Government
Australia's deaths to outnumber births by 2060s, report says
Australia's deaths to outnumber births by 2060s, report says Share Australia's deaths to outnumber births by 2060s, report says on social media Australia will see more deaths than births by the 2060s, hitting a milestone already surpassed by advanced economies including Japan, Germany and France, according to a government report. In its latest Intergenerational Report released on Monday, Australia's Treasury forecast that the country's population will hit 39.3 million by 2065-66, 1.8 million lower than projected in its last outlook in 2023. The number of Australians aged 85 or older is projected to triple by 2065-66, with immigration accounting for all population growth as the fertility rate falls to 1.34, the Treasury said. Despite plunging birthrates, the Treasury said it expects the economy to more than double in size by the mid-2060s, citing productivity gains due to artificial intelligence and greater workforce participation by women and older Australians. Treasurer Jim Chalmers said that while Australia's economy faces serious risks due to the demographic shift, it also holds "substantial" advantages compared with its peers.
Nvidia boss says there is '0% chance' AI destroys the world by 2030
Nvidia's Jensen Huang said predictions of an extinction-level event caused by AI were'not grounded in science'. Nvidia's Jensen Huang said predictions of an extinction-level event caused by AI were'not grounded in science'. Nvidia boss says there is '0% chance' AI destroys the world by 2030 Jensen Huang dismisses warnings from former Anthropic researcher and others as'doomsday narratives' The boss of the chipmaker Nvidia has said AI will not develop to a point that will lead to the extinction of the human race within a few years, rejecting such assertions as overblown "doomsday narratives". Jensen Huang, the co-founder and chief executive of the $5tn AI chipmaker, said the claims made on social media by the former Anthropic researcher Jacob Coxon that AI could become "superhuman" and kill off humanity within the decade was "irresponsible". "2030 is not going to be the end of the world. There is 0% chance that's going to be the end of the world," Huang said in an interview with CBS News. "Scaring people is unnecessary. Coxon's remarks, which were backed by two other researchers at the maker of the AI Claude, prompted an international debate about the dangers and lack of oversight of AI as companies race to develop ever more powerful models. US lawmakers have criticised AI companies over the risks and Anthropic published a threat intelligence report detailing how criminals, state-sponsored groups, spyware vendors, scientists and propagandists have tried to use its powerful AI models to design missiles and bombs, create deadly pathogens and spy on dissidents. Dario Amodei, the chief executive of Anthropic, Sam Altman, the boss of the ChatGPT maker OpenAI, and Elon Musk have called for development of the technology to be slowed down. However, Donald Trump has dismissed anxiety over the AI development as a "hoax" and a "conspiracy", adding that a slowdown could give China the edge. On Sunday, Scott Bessent, the US Treasury secretary, said the US and China had agreed to set up an AI dialogue mechanism to alert each other to help contain the technology's potential dangers. Huang insisted that predictions of an extinction-level event caused by AI were "not grounded in science". "Our company's success is directly connected to the safe deployment of products and services," he said. "If we don't continue to do that, our value would be diminished.
US and China discuss AI safety plan ahead of Trump-Xi summit
Image caption, US Treasury Secretary Scott Bessent met China's Vice Premier He Lifeng Top US and Chinese officials have discussed creating a new notification mechanism for AI incidents that could affect national security, Treasury Secretary Scott Bessent told reporters on Sunday. Bessent made the comments after what he called successful talks with Chinese Vice Premier He Lifeng in New York. The meeting came as US President Donald Trump and his Chinese counterpart Xi Jinping are due to hold a summit in Washington later this week. AI has come under intense scrutiny in recent days after researchers warned of the potential risks posed by the technology and some of the industry's most high profile figures called for developers to take a more cautious approach. We think that, just like with any cross-border activity, that moving from opaque to more transparency between the number one and the number two AI powers in the world is very important, Bessent told reporters after the talks.
Harrison Butker drills game-winner as Chiefs survive overtime thriller against Colts
Cowboys' Cobie Durant gets stepped on in worst place possible during win over Commanders Browns' Deshaun Watson may have silenced doubters after outlasting Baker Mayfield and 2-hour weather delay Bengals' Ja'Marr Chase scores jaw-dropping first touchdown of the season after lackluster Week 1 start Mississippi gov trolls Lane Kiffin, LSU after Ole Miss defeats Tigers in coach's return to Oxford Comedian Tim Dillon slams Sydney Sweeney critics upset with steamy ad: 'How insane is that? Lane Kiffin couldn't help himself, takes petty shot at Ole Miss fans after LSU loss in his return to Oxford Trump-Xi mini summit will require some'finesse': Brian Kilmeade China wants to dominate the future and will'cripple' the US to do so, expert says The'summer of the DSA' presented the Republicans with a life jacket: Hugh Hewitt Congress is moving in the'right direction' on AI: Sen Mike Rounds Pentagon admits US has space weapons in Earth's orbit Pentagon admits US has space weapons in Earth's orbit Harrison Butker drilled a 40-yard game-winner as time expired after Laquon Treadwell's 48-yard catch forced extra time Steve Sarkisian owes ESPN and reporters Laura Rutledge and Holly Rowe zero apologies, yet days later, he's on Zoom acting like he committed a crime. The Kansas City Chiefs survived a grueling 33-30 brawl against the Indianapolis Colts on Sunday night, grinding out a victory that went straight down to the final second of overtime. Harrison Butker predictably split the uprights to give KC a 30-27 lead in extra time, but Indy stubbornly refused to throw in the towel. For a tame four quarters, action rocketed in overtime, notably when Colts QB Daniel Jones connected with Laquon Treadwell on a 48-yard bomb deep into Chiefs territory, setting up a game-tying field goal by Spencer Shrader to make it 30-30.
SoftBank seeks over 11 billion in junk bonds for OpenAI bet
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks at the SoftBank World forum in Tokyo in July. SoftBank Group is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son's conglomerate ramps up its investments in ChatGPT creator OpenAI. The company is looking to issue $10 billion of dollar securities across three tenors, and €1 billion ($1.1 billion) of euro notes across two maturities, according to the people, who asked not to be identified as the discussions are private. The money will be used in part to fund a follow-on investment in OpenAI expected to close next month, the people said. The deal may price on Thursday, they added.
More Australians will be dying than being born in 40 years as major report predicts future of lower growth
The treasurer said the'intergenerational report illuminates the road ahead'. The treasurer said the'intergenerational report illuminates the road ahead'. There will be more Australians dying than being born in 40 years' time, according to the government's latest intergenerational report, which lays bare the fundamental challenges of managing an ageing population at a time of rapid change and lower economic growth. The country's seventh IGR also outlines how Australia is at the cusp of a new and uncertain age of artificial intelligence that will shape the economy and society over the coming four decades. Jim Chalmers, in a speech at the Australian National University to coincide with the release of the analysis, said "this intergenerational report illuminates the road ahead".
Bessent hails 'very successful' China talks on AI and trade
Bessent hails'very successful' China talks on AI and trade U.S. Treasury Secretary Scott Bessent lauded "very successful" talks with his Chinese counterparts that spanned artificial intelligence, trade and investment ahead of this week's summit between leaders Donald Trump and Xi Jinping. Bessent, speaking to reporters after hours of talks in New York with China's Vice Premier He Lifeng and other officials, said the two sides agreed to set up a dialogue on AI aimed at reaching a common understanding on goals and threats. They plan to meet again, with top Chinese trade negotiator Li Chenggang saying the talks were held in a good atmosphere and a working group would continue discussions on Monday. "The U.S. has proposed that we have a notification mechanism between the two countries, and we want a shared vision of common goals and common threats," Bessent said, adding that it would be called the "U.S.-China AI dialogue." Later this week, Trump is scheduled to host Xi at the White House in the Chinese leader's first state visit to Washington in more than a decade.
Taylor Swift has savage celebration after Travis Kelce scores first touchdown of 2026 season
Cowboys' Cobie Durant gets stepped on in worst place possible during win over Commanders Browns' Deshaun Watson may have silenced doubters after outlasting Baker Mayfield and 2-hour weather delay Bengals' Ja'Marr Chase scores jaw-dropping first touchdown of the season after lackluster Week 1 start Mississippi gov trolls Lane Kiffin, LSU after Ole Miss defeats Tigers in coach's return to Oxford Comedian Tim Dillon slams Sydney Sweeney critics upset with steamy ad: 'How insane is that? Lane Kiffin couldn't help himself, takes petty shot at Ole Miss fans after LSU loss in his return to Oxford Congress is moving in the'right direction' on AI: Sen Mike Rounds Pentagon admits US has space weapons in Earth's orbit Pentagon admits US has space weapons in Earth's orbit Opposition to AI data centers is'organic': Americans for Responsible Innovation president Blazin' 5 for Week 2: Vikings keep it close vs. Colin Cowherd lists his best bets entering Week 2 of the 2026/27 NFL season, including the Minnesota Vikings and Chicago Bears playing a close game, and the Kansas City Chiefs being upset by the Indianapolis Colts. Travis Kelce woke up Taylor Swift and the friends in her suite at Arrowhead Stadium on Sunday night in the first quarter of the Kansas City Chiefs' matchup against the Indianapolis Colts. Patrick Mahomes and the Chiefs capitalized on a turnover.
The Papers: 'Russia to test Nato pact' and 'Labour eye tax raid'
'Russia to test Nato pact' and'Labour eye tax raid' Image caption, The Guardian reports that European intelligence officials are raising the possibility of an imminent Russian attack on Nato territory, with one telling the paper it could happen within months not years. The paper also carries comments from Poland's Prime Minister Donald Tusk, who has said intelligence reports suggest it would be part of Moscow's efforts to test whether Article 5 - which holds that Nato members will come to the defence of an ally under attack - is more theoretical than practical. Image caption, The flames of war are pictured on the front page of the Financial Times following Ukraine's latest drone attack on Moscow, described by the city's mayor as the largest attack to date on the Russian capital. The FT also reports that big tech firms have issued up to $300bn in guarantees to back debt for AI data centres and chips in the past year, but are recording little of that exposure on their balance sheets. Image caption, The Daily Telegraph, like several of Monday's papers, leads with speculation Prime Minister Andy Burnham and Chancellor John Healey are eyeing up a tax raid in the upcoming Budget.