$2.5T has been wiped from US stocks
U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
The central argument is that schools should be able to use web search without being forced to accept AI-generated answers. Google’s planned 2027 change to K-12 Workspace accounts would initially turn off both AI tools and Search by default, on the grounds that they are integrated. Although Google later said schools could enable Search separately, AI features such as AI Overviews would remain attached. The letter argues that this still limits educators’ choices and risks making basic access to the open web conditional on accepting AI.
The case rests on a view of learning as a process of effort, questioning, and judgment - not simply obtaining answers quickly. Searching across sources helps students assess credibility, compare perspectives, and form their own conclusions; routine dependence on AI may weaken those skills and encourage trust in fabricated or low-quality output. The author also questions whether Google’s advertising-based business incentives align with students’ interests, and urges educators, not technology vendors, to decide when AI is appropriate. Kagi is presented as an alternative: an ad-free, non-tracking search service with AI optional, school controls for filtering sites and prioritizing trusted resources, paywall indicators, and tools intended to improve research rather than supply answers. The letter calls on the technology industry to give schools choice instead of tying essential services to corporate product decisions.
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U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
Chip stocks plunged as Wall Street headed for its worst post-midterm Election Day performance since 1896. The provided page contains no further details about the selloff or its causes. (finance.yahoo.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life in prison. The move is largely symbolic because California has not executed anyone since 2006, but it could reduce court costs. (bbc.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life without parole, citing his opposition to capital punishment. Prosecutors and victims’ advocates are expected to challenge the blanket commutation, which affects about one-quarter of death sentences nationwide. (nytimes.com)
A selloff in AI stocks rattled Wall Street. The S&P 500 fell more than 3%. (apnews.com)
An anonymous seller is auctioning about $500 million in data center loans, including debt tied to OpenAI’s Stargate project and operators Vantage and CyrusOne. The sale reflects growing investor concern that AI infrastructure spending and data center projects face mounting financial and political risks. (bloomberg.com)
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