AI industry faces recalibration as Altman delays AGI

OpenAI CEO Sam Altman has again adjusted his timeline for achieving artificial general intelligence (AGI). After earlier forecasts for 2023 and 2025, Altman suggests 2030 as a more realistic milestone. The move reflects mounting pressure and shifting expectations in the AI sector.

OpenAI’s public projections come amid challenging financials. Despite a valuation near $500 billion, the company reportedly lost $5 billion last year on $3.7 billion in revenue. Investors remain drawn to ambitious claims of AGI, despite widespread scepticism. Predictions now span from 2026 to 2060.

Experts question whether AGI is feasible under current large language model (LLM) architectures. They point out that LLMs rely on probabilistic patterns in text, lack lived experience, and cannot develop human judgement or intuition from data alone.

Another point of critique is that text-based models cannot fully capture embodied expertise. Fields like law, medicine, or skilled trades depend on hands-on training, tacit knowledge, and real-world context, where AI remains fundamentally limited.

As investors and commentators calibrate expectations, the AI industry may face a reckoning. Altman’s shifting forecasts underscore how hype and uncertainty continue to shape the race toward perceived machine-level intelligence.

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Future of work shaped by AI, flexible ecosystems and soft retirement

As technology reshapes workplaces, how we work is set for significant change in the decade’s second half. Seven key trends are expected to drive this transformation, shaped by technological shifts, evolving employee expectations, and new organisational realities.

AI will continue to play a growing role in 2026. Beyond simply automating tasks, companies will increasingly design AI-native workflows built from the ground up to automate, predict, and support decision-making.

Hybrid and remote work will solidify flexible ecosystems of tools, networks, and spaces to support employees wherever they are. The trend emphasises seamless experiences, global talent access, and stronger links between remote workers and company culture.

The job landscape will continue to change as AI affects hiring in clerical, administrative, and managerial roles, while sectors such as healthcare, education, and construction grow. Human skills, such as empathy, communication, and leadership, will become increasingly valuable.

Data-driven people management will replace intuition-based approaches, with AI used to find patterns and support evidence-based decisions. Employee experience will also become a key differentiator, reflecting customer-focused strategies to attract and retain talent.

An emerging ‘soft retirement’ trend will see healthier older workers reduce hours rather than stop altogether, offering businesses valuable expertise. Those who adapt early to these trends will be better positioned to thrive in the future of work.

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EU kicks off cybersecurity awareness campaign against phishing threats

European Cybersecurity Month (ECSM) 2025 has kicked off, with this year’s campaign centring on the growing threat of phishing attacks.

The initiative, driven by the EU Agency for Cybersecurity (ENISA) and the European Commission, seeks to raise awareness and provide practical guidance to European citizens and organisations.

Phishing is still the primary vector through which threat actors launch social engineering attacks. However, this year’s ECSM materials expand the scope to include variants like SMS phishing (smishing), QR code phishing (quishing), voice phishing (vishing), and business email compromise (BEC).

ENISA warns that as of early 2025, over 80 percent of observed social engineering activity involves using AI in their campaigns, in which language models enable more convincing and scalable scams.

To support the campaign, a variety of tiers of actors, from individual citizens to large organisations, are encouraged to engage in training, simulations, awareness sessions and public outreach under the banner #ThinkB4UClick.

A cross-institutional kick-off event is also scheduled, bringing together the EU institutions, member states and civil society to align messaging and launch coordinated activities.

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DualEntry raises $90m to scale AI-first ERP platform

New York ERP startup DualEntry has emerged from stealth with $90 million in Series A funding, co-led by Lightspeed and Khosla Ventures. Investors include GV, Contrary, and Vesey Ventures, bringing the total funding to more than $100 million within 18 months of the company’s founding.

The capital will accelerate the growth of its AI-native ERP platform, which has processed $100 billion in journal entries. The platform targets mid-market finance teams, aiming to automate up to 90% of manual tasks and scale without external IT support or add-ons.

Early adopters include fintech firm Slash, which runs its $100M+ ARR operation with a single finance employee. DualEntry offers a comprehensive ERP suite that covers general ledger, accounts receivable, accounts payable, audit controls, FP&A, and live bank connections.

The company’s NextDay Migration tool enables complete onboarding within 24 hours, securely transferring all data, including subledgers and attachments. With more than 13,000 integrations across banking, CRM, and HR systems, DualEntry establishes a centralised source of accounting information.

Founded in 2024 by Benedict Dohmen and Santiago Nestares, the startup positions itself as a faster, more flexible alternative to legacy systems such as NetSuite, Sage Intacct, and Microsoft Dynamics, while supporting starter tools like QuickBooks and Xero.

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AI transcription tool aims to speed up police report writing

The Washington County Sheriff’s Office in Oregon is testing an AI transcription service to speed up police report writing. The tool, Draft One, analyses Axon body-worn camera footage to generate draft reports for specific calls, including theft, trespassing, and DUII incidents.

Corporal David Huey stated that the technology is designed to provide deputies more time in the field. He noted that reports that took around 90 minutes can now be completed in 15 to 20 minutes, freeing officers to focus on policing rather than paperwork.

Deputies in the 60-day pilot must review and edit all AI-generated drafts. At least 20 percent of each report must be manually adjusted to ensure accuracy. Huey explained that the system deliberately inserts minor errors to ensure officers remain engaged with the content.

He added that human judgement remains essential for interpreting emotional cues, such as tense body language, which AI cannot detect solely from transcripts. All data generated by Draft One is securely stored within Axon’s network.

After the pilot concludes, the sheriff’s office and the district attorney will determine whether to adopt the system permanently. If successful, the tool could mark a significant step in integrating AI into everyday law enforcement operations.

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FRA presents rights framework at EU Innovation Hub AI Cluster workshop in Tallinn

The EU Innovation Hub for Internal Security’s AI Cluster gathered in Tallinn on 25–26 September for a workshop focused on AI and its implications for security and rights.

The European Union Agency for Fundamental Rights (FRA) played a central role, presenting its Fundamental Rights Impact Assessment framework under the AI Act and highlighting its ongoing project on assessing high-risk AI.

A workshop that also provided an opportunity for FRA to give an update on its internal and external work in the AI field, reflecting the growing need to balance technological innovation with rights-based safeguards.

AI-driven systems in security and policing are increasingly under scrutiny, with regulators and agencies seeking to ensure compliance with EU rules on privacy, transparency and accountability.

In collaboration with Europol, FRA also introduced plans for a panel discussion on ‘The right to explanation of AI-driven individual decision-making’. Scheduled for 19 November in Brussels, the session will form part of the Annual Event of the EU Innovation Hub for Internal Security.

It is expected to draw policymakers, law enforcement representatives and rights advocates into dialogue about transparency obligations in AI use for security contexts.

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Mexico drafts law to regulate AI in dubbing and animation

The Mexican government is preparing a law to regulate the use of AI in dubbing, animation, and voiceovers to prevent unauthorised voice cloning and safeguard creative rights.

Working with the National Copyright Institute and more than 128 associations, it aims to reform copyright legislation before the end of the year.

The plan would strengthen protections for actors, voiceover artists, and creative workers, while addressing contract conditions and establishing a ‘Made in Mexico’ seal for cultural industries.

A bill that is expected to prohibit synthetic dubbing without consent, impose penalties for misuse, and recognise voice and image as biometric data.

Industry voices warn that AI has already disrupted work opportunities. Several dubbing firms in Los Angeles have closed, with their projects taken over by companies specialising in AI-driven dubbing.

Startups such as Deepdub and TrueSync have advanced the technology, dubbing films and television content across languages at scale.

Unions and creative groups argue that regulation is vital to protect both jobs and culture. While AI offers efficiency in translation and production, it cannot yet replicate the emotional depth of human performance.

The law is seen as the first attempt of Mexico to balance technological innovation with the rights of workers and creators.

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Meta faces fines in Netherlands over algorithm-first timelines

A Dutch court has ordered Meta to give Facebook and Instagram users in the Netherlands the right to set a chronological feed as their default.

The ruling follows a case brought by digital rights group Bits of Freedom, which argued that Meta’s design undermines user autonomy under the European Digital Services Act.

Although a chronological feed is already available, it is hidden and cannot be permanent. The court said Meta must make the settings accessible on the homepage and Reels section and ensure they stay in place when the apps are restarted.

If Meta does not comply within two weeks, it faces a fine of €100,000 per day, capped at €5 million.

Bits of Freedom argued that algorithmic feeds threaten democracy, particularly before elections. The court agreed the change must apply permanently rather than temporarily during campaigns.

The group welcomed the ruling but stressed it was only a small step in tackling the influence of tech giants on public debate.

Meta has not yet responded to the decision, which applies only in the Netherlands despite being based on EU law. Campaigners say the case highlights the need for more vigorous enforcement to ensure digital platforms respect user choice and democratic values.

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Oracle systems targeted in unverified data theft claims, Google warns

Google has warned that hackers are emailing company executives, claiming to have stolen sensitive data from Oracle business applications. The group behind the campaign identifies itself as affiliated with the Cl0p ransomware gang.

In a statement, Google said the attackers target executives at multiple organisations with extortion emails linked to Oracle’s E-Business Suite. The company stated that it lacks sufficient evidence to verify the claims or confirm whether any data has been taken.

Neither Cl0p nor Oracle responded to requests for comment. Google did not provide additional information about the scale or specific campaign targets.

The cl0p ransomware gang has been involved in several high-profile extortion cases, often using claims of data theft to pressure organisations into paying ransoms, even when breaches remain unverified.

Google advised recipients to treat such messages cautiously and report any suspicious emails to security teams while investigations continue.

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China’s new K visa sparks public backlash

China’s new K visa, aimed at foreign professionals in science and technology, has sparked heated debate and online backlash. The scheme, announced in August and launched this week, has been compared by Indian media to the US H-1B visa.

Tens of thousands of social media users in China have voiced fears that the programme will worsen job competition in an already difficult market. Comments also included xenophobic remarks, particularly directed at Indian nationals.

State media outlets have stepped in, defending the policy as a sign of China’s openness while stressing that it is not a simple work permit or immigration pathway. Officials say the visa is designed to attract graduates and researchers from top institutions in STEM fields.

The government has yet to clarify whether the visa allows foreign professionals to work, adding to uncertainty. Analysts note that language barriers, cultural differences, and China’s political environment may pose challenges for newcomers despite Beijing’s drive to attract global talent.

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