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- Commentary Says AI Network Intrusion Costs Fell 99% in Five Months
In a commentary, Tomasz Tunguz says the estimated cost of an AI-assisted corporate network intrusion fell 99% over five months. He cites a Bank for International Settlements test in which Claude Mythos Preview and GPT-5.5 completed a simulated network takeover priced at $5,000–$10,000. His own token-pricing calculation estimates $770 for Claude Mythos 5, $385 for Claude Opus 5 and $90.20 for Zhipu’s open-weight GLM-5.3. Tunguz also reports that Goldman Sachs executives discussed spending as much or more on AI security as on AI coding tools.
Tomasz Tunguz · 🔥 0 - PBOC's Pan Gongsheng says AI may raise inflation near term, lower it long term
People's Bank of China Governor Pan Gongsheng said at the Financial Street Forum on October 19, 2026 that AI's demand and supply effects may arrive on different timelines: near term it changes micro-level efficiency, drives investment and pushes inflation up, while over the medium and long term it could raise overall productivity and lower inflation, according to an Economic Observer report republished by Huxiu AI. He said the AI boom has become one of the main drivers of global stock market gains and that global financial markets are highly correlated and volatile, and he outlined three priorities: closely tracking AI's macroeconomic impact, supporting the AI industry through finance, and prudently advancing AI use in finance. The report also says the Federal Reserve, European Central Bank, Bank of Japan, Bank of Canada, Reserve Bank of Australia and Bank of England have assessed AI's effects on investment, prices, employment, interest rates and financial stability this year, with no unified conclusion and no indication that policy has been adjusted as a result.
虎嗅 AI · 🔥 0 - Middle East conflict plus AI boom makes inflation fight harder for central banks
At the IMF and World Bank annual meetings in Bangkok, Bank of Korea Governor Shin Hyun-song said Korea sits at the intersection of the Middle East conflict and the AI boom, whose combined cost-push and demand-pull effects are worsening inflation. The Bank of Korea raised its policy rate twice in July and August to 3%, its first back-to-back hikes since January 2023, while the Bank of Japan, the Reserve Bank of India, Australia's central bank and the Philippine central bank also tightened this year. Moody's Analytics' Stefan Angrick said rate rises do little against supply shocks such as military conflict or commodity disruptions, and noted the AI boom has so far appeared relatively insensitive to interest-rate moves; a July BIS report said data-centre, semiconductor and related infrastructure spending is about 1% of GDP in the most affected economies, blurring the cyclical signals central banks rely on.
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