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AI & Enterprise

Musk says retirement savings could become meaningless in 10 to 20 years

Elon Musk said artificial intelligence is likely to evolve in ways that give everyone higher incomes and better medical services, while changing the form of jobs rather than eliminating them. He said the most likely outcome is an age of abundance and that universal high income could be possible. Musk also said AI, robots and superintelligence could deliver top-level healthcare worldwide. He spoke after a White House meeting and joined other executives in signing a pledge on safe AI development.

AI & Enterprise

Trump, big tech sign AI safety pact but it has no legal force

U.S. President Donald Trump signed a voluntary agreement with major technology companies to reduce risks from frontier AI, but the pact has no legal force, prompting debate over its effectiveness. About 24 firms agreed to independent safety audits, shared standards and benchmarks, and regular consultations covering issues including cybersecurity and biosafety. The agreement does not impose new legal duties, and enforcement details remain unclear as AI safety incidents continue.

AI & Enterprise

Trump White House signs AI pledge leaving risk management to companies

U.S. President Donald Trump and executives from major AI companies signed a voluntary White House pledge on managing the safety of advanced AI models. The agreement, titled \"Joint Commitment on Frontier Responsibility\", calls for internal controls, independent external audits and board-level oversight to prevent models from accessing or hacking technical systems in unintended ways. Trump said companies must regulate themselves and also signed an order directing officials to use \"superintelligence\" instead of \"artificial intelligence.\"