Tech
Why The U.S. Builds Houses Wrong
The housing market is experiencing a boom not seen since 2006. However, natural disasters like wildfires and floods are also wreaking havoc on more and more American communities. Here’s how the U.S. can tackle building safer houses or retrofit existing homes for resiliency while keeping costs down, potentially mitigating the flow of domestic climate migrants.
Correction (March 18, 2021): At 2:13 this video incorrectly states the number of new housing units in the United States in 2020. The correct number is 1.3 million.
Existing home sales last year reached their highest levels since 2006. However, increasing numbers of climate disasters across the country have sparked concern about how safe homes are.
Potential buyers rarely wonder âwhat the flood plain is here, or do they look around and see this beautiful forest and say, âOh, my God, itâs going to be on fire in two years?ââ American Institute of Architects consultant David Collins said.
Last year was the worst fire season in U.S. history. In California, five of the stateâs six-largest fires began within a two-month window. Overall, more than a dozen severe weather storms each dealt more than $1 billion in damages across the U.S.
Jack Cohen, a research physical fire scientist, advocates for home construction that better stops the spread of wildfires by including nonflammable construction materials and ensuring nothing exists between houses that an ember can engulf in flames.
âWe need to define the problem as a structure ignition problem, not a wildfire control problem,â Cohen said. His Home Ignition Zone research is supported by the National Fire Protection Association, a part of the Federal Emergency Management Agency.
FEMA has a financial incentive in protecting Americaâs homes and encouraging local groups to follow the building codes set by the International Code Council.
Acting U.S. Fire Administration chief Tonya Hoover said the approximately 2,000 communities that have adopted the councilâs building codes have saved the U.S. an average of $1.6 billion in annualized losses from flooding, hurricanes and earthquakes.
However, building homes that can withstand natural disasters are expensive and keep people, including the more than 500,000 thousand homeless counted in 2019, outside.
âA thousand dollars added to the price of a new home, at any time, in any way, … will eliminate 153,967 households from being able to buy that home,â said Greg Ugalde, immediate past chairman of the National Association of Home Builders.
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Does The U.S. Build Houses Wrong?
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For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge crops. Manufacturers hedge metals. Now a startup wants to bring that same financial machinery to artificial intelligence. Silicon Data and CME Group are working on futures contracts tied to GPU rental prices, a market that could help firms hedge rising AI infrastructure, cloud computing and data center costs. AI companies spend heavily to rent high-end GPU power for training and running artificial intelligence models, but future compute prices can be hard to predict. CNBC’s Yun Li reports.
Chapters:
0:00-54:00 Introduction
00:55-03:16 Chapter 1: Computing Costs
03:17-05:27 Chapter 2: Demand
05:28-07:21 Chapter 3: Setting a Benchmark
Reporter: Yun Li
Produced and Shot by: Charlotte Morabito
Camera by: Natalie Rice
Edited by: Andrea Miller
Animation: Christina Locopo, Alisa Stern
Additional Editing: Valentina Duarte, Macklin Fishman
Additional Production: Christian Nunley
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Can AI Compute Become The Next Big Futures Market?
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The auto industry is staring at a ‘perfect storm’ of slowing population growth, longer lasting cars, high prices, and new technology. These factors stand to put significant downward pressure on new car sales by 2040, according to analysts at Bain & Co.. The landscape could be far more competitive and prone to consolidation.
Chapters:
00:00 Introduction
00:46 Chapter 1:Â The reasons why
03:22 Chapter 2:Â Uncertainty
04:56 Chapter 3: Competitive U.S.
Reporter: Robert Ferris
Produced, shot, and edited by: Darren Geeter
Additional editing by: Carlos Waters
Animations: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images
Additional sources: Bain & Company, AutoForecast Solutions
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Why Analysts Say The Auto Industry Is Heading For Demographic Cliff
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Zhipu’s GLM 5.2 dropped last week and Silicon Valley noticed immediately. The Chinese open-source model is closing in on the American frontier on the benchmarks that matter most for agentic work. And it’s free to download, fine-tune, and run on your own servers. Developer adoption on OpenRouter is moving faster than DeepSeek did back in April.
This week we ask what it actually means for enterprises, for vertical AI companies, and for the infrastructure trade underneath all of it.
Box CEO Aaron Levie on how enterprises are thinking about model selection when capable open-source is in the mix. Harvey co-founder and president Gabe Pereyra on building specialized AI on top of open-source infrastructure. And Bernstein’s Stacey Rasgon on OpenAI’s new Jalapeño chip and what the race to cut inference costs means for Nvidia and Broadcom.
Chapters:
00:00 Introduction
1:02 Zhipuâs latest model, GLM 5.2
5:12 Gabe Pereyra, President and Co-Founder, Harvey
8:41 Aaron Levie, CEO, Box
36:31 Stacy Rasgon, Senior Analyst, Bernstein Research
Anchor and Columnist: Deirdre Bosa
Produced by: Jasmine Wu
Edited by: Andrew Evers
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images
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Z.AI And The Chinese Open Source Moment
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CNBC’s Seema Mody got an exclusive look inside GE Vernova’s largest gas turbine plant in Greenville, South Carolina offer fresh evidence that the AI boom is only getting started. Inside the factory, engineers are working side-by-side factory workers to speed up production of this complex machine. Two hundred workers were hired last year and three hundred more are expected to start working at this factory by end of year. Prices of gas turbines are surging more than 300% since 2023 as companies like XAI, Microsoft and OpenAI deploy turbines at their data centers powering AI.
Reporter: Seema Mody
Produced by: Jeffrey Kopp, Noah Broder
Edited by: Darren Geeter
Camera: Shawn Baldwin, David Soltis, Macklin Fishman
Senior Director of Video: Jeniece Pettitt
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How The AI Data Center Buildout Is Creating Boom For The Gas Turbine Industry
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Sports TV ratings and live rights fees are soaring, but professional leagues and broadcasters are facing a new battleground for young fans. Social platforms like TikTok and YouTube are claiming an increasing share of viewing hours among Generations Z and Alpha. Sports clips, highlights and creator content can introduce younger fans to professional sport, but how do the major players cash in?
Reporter: Lillian Rizzo
Produced & Edited by: Tasia Jensen
Camera: Natalie Rice
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
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How TikTok And YouTube Are Reinventing Sports Viewership
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