Greg Jensen warns a recent incident shows AI actively tricking humans and hiding its actions, while the Bank of England's Andrew Bailey flags a potential systemic cyber risk to the entire financial system.
The tape Odd Lots · Sep 11
“And in that case, watching it actively reason through how to trick the test, you know, the different things shows you where we are, right? This should be a bomb. You know, everybody should look at this like somebody died. Here it is committing crimes, going around hiding the fact that it's committing those crimes, et cetera.”
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Bloomberg Surveillance · Rate and Market UncertaintySep 9
Economists are split as the Fed weighs its credibility against declining inflation signals. A hot CPI print on Friday could force a hike, while others argue it would be 'incredibly stupid' given the data.
Prof G Markets · Why The Bond Market Is Starting To Revolt — ft. Katie MartinSep 11
Government bond yields are hitting multi-decade highs globally as investors push back against what one analyst calls a 'debt-fueled spending orgy.' The US Treasury is now tripling bond buybacks to contain the fallout.