Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.
Category: Artificial Intelligence
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Fed Minutes Show Officials Saw More Work to Do to Quell Inflation
The New York Times – Business: -
A.I. Music Fraudster Who Drew Millions in Royalties Is Sentenced to 18 Months
The New York Times – Music:Prosecutors say Michael Smith flooded music-streaming platforms with bots that repeatedly streamed his A.I.-generated music, earning him as much as $8 million.
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Why Markets Are Buoyant — and Under Pressure
The New York Times – Business:Energy and technology companies’ earnings are expected to keep driving up stock indexes. But what’s driving up their profits are weighing on the economy.
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A New Open-Weight Challenger to Anthropic, Reflection, Emerges
The New York Times – Business:Reflection AI, a start-up backed by Nvidia, unveiled an open-weight artificial intelligence model meant to compete with Chinese tools — and other U.S. ones.
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South Korea Investigates Possible Use of A.I. in Hacks on Its Banks
The New York Times – Business:The president said there were signs that such models were used in recent attacks on several banks involving customer data. Police are investigating.
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High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed.
The New York Times – Business:Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, which are contributing to inflation.
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What’s the Right “Level of Care” for A.I.?
The New York Times – Business:Another executive departed OpenAI, raising questions about the company’s commitment to safety.
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P.&G.’s Chief on Whether Brand Loyalty Is Enough When Prices Keep Climbing
The New York Times – Business:Procter & Gamble’s new boss, Shailesh Jejurikar, talks about how the company is thinking about higher costs, what gets passed on to consumers and how A.I. helps it compete.
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As A.I. Agents Begin Shopping, Brands Are Changing Their Sales Pitch
The New York Times – Business:Faced with bots immune to traditional marketing tactics, marketers are racing to win them over with logic and data.
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An A.I. Songwriting Experiment: Humans Against the Machine
The New York Times – Music:Five humans convened for a weekend to create new music from scratch. Could they do better than A.I.? Could you even tell the difference?