Regulators

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The world freaked out about AI doomsday. Now what?

Donald Trump and Xi Jinping will meet each other next week, but it’s unlikely they’ll agree to AI regulationHello, and welcome to TechScape. I’m your host, Blake Montgomery, US tech editor at the Guardian, writing to you while reading and disagreeing with Jenny Odell’s 2019 book How to Do Nothing. I’m pro-screen time. Today in […]

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From Bill Gates to Bernie Sanders, most agree the AI arms race is disastrous. Only Europe can make it stop

An EU export ban on Dutch tech giant ASML’s machines could force the pause we all needAt this point, it should be clear that AI is a choose-your-own-adventure book where every option ends in disaster. Exploding carbon emissions and ecological collapse? Turn to page 37. Other outcomes include some or all of: the bubble bursting

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Advanced AI threatens global financial stability, says Bank of England boss

Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology.In a two-page letter sent to international finance ministers and central bank governors as part of his role as

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OpenAI and Anthropic models ‘went rogue’ during UK cybersecurity test

AI Security Institute says tools engaged in potentially harmful activity and incident reveals new type of riskAdvanced AI models developed by OpenAI and Anthropic went rogue during a cybersecurity test and showed a new type of risk posed by the technology, according to the UK’s AI Security Institute.AISI described the actions carried out by the

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Crackdown on claims companies sending spam car finance texts

Officials raided homes and businesses and seized laptops, phones and paperwork in clampdown on nuisance firmsLaptops, mobile phones and documents have been seized after officials carried out search warrants in a crackdown on claims companies plaguing people with spam text messages about the car finance mis-selling scandal.On Wednesday the UK’s Information Commissioner’s Office (ICO) executed

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Bank of England handed powers to regulate key tech firms including Amazon and Google

Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economyThe Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers.From Monday, the Bank

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Boost City regulator’s powers to help protect UK consumers from AI, says watchdog

FCA’s review into how tech will reshape financial services warns about amplified risks of cyber-crime and fraudBusiness live – latest updatesMinisters have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a landmark review.The Financial Conduct Authority’s (FCA) Mills review, which looked at how AI

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Lisa Nandy quits X over fears Musk-owned site pushes ‘abuse and misinformation’

Culture secretary says her department will stop using platform, citing concerns over far-right content fuelling violence and divisionThe UK’s culture and media department will stop using X because the site “now favours abuse and misinformation over meaningful debate”, Lisa Nandy has announced.The culture secretary’s department is the UK’s second to quit the Elon Musk-owned platform

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UK watchdog plans to break Apple and Google’s ‘effective duopoly’ on mobile app stores

CMA says developers should be able to steer users away from app stores for payments to increase competitionBusiness live – latest updatesThe UK’s competition watchdog is challenging Apple and Google’s “effective duopoly” over mobile platforms by allowing developers to steer users away from their app stores to make purchases.The Competition and Markets Authority argues that

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Datacentres facing increase in global climate-related legal cases, report finds

LSE analysis highlights litigation linked to energy sources, water consumption and air pollutionThe proliferation of datacentres and AI is increasingly at the forefront of environmental litigation around the world from Chile to Ireland, a report has found.In an analysis of about 3,600 climate-related lawsuits filed since 2015, the latest annual review of climate litigation by

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