Amid debates over accountability for AI hacking and Europe's drive for AI sovereignty, US Treasury yields surged, increasing the likelihood of an interest rate hike.
This sparks a debate over who should be held legally accountable for the autonomous actions of AI.
The Department of Justice made it clear that judicial punishment could be applied if illegal activities occur due to AI system malfunction or misuse. The debate over the responsibility of AI developers, such as Sam Altman, CEO of OpenAI, is coming to the forefront.
Currently, European individual investors have invested approximately 684 trillion won in shares of US companies like Nvidia and Alphabet.
In terms of major AI model market share, the US holds 59 and China holds 35, while Europe has only 2. This implies that if access to AI technology is cut off, severe repercussions could hit the European economy, emphasizing the need for sovereign AI ( 자체 AI 역량) and the importance of securing supply chain stability.
He warned of severe immediate repercussions if AI services are cut off, emphasizing that supply chain stability is essential from the perspective of energy security and technological security.
Jensen Huang believes that if a specific country's AI services are cut off, and if it possesses independent AI capabilities, the impact will be reduced, making the acquisition of independent AI capabilities even more crucial. This argument is interpreted as supporting the move towards AI sovereignty in various countries.
He stressed that given the instability of global supply chains, self-reliance in AI technology is an essential factor for national competitiveness and survival.
The US 10-year Treasury yield briefly exceeded 5% during intraday trading. This is the second highest level since the 2007 financial crisis, having previously surpassed 5% in October 2023.
The 30-year yield has already exceeded 5.3%, increasing long-term rate hike pressure. This surge in yields is analyzed as a complex result of rising oil prices and geopolitical risks in the Middle East.
Houthi rebels are threatening Red Sea undersea cables and oil tankers, escalating geopolitical instability in the Middle East. This instability is fueling rising international oil prices, which in turn leads to inflationary pressure.
According to FedWatch, the likelihood of an interest rate hike by the Federal Reserve (Fed) has surged to almost 90%. The market perceives the current situation as an unavoidable one where rates must be raised.
In particular, there is an analysis that preemptive rate hikes are necessary during times of high uncertainty, such as war.
While an interest rate hike just before the next midterm election could entail political burden, the market views the scenario of raising rates now and freezing them next as the best option.
Committee member Moon Nam-joong and others are making these arguments, betting on a rate cut based on economic indicators.
They cite strong GDP growth, the Personal Consumption Expenditures (PCE) price index, and robust employment figures as grounds for a cut.
This goes beyond simply good news versus bad news.
The market analyzes that unpredictable volatility can be amplified when there is a lot of capital betting on expectations.
HD Hyundai Heavy Industries announced a large-scale investment of approximately 1 trillion won, signaling expanded generator production.
Global companies such as Finland's Wärtsilä and Germany's Everence are also responding to data center power demand by deciding to expand generator capacity by a total of 4.5 GW.
Upon receiving a report that generator production would take two years, Musk reacted drastically, including firing executives.
Ultimately, he mobilized mobile generators used at construction sites to resolve the urgent power issue. This anecdote starkly illustrates the power infrastructure shortage caused by the rapid growth of the AI industry.
It suggests that providing essential power for AI technology development is emerging as a new challenge.
This tteokgalbi contains domestic chives, enhancing its flavor.
It comes in individual packaging for convenient storage and use, and its thick cut provides a satisfying texture. One box contains 10 pieces.
Two pieces of tteokgalbi are enough for a 2-3 person meal, and it's recommended as a good alternative to jeon (savory pancakes) for the Chuseok holiday.
It was emphasized as an option that prevents family discord and offers good value for money.
A Naju pear gift set with exceptionally high sugar content and delicious taste this year was introduced. It comes in a 5kg configuration, emphasizing the characteristic that larger pears taste better.
This gift set, consisting of approximately 6 pears, is sold for 49,000 won.
Answers come from the transcript, with the exact spot cited.
Want the next video from 삼프로TV 3PROTV too?
When 삼프로TV 3PROTV publishes, we'll write it up like the one you just read and email it to you.
삼프로TV 3PROTV published 97 in the last 7 days.
We skip Shorts. You can unfollow any time.
