A leader of The Church of Jesus Christ of Latter-day Saints warned Saturday that an explosion in gambling driven by online prediction markets and sports betting is fostering greed, particularly among youths, while producing “nothing of value.” D. Todd Christofferson, one of the top three leaders of what is known widely as the Mormon church, said rampant betting
Brazilian President Luiz Inácio Lula da Silva has announced a ban on online gambling, just days before an election in which he is seeking a fourth term as the country’s leader. Lula, who is running against the son of the incarcerated former Brazilian President Jair Bolsonaro, signed a provisional order on Friday that “prohibits all
In 2006 Congress passed a law called the Unlawful Internet Gambling Enforcement Act, which didn’t ban online betting but rather, banned banks from processing payments for it. It carved out one exception: fantasy sports, because Congress considered it a game of skill, not a game of chance like betting on a single game is. And
Multiple current and former Anthropic employees warned — and admitted — on Tuesday that the researchers building new AI models believe the technology could lead to humanity’s destruction by the end of the decade, reflecting the industry’s frenzy over reining in rapid development. Jacob Coxon, a former AI researcher at Anthropic, wrote on X that he
An Anthropic researcher who previously worked at OpenAI just quit. He’s the latest insider who’s warned that the AI race has become dangerously reckless. Jacob Coxon announced his resignation from Anthropic on Tuesday, saying he had spent the past three years doing pre-training research at the two AI giants. “Neither company is acting responsibly,” Coxon
Sports betting used to be a Sunday habit, but for a growing share of Americans, and an even larger portion of Gen Z, it’s starting to look like a backup financial plan. New research from Bank of America Institute shows that across every generation, people see prediction-market contracts as even more investment-like than sports bets.
