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Archive for the ‘economics’ category: Page 31

Jun 4, 2023

How AI could change the ways we live and work, reducing the digital divide

Posted by in categories: business, economics, education, employment, robotics/AI

AI is everywhere. Its use is being debated in headlines, on social media and around dinner tables. To some, the rate of AI acceleration is concerning, with many technology leaders calling for a six-month pause in the training of new systems to better understand the impact such tools are having. To others, AI is seen as the cornerstone of the fourth industrial revolution, the latest disruptive technology opening up possibilities for new ways of learning, working and living that we have never experienced before.

Yet, disruptive technologies are nothing new. They have been changing the way we live and work for decades. And these changes have not been without consequences, particularly in the form of economic dislocation and social upheaval. Automation in manufacturing has streamlined mass production and driven down costs; Ecommerce platforms have reshaped the way we shop and do business; even online education has found new ways to provide flexible and affordable ways of learning, delivering opportunities to millions across the globe that simply were not available before.

Presently, much of the discussion around the impact of AI is based on conjecture. However, it is widely agreed that it will have a major impact on jobs and even has the potential to call into question the very fundamentals of what work is. What is not understood is how AI will play out across society in the longer term. Will it, like previous technological revolutions, deliver short-term disruptions followed by long-term benefits, or will it be the catalyst for new ways of learning and upskilling and help reduce the widening digital divide?

Jun 3, 2023

Joscha Bach: Time, Simulation Hypothesis, & Existence

Posted by in categories: cosmology, economics, education, government, information science, mathematics, quantum physics, robotics/AI

Joscha Bach is a cognitive scientist focusing on cognitive architectures, consciousness, models of mental representation, emotion, motivation and sociality.

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Jun 3, 2023

Deadly Indian rail crash shifts focus from new trains to safety

Posted by in categories: economics, government, transportation

Long considered the lifeline of the world’s most populous country, the 170-year-old system has seen rapid expansion and modernisation under Prime Minister Narendra Modi’s push to boost infrastructure and connectivity in the fast-growing economy.

This year, the government made a record 2.4-trillion-rupee ($30 billion) capital outlay for the railways, a 50% increase over the previous fiscal year, to upgrade tracks, ease congestion and add new trains.

A new, semi-high-speed train built in India and called the “Vande Bharat Express”, or “Salute to India Express”, is showcased as evidence of this modernisation, with Modi himself flagging off the first journeys of many of the trains around the country.

Jun 2, 2023

Conversations About AI — Part 1: Overcoming Technophobia Through Education

Posted by in categories: economics, education, robotics/AI

Overcoming AI Technophobia

Currently, there is a public surge of interest in AI topics, especially in Large Language Models, like ChatGPT. This is not a random development.

AI is here to stay and will have huge social and economic implications, seen as both a blessing and a curse. In view of its potential dangers, many AI scientists have expressed concern over AI developments that border on technophobia. But there is a means of defending ourselves from the dark side of AI as expressed in dystopian science fiction.

Jun 2, 2023

A new method to make high-performance magnets could minimize our reliance on rare earth elements

Posted by in categories: economics, sustainability, transportation

Wikimedia Commons.

These high-performance magnets, used in wind turbines and electric vehicles, are vital for building a zero-carbon economy. Currently, the best permanent magnets available require rare earth elements.

Jun 1, 2023

Baidu’s $145M AI fund signals China’s push for AI self-reliance

Posted by in categories: economics, internet, robotics/AI

The U.S.-China decoupling is giving rise to a divided tech landscape between the two major economies, shaping the development of the red-hot area of generative AI, which turns text into various forms of content like prose, images, and videos.

China, in order to reduce dependence on the U.S. technological foundation, has been pursuing its own large language models that match OpenAI’s GPT models. But unlike the U.S., some of its most advanced AI endeavors are happening at established internet juggernauts, such as Baidu.

The search engine and autonomous driving giant rolled out its counterpart to ChatGPT in March. Now the 23-year-old firm wants to have a stake in other AI startups, too. The company aims to have a stake in other AI startups. During a JPMorgan summit in China this week, Baidu’s co-founder and CEO Robin Li announced the launch of a billion yuan ($145 million) fund to back generative AI companies.

Jun 1, 2023

The Indicator from Planet Money

Posted by in categories: business, economics, space travel

Is this Mars thing really happening? SpaceX did its first test launch of Starship this spring, the rocket that it’s developing to send to Mars. But getting to Mars is still a long way off. So does SpaceX have the funding and business plan to pull it off?For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Jun 1, 2023

Tesla doubles discounts on Model 3 cars in US inventory

Posted by in categories: economics, sustainability, transportation

SAN FRANCISCO (Reuters) — Tesla Inc has doubled discounts on some already made new Model 3 electric cars and offered discounts on the Model Y and others in its U.S. inventory to entice buyers amid economic uncertainty, rising competition and the upcoming redesign of its mainstay model.

In California, a Model 3 variant in inventory was priced at $42,060, a discount of $2,680 to the price of newly ordered cars, according to its website. That is double the $1,300 discount on Model 3 cars offered less than two weeks ago.

May 31, 2023

Elon Musk Says China Is Ahead in a Key Race

Posted by in categories: economics, Elon Musk, space travel, sustainability

The moment is badly chosen, but with Elon Musk the unexpected is the rule.

The serial entrepreneur arrived in China on May 30, according to Reuters, whose journalists spotted his private jet at Beijing airport. This surprise visit by the CEO of electric vehicle producer Tesla, founder of SpaceX and owner of Twitter, comes at a time of renewed tensions between China and the U.S., which raise fears of a potential confrontation between the two leading world powers.

Musk and his empire symbolize, according to experts, the intricacy of the two largest world economies, which are interdependent. The U.S. and China are Tesla’s two biggest markets and the regions where the world leader in electric vehicles manufactures the vast majority of its cars.

May 30, 2023

China launches mission with first civilian to space station

Posted by in categories: economics, military, satellites

JIUQUAN — China sent three astronauts to its Tiangong space station on Tuesday, putting a civilian into orbit for the first time as it pursues plans to send a crewed mission to the Moon by the end of the decade.

The world’s second-largest economy has invested billions of dollars in its military-run space program in a push to catch up with the United States and Russia.

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