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On May 26, OpenAI CEO Sam Altman stated on Tuesday that the rapid development and application of artificial intelligence will not lead to a global 'job apocalypse,' and that this technology has not taken away as many white-collar jobs as he previously feared. He mentioned that when OpenAI launched ChatGPT in 2022, the company's predictions about the development of the technology were 'basically correct,' but their assessments of its social and economic impacts were 'quite wrong.' 'I am glad to have misjudged this issue; I originally thought that by now, the elimination of entry-level white-collar jobs would be more severe than it actually is. Now I feel I understand better why that hasn't happened, and I am obviously relieved about it.' An increasing number of global companies have announced that some positions within their organizations are being replaced by artificial intelligence. Altman acknowledged that while AI is playing an increasingly positive role in many industries and jobs, there remains an irreplaceable 'human element' in employment, as many jobs require interpersonal interaction that cannot be replaced by AI.

[OpenAI CEO: Artificial Intelligence Unlikely to Cause Job Apocalypse]On May 26, OpenAI CEO Sam Altman stated on Tuesday that the rapid development and application of artificial intelligence will not lead to a global 'job apocalypse,' and that this technology has not taken away as many white-collar jobs as he previously feared. He mentioned that when OpenAI launched ChatGPT in 2022, the company's predictions about the development of the technology were 'basically correct,' but their assessments of its social and economic impacts were 'quite wrong.' 'I am glad to have misjudged this issue; I originally thought that by now, the elimination of entry-level white-collar jobs would be more severe than it actually is. Now I feel I understand better why that hasn't happened, and I am obviously relieved about it.' An increasing number of global companies have announced that some positions within their organizations are being replaced by artificial intelligence. Altman acknowledged that while AI is playing an increasingly positive role in many industries and jobs, there remains an irreplaceable 'human element' in employment, as many jobs require interpersonal interaction that cannot be replaced by AI.

OpenAI CEO: Artificial Intelligence Unlikely to Cause Job Apocalypse

As of May 26, short positions in US stocks have reached a multi-year high, with the short position in the median stock of the S&P 500 index rising to 3.0% of market capitalization, the highest level since 2012, and equivalent to double the levels seen during the pandemic in 2020. In comparison, during the 2008 financial crisis, the short position in the median stock of the S&P 500 was 3.8%. Additionally, among the 10% of stocks in the S&P 500 with the heaviest short positions, the short position has risen to 8.0% of market capitalization, the highest level since 2018. These two indicators are even higher than during the bear market following the burst of the dot-com bubble in 2000. The market may be preparing for a potential short squeeze, where a large number of short positions being liquidated could trigger a sharp and rapid violent rally in the short term.

[Analysis: Short Positions in US Stocks Reach Highest Level Since 2012]As of May 26, short positions in US stocks have reached a multi-year high, with the short position in the median stock of the S&P 500 index rising to 3.0% of market capitalization, the highest level since 2012, and equivalent to double the levels seen during the pandemic in 2020. In comparison, during the 2008 financial crisis, the short position in the median stock of the S&P 500 was 3.8%. Additionally, among the 10% of stocks in the S&P 500 with the heaviest short positions, the short position has risen to 8.0% of market capitalization, the highest level since 2018. These two indicators are even higher than during the bear market following the burst of the dot-com bubble in 2000. The market may be preparing for a potential short squeeze, where a large number of short positions being liquidated could trigger a sharp and rapid violent rally in the short term.

Analysis: Short Positions in US Stocks Reach Highest Level Since 2012

On May 26, Alipay held the AI Payment Ecosystem Conference. At the conference, Zhuang Zheng, the director of the Ant Group Research Institute, stated, "Digital resources such as tokens, data, and tools have become the most important production factors. Tokens, data, and tools are essential fuel, sensory input, and limbs for intelligent agents." He predicted, "Token consumption will experience exponential growth, with an expected increase of over 300 times by 2030, supported by 2.2 billion active intelligent agents capable of executing up to 400 trillion tasks annually."

[Ant Group: Token Consumption Expected to Increase Exponentially, Projected to Grow Over 300 Times by 2030]On May 26, Alipay held the AI Payment Ecosystem Conference. At the conference, Zhuang Zheng, the director of the Ant Group Research Institute, stated, "Digital resources such as tokens, data, and tools have become the most important production factors. Tokens, data, and tools are essential fuel, sensory input, and limbs for intelligent agents." He predicted, "Token consumption will experience exponential growth, with an expected increase of over 300 times by 2030, supported by 2.2 billion active intelligent agents capable of executing up to 400 trillion tasks annually."

Ant Group: Token Consumption Expected to Increase Exponentially, Projected to Grow Over 300 Times by 2030

On May 26, The Smarter Web Company, a UK-based Bitcoin treasury company, increased its holdings by 10 BTC, bringing its total to 2,869 BTC, ranking 27th among publicly listed Bitcoin treasury companies.

[The Smarter Web Company Increases Holdings by 10 BTC, Total Holdings Rise to 2,869 BTC]On May 26, The Smarter Web Company, a UK-based Bitcoin treasury company, increased its holdings by 10 BTC, bringing its total to 2,869 BTC, ranking 27th among publicly listed Bitcoin treasury companies.

The Smarter Web Company Increases Holdings by 10 BTC, Total Holdings Rise to 2,869 BTC

On May 26, GoPlus issued a security alert regarding phishing scams promoting black U and anti-money laundering detection websites on the X platform. Investigations revealed that the website is a phishing site hosted on the Vercel platform, aimed at tricking users into granting wallet permissions. Users are advised not to interact with it. GoPlus recommends avoiding private transactions and using the OTC features of centralized exchanges; maintain a high level of suspicion towards unfamiliar links, especially those requiring wallet signatures or permissions; and remember the 'Four No's' of phishing prevention: do not click on unknown links, do not install software from unverified sources, do not sign transactions with unclear content, and do not transfer funds to unverified addresses.

[GoPlus: Beware of Phishing Scams Promoting Black U and AML Detection Websites on X Platform]On May 26, GoPlus issued a security alert regarding phishing scams promoting black U and anti-money laundering detection websites on the X platform. Investigations revealed that the website is a phishing site hosted on the Vercel platform, aimed at tricking users into granting wallet permissions. Users are advised not to interact with it. GoPlus recommends avoiding private transactions and using the OTC features of centralized exchanges; maintain a high level of suspicion towards unfamiliar links, especially those requiring wallet signatures or permissions; and remember the 'Four No's' of phishing prevention: do not click on unknown links, do not install software from unverified sources, do not sign transactions with unclear content, and do not transfer funds to unverified addresses.

GoPlus: Beware of Phishing Scams Promoting Black U and AML Detection Websites on X Platform

As of May 26, short positions in U.S. stocks have reached multi-year highs, with the short position of median stocks in the S&P 500 rising to 3.0% of market capitalization, the highest level since 2012, and double the levels seen during the pandemic in 2020. In comparison, during the 2008 financial crisis, the short position of median stocks in the S&P 500 was 3.8%. Additionally, among the 10% of stocks in the S&P 500 with the highest short positions, the short position has risen to 8.0% of market capitalization, the highest level since 2018. These two indicators are even higher than during the bear market following the bursting of the internet bubble in 2000. The market may be preparing for a potential short squeeze, where a large number of shorts being liquidated could trigger a sharp and rapid surge in prices in the short term.

[Analysis: U.S. Short Positions Reach Multi-Year Highs, Highest Since 2012]As of May 26, short positions in U.S. stocks have reached multi-year highs, with the short position of median stocks in the S&P 500 rising to 3.0% of market capitalization, the highest level since 2012, and double the levels seen during the pandemic in 2020. In comparison, during the 2008 financial crisis, the short position of median stocks in the S&P 500 was 3.8%. Additionally, among the 10% of stocks in the S&P 500 with the highest short positions, the short position has risen to 8.0% of market capitalization, the highest level since 2018. These two indicators are even higher than during the bear market following the bursting of the internet bubble in 2000. The market may be preparing for a potential short squeeze, where a large number of shorts being liquidated could trigger a sharp and rapid surge in prices in the short term.

Analysis: U.S. Short Positions Reach Multi-Year Highs, Highest Since 2012

On May 26, the South Korean Composite Index briefly surged by 3.61% to 8131.15 points, setting a new historic high; it ultimately closed up 2.55% at 8047.51 points, marking a record closing high with a year-to-date increase of 90.96%, continuing to lead the global bull market. Notably, SK Hynix rose by 5.7% to reach a historic high, with a year-to-date increase of 215%; Samsung Electronics increased by over 2%, with a year-to-date rise of 149%.

[KOSPI Rises 2.55% to Set New Historic High, Up 90.96% Year-to-Date]On May 26, the South Korean Composite Index briefly surged by 3.61% to 8131.15 points, setting a new historic high; it ultimately closed up 2.55% at 8047.51 points, marking a record closing high with a year-to-date increase of 90.96%, continuing to lead the global bull market. Notably, SK Hynix rose by 5.7% to reach a historic high, with a year-to-date increase of 215%; Samsung Electronics increased by over 2%, with a year-to-date rise of 149%.

KOSPI Rises 2.55% to Set New Historic High, Up 90.96% Year-to-Date

According to monitoring by Dongcha Beating, Alibaba's Tongyi Laboratory has released the 2.0 version of the multi-agent development framework, AgentScope. Compared to version 1.0, which focused on transparent development with a visual display of messages, the new version emphasizes high availability and security control of agents in real production environments, aiming to address pain points such as long task interruptions and permission control issues. In the invocation and messaging layer, the framework introduces retry and fallback model mechanisms to prevent task interruptions caused by single model timeouts. The messaging module has been restructured to support multi-modal streaming data through a Content Block, in conjunction with an event system that provides streaming output and human-in-the-loop capabilities. To address the security risks of autonomous agent operations, version 2.0 adds a permission system that can statically and dynamically intercept high-risk shell commands and sensitive file read/write operations. Additionally, version 2.0 introduces Workspace environment abstraction, decoupling the business logic of agents from their execution environments. The same agent can run locally, in Docker containers, or in E2B cloud sandboxes without code modification; combined with a warm pool mechanism, it reduces the overhead of container creation in high-concurrency scenarios such as reinforcement learning. Currently, the framework has completed the upgrade of the Python version to 2.0, and a new TypeScript version has been launched, with a Java version expected to follow soon.

[Alibaba Releases AgentScope 2.0: Addressing Environmental Decoupling and Security Issues for Agents]According to monitoring by Dongcha Beating, Alibaba's Tongyi Laboratory has released the 2.0 version of the multi-agent development framework, AgentScope. Compared to version 1.0, which focused on transparent development with a visual display of messages, the new version emphasizes high availability and security control of agents in real production environments, aiming to address pain points such as long task interruptions and permission control issues. In the invocation and messaging layer, the framework introduces retry and fallback model mechanisms to prevent task interruptions caused by single model timeouts. The messaging module has been restructured to support multi-modal streaming data through a Content Block, in conjunction with an event system that provides streaming output and human-in-the-loop capabilities. To address the security risks of autonomous agent operations, version 2.0 adds a permission system that can statically and dynamically intercept high-risk shell commands and sensitive file read/write operations. Additionally, version 2.0 introduces Workspace environment abstraction, decoupling the business logic of agents from their execution environments. The same agent can run locally, in Docker containers, or in E2B cloud sandboxes without code modification; combined with a warm pool mechanism, it reduces the overhead of container creation in high-concurrency scenarios such as reinforcement learning. Currently, the framework has completed the upgrade of the Python version to 2.0, and a new TypeScript version has been launched, with a Java version expected to follow soon.

Alibaba Releases AgentScope 2.0: Addressing Environmental Decoupling and Security Issues for Agents

According to Yonhap News, a South Korean court has rejected a request to suspend negotiations with Samsung's main union.

[Yonhap News: South Korean Court Rejects Request to Suspend Samsung's Main Union Negotiations]According to Yonhap News, a South Korean court has rejected a request to suspend negotiations with Samsung's main union.

Yonhap News: South Korean Court Rejects Request to Suspend Samsung's Main Union Negotiations

According to TheBlock, crypto dwarfed other financial sectors in scam reports last year, according to a new report from the UK's financial regulator.
There were 8,568 suspected crypto scams reported to the Financial Conduct Authority during the period running from April 1, 2021 to March 31, 2022, according to an annual enforcement summary published by the agency. That's an approximately 36% increase from the same time the year before. That figure leads the board, more than doubling the runner-up scamming category of pension transfer to a new scheme.

Detail

【Crypto is lead sector for financial scam alerts in the UK: FCA】According to TheBlock, crypto dwarfed other financial sectors in scam reports last year, according to a new report from the UK's financial regulator.
There were 8,568 suspected crypto scams reported to the Financial Conduct Authority during the period running from April 1, 2021 to March 31, 2022, according to an annual enforcement summary published by the agency. That's an approximately 36% increase from the same time the year before. That figure leads the board, more than doubling the runner-up scamming category of pension transfer to a new scheme.

Crypto is lead sector for financial scam alerts in the UK: FCA

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Article

Shanghai and Shenzhen Markets Total Trading Volume Reaches 32,057.3 Billion Yuan, SMIC Leads in Trading Volume

Crypto is lead sector for financial scam alerts in the UK: FCA

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