AI needs 'some parameters' in its use, regulation: EY CEO

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Services and consulting firm EY reports record global revenue of just under $50 billion. EY CEO Carmine Di Sibio sits down with Yahoo Finance Live to discuss the company's growth outlook as more businesses look to adopt newer technology and artificial intelligence. 'What drives our results is really the environment and the economy and change, in particular change in technology,' Di Sibio notes. 'As companies need to change, that obviously fuels growth for us, and so you could see that in last year's results, and you'll see it in the upcoming year's results.' Di Sibio also emphasizes EY's goals for AI and how regulators should be examining large language models. 'My belief is that I think from a U.S. perspective, I think actually the administration needs to put together a presidential committee on AI, and it needs to include business people, tech people, academics, government people to really look at how we need to move forward and move forward in a good way where AI is responsible...,' he explains.

Fox NewsNormally pugnacious Fox News host Jeanine Pirro went momentarily silent Tuesday on The Five during a segment on COVID-19 vaccines. Co-host Jessica Tarlov was discussing how social media companies must “figure out a system to stop people from spreading” disinformation and misinformation about vaccines, though she was also was skeptical of Meta temporarily blocking searches for vaccine information. Social media sites, she explained, are where many young people obtain information.

In a rare post-trial hearing, a court security officer testified before the judge overseeing former Trump adviser Peter Navarro's contempt of Congress case, after Navarro's attorneys moved for a mistrial. Navarro, who under Donald Trump was director of the White House Office of Trade and Manufacturing Policy, was found guilty last week of two counts of contempt of Congress for defying a subpoena issued in February 2022 by the House select committee investigating the Jan.

 

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