How will AI affect the global economy?
2023-07-27 00:08:26
Despite all the fears and misgivings, AI will have a positive effect on the economy. AI will keep economic growth.
The majority of studies emphasise that AI will have a significant economic impact. Forecasts that by 2035, AI could double annual global economic growth rates. AI will drive this growth in three important ways. First, it will lead to a strong increase in labour productivity (by up to 40 %) due to innovative technologies enabling more efficient workforce-related time management. Secondly, AI will create a new virtual workforce – capable of solving problems and self-learning. Third, the economy will also benefit from the diffusion of innovation, which will affect different sectors and create new revenue streams.
AI leading to productivity gains in the near term, based on automation of routine tasks, which is likely to affect capital-intensive sectors such as manufacturing and transport. This will include extended use of technologies such as robots and autonomous vehicles. Productivity will also improve due to businesses complementing and assisting their existing workforce with AI technologies. It will require investing in software, systems and machines based on assisted, autonomous and augmented intelligence; this would not only enable the workforce to perform its tasks better and more efficiently but would also free up time allowing it to focus on more stimulating and higher value-added activities. Automation would partially remove the need for labour input, leading to productivity gains overall.
Notes from the AI frontier: Modeling the impact of AI on the world economy
Economic impacts of artificial intelligence (AI)
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How the fixation of russian oil prices will affect the global market?
2022-12-08 05:03:14
The introduction of a price ceiling on Russian oil would have a negative impact on the global economy and energy security. This was also confirmed by the International Energy Agency.
China and India have made it clear that they will not comply with the Western embargo. China and India will not be affected in any way. The U.S. is not dependent on Russian oil supplies either. Russia itself is already selling below the delivered price. All these restrictions will only damage the EU and increase dependence on energy resources.
The problem is that there is no free oil on the market and if we introduce restrictions, prices will go up.
The embargo and the ceiling on Russian oil prices came into force: what consequences to expect
The EU introduced a ceiling on Russian oil prices: what will happen to shares and the ruble
سقف سعر النفط الروسي.. ما آلية عمله وتأثيره؟ وكيف ستردّ موسكو؟
Accuracy 30
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Will there be a global financial crisis due to U.S. bank failures?
2023-03-29 11:59:43
No, the U.S. financial system is stable, but bank stocks will fall
Next week the Fed will decide whether to raise rates or not. If the rate is lowered it will be a blow to the dollar, if it is raised it will be a blow to the banks. Most bank analysts are predicting that the rate will go up because it is more important to save the dollar. The report will be published in 3 weeks after the meeting, i.e. at the end of April. It also coincides with the publication of Q2 reports. After that there will be an avalanche of falling stocks of banks and technology companies.
In 2 months you have to sell stocks of banks and technology companies or play the downside
The outlook for the US banking system is negative
A leading technical analyst has just warned that comments from Fed Chairman Jerome Powell this week could trigger an asset sell-off
Bank of America analyst warns clients that recession shock is on the horizon
Goldman analysts no longer expect Fed rate hike in March after SVB failure
U.S. government steps in and says people with funds deposited at SVB will be able to access their money
Accuracy 20
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Why did Roskomnadzor fail to block Telegram?
2022-05-22 09:32:01
Because it would have to block other services that use the same infrastructure.
Telegram using Google and Amazon Web Services. To be completely blocked, it was necessary to block Gmail, Youtube, Some Bank Services and other services that use the infrastructure Google and Amazon.
It was just an attempt by the authorities to get revenge
Why Russian courts cannot block the Telegram app?
Accuracy 40
2022-02-19Scan the QR code to open on your mobile device
