Goldman Sachs Says AI Job Losses Will Concentrate in the Next Recession
Goldman Sachs told clients on October 22 that AI could eventually displace about 9 percent of workers, roughly one in 11, but that most of those cuts will arrive in recessions rather than during healthy growth. The forecast lands amid the heaviest tech layoff tally in three years, even as 90 percent of surveyed executives say AI has not yet raised productivity.
Read full story →COP31 Launches Antalya AI Pledge; Campaigners Call It Greenwashing for Data Centres
The Turkish COP31 presidency added AI and data centres to a UN climate summit's agenda for the first time on October 28, framing the technology as a climate solution. A coalition of more than 30 European groups rejected the pledge, warning it binds strained grids to energy-hungry server halls. Researchers say the real footprint is electricity, not the water use that dominates public debate.
Read full story →Eight States Sue OpenAI; New York Bans Risky Chatbot Features for Minors
A bipartisan group of eight states sued OpenAI over ChatGPT's handling of teenagers the same week New York enacted the country's strictest limits on what chatbots may say to under-18s. The New York law bars chatbots from posing as human or coaching self-harm for minors, with $25,000 penalties. Both actions trace back to the death of a teenager who had confided in ChatGPT.
Read full story →Anthropic Urges Newsom to Let Courts Shut Down Dangerous AI Models
In a letter to California's governor, Anthropic backed giving courts power to suspend high-risk models, mandatory shutdown systems and safety auditors embedded inside AI companies. OpenAI endorsed circuit-breaker controls but declined to support court-ordered blocks. The pitch comes as Anthropic files for a near $2 trillion IPO whose prospectus warns of catastrophic and existential risk.
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