Bill Gates Says Governments Worldwide Are ‘Way Behind’ on AI
Bill Gates says governments are way behind in preparing for AI disruption even as his foundation commits at least $1 billion to expand beneficial uses of the technology.
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China Introduces Exit Bans for Citizens Deemed a Technology-Security Risk
China can now stop citizens leaving the country where export-control or technology-rule violations are judged to threaten national industrial or technological security.
BIS Warns AI Boom Is Becoming a Financial-Stability Risk as Tech Private Credit Passes $1 Trillion
The BIS warns the AI investment boom is showing growing vulnerability as technology borrowing through private credit rises from about $22 billion to more than $1 trillion.