President Trump spoke at the Washington DC AI Summit yesterday on a variety of topics, including, of course, artificial intelligence itself. The president was effusive with praise for AI and AI companies during his speech, but it appears there’s one sticking point he simply can’t let go: He doesn’t like the name.
“Around the globe, everyone is talking about artificial intelligence… artificial, I can’t stand it” said Trump, throwing his arms up in apparent frustration.
“I don’t even like the name. I don’t like anything that’s artificial, so could we straighten that out, please? We should change the name. I actually mean that.”
“I don’t like the name artificial anything. Because it’s not artificial. It’s genius. It’s pure genius.”
The President neglected to come up with any alternatives, but luckily a few already exist. Artificial intelligence can also be referred to as machine learning, neural networks, thinking computers, or alternative-to-humans-that-also-scares-the-crap-out-of-them. Okay, I made the last one up.
But hey, I’m just splitting hairs. Artificial intelligence (or just AI) is a term that’s bandied around far too often these days in my opinion, and has found itself attached to products with dubious AI features, like a pillow that rolls your head around when you snore.
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Presumably, Trump won’t be a fan of artificial general intelligence either, although the much-mooted eventual arrival of “superintelligence” might be more up his street. He was the first US president to attend the Super Bowl earlier this year and had nothing to say on the name, so I’m presuming he’s a fan.
So, what should we call artificial intelligence if the leader of the world’s biggest superpower thinks it sticks in the throat? Answers on the back of a postcard, please.
The push for artificial intelligence-related investments in Western Pennsylvania continued Thursday with a second conference that brought together business leaders and elected officials.
This time Gov. Josh Shapiro, U.S. Sen. David McCormick and others converged in Bakery Square in Larimer to emphasize emerging public-private initiatives in anticipation of growing data center development and other artificial intelligence-related infrastructure including power plants.
Here’s what speakers and attendees at the summit were saying.
AI is not a fad
As regional leaders and business investors consider their options, BNY Mellon’s CEO Robin Vince cautioned against not taking AI seriously.
“The way to get left behind in the next 10 years is to not care about AI,” Vince said
“AI is transforming everything,” said Selin Song during Thursday’s event. As president of Google Customer Solutions, Song said that the company’s recent investment of $25 million across the Pennsylvania-Jersey-Maryland grid will help give AI training access to the more than 1 million small businesses in the state.
Google isn’t the only game in town
Shapiro noted that Amazon recently announced plans to spend at least $20 billion to establish multiple high-tech cloud computing and AI innovation campuses across the state.
“This is a generational change,” Shapiro said, calling it the largest private sector investment in Pennsylvania’s history. “This is our next chapter in innovative growth. It all fits together. This new investment is beyond data center 1.0 that we saw in Virginia.”
Fracking concerns elevated
With all of the plans for new power-hungry data centers, some are concerned that the AI push will create more environmental destruction. Outside the summit, Food & Water Watch Pennsylvania cautioned that the interest in AI development is a “Trojan horse” for more natural gas fracking. Amid President Donald Trump’s attempts to dismantle wind and solar power, alternatives to natural gas appear limited.
People gather in the Bakery Square area of Larimer Thursday, Sept. 11, to protest the nearby AI Horizons Summit. (Photo by Eric Jankiewicz/Pittsburgh’s Public Source)
Nuclear ready for its moment
But one possible alternative was raised at the AI conference by Westinghouse Electric Company’s interim CEO Dan Summer.
The Pittsburgh-headquartered organization is leading a renewed interest in nuclear energy with plans to build a number of its AP 1000 reactors to help match energy needs and capabilities.
Summer said that the company is partnering with Google, allowing them to leverage Google’s AI capabilities “with our nuclear operations to construct new nuclear here.”
China vs. ‘heroes’
Underlying much of the AI activity: concerns with China’s work in this field
“With its vast resources, enormous capital, energy, workforce, the Chinese government is leveraging its resources to beat the United States in AI development,” said Nazak Nikakhtar, a national security and international trade attorney who chaired one of the panels Thursday.
Carnegie Mellon University President Farnam Jahanian, right, speaks at the AI Horizons Summit alongside Gov. Josh Shapiro, center, and other panelists. (Photo by Eric Jankiewicz/Pittsburgh’s Public Source)
Speaking to EQT’s CEO Toby Rice and Groq executive Ian Andrews, Nikakhtar outlined some of the challenges she saw in U.S. development of AI technology compared to China.
“We are attempting to leverage, now, our own resources, albeit in some respects much more limited vis-a-vis what China has, to accelerate AI leadership here in the United States and beat China,” she said. “But we’re somewhat constrained by the resources we have, by our population, by workforce, capital.”
Rice said in response that the natural resources his company is extracting will help power the country’s ability to compete with China.
Rice drew a link between the 9/11 terror attacks 24 years earlier and the “urgency” of competing with China in AI.
“People are looking to take down American economies,” Rice said. “And we have heroes. Never forget. And I do believe that us winning this race against China in AI is going to be one of the most heroic things we’re going to do.”
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The NFL Week 2 schedule gets underway with a Thursday Night Football matchup between NFC playoff teams from a year ago. The Washington Commanders battle the Green Bay Packers beginning at 8:15 p.m. ET from Lambeau Field. Second-year quarterback Jayden Daniels led the Commanders to a 21-6 opening-day win over the New York Giants, completing 19 of 30 passes for 233 yards and one touchdown. Jordan Love, meanwhile, helped propel the Packers to a dominating 27-13 win over the Detroit Lions in Week 1. He completed 16 of 22 passes for 188 yards and two touchdowns.
NFL prop bettors will likely target the two young quarterbacks with NFL prop picks, in addition to proven playmakers like Deebo Samuel, Romeo Doubs and Zach Ertz. Green Bay’s Jayden Reed has been dealing with a foot injury, but still managed to haul in a touchdown pass in the opener, while Austin Ekeler (shoulder) does not carry an injury designation for TNF. The Packers enter as a 3-point favorite with Green Bay at -172 on the money line, while the over/under is 49 points. Before betting any Commanders vs. Packers props for Thursday Night Football, you need to see the Commanders vs. Packers prop predictions powered by SportsLine’s Machine Learning Model AI.
Built using cutting-edge artificial intelligence and machine learning techniques by SportsLine’s Data Science team, AI Predictions and AI Ratings are generated for each player prop.
Top NFL player prop bets for Commanders vs. Packers
After analyzing the Commanders vs. Packers props and examining the dozens of NFL player prop markets, the SportsLine’s Machine Learning Model says Packers quarterback Love goes Over 223.5 passing yards (-112 at FanDuel). Love passed for 224 or more yards in eight games a year ago, despite an injury-filled season. In 15 regular-season games in 2024, he completed 63.1% of his passes for 3,389 yards and 25 touchdowns with 11 interceptions. Additionally, Washington allowed an average of 240.3 passing yards per game on the road last season.
Adobe (ADBE) just reported record quarterly revenue driven by artificial intelligence gains. Will it revive confidence in the stock?
The creative software giant late Thursday posted adjusted earnings per share of $5.31 on revenue that jumped 11% year-over-year to a record $5.99 billion in the fiscal third quarter, above analysts’ estimates compiled by Visible Alpha, as AI revenues topped company targets.
CEO Shantanu Narayen said that with the third-quarter’s revenue driven by AI, Adobe has already surpassed its “AI-first” revenue goals for the year, leading the company to boost its outlook. The company said it now anticipates full-year adjusted earnings of $20.80 to $20.85 per share and revenue of $23.65 billion to $23.7 billion, up from adjusted earnings of $20.50 to $20.70 on revenue of $23.50 billion to $23.6 billion previously.
Wall Street is optimistic. The shares finished Thursday a bit below $351, and the mean price target as tracked by Visible Alpha, above $461, represents a more than 30% premium. Most of the analysts tracking the stock have “buy” ratings.
But even that target represents a degree of caution in the context of recent highs. The shares were above $600 in February 2024.
