How China’s EV Boom Caught Western Car Companies Asleep at the Wheel

David Tyfield, a professor of political economy at Lancaster University and author of the 2019 book Liberalism 2.0 and the Rise of China, tells me there is “no future for the EV which does not feature significant, if not disproportionate, Chinese presence. Chinese companies are just too far in the lead across the whole supply … Read more

Mexican tequila and beers Don Julio, Modelo boom in the U.S.

Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California.  Mario Tama | Getty Images People in the U.S. are drinking less alcohol than they used to, but when they do indulge, they’re more likely than ever to opt for a beverage originating from … Read more

Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows

The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to … Read more

UNESCO Listing Sparks Chaotic Tourist Boom in Ancient Thai Town

The Khao Klang Nok monument in Si Thep, an ancient town 150 miles north of Bangkok, has survived more than a thousand years as kingdoms and empires rose and fell around it. But in just the week since the terraced temple and its surrounding area was named a World Heritage Site by the United Nations … Read more

How the generative A.I. growth might without end change internet marketing

Sebastien Bozon | AFP | Getty Photos Shortly after ChatGPT hit the market final yr and immediately captured headlines for its capacity to look human in answering consumer queries, digital advertising veteran Shane Rasnak started experimenting. As somebody who had constructed a profession in creating on-line advert campaigns for shoppers, Rasnak noticed how generative synthetic … Read more

Why the EV growth may put a significant pressure on our energy grid

Over half of all new vehicles bought within the U.S. by 2030 are anticipated to be electrical autos. That might put a significant pressure on our nation’s electrical grid, an ageing system constructed for a world that runs on fossil fuels. Home electrical energy demand in 2022 is anticipated to extend as much as 18% … Read more

At the moment’s AI growth will amplify social issues if we do not act now, says AI ethicist

AI builders should transfer shortly to develop and deploy methods that handle algorithmic bias, mentioned Kathy Baxter, principal Architect of Moral AI Apply at Salesforce. In an interview with ZDNET, Baxter emphasised the necessity for numerous illustration in information units and consumer analysis to make sure truthful and unbiased AI methods. She additionally highlighted the … Read more