Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.In the text, Gary Marcus discusses how warnings about the dangers of tech oligarchs taking over the world and the lack of regulation around AI are becoming a reality. Criticizing JD Vance for suggesting that any regulation around AI is "excessive," it is argued that the US has almost no regulation around AI at all. Without proper oversight, AI could have significant negative impacts on society, including potential dangers of authoritarian uses in China and the US. Ultimately, citizens are called upon to speak up and advocate for regulations that ensure AI works for the benefit of society.A recent survey conducted by Semaphore found that only about 8% of dealmakers are confident in the international economy. Results showed limited confidence in wider political and economic landscapes, with many expressing uncertainty or lack of confidence, particularly in Congress, Trump's economic team, and the international economy. Specific opportunities in the U.S. and certain regions were highlighted, along with concerns about inflation and managing artificial intelligence. The survey also touched on issues like the carried interest tax loophole, diversity, and Elon Musk's influence on American domestic and foreign policy. Funding activity included significant capital raises by companies in various sectors and strategic acquisitions by private equity firms.Elon Musk has made a $97.4 billion bid to buy the assets of OpenAI, potentially setting back his most formidable rival in the artificial intelligence space. Lyft plans to launch robo-taxis in Dallas in 2026 using self-driving technology from Mobileye. France has created a $400 million foundation for public interest AI, aiming to raise $2.5 billion over five years for projects supporting public interest in AI. Other updates include Nokia's new CEO, China's tech targets, and various developments in the AI industry.Various current events and news are discussed, including a former Meta director suing the company, Nokia appointing a new AI-focused CEO, Elon Musk's failed acquisition offer for OpenAI, Trump's threats towards Gaza, and other market updates. Mark Zuckerberg's leadership style and recent layoffs at Meta are reflected upon to emphasize the importance of compassion in leadership. Articles from Fortune magazine covering topics like UnitedHealth Group's defamation lawsuits, Nokia's leadership changes, and market trends are highlighted. Subscribers are encouraged to stay updated with Fortune's newsletters for the latest business updates.

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