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Bank of England chief warns G20 that AI sector risks could trigger global downturn

Bank of England Governor Andrew Bailey told G20 finance ministers that a collapse in AI sector growth could trigger a market correction that ripples across the world economy. He pointed to high stock valuations, rising investor leverage, and growing financial ties between AI firms and major tech companies as factors that could magnify such a shock, while also flagging cyber security risks from coordinated attacks on multiple firms at once.

Kaiser Mental Health Staff Say AI Triage Tools Are Delaying Patient Care

Clinicians at Kaiser Permanente report that staffing cuts paired with growing use of algorithmic and AI-driven triage systems have made it harder for psychiatric patients to reach the right care quickly. Workers in California and Wisconsin describe rising patient frustration, missed diagnoses, and treatment delays tied to automation replacing human judgment in intake decisions. Unions are now pushing for limits on AI in triage as part of contract negotiations, while California lawmakers consider legislation to regulate the technology's use in medical settings.

Insurance claims adjusters top list of AI-critical workers, Glassdoor data shows

Glassdoor research found that insurance claims adjusters criticize AI in their reviews 98 percent of the time, making them the most AI-averse profession tracked on the platform. Adjusters describe being handed misclassified claims and AI-generated errors, or hallucinations, that they must fix, often after passing bad information to policyholders or attorneys. One former adjuster, Ahmad Jackson, said the technology added extra work and led him to leave his company for another insurer.

UNICEF-backed research finds wealthier nations report more pessimism about the future

A review of global polling, including a 55-country UNICEF study, finds that outlook on the future varies sharply by country, income and demographics rather than tracking objective economic conditions. Western nations like the US, UK and France show surprisingly bleak expectations for coming decades, sometimes ranking below countries such as Lebanon and Morocco, while many lower-income nations report greater optimism despite facing similar or greater challenges.

Space scientists propose four lab 'archetypes' to guide AI adoption policies

A team of astronomers, led by Sarah Burke-Spolaor at West Virginia University and Michelle Ntampaka at the Space Telescope Science Institute, posted an unreviewed white paper on arXiv outlining four archetypes for research groups to help them decide how to use AI tools like large language models. Rather than proposing a single universal policy, the framework maps each lab type against its research priorities using a radar-style diagram to suggest which AI applications, from code generation to writing assistance, best fit its values.

Pope Leo XIV issues encyclical Magnifica Humanitas warning on AI's effects on human dignity

Pope Leo XIV has published an encyclical titled Magnifica Humanitas, accompanied by a video presentation, addressing how artificial intelligence affects the human person. The document, discussed alongside remarks from Cardinal Michael Czerny, frames AI's trajectory as a matter of human choice and institutional responsibility rather than an inevitable outcome of the technology itself. It focuses on three central risks: loss of inner freedom despite tool use, erosion of critical judgment amid abundant data, and diminished real human connection in digital life.

Las Vegas man Brent Kovar charged in $24 million crypto Ponzi scheme, faces 280 years

Federal prosecutors in Nevada allege Brent Kovar ran a Ponzi scheme that fraudulently raised $24 million from roughly 400 investors by claiming he used AI software on a supercomputer to mine and verify cryptocurrency. He promised annual returns of 15 to 30 percent with a full money-back guarantee, but investigators say he paid earlier investors with money from new ones and could not honor his guarantees. Kovar now faces 11 counts of wire fraud, two counts of mail fraud, and two counts of money laundering, carrying a maximum combined sentence of 280 years.

AI chatbots gain traction as substitutes for human spiritual gurus

After a family in Chennai received what they felt was an insensitive response from a well-known guru following a relative's death, they turned to AI chatbots like ChatGPT for comfort and guidance. Yoga instructor Kripa Vaidyanathan said the AI offered nonjudgmental, round-the-clock support that was easier to access than a human spiritual advisor's limited time.

DeepSeek seeks outside funding as High-Flyer's IPO bets grow riskier

DeepSeek, the AI lab founded by Liang Wenfeng, has relied on his hedge fund High-Flyer Quant for early funding and computing power, but is now courting outside investors as its needs expand. Meanwhile, High-Flyer's affiliates have taken sizable pre-IPO stakes in Chinese hard-tech firms like memory chipmaker CXMT and robotics company Unitree, even as volatility in AI and chip stocks has hit the fund's returns.

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