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Eric Risberg / AP

On Facebook Live from a backyard BBQ Sunday, Mark Zuckerberg took a question on artificial intelligence challenged the views of fellow Silicon Valley billionaire Elon Musk, who has said AI is "a fundamental risk to the existence of human civilization," per CNBC.

"I think you can build things and the world gets better," said Zuckerberg. "With AI especially, I am really optimistic... I think people who are naysayers and try to drum up these doomsday scenarios — I just I don't understand it. It's really negative and in some ways I actually think it is pretty irresponsible...In the next five to 10 years, AI is going to deliver so many improvements in the quality of our lives."

Go deeper

Federal Reserve expands lending program for small businesses

Federal Reserve Chairman Jerome Powell at a news conference in 2019. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve said on Friday it would again lower the minimum loan size for its pandemic-era small business program.

Details: Businesses and nonprofits will be able to borrow a minimum of $100,000 from the facility, down from $250,000 — a move that might attract smaller businesses that don't need as hefty of a loan. Since the program launched earlier this year, the minimum loan size has been reduced twice.

2 hours ago - Economy & Business

How Trump and Biden would steer the future of transportation

Illustration: Eniola Odetunde/Axios

President Donald Trump and Democratic challenger Joe Biden would likely steer automotive policy in different directions over the next four years, potentially changing the industry's road map to the future.

Why it matters: The auto industry is on the cusp of historic technological changes and the next president — as well as the next Congress — could have an extraordinary influence on how the future of transportation plays out.