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According to The Times, senior British officials have expressed concern that US AI companies are deliberately exaggerating the risks of their technology for their own economic benefit. British Prime Minister Burnham stated at the UN General Assembly that global regulation of AI must be strengthened and a "uniform set of global principles and standards" must be established. He stated that while AI could bring transformative benefits to the economy, education, and healthcare, it could also become "a potential source of disruption to the way we live and work." However, British government officials privately believe that AI companies are driven by profit to exaggerate their technological capabilities. One official stated, "These companies have an incentive to raise the alarm: they increase sales by exaggerating the capabilities of their models, while simultaneously squeezing out competitors by creating a situation where only they can bear the costs of regulatory restrictions." The official also stated that because the most advanced large-scale AI models are currently controlled by US companies, the UK's ability to regulate the industry is limited. The official said, "Public messaging to Parliament and the public must reflect concern and give the impression that we are taking action. But in reality, all we can do is try to persuade the White House to involve the UK in the regulatory framework they have developed."
The NI225 closed up 495.04 points, or 0.76%, at 65,513.99 on Thursday, September 24.
The governor stated that a Russian attack in the Kharkiv region of Ukraine has resulted in six deaths.
Russian Defense Ministry: Russian forces struck two logistics centers in Odessa that were storing military and dual-use supplies being shipped from Europe to Ukraine.
Russian Foreign Ministry: If the United States or other signatory states of the Comprehensive Nuclear-Test-Ban Treaty conduct nuclear tests, Russia will take appropriate countermeasures.
Australia's S&P/ASX 200 index closed down 66.00 points, or 0.75%, at 8699.30 on Thursday, September 24.

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