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An anonymous reader quotes a report from TechCrunch: There is a certain wildness in the tech industry these days that both mimics previous eras of large changes, like cloud computing (runaway costs in the early days), and is like nothing we've ever seen before (record revenues accompanied by mass layoffs). One possible explanation: tech executives, especially CEOs, are collectively suffering from delusions of AI grandeur. And at least one tech CEO has said as much out loud: Box founder Aaron Levie. "CEOs are uniquely prone to AI psychosis because they're sufficiently distant from the last mile of work that still has to happen to generate most value with AI," Levie wrote on X. CEOs "play with AI," develop a prototype, or generate a contract, to use Levie's examples, and then make the leap to believing agents can do the work. But these top-level executives aren't the people who have to review code, discover bugs, and identify calls to hallucinated libraries before software is deployed. They aren't responsible for training AI models on a company's idiosyncratic contract terms, nor do they have to spend days combing through contracts to find sneaky terms, as Levie indicates. In other words, Levie's theory posits, CEOs don't really understand processes well enough to know what really can and can't be automated. But that lack of knowledge doesn't stop them from acting on their beliefs. [...] So what are CEOs to do instead? Levie advises CEOs to use AI "a ton" to really see what it can and can't do, "and come out the other side with an appreciation for both the upside and the real work."

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The former The Saturdays star, 37, was treated to a PR stay at the lavish Villa Le Blanc Gran Meliá, widely celebrated as the Spanish island's first 'Grand Luxury' hotel.

The UK's vetting agency is reported to have flagged the peer's associations with a series of individuals when it concluded he should be denied clearance.

The £474,320 Luce is also the Italian manufacturer's first five-seater and was designed alongside the LoveFrom agency founded by former Apple design chief Sir Jony Ive.

LLMs prefer secular, rational reasoning, and while they'll still get religious on occasion, they have a negative view of Jehovah's Witnesses

Emergency services attended the scene

A beloved French actor who took on a pivotal role in Emily in Paris has died aged 69 after a battle with amyotrophic lateral sclerosis, commonly known as ALS.

Former Loose Women star Andrea McLean opened up on 'losing everything' after leaving the ITV show to kickstart her own business - admitting she considered taking a coffee shop job to get by.

Molly Mae Hague has defended the black sheer outfit she picked for Venezuela Fury's wedding the bra-flashing look sparked negative comments online.

The designer, 52, joined her family for a slap-up lunch during their holiday to Formentera, and didn't seem fazed by the uneven terrain as they exited their £16 million yacht.

Richard Madeley has revealed his plans to work with wife Judy Finnigan on a new project for the first time in five years - and nearly four decades after their on-screen debut.

Cybercriminals still allowed to walk into office blocks and convince staff to let them plug in their own thumb drives

The former Labour premier, who led the country between 1997 and 2007, has delivered a damning assessment of the current state of his party.

A road in Maldon has been closed in both directions due to a vehicle fire.

Seven teenagers, a grandfather in his 60s and a woman in her 70s are known to have died. Pictured: 12-year-old Junior Slater, who died on Tuesday.

Mikel Arteta's team has the strongest defensive record across Europe's top five leagues this season. And when they are strong at the back, Arsenal win trophies.

Two north Essex businesses have been named among the best companies to work for in 2026 by the Sunday Times.

The NHS Essex Integrated Care Board has approved the final stages of Hedingham Medical Centre, bringing the long-awaited project closer o reality.

Dropbox founder Drew Houston is stepping down as CEO after 19 years and will become executive chairman, with product chief Ashraf Alkarmi set to take over after a co-CEO transition period. CNBC reports: Drew Houston founded Dropbox nearly two decades ago at age 24, eventually becoming a household name in Silicon Valley and the first tech entrepreneur to take a company from the Y Combinator incubator program all the way to the public market. Now, at 43, Houston is ready to do something else. [...] By almost any measure, Houston has had a great run at Dropbox, helping pioneer the cloud storage market, competing head-to-head with Google and Apple and building a net worth of more than $2 billion, thanks to substantial ownership in his company. But in the land of outsized expectations, Houston has overseen a company that peaked too soon and never became a generation-defining brand. Dropbox's current market cap of just over $6 billion is down by half from the high price on its first day of trading in 2018, and is below the $10 billion valuation it was ascribed by private market investors in 2014. [...] In its latest quarterly earnings report, Dropbox said it has more than 18 million paying users, and the service remains popular with media professionals, graphic designers, architects, and others who share files and photos as part of their daily work. "Part of me has always thought, oh yeah, I'll be the CEO of Dropbox until my last gasp of my career," he said. "There's never a perfect time, there was no part of me where I was like, 'oh, this date is the date where it's going to happen.'" Since Alkarmi joined Dropbox from Vimeo in late 2024, the company has "become a lot more responsive to our customers and is taking bigger swings on innovation," Houston said. "I trust the right leader," he said. "The company's in the right place."

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Nicholas Gibbs, 41, was on a flight from Las Vegas to Heathrow with his partner Claire in December 2025 when the cup of boiling liquid fell from the tray table onto his lap.