Author: arthursheikin@gmail.com
[ad_1] Facebook Tweet Email Link Las Vegas — Geoffrey Hinton, known as the “godfather of AI,” fears the technology he helped build could wipe out humanity — and “tech bros” are taking the wrong approach to stop it. Hinton, a Nobel Prize-winning computer scientist and a former Google executive, has warned in the past that there is a 10% to 20% chance that AI wipes out humans. On Tuesday, he expressed doubts about how tech companies are trying to ensure humans remain “dominant” over “submissive” AI systems. “That’s not going to work. They’re going to be much smarter than us.…
[ad_1] Facebook Tweet Email Link Washington — In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s top ranks, is a force to be reckoned with. Miran has been a key voice in support of Trump’s sweeping economic agenda, with the president praising him as “distinguished” and “unmatched.” But what it takes to get nominated to the Fed is different from what it takes to succeed at the central bank. Miran was nominated in place of Adriana Kugler, who resigned from the Fed with six months left in her term. That…
[ad_1] Facebook Tweet Email Link American families, weary of high grocery prices, are looking for ways to cut costs. The cost of food at home in July rose 2.2% from the year before, according to the Bureau of Labor Statistics. More than 80% of American adults cite the cost of groceries as a source of stress, more than any other financial obligation, reported the Associated Press-NORC Center for Public Affairs Research in a poll released last week. Meanwhile, prices for products like beef and coffee are soaring due to supply issues or the impact of tariffs. That means consumers are…
[ad_1] Facebook Tweet Email Link World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said Wednesday. Supply will rise by 2.5 million barrels per day in 2025, up from 2.1 million bpd previously forecast, said the IEA, which advises industrialized countries, in a monthly report, and by a further 1.9 million bpd next year. OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries, Russia and other allies decided to unwind its most…
[ad_1] Facebook Tweet Email Link New York — Amazon is rolling out same-day delivery of fresh food to more than 1,000 cities, a sign that it’s finally finding success with its grocery business after years of shifting strategies. In a move that Amazon describes in a press release as one of its “most significant grocery expansions,” customers can now order perishable food items, including dairy, meat and seafood, alongside their typical Amazon orders and get them on the same day. Amazon has rolled out – and rolled back – many different grocery options, with various degrees of success. It has…
[ad_1] Facebook Tweet Email Link Fake Labubu dolls that could pose a choking hazard for young children have flooded the UK market, a consumer standards body has warned. Legitimate Labubu toys, created by Hong Kong artist Kasing Lung and sold by Chinese toymaker Pop Mart, have become a viral and profitable sensation around the world. The palm-sized plushie, which has a bunny body, elf-like face and sharp teeth, is so popular that genuine versions are becoming increasingly difficult to come by. In May, Pop Mart announced that it was temporarily suspending all in-store sales of the collectible across the UK…
NY attorney general sues Zelle parent company, alleging the payment service enabled widespread fraud
[ad_1] Retail consumer Investing Federal agencies Corporate news See all topics Facebook Tweet Email Link New York Attorney General Letitia James on Wednesday sued Early Warning Services (EWS), which operates Zelle, alleging the electronic money-transfer service fails to protect its users from “massive amounts of fraud.” The lawsuit alleges that EWS knew that key features of Zelle’s service made it susceptible to fraud, but it still failed to implement safety measures and allowed scammers to steal over $1 billion. EWS is owned by a consortium of large US banks, including JPMorgan Chase, Bank of America, Capital One and Wells Fargo.…
[ad_1] Facebook Tweet Email Link New York — YouTube will begin guessing users’ ages using artificial intelligence on Wednesday, as part of an effort to prevent kids from accessing inappropriate content online. It’s part of a broader push to make social media safer for young people, but some users are already worried about what it will mean for their privacy and experience on the platform. The technology is designed to determine whether a viewer is an adult or a minor based on their activity on the platform — regardless of the birthdate they submitted when they signed up. The tool…
[ad_1] Facebook Tweet Email Link Ottawa — Air Canada is preparing to lock out its flight attendants who voted to go on strike this weekend. Travel disruptions could start Thursday and could continue until a deal is reached. The airline said it would suspend operations on Saturday and could remain shut down till a deal is reached. The union, represented nationally by the Canadian Union of Public Employees, gave a strike notice according to the airline, which triggered a 72-hour lockout notice by Air Canada effective Aug. 16. Nearly all members, 99.7% of the membership voted to strike, the union…
[ad_1] Facebook Tweet Email Link The United States and China have settled into a steady state of pragmatic, if uneasy, détente. Tariffs sit at unprecedented, but not economically debilitating levels. Three rounds of bilateral talks have steadily developed and expanded, with a fourth expected this fall. President Donald Trump and Chinese leader Xi Jinping are circling an in person meeting before the end of the year. “I don’t think anyone wants to see those tariffs snap back to 84%,” US Trade Representative Jamieson Greer said ahead of Trump’s decision to sign off on a 90-day extension of the trade truce…