How Powell Just Complicated Trump’s Fed Plans
The New York Times • • business
Key Points:
- The White House reportedly plans to limit the broader rollout of Anthropic’s new AI model, Claude Mythos Preview, due to concerns about both safety and Anthropic’s insufficient computing capacity to serve corporate and government clients effectively.
- There is an emerging concern about "compute inequality," where organizations lacking extensive hardware resources could be disadvantaged in accessing advanced AI technologies.
- Some skeptics believe the government’s restrictions on Mythos’ commercial expansion may be intended to favor OpenAI and xAI, which have closer ties to the administration.
- Amazon is considering rebooting "The Apprentice" franchise, which it acquired through MGM, with Donald Trump Jr. potentially set to host the show.
- Uncertainty around Federal Reserve leadership may continue as President Trump’s nominee, Kevin Warsh, could face new challenges if he assumes control of the central bank.
