Finance (2)

Bipartisan Task Force Tackles AI: From Deepfakes to China's Threat

The House of Representatives has launched a bipartisan Task Force on Artificial Intelligence to explore its societal implications and develop policy recommendations. The Task Force will consider various issues like deepfakes, algorithmic bias, labor impacts, data privacy, and existential risks. While members have diverse priorities, they share concerns about China's…

Interest Rates and AI Innovation

Key Takeaway The key takeaway is that interest rates may rise due to increased investment and innovation opportunities created by advancements in AI and other technologies, leading to higher economic productivity and growth. However, the trajectory of interest rates remains uncertain. OpenAI CEO Sam Altman questions what will happen to…