You've said AI could wipe out half of all entry-level white collar jobs and spike unemployment to 10 to 20% in the next 1 to 5 years. >> Yes, that is that is that is the future we could see if we don't become aware of this problem. Now >> half of all entry- level white collar jobs.>> Well, if we look at entry-level consultants, lawyers, uh, financial professionals, you know, many of kind of the white collar service industries, a lot of what they do, you know, AI models are already quite good at and without ...

You believe it will be smarter than all humans. >> I I believe it will reach that level that it will be smarter than most or all humans in most or all ways. >> Do you worry about the unknowns here. I worry a lot about the unknowns.I don't think we can predict everything for sure, but precisely because of that, we're trying to predict everything we can. We're thinking about the economic impacts of AI. We're thinking about the misuse. We're thinking about losing control of the model.But if you're trying to ad ...

Changping Xiao applied for a presidential pardon and shortly after the application he was at the center of a blockbuster deal that put world liberty on the map. Xiao is a citizen of the United Arab Emirates in the Persian Gulf. And in May, an Emirati fund put $2 billion in Xiao's Binance.of all the currencies in the world. The deal was done in World Liberty crypto. >> So, it took World Liberty from being a small project that maybe was on the road map after the election purely for the name to being one of th ...

Changping Xiao is founder of Binance, the world's largest exchange for cryptocurrency or digital money on the internet. In 2023, Xiao and his company plead guilty to failing to prevent money laundering on Binance. Binance paid a $4 billion fine.Xiao served a 4month sentence. He's one of the richest men in the world and he was essentially allowing his company to be used as a platform to finance criminal activity to send money to terrorist organizations, al-Qaeda, Hamas, ISIS, and he was prosecuted criminally ...

If you're a major artificial intelligence company worth $183 billion, it might seem like bad business to reveal that in testing your AI models resorted to blackmail to avoid being shut down and in real life were recently used by Chinese hackers in a cyber attack on foreign governments. But those disclosures aren't unusual for anthropic. CEO Dario Amade has centered his company's brand around transparency and safety, which doesn't seem to have hurt its bottom line.80% of Anthropic's revenue now comes from bu ...

When we first heard about chess boxing, we thought it was a joke. Chess boxing. Could it really be a thing.Turns out it is. And it's just what it sounds like. Alternate rounds of chess and boxing.You can win by knockout or checkmate, whichever comes first. Don't laugh. This odd couple made it to the Paris Olympics as an exhibition match.Russia is the reigning champ, but this year an upstart American team swung for the medals. Still think we're kidding. Come with us to the World Chess Boxing Championships in ...

The last minute of 60 Minutes is sponsored by United Healthcare. Coverage you can count on for your whole life ahead. Next week, we'll tell you about a 7-year project created by our CBS News colleague Steve Hartman and photographer Lou Bo.They visited the empty rooms left behind by children killed in school shootings. rooms that have become sanctuaries for their grieving parents with toys and keepsakes left undisturbed. Jada and Chad Scruggs's daughter, Hie, was killed in 2023.She was nine. >> All these phy ...

Last month, President Trump granted a pardon to a billionaire felon after the felon's company enriched a Trump family business. The pardon went to Changping Xiao, a Chinese-born businessman who was accused by the Justice Department of causing quote significant harm to US national security. The president says he does not know Xiao.Our reporting shows that Xiao's company supported a Trump family firm at critical moments leading up to the president's pardon. Changping Xiao is founder of Binance, the world's la ...

60 Minutes overtime. All of the traditional rules and procedures pertaining to pardons have been thrown out the window. This administration appears to be working around the Justice Department rather than with the Justice Department to vet and review applications for pardons. This week on 60 Minutes, we report on President Trump's pardon of crypto felon Changping Xiao. The case is one example of a broad shift in how President Trump is using the power of the pardon. We spoke with Elizabeth Oyer who from 2022 ...

60 Minutes overtime. >> Our story this week on 60 Minutes is about Anthropic, which is an AI company based in in San Francisco. Claude is anthropic artificial intelligence and it's used by companies all over the world and CEO Dario Amade is very public about not only the huge possible benefits of artificial intelligence but also the potential dangers of artificial intelligence as well.>> The more autonomy we give these systems you know the more we can worry are they doing exactly the things that we want the ...