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The head of the artificial intelligence company that makes ChatGPT told Congress earlier this week that government intervention will be critical to mitigating the risks of increasingly powerful AI systems. "As this technology advances, we understand that people are anxious about how it could change the way we live. We are too," OpenAI CEO Sam [...]
NEW YORK (AP) — Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things. Car sales also rose despite prices that continue to soar, according to the Commerce Department report issued earlier this week, but consumers are [...]
ANN ARBOR, Mich. (AP) — With new and used cars still painfully expensive, Ryan Holdsworth says he plans to keep his 9-year-old Chevy Cruze for at least four more years. Limiting his car payments and his overall debt is a bigger priority for him than having a new vehicle. A 35-year-old grocery store worker from [...]
“If you have a passion for it, then go for it.” Those were the words North High Brewing Co. co-founder Gavin Meyers said recently to an entrepreneur just starting down the path to launching a business similar to his. Meyers, who jokes that his life is like a country song, should know. In the past [...]
WASHINGTON (AP) — The formal end of the national public health emergency last week was largely a symbolic and psychological step, representing the country's formal emergence from the COVID-19 pandemic. Behind the scenes, however, several core aspects of America's pandemic-era emergency safety net also came to a close, from extra food assistance to automatic re-enrollment [...]
WASHINGTON (AP) — Consumer prices rose again in April and measures of underlying inflation stayed high, signs that further declines in inflation are likely to be slow and bumpy. Prices increased 0.4 percent from March to April, the federal government said earlier this week, up from a 0.1 percent rise from February to March. Compared [...]
PORTLAND, Maine (AP) — Postal carriers have more worries than snow, rain or the gloom of night keeping them from their appointed rounds. They're increasingly being robbed, often at gunpoint, from Maine to California. Robberies of postal carriers have exploded, surging 78 percent to nearly 500 in 2022, according to data provided by U.S. Postal [...]
WASHINGTON (AP) — For President Joe Biden, economic news last week has raised hopes that the nation’s economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears. Most adults have downbeat feelings about Biden's economic leadership, as high inflation has overshadowed a strong jobs market. It's long been economic orthodoxy that [...]
NEW YORK (AP) — Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon last week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares sold off on Wall Street last week following the government seizure [...]
CAMBRIDGE, Mass. (AP) — Computer scientists who helped build the foundations of today's artificial intelligence technology are warning of its dangers, but that doesn't mean they agree on what those dangers are or how to prevent them. Humanity's survival is threatened when "smart things can outsmart us," so-called Godfather of AI Geoffrey Hinton said at [...]