Scott Pelley blasts CBS News leadership under Bari Weiss
Veteran CBS correspondent Scott Pelley delivered a scathing critique of CBS News in a New York Times interview, calling the network 'on fire' and demanding Bari Weiss be removed from her role. The interview quickly became a rallying point for critics of the network's direction under the former New York Times opinion editor. Pelley's remarks have sparked wider debate about editorial independence and management competence at one of America's legacy broadcasters.
Anthropic has issued a warning that artificial intelligence systems will soon be capable of improving themselves without human intervention, urging the industry to coordinate on safety mechanisms. The company called for a potential industry-wide 'pause' in development if certain risk thresholds are crossed. Separately, AI-driven longevity research is advancing, with companies using algorithms to predict disease and combat aging.
The Nasdaq plunged 4% in its worst single-day decline since April 2025, as investors fled AI and semiconductor stocks. The S&P 500 also suffered its worst session of the year after a stronger-than-expected May jobs report raised the likelihood of further Federal Reserve interest rate hikes. Chip stocks led the rout, reversing a prolonged rally in the sector and sending Wall Street's 'fear gauge' sharply higher.
The AI industry's rapid growth is creating unexpected social and economic ripple effects, from niche service industries catering to Silicon Valley tech workers to broader generational debates about work. New graduates are increasingly vocal about their frustrations with both AI-driven automation and remote work policies. Meanwhile, consumers are questioning what value they actually receive from paid AI subscriptions.