Author: Net economy

China’s AI dominance worries Pentagon and other US officials | Vox

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The Pentagon’s first-ever chief software officer abruptly quit earlier this month, and now we know exactly why: Nicolas Chaillan, former CSO of the United States Air Force and Space Force, told the Financial Times that the United States has “no competing fighting chance against China in 15 to 20 years” when it comes to cyberwarfare and artificial intelligence.

Chaillan, a 37-year-old tech entrepreneur, added that cyber defenses at many government agencies are at “kindergarten level,” and that companies like Google were doing the US a disservice by not working with the military more on AI, since Chinese companies were making a “massive investment” in AI without getting all hung up on the ethics of it all. And while quitting your job because America has already lost the AI race is a bit dramatic, Chaillan isn’t the only one who’s concerned about China’s dominance in this arena.

Source: China’s AI dominance worries Pentagon and other US officials – Vox

Inside Alden Global Capital | The Atlantic

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A secretive hedge fund called Alden Global Capital is snapping up some of America’s most storied newspapers and gutting them for short-term profit. But to describe it as a vulture of a company isn’t quite right, one former Chicago Tribune reporter told my colleague McKay Coppins:

“A vulture doesn’t hold a wounded animal’s head underwater. This is predatory.”

Source: Inside Alden Global Capital – The Atlantic

Is joint EU gas purchasing really a bad idea? | EURACTIV.com

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Rather than going all the way to joint gas purchasing and strategic stocks, a European solidarity mechanism could be implemented quickly and relatively cheaply to address Europe’s current – and likely future – energy supply problems, argue Christian Egenhofer and Irina Kustova.

Christian Egenhofer is Associate Senior Research Fellow at the Centre for European Policy Studies (CEPS) and Senior Research Associate at the School of Transnational Governance, part of the European University Institute in Florence. Irina Kustova is Research Fellow at CEPS.

The EU and its Member States are struggling with the growing political fallout of what some are calling the ‘energy price crisis’. Various governments are reacting with transfers, tax reductions or tax holidays to help embattled consumers and businesses.

Source: Is joint EU gas purchasing really a bad idea? – EURACTIV.com

Eleven European countries call for ambitious measures to tackle waste in textiles | EURACTIV.com

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Eleven European countries have called on the European Commission to put forward ambitious measures to crack down on waste in the textiles industry in its textiles strategy, expected to be proposed in the coming months.

In a joint paper sent last week, the eleven countries – Austria, Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Norway, Spain, and Sweden – highlight the need for an “ambitious and comprehensive” strategy that covers the whole value chain.

Source: Eleven European countries call for ambitious measures to tackle waste in textiles – EURACTIV.com

G7 to explore carbon pricing and green finance for developing nations | EURACTIV.com

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G7 Finance Ministers have agreed on a new set of principles aimed at improving global supply chain resiliency and backing a new initiative from the International Monetary Fund (IMF) aimed at helping developing countries boost green economic opportunities. EURACTIV’s media partner, Edie.net, reports.

A meeting of G7 Finance Ministers and Central Bank Governors in Washington DC has led to a new agreement on collaborative efforts to monitor supply chain pressures across the globe.

Source: G7 to explore carbon pricing and green finance for developing nations – EURACTIV.com

EU outlines short and long-term answer to global energy price surge | EURACTIV.com

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The European Commission unveiled on Wednesday (13 October) a “toolbox” of measures  EU countries will be able to draw from when responding to rising energy prices in the short term, while pointing to an upcoming gas market reform for measures to be considered in the long term.

The measures outlined on Wednesday are designed to alleviate the pressure on households and small businesses “without harming the EU internal energy market or the green transition in the medium-term,” the EU executive said in a statement.

Source: EU outlines short and long-term answer to global energy price surge – EURACTIV.com

‘Come In Low’: Army Aviation Modifies Training To Prepare For Rivals Like Russia, China | Breaking Defense

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Even with the fielding of the Army’s future vertical lift capabilities years away, the service is adjusting how it trains its aviators to prepare them for new tactics, techniques and procedures for future wars.

For the last 20 years of counter-terrorism operations, Army rotorcraft have operated higher altitudes in battle. But the future battlefield, the Army will fly in the lower tier of airspace to avoid the anti-access/area denial capabilities of advanced adversaries like China and Russia, according to Maj. Gen. David Francis, commander of the Army Aviation Center of Excellence.

Source: ‘Come In Low’: Army Aviation Modifies Training To Prepare For Rivals Like Russia, China – Breaking Defense Breaking Defense – Defense industry news, analysis and commentary

New Shakeup Coming To Space Force Acquisition | Breaking Defense

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The Department of the Air Force on Monday will put in place a realignment of initial space policy development that in the past has been directly under the purview of the Air Force secretary, handing them instead to the office of the Space Force chief, Breaking Defense has learned.

Source: Exclusive: New Shakeup Coming To Space Force Acquisition – Breaking Defense Breaking Defense – Defense industry news, analysis and commentary

How we can protect the vast living space of the deep ocean | Aeon Essays

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Defend the deep | Aeon
‘Speak, thou vast and venerable head … Of all divers, thou hast dived the deepest. That head upon which the upper sun now gleams, has moved amid this world’s foundations.’ So says Captain Ahab as he peers over the side of his whaling ship, Pequod, at the head of a sperm whale.

Herman Melville would have been astounded to know what sperm whales encounter as they hunt in the deep sea. When Moby Dick (1851) was published, the scientific establishment still generally held the view that below the upper 300 fathoms (around 550 metres) the ocean was empty of life. In truth, the deep is not only a ghoulish realm of shipwreck and pirate victims, as Melville imagined, it’s home to a tremendous panoply of strange animals. Sperm whales dive well past the 200-metre mark – the official beginning of the deep – to at least 2,000 metres. As they chase after enormous squid, sperm whales pass so many lifeforms unlike anything on land.

Source: How we can protect the vast living space of the deep ocean | Aeon Essays

Here’s Why Workers Are Quitting Their Jobs in Record Numbers | Time

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If April 2020 was the month of pink slips—as the rapid spread of COVID-19 resulted in the loss of 20.5 million jobs—then Fall 2021 is the dawn of their revenge.

A record-breaking 4.3 million Americans quit their jobs in August across an array of industries, according to a report released Tuesday by the Bureau of Labor Statistics (BLS). That’s the highest level since the agency started tracking such data in 2000, and the sixth consecutive month of sky-high quitting rates. Meanwhile, the 7.7 million people who remain unemployed aren’t, for the most part, jumping at the roughly 10.4 million job openings—leaving business after business with ‘Help Wanted’ placards in their windows.

Source: Here’s Why Workers Are Quitting Their Jobs in Record Numbers | Time