The Guardian (September 1)
“At this point, it should be clear that AI is a choose-your-own-adventure book where every option ends in disaster.” Despite the growing consensus that we need “to slow down, regulate or even put all of this on pause while we wrap our minds around it,” individual nations are “incentivised to run this foolish race,” The EU alone can pause the insanity. “The future of all chip-based technology is wholly dependent on ASML. A straight ban on exports of ASML’s machines would force the global AI industry to in effect tread water, to jog in place.”
Tags: AI, ASML, Ban, Chip-based technology, Consensus, Dependent, Disaster, EU, Foolish race, Future, Incentivised, Insanity, Nations, Pause, Regulate, Slow down
Inc (September Issue)
The Inc. 5000 is “our annual ranking of the nation’s fastest-growing private companies…. Only this year, the road ahead looks very different. Picture K2, only with more avalanches and less oxygen.” But their response may surprise. “At presstime, only 11 percent had cut staff since March, while 47 percent were landing talent let loose by others.” Though there has been belt tightening, “their eyes got bigger. More than 40 percent of honorees say current conditions make it more important than ever to scale quickly. Just 10 percent feel it would be best to slow down.”
Tags: Avalanches, Fastest-growing, Inc. 5000, K2, Private, Ranking, Scale quickly, Slow down, Staff, Talent, Tightening
Institutional Investor (April 17)
“Asean countries are resisting today’s turbulence in emerging markets thanks to reforms taken in the wake of the late ‘90s crisis.” To be sure there are concerns, such as China’s slow down, “yet most investors believe the positives outweigh the potential negatives across most of the region.” This confidence is symbolized by Japanese foreign direct investment. “According to Singapore’s DBS Bank, Japan increased its FDI in Asia by $40 billion in 2013, and fully 42 percent of the country’s FDI is now in Southeast Asia—Considerably more than in China.”
Tags: Asean, Asia, China, Crisis, Emerging markets, FDI, Investors, Japan, Positives, Singapore, Slow down, Turbulence
