QtrendsScott Pelley's conflict with CBS leadership over the '60 Minutes' overhaul has cast his future at the network into doubt. AI continues to dominate markets and corporate strategy, with US stocks surging, Microsoft unveiling its first reasoning model, and companies like Meituan betting big on the technology — even as concerns mount about AI's impact on the creative economy and trading advantages. Trump has signed an executive order mandating government access to advanced AI models for national security review. Meanwhile, research from the New York Fed finds that remote work, not AI, is the bigger culprit in sidelining recent college graduates from employment.
Scott Pelley has clashed with CBS leadership over a planned overhaul of '60 Minutes,' accusing executives of 'murdering' the iconic news program. After a heated private meeting with top executives, his future at the network is now uncertain. The conflict highlights tensions between legacy journalism and corporate restructuring at major news organizations.
The US stock market continues its AI-driven surge, with artificial intelligence remaining the dominant force in valuations and investor sentiment. Meituan is betting US$1 billion on AI and robotics despite quarterly losses, while analysts warn that overcrowded AI-powered trading has eliminated the traditional '6% solution' that gave investors an edge. Meanwhile, concerns grow that AI poses an existential threat to the $12 trillion creative economy through unauthorized use of copyrighted content.
China Daily reports that AI is driving the concept of smart living forward across multiple sectors. Microsoft has unveiled its first AI reasoning model, a significant move ahead of OpenAI's planned IPO. Forbes highlights that effective AI strategy requires a data foundation that simple cleansing cannot provide, emphasizing the need for robust data infrastructure.
President Trump has signed an executive order requiring developers to grant government access to new AI models before their public launch. The order introduces national security vetting for top AI models, reflecting growing concerns about the potential risks of advanced artificial intelligence systems. The move is widely seen as a significant step in federal AI oversight.
Research from the New York Fed suggests that remote work, not artificial intelligence, is the primary factor sidelining recent college graduates from the job market. Companies appear reluctant to hire younger workers who require more training and mentoring in a remote or hybrid environment. The findings challenge the prevailing narrative that AI is the biggest disruptor of entry-level employment.