News from the bleeding edge of science and technology. Today, More GenAI Risks and Opportunities.
2–3 minutes read
News from Bloomberg, unlocked article:
How to Prevent AI From Causing an Economic Catastrophe
September 1, 2025
On Merryn Talks Money, Interactive Investor CEO Richard Wilson warns that state-initiated up-skilling programs are needed to protect livelihoods from AI.
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(Carolyn’s note: Computer problems then and now. Click on the images for the full cartoons.)
Now: (humor) from Doonesbury by Garry Trudeau August 31, 2025 
Then: Calvin and Hobbs: (more to see, click on the image below)
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News from Bloomberg
AI Euphoria to Fuel 20% S&P Rally by End-2026, Evercore ISI Says
September 1, 2025
US stocks can rise another 20% by the end of 2026, driven by the excitement around artificial intelligence, according to strategists at Evercore ISI…. “AI is ‘bigger’ than the Internet,” the strategists wrote. “In three years, its effect has touched all parts of society and industry even as adoption only begins to inflect.”
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Not everything AI is coming up roses at Bloomberg
AI Loses Edge In Predicting Extreme Weather Events — For Now
September 1, 2025
Low frequency, high-impact phenomena are the most destructive and the hardest to forecast, making greater accuracy and earlier warnings crucial to saving lives.
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On the other hand, reports Bloomberg… another unlocked article here…
Alibaba’s AI Revenue Surge Triggers $50 Billion Stock Rally
August 31, 2025
Alibaba Group Holding Ltd.’s stock leapt more than 19% after reporting a surge in revenue from AI, underscoring the steady headway it’s making against rivals in a post-DeepSeek Chinese development frenzy.
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News Briefs, Aug. 28-29, 2025 —>
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