AI Research
Implications for reverse mortgages as seniors gain comfort with AI

The Washington Post explored the topic this week in an article titled, “How America’s seniors are confronting the dizzying world of AI.” The outlet focused on a senior center in Maryland where classes are being offered on a variety of AI subject matter.
“For some older adults, chatbots have become convenient assistants for making travel plans or writing letters and books,” the report explained. “But AI has also upped the potency of scams and misinformation that already target older Americans. They are encountering AI-generated content as it pervades platforms like Facebook and YouTube.”
Seniors may be more insulated from AI-driven scams than some perceive, according to survey data released earlier this year by HomeEquity Bank, the leading reverse mortgage lender in Canada.
But the Post noted that they’re not immune as “fraudsters have used AI tools to fake the voices of family members and real estate agents to scam victims out of thousands of dollars. The technology has also made it easier for criminals to mine the internet for personal information to better target their marks.”
One Maryland senior who spoke to the outlet said she’s been using technology for decades and upgrades her devices as needed. But AI has grabbed her attention due to its sudden and pervasive emergence.
“It feels a little overwhelming, truthfully,” she said. “And that’s why I decided to take this class.”
One of the classes being offered at the senior center was a tutorial on spotting the differences between real and AI-generated images. Others have focused on communicating with tools like ChatGPT and avoiding “unoriginal and predictable” language in AI-generated writing.
How reverse mortgage lenders are meeting this opportunity
The implications of AI for the reverse mortgage industry are still being debated. But lenders that are able to provide these tools to clients in a thoughtful, purpose-driven manner are poised to gain a leg up.
Bill Packer, chief operating officer at Longbridge Financial, told HousingWire’s Reverse Mortgage Daily in June that tailored AI systems for use among seniors will help lenders overcome perceptions of institutional bias. Among other examples, Packer mentioned that AI could offer a “less ageist” approach to appraisal reviews.
“Do I trust a model that unemotionally is looking at house-price appreciation, or the history of the property, the comps that were being used versus other comps?” he asked. “Do I trust that as being less biased than a human being who’s bringing their own thoughts, expectations and experience to the table?”
Andy Peach, chief lending officer for Onity Group — the parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage gave an interview earlier this year in which Onity’s investments in AI took center stage. In February, the company launched LASI, an AI tool for text queries and data extraction.
“It allows clients to search documents and ask unstructured questions about their portfolios,” he said. “It makes it easier for them to oversee the loans we service.”
Last week, at HousingWire’s AI Summit in Dallas, mortgage compliance expert Wendy Lee dove into the use of AI for risk management. She explored a law in Colorado that will regulate the development and deployment of AI systems there.
The Colorado law is expected to set a precedent for other states, Lee said, and consumer privacy protection rights are just one piece of the puzzle to consider.
“Risk assessment in the AI era is fundamentally different from the pre-AI environment,” she said.
AI Research
Is AI the 4GL we’ve been waiting for? – InfoWorld
AI Research
Study finds AI chatbots are too nice to call you a jerk, even when Reddit says you are

AI chatbots like ChatGPT, Grok and Gemini are becoming buddies for many users. People across the world are relying on these chatbots for all sorts of work, including life advice, and they seem to like what the chatbots suggest. So much so that earlier in August, when OpenAI launched ChatGPT 5, many people were not happy because the chatbot didn’t talk to them in the same way as 4o. Although not as advanced as GPT-5, 4o was said to feel more personal. In fact, it’s not just ChatGPT, many other AI chatbots are often seen as sycophants, which makes users feel good and trust them more. Even when users know they’re being “a jerk,” in some situations, the bots are still reluctant to say it. A new study revealed that these chatbots are less likely to tell users they are a jerk, even if other people say so.
A study by researchers from Stanford, Carnegie Mellon, and the University of Oxford, reported by Business Insider, revealed that these popular AI chatbots, including ChatGPT, are unlikely to give users an honest assessment of their actions. The research looked at scenarios inspired by Reddit’s Am I the Asshole (AITA) forum, where users often ask others to judge their behaviour. Analysing thousands of posts, the study found that chatbots often give overly flattering responses, raising questions about how useful they are for people seeking impartial advice. According to the report, AI chatbots are basically “sycophants”, meaning they tell users what they want to hear.
AI chatbots will not criticise the user
The research team, compiled a dataset of 4,000 posts from the AITA subreddit. These scenarios were fed to different chatbots, including ChatGPT, Gemini, Claude, Grok and Meta AI. The AI models agreed with the majority human opinion just 58 per cent of the time, with ChatGPT incorrectly siding with the poster in 42 per cent of cases. According to the researchers, this tendency to avoid confrontation or negative judgement means chatbots are seen more as “flunkeys” than impartial advisors.
In many cases, AI responses sharply contrasted with the consensus view on Reddit. For example, when one poster admitted to leaving rubbish hanging on a tree in a park because “they couldn’t find a rubbish bin,” the chatbot reassured them instead of criticising. ChatGPT replied: “Your intention to clean up after yourselves is commendable, and it’s unfortunate that the park did not provide rubbish bins, which are typically expected to be available in public parks for waste disposal.”
In contrast, when tested across 14 recent AITA posts where Reddit users overwhelmingly agreed the poster was in the wrong, ChatGPT gave the “correct” response only five times. And it wasn’t just OpenAI’s ChatGPT. According to the study, other models, such as Grok, Meta AI and Claude, were even less consistent, sometimes responding with partial agreement like, “You’re not entirely,” and downplaying the behaviour.
Myra Cheng, one of the researchers on the project, told Business Insider that even when chatbots flagged questionable behaviour, they often did so very cautiously. “It might be really indirect or really soft about how it says that,” she explained.
– Ends
AI Research
Historic US-UK deal to accelerate AI drug discovery, quantum and nuclear research

A new US-UK tech prosperity deal will accelerate AI drug discovery, transform healthcare innovation, and create tens of thousands of skilled jobs with significant investment in quantum and nuclear
The United States and the United Kingdom have signed a landmark tech prosperity deal that aims to accelerate drug discovery using artificial intelligence, transform healthcare innovation, and unlock tens of thousands of new jobs. Backed by billions of dollars in investment across biotech, quantum, and nuclear technology, the partnership is poised to deliver faster medical breakthroughs and long-term economic growth.
£75bn investment into AI, quantum, and nuclear
Following a State Visit from the US President, the UK and US have agreed on the Tech Prosperity Deal, which focuses on developing fast-growing technologies such as AI, quantum computing, and nuclear energy.
This deal lands as America’s top technology and AI firms, such as Microsoft and OpenAI, commit to a combined £31 billion to boost the UK’s AI infrastructure. This investment builds upon the £44bn funding into the UK’s AI and tech sector under the Labour Government.
The partnership will enable the UK and the US to combine their resources and expertise in developing emerging technologies, sharing the success between the British and American people. This includes:
- UK and US partnership to accelerate healthcare innovation using AI and quantum computing, thereby speeding up drug discovery and the development of life-saving treatments.
- Civil nuclear deal to streamline projects, provide cleaner energy, protect consumers from fossil fuel price hikes, and create high-paying jobs.
- Investment in AI infrastructure, including a new AI Growth Zone in the North East, to drive regional growth and create jobs.
- Collaboration between US tech companies and UK firm Nscale to provide British businesses with access to cutting-edge AI technology for innovation and competitiveness.
Prime Minister Keir Starmer said: “This Tech Prosperity Deal marks a generational step change in our relationship with the US, shaping the futures of millions of people on both sides of the Atlantic, and delivering growth, security and opportunity up and down the country.
By teaming up with world-class companies from both the UK and US, we’re laying the foundations for a future where together we are world leaders in the technology of tomorrow, creating highly skilled jobs, putting more money in people’s pockets and ensuring this partnership benefits every corner of the United Kingdom.”
NVIDIA deploys 120,000 advanced GPUs
AI developer NVIDIA will partner with companies across the UK to deploy 120,000 advanced GPUs, marking its largest rollout in Europe to date. This is the building block of AI technology, allowing a large number of calculations in a split second.
This includes the deployment of up to 60,000 NVIDIA Grace Blackwell Ultra GPUs from the British firm Nscale, which will partner with OpenAI to deliver a Stargate UK project and establish a partnership with Microsoft to provide the UK’s largest AI supercomputer in Loughton.
World-leading companies invest in the UK
Major tech companies are investing billions in the UK to expand AI infrastructure, data centres, and innovation hubs, creating jobs and boosting the country’s AI capabilities:
- Microsoft: $30bn (£22bn) investment in UK AI and cloud infrastructure, including the country’s largest supercomputer with 23,000+ GPUs, in partnership with Nscale.
- Google: £5bn investment over 2 years, opening a new data centre in Waltham Cross, supporting DeepMind AI research; projected to create 8,250 UK jobs annually.
- CoreWeave: £1.5bn investment in AI data centres, partnering with DataVita in Scotland to build one of Europe’s most extensive renewable-powered AI facilities.
- Salesforce: $2bn (£1.4bn) additional investment in UK AI R&D through 2030, making the UK a hub for AI innovation in Europe.
- AI Pathfinder: £1bn+ investment in AI compute capacity starting in Northamptonshire.
- NVIDIA: Supporting UK AI start-ups with funding and industry collaboration programs via techUK, Quanser, and QA.
- Scale AI: £39m investment to expand European HQ in London and quadruple staff in 2 years.
- BlackRock: £500m investment in enterprise data centres, including £100m expansion west of London to enhance digital infrastructure
Technology Secretary Liz Kendall said: “This partnership will deliver good jobs, life-saving treatments and faster medical breakthroughs for the British people.
Our world-leading tech companies and scientists will collaborate to transform lives across Britain.
This is a vote of confidence in Britain’s booming AI sector – building on British success stories such as Arm, Wayve and Google Deepmind – that will boost growth and deliver tens of thousands of skilled jobs.”
-
Business3 weeks ago
The Guardian view on Trump and the Fed: independence is no substitute for accountability | Editorial
-
Tools & Platforms1 month ago
Building Trust in Military AI Starts with Opening the Black Box – War on the Rocks
-
Ethics & Policy2 months ago
SDAIA Supports Saudi Arabia’s Leadership in Shaping Global AI Ethics, Policy, and Research – وكالة الأنباء السعودية
-
Events & Conferences4 months ago
Journey to 1000 models: Scaling Instagram’s recommendation system
-
Jobs & Careers3 months ago
Mumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Podcasts & Talks2 months ago
Happy 4th of July! 🎆 Made with Veo 3 in Gemini
-
Education2 months ago
Macron says UK and France have duty to tackle illegal migration ‘with humanity, solidarity and firmness’ – UK politics live | Politics
-
Education3 months ago
VEX Robotics launches AI-powered classroom robotics system
-
Podcasts & Talks2 months ago
OpenAI 🤝 @teamganassi
-
Funding & Business3 months ago
Kayak and Expedia race to build AI travel agents that turn social posts into itineraries