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Marlboro as an ESG investment? CEO tells FT that's his goal
Marlboro as an ESG investment? CEO tells FT that's his goal
Big Tobacco is reportedly positioning itself as a socially conscious investment.
1970-01-01 08:00
Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends
Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends
A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt
1970-01-01 08:00
Artificial intelligence warning over human extinction labelled ‘publicity stunt’
Artificial intelligence warning over human extinction labelled ‘publicity stunt’
The probability of a “Terminator scenario” caused by artificial intelligence is “close to zero”, a University of Oxford professor has said. Sandra Wachter, professor of technology and regulation, called a letter released by the San Francisco-based Centre for AI Safety – which warned that the technology could wipe out humanity – a “publicity stunt”. The letter, which warns that the risks should be treated with the same urgency as pandemics or nuclear war, was signed by dozens of experts including artificial intelligence (AI) pioneers. Prime Minister Rishi Sunak retweeted the Centre for AI Safety’s statement on Wednesday, saying the Government is “looking very carefully” at it. Professor Wachter said the risk raised in letter is “science fiction fantasy” and she compared it to the film The Terminator. She added: “There are risks, there are serious risks, but it’s not the risks that are getting all of the attention at the moment. “What we see with this new open letter is a science fiction fantasy that distracts from the issue right here right now. The issues around bias, discrimination and the environmental impact. “The whole discourse is being put on something that may or may not happen in a couple of hundred years. You can’t do something meaningful about it as it’s so far in the future. “But bias and discrimination I can measure, I can measure the environmental impact. It takes 360 gallons of water daily to cool a middle-sized data centre, that’s the price that we have to pay. “It’s a publicity stunt. It will attract funding. It's a publicity stunt. It will attract funding. Professor Sandra Wachter “Let’s focus on people’s jobs being replaced. These things are being completely sidelined by the Terminator scenario. “What we know about technology now, the probability [of human extinction due to AI] is close to zero. People should worry about other things.” AI apps have gone viral online, with users posting fake images of celebrities and politicians, and students using ChatGPT and other “language learning models” to generate university-grade essays. But AI can also perform life-saving tasks, such as algorithms analysing medical images like X-rays, scans and ultrasounds, helping doctors to identify and diagnose diseases such as cancer and heart conditions more accurately and quickly. The statement was organised by the Centre for AI Safety, a non-profit which aims “to reduce societal-scale risks from AI”. It says: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.” Senior bosses at companies such as Google DeepMind and Anthropic signed the letter along with a pioneer of AI, Geoffrey Hinton, who resigned from his job at Google earlier this month, saying that in the wrong hands, AI could be used to to harm people and spell the end of humanity. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live ‘I feel lost’ – AI pioneer speaks out as experts warn it could wipe out humanity Cabinet approves Irish involvement in cyber-threat network Trust and ethics considerations ‘have come too late’ on AI technology
1970-01-01 08:00
Former Connecticut lawmaker, a gambling addict, gets 27 months for stealing coronavirus aid
Former Connecticut lawmaker, a gambling addict, gets 27 months for stealing coronavirus aid
A former Connecticut state representative has been sentenced to 27 months in prison for stealing more than $1.2 million from the city of West Haven
1970-01-01 08:00
Pain and terror felt by passengers before Boeing Max crashed can be considered, judge rules
Pain and terror felt by passengers before Boeing Max crashed can be considered, judge rules
A federal judge is ruling that families of passengers who died in the second crash of a Boeing 737 Max can seek damages for the pain and terror suffered by their relatives before the plane crashed in Ethiopia
1970-01-01 08:00
Chris Stewart, 6-term Utah Republican, resigning from Congress
Chris Stewart, 6-term Utah Republican, resigning from Congress
Utah Republican Chris Stewart is resigning from his seat in the narrowly divided U.S. House of Representatives
1970-01-01 08:00
'Succession' went out with a bleeping bang. See how many curse words there were in the finale
'Succession' went out with a bleeping bang. See how many curse words there were in the finale
The characters of "Succession" are known to use some sharp words and colorful language, and there was quite a bit of it in the series finale.
1970-01-01 08:00
Fed Isn’t Finished Raising Interest Rates to Fight Inflation, Larry Fink Says
Fed Isn’t Finished Raising Interest Rates to Fight Inflation, Larry Fink Says
BlackRock Inc. Chief Executive Officer Larry Fink said stubbornly high inflation will force the Federal Reserve to raise
1970-01-01 08:00
TimTheTatman and NICKMERCS Warzone 2 Bundles: Price, Items
TimTheTatman and NICKMERCS Warzone 2 Bundles: Price, Items
The TimTheTatman and NICKMERCS Warzone 2 Bundles, featuring Operator skins of the popular streamers, are now live in the Store for 2,400 COD points.
1970-01-01 08:00
Kokkinakis ends 38-year-old Wawrinka's French Open
Kokkinakis ends 38-year-old Wawrinka's French Open
Thanasi Kokkinakis knocked 38-year-old Stan Wawrinka out of the French Open on Wednesday in a five-set rollercoaster to book a third round place at Roland Garros...
1970-01-01 08:00
Nikki Haley's husband to deploy with National Guard to Africa as she seeks 2024 GOP nomination
Nikki Haley's husband to deploy with National Guard to Africa as she seeks 2024 GOP nomination
Nikki Haley’s husband will soon begin a yearlong deployment with the South Carolina Army National Guard to Africa
1970-01-01 08:00
Anti-poverty groups and progressives blast work requirements for aid to poor Americans in debt ceiling deal
Anti-poverty groups and progressives blast work requirements for aid to poor Americans in debt ceiling deal
An agreement to raise the debt ceiling would expand the age bracket for eligibility for food assistance, adding a punitive and unnecessary barrier for poor Americans with only negligible savings for the federal government, advocacy groups have warned. Most Americans with low or no incomes who qualify for the Supplemental Nutrition Assistance Program (SNAP) must comply with certain work requirements to be eligible to receive funds to help pay for groceries. But under a deal struck between President Joe Biden and Republican House Speaker Kevin McCarthy, adults up to age 54 would be required to show proof of work. Republican lawmakers have pushed for years to expand those work requirements, but anti-poverty advocacy groups and progressives have argued that adding any such limitations to critical aid will only deepen hunger and poverty in the US, pointing to Congress’ own research showing that work requirements don’t appear to have any measurable effect on employment. “SNAP is a symptom of shortcomings in the economy,” Luis Guardia, president of the Food Research & Action Center, said in a statement. “Cutting off food for people unless they document sufficient hours of work does not improve their chances to secure family-sustaining wages, but does increase their food hardship.” In simple terms, a congressional vote to raise the debt ceiling would allow the US Department of Treasury to continue borrowing money to pay the country’s bills. But Republican lawmakers have leveraged the often routine though critical vote process to advance their agenda, as the nation stares down an imminent deadline that risks putting the US in default. “While we all recognize the catastrophic impact of a default, we are deeply disappointed that this deal includes cuts that further harm people experiencing hunger and poverty,” said Lisa Davis, senior vice president of Share Our Strength and its No Kid Hungry campaign. “As a whole, the punitive and ineffective SNAP changes included in this bill will save the US very little money,” she added. “They will also do nothing to remove barriers to make employment more attainable or available for those they impact. Nor are they based on evidence or experience. Instead, they are born from and rely on pervasive myths and misperceptions about SNAP and the people who benefit from the program and stand only to restrict food assistance for some Americans.” Republicans hold a fragile majority in the House of Representatives, where Mr McCarthy is relying on a slim margin of support from a far-right caucus that argues the cuts don’t go far enough. Meanwhile, progressive lawmakers – frustrated with the GOP’s “hostage crisis” process for negotiating a debt deal – strenuously object to stiffening work requirements and cuts to aid programs on which millions of Americans rely. Democratic US Rep Pramila Jayapal, who chairs the Congressional Progressive Caucus, will not support the debt plan, pointing to members who are “deeply, deeply concerned” about the proposals and the way in which Republicans threatened to steer the US into default to get GOP concessions. On a call with reporters on 30 May, Ms Jayapal compared Republicans’ threats on the debt limit to the party’s attempts to undermine the outcome of the 2020 presidential election. “We cannot have these constitutional obligations, including the very clear mandate to pay the country’s debts, as well as of course to ratify an election of a president that was voted upon by the democratic process ... taken hostage,” she said. The Biden administration has touted some new proposals in the deal as a victory: Military veterans, young people who have aged out of foster care, and people experiencing homelessness would be exempt from the SNAP work requirements. But “burdensome reporting requirements and bureaucratic red tape leave little confidence that this will outweigh the harmful expansion of these requirements for others in this category,” Ms Davis said in a statement. The nation’s largest food assistance program supported more than 42 million people in February, according to the latest data from the US Department of Agriculture. More than 65 per cent of SNAP recipients are in families with children, 36 per cent are in families with members who are older or disabled adults, and 41 per cent are in families that work, according to the Center on Budget and Policy Priorities. SNAP requires “able-bodied adults” without dependents to work or join job training programs for at least 80 hours a month to receive more than three months of benefits over three years. “SNAP’s primary objective is to help people put food on the table; any attempt to turn it into an employment program – particularly when extensive research shows that work requirements actually make it much harder, not easier, for people to find and keep jobs – runs contrary to the program’s mission and intent,” said Eric Mitchell, executive director of the Alliance to End Hunger. “In a time when food insecurity is rising and food prices remain high, we should be expanding our nation’s social safety net, not restricting it,” he added. The maximum monthly SNAP benefit for an individual is $281, “which makes the 80-hour work program route effectively the same as a job that pays $3.51 per hour,” or less than half the federal minimum hourly wage of $7.25, People Policy Project’s Matt Bruenig noted. Progressive lawmakers and advocacy groups have also lambasted the debt deal for tying the fate of federal programmes for some of the poorest Americans to a politically volatile debate. What happens for someone over 50 years old who is unable to work and is cut off from assistance? How can they navigate a difficult labour market rife with age discrimination? Anti-poverty advocates and critics of so-called “means-testing” structures around receiving government aid have argued that adding additional burdens for work requirements underscores their futility. “We shouldn’t be playing politics with programs that help Americans meet their basic needs,” Ms Davis said. Anti-hunger groups have also objected to other changes to other assistance programs for lower-income-earning Americans, including changes to a federal cash assistance program that House Republicans had previously threatened with drastic cuts. “Hungry people cannot wait – but now they will need to wait even longer,” Mr Garcia said. “Our leaders should be creating pathways to progress, not pulling out the rug from those trying to get back on their feet.” Read More Debt ceiling vote – live: AOC, Boebert and Gaetz join growing opposition as Biden-McCarthy deal faces full House vote today What’s in the cliffhanger deal struck by Biden and McCarthy to raise the debt limit? House Republican majority cut by one after shock resignation of congressman
1970-01-01 08:00
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