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12.03.26 - 03:21
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AI Won′t Fix America′s Looming Debt Crisis (ZeroHedge)
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AI Won't Fix America's Looming Debt Crisis
Authored by David Youngberg via TheDailyEconomy.org,
Last month, Congress sparred with the president over a partial budget, but with few real cuts, America's slow march toward an epic debt crisis went on undeterred. With over $38 trillion in debt and interest payments exceeding defense or Medicare spending, one would expect lawmakers to confront reality and do the difficult work needed to restore fiscal sanity. But why would they? Cutting entitlements and increasing middle-class taxes rarely make for winning campaign slogans.
It's no surprise, then, that some prefer to pin their hopes on AI as America's fiscal savior. Vanguard's chief economist Joe Davis argued there's as high as a 50 percent chance AI will prevent a debt-driven economic malaise. Elon Musk voiced a similar conclusion late last year, claiming AI and robotics are “the only thing that's going to solve the US debt crisis.”
The argument goes like this: an AI boom d...
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12.03.26 - 03:06
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Chenbro highlights four risk factors amid promising AI server outlook (Digitimes)
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Chenbro CEO Corona Chen highlighted that the global server industry is undergoing a generational shift from cloud computing to AI, which will drive growth over the next decade and redefine industry architecture. While Chenbro is well-positioned to benefit, she warned of four key risk factors that require attention....
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12.03.26 - 02:36
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To make AI safe, put women and girls at the heart of the technology (SCMP)
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In late February, Hong Kong's Office of the Privacy Commissioner for Personal Data co-signed, alongside 60 overseas organisations, a statement to bring attention to the rising misuse of deepfakes. With rapid technological developments, growing AI integration and lower barriers to access, swift action is needed to safeguard women and girls against growing forms of technology-facilitated violence.
Technology-facilitated violence is not new; it has simply evolved. What began as pre-internet......
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12.03.26 - 02:24
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Nvidia invests US$2 billion in Nebius to build next-generation hyperscale AI cloud (Digitimes)
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Nvidia and Nebius Group announced a strategic partnership to develop and deploy a next-generation hyperscale cloud for the AI market, designed to serve both AI-native and enterprise customers. As part of the agreement, Nvidia will invest US$2 billion in Nebius, a move Nvidia said reflects confidence in Nebius's business and engineering expertise across the full AI technology stack....
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12.03.26 - 01:12
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′Convincing′ AI scams drove UK fraud cases to record 444,000 last year (The Guardian)
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Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says CifasCriminals are increasingly exploiting AI technology to take over people's mobile, banking and online shopping accounts, the UK's leading anti-fraud body has warned.Last year, a record number of scams were reported to the national fraud database, fuelled by AI, which allows for large-scale deception on “industrialised” levels, according to Cifas, the fraud prevention organisation. Continue reading......
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12.03.26 - 01:00
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Pegatron predicts AI server revenue to soar tenfold, driving quarterly gains in 2026 (Digitimes)
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Pegatron stated during its earnings call on March 11 that its artificial intelligence (AI) server business will grow tenfold in 2026, continuing the shipment momentum from 2025 and pushing overall operations to rise quarter by quarter. The company expressed confidence that full-year 2026 performance will achieve high single-digit to double-digit growth compared with 2025, as demand for AI shows no signs of slowing and continues to drive strong momentum in related infrastructure shipments....
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11.03.26 - 23:00
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Netflix may have paid $600 million for Ben Affleck’s AI startup (TechCrunch)
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Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage in post-production. This deal could be worth up to $600 million, according to Bloomberg, potentially ranking it among the streaming giant's largest acquisitions ever. The most Netflix has ever paid for a single acquisition was […]...
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