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Category: economics – Page 8

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00:00 Introduction.
00:12 DeepSeek Rocks Global Tech Markets.
08:05 China & Crypto.

China Update provides viewers with the most up to date political, economic, and geostrategic analysis on China. Videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. China Update is fully independent, all views and analysis are all my own and I make the videos.

Continue reading “China & Crypto” | >

In economics, the Jevons paradox (/ ˈ dʒ ɛ v ə n z / ; sometimes Jevons effect) occurs when technological advancements make a resource more efficient to use (thereby reducing the amount needed for a single application), however, as the cost of using the resource drops, overall demand increases causing total resource consumption to rise. [ 1 ] [ 2 ] [ 3 ] [ 4 ] Governments have typically expected efficiency gains to lower resource consumption, rather than anticipating possible increases due to the Jevons paradox. [ 5 ]

In 1865, the English economist William Stanley Jevons observed that technological improvements that increased the efficiency of coal use led to the increased consumption of coal in a wide range of industries. He argued that, contrary to common intuition, technological progress could not be relied upon to reduce fuel consumption. [ 6 ] [ 7 ]

The issue has been re-examined by modern economists studying consumption rebound effects from improved energy efficiency. In addition to reducing the amount needed for a given use, improved efficiency also lowers the relative cost of using a resource, which increases the quantity demanded. This may counteract (to some extent) the reduction in use from improved efficiency. Additionally, improved efficiency increases real incomes and accelerates economic growth, further increasing the demand for resources. The Jevons paradox occurs when the effect from increased demand predominates, and the improved efficiency results in a faster rate of resource utilization. [ 7 ] .

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China has unveiled 2 inexpensive open-source technologies that might change the world. DeepSeek is open-source generative AI which appears to be performing as well as frontrunners like Anthropic’s Claude. Engine AI is open-source robotics, which has a natural walking gait. If you combine these two elements together, the recipe creates either the rancid fish pie of the Economic Singularity or the delicious blueberry cheesecake of Superabundance. “One of the year’s most interesting tech stories is in full swing. A Chinese startup called DeepSeek released R1, an open-source artificial intelligence model that’s sending shockwaves through Silicon Valley and beyond.” s competitive robotics market by offering cost-effective solutions.”” + https://www.digitimes.com/news/a20250121PD213/robot-nvidia-s…-2024.html https://www.forbes.com/sites/callumbooth/2025/01/27/deepseek…-internet/ https://youtu.be/B4YcuN5maD8?si=4a7YtUj1KchxQlXG Open source bot: https://github.com/engineai-robotics/engineai_humanoid

Shenzhen-based startup Engine AI recently released a demo video of its SE01 humanoid robot, highlighting its remarkably lifelike walking gait. The video earned praise from a senior Nvidia scientist. Engine AI aims to penetrate China’s competitive robotics market by offering cost-effective solutions.

China’s viral robot video sparks debate and validation.

A video released by Shenzhen Special Zone Daily shows an adult-sized humanoid robot walking steadily through the streets of Shenzhen, with a posture and speed strikingly similar to a human’s.

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Defining nasa’s low earth orbit goals.

NASA has outlined its final goals and objectives for low Earth orbit, aiming to expand the use of space and advance microgravity research, technology, and exploration for everyone’s benefit. The agency’s Low Earth Orbit Microgravity Strategy, developed with input from various stakeholders, will guide efforts to sustain a continuous human presence in orbit, boost economic opportunities, and strengthen global partnerships.

A vision for continuous human presence.

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Link :

Rare minerals discovered in Japan could be a game changer for their economic security.

A group of researchers in Japan uncovered a cache of rare minerals in the seabed around Minami-Tori-shima island harbours.

The Nippon Foundation and the University of Tokyo conducted a survey which discovered around 610,000 metric tons of cobalt and 740,000 metric tons of nickel.

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THE ECONOMIC SINGULARITY IN 2 TO 3 YEARS.

“My guess is that by 2026 or 2027, we will have AI systems that are broadly better than almost all humans at almost all things,” Amodei (Anthropic CEO) said at the event.

Enter the new era of AI coworkers.

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Unexpected crises or events, such as the COVID-19 pandemic or natural disasters, can cause disruptions to a city’s economy. For instance, forcing businesses to temporarily close or hindering their daily operations. As businesses often rely on each other, changes in the operation of one company can cause ripple effects, like influencing its suppliers, distributors or other businesses it depends on.

To explore the widespread economic impact of shocks and adverse events, past studies primarily examined the proximity between businesses, assuming that businesses are primarily connected to nearby companies or establishments. However, some findings suggest that people’s movements between businesses (i.e., behavior-based dependencies) also contribute to the resilience of cities following economic disruptions.

These dependencies are essentially relationships between businesses shaped by the behavior and habits of shared customers. For example, if a tech company is forced to close its offices, this might impact not only other nearby restaurants, but also gyms or other establishments located in different parts of a , which some employees typically visit before or after work.

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In today’s AI news, a new $500 billion, private sector investment to build artificial intelligence infrastructure in the US, with Oracle, ChatGPT creator OpenAI, and Japanese conglomerate SoftBank among those committing to the project. The joint venture, called Stargate, is expected to begin with a data center project in Texas.

In other advancements, Perplexity has launched an aggressive bid to capture the enterprise AI search market, unveiling Sonar, an API service that outperforms offerings from Google, OpenAI and Anthropic on key benchmarks while also undercutting their prices. Perplexity — now valued at $9 billion — directly challenges larger competitors.

And, Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong, with tech giants such as Amazon and Microsoft in need of clean energy to fuel AI.

Then, Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round, led by Lightspeed Venture Partners, valuing the firm at about $60 billion.

In videos, Indeed CEO Chris Hyams, and Stanford Digital Economy Lab Director Erik Brynjolfsson, join Bloomberg’s Work for a discussion on the key trends impacting employees and employers in 2025 and beyond.

Meanwhile, Sarah Friar, Chief Financial Officer of OpenAI warned that there is strong competition in the development of AI coming from China, recognizing the economic and security benefits of the emerging technology.

S Shirin Ghaffary at Bloomberg House in Davos. ‘ + s Erik Schatzker at Bloomberg House in Davos. + ll look at how Frames offers cinematic image outputs, best practices for prompting, and showcases user-generated examples. + Thats all for today, but AI is moving fast, subscribe today to stay informed. Please don’t forget to vote for me in the Entrepreneur of Impact Competition today! Thank you for supporting me and my partners, it’s how I keep NNN free.

Continue reading “US 0 Billion ‘Stargate’ AI Venture Fund Headed By Oracle, OpenAI, And SoftBank” | >

The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies.

The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman.

Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners. The buildout is currently underway, starting in Texas, and we are evaluating potential sites across the country for more campuses as we finalize definitive agreements.

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