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[ad_1] Ross Gerber says young people’s complaints are overblown, investing like Warren Buffett means he sleeps well at night, and keeping his kids grounded is a constant challenge.Many Gen Zers are stressing about high living costs, AI-fueled layoffs, and other obstacles to their life goals. Gerber told Business Insider that every generation faces challenges, which in his case included lofty housing costs, hefty mortgage rates, and high unemployment.The CEO and cofounder of Gerber Kawasaki Wealth and Investment Management said it’s an “abundant and opportune time” for young people to flourish, as it’s easier to start a business and break into…

[ad_1] To nab the jaw-dropping pay package that could make Elon Musk the first trillionaire, the Tesla CEO first has to find his successor — eventually, anyway.Succession planning is rarely easy and often gets harder when it involves replacing a high-profile exec. Whoever eventually steps in to replace Musk will have a big job to do, leadership experts told Business Insider.While Tesla’s regulatory filing said that its Nominating and Corporate Governance Committee periodically reviews CEO succession planning, this is the first time Tesla’s Board has included this requirement in Musk’s pay package.”As a matter of best practice, and to ensure the…

[ad_1] OpenAI is reorganizing its Model Behavior team, a small but influential group of researchers who shape how the company’s AI models interact with people, TechCrunch has learned. In an August memo to staff seen by TechCrunch, OpenAI’s chief research officer Mark Chen said the Model Behavior team — which consists of roughly 14 researchers — would be joining the Post Training team, a larger research group responsible for improving the company’s AI models after their initial pre-training. As part of the changes, the Model Behavior team will now report to OpenAI’s Post Training lead Max Schwarzer. An OpenAI spokesperson…

[ad_1] Callie Rogers was just 16 when she won £1.9 million (about $3 million) in the UK’s lottery in 2003, and she was too young to know how to manage her money or where it would lead her, according to Gawker.After briefly vowing to manage her winnings responsibly, Rogers made quick work of her fortune. She reportedly spent millions on vacations, clothing, cars, breast implants, and (according to British tabloid The Sun) more than $300,000 on cocaine.She also reportedly spent more than a quarter of a million dollars on a bungalow and a house for her mother.Rogers eventually became a…

[ad_1] There are some hard lessons to take from Tesla’s stunning new $1 trillion pay plan for Elon Musk.I’m not here to judge whether this compensation proposal is good or bad, or too high or too low. Tesla shareholders will decide that in November.As a journalist, my job is to report what happens and try to explain why, clearly and fairly.My conclusion is that it would probably have been better not to have meddled with Musk’s previous pay package from 2018.At the time, that original compensation plan was designed to pay Musk as much as $56 billion, but only if…

[ad_1] OpenAI researchers claim they’ve cracked one of the biggest obstacles to large language model performance — hallucinations.Hallucinations occur when a large language model generates inaccurate information that it presents as fact. They plague the most popular LLMs, from OpenAI’s GPT-5 to Anthropic’s Claude. OpenAI’s baseline finding, which it made public in a paper released on Thursday, is that large language models hallucinate because the methods they’re trained under reward guessing more than admitting uncertainty.In other words, LLMs are being told to fake it till they make it. Some are better than others, however. In a blog post last month, OpenAI said…

[ad_1] Around half a million writers will be eligible for a payday of at least $3,000, thanks to a historic $1.5 billion settlement in a class action lawsuit that a group of authors brought against Anthropic. This landmark settlement marks the largest payout in the history of U.S. copyright law, but this isn’t a victory for authors — it’s yet another win for tech companies. Tech giants are racing to amass as much written material as possible to train their LLMs, which power groundbreaking AI chat products like ChatGPT and Claude — the same products that are endangering the creative…

[ad_1] Anthropic agreed to pay over $1.5 billion to settle a class-action lawsuit brought by authors who allege the company illegally used their books to train its artificial intelligence models, according to a Friday court filing.The proposed class-action settlement, if approved by a federal judge, would be “the largest publicly reported copyright recovery in history,” according to lawyers from Anthropic and the authors.It also sets a new standard for AI companies compensating artists, authors, and other copyright holders for training large language models on their work, according to Justin Nelson, an attorney at Susman Godfrey representing the artists.”This landmark settlement…

[ad_1] 2025-09-05T19:49:17Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Dilip Kumar, VP of AWS Applications, is stepping down from his role this month. Kumar led AWS’s Quick Suite AI project, and previously launched the Just Walk Out store technology. This is Amazon’s latest AI leadership change. The leader of a key Amazon AI project is stepping down.Dilip…

[ad_1] Dot, an AI companion app that aimed to be a friend and confidante, is shutting down, the company announced on Friday. On a message published on its website, the startup behind Dot, New Computer, said that the product will remain operational until October 5, giving users time to download their data. Launched in 2024 by co-founders Sam Whitmore and former Apple designer Jason Yuan, Dot waded into what’s now become a more controversial area for AI chatbots. The app they created was described as an AI “friend and companion,” which would become more personalized to you and your interests…