Fox News AI Newsletter: Musk's AI prediction

IN TODAY’S NEWSLETTER:

– Elon Musk expects AI will replace all human jobs, lead to ‘universal high income’
– FCC’s proposal to regulate AI in political ads is misguided, commissioner says
– Indian military ramps up AI capabilities in effort to keep up with regional powers

SHOW ME THE MONEY: Billionaire entrepreneur Elon Musk reiterated his stance this week that artificial intelligence will eventually eliminate the need for humans to work, giving his vision for how the future will look as the technology continues to rapidly advance.

AI IN POLITICAL ADS: The Federal Communications Commission last week proposed a new regulation that would require the use of artificial intelligence in political advertisements to be disclosed, which has one commissioner slamming the move as regulatory overreach ahead of the election.

HI-TECH WAR PLANNING: India, a country blessed with a strong high-tech industry, is applying its brains not just to commercial artificial intelligence but also to its military, as its neighbor and regional rival China continues to pour billions into AI research.

CASH INFLUX: Billionaire Elon Musk’s artificial intelligence startup xAI announced Sunday that the company raised $6 billion in Series B funding that lifts the company’s valuation to $24 billion after the investment.

DON’T BE DUPED: Advanced artificial intelligence scams are lurking behind innocuous search engine queries, leveraging what’s known as “search engine optimization” to deceive users, according to expert advice from GuidePoint Security, highlighting how cybercriminals manipulate these systems.

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