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The world’s attention is fixed on frontier artificial intelligence (AI) models, but China’s robot-making factories deserve just as much attention. Chinese e-commerce company JD.com has predicted that robots would ultimately replace its 700,000 delivery workers, while workers at South Korean carmaker Hyundai are threatening strike action over iss…
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Kevin Warsh focused his first conference as Federal Reserve chair on June 17 on a familiar problem: fast-rising prices fuelled by the Iran war. Yet another challenge facing central banks goes beyond the immediate inflation shock. As investors place ever bigger bets on artificial intelligence and politicians tout its economic promise, policymaker…
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Elon Musk’s reported Terafab project and Huawei’s Tau Scaling Law look, at first glance, like two versions of the same trend: the return of vertical integration in semiconductors. But the similarity is superficial. Terafab, if it materializes, is vertical integration from ambition. Huawei’s semiconductor strategy is vertical integration under co…
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“Sometimes, I wonder why I bother going to work at all,” an executive in a class I was teaching said during a discussion about artificial intelligence. He was not burned out in the conventional sense; he was struggling to understand where he fit in a workplace where machines were taking on more of the tasks that once defined his job. The executi…
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