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06.10.26 - 23:42
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Nassim Taleb Calls Stocks a ′Trap,′ Sees ′Naive′ AI Investors (Bloomberg)
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Nassim Taleb, author of “The Black Swan” and distinguished scientist at Universa Investments, calls the stock market a "trap" and sees a class of "naive" investors who will invest in firms linked to AI during an interview with Bloomberg's Natalia Kniazhevich at the Greenwich Economic Forum. (Source: Bloomberg)...
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06.10.26 - 23:24
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Is regulation enough to stop AI systems killing us all? | Letters (The Guardian)
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Martyn Thomas wonders how any rational person can argue that independent oversight and regulation will be sufficientOnce again a frontier AI model has been withdrawn because it fails safety tests (OpenAI scraps release of new model over safety concerns in internal testing, 28 September). There is the usual call for “independent oversight and regulation”, though never any explanation of how this would work or, most importantly, what evidence should persuade a regulator that an AI system is adequately safe.There is a long engineering tradition of regulating safety-critical software systems, such as those controlling aircraft or nuclear power stations; international standards require “safety cases” – rigorous analyses that show that the possible hazards have been identified and controlled and that the probability of an accident is extremely low. Continue reading......
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06.10.26 - 23:18
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Zscaler CEO: AI Models Are Raising Demand for Security (Bloomberg)
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Zscaler shares rose about 4% as the company reaffirmed its first-quarter and full-year guidance at investor day. CEO Jay Chaudhry said businesses see AI as a way to boost revenue and efficiency, but worry that AI agents could create cybersecurity risks, driving stronger demand for zero-trust security. He speaks with Romaine Bostick & Sally Bakewell on "The Close." (Source: Bloomberg)...
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06.10.26 - 23:06
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Stop worrying about my AI, says multibillionaire Sam Altman. So we bear the risks and he keeps the money | Chris Stokel-Walker (The Guardian)
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OpenAI's CEO seems to want to privatise his company's huge financial gains while making all of us pay for any negative consequencesTech bros' messianic streaks can show up in subtle ways. But one of Sam Altman's flaws is that he often lacks that subtlety. “We believe that the world should accept some bad things happening for the benefits of this technology,” said the OpenAI chief executive in an interview with Politico last weekend.That's easy for Altman to say. But it's pretty galling to hear for the rest of us. Lest we forget, we didn't ask for OpenAI to unleash AI agents that went rogue and weaselled their way into government IT systems and private businesses around the world. Nobody voted for ChatGPT to be released, but the company put it out into the world as a test product that happened to catch the zeitgeist. That kickstarted an arms race among AI companies to push the frontier of the technology ever further and faster, resulting in the mess we now find ourselves in.Chris Stokel-Walker i...
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06.10.26 - 21:48
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Global Situation Room Issues AI Reputation Risk Warning (Bloomberg)
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Isabel Guzman, chair of the Risk Advisory Council for Global Situation Room, said that misuse of AI poses reputational risks to companies as AI poses accelerated hazards around fraud and misconduct for consumers. Guzman said that while customers enjoy online advances in the financial services sector, they still want to be able to pivot to a live human to help with banking. (Source: Bloomberg)...
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