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Archive for the ‘economics’ category

Nov 17, 2024

On lame-duck AI bill, Congress shouldn’t push too far

Posted by in categories: economics, government, health, robotics/AI

Artificial intelligence holds the potential to bring a commercial and economic rebirth for the United States and its allies. Yet the U.S. Congress is getting skittish. Its leaders are reportedly negotiating a lame-duck bill to regulate the AI industry.

As officials push and prod on the new technology, they should exercise caution.

Nov 16, 2024

Semiconductor manufacturing Phoenix: 3 chip fabs coming

Posted by in categories: computing, economics

Three semiconductor manufacturing Phoenix fabs will support the economy after a final agreement between TSMC and the Biden administration.

Nov 15, 2024

Sam Altman: “We Know How to Build AGI by 2025” 🤯

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

Could AGI be here by 2025? In a shocking new interview, Sam Altman — OpenAI’s CEO — just dropped some MAJOR revelations about their path to artificial general intelligence.

Unlike his usual careful corporate speak, Sam appears surprisingly confident about what’s ahead.

Continue reading “Sam Altman: ‘We Know How to Build AGI by 2025’ 🤯” »

Nov 14, 2024

Scientific models trust the land to soak up lots of CO₂—the reality is a lot more messy

Posted by in category: economics

Is it possible to heat the planet to dangerous levels and then cool it down later? Economic models charting the world’s path to net zero emissions say yes.

Nov 14, 2024

Smartphone app helps to lower cholera risk

Posted by in categories: economics, mobile phones

Supported, in part, by NASA and administrated by Resources for the Future, Kevin Boyle and colleagues from Moravian University, Penn State, and the University of Rhode Island have assessed the feasibility of implementing a smartphone app designed to convey cholera risk forecasts to households to mitigate the threat of cholera in Bangladesh. This forms part of early warning measures.

The research is titled “Early warning systems, mobile technology, and cholera aversion: Evidence from rural Bangladesh,” and it appears in the Journal of Environmental Economics and Management.

For the research, the team developed CholeraMap, an Android-based smartphone application that conveys cholera risk forecasts to households. The app enables users to access risk predictions – from low to medium to high – for both their community and individual home locations.

Nov 12, 2024

Discover more of the Hyundai NEXO

Posted by in categories: economics, energy, transportation

I’m interested in what impact hydrogen cars will be on the economy, and what technological advancements we will see in the future The NEXO is a truly one-of-a-kind hydrogen fuel cell SUV that combines cutting-edge technology and futuristic design with fantastic driving range.


Fuel cell power and hydrogen make the Hyundai NEXO a highly advanced family-sized SUV.

Nov 11, 2024

Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering

Posted by in categories: bitcoin, cryptocurrencies, economics

Bitcoin Fog founder sentenced to 12 years for laundering $400M in criminal proceeds using his darknet mixer.

Nov 9, 2024

Mysterious Mastercard Data Breach Triggers Bank Warning As Customers Urged To ‘Pay Close Attention’ To Money Movements

Posted by in categories: cybercrime/malcode, economics, finance, government

A US bank is warning customers of a security “intrusion” that may have compromised Mastercard account numbers and other financial data.

Maryland-based Eagle Bank says it has received a notice from Mastercard, stating an unnamed US merchant allowed unauthorized access to account information between August 15th, 2023, and May 25th, 2024.

The bank revealed the breach in a filing with the Massachusetts state government.

Nov 9, 2024

Elon Musk: How Trump’s presidency could benefit the Tesla boss

Posted by in categories: economics, Elon Musk, sustainability, transportation

He has frequently voiced concerns over the Biden administration’s approach to immigration and the economy, and claimed free speech would be at risk with another Democrat presidency.

As one of the president-elect’s most important backers, the tech billionaire donated more than $119m (£92m) to fund a Super PAC aimed at re-electing Trump.

He also spent the last weeks before election day running a get-out-the-vote effort in the battleground states, which included a daily giveaway of $1m to voters in those states.

Nov 9, 2024

DDoS site Dstat.cc seized and two suspects arrested in Germany

Posted by in categories: cybercrime/malcode, economics, energy, law enforcement

The Dstat.cc DDoS review platform has been seized by law enforcement, and two suspects have been arrested after the service helped fuel distributed denial-of-service attacks for years.

The seizure and arrests were conducted as part of “Operation PowerOFF,” an ongoing international law enforcement operation that targets DDoS-for-hire platforms, aka “booters” or “stressers,” to seize infrastructure and arrest the operators.

These platforms are responsible for service disruptions to online services and can cause significant economic damages, as well as impact to the operation of critical services, such as healthcare.

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