Economists think that a more strained consumer could slow growth in the fourth quarter, and that much of the wealth cushioning higher-income spenders comes from AI-driven stock gains.
An AI news agent named Walter has published thousands of articles for an Alaska news outlet since launching earlier this year. Nathaniel Herz, executive editor of the Anchorage Press, shares what happened when he interviewed it.
“What publishers and literary agents are struggling with behind the scenes is what percentage of AI assistance crosses the line into, ‘we could lose more money than we stand to make,’” publishing journalist Jane Friedman said.
Anthropic said that 5% of its shares will go into a new “public benefit fund.” Elon Musk, meanwhile, announced he’ll give every U.S. kid a share in SpaceX next year.
