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Anthropic CEO Says Government Should Help Ensure AI's Economic Upside Is Shared

Slashdot.org - Tue, 01/20/2026 - 15:02
An anonymous reader shares a report: Anthropic Chief Executive Dario Amodei predicted a future in which AI will spur significant economic growth -- but could lead to widespread unemployment and inequality. Amodei is both "excited and worried" about the impact of AI, he said in an interview at Davos Tuesday. "I don't think there's an awareness at all of what is coming here and the magnitude of it." Anthropic is the developer of the popular chatbot Claude. Amodei said the government will need to play a role in navigating the massive displacement in jobs that could result from advances in AI. He said there could be a future with 5% to 10% GDP growth and 10% unemployment. "That's not a combination we've almost ever seen before," he said. "There's gonna need to be some role for government in the displacement that's this macroeconomically large." Amodei painted a potential "nightmare" scenario that AI could bring to society if not properly checked, laying out a future in which 10 million people -- 7 million in Silicon Valley and the rest scattered elsewhere -- could "decouple" from the rest of society, enjoying as much as 50% GPD growth while others were left behind. "I think this is probably a time to worry less about disincentivizing growth and worry more about making sure that everyone gets a part of that growth," Amodei said. He noted that was "the opposite of the prevailing sentiment now," but the reality of technological change will force those ideas to change.

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AI Agents 'Perilous' for Secure Apps Such as Signal, Whittaker Says

Slashdot.org - Tue, 01/20/2026 - 14:22
Signal Foundation president Meredith Whittaker warned that AI agents that autonomously carry out tasks pose a threat to encrypted messaging apps [non-paywalled source] because they require broad access to data stored across a device and can be hijacked if given root permissions. Speaking at Davos on Tuesday, Whittaker said the deeper integration of AI agents into devices is "pretty perilous" for services like Signal. For an AI agent to act effectively on behalf of a user, it would need unilateral access to apps storing sensitive information such as credit card data and contacts, Whittaker said. The data that the agent stores in its context window is at greater risk of being compromised. Whittaker called this "breaking the blood-brain barrier between the application and the operating system." "Our encryption no longer matters if all you have to do is hijack this context window," she said.

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IRS Identity Protection PIN Reminder: Prevent Tax Return Scams

MyMoneyBlog.com - Tue, 01/20/2026 - 13:52

Reminder for new tax season. Identity Protection PINs (IP PIN) have been updated for 2026 (they are updated every January).

An important “hardening” tactic against identity theft is to obtain an Identity Protection PIN (IP PIN) from the IRS. The common scam here is that someone with your name, address, and Social Security Number will file a tax return before you do, and then steal the resulting tax refund for themselves. In 2022, over 228,000 taxpayers filed IRS Form 14039, Identity Theft Affidavit, which asserts “I know or suspect that someone used my information to fraudulently file a federal tax return”.

Once you opt-in to the IP PIN program, the IRS will not accept any tax return filed during the current calendar year (even for prior years) without this unique six-digit number. Every calendar year in January, you’ll get assigned a new IP PIN. Getting one at any time will still prevent anyone from filing a fraudulent return during the rest of that calendar year.

To do it completely online, you’ll need an ID.me account, which is a third-party provider that the IRS trusts to verify your identity. From their page:

You can use either a self-service process that requires a photo of a government ID and selfie, or a live call with an ID.me video chat agent that doesn’t require biometric data.

I had already set up an ID.me account for another purpose years ago, but I do remember that the selfie method worked eventually for me but my wife had to go for the live video chat method. I’ve also had to deal with problems with rejected ID photos, too much glare, software crashes, etc.

If you forget your PIN, you can always sign back into your IRS.gov account and view it again under your Profile. This is another reason to take extra care with your ID.me/IRS.gov passwords and MFA methods. ID.me lets you set up a TOTP Authenticator app for MFA. Also set a reminder to use it when you eventually file taxes, so your return doesn’t get rejected.

More information at the IRS IP PIN FAQ page (that’s a lot of acronyms!).

Categories: Finance

Palantir CEO Says AI To Make Large-Scale Immigration Obsolete

Slashdot.org - Tue, 01/20/2026 - 13:35
AI will displace so many jobs that it will eliminate the need for mass immigration, according to Palantir CEO Alex Karp. Bloomberg: "There will be more than enough jobs for the citizens of your nation, especially those with vocational training," said Karp, speaking at a World Economic Forum panel in Davos, Switzerland on Tuesday. "I do think these trends really do make it hard to imagine why we should have large-scale immigration unless you have a very specialized skill." Karp, who holds a PhD in philosophy, used himself as an example of the type of "elite" white-collar worker most at risk of disruption. Vocational workers will be more valuable "if not irreplaceable," he said, criticizing the idea that higher education is the ultimate benchmark of a person's talents and employability.

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Crypto News Outlet Cointelegraph Loses 80% of Traffic After Google Penalty For Parasitic Blackhat SEO Deal

Slashdot.org - Tue, 01/20/2026 - 13:02
Cointelegraph, once one of the most-visited cryptocurrency news sites, has seen its monthly traffic plummet from roughly 8 million visits to 1.4 million -- an 80% drop in three months -- after Google issued a manual penalty in October 2025 for the outlet's partnership with a blackhat SEO firm that used Cointelegraph's domain authority to promote affiliate links to offshore casinos and betting platforms. The CEO, who had no prior media experience, proceeded despite warnings from Google earlier in 2025 and repeated objections from the outlet's three most senior editorial staff members throughout the year. The penalty removed Cointelegraph from Google News, Discover and search results entirely; a search for "Cointelegraph" now returns CoinDesk as the top result. Jon Rice, the former editor-in-chief, resigned on December 31st and described the situation as an "existential threat to business."

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He Went To Prison for Gene-Editing Babies. Now He's Planning To Do It Again

Slashdot.org - Tue, 01/20/2026 - 12:21
He Jiankui, the Chinese scientist who served three years in prison after creating the world's first gene-edited babies in 2018, is now preparing for another attempt at germline editing -- this time to prevent Alzheimer's disease. In an interview, He said he has established an independent lab in south Beijing and raised $7 million from private donors to fund research into introducing a protective genetic mutation found in Icelandic populations. The three girls born from his original experiment are now in primary school and healthy, according to He. Since germline editing remains banned in China, He said he plans to conduct future human trials in South Africa and has already spoken with contacts there. He estimates he needs two more years to complete mouse and monkey studies before seeking regulatory approval abroad. He said his lab is developing techniques to make 12 simultaneous genetic edits in a single embryo, targeting genes associated with cancer, cardiovascular disease, HIV, and other conditions. He is currently working on human cell lines and has not yet begun embryo experiments.

Read more of this story at Slashdot.

Europe Must Invest in Open Source AI or Cede To China, Schmidt Says

Slashdot.org - Tue, 01/20/2026 - 11:44
An anonymous reader shares a report: Europe must invest in its own open source artificial intelligence labs and address soaring energy prices, or it will quickly find itself dependent on Chinese models, former Google chief executive and tech investor Eric Schmidt said. "In the US, the companies are largely moving to closed source, which means they'll be purchased and licensed and so forth. And it is also the case that China is largely open weight, open source in its approach," Schmidt said at the World Economic Forum in Davos, Switzerland, on Tuesday. "Unless Europe is willing to spend lots of money for European models, Europe will end up using the Chinese models. It's probably not a good outcome for Europe."

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Ukraine To Share Wartime Combat Data With Allies To Help Train AI

Slashdot.org - Tue, 01/20/2026 - 11:05
An anonymous reader shares a report: Ukraine will establish a system allowing its allies to train their AI models on Kyiv's valuable combat data collected throughout the nearly four-year war with Russia, newly appointed Defence Minister Mykhailo Fedorov has said. Fedorov -- a former digitalisation minister who last week took up the post to drive reforms across Ukraine's vast defence ministry and armed forces -- has described Kyiv's wartime data trove as one of its "cards" in negotiations with other nations. Since Russia's invasion in February 2022, Ukraine has gathered extensive battlefield information, including systematically logged combat statistics and millions of hours of drone footage captured from above. Such data is important for training AI models, which require large volumes of real-world information to identify patterns and predict how people or objects might act in various situations.

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Energy Costs Will Decide Which Countries Win the AI Race, Microsoft's Nadella Says

Slashdot.org - Tue, 01/20/2026 - 10:29
Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella has said. CNBC: As countries race to build AI infrastructure to capitalize on the technology's promise of huge efficiency gains, Nadella told the World Economic Forum (WEF) on Tuesday that "GDP growth in any place will be directly correlated" to the cost of energy in using AI. He pointed to a new global commodity in "tokens" -- basic units of processing that are bought by users of AI models, allowing them to run tasks. "The job of every economy and every firm in the economy is to translate these tokens into economic growth, then if you have a cheaper commodity, it's better." "I would say we will quickly lose even the social permission to actually take something like energy, which is a scarce resource, and use it to generate these tokens, if these tokens are not improving health outcomes, education outcomes, public sector efficiency, private sector competitiveness across all sectors," Nadella said.

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Amazon CEO Jassy Says Tariffs Have Started To 'Creep' Into Prices

Slashdot.org - Tue, 01/20/2026 - 09:40
Amazon CEO Andy Jassy said President Donald Trump's sweeping tariffs are starting to be reflected in the price of some items, as sellers weigh how to absorb the shock of the added costs. From a report: Amazon and many of its third-party merchants pre-purchased inventory to try to get ahead of the tariffs and keep prices low for customers, but most of that supply ran out last fall, Jassy said in a Tuesday interview with CNBC's Becky Quick at the World Economic Forum in Davos, Switzerland. "So you start to see some of the tariffs creep into some of the prices, some of the items, and you see some sellers are deciding that they're passing on those higher costs to consumers in the form of higher prices, some are deciding that they'll absorb it to drive demand and some are doing something in between," Jassy said. "I think you're starting to see more of that impact." The comments are a notable shift from last year, when Jassy said Amazon hadn't seen "prices appreciably go up" a few months after Trump announced wide-ranging tariffs. Further reading: Americans Are the Ones Paying for Tariffs, Study Finds: Americans, not foreigners, are bearing almost the entire cost of U.S. tariffs, according to new research that contradicts a key claim by President Trump and suggests he might have a weaker hand in a reemerging trade war with Europe. [...] The new research, published Monday by the Kiel Institute for the World Economy, a well-regarded German think tank, suggests that the impact of tariffs is likely to show up over time in the form of higher U.S. consumer prices. [...] By analyzing $4 trillion of shipments between January 2024 and November 2025, the Kiel Institute researchers found that foreign exporters absorbed only about 4% of the burden of last year's U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%.

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