The UK government has launched a public consultation on whether to ban social media use for children under 16, drawing inspiration from Australia’s recently enacted age-based restrictions. “It would also explore how to enforce that limit, how to limit tech companies from being able to access children’s data and how Read more…
A PwC survey of more than 4,500 CEOs found that over half report no revenue growth or cost savings from their AI investments so far, despite massive spending. Of the 4,454 business leaders surveyed, only 12% saw both lower costs and higher revenue, while 56% saw neither benefit. “26% saw Read more…
Thanks to a giant eruption on the Sun and a large opening in its atmosphere, we’re currently experiencing G4 conditions — a severe geomagnetic storm strong enough to disrupt power grids as energy from space weather disturbances drives electric currents through Earth’s magnetic field and the ground. Experts say the Read more…
More than half of companies haven’t seen any financial benefit from their AI investments, according to PwC’s latest Global CEO Survey [PDF], and yet the spending shows no signs of slowing down. Some 56% of the 4,454 chief executives surveyed across 95 countries said their companies have realized neither higher Read more…
Germany is reinstating EV subsidies after a sharp sales drop, rolling out a 3 billion-euro program offering 1,500-6,000 euros per buyer starting in May and running through 2029. Unlike some neighboring countries, the incentives are open to all manufacturers with a focus on low- and middle-income households. From a report: Read more…
Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella has said. As countries race to build AI infrastructure to capitalize on the technology’s promise of huge efficiency gains, Nadella told the World Economic Forum (WEF) on Tuesday that “GDP growth in any Read more…
Lawmakers in Washington are once again focusing on kids, screens, and mental health. But according to Congress, Big Tech is somehow both the problem and the solution. The Senate Commerce Committee held a hearing [Friday] on “examining the effect of technology on America’s youth.” Witnesses warned about “addictive” online content, Read more…