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OpenAI’s Altman says AI unlikely to lead to ‘jobs apocalypse’

SYDNEY — OpenAI CEO Sam Altman said on Tuesday (May 26) the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared.Speaking at a Commonwealth Bank of Australia (CBA) conference in Sydney, Altman said he was initially concerned about the impact AI…

£29.95m Russian Billionaire Sergey Frolovichev London Mansion with secret Batman Lair Listed For Sale in London’s Hampstead

Tech entrepreneur Sergey Frolovichev, the former Bumble/Badoo business associate of tech tycoon Andrey Andreev, is selling his customised high-tech London mansion project on Greenaway Gardens in London’s Hampstead via sole selling agent Draper London. Custom designed by Frolovichev, a leader in cutting-edge digital technology, in collaboration with award-winning architectural practice SHH, the stunning Greenaway Gardens […]

A scorching Asian summer will add to risk of surging gas prices

Global gas markets are on edge as the Strait of Hormuz remains largely closed. Traders are watching China and weather forecasts closely. Hotter summers in Asia, potentially fueled by El Niño, will increase air conditioning use. This could boost demand for liquefied natural gas, especially from China, leading to fiercer global competition and higher prices as Europe prepares for winter.