Australia's central bank sees AI hitting young workers in software and customer service first
Research from Australia's central bank finds that since ChatGPT launched, job postings and employment for 15- to 24-year-olds in AI-exposed fields like software and customer service have fallen more than for older workers. The author warns that business cycles and remote work trends could also explain the drop.
Young people starting careers in exposed fields may face fewer entry-level openings and should plan skills accordingly.
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OpenAI rolls out ChatGPT Wallet so AI agents can buy things without seeing your card number
OpenAI began rolling out ChatGPT Wallet, which lets its agents pay for purchases using a stand-in card number, so card details are not shared with the agent or the merchant. It was built with American Express, Mastercard and Visa, starts with US Pro subscribers, and requires biometric approval for each purchase.
Why it mattersLetting AI agents spend money for you is now a real product, so shoppers and merchants need to understand how approvals, tokenized cards and agent blocking will work.
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Meta's Muse agent can now phone businesses for paying US subscribers
Meta's AI agent Muse can now call businesses such as cable providers and restaurants for paying US subscribers, and Meta says the agent has over 10 million users. Similar features exist from Google Gemini, Instinct and xAI, but many businesses hang up once they detect an AI caller.
Why it mattersAI agents calling on your behalf are becoming common, so businesses must decide how to handle them and consumers should expect mixed results.
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FBI says North Korean hackers stole over $400 million in crypto using deepfake video calls
The FBI says hackers tied to North Korea stole more than $400 million in cryptocurrency over 18 months in a social engineering scheme codenamed FaceStealer that used deepfake video calls. The finding was part of a coordinated set of US government actions.
Why it mattersA familiar face on a video call is no longer proof of identity, so crypto firms and finance teams need extra checks before moving money.
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Google releases Gemini 4 Hydrogen, now the default model in Search AI Mode
Google launched Gemini 4 Hydrogen, which it says handles multi-part questions, typos and very specific requests better, and it replaces the Flash series. It is available today in Search, the Gemini app, AI Studio, the Gemini API and Gemini for business.
Why it mattersBillions of searches and many developer apps will now run on this model, and independent tests suggest it offers near-top quality for less money than some rivals.
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Report says risky financial guarantees, not just personal scandal, drove Jensen Huang's Nvidia exit
A Wall Street Journal report suggests Jensen Huang left Nvidia largely over risky business practices, including billions in financial guarantees to cloud providers and a planned $250 billion deal with OpenAI. Interim CEO Colette Kress had tried to limit that risk.
Why it mattersHow Nvidia handles these guarantees under new leadership could affect AI infrastructure funding across the industry.
