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Experts are warning: our AI arms race is putting humanity at risk | Stuart Russell
A recent letter signed by 1,367 researchers and engineers at frontier AI labs – mainly OpenAI, Anthropic and Google Deepmind – points to a dangerous momentIt is fashionable in certain circles to dismiss the catastrophic risks of AI. One often hears that “the real experts” who work on the technology every day are really not concerned at all; that only “doomers” and “luddites” espouse a “fringe” view from a “position of ignorance”; that all talk of potential catastrophe is just “science
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Oil price jumps as US-Iran clashes raise odds of interest rate rises
Stock markets fall as analysts price in two quarter-point UK rate rises by the end of the yearBusiness live – latest updatesOil and gas prices have jumped and expectations of interest rate rises in Europe have increased after the US carried out a third night of military strikes against Iran.Brent crude, the international benchmark for oil prices, rose by as much as 4.6% to $87.08 a barrel on Tuesday, its highest level in just over a month. Continue reading...
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‘A new consumer’: how weight-loss drugs are shaking up clothes shopping
As they slim down, UK and US users of GLP-1 jabs and pills are changing their spending habits – and their wardrobesTell us: what does the new weight-loss pill mean for you?“I’m now at a point where I’m going to buy even more clothes,” says Hayley Grice, 50, from Shropshire, who has dropped seven sizes after starting on the GLP-1 weight loss jab Mounjaro two years ago. “I’m very happy with my physique right now.”Grice, the financial director of a business she set up with her husband, tr
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Two bidders are better than one. But easyJet’s exit is depressing for the London market | Nils Pratley
Once again a mispriced share price created opening for US raiders to rush inUS private equity firm Apollo enters easyJet bidding warWill any remaining bidders for easyJet please make their way to the boarding gate? In reality, we’ve probably seen the whole cast at this point because the arrival of US private equity firm Apollo, trumping Castlelake’s offer, is a surprise. But the outbreak of a competitive auction will come as a relief to easyJet’s board.For all the fake drama of Castlel
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The fight against AI data centers is important – but it’s just a starting point | Bruce Schneier and Nathan E Sanders
AI companies want to capture the value created by entire industries. That concentration of wealth and power is society’s greatest riskOpposition to AI datacenters has emerged as a primary theme in US politics, one that – surprisingly – doesn’t fall along party lines. We applaud people coming together for constructive debate on any issue, and agree that communities need to evaluate whether any economic benefits these datacenters bring is worth their costs. Still, we worry that a focus o