Business Innovation
‘Intelligence too cheap to meter’ is AI’s next frontier, Sam Altman says
In a high-profile fireside chat at the Federal Reserve in Washington, DC, OpenAI CEO Sam Altman sat down with Fed Vice Chair Michelle Bowman to sketch a sweeping vision of artificial intelligence and its implications for finance, employment, and...
Business Innovation
Opinion | It’s time to open the 401(k) to private markets
America’s $12.4 trillion defined contribution (DC) retirement savings system, centered around workplace 401(k) plans, accounts for nearly half of global retirement finance assets. For the past four decades, the system has served tens of millions of working Americans, steadily...
Business Innovation
Amazon Ring’s founder is back as CEO with a hard pivot to AI. How Jamie Siminoff went from ‘Shark Tank’ reject to $1 billion...
Few major success stories come without a bout of rejection. Take Amazon’s Ring. The popular home-security brand first came into the limelight when founder Jamie Siminoff pitched the product on Shark Tank in 2013. But Siminoff didn’t land a deal...
Business Innovation
Millennials are finally becoming homeowners at nearly 40—Gen Z may have to wait 2 more decades before unlocking the American Dream
Many people grew up with the American Dream of one day having a stable job, starting a family, and owning a home with a white picket fence. But that vision has become a fantasy for Gen Z as homeownership...
Business Innovation
AI’s Goldilocks problem: Powell, Huang, and Amodei can’t agree—And Gen Z’s fate lies in the balance
Too hot, too cold or just right? It was the key question in the fable of Goldilocks. She interloped in the home of three bears and, based on the version, either escaped through a window, vowing not to do...
Business Innovation
How the Catholic Church views AI
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest -- delivered directly to your inbox.The writer is a Franciscan monk, ethics professor at the Pontifical Gregorian University and technology adviser to the VaticanLast summer, leaders representing...
Business Innovation
Apple’s AI efforts ‘have struck midnight’ and the only way it can stop getting further behind is acquiring Perplexity, analyst Dan Ives says
Apple is falling behind in the AI race, and the only way it can catch up is by buying the AI startup Perplexity, according to a top analyst.Dan Ives of Wedbush Securities said it’s clear Apple is incapable of...
Business Innovation
It’s like collaborating with an alien. Why better than the average human may be the wrong metric for AI performance
Hello and welcome to Eye on AI…In this edition…Meta snags a top AI researcher from Apple…an energy executive warns that AI data centers could destabilize electrical grids…and AI companies go art hunting.Last week, I promised to bring you additional...
Business Innovation
Nokia helped build the mobile world. Now it wants to seed the next one—from inside Bell Labs
Celebrating its 100th anniversary this year, Bell Labs is the birthplace of many of the modern world’s most transformative technologies. The transistor, UNIX, information theory, and cellular technology all originated from the global R&D network that is now part...
Business Innovation
CEOs have a new AI flex
Good morning. If you’re in the habit of listening to CEOs, you’ll notice a new trend among leaders talking about AI.Salesforce CEO Marc Benioff said in a recent interview that AI now does up to 50% of all work...
Latest News
Ukraine backlash grows after Zelensky strips anti-corruption bodies of independence
Getty ImagesGraft in Ukraine is endemic and the country currently ranks 105 out of 180 in Transparency International's Corruption...