AI Gone Viral & Senator Ted Cruz on Debt 5/23/23

An AI-generated image went viral on Twitter, sending a ripple through the markets as investors considered its authenticity. CNBC’s Steve Kovach discusses the perfect storm of paid-for blue checkmarks on Twitter, AI, and social media, and what big tech firms like Alphabet could do to curb the spread of AI-fueled disinformation. In Washington, CNBC’s Kayla Tausche reports that President Biden and House Speaker Kevin McCarthy (R-CA) had a productive discussion about averting a debt default. PIMCO’s head of public policy Libby Cantrill discusses the potentially “catastrophic” stakes for those negotiations, and Senator Ted Cruz (R-TX) discusses his concerns as the debt ceiling deadline approaches.   In this episode:Sen. Ted Cruz, @tedcruzBecky Quick, @BeckyQuickMelissa Lee, @MelissaLeeCNBCKayla Tausche, @kaylatauscheSteve Kovach, @stevekovachKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.