Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout

The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.

Figures from the Office for National Statistics (ONS) showed a surprise 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June. City economists had forecast zero growth.

US government adviser Paul Christiano warns of risks to AI industry as he joins OpenAI’s non-profit foundation

OpenAI is not on track to reduce the risk of “catastrophic” loss of control to an acceptable level, a member of its non-profit board has said, amid spreading public and political concern that super-advanced AIs could one day wipe out humanity.

Paul Christiano, a US government technology adviser, said: “There is a meaningful risk that rapid acceleration in AI capabilities leads to catastrophic and irreversible loss of control in the very near term.”