White House Will Use $400 Million Ukraine Aid Fund Before Deadline

1 In 5 Jobs Faces High Risk Of AI Automation As concerns about AI-driven job losses grow, new research sheds light on how artificial intelligence could impact the U.S. labor market in the short term. According to an OpenAI framework analyzing how AI affects different occupations, published last April, nearly half of all jobs (46 percent) are expected to see little immediate change, while around 24 percent are likely to be reorganized as tasks shift rather than disappear. As Statista's Tristan Gaudiaut shows in the chart below, a smaller but still significant share of roles face...

Beijing Wants Nvidia Out But China's AI Developers Aren't Ready China has spent years pouring money and political capital into building a homegrown semiconductor industry. Yet when its AI companies need to train their most sophisticated models, many still turn to Nvidia, according to South China Morning Post. The biggest obstacle may no longer be the chips themselves. It is everything developers have built around them. Nvidia’s CUDA software has become deeply woven into the way AI labs operate. Models, training tools and internal workflows have been designed around the platform, meaning...

The Fallacy Of Stable Prices Authored by George Ford Smith via Mises Institute, Though Herbert Hoover was a pioneer among presidents in getting the government to "do something" about a depression, he was no maverick. He had the support of distinguished court economists who promoted the idea that stable prices were the key to lasting prosperity. Common sense tells us that if we walk into a store and find prices consistently lower than they had been, we are better off, other things equal, because our money buys more. As Rothbard wrote, "Increased...