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The Latest Breaking News from Charles Goodhart

AI systems are great at tests. But how do they perform in real life?

Earlier this month, when OpenAI released its latest flagship artificial intelligence (AI) system, GPT-5, the company said it was “much smarter across the board” than earlier models. Backing up the claim were high scores on a range of benchmark tests assessing domains such as software coding, mathematics and healthcare.

The Conversation

Michele Bullock: what you need to know about the RBA’s new governor

The Reserve Bank ‘lifer’ will succeed Philip Lowe in the top job. Who is Michele Bullock and what has been the reaction to her appointment?

The Guardian - AU

Trigger recession to tame inflation, say economists – as Bank set to hike interest rates

‘There’s no other way around it’, says Jeremy Hunt adviser on looming UK recession

The Independent UK

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