Investors Look to Jobs Data as Economic Hopes Grow
The US jobs report on Friday will come as market participants grow increasingly optimistic of a soft landing for the economy.
Hackers descended on a conference center near the Las Vegas Strip last week for an annual gathering known as DefCon. This year, there was a new twist: fooling AI chatbots. Some of the largest AI developers participated in the three-day challenge, asking hackers to uncover flaws in a variety of language models. Industry leaders are in a race to accelerate the development of generative AI, in part by improving the accuracy of their chatbots and resolving vulnerabilities that raise a host of concerns around the budding technology. Meanwhile, businesses continue to discover new ways of utilizing AI as it shows early signs of shaking up the modern economy.
The next generation of AI presents new possibilities for the way people live, work and invest. Generative AI has already made its impact felt on the investment world, underpinning recent gains in tech stocks and creating new prospects for the companies that stand to benefit from its emergence. PGIM’s The OUTThinking Investor podcast explores a future reimagined by generative AI, from its business applications and social impact to the investment opportunities and risks across sectors.
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