Donald Trump and billionaire adviser Elon Musk have both acknowledged that their policies will cause economic harm, with Trump admitting his tariffs would lead to pain and Musk conceding that government cuts would hurt.
https://www.rawstory.com/trump-tariff-toys/The emergence of new superpower competition in the 21st century can be understood by examining the "Great Game" between 19th-century British and Russian empires in Central Asia. Today, AI has become a battleground for influence, with the US and China vying to improve and commercialize their models. This is leading to an "AI-driven metropolisation" of societies and economies, where countries rely on other nations for unique data and resources, potentially threatening national sovereignty.
https://www.malaymail.com/news/what-you-think/2025/05/05/the-great-game-of-artificial-intelligence-jonathan-yen/175670Bloomberg's US launch of retina-scanning Orb devices has raised concerns over data privacy. OpenAI CEO Sam Altman remained silent when questioned about the issue, while privacy officers face increased challenges in managing personal information responsibly in an AI-era.
https://news.bloomberglaw.com/ip-law/ai-leaders-find-even-talking-about-privacy-concerns-a-struggleThe AI in Manufacturing Market is expected to grow significantly due to the increasing demand for specialized chips. Intel Corporation's launch of the 4th Generation Xeon Scalable Processors and Max Series CPUs and GPUs in January 2023 has propelled North America's market revenue growth, driven by large companies producing high-performance hardware components. The production planning segment held the largest market share in 2024, with AI-powered systems transforming demand prediction through sophisticated predictive analytics.
https://www.prnewswire.com/news-releases/ai-in-manufacturing-market-to-be-worth-47-88-billion-by-2030---grand-view-research-inc-302445917.htmlCyril Shroff Centre for AI, Law & Regulation has been announced by Jindal Global University, with support from Mr Cyril Shroff, founder of law firm Cyril Amarchand Mangaldas. This centre will be India's first dedicated centre of excellence focusing on the intersection of Artificial Intelligence (AI), law, policy and regulation in a growing digital economy.
https://www.deccanchronicle.com/news/cyril-shroff-centre-for-ai-law-regulation-soon-1877027JPMorgan is working to make AI more accessible to its employees, aiming to democratize its use beyond a select group. A recent Harvard Business School case study analyzed the bank's use of generative AI tools among its 4,000 high-net-worth private bank advisers. The initiatives have yielded significant benefits, including $1.5 billion in savings through fraud prevention, personalized services, optimized trading, and improved operational efficiency.
https://channelnewsasia.com/business/jpmorgan-says-ai-helped-boost-sales-add-clients-market-turmoil-5110086Jobs at risk of automation due to AI adoption include those in commerce and manufacturing, as seen with Meta's recent layoffs. Roles such as customer service representatives and data entry clerks may be replaced by AI-driven systems. Additionally, jobs in supply chain management and logistics are also expected to be impacted, as companies like Amazon and Walmart increasingly rely on AI for inventory management and order fulfillment.
https://en.tempo.co/read/2003965/jobs-that-ai-will-replace-is-your-current-job-at-riskPhysicists at MIT have developed a new molecule that could significantly shrink and speed up computers, potentially revolutionizing computing technology. The breakthrough was made by Bojan Stojkovski, who led the research team. This innovation has the potential to transform the field of computer science.
https://interestingengineering.com/space/spacecraft-satellite-pollution-debrisPakistan has launched a disinformation campaign targeting Sikh soldiers in the Indian Army, spreading false narratives and using AI-generated videos to create confusion and sow communal discord. The move comes after India announced diplomatic measures against Pakistan over the Pahalgam terror attack. Pro-Khalistani accounts have amplified anti-India agendas, fueling tensions between the two nations.
https://indiatoday.in/world/story/pahalgam-terror-attack-pakistan-online-disinformation-campaign-sikh-soldiers-khalistanis-join-in-2719891-2025-05-05