Next has exceeded profit expectations, achieving record-high revenue and profit levels for the year ending January. The company’s group profit before tax surged to £918 million, marking a 5% increase compared to the previous year’s £875 million. This performance surpassed ...
A staggering 1.1 million Britons are currently employed on zero-hour contracts, marking a record high, according to research conducted by the Work Foundation think tank. The study revealed a concerning trend of increasing reliance on such contracts, with an additional ...
Mike Regnier, the head of Santander UK, has expressed reservations about further investment in the UK, citing the country’s high tax burden and increasing costs associated with compensating victims of fraud. In a session with the Commons Treasury select committee, ...
Microsoft has appointed Mustafa Suleyman, the co-founder of DeepMind, to spearhead a new AI division within the company. Suleyman, who co-founded DeepMind in 2010 alongside Demis Hassabis and Shane Legg, brings a wealth of experience in the field of artificial ...
Climate change is being cited as a significant factor contributing to the rise in prices of chocolate Easter eggs this year, with researchers highlighting the adverse effects on cocoa crops. The majority of chocolate production relies on cocoa beans grown ...
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While fears that AI will morph into something like the Terminator and try to destroy the world, the real threat from AI is that the authorities will use it to produce propaganda and public lies. ...
The “AI” in our present real-world hype is nothing like the sci-fi “creatures” of film; AI machines are nowhere near conscious beings. ...
Artificial intelligence has much to contribute as a consumption good and a producer’s good. However, there also are limitations in what AI can do, given it susceptible to the GIGO rule: Garbage in, garbage out. ...
New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners no longer have an incentive to rent empty apartments. ...