Banks, miners lead ASX sell-off; $6b Snowy project delayed; AI godfather’s dire warning

Thursday 4 May 2023

Banks, iron ore miners and energy companies lead a sell off on the ASX as the global economy hits local investors. 

Also today:

• The near $6 billion Snowy Hydro project hits soft ground. 
• Electric vehicle sales rise from 1.1% a year ago to 8% last month
• And the godfather of AI quits his job at Google, worried that the growth of artificial intelligence could lead to killer robots that are smarter than humans

Plus don’t miss the latest episode of How Do They Afford That?

This week is about using insurance to protect your wealth. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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