The Real Threat Is Artificial Credit, Not Artificial Intelligence

Hezbollah's Cheap Fiber Optic Drones A Growing, Deadly Problem For Israeli Troop Convoys Via The Cradle Hezbollah attacked the Israeli army with a fiber-optic drone in the Galilee on Thursday, injuring at least a dozen soldiers and destroying a military vehicle.  Israeli Army Radio reported that 12 soldiers were injured when the drone struck a military position in the Shomera settlement. Two soldiers were “moderately” injured while 10 sustained minor wounds, Army Radio added, also revealing that other soldiers may be transferred to the hospital later for anxiety and ringing in the ears. Source: Israeli...

EU Joins US-Led Pax Silica Alliance To Secure AI Supply Chains Authored by James Xu via The Epoch Times, The European Commission, Germany, Greece, and the Netherlands have joined the U.S.-led Pax Silica partnership, expanding a group focused on securing supply chains for artificial intelligence and other critical technologies. Semiconductor chips on a circuit board of a computer on Feb. 25, 2022. Florence Lo/Illustration/Reuters The announcement came at a summit in Washington on June 23 hosted by the U.S. State Department. The partnership aims to strengthen cooperation on semiconductors, critical minerals, energy, and...

Backroom Detente: A Curious Lack Of Iranian Strikes On UAE, While Others Get Hit President Trump is vowing another consecutive night of even heavier US military strikes on Iran. Yesterday's salvo involved at least 49 Tomahawk missile strikes, mainly happening against southern coastal areas off the Strait of Hormuz. Amid Iran's counter-attacks on Gulf nations and reportedly on American bases hosted in these Arab Gulf allied states, there's been a curious lack of any new launches against the United Arab Emirates.  Kuwait and Bahrain have been hit especially hard in this week's...