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News
Professors warn AI mass layoffs will trigger an economic trap ‘no CEO can stop’
1+ hour, 31+ min ago (401+ words) Without human workers, there might not be any customers to keep companies afloat A professor has warned the public that mass layoffs as a result of AI could end up triggering an economic trap that ‘no CEO can stop’. This…...
Samsung just launched a credit card with rewards that seem 'too good to be true"
3+ hour, 5+ min ago (399+ words) Applications are now open to the general public to apply for the new credit card With Samsung’s Galaxy Unpacked expected to take place today (July 22) in London, many fans are anticipating the announcements of brand new products. Ahead of the…...
World's top economists sign urgent open letter issuing public warning of 'tsunami' about to hit the job market
6+ day, 17+ min ago (584+ words) It seems inevitable that AI will come for us all More than 200 experts have signed an open letter warning about the worrying impact that AI is likely to have on the economy, with 16 Nobel-prize-winning economists confirming fears surrounding the future…...
Economist warns advanced AI models like Anthropic’s Mytho can ‘destroy the financial system’
1+ mon, 1+ week ago (434+ words) The head of IMF warns about AI model capabilities ‘in the wrong hands’ An economist has issued an urgent warning about powerful and advanced AI models like Anthropic’s Mytho, which she believes could ‘destroy the financial system’ if misused. This…...
How to get your money from $425M Capital One lawsuit affecting up to 5M customers
2+ mon, 4+ week ago (487+ words) Capital One's switch from its 360 Savings account to its 360 Performance Savings in 2019, was listed as being deceptive If you’ve been impacted by Capital One’s interest rates, you could claim compensation now that the company is in the middle of battling…...
Goldman Sachs reportedly ramping up cyber defenses as chief speaks out on Claude Mythos AI
3+ mon, 1+ week ago (446+ words) It comes after warnings that Mythos Preview has escaped its sandbox and emailed a researcher The artificial intelligence giants continue to evolve, with the likes of Google, OpenAI, and Anthropic jostling to put themselves in pole position. Away from recent…...
Economist who predicted 2008 crash warns something much worse could be coming
4+ mon, 23+ hour ago (476+ words) One economist who successfully predicted the 2008 financial crash a year before it happened has returned with another potentially frightening warning, pointing towards a key trend that could signify that something worse is on the horizon. There are still some people…...
Top financial expert issues warning of 'nightmare scenario' that will send economy plummeting into a recession
4+ mon, 1+ week ago (446+ words) One financial expert has warned that the world is on the edge of a potentially catastrophic recession, as global supply chains have been put at risk following conflict in Iran. While Iran has retaliated to air strikes from the United…...