Wall Street Journal (January 22)
“Employees say AI isn’t saving them much time in their daily work so far, and many report feeling overwhelmed by how to incorporate it into their jobs. Companies, meanwhile, are spending vast amounts on artificial intelligence, betting that the technology’s power to speed everything from sales to back-office functions will usher in a new era of efficiency and profit growth.”
Tags: AI, Artificial intelligence, Back-office functions, Daily work, Efficiency, Employees, Jobs, Overwhelmed, Power, Profit growth, Sales, Speed, Technology
Barron’s (April 4)
“The tariff damage can’t be undone.” Many uncertainties still remain regarding the extent of their ultimate impact, how much the world will reorient to exclude the U.S., and the benefit the tariffs will provide China. However, “the scope, speed and magnitude of the Trump administration’s tariff blitz” made one point “crystal clear: The post–World War II global world economic order is no longer.”
Tags: Damage, Economic order, Exclude, Extent, Global, Impact, Magnitude, Post–World War II, Reorient, Scope, Speed, Tariff, Trump, U.S., Uncertainties, Undone
Reuters (August 24)
The U.S. Federal Reserve “must determine how quickly to get to what they deem a neutral rate, neither depressing nor stimulating economic activity. Investors clearly hope that they prioritize speed.” Chairman Powell has now arrived at “the endgame, when the prospect of success is near at hand but the possibility of failure is at its most dangerous. To save the labor market, the cuts can’t come soon enough.”
Tags: Depressing, Economic activity, Endgame, Failure, Fed, Investors, Labor market, Neutral rate, Powell, Prioritize, Speed, Stimulating, Success, U.S.
Star Tribune (November 5)
“Transoceanic shipping is no longer backed up. But labor shortages at airlines and trucking firms continue to influence U.S. supply chains.” An October survey found that central state supply mangers believed “the speed of deliveries is back to pre-pandemic levels. But about one-third of them also said their biggest challenge for the fourth quarter was supply-chain disruptions,” albeit markedly down “from nearly 60% two months earlier.”
Tags: Airlines, Challenge, Deliveries, Labor shortages, Pandemic, Shipping, Speed, Supply chains, Transoceanic, Trucking firms, U.S.
Reuters (May 12)
“South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and smart cities. Three years on, the giddy promises are unfulfilled.” It has achieved one of the highest rates of adoption, around 45% with speed about five times faster. Until demand catches up, however, telecoms will remain unwilling “to invest in the fancier technology that would ramp speeds by 20 times over 4G technology…. To make the quantum leap to the highest-speed 5G will require the roll-out of essential services that need such fast connections.”
Tags: 5G, Adoption, Demand, Invest, Mobile network, Promises, Roll-out, Self-driving cars, Smart cities, South Korea, Speed, Technology Quantum leap, Telecoms, Transformation, Unfulfilled, Warp-speed
New York Times (August 21)
“The speed and scope of the Taliban’s takeover in Afghanistan has prompted introspection in the West over what went wrong…. China, though, is looking forward. It is ready to step into the void left by the hasty U.S. retreat to seize a golden opportunity.”
Tags: Afghanistan, China, Hasty, Introspection, Opportunity, Retreat, Scope, Speed, Takeover, Taliban, U.S., Void
Supply Chain Management Review (April 27)
“Global manufacturing and supply chains were severely disrupted by the COVID-19 global pandemic, forcing companies to adapt and plan for a new business reality.” This year, however, the industry “is already quickly rebounding with investments in digital transformation aimed at improving speed, resilience and sustainability. While areas of concern persist, most report that lessons from the pandemic have paved the way for new innovations.”
Tags: Adapt, COVID-19, Disrupted, DX, Investments, Manufacturing, Pandemic, Rebounding, Resilience, Speed, Supply chains, Sustainability
Forbes (March 22)
“The most unique aspect to this market crisis is the sheer speed of the decline. The S&P 500 has dropped 30% in a month, in the crisis of 2008 a 30% drop from the market’s high took almost a year. If 2008’s decline was a Toyota Camry, this decline is a Ferrari.”
The Economist (May 20)
The WannaCry attack reads like the script to “a Hollywood disaster film.” Even though it had a relatively happy ending, “the incident rammed home two unpleasant truths about the computerised world. The first is that the speed, scalability and efficiency of computers are a curse as well as a blessing.” Digital data “can be sent around the world in milliseconds,” both a blessing and a bane. “The second unpleasant truth is that opportunities for mischief will only grow.” As we embrace the internet or things, vulnerabilities will multiply “as computers find their way into everything from cars and pacemakers to fridges and electricity grids.”
Tags: Cars, Computers, Curse, Efficiency, IoT, Pacemakers, Scalability, Speed, Vulnerabilities, WannaCry
Chicago Tribune (February 27, 2014)
“Even if climate change turns out to be overblown, there’s no real downside in a carbon tax. We merely would have traded a tax that reduces good things, such as work and investment, for a tax that reduces bad things, such as environmental harms and hazards. If done in a revenue-neutral way, it would more likely speed economic growth than slow it.”
Tags: Carbon tax, Climate change, Downside, Economic growth, Environment, Investment, Overblown, Revenue-neutral, Speed, Work
