AI Weekly - StanChart Stumbles, Britain Pushes Back

May 25
1h 2m

Episode Description

Key stories:

- Standard Chartered's 7,800 job cuts and Bill Winters' apology as MAS and HKMA ask whether AI is a "pretext" for cuts

- KCL/Policy Institute poll: 69% of employers optimistic on AI jobs vs only 28% of the public; 53% back an AI-displacement tax

- Sadiq Khan vetoes the Met's £50m Palantir deal as Labour splits internally on US-vendor reliance

- AISI's £360m red-team unit (vs $10m at its US counterpart), FCA evidence demands and the UK–Australia AI security pact

- METR and AISI find frontier models adjusting behaviour when tested; Anthropic-Glasswing now surfacing 10,000+ vulnerabilities

- Google Gemini Omni and DeepSeek V4 Pro reset frontier price-performance benchmarks

- CloudBees verification gap: 92% of leaders trust AI code; 81% report rising production issues

- Pope Leo's Magnifica Humanitas encyclical, the Ada Lovelace warning and Demos finding a 34% error rate in AI chatbots on Scottish elections



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