AI Bosses Urge Caution, Bonds Climb
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AI developers including Anthropic and OpenAI are clashing with the Trump administration over their calls for an industrywide slowdown in AI development. Bloomberg News Senior Editor of Technology & Strategic Industries Mike Shepard explains the increasing tensions. It comes as President Trump continues to clash with Canada's Mark Carney. Bloomberg News Executive Editor for Canada Derek Decloet breaks down the latest news. Then, Vertical Aerospace CEO Stuart Simpson talks about growing the eclectic aviation industry to become more commercialized. Plus, Bloomberg's Mike Mckee breaks down why the 10-year yield is breaching 5% and what is means for the FOMC meeting this week. Finally, Bloomberg's Dani Burger interviews Bank of America CEO Brian Moynihan as shares drop on news that trading revenue will be "relatively flat" in the third quarter compared to last year. All on the latest episode of "Bloomberg Businessweek Daily. Chapters 00:00:00 Bloomberg Businessweek Daily 00:02:42 Markets:
Tags: AI Safety, AI safety concerns, Aerospace, Alexis Christoforous, Bank of America Corp., Bank of England, Bank of Japan, Brian Moynihan, Businessweek, Canada, Carol Massar, China, Dani Burger, Derek Decloet, Donald Trump, Electric Flying Taxi, Federal Reserve, JFK, Mark Carney, Michael McKee
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