Decoded by POLITICO

Rohit Chopra knows the makings of an economic crisis when he sees one. And Chopra — a top consumer protection watchdog under Joe Biden who was ousted by Donald Trump — thinks the current administration is ill-prepared to handle the fallout of a possible AI bubble. Plus, jury selection continues  in the Los Angeles Superior Court’s second bellwether trial on alleged social media youth addiction, with plaintiffs bringing claims against both Snap and Meta. For more news and analysis, subscribe to the Decoded newsletter: politico.com/decoded  Learn more about your ad choices. Visit megaphone.fm/adchoices

illionaire opponents of California’s proposed wealth tax have spent more fighting it than they ever have on a political cause in the state, according to a Decoded by POLITICO analysis. Plus, Decoded by Politico can exclusively report that Open AI I is standing up an election “war room” ahead of the midterms. For more news and analysis, subscribe to the Decoded newsletter: politico.com/decoded Learn more about your ad choices. Visit megaphone.fm/adchoices

Anthropic CEO Dario Amodei warned investors that his lab’s AI models could threaten humanity as he prepares for what may be the largest initial public offering of all time, but Wall Street isn't as concerned about the extensional risk of AI, yet investors are likely to focus on risks with clearer financial impacts. Plus, Nathan Calvin of Encode AI — one of the most influential AI policy organizations in Washington —speaks to Decoded by Politico about his recent X thread with Amodei, and his reactions to Anthropic's recent filings. For more news and analysis, subscribe to the Decoded newsletter: politico.com/decoded  Learn more about your ad choices. Visit megaphone.fm/adchoices

CEOs outside the tech world are racing to integrate AI into their businesses as they prepare for the dawn of a new economy. But they’ve been slower to establish guardrails — potentially exposing them to multi-million-dollar claims. Plus, after months of pouring money into the midterms, rival AI super PAC groups significantly curtailed their visible spending during a crucial stretch before the elections. For more news and analysis, subscribe to the Decoded newsletter: politico.com/decoded  Learn more about your ad choices. Visit megaphone.fm/adchoices

Sunday’s run-off vote in Brazil won’t just decide the fate of President Luiz Inácio Lula da Silva and the Bolsonaro clan with which he has sparred for the last decade. It may also determine the future of one of Silicon Valley’s top overseas boogeymen, in Latin America’s largest market. Brazil’s Supreme Electoral Tribunal has emerged as the democratic world’s most aggressive governmental enforcer of political speech. Plus, David Shor, the head of data research at Blue Rose joins the show to talk about the firm’s latest survey on voters’ beliefs that AI is a bubble. For more news and analysis, subscribe to the Decoded newsletter: politico.com/decoded Learn more about your ad choices. Visit megaphone.fm/adchoices