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Institutions and Governments Need to Prepare for AI's Economic Impact

More than 200 economists and AI researchers, including 16 Nobel laureates and leaders from OpenAI, Anthropic, and Google, have issued a joint statement calling on governments and institutions to urgently prepare for AI's sweeping economic transformation.
The US just opened the AI-chip floodgates to the UAE

The US Commerce Department has upgraded the UAE's export control status, clearing license-free access to advanced AI chips, servers, satellites and military tech for G42, Core42 and eight major US tech firms.
The Fed's remaking now has a roster, and it's full of outsiders

Federal Reserve Chair Kevin Warsh has named 15 outside experts to lead five task forces reviewing the central bank's communications, balance sheet, data, inflation frameworks, and AI's impact on jobs. The roster includes Marc Andreessen, former Walmart CEO Doug McMillon, and Nobel laureate Thomas Sargent.
Anthropic's new Claude feature wants you to use AI mindfully. And keep using it.

Anthropic has launched Reflect, a built-in Claude dashboard that tracks your AI usage patterns and nudges mindful behaviour. But critics note it also deepens reliance on Claude and discourages switching.
CFTC Blocks CME From Launching 24/7 Crude Oil Futures Trading

The CFTC has officially halted CME Group's self-certified contract to launch 24/7 crude oil futures trading, with Chairman Michael Selig citing regulatory concerns and invoking authority under 17 C.F.R. 40.2(c).
Elon Musk Sounds The Alarm On AI's Breakneck Pace

SpaceXAI has released Grok 4.5, its most capable model yet, trained with AI coding platform Cursor. Elon Musk describes it as an Opus-class model that is faster, more token-efficient, and lower cost than comparable rivals.
Nearly $1T Wiped Off The Market as Trump Terminates MOU With Iran

President Trump declared the US-Iran Memorandum of Understanding 'over' at the NATO summit in Ankara, triggering a sharp sell-off in equities, a surge in oil prices, and fresh fears of Middle East escalation.
Microsoft starts pulling OpenAI and Anthropic out of Excel and Outlook

Microsoft is routing tens of thousands of weekly AI prompts in Excel and Outlook through its own MAI models, cutting costs and reducing dependence on OpenAI and Anthropic ahead of their IPOs.
Anthropic AI Uncovers 'Large Number of Vulnerabilities' Inside US Government Code

US cyber agency CISA is using Anthropic's Mythos AI model to scan federal software for security flaws, with audits already uncovering a large number of vulnerabilities, according to Reuters.
Mark Zuckerberg Admits AI Is Falling Short

Meta CEO Mark Zuckerberg told employees at an internal town hall that AI agent development has not progressed as quickly as expected, even as the company prepares to spend up to $145 billion on AI infrastructure in 2026.


