Morning Briefing: Facebook's engineers have doubts about AI

Moomoo Breakfast US wrote a column · Oct 18, 2021 05:19

Morning Briefing: Facebook's engineers have doubts about AI

By Danilo

Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock index futures slid in early trading Monday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season.

- The statistics contrast starkly with the confidence in AI presented by Facebook's top executives, including CEO , who previously said he expected Facebook would use AI to detect "the vast majority of problematic content" by the end of 2019.

Market Snapshot

U.S. stock index futures slid in early trading Monday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season.

Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ shed 109 points, or 0.3%. $S&P 500 Index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ futures slid around 0.4% each.

Source: Bloomberg

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