
Europe must change if it wants to be green and competitive, says the CEO of Mercedes
T he european green deal was supposed to become Europe's 'man on the moon' moment. It aims for a climate-neutral continent by 2050, to reconcile the challenge of maintaining a competitive economy with the needs of our planet. Now, we must avoid getting lost in space.
Chris Wright argues that most green energy policies bring only exclusion and scarcity
The key will be to develop technologies at prices attractive to China and India
Young people and city-dwellers are among those most likely to see one group's gain as another's loss
From housing to health care, the answer is to treat 'cost disease', says Jake Auchincloss
To install a loyalist, Donald Trump will have to overcome barriers in the courts, in Congress and in markets
NATO's front line needs more money, says Gundbert Scherf, but just as important is smarter technology

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Daily Mirror
5 hours ago
- Daily Mirror
Sam Altman's doomsday 'bunker' confession as OpenAI CEO fears 'bombs dropping'
OpenAI CEO Sam Altman, a key figure at the forefront of artificial intelligence technology, has admitted that he has 'reinforcement basements' which could be useful if WW3 breaks out Sam Altman has told of his 'concrete basement' as tech billionaires plan bunkers for a dystopian future and world wars. The boss of OpenAI, which makes ChatGPT, is among the super wealthy who are taking measures to protect themselves in an increasingly dangerous world. While fears of World War Three and talk of nuclear armageddon are never far away, there is also worry about the direction artificial intelligence could take, especially with the possibility that it could soon out-think humans. And then there are tech bosses, who are projecting the potential for a new dystopian world, who appear to be taking steps to protect themselves. Altman is at the forefront of AI developments with ChatGPT and he has also co-founded Worldcoin, a cryptocurrency which has a global identity network using iris scanning technology to recognise people. It comes after NATO scrambled warplanes as Russia shoots down West's F-16 fighter jet in Ukraine onslaught. Speaking on a podcast by comedian Theo Von, Altman chatted about AI's potential and also revealed he had a form of bunker at his home. 'I have underground concrete, heavy reinforcement basements but I don't have something I would call a bunker,' he said. But Von responded: 'That's a bunker dude.' So Altman replied: 'What is the difference between a basement and a bunker?' And the host said: 'A place you can hide when it all goes off or whatever.' Altman continued: 'I have been thinking actually that I should do a good version of one of those but I don't have what I would call a bunker - but it has been on my mind. Not because of AI but just because, like, people are dropping bombs in the world again.' His comments come with Facebook boss Mark Zuckerberg having also told of having a bunker - but he too has played it down by describing it as a 'little shelter' or a 'basement' in Hawaii. Meanwhile, a co-founder of OpenAI proposed building a 'doomsday bunker' which could be used by researchers for the company in an emergency "rapture" scenario, according to a new book. Ilya Sutskever is said, in the book Empire of AI by Karen Hao, to have arranged a meeting with OpenAI scientists in 2023 during which he said: 'Once we all get into the bunker…' And a confused researcher responded: 'I'm sorry, the bunker?' Sutskever replied: 'We're definitely going to build a bunker before we release AGI." It is understood he felt a bunker would be needed as he foresaw the possibility of a world war involving AGI - an artificial intelligence which exceeds human capabilities.


Daily Mail
5 hours ago
- Daily Mail
BAE boss cheers Nato spending surge as its order book swells to £75bn
BAE Systems has hiked its profit and sales guidance, as the British defence giant cashes in on an increase in military spending amid growing geopolitical conflict. The London-listed group said revenue in the first six months of the year soared 11 per cent to £14.6billion and earnings were up 13 per cent to £1.5billionn. Defence firms including BAE Systems have been boosted by a race to rearm across Europe since Russia's invasion of Ukraine three years ago. And it is set to benefit further after Nato members pledged to increase military spending to 5 per cent by 2035. '[The] Nato summit of a few weeks ago and the consensus [to increase defence spending] really underpins our confidence in the long term,' BAE chief executive Charles Woodburn said. But shares in the FTSE 100 giant dipped more than 2 per cent on Wednesday morning as investors were disappointed by the scale of the upgrade. Sales are expected to grow by 8 to 10 per cent in 2025, compared to a previous forecast of 7 to 9 per cent. Profit guidance has been upped from 8 to 10 per cent to between 9 and 11 per cent. 'Investors have lofty expectations for all defence stocks and they might have been banking on a significant upgrade to earnings guidance,' Russ Mould, investment director at AJ Bell, said. Woodburn said there might have been 'a bit of profit taking going on' on Wednesday but added that he is 'confident in the long-term outlook'. BAE Systems shares are up more than 50 per cent so far this year. BAE received £13.2billion worth of new orders in the first six months of the year, taking its order book to £75billion. And it has accelerated investment in UK facilities due to the 'deteriorating threat environment here in Europe,' Woodburn said. In the first six months of the year, it expanded its Glasgow shipbuilding site and opened a new £25million artillery factory in Sheffield. The company is on track to recruit 2,400 graduates and apprentices in the UK this year. 'We don't ourselves struggle to attract talent', Woodburn said, but warned that 'some of our supply chain may experience more challenges'. 'As the UK, across Europe and the US look to rearm and increase the pace of that, inevitably there are going to be supply chain challenges,' he said. 'We've had quite some shocks to supply chain that we have been able to navigate through,' Woodburn said, citing the Covid-19 pandemic and the start of Russia's war in Ukraine. 'It does require very active management [but] it's not something I think we can't manage,' he said.


Daily Mirror
5 hours ago
- Daily Mirror
Donald Trump confirms Jeffrey Epstein 'stole' his most well-known victim from him
Trump has given more details about the events that led to his falling out with America's most notorious paedophile, Jeffrey Epstein - and a well-known victim he claims Epstein "stole" from him Donald Trump has claimed Jeffrey Epstein "stole" his most well-known victim from him. The US President described for the first time during his trip to Scotland on Monday the events that led to his falling out with former friend Epstein. He told reporters during a Q&A session with Keir Starmer that the bust-up had been caused by Epstein doing something "inappropriate" - namely, poaching staff from him. Trump said he'd told him not to do it once, but that Epstein had repeated the behaviour, and so he'd ordered him to stay away from his Mar A Lago club in Florida's Palm Beach. As the Mirror noted the same day, Epstein's most well known victim, Virginia Giuffre, was allegedly 'hired' by Ghislaine Maxwell for Epstein while she was working in Trump's spa at Mar A Lago. And flying back to Washington from Scotland last night on Air Force One, Trump confirmed she was one of the people he'd been talking about the previous day. Trump has faced an outcry over his refusal to release more records about Epstein after promises of transparency, a rare example of strain within Trump World. Maxwell, who is currently serving 20 years for trafficking young girls for Epstein, was interviewed inside a Florida courthouse by Deputy Attorney General Todd Blanche - who was previously Trump's personal lawyer. The Justice Department has not revealed what he and Maxwell discussed. Her lawyers said Tuesday that she's willing to answer more questions from Congress if she is granted immunity from future prosecution for her testimony and if lawmakers agree to satisfy other conditions. During his trip to Scotland, Trump repeatedly refused to rule out offering Maxwell a presidential pardon. Aboard Air Force One last night, Trump said he was upset that Epstein was "taking people who worked for me." The women, he said, were "taken out of the spa, hired by him - in other words, gone." "I said, listen, we don't want you taking our people," Trump said. When it happened again, Trump said he banned Epstein from Mar-a-Lago. Asked if Giuffre was one of the employees poached by Epstein, he demurred but then said "he stole her." The White House originally said Trump banned Epstein from Mar-a-Lago because he was acting like a "creep." Giuffre died by suicide earlier this year. She claimed that Maxwell spotted her working as a spa attendant at Mar-a-Lago in 2000, when she was a teenager, and hired her as Epstein's masseuse, which led to sexual abuse. It's thought Trump's friendship with Epstein broke down years later, around 2004. Although Giuffre's allegations did not become part of criminal prosecutions against Epstein, she is central to conspiracy theories about the case. She accused Epstein of pressuring her into having sex with powerful men. Maxwell, who has denied Giuffre's allegations, is serving a 20-year-prison sentence in a Florida federal prison for conspiring with Epstein to sexually abuse underage girls. A spokeswoman for the House Oversight Committee, which requested the interview with Maxwell, said the panel would not consider granting the immunity she requested. The potential interview is part of a frenzied, renewed interest in the Epstein saga following the Justice Department's statement earlier this month that it would not be releasing any additional records from the investigation, an abrupt announcement that stunned online sleuths, conspiracy theorists and elements of Trump's political base who had been hoping to find proof of a government coverup. Since then, the Trump administration has sought to present itself as promoting transparency, with the department urging courts to unseal grand jury transcripts from the sex-trafficking investigations. A judge in Florida last week rejected the request, though similar requests are pending in New York. In a letter Tuesday, Maxwell's attorneys said that though their initial instinct was for Maxwell to invoke her Fifth Amendment right against self-incrimination, they are open to having her cooperate provided that lawmakers satisfy their request for immunity and other conditions. But the Oversight Committee seemed to reject that offer outright. 'The Oversight Committee will respond to Ms. Maxwell's attorney soon, but it will not consider granting congressional immunity for her testimony," a spokesperson said. Separately, Maxwell's attorneys have urged the Supreme Court to review her conviction, saying she did not receive a fair trial. They also say that one way she would testify 'openly and honestly, in public,' is in the event of a pardon by Trump, who has told reporters that such a move is within his rights but that he has not been not asked to do it. 'She welcomes the opportunity to share the truth and to dispel the many misconceptions and misstatements that have plagued this case from the beginning,' the lawyers said.