Fortune’s daily radar highlights Bill Gates’ warning that the world is unprepared for AI’s risks and that "There is no plan." In a lengthy essay, the Microsoft co-founder said he would support a global slowdown in AI advances if someone offered a "credible plan" to achieve it. The roundup contrasts that caution with Nvidia’s revenue more than doubling to $96 billion in the July quarter, with CEO Jensen Huang saying, "AI has become useful." It also mentions a deal to reopen the Strait of Hormuz, while noting that Trump has remained silent so far; expert concerns that the United States cannot grow its way out of national debt; and the failure of expected productivity gains from AI to appear. The roundup also points to the high cost of decorating a college dorm room. Readers who received the email through forwarding are invited to sign up for direct delivery every morning before markets open in New York.