Well, big tech chiefs are at the G20 Summit today talking all things AI and our Jake Connelly has been following the developments at the G20 in North Carolina. Jake, what are they saying?

The biggest message we're getting here from all these tech leaders from Jensen Wong, from Sam Altman, from Alex Karp is that you cannot get left behind. Governments outside of the US cannot risk overregulating or overworrying in slowing down AI uh production, AI push forward both Jensen Wong and Sam Altman comparing it to a public utility, like water, like energy. Sam Altman himself saying AI is non-negotiable. Here's what he had to say on that.

If I were a country, um, you know, many of you are going to take very different approaches to how you regulate AI, how you welcome it into your country, how you use it. But for sure, I think it is non-negotiable that you have to use it. The economic growth and benefit to people that can come from this. Um, the value to a country is too high to ignore.

So that's exactly what we just heard there. Sam Altman, the head of Open AI saying, look, you cannot risk getting caught flat-footed here. We saw that message across the board. The interesting thing though is that we're also hearing that from the US and the White House itself. We saw Michael Kratsios, who's the uh director of the US Office of Science and Technology Policy, coming out and pushing for what he called the the Carolina principles, which is this governing idea of the US, Howard Lutnick, excuse me, the Commerce Secretary is trying to push forward that essentially, you shouldn't be overregulating this. Governments in the EU elsewhere, don't go about and create a new regulatory body. Don't slow this down. We saw Jensen Wong actually calling for the onus for safety to be put on the companies developing developing that technology themselves, not the government saying, look, if you get in the way, you will only slow this down, you'll only hurt your own economic growth.

What about cyber risks? Are are tech chiefs talking about that as well?

So that's been a big uh point of contention. Sam Altman himself came out again and said that, and I want to quote here, I think some things are going to go very wrong with cyber security unless people act quite urgently. So you see both sides of the coin here. At the same time that the heads of AI at, you know, Anthropic, Open AI, uh Nvidia, Palantir are saying, look, push forward as fast as you can. There is a real uh reasoning and concern that what we saw with the Methos model that couldn't be released by Anthropic could come true, that there could be huge cyber security violations and problems. You saw the ECB's uh Andrew or excuse me, the Bank of England's Andrew Bailey calling for the same thing yesterday in a letter to some of the finance ministers saying, look, we cannot risk getting this wrong. We need to come back to first principles because yes, AI is incredibly powerful, but that means it also presents incredible risk.

Mhm. Great stuff as always, Jake. Thank you. Appreciate it.