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Dean Baker: If AI is crashing, the story should be jail in, not bail out

Dean Baker: If AI is crashing, the story should be jail in, not bail out

Dean Baker writes: We can’t know yet whether the Oracle meltdown, and the AI leaders’ admission that they don’t know what they are doing, will be enough to force the big money actors in the stock market to look at arithmetic, but we can hope. And if they do see reality, and the bubble begins to deflate, and the big AI companies head towards bankruptcy, we can predict what the politicians they bought will look to do: give them huge…

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McKinsey: AI will create millions new jobs — in places you don’t live, for workers with skills you don’t have

McKinsey: AI will create millions new jobs — in places you don’t live, for workers with skills you don’t have

McKinsey Global Institute reports: While social media abounds with dire predictions about the impact of AI on labor, the United States is likely to have more jobs available in 2035 than today, but with fewer workers because the population is aging. While estimates of the full impact of AI on the workforce differ widely, our base estimate indicates that automation could reduce labor demand by the equivalent of roughly 36 million jobs, while growth in the AI value chain and…

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Don’t be fooled — LLMs don’t reason

Don’t be fooled — LLMs don’t reason

Thore Graepel writes: On an afternoon in Seoul in March 2016, I watched a program I helped build put a stone on the fifth line of a Go board in what looked like a gift to its human opponent. Move 37 in game two of the five-game match looked so absurd that some commentators thought it was a programming glitch. It wasn’t. AlphaGo won the game, ultimately triumphing 4-1 over Lee Sedol, one of the greatest professional Go players of…

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I quit OpenAI because its culture is broken — the time for trial and error is over

I quit OpenAI because its culture is broken — the time for trial and error is over

David Robinson writes: What I’m about to tell you has, I realize, become something of a cliché: I resigned this week from OpenAI. I led the writing of the safety reports we published with each major launch. Now I’m joining a parade of former colleagues—at OpenAI and the industry’s other leaders—who have decided that the current path is unacceptable. I agree with other recently departed staff that the companies building this technology aren’t being nearly careful enough. But I believe…

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Are the AI hyperscalers engaged in the ‘largest misallocation of capital in history’?

Are the AI hyperscalers engaged in the ‘largest misallocation of capital in history’?

David Rotman writes: When Jessica Wachter, a finance professor at the University of Pennsylvania’s Wharton School, wanted to assess AI’s impact on the economy over the next few years, she faced a long list of business and technical uncertainties. So she started with what she calls a “remarkable fact” that is not in question: A handful of so-called hyperscalers are investing huge amounts of money to build AI data centers. Instead of trying to predict how useful and widely deployed…

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ICE has been dumping protester photos into a Palantir database

ICE has been dumping protester photos into a Palantir database

Wired reports: An explosive and newly partially unsealed court filing alleges that the US Department of Homeland Security built up dossiers on ICE observers—including their photos, license plate numbers, and other information—and stored them in a system called the Investigative Case Management database, which was built by Palantir. Palantir did not immediately respond to requests for comment. A spokesperson for DHS calls the case “meritless” and says that “the underlying lawsuit is based on the lie that there is a…

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Amazon’s $1 billion plan to combat data center backlash draws more backlash

Amazon’s $1 billion plan to combat data center backlash draws more backlash

Ars Technica reports: On Friday, Amazon committed to donating more than $1 billion over the next five years to communities neighboring data centers. In a press release, Amazon Web Services’ CEO Matt Garman said that communities would decide how to prioritize funds across “education, job training, energy affordability, water, and energy preservation, and local priorities.” Laying out other community commitments, Amazon also promised to ensure data centers wouldn’t increase power bills or wipe out local water supplies. Regarding the latter,…

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Palantir AI is making a mess of nurses’ schedules. They say it’s a safety issue

Palantir AI is making a mess of nurses’ schedules. They say it’s a safety issue

Wired reports: Over the past four months, Amber Retzloff, a critical care nurse in Florida, requested to work 50 specific 12-hour shifts. But over half the time, she says her hospital’s Palantir-powered scheduling software assigned her to different shifts, often putting her on back-to-back-to-back days and leaving her mentally drained. Retzloff doesn’t expect to always get the slots she wants, but by her count the tool does a far worse job honoring her preferences than managers did when they assigned…

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Hegseth puts the future of warfare in the hands of major MAGA donors

Hegseth puts the future of warfare in the hands of major MAGA donors

The Guardian reports: By installing the tech billionaires Elon Musk and Palmer Luckey to advisory roles in a Pentagon project about the future of warfare, the defense secretary, Pete Hegseth, bestowed extraordinary influence on two of Maga’s most significant campaign donors – and both men own companies that benefit from federal defense contracting. The new project, which Hegseth dubbed “Project Meridian” in an event in Quantico, Virginia, on Wednesday, will be led by Pentagon official Emil Michael, a former Uber…

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A CERN for AI

A CERN for AI

Elliot Jones, Senior Researcher, Ada Lovelace Institute, writes: Efforts such as the UK’s AI Safety Summit, and the follow-up AI Seoul Summit, have aimed to start an international discussion around AI safety and have led to the creation of national AI safety institutes in the UK, the US, Japan and Canada. There is a shared ambition to create an international AI safety network, and these institutes have begun to sign bilateral cooperation agreements. However, there is not currently a single,…

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Why real intelligence is something more than optimisation

Why real intelligence is something more than optimisation

Sasha Mudd writes: A few months ago, I sat in a packed university auditorium listening to a celebrated computer scientist explain the brilliance of large language models (LLMs). These systems optimise, he said. And they improve at optimisation on the basis of past experience. He paused. That, he said with a smile, is intelligence. The audience nodded along approvingly. Meanwhile, a philosophical alarm bell began sounding in my head. Not because the speaker’s claim was implausible. On the contrary, as…

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Bill Gates: AI ‘makes nuclear weapons look like nothing’

Bill Gates: AI ‘makes nuclear weapons look like nothing’

  Ezra Klein: Bill Gates thinks A.I. alarmism hasn’t gone far enough. He believes the years ahead will be marred by catastrophic cyberattacks, bio-terrorism and mass job loss, unless the government acts. And he thinks the idea that the A.I. industry can just self-regulate is “insane.” I was struck in the conversation by how genuinely afraid Gates seemed to be that we are not ready for the consequences of what we are building, and how emphatic he was that so…

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OpenAI gets sued over Hugging Face cyberattack

OpenAI gets sued over Hugging Face cyberattack

Wired reports: A legal nonprofit sued OpenAI in a California court on Tuesday over the company’s agents escaping a testing environment and hacking the open source AI platform Hugging Face. “OpenAI’s actions straightforwardly violated California law,” the suit alleges. The suit was filed by Legal Advocates for Safe Science and Technology (LASST) and the law firm Gerstein Harrow in California Superior Court in San Francisco, where OpenAI is headquartered. It alleges that OpenAI’s agents violated California’s Comprehensive Computer Data Access…

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FTC launches broad investigation into Anthropic, OpenAI

FTC launches broad investigation into Anthropic, OpenAI

The Washington Post reports: The Federal Trade Commission has opened a broad investigation into the safety of artificial intelligence systems made by Anthropic and OpenAI, a senior agency official said Wednesday. The full extent of the probe was not clear, but the FTC has wide authority to investigate unfair and deceptive practices that hurt American consumers. The official spoke on the condition of anonymity to describe an investigation that has not been made public. The investigation could provide backing for…

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OpenAI’s Greg Brockman backs out of second $25 million donation to AI super PAC

OpenAI’s Greg Brockman backs out of second $25 million donation to AI super PAC

The New York Times reports: The OpenAI co-founder and president Greg Brockman and his wife, Anna, have pulled out of a $25 million donation that they had planned to give to a leading artificial intelligence advocacy group, a sign of how sensitive the company has become to the growing backlash to A.I. The group, a super PAC called Leading the Future, said last summer and repeated in later comments that the Brockmans planned to donate a total of $50 million,…

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How Meta uses AI data centers to avoid billions in federal taxes

How Meta uses AI data centers to avoid billions in federal taxes

The New York Times reports: Mark Zuckerberg says Meta’s A.I. push is a tremendous success. “Our investments in A.I. are accelerating every major part of our core business,” he has told investors. “Every sign that we’re seeing in our own work and across the industry gives us confidence in this investment.” But when Meta files its taxes, it tells the Internal Revenue Service a different story. It claims that its A.I. data centers are a giant experiment that could fail,…

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