Axios

Americans are facing a rising tab as a multi-decade borrowing binge collides with a spike in energy prices caused by the Iran war.

The big picture: Long-term interest rates are surging, as are consumer prices.

• It's a toxic mix of near-term inflation pressures and years of fiscal imbalance.

OpenAI will not go public this year given all the safety work it needs to do, CEO Sam Altman said in a Fortune interview released Saturday.

Why it matters: Altman's comments come as fears over doomsday AI scenarios have ramped up since an Anthropic employee resigned and issued a dire warning about AI's capabilities.

Anthropic CEO Dario Amodei is calling for an immediate slowdown in the pace of AI development, warning of potentially devastating consequences in a matter of months otherwise.

• OpenAI CEO Sam Altman quickly agreed that the industry needs to slow the pace of frontier-model advances and take more steps on safety.

Why it matters: Amodei pulled no punches in a new essay, cautioning that swarms of rogue AI agents could take over the internet in as little as six months from now.