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Trump orders new 15% tariff on key material for solar panels and microchips

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Economics, Energy, Environment, Global economy, International trade, Renewable energy, Solar power, Tariffs, Technology sector, Trump administration, Trump tariffs, US news, US politics, World news

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producerDonald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.The new tariff, which will take effect on 4 December, […]

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Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Cryptocurrencies, Donald Trump, Economics, Technology, US economy, US news

Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economyThe scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first year in office should come as no surprise. The president didn’t

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AI may be the toughest challenge Anthony Albanese faces this term. Guardrails are urgently needed | Peter Lewis

ai, AI (Artificial Intelligence), Anthony Albanese, Artificial Intelligence, Australia news, Australian economy, Australian politics, Datacentres, Economics, Globalisation, Labor party, Sydney, Technology

Coherent decision-making and internal accountability are critical to meeting this manic momentAnthony Albanese promises fast-track approvals for datacentres to shore up AI investmentThe University of Sydney was the natural setting for Anthony Albanese to lay out his vision for how Australia should confront the profound economic and social challenges posed by so-called artificial intelligence technology.His

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IMF upgrades UK growth forecast as fears over impact of Iran war diminish

ai, AI (Artificial Intelligence), Andy Burnham, Artificial Intelligence, Bank of England, Business, Economic growth (GDP), Economics, G7, Inflation, Interest Rates, International Monetary Fund (IMF), Middle East and north Africa, Politics, UK news, US-Israel war on Iran

July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared.In

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We can debate the ethics of AI but can’t seem to change course | Letters

ai, AI (Artificial Intelligence), Artificial Intelligence, Economics, ethics, Google, Technology, UK news

Readers respond to the profile of Iason Gabriel, a philosopher and research scientist at Google DeepMindThe Guardian’s profile of Google DeepMind’s philosopher was encouraging because it showed how seriously many of the people building AI are taking their ethical responsibilities (‘There’s this deep mystery of what, actually, is this thing?’: the philosopher inside Google DeepMind

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‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Business, Cryptocurrencies, E-commerce, Economics, Fintech, Internet, Technology, Trump administration, US economy, US news, US politics

Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loansOn a quiet summer morning, above a small mid-western town, an American flag is waving in the breeze. The camera cuts to a father helping his son at the wheel of a tractor, and

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The AI bubble has further to run despite the looming crash

ai, AI (Artificial Intelligence), Alphabet, Amazon, Apple, Artificial Intelligence, Business, Economics, financial sector, Google, Investing, Investment funds, Investments, Meta, Microsoft, Money, Nasdaq, Stock markets, Technology, Technology sector, UK news, US news, World news

As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoningOpenAI staggers AI model release after White House requestEvery couple of decades, investors will ask themselves how long can the stock market keep climbing. Is it safe to buy more shares? Is their

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David Autor named head of the Department of Economics

ai, AI (Artificial Intelligence), Artificial Intelligence, automation, Economics, Faculty, Inequality, Labor and jobs, Leadership, School of Humanities Arts and Social Sciences, Technology and society

David Autor, the Daniel (1972) and Gail Rubinfeld Professor in the MIT Department of Economics, has been named head of the Department of Economics, effective July 1.“David is a world-class labor economist,” says Agustín Rayo, the Kenan Sahin Dean of the School of Humanities, Arts, and Social Sciences. “He is also an individual of wisdom

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Exploring the societal impacts of AI

Aeronautical and astronautical engineering, ai, AI (Artificial Intelligence), Algorithms, Artificial Intelligence, Computer Science and Artificial Intelligence Laboratory (CSAIL), Computer science and technology, Democracy, Economics, Electrical engineering and computer science (EECS), government, Labor and jobs, MIT Schwarzman College of Computing, MIT Sloan School of Management, Political science, Politics, Program in STS, Robotics, School of Engineering, School of Humanities Arts and Social Sciences, Special events and guest speakers, Technology and society

At the recent AI and Society Forum at MIT, experts from across the Institute discussed the potential benefits and dangers of technological innovation on labor, the nature of work, civil discourse, election administration, and other topics.The event featured individual research presentations and panel discussions, as well as a musical performance exploring the use of generative artificial intelligence

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‘Happiness is not just about GDP’: ambitious plan or utopia?

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Climate crisis, Economics, Environment, Technology, World news

Some will question its credibility. But the alternative future to the one imagined in the World Justice Report is far more bleak• Academics set out sweeping vision for planetary survivalIn our increasingly dystopian world, who wouldn’t want to at least be open to a utopian antidote? The World Justice Report, published on Thursday, outlines how

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