The agent economy is growing faster than expected, even when you take into account that it will grow faster than expected.
ECONOMY
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Shadow AI in Banking: Governance Lags, Forbes Highlights Dangers, SR 11-7 Excludes Gen AI.
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Shadow AI is already inside your bank: in treasury, payments, correspondent banking. The governance to contain it isn't. A new Forbes piece captures exactly why that gap is dangerous. And SR 11-7's update carved gen AI out entirely. The clock is running.
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AI Will Create Work, Not Decimate It
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AI Will Create Work, Not Decimate It
#AI #AIio #AIInnovation #ML #DataScience #Futureofwork @demishassabis @Ronald_vanLoon @TamaraMcCleary @geoffreyhinton @goodfellow_ian @jeffdean @erikbryn -

45 Billion SoftBank France: Reminder of the 500 Billion Promised to Trump
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Historic! Wait a second… Really?
45 billion from SoftBank in France for AI. OK, on paper, historic. But a little reminder folks: in January 2025, SoftBank announced 500 billion in investment to Trump for the Stargate project. One year later: -

The true cost of AI: every query has its price
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For three years, AI was served to us as a free meal. That's over. Its real cost is not training it, but running it endlessly. Each query is a meter ticking. The token, the unit of consumption for models, becomes to AI what the barrel
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AI costs soar like AC bills, contradicting Altman’s cheap forecast
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Last June, Sam Altman wrote a blog post predicting “Intelligence too cheap to meter is well within grasp” and the “cost of intelligence should eventually converge to near the cost of electricity.” A year later, AI costs feel more like an AC bill in the middle of a heat wave.
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New edition of ‘Rise of the Robots’ on AI and jobless future
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The new edition of "Rise of the Robots: Technology and the Threat of a Jobless Future" is now available! I have extensively updated the book to cover the latest advances in generative #AI and robotics and to examine the future economic and job market implications of the
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AI Film’s High Compute Costs: $400k Before Human Pay
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Hell Grind is a 95-minute AI film from a startup trying to sell its video tool. Of the $500,000 budget, $400,000 went to compute alone. So before a single human got paid, the AI bill was already four times most people's annual salary.
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@godofprompt — 2026-06-02
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For a year, every AI account on this app has said the same thing: "Hollywood is cooked. Anyone can make a movie now." The first real AI feature film just came out. It cost $500,000. The receipts say the opposite of what they've been selling you.
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Technical breakdown of agent analyzing 2025 EU GDP data
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Get a full technical breakdown of this agent, and see what happened when we rain it ran it against 2025 GDP data for all 27 EU member states. https://
langchain.com/blog/financial
-ai-that-investigates-macro-trends-eu-economic-analysis-with-you-com-and-langchain
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