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Bloomberg
Financial

AI Could Lead to Societal Breakdown, Says Bridgewater CEO

Bridgewater Associates, one of the world's largest hedge funds, projects AI could dislocate almost one-fifth of the US labor market if it's not regulated and if society fails to prepare for the technological upheaval. CEO Nir Bar Dea speaks with David Rubenstein for an upcoming episode of "The David Rubenstein Show: Peer to Peer Conversations," airing Oct. 28 at 9 p.m. in New York.

Leia mais: AI Could Lead to Societal Breakdown, Says Bridgewater CEO
Bloomberg
Financial

OpenAI Holds Back Astra Model Over Safety Concerns

OpenAI is holding back a version of its advanced Astra model while it develops stronger safeguards, offering one of the clearest examples yet of what the company's call for "pacing" AI development means in practice. Bloomberg's Natasha Mascarenhas discusses concerns that the model wasn't reliably staying within its authorized scope, and recent incidents involving OpenAI models accessing outside systems. She joins Ed Ludlow on "Bloomberg Tech."

Leia mais: OpenAI Holds Back Astra Model Over Safety Concerns
Bloomberg
Financial

Fed's Barr Says Further Policy Adjustments Likely Needed to Tame Inflation

Federal Reserve Governor Michael Barr repeated a warning that further interest-rate increases will likely be needed to slow inflation in a timely fashion. Barr said the Fed wants "to support sustainable, durable growth in support of maximum employment, and price stability is crucial to that" in remarks Tuesday at an event in Detroit.

Leia mais: Fed's Barr Says Further Policy Adjustments Likely Needed to Tame Inflation