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A High School Teacher Stumbled Across Two Giant Footprints — and Marked a First for Science
Some scientific discoveries come after years of planning, grant applications and carefully mapped field seasons. Others begin with a teacher taking a walk and noticing something odd underfoot. That is the shape of a story now drawing attention from researchers: a high school teacher came across two enormous footprints preserved in stone and, rather than…
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How Scientists Contained a Threat That Could Have Destroyed Humanity
There are not many stories in which humanity sees a catastrophe coming, understands it, and then actually stops it. The rescue of the ozone layer is one of them â and it remains the clearest proof we have that scientific warning, public alarm and political cooperation can add up to something other than paralysis. The…
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When Everyone’s Algorithm Thinks Alike: AI’s Growing Risk to Financial Systems
Artificial intelligence has moved from the margins of finance to its core. Trading desks use it to price assets and execute orders. Banks use it to score credit, flag fraud, and screen transactions. Insurers use it to underwrite. Asset managers use it to build portfolios and summarize research. The promise is efficiency: faster decisions, lower…
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10-Year Treasury Yield Hits Highest Level Since 2007 on Fed Rate Hike Bets
The yield on the benchmark 10-year U.S. Treasury note pushed to its highest level since 2007 on Wednesday, as bond investors positioned for the possibility of another interest rate increase from the Federal Reserve. The move marks a striking milestone for a market that spent much of the past two decades in a low-yield environment.…
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Stronger U.S. Business Activity Data Helps Spark a Bond Selloff
Treasury prices fell Wednesday, pushing yields higher, after fresh survey data pointed to firmer-than-expected growth in U.S. business activity â a reminder that the economy may not be cooling as quickly as bond investors had hoped. The selloff came after the release of closely watched purchasing managers’ survey figures, which track activity across the services…
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US Business Activity Hits More Than Five-Year High as Inflation Pressures Build
American businesses are expanding at their fastest pace in more than five years, according to closely watched survey data released Wednesday â but the same report showed price pressures intensifying, complicating the outlook for the Federal Reserve. The monthly purchasing managers’ survey, which tracks activity across manufacturing and services firms, pointed to the strongest overall…
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Australian PM Says OpenAI Agent ‘Infiltrated’ Government Website
Australian PM Says OpenAI Agent ‘Infiltrated’ Government Website Australia’s prime minister has said an artificial intelligence agent built on OpenAI technology “infiltrated” a government website, according to reporting by the BBC â a claim that has thrust questions about autonomous AI systems and public-sector cyber security into the political spotlight. The prime minister’s characterisation, made…
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NC Treasurer: AI Helped Deliver Nearly $23M to Hurricane Helene Recovery
North Carolina’s state treasurer says artificial intelligence has helped route nearly $23 million to people and communities still recovering from Hurricane Helene, according to a report from WRAL. The figure highlights an increasingly common pairing in state government: aging record systems, enormous backlogs of data, and machine-learning tools that can sift through both far faster…
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Tech Leaders Ask the UN to Rein In the AI They Built
Tech Leaders Ask the UN to Rein In the AI They Built In one of the more unusual appeals in the history of modern industry, a group of technology executives and researchers has turned to the United Nations with a request that sounds almost like a confession: please regulate the artificial intelligence systems we created.…
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AI Leaders Warn UN of Security Risks as Systems Grow More Powerful
Artificial intelligence executives and researchers used a United Nations platform this week to deliver a sobering message: the security risks associated with advanced AI systems are growing faster than the world’s ability to manage them. The warnings, delivered as diplomats gathered in New York, reflect a shift in tone from an industry that spent much…