The Senate has passed a bipartisan agreement forged by US president Joe Biden and House speaker Kevin McCarthy to raise the $31.4 trillion US debt ceiling after the deal survived a Republican rebellion in the House of Representatives. The Fiscal Responsibility Act, which will also implement new federal spending cuts, cleared the lower chamber with 314 votes in favour and 117 against on Wednesday night. The narrowness of its passage through the House was made possible through the support of Democrats, who stepped in to thwart a Republican rebellion that badly undermined Speaker McCarthy’s claims to control over his increasingly divided party. On Thursday, the Senate rejected 11 proposed amendments before passing the bill 63 for to 36 against. Senate majority leader Chuck Schumer will now send the bill to President Biden’s desk for his signature. Full congressional approval was required before Monday 5 June, when the Treasury Department was expected to run out of funds to pay its debts for the first time in American history. Read More Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against What’s next for Biden-McCarthy debt ceiling deal as Senate races to beat default deadline?

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OpenAI, the AI firm behind ChatGPT, has warned that the arrival of artificial intelligence that surpasses humans is unavoidable. Artificial general intelligence, also known as superintelligence, has been theorised by philosophers and academics for decades, though rapid advances in recent years mean we may now be on the cusp of it, senior figures within OpenAI warned. In a blog post published on Wednesday, OpenAI’s Sam Altman, Greg Brockman and Ilya Sutskever said that AI superintelligence will be unprecedented in its power – both positive and negative. “Given the picture as we see it now, it’s conceivable that within the next ten years, AI systems will exceed expert skill level in most domains, and carry out as much productive activity as one of today’s largest corporations,” the post stated. “In terms of both potential upsides and downsides, superintelligence will be more powerful than other technologies humanity has had to contend with in the past.” OpenAI laid out three ways humanity can navigate the arrival of superintelligence, though warned lawmakers and regulators against trying to stop it. “We believe it would unintuitively risky and difficult to stop the creation of superintelligence,” the post warned. “Because the upsides are so tremendous, the cost to build it decreases each year, the number of actors building it is rapidly increasing, and it’s inherently part of the technological path we are on, stopping it would require something like a global surveillance regime, and even that isn’t guaranteed to work. So we have to get it right.” Mr Altman appeared before a congressional hearing last week to face questions from US senators about the risks that advanced artificial intelligence poses. The 38-year-old told the Senate Judiciary Subcommittee on Privacy, Technology and the Law that he believed AI-powered chatbots like ChatGPT were a “significant area of concern” and required rules and guidelines to prevent misuse. “There’s no way to put this genie in the bottle. Globally, this is exploding,” Democratic Senator Cory Booker acknowledged. One potential way to prevent AI harms like election manipulation would be by introducing licensing and testing requirements for the development of AI, Mr Altman said. One possibility, according to OpenAI, is through the creation of a US licensing agency for AI called the Office for AI Safety and Infrastructure Security (Oasis). Read More 10 ways AI will change the world – from curing cancer to wiping out humanity

Owen Farrell and Marcus Smith will both start for England against Fiji in the World Cup quarter-final...

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CHICAGO--(BUSINESS WIRE)--Sep 28, 2023--

A key gauge of China's small- and medium-sized factories showed their surprise return to expansion last month, which eased market anxiety about growth stalling in the world's second largest economy.

By Joseph Ax Former New Jersey Governor Chris Christie, who backed Donald Trump's successful 2016 presidential campaign but

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