Artificial Intelligence

If Australia’s policymakers don’t address the rising energy demands of AI, we risk falling behind other advanced nations. Despite its many critics, nuclear is a potential solution alongside renewables, and should not be ruled out so cavalierly.

Where the cost of living crisis is biting hardest; China’s pivot from growth to security; AI is a marathon, not a sprint; why interest rates might stay higher for longer; and plenty more in this week’s Fodder.

Why you should ignore pundits, Google breaks its brain (or how to slowly ruin a good business), Australia’s Workplace Gender Equality Agency released data that are about as useful as tits on a bull, and is Joe Biden too old?

Here are a few short takes for you to chew over on the weekend, from the week’s happenings that probably didn’t need a full post. 1. Protecting us from ourselves # I was scrolling through the AFR last Sunday, as one does, and noticed the following headline: Labor to overhaul ‘sophisticated investor’ test. Great, I thought – they’re finally going to make it possible for retail investors to buy higher-risk, higher-return products! How wrong I was:

US President Joe Biden recently passed an executive order regulating artificial intelligence (AI), which was met with mixed reactions. A common criticism is that the order was highly prescriptive – it assumed a lot a about the future direction of AI, even though it’s a huge unknown.