Verizon CEO Dan Schulman offered a strikingly aggressive forecast for artificial intelligence’s development at the Ford Pro Accelerate event in Detroit, saying that an earthquake is headed our way. “The models that we see today are the worst models we’ll ever use in our lives,” Schulman said in conversation with Fortune’s Diane Brady. “Every two
The US Navy’s plan to repair its public shipyards is expected to cost billions more and take decades longer than originally planned, according to a new government watchdog report. The Shipyard Infrastructure Optimization Program is intended to fix poor conditions at the Navy’s four public shipyards, which maintain the fleet’s nuclear-powered submarines and aircraft carriers.
From an investing perspective, U.S. homes have paled in comparison to the stock market in recent years, and the surge in mortgage rates will likely widen that mismatch. The housing market has been largely frozen since the COVID-era boom ended in 2022, when the Federal Reserve embarked on an aggressive rate-hiking campaign to rein in
As the “forgotten generation” squashed between the culturally dominant Boomers and millennials, the people born between the late 60s and 80s often go under the radar in conversations about Botox online. But that generation is now arriving at plastic surgeons’ offices not just for wrinkle treatments, but for facelifts once reserved for patients 15 years
Sharon Levy is exiting Banijay’s Endemol Shine North America after nearly a decade at the company — including most recently as CEO. The restructure comes following this summer’s completion of the $8 billion merger between Banijay and All3Media, with Banijay Americas CEO Ben Samek overseeing the combined company’s U.S. entity. “Sharon has played an integral
US lawmakers may have only about a year to put meaningful guardrails around artificial intelligence before AI advances to the point where it could become “out of control,” warned the “Godfather of AI.” Speaking after a briefing with members of Congress on Wednesday, Geoffrey Hinton said the window for regulating advanced AI has narrowed dramatically
