The Times (July 29)
The UK’s “reckless lack of gas storage invites disaster.” Britain maintains “90 days’ worth of oil imports,” but “just two or three days’ worth of gas in reserve.” Since oil and gas each account for approximately one third of domestic energy, this “peculiarity” contributes “to energy insecurity and our soaring bills.” It’s completely out of step with reality. “Germany can store 90 days’ gas; France, over 100; Italy, somewhere in between; and the Netherlands, about 60.” Britain’s “reckless lack of gas storage invites disaster.” This obvious failure “ought to be a considerable source of worry.”
Tags: Disaster, Domestic energy, Failure, France, Gas, Gas storage, Germany, Insecurity, Italy, Netherlands, Oil imports, Peculiarity, Reckless, Reserve, Soaring bills, UK, Worry
New York Times (July 28)
“Chipmakers are taking a hit” on a number of fronts. “Investors worry that Big Tech’s extravagant artificial intelligence spending isn’t delivering real profits yet.” Moreover, “powerful open-weight models are making A.I. cheaper to run, raising questions about whether companies need to keep buying such expensive tech, including chips.” The chipmakers still have “huge long-term investment build-out commitments from major tech players,” which raises a major question. “Is this just a healthy reset for a hot market, or the start of a bigger slowdown?”
Tags: AI, Big tech, Build-out commitments, Cheaper, Chipmakers, Expensive, Extravagant, Hit, Investment, Investors, Market, Open-weight models, Profits, Reset, Spending, Worry
Axios (October 15)
“More people are concerned than excited about the rise of AI in daily life, with Americans topping the global worry list, per a new global report from Pew Research Center.” Some countries, like South Korea and India were relatively excited about AI with less than 20% of respondents saying they were “more concerned than excited.” In contrast, the majority of U.S. respondents were more concerned about Ai than excited, a level of anxiety only matched by Italy. This “public concern over AI could shape how quickly the tools are adopted, and could upend workplaces if employees aren’t comfortable with the changes.”
Tags: Anxiety, Aopted, Concerned, Daily life, Employees, Excited, India, Italy, Pew, Respondents, Rise of AI, South Korea, U.S., Workplaces, Worry
Barron’s (October 1)
“Like the Y2K disaster or the widespread invasion of murder hornets, the highly anticipated September curse failed to materialize this year. The question is whether or not a rough patch has been avoided or simply delayed. Both the S&P 500 and the Nasdaq Composite recorded their best Septembers since 2010.” Still, some analysts and investors worry that the issues that worried them “before haven’t been resolved, even as investor complacency seems to suggest that they have been.”
Tags: 2010, Analysts, Avoided, Delayed, Highly anticipated, Invasion, Investors, Materialize, Nasdaq, Rough patch, S&P 500, September curse, Worry, Y2K disaster
WARC (June 2)
“Sponsors that made a relatively sound bet on one of the major global sporting events could not have foreseen the pandemic. Now, with the games an increasingly controversial topic, sponsors are navigating negative public opinion.” As they “worry about the risks of sponsoring an event opposed by a majority of the country” and focus on avoiding negative exposure, some Olympic sponsors have given up on recouping their investments.
Tags: Controversial, Doubts, Exposure, Foreseen, Negative, Olympics, Pandemic, Public opinion, Risks, Sponsors, Sporting events, Worry
Barron’s (October 1)
“The thing to worry about in global bond markets isn’t what the Bank of Japan is doing, but what’s happening to U.S. manufacturing.”
Tags: Bank of Japan, Bond markets, Global, Manufacturing, U.S., Worry
The Week (February 14)
“It’s three whole weeks into the Trump administration, and this is already looking like the most dysfunctional White House in memory. While we had plenty of other things to worry about when contemplating a Donald Trump victory during the campaign, this should have been utterly predictable.”
