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News
A flawed system and one man's hubris cost Meta shareholders $17 billion
11+ hour, 35+ min ago (209+ words) Meta has agreed to pay up to $17.1 billion to settle claims by 47 states and thousands of families making the case that Facebook and Instagram were engineered to addict children. In 2020, faith-based investors brought a sex-trafficking survivor before Meta’s annual meeting,…...
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
11+ hour, 32+ min ago (801+ words) President Donald Trump has been very vocal about how much he thinks he deserves the Nobel Peace Prize. But so far, he has been shut out. Despite launching a war against Iran early this year, however, concerns about AI’s destructive…...
AI solves overtourism???s???concentration problem??? by helping people find hidden gems, says Klook cofounder Ethan Lin
2+ day, 26+ min ago (584+ words) Asia’s tourist destinations are overrun with visitors, testing the patience of residents in hotspots like Kyoto and Bali. Some governments are trying to limit the influx of visitors through measures like taxes or reduced visa stays. Ethan Lin, co-founder of…...
An ex-Anthropic researcher claims that AI could kill us all. But he fails to answer the most essential question: What are we supposed to do about it?
2+ day, 11+ hour ago (556+ words) “The people building AI earnestly believe that it could kill us all by the end of the decade,” Coxon said. “I spent the last three years doing pre-training research at both OpenAI and Anthropic. Neither company is acting responsibly. They…...
Anthropic's new research maps three wildly different futures for the AI economy
2+ day, 12+ hour ago (510+ words) Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Anthropic has three very different visions for the impact AI will have on the U.S. economy. In the third, AI outperforms humans at nearly every knowledge-work task, does almost…...
Shadow fleets emboldened by geopolitical chaos are threatening trade as we know it, authorities warn
2+ day, 13+ hour ago (507+ words) Earlier this year, fast-food executives began to use the term “two-tier economy” to describe the trend they were seeing of wealthier consumers splurging on burgers and fries while lower-income households pulled back. Last year, Amazon Web Services EMEA Managing Director…...
Why did this AI doomer moment break the internet when so many others didn't?
2+ day, 13+ hour ago (838+ words) Why did this AI doomer moment break the internet when so many others didn’t? Fortune Why did this AI doomer moment break the internet when so many others didn’t? Views of Coxon’s post exceeded 100 million within days. For comparison, Jan…...
OpenAI courts Wall Street with ChatGPT for financial services, developed with Morgan Stanley
2+ day, 14+ hour ago (459+ words) OpenAI unveiled a new version of ChatGPT geared toward big banks and other financial firms, powered by its new GPT-6 Astra model. The company’s rival Anthropic already offers a version of Claude for financial analysis, which it debuted in July…...
The Leadership Agenda: Navigating Complexity
2+ day, 15+ hour ago (234+ words) Barnes & Noble was once seen as another casualty of Amazon. Today, it’s expanded to over 700 stores nationwide. In this episode, Fortune’s Phil Wahba explores CEO James Daunt’s plan to save America’s biggest book chain by making it cool again. Hosted…...
This former Navy SEAL spent 5 years in private equity working 100-hour weeks before quitting and building a $9 billion startup
2+ day, 16+ hour ago (739+ words) At just 46 years old, Dino Mavrookas’ career already looks more expansive than most, spanning three distinct roles: Navy SEAL, private-equity investor, and now cofounder and CEO of $9.25 defense-tech startup Saronic—proof that your first career doesn’t have to be your…...