00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Meta's CEO Mark Zuckerberg argued that policymakers should focus on accelerating AI development
00:07rather than slowing it with regulations, according to the Wall Street Journal.
00:12Zuckerberg said history, recent jobs data, and his own use of AI support a more optimistic
00:17view of the technology than current public debate reflects.
00:20The Trump administration is implementing a voluntary 30-day review period for new AI models,
00:25which Zuckerberg said should be conducted as efficiently as possible.
00:29Meta plans to spend up to $145 billion this year on AI chips and data centers after laying
00:36off 8,000 employees because of AI-related costs.
00:40Zuckerberg said AI infrastructure is also creating jobs, pointing to Meta's new training academy
00:45that guarantees graduates work at a company site.
00:48For all things money, visit Benzinga.com.
Comments