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President had brushed away suggestions to slow down AI technology, even as his own party counseled caution
Donald Trump on Saturday said he would appoint an artificial intelligence czar and create an “AI Force” to help monitor the technology, though he gave almost no details about either plan.
As global fears over AI have grown, especially in the past week in the face of multiple industry figures sounding the alarm about its dangers, the president has been critical of calls to slow down development of the fast-moving industry.
Continue reading...Economies thrown into renewed turmoil as AI debt, Iran war and soaring government bond yields fuel alarm
At the height of the summer, the mood was optimistic in the world’s financial capitals. Powered by the AI revolution, the US stock market had rallied to a fresh all-time high, as investors bet the multitrillion-dollar investment spree would overshadow the hit from the Iran war.
Now the warning lights are flashing red. As the fighting in the Middle East intensifies without clear sign of a resolution, financial markets have been thrown into renewed turmoil. A slowdown looms in the AI arms race, and tinderbox conditions in the market for government debt are fuelling alarm.
Continue reading...Treasury’s latest intergenerational report projects life expectancy at birth will reach 89 for women and 86 for men by 2066
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Australian households will shrink but more people can expect to live well into their 90s, according to the latest update to forecasts of the country’s long-term future.
Treasury’s latest intergenerational report, to be published in full on Monday, will project the impact of government policies 40 years into the future.
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Bills signed by California governor safeguard vote by mail and make seizing ballots or election records a felony
California governor Gavin Newsom has signed off on a package of bills aimed at bolstering election security, including measures to thwart federal political interference, his office announced on Sunday.
The pieces of legislation appear to address hot button national and state electoral issues, including an extension to the hours for mail-in voting drop off locations.
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