Technology/Business

Meta on Wednesday agreed to make sweeping changes to its platforms as part of an $18 billion settlement with dozens of states over claims its platforms contributed to a youth mental health crisis.

Microsoft co-founder Bill Gates says there need to be significant limits placed on artificial intelligence or else the harm to humans will outweigh any potential good.

The head of the world’s financial stability watchdog warned on Monday of the serious risk posed by advanced AI models to the global financial system.

Government officials, policy experts and the industry all say the race to regulate AI is messy, even as companies wave warning flags about the dangers of the tech.

The FTC and 22 states sued Amazon, alleging the company secretly manipulated its advertising auction system since 2018 to overcharge 1.2 million advertisers by more than $20 billion, with costs passed to shoppers. Amazon strongly disputes the claims, calling the lawsuit misguided and citing advertiser savings from prioritizing ad relevancy over bid price.

New York City announced a one-year moratorium on generative AI use for public school students from 2K through 8th grade, affecting nearly 600,000 students. Mayor Zohran Mamdani and Chancellor Kamar Samuels say the policy, called the nation's most expansive AI school restriction, aims to protect critical thinking and student-teacher relationships while limiting screen time districtwide.

Former Anthropic researcher Jacob Coxon's resignation post warning AI could kill humanity by decade's end has reignited industry fears, echoed by colleague Evan Hubinger. Despite mounting warnings from AI insiders and a July open letter signed by 1,400 employees urging regulation, US oversight remains stalled while companies largely self-police through voluntary frameworks.

Anthropic, Google and OpenAI have discussed creating an AI industry standards body, people familiar with the situation told CNN.

People in remote-friendly jobs who live alone report being more socially isolated than those whose work must be done in person, research shows. It’s important to add meaningful social interactions into your day, no matter where you work, experts say.

President Trump dismissed AI safety concerns as a "HOAX," comparing them to climate change fears while rejecting industry calls for regulation. Despite warnings from tech leaders and internal White House worries, Trump prioritized AI-driven economic growth and outpacing China, insisting his own oversight provides sufficient safeguards against the technology.