Sam Altman Says the Singularity Is Here. The Evidence Suggests Otherwise

AI keeps getting more capable, but capability isn’t the same thing as intelligence. Here’s why the race toward AGI may be hitting a ceiling few want to acknowledge.

AI keeps getting more capable, but capability isn’t the same thing as intelligence. Here’s why the race toward AGI may be hitting a ceiling few want to acknowledge.
Vanguard’s acquisition of Altruist could reshape RIA custody, bringing together Altruist’s technology with the scale, capital, and reputation of one of the industry’s best-known brands. In Summary Vanguard’s acquisition of Altruist brings one of the financial industry’s most established brands together with one of RIA custody’s fastest-growing challengers. In this Rapid Reaction Industry Update, Louis…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Despite the destabilizing effects of the hostilities in the Middle East, economic confidence among global accountants and finance executives rose in the second quarter. Still, the quarterly Economic Confidence Index, established 15 years ago by the Association…
Processing Content Key insight: Bank regulators said that banks can contact customers who are subject to suspicious activity reports without violating SAR confidentiality, provided they do not reveal that a SAR has been issued concerning their activity. Expert quote: “Although a reasonable and prudent person familiar with the SAR filing requirement may suspect or be…
Small businesses don’t have the luxury of treating payments, credit, and cash flow as separate problems. A supplier invoice can affect available working capital; a cash crunch can push an owner toward personal credit; and the timing of one payment can influence the ability to cover the next. The growing convergence of these needs is…
The epicenter of the tech boom will soon have a new luxe travel option for wealthy travelers keen to not mix with the masses. San Francisco International Airport plans to build a new terminal designated for the area’s many high-net-worth fliers, sorting out passengers who are willing to pay extra for a private area of…
Cody Berman was 19 when he learned about financial independence, and 25 when he reached it. There’s no trust fund here, no lucky exit. Just a brutal train commute, over 30 side hustles, and a gap between what he earned and what he spent that he refused to let shrink. I sat down with Cody…