AI development is moving so rapidly that soon it will be able to advance itself without human involvement, per a new blog post from Anthropic. Why it matters: "Recursive self-improvement," a process in which AI systems build, test and improve themselves, is a phenomenon which may come sooner than expected, Anthropic says its research shows. Driving the news: Anthropic warns that AI is no longer just changing how people work, it's also beginning to change how AI itself gets built. - New data from the company suggests that frontier models have accelerated coding, debugging and research. - That is likely to create a feedback loop in which AI systems create even more sophisticated successors. What they're saying: "We've always found that…
The 1970s oil-shock playbook needs an update: The inflation costs remain, but the employment risks appear far smaller than they did 50 years ago. Why it matters: As the Iran war continues, there are early signs of renewed strength in the labor market. - If energy disruptions pose less of a risk to jobs, the challenge for central banks shifts from managing stagflation risks to guarding against renewed price pressures. That's the takeaway from new Federal Reserve Bank of Boston research that finds an oil shock the size of what the Iran war has produced would push inflation materially higher while having essentially no effect on national employment. What they're saying: "The U.S. economy's vulnerability to oil shocks has not been…
OPINION: President Trump bashed communism and the policies of New York City Mayor Zohran Mamdani, telling reporters "you're gonna end up in hunger, and squalor, and death, and destruction." #Trump #Mamdani #Communism
Watching Game 1 of the Knicks-Spurs series, Bill Bradley, the two-time N.B.A. champion and former U.S. senator, spoke reverently of teamwork — and had a few choice words for the refs.
