AI is replacing human tasks faster than you think – CNN
Corporate America is rapidly adopting artificial intelligence to automate work once exclusively done by humans. More than half (61%) of large US firms plan to
Home
Page 248
Europe faces an unusual problem: ultra-cheap energy – The Economist
Owing to the rapid spread of solar power, Spanish energy is increasingly cheap. Between 11am and 7pm, the sunniest hours in a sunny country, prices
Bank of England Revives Speculation of UK Rate Cut This Summer – Bloomberg
The Bank of England breathed fresh life into hopes for an imminent cut in interest rates, hinting that more of its officials may be close
Floating solar has a bright future – The Economist
Drive a few hours from Lisbon towards Spain, past the olive farms, and you will arrive at Europe’s largest artificial lake, at the Portuguese town of
Pair of Big Bets Stand to Benefit If Odds Rise for Fed Interest-Rate Cut in July – Bloomberg
A pair of large bets in the fed funds futures market are attracting attention on Wall Street by setting aside the market-implied consensus for the
Even Apple cannot explain why we need AI in our lives – The Financial Times
Whenever a new technology comes along, the world has traditionally looked to Apple to know what to do with it. Under Steve Jobs, the company
Fiscal Policy Can Help Broaden the Gains of AI to Humanity
New generative-AI technologies hold immense potential for boosting productivity and improving the delivery of public services, but the sheer speed and scale of the transformation
PODCAST: Catherine Mann: A Central Banker’s View on Capital Flows
Central banks worldwide share common practices in how they operate, but the UK’s central bank is unique in how it makes its rate decisions. Catherine
Can AI Foster a Global Consciousness?
Technological development has shaped religious belief for thousands of years. This suggests that powerful new technologies like artificial intelligence could help people incorporate a greater
Inflation has shrunk – but the question is: are you feeling any richer? – The Independent
For the first time in almost three years, the Bank of England’s holy grail has been found: inflation for the year to May fell back