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"The price of many goods will eventually fall dramatically (right now, the cost of intelligence and the cost of energy constrain a lot of things), and the price of luxury goods and a few ...
My own research shows that the effect of the suite of AI technologies is more likely to be in the range of about 0.5%-0.6% increase in U.S. TFP and about 1% increase in US GDP within 10 years ...
The report also asserts that generative AI is both altering the current scope of existing human rights risks associated with digital technologies (including earlier forms of AI) and has unique ...
The expiry of patents works to limit the period of exclusive rights to sell a new drug. After a time of profiting from legally enforced artificial scarcity, the patent expires, and other companies can make generic versions, and compete on price in a free market. [citation needed]
Authoritarian capitalism, [1] or illiberal capitalism, [2] is an economic system in which a capitalist market economy exists alongside an authoritarian government.Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with restrictions on dissent ...
The regulation of AI in China is mainly governed by the State Council of the People's Republic of China's July 8, 2017 "A Next Generation Artificial Intelligence Development Plan" (State Council Document No. 35), in which the Central Committee of the Chinese Communist Party and the State Council of the PRC urged the governing bodies of China to ...
The legislation capped retail prices at 4.3 cents per kWh and Ontario Power Generation (the successor of Ontario Hydro's electricity generation division) was to provide customers with a rebate for 100% of all electricity charges above that mark, retroactive to the market opening and continuing until 1 May 2006. Transmission and distribution ...
‘Copper is the new oil,’ and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says Jason Ma May 19, 2024 at 12:39 PM