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, @tedcruz

Becky Quick, @BeckyQuick

Melissa Lee, @MelissaLeeCNBC

Kayla Tausche, @kaylatausche

Steve Kovach, @stevekovach

Katie Kramer, @Kramer_Katie

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