What hitting the brakes on AI could mean for the U.S.economy.
The Supreme Court blocks Trump’s plan to restrict mail-in voting weeks before the midterms.And Apple TV’s “Widow’s Bay” wins big at the Emmys.
Here’s what to know today.What hitting the brakes on AI could mean for the U.S.economyAdd to GoogleTrump calls concerns over A.I.
destroying humanity a 'hoax'02:18Calls to put some brakes on AI development are raising questions about whether a tech slowdown could rein in the momentum that has been powering U.S.economic growth.
This is Morning Rundown, a weekday newsletter to start your day.Sign up here to get it in your inbox.The topic of AI safety spilled into broader view last week with the resignation of multiple engineers at leading companies.
Anthropic CEO Dario Amodei set off a wave of calls among other AI executives to “pace the frontier” — though what exactly that means isn’t entirely clear.But President Donald Trump flat-out rejected the idea of placing guardrails on the technology, saying yesterday on Truth Social that the safety concerns are a “hoax” and that “the only one happy about it is China.” He reiterated his stance when he called Nvidia CEO Jensen Huang yesterday and was put on speakerphone during a company all-hands meeting.AI-related investments, broadly defined, have been responsible for nearly half of growth over the past year, one economist said.
And analysts with Goldman Sachs have attributed about 50% of recent earnings growth in the S&P 500 to AI.Credit ratings agency Fitch said in an analysis that the economy would go into a recession if an AI-related sell-off were to cause stock prices to fall by 35% over six months.
The U.S.economy’s reliance on AI may help explain in part why Trump so strongly opposes the discussion.
Read the full story here.Supreme Court says Trump can’t enforce mail-in ballot ruleAdd to GoogleSupreme Court denies Trump’s mail-in voting restrictions02:19The Supreme Court...