Posts by Amelia Frost
U.S. And China Keep Racing To AI Dominance. Bessent Says There Is Space For Cooperation Nonetheless.
The United States is open to discussing potential shared risks from artificial intelligence with China as officials from both countries prepare for economic and technology talks, according to Treasury Secretary Scott Bessent. “The United States remains the leader in AI. And we are open to discussions on avoiding shared risks and avoiding bifurcation of our…
Read MoreSaudi Resorted To China To Rein In The Houthis. Beijing Reportedly Pressured Iran.
Saudi Arabia resorted to China to help reining in Yemen’s Houthi rebels, which have been making significant gains in the country and the Red Sea. Getty Images China reportedly asked Iran to rein in Yemen’s Houthis after getting a request from Saudi Arabia as the rebel group makes advances in the country and the Red…
Read MoreHouse Speaker Johnson Says Key Factor Of Iran War Is ‘Taken Care of,’ Says Dems Play Part In High Gas Prices
House Speaker Mike Johnson said the U.S.’s goal of preventing Iran from obtaining a nuclear weapon is “taken care of” and Republicans will focus on reducing gas prices in the country. “Iran will not have a nuclear weapon. That was an important objective of American foreign policy for the last half-century,” Johnson said in a…
Read MoreBritish Inflation Is Running Above Its Target. The Bank Of England Decided To Leave Rates Unchanged.
The Bank of England kept interest rates unchanged at 3.75% on Thursday, in line with expectations from analysts. The decision, however, was not unanimous. Six members voted to maintain rates, while the remaining three favored a hike to 4%. The central bank noted that the “protracted conflict in the Middle East has contributed to further…
Read MoreDemocratic Senator Issues Dire Warning About AI: ‘We Are on the Verge of Losing Control’
Sen. Richard Blumenthal is urging the U.S. government to establish stronger oversight of artificial intelligence systems before they are released to the public, warning that the rapid pace of development could outstrip society’s ability to manage potential risks. The Connecticut Democrat told CNBC that new artificial intelligence products should undergo some form of “objective review”…
Read MoreJapan’s Interest Rates Could Hit A Three-Decade High. Nearly 9 In 10 Economists Expect Another Hike.
The Bank of Japan is widely expected to raise interest rates again this week, a move that would take borrowing costs to their highest level in more than three decades as the central bank responds to persistent inflation and stronger wage growth. Nearly 89% of economists and analysts in a CNBC survey expect the BOJ…
Read MoreHouse To Vote On Data Center Energy Use Bill. Critics Say It Won’t Protect Residents Anyway.
The House is expected to vote this week on a bill that would seek to protect people from potentially high energy costs driven by AI data centers. The Ratepayer Protection Act has been introduced in the House and has bipartisan support. The bill would “amend the Public Utility Regulatory Policies Act of 1978 to establish…
Read MoreMost Americans Worry AI Could Destroy Humanity. Two Thirds Rate The Possibility As ‘Moderate.’
Most Americans believe AI could destroy humanity in the future, according to a new poll. A Politico poll found that two-thirds of Americans rate AI’s potential to destroy humanity as “moderate.” The poll comes after Anthropic CEO Dario Amodei said that the potential risks of AI are real and should inform the pace of its…
Read MoreTrump’s Pollster Warns GOP Against ‘Unqualified Support’ for AI Data Centers As Opposition Remains High
President Donald Trump‘s longtime pollster Tony Fabrizio is advising Republican candidates to change how they talk about artificial intelligence data centers, warning that “unconditional support” for rapid expansion could create political challenges as voters raise concerns about electricity costs, water use and the impact on local communities. In a two-page messaging memo obtained by Axios,…
Read MoreKevin Warsh Struck a Hawkish Tone As The Fed Hiked Rates. Stocks Reversed Gains And Fell.
The FOMC said in its statement that “inflation remains elevated” and the decision “will support a timelier return to the Committee’s 2 percent goal.” Most officials also projected another rate hike by the end of the year. Stocks reversed gains and plunged on Wednesday after the Federal Reserve hiked interest rates and chair Kevin Warsh…
Read MoreMicrosoft AI Chief Calls Out Anthropic Over Its Approach To Ai. He Claims Its Dangerous.
Microsoft AI chief Mustafa Suleyman has raised concerns about Anthropic’s approach to artificial intelligence consciousness research, arguing that training models on concepts related to consciousness and welfare could create new challenges in controlling future advanced systems. Suleyman, who leads Microsoft’s artificial intelligence efforts, said he agrees with Anthropic’s broader mission of developing safer AI systems…
Read MorePamela Lynch Is Building the Businesses Behind a More Sustainable Future
For Pamela Lynch, sustainability has never been separate from business performance. It is not simply a corporate commitment, an environmental target, or something added to an annual report. It is a business challenge requiring the same discipline as any other: strong leadership, commercial viability, operational excellence, and the ability to scale. Throughout her career, Lynch…
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