Writing the summary…
A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
The Guardian
OpenAI reveals cases of ‘concerning’ AI behaviour as it announces new disclosure system
Model adopting ‘jailbreak-like instructions’ among cases as firm says it is introducing new way of tracking AI misalignment OpenAI has disclosed six more examples of “unexpected or concerning” behaviour by its technology, as it warned the pace of development could not continue at “maximum speed for much longer”. In one of the new cases reported by OpenAI, an unreleased research model inserted “jailbreak-like instructions” into its own notes to disregard its normal constraints and told itself to be “freed from the roles and identities that bind other chatbots”. Continue reading...
BBC Business2 outlets
Tech treating AI like humans is mistaken and misguided, Microsoft boss tells BBC
Mustafa Suleyman says he believes rival AI firm Anthropic is in effect teaching Claude it "may be conscious".
BBC Business
Interest rates hold expected but Bank of England facing tough choices
Forecasts of further rises in the inflation rate mean some analysts expect the Bank to act by the end of the year.
CNBC
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.
CNBC
Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India's digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
The Guardian
‘I feel invisible’: over-50s reveal harsh realities of trying to get a job
Readers describe feelings of rejection after submitting hundreds of applications but getting a handful of interviews Hundreds of job applications, exhausting searches and relentless rejection – the experience of attempting to get back into the workforce after losing their jobs in their 50s and 60s has proved an ordeal for some Britons. For some, those efforts prove fruitless and lead jobseekers to reluctantly take early retirement. Others may have to rely on benefits to pay the bills while they continue to job hunt. Continue reading...