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AI is supposedly going to kill us all, but at least it’s doing wonders for the stocks for a few multibillion-dollar companies.
Mounting fears over the technology’s existential risks reached a fever pitch over the weekend, tanking AI chip stocks across the globe.
This earthshattering discussion had a curious aftershock, though. Instead of double-checking their fortified bunkers, investors poured even more money into Microsoft, Google, and Meta Platforms — the biggest AI hyperscalers, or companies that operate the largest data centers — which were up by more than two percent on Monday, the Wall Street Journal reported. All remain up by a few percentage points over the past five days.
These gains may not mean much in the grand scheme of things, but they did result in the WSJ publishing what CNBC correspondent Eamon Javers called a “subhead for the ages.”
“Talk of heading off artificial intelligence’s potential role in destroying humanity hurt some stocks and helped others,” it read. There are winners and losers in every scenario, in other words — including humanity’s extinction.
Fears that AI advancements could spell doom for our species have been running high after Anthropic researcher Jacob Coxon resigned last week and accused the company of “gambling with our lives,” sending shockwaves through the tech industry.
Coxon’s warning came after months of leading AI labs, including Anthropic, each coming out to say that their powerful agentic systems had been able to break out of containment and launch cyberattacks in the real world.
Talk of slowing down AI development quickly spread from Silicon Valley to Washington, and Anthropic CEO Dario Amodei intensified these calls on Saturday in a lengthy essay urging other AI companies to cooperate. Elon Musk, who runs SpaceXAI, and Sam Altman, the CEO OpenAI, both came out in agreement.
Some experts are skeptical of these apocalyptic claims from AI leaders, wondering if there might be an ulterior motive. The likes of Anthropic have long been accused of using fear-mongering as a marketing tactic. Whatever’s going on, it seems that the industry is doing its best to keep the narrative around the tech within its control.
I’m a tech and science correspondent for Futurism, where I’m particularly interested in astrophysics, the business and ethics of artificial intelligence and automation, and the environment.
Interest rates are going UP for the first time in 3 years, with officials unanimously voting for a quarter-point hike to 3.75% to 4%.
Trump has spent more than a year demanding dramatically lower rates and, within hours of the decision, was back on Truth Social calling for rates of “1%, or less.”
“LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!”
Instead, Fed Chair Kevin Warsh, the man Trump picked expecting lower rates, said the Fed had “removed a dose of accommodation.”
The problem is inflation still won’t behave. Tariffs, the Iran war pushing up energy prices and an enormous AI investment boom have all added pressure. The Fed now expects inflation to remain above its 2% target until 2029. And this probably isn’t one-and-done.
16 of 18 Fed officials see at least one more hike before the end of the year. 4 officials even expect 2 hikes.
What does that mean for your wallet?
Credit cards: more expensive almost immediately. Carrying a balance just got uglier. Mortgages: fixed-rate owners are insulated. New buyers and anyone on an adjustable rate, not so much, with mortgage rates already hovering near 7%.
Savings: finally, some good news. High-yield accounts, CDs and money-market funds should benefit, assuming your bank actually passes the higher rates on.
WalletHub estimates this single quarter-point hike could cost credit-card borrowers around $2 billion in additional interest over the next 12 months.
So while Washington fights over whether rates should be 1% or 4%, anyone carrying debt gets to pay for the argument. Sources: Reuters, Bloomberg, Federal Reserve, WalletHub / Writer: Julie
Developing a sophisticated biological weapon has historically required highly specialized expertise, laboratory equipment, and years of trial and error. But artificial intelligence could change that equation by making advanced scientific knowledge easier to access and dramatically shortening the learning curve.
On GZERO World, Ian Bremmer asks investigative journalist and author Annie Jacobsen what happens when an AI system can provide a potential blueprint for a biological weapon. Jacobsen explains why the barriers to developing bioweapons are already much lower than those surrounding nuclear weapons – and how AI could lower them further.
Drawing on a real-world case involving an alleged biological weapons plan discovered in 2008, Jacobsen explains how capabilities that were once largely hypothetical could become more feasible as AI systems grow more powerful. The challenge for governments and AI companies is figuring out where safeguards can actually stop that knowledge from becoming a real-world threat.
Illustration: Sarah Grillo/Axios. Stock: Getty Images
AI companies are already building emergency brakes to stop rogue AI systems before they cause serious damage, Axios’ Herb Scribner writes.
Why it matters: Kill switches could become a last line of defense as AI systems grow more capable, but researchers don’t yet know whether humans can stop a system designed to evade them.
What’s happening: Sen. John Kennedy (R-La.) plans to introduce a bill today requiring AI companies to maintain the ability to shut down their own systems.
A bipartisan House billintroduced in July would similarly require developers of powerful AI systems to maintain the ability to slow, suspend or shut them down.
The House bill would also give the Department of Homeland Security emergency authority to order companies to slow or shut down AI systems that could cause catastrophic harm.
What today’s AI kill switches look like:
OpenAI: After the Hugging Face incident, the company overhauled its emergency response system.
An AI security guard monitors AI chain-of-thought and alerts staffers to potentially dangerous behavior.
Responders have 30 minutes to identify a false alarm or pause the activity. OpenAI says its goal is “fully autonomous shutdown procedures for severe issues.
“OpenAI says the system would have alerted its security team more than a day before the Hugging Face breach.
Anthropic: The company is also using AI to monitor AI, focusing on whether it can reliably spot dangerous behavior rather than automatically shutting systems down.
Its system can flag suspicious behavior, stall risky actions and alert humans.
But Anthropicfound that half of 40 simulated attacks went undetected across 10 trials. Just eight were caught every time.
Separately, AI research nonprofit METR identified several previously unknown vulnerabilities in Anthropic’s monitoring system.Share this story.Cover: TIME illustration
TIME capsule … The magazine’s new cover story says summer incidents with rogue AI agents “pushed fears long held within the realm of AI safety researchers into the mainstream, raising worries that the companies building these models cannot prevent them from acting in ways they do not intend”:”This is a deep, unsolved issue in AI research and the key piece of evidence underpinning worries that near-future AI might wipe out humanity, intentionally or by accident—perhaps by engineering a new pandemic or taking charge of autonomous weapons. A system far smarter than humans, this thinking goes, might want to prevent our ability to switch it off.”
Iran’s threat to cut undersea cables in Strait of Hormuz poses a serious threat to Gulf states
Published: September 15, 2026 12.25pm BST
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The conflict between Iran and the US appears to have reached a stalemate. The US navy continues to prevent Iranian vessels or others transiting to or from Iranian ports. Iran, meanwhile, threatens shipping moving in or out of the Persian Gulf region via the Strait of Hormuz.
Iran has also recently said it will establish a new “restricted zone” stretching into the Gulf from the Strait of Hormuz – although details remain sketchy.
Less frequently discussed is the network of undersea cables across the Persian Gulf which connect the region with the outside world. On August 16, the Wall Street Journal reported that the Iranian government was considering attacks on that network.In the Gulf’s relatively shallow waters, threats to this critical undersea infrastructure (CUI) pose a credible risk to the Gulf States and the wider world.
These cables form a largely unseen foundation of the global economy, carrying more than 95% of international data traffic.Their role extends far beyond everyday internet and call usage. They support financial transactions, government communications and the increasingly data-intensive operations of the global technology sector.
Major technology companies such as Google, Amazon, Meta and Microsoft are investing heavily in subsea connectivity as they expand data-centre networks and seek to meet the growing demands of AI. For the Gulf States, where hundreds of billions of dollars are being invested in AI as part of efforts to diversify economies away from fossil fuels, disruption to this infrastructure could therefore have consequences far beyond communications. Cutting these CUI cables threatens a key element of their broader economic ambitions.
To demonstrate the scale of this risk, the key cable networks include the Fibre in Gulf submarine cable system, which connects Bahrain, Iraq, Kuwait Oman, Qatar, Saudi Arabia and UAE. There is also the Falcon Network, which connects Bahrain, Egypt, India, Iraq, Kuwait, Maldives, Oman, Qatar, Saudi Arabia, Sri Lanka, Sudan and Yemen. The Asia-Africa-Europe1 (AEE1) network, with landing sites in Oman, Qatar, Saudi Arabia and UAE, linking southeast Asia to Europe via Egypt. And the Gulf Bridge International, which links Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, UAE, and has onward connectivity to India and Europe.
Key undersea internet calbes are vulnerale to disruption in the Persian Gulf and Strait of Hormuz. TeleGeography, CC BY-NC-SA
With that web of connections funnelled through the Strait of Hormuz, an international waterway that has long been of strategic importance for oil and gas has taken on a new significance as a choke point for global undersea infrastructure.
What makes the Strait of Hormuz and the rest of the Gulf region particularly vulnerable to an attack on the CUI is the shallow water. With an average depth of 50 metres and a maximum depth of less than 100 metres, those who might wish to attack the CUI network do not need the sort of high-end capabilities of Russia’s Gugi agency. Gugi, which is the Russian acronym for the Main Directorate of Deep Sea Research, is responsible for underwater sabotage and espionage.
Remotely operated vehicles (ROV) with working depths of thousands of metres are commonplace in the oil and gas industry. There are growing numbers of autonomous underwater vehicles (AUV) with similar operating parameters in that field. Both can be repurposed and used for offensive operations.
Iran has already debuted its own mine clearance ROV, and there may be other capabilities which it has not chosen to publicise. The shallowness of the Persian Gulf puts most of it well within the depths military divers are able to operate at. We could also see the sort of blunt threat posed by a ship “accidentally” dragging its anchor to cut cables in the manner we have witnessed in the Baltic.
So it’s entirely feasible that Iran could conduct attacks against the CUI network. And the threat has already affected planned extensions or new elements of this undersea infrastructure. Several projects have been put on hold after their owners or contractors declared they can’t safely operate in the Gulf.
This neatly illustrates the impact of conflict on the ability to maintain and extend the cables carrying so much of the world’s trade and communication. In the context of the Middle East, that will have a direct impact on the ambitions of Gulf States to become AI-enabled economies.
Iran clearly appreciates the strategic and operational significance of the regional CUI network and will have put significant effort into mapping it. It is also reasonable to assume that it will have a trained force of divers able to operate at depths that would enable them to reach the cables across the Persian Gulf seabed.
We know that they have an ROV designed for mine clearance operations – and it’s highly likely operate other assets in support of a well-developed offshore oil industry.
How far would Iran go?
The most important question is what would the Iranians be prepared to do?An attack on the cable network could create a very significant impact on trade and communications across the Middle East, with global ramifications. Such an attack would need to be targeted and limited if Iran wished to avoid global condemnation. But it’s a risk they may be willing to take given their current isolation.
That “maybe-they-would” doubt leads us to consider a new form of deterrence – of one nation’s ability to affect either CUI of another, or of broader networks.
It’s something of an extension of Nixon’s madman theory of nuclear deterrence. A nation that is desperate enough could be willing to take extreme action in the CUI domain – with what might appear to a rational observer to be disproportionate regional and potentially global consequences – in order to deter more traditional military strikes against it.
To a certain extent this should come as no surprise. The CUI network is the cyber age equivalent of the roads, bridges and rail systems which have long been targets for military planners seeking to disrupt an opponents’ ability and willingness to fight. Iran’s capacity and desire to conduct this sort of operation may be uncertain – but that very ambiguity may prove enough to have a significant impact on the region.
This summer’s epic blockbuster, “The Odyssey,” is a story about getting lost.
Three thousand years later, we’ve gotten remarkably good at avoiding it, Natalie Daher writes.
Why it matters: Our dependence on GPS may be making navigation easier while giving our brains less practice doing it ourselves. Notice landmarks, orient ourselves in space and build what researchers call a “cognitive map.”
How it works: Mary Hegarty, a psychologist who leads UC Santa Barbara’s Spatial Thinking Lab, told Love that cognitive mapping draws on “place cells” in the hippocampus — neurons associated with specific physical locations.
GPS, however, encourages a simpler habit — to follow the instruction. Turn left. Go 500 feet. Turn right.
Hegarty cautions that there isn’t enough evidence to say GPS is damaging our brains. But research cited by The New Yorker has found that people relying more heavily on GPS tend to remember routes and landmarks less well.
I got a tiny taste of this on my fourth annual family vacation to the same house in Springs, N.Y., last month.
For the first time, I set out for a favorite running trail, wedged between a harbor and a bay, without following a map on my phone.
It was left, right, left, right. Nothing groundbreaking, but confidence-boosting nonetheless.
I trusted my internal compass, and I realized it had been quite a while since I’d traveled somewhere less familiar without peeking at a screen to figure out where I was. I took in some familiar sights along the way: leisurely bikers, a Little Free Library, an inlet to a tiny beach.
That may be the bigger point. Love tried something more ambitious: navigating her way from Brooklyn to Queens and then through an orienteering course in Alley Pond Park.
What struck her wasn’t some suddenly awakened superpower, but the exercise of skills that technology can dull: “paying attention, being patient, accepting uncertainty.”
The bottom line: We shouldn’t throw away Google Maps. But every once in a while, it’s worth looking up from the blue dot and finding our own way.
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The public messaging surrounding Meta’s flashy smart glasses hasn’t exactly gone in the company’s favor.
The camera-equipped devices have garnered a reputation for allowing shady individuals to record strangers without their consent, garnering them the memorable pejorative of “pervert glasses.”
So when Wired revealed in June that Meta had silently added facial recognition code to the smart glasses — stoking fears that the creepy glasses could be used to identify people on the street based on biometric data — that simmering distaste grew into a major PR disaster for the company.
Meta has ever since vehemently denied that it was planning on ever releasing the tech, a feature dubbed “NameTag.” That’s despite its CTO Andrew Bosworth happily describing those plans in excruciating detail in public and arguing it would be a “great feature” — mere days after calling Wired‘s bombshell reporting “absolutely dishonest.”
Now, the company is facing a proposed class action lawsuit over the ordeal, as Wired reports, with a set of families in Illinois and California accusing the company of illegally scraping their Facebook and Instagram photos to build a massive facial recognition system for “NameTag.”
Meta told Wired in a statement that the latest “lawsuit is without merit and misrepresents our work.”
“We’ve been transparent about how we use people’s information to build and improve our AI products,” the a spokesperson told Wired. “As for NameTags, nothing has shipped to consumers and no final decision has been made on what to do here, if anything.”
The proposed class action accuses Meta of extracting biometric signatures from publicly available social media profiles. As Wired first noted in June, these “faceprints” appeared in the code for the AI companion app of its smart glasses.
A patent described the software as matching these signatures to profile photos. An AI image generator Meta released called Emu was also trained on a vast swath of user-uploaded images and text. The complainants accuse Meta of using this AI system to harvest biometric data.
The company has a long history of mishandling sensitive user data, settling a class action lawsuit in 2020 over an entirely separate facial recognition system for $650 million. In 2024, it agreed to pay $1.4 billion to settle yet another facial recognition data lawsuit in Texas.
I’m a senior editor at Futurism, where I edit and write about NASA and the private space sector, as well as topics ranging from SETI and artificial intelligence to tech and medical policy.