Anthropic chief: AI will ‘test who we are as a species’ AI The co-founder of the £350bn AI giant Anthropic has warned that “humanity is about to be handed almost unimaginable power” as the technology advances and warned that “it is deeply unclear whether our social, political, and technological systems possess the maturity to wield it.” In a 20,000 word essay, Dario Amodei, warned that the development [...]
UK Treasury questions OpenAI, Microsoft, Meta over AI in financial services Tech The Treasury Committee has sent letters to six major technology firms, including OpenAI, Microsoft, Meta, and Amazon, seeking detailed information about the role they play in providing AI services to the UK financial sector. The correspondence is part of the Committee’s inquiry into AI in financial services, ahead of forthcoming sessions with regulators and HM [...]
What happens when Reddit runs the global financial system? Opinion 40 per cent of AI answers are derived from Reddit – that could mean crypto Reddit bros potentially influencing how our most trusted financial institutions, says Lewis Liu I had the honor of spending most of last week at the BIS Innovation Summit in Basel, debating AI policy for the global financial system with central [...]