Alarm bells 🔔 - Ex-Anthropic employee gives grave AI warning, BMO comes for challenger banks.

Anthropic researchers are warning that frontier AI systems could pose an existential threat within the next decade, as concerns grow that models are nearing the ability to improve themselves while leading labs remain locked in a race to build them first. Plus, BMO will become the first of Canada’s Big Five banks to offer commission-free stock, options, and ETF trading, a bid to win younger investors and blunt the advantage enjoyed by digital brokerages and challenger banks. And in The Big Picture: Apple unveils its US$2,000 foldable iPhone, Unifor asks Ottawa to penalize companies th...