Tag: implementation

Businesseconomyfinance

The AI Race Is An Energy Race, And Regions With Nat Gas Are Winning

The post The AI Race Is An Energy Race, And Regions With Nat Gas Are Winning appeared com. Countries and companies in the AI race are increasingly realizing they are in an energy race. On some days, it seems as if AI is driving energy, with AI data centers representing the most significant new power demand growth in decades. On other days, it seems as if energy is driving AI, with the largest technology companies scrambling to secure power and even vertically integrating to avoid external energy constraints. Whether AI or energy was in the driver’s seat was one of the questions at the SAIT AI Summit this past week, in Calgary, Alberta, the energy hub of Canada, as executives from major energy companies spoke about using AI tools while also working to supply the energy this technology requires. “Energy companies are in the unique position of deploying artificial intelligence internally to enhance operations, while also providing energy to data centers powering this transformational shift in technology. Across our events and programs, we are seeing more integration and implementation of artificial intelligence at the executive level within the energy sector,” said Lora Bucsis at SAIT, Director, Product and Learner Success. The increasing overlap between tech and energy is a welcome change for the energy sector, with the largest companies in the world, from Alphabet to Meta, now deploying all their cash, and then some, into the physical economy. Commodities have not benefited from a true capex boom in decades, but this is now changing. Goldman estimates that capex spending amongst the S&P 500 will accelerate by 17% this coming year, driven primarily by data centers and associated power needs. Returns on AI have so far not kept up with the level of investment, but unique dynamics may sustain capital spending regardless of immediate returns. Governments view AI advantages as existential, so there is nothing stopping governments from printing.

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BusinesseconomyfinanceTechnology

Mt. Gox’s security flaws costed millions. Could AI have spotted them?

Could AI have prevented the collapse of Mt. Gox had it been around then? Mt. Gox’s former CEO’s AI-powered post-mortem raises an interesting ‘what if.’ Former Mt. Gox CEO Mark Karpelès probably wishes he had access to today’s artificial intelligence when he bought Mt. Gox from its founder, Jed McCaleb, in 2011. That’s because Karpelès has just fed an early version of Mt. Gox’s codebase into Anthropic’s Claude AI. What he got back was an analysis that broke down the key vulnerabilities that led to the defunct exchange’s first major hack, while labelling it “critically insecure.”In a Sunday X post, Karpelès said he uploaded Mt. Gox’s 2011 codebase to Claude, alongside various data, including GitHub history, access logs and data “dumps released by” the hacker. Read more.

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general

EU Launches New LGBTIQ+ Strategy

Click to expand Image Flags of the Europe waving in front of the Le Berlaymont building, headquarters of the European Commission, in Brussels, Belgium in April 2024. Building on the 2020-2025 framework, it reaffirms the goal of making “a Union of Equality” a lived reality, while confronting the surge in anti-LGBTIQ rhetoric and violence across Europe and beyond. The strategy aims to strengthen the EU’s legal and policy framework against discrimination, calling for the full implementation of the Equal Treatment Directive and stronger safeguards against hate speech, hate crimes, and “conversion practices.” It also reinforces commitments to inclusive education, equitable health care, and recognition of diverse families across member states. By embedding LGBTIQ+ equality in EU external action, the strategy positions the EU as a global defender of LGBTIQ+ rights. Through the Neighbourhood, Development and International Cooperation Instrument and the Citizens, Equality, Rights and Values programme, the EU pledges continued funding for human rights defenders and civil society worldwide, making equality a pillar of EU development and foreign policy. These commitments are crucial as the EU negotiates its next seven-year budget, especially at a time when cuts to foreign aid are hurting LGBTIQ+ organizations worldwide. The strategy comes at another critical juncture: Within the EU, crackdowns on LGBTIQ+ rights in countries including Hungary, Slovakia, and Bulgaria highlight the EU’s mixed record and the need for more concerted action by the commission to hold member states accountable. These trends mirror a global backlash marked by the spread of anti-LGBTIQ+ and anti-gender narratives, the criminalization of same-sex relations, and the targeting of transgender people. The new EU strategy seeks to anchor LGBTIQ+ equality as essential to democratic resilience, linking internal coherence with external credibility. Nonetheless, challenges persist. Implementation will depend heavily on member states’ political will, and enforcement mechanisms remain limited. Moreover, while external funding is vital, ensuring that it reaches grassroots actors in repressive contexts will require greater flexibility and direct-access mechanisms. Overall, the LGBTIQ+ Equality Strategy 2026-2030 is a reaffirmation of the EU’s aspiration to be a global human rights leader. It sends a clear message: protecting LGBTIQ+ rights is central to democracy, social justice, and the EU’s identity at home and abroad. The EU and its member states should honor the ambitions articulated in the strategy in political and financial decisions both domestically and internationally.

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