Former Harvard president Larry Summers has said he will step back from public commitments after his emails with disgraced financier Jeffrey Epstein were made public. I am deeply ashamed of my actions and recognise the pain they have caused, he said in a statement to CBS News, the BBC's US partner. I take full responsibility for my misguided decision to continue communicating with Mr Epstein. Emails released by Congress last week show Summers, a former US treasury secretary, communicated with Epstein until the day before the paedophile's 2019 arrest for sex trafficking minors. On Tuesday, House members are expected to vote on releasing all files related to the late sex offender.

United States President Donald Trump signed a series of executive orders on Monday aimed at reshaping military policies, including the removal of diversity, equity and inclusion programmes (DEI), reinstating service members discharged for refusing COVID-19 vaccines, and barring transgender people from military service. Earlier in the day, newly confirmed Secretary of Defense Pete Hegseth, who secured the position after a narrow Senate vote, said he would ensure the orders "are complied with rapidly and quickly". Here is the latest news from Monday and a look ahead for the week. Speaking with reporters on board Air Force One on Monday, Trump said that he signed four executive orders. Among those, Trump revealed he signed an order to establish a framework for developing what his administration calls an "American Iron Dome," a missile defence system designed to protect the homeland.

Former US Treasury secretary Larry Summers recently took exception to current US Treasury Secretary Steve Mnuchin's views on artificial intelligence (AI) and related topics. The difference between the two seems to be, more than anything else, a matter of priorities and emphasis. Mnuchin takes a narrow approach. He thinks that the problem of particular technologies called "artificial intelligence taking over American jobs" lies "far in the future." And he seems to question the high stock-market valuations for "unicorns" – companies valued at or above US$1 billion that have no record of producing revenues that would justify their supposed worth and no clear plan to do so.

BERKELEY – Former US Treasury Secretary Larry Summers recently took exception to current US Treasury Secretary Steve Mnuchin's views on "artificial intelligence" (AI) and related topics. The difference between the two seems to be, more than anything else, a matter of priorities and emphasis. Mnuchin takes a narrow approach. He thinks that the problem of particular technologies called "artificial intelligence taking over American jobs" lies "far in the future." And he seems to question the high stock-market valuations for "unicorns" – companies valued at or above $1 billion that have no record of producing revenues that would justify their supposed worth and no clear plan to do so.

The topic of automation of jobs is a source of much debate in the business world. People are worried about how many jobs will be lost to the advancement of AI, however, a recent study made PwC also added that this new technology would create new professions in the process. Yet, if the United States' Treasury Secretary, Steve Mnuchin, is to be believed the US doesn't think that its a matter worth worry about at the moment and believes that it's "50 to 100 more years away." While talking to Axios' Mike Allen on Friday, the Treasury Secretary was asked to address to concerns of people like Mark Cuban and Elon Musk regarding the potential loss of jobs to automation. His response confirmed that it isn't something this current administration is very concerned about. "We had an Axios event the other day with Mark Cuban who was very focused on artificial intelligence and how that was going to affect the workforce," Allen divulged.

Treasury Secretary Steven Mnuchin last week made a dangerously ignorant prediction. When asked about the future of artificial intelligence, automation and the workforce, this was his reply: "It's not even on our radar screen," he said at a media event, adding that significant workforce disruption due to AI is "50 to 100" years away. "I'm not worried at all" about robots displacing humans in the near future, Mnuchin said. The Trump administration has repeatedly rejected evidence-based research and objective analysis on issues that include climate and human biology. When confronted with a complicated technology, like machine learning, administration officials now appear to be rejecting curiosity, too.

Treasury Secretary Steven Mnuchin says he's "not at all" worried about robots displacing American workers, and his definition of artificial intelligence comes from Star Wars. In an interview today with Axios' Mike Allen, Mnuchin said he was unconcerned about the effects of automation, both with physical machines and artificial intelligence. "In terms of artificial intelligence taking over American jobs, I think we're so far away from that that it's not even on my radar screen," he said in response to a question from Allen. "I think it's 50 or 100 more years." When pressed, Mnuchin said that he wasn't talking about things like self-driving cars, which he believes could run from coast to coast in the not-so-distant future.