AI boosters out of touch

Calls by President Donald Trump and others to press forward with AI clash with voter sentiment  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Top Stories California cracks down: Governor Gavin Newsom created a working group to come up with ways to keep artificial intelligence safe. He wants a kill switch. EU probes Amazon: The e-commerce giant is being investigated by European regulators for potentially imposing unfair restrictions on firms selling on its platform. It’s all about prices. Anthropic finds testers: The Al company said it would “partner” with Accenture to review and assess the safety of its new models. Accenture evaluators will embed in Anthropic. Must Reads Mbappé Signs Up for On’s Push Into Football in Blow to Nike On Holding AG has signed French superstar Kylian Mbappé to lead its push into football, mounting a bold challenge to Nike Inc. and Adidas AG’s dominance of the sport. Software Stocks Get New Life From Strong Earnings, AI Warnings Software stocks were basically left for dead earlier this year as investors bet that the business was doomed by the emergence of artificial intelligence. But it turns out that imminent demise was greatly exaggerated. Nvidia-Backed Data Center Firm Nscale Files Publicly for IPO Nscale, a developer of artificial intelligence data centers that counts Nvidia Corp. and Microsoft Corp. among its partners, filed for an initial public offering in New York to fund the equipment satisfying AI’s insatiable demand for computing power. Market Snapshot Amazon.com Inc $253.71 +1.0% NVIDIA Corp $222.27 +1.3% Delta Electronics Inc NT$1,875 +8.1% Market data as of 05:09 AM ET. Data is subject to provider delays. Your watchlist Beyond The Brief US President Donald Trump has led the support for quickening the pace of artificial intelligence development even as fears have been raised about the dangers to society from the technology potentially slipping from human control, Austin Carr reports in today’s Tech In Depth. While Trump and tech leaders have pushed the benefits of AI, their rhetoric has fallen flat with American voters. Residents across the country are protesting construction of new data centers and polls show a majority of US adults surveyed expect AI to lead to fewer jobs in the next 20 years, Carr writes. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world. This Week In Game On Shortly after leaving CD Projekt in the fall of 2021, the video-game designer Konrad Tomaszkiewicz began talking to the writer Jakub Szamalek about creating something new, Jason Schreier reports in this week’s Game On. Those discussions led to their debut roleplaying game, The Blood of Dawnwalker, in which time is a resource, Schreier writes. Sign up for the Game On newsletter to go deep inside the video game business with reporting and analysis from Jason Schreier. Before You Go... Paramount Settlement Talks Include Promise to Stay in California The settlement talks between Paramount Skydance Corp. and California officials over the lawsuit challenging the Warner Bros. Discovery Inc. acquisition have included a promise by the company to stay in the state. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |