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- New battery material found, Global economy faces "wasted" decade
New battery material found, Global economy faces "wasted" decade
Global economy's slow growth; AI risks in elections; 'Mr Bates' drama sparks change; New AI-led battery tech; Tax reform boosts revenues.
Interesting day. I think this is the first time news about a TV show got a rating over 7. Enjoy.
Today ChatGPT read 1165 top news stories. After removing previously covered events, there are 5 articles with a significance score over 7.
[7.0] Global economy faces "wasted" decade with weakest growth — The New York Times [$]
The World Bank warns of a potential "wasted" decade with the slowest growth in 30 years due to pandemic recovery, wars, and climate risks. Global economic growth is projected to decrease to 2.4% in 2024, with the current decade on track to be the weakest in recent history.
[7.0] AI-driven misinformation threatens global elections and the economy — The Guardian
The World Economic Forum warns that AI-driven misinformation could disrupt global politics and economies, especially with elections in countries comprising 60% of global GDP this year. Their report, based on 1,400 expert opinions, highlights a 30% risk of a global catastrophe within two years and a two-thirds chance within a decade. Short-term risks include misinformation, extreme weather, and societal polarization, while long-term concerns focus on climate change and environmental issues.
[7.0] Global minimum tax effective Jan 1 to boost state revenues — Financial Times [$]
The OECD reports that tax havens like Ireland and the Netherlands may see up to a 34% increase in state revenue from multinationals due to the new global minimum tax. This tax, effective from January 1, ensures a minimum 15% tax rate on large multinational profits. The overall additional tax revenue from the global minimum tax is now estimated to be between $155bn and $192bn annually. High-income countries are also expected to see a revenue increase, albeit smaller.
[7.0] "Mr Bates vs the Post Office" led to exoneration and compensation — The Guardian
ITV's drama "Mr Bates vs the Post Office" has prompted the UK government to propose legislation to exonerate and compensate over 700 sub-postmasters wrongfully accused of fraud due to faulty accounting software. The series, which attracted 3.5 million viewers, has been influential in highlighting the miscarriage of justice, leading to a petition with over one million signatures calling for the former Post Office CEO to return her CBE (Commander of the Order of the British Empire). The show's impact is considered unprecedented in British TV history, potentially leading to swift justice for those affected.
[7.0] New battery material that uses less lithium found in AI-powered search — The Washington Post [$]
Microsoft's team used AI and high-performance computing to analyze 32.6 million potential battery materials in 80 hours, a process that would have taken 20 years manually. They discovered new materials for batteries with reduced lithium reliance, sharing top candidates with Pacific Northwest National Laboratory. The research, yet to be peer-reviewed, was posted on arXiv and is part of a three-year collaboration to innovate in battery technology.
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