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Author: admin (Kendrick Williams)
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ECONOMIC BRIEFS
Americans’ mood about the economy rose in early November to its brightest in six months, according to the University of Michigan’s monthly survey of consumers’ moods and views.
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SPOTLIGHT: BIGS GETTING BIGGER
Private equity firms Energy Capital Partners (ECP) and KKR have entered a partnership to invest a combined $50 billion to build data centers and energy supplies for them to support the widespread adoption of artificial intelligence (AI).
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SPOTLIGHT: CHINA’S ECONOMIC MISERY
China has completed arrangements to open a $1.4-trillion fund for local governments engulfed by debt.
The funds to help local governments clear “hidden” or off-book debt will be available until 2029, officials announced at an 8 November press briefing.
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THE EVER-WIDENING WAR
Sunday Nov. 10: According to Reports three Moscow international airports have suspended operations due to an Ukrainian drone attack.
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AI STILL LIKES WHITE JOB APPLICANTS BEST
Despite developers’ assurances to the contrary, AI models still rank job candidates with “White-sounding” names ahead of those with more ethnically linked monikers, according to a new study from the University of Washington.
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AI COMES TO THE AID OF BIODIVERSITY
In late October, an estimated 15,000 people met in Colombia for COP16, the 16th annual meeting of the 150 nations that signed the Convention on Biodiversity intended to protect species from extinction.
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DON’T USE AI TO SPY ON WORKERS, AGENCY WARNS
Employers could find themselves in legal trouble if they use AI and algorithmic programs to surveil their workers, the Consumer Financial Protection Bureau (CFPB) warned in a public statement.
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OPENAI GIVES CHATGPT A SEARCH FUNCTION
Over the next few weeks, OpenAI will introduce its search function for its flagship ChatGPT AI platform.
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TAIWAN HAS BECOME THE PRECARIOUS GLOBAL CENTER OF AI TECHNOLOGY
Nvidia, the market leader in AI chips, sees Taiwan as the only place able to make its state-of-the-art AI chips.