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Extreme weather may cost the global fashion industry $65 billion by 2030
Extreme weather may cost the global fashion industry $65 billion by 2030
Extreme heat and flooding are set to deal a massive blow to the global fashion industry, with four of the world's top garment producing countries at risk of missing out on $65 billion in earnings by 2030, according to a study from Cornell University and investment manager Schroders.
2023-09-14 12:48
Exclusive-China asks big banks to stagger and adjust dollar purchases - sources
Exclusive-China asks big banks to stagger and adjust dollar purchases - sources
SHANGHAI China's central bank has asked some of the country's biggest lenders to refrain from immediately squaring their
2023-09-14 12:47
Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering of tech giant chiefs
Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering of tech giant chiefs
Tesla titan and multi-billionaire Elon Musk has reportedly warned US senators at a private meeting that unregulated artificial intelligence technology poses a “civilisational risk” to society. Senate majority leader Chuch Schumer convened a meeting of the most prominent tech executives in the US to help pass a bipartisan legislation encouraging both the rapid development of AI technology and also mitigating its biggest risks. The closed-door meeting was attended by some of the tech industry’s biggest names, including Tesla and SpaceX boss Mr Musk, Meta’s Mark Zuckerberg, former Microsoft chief Bill Gates, Alphabet’s Sundar Pichai, as well as OpenAI founder Sam Altman. As Mr Musk left the Capitol building following several hours of the meeting, he told reporters that “we have to be proactive rather than reactive” in regulating AI as its consequences of going wrong are “severe”. “The question is really one of civilizational risk. It’s not like … one group of humans versus another. It’s like, hey, this is something that’s potentially risky for all humans everywhere,” he said, according to NBC News. Mr Musk also reportedly called for a government AI agency, similar to the Securities and Exchange Commission or the Federal Aviation Administration to oversee developments in the sector and ensure safety. Leaders in the tech industry also called for a balanced approach towards regulating AI. In his prepared remarks, Mr Zuckerberg said the two defining issues for AI are “safety and access”, adding that the US Congress should “engage with AI to support innovation and safeguards”. “New technology often brings new challenges, and it’s on companies to make sure we build and deploy products responsibly,” the Meta chief said. “This is an emerging technology, there are important equities to balance here, and the government is ultimately responsible for that,” he added. The Facebook founder called for policymakers, academics, civil society and industry to work together to minimise the potential risks of AI, but also to maximise its potential benefits. Some of the measures he suggested for building safeguards into AI systems included “selecting the data to train with, extensively red-teaming internally and externally to identify and fix issues, fine-tuning the models for alignment, and partnering with safety-minded cloud providers to add additional filters to the systems we release”. As lawmakers at the US Capitol Hill interacted with tech giant chiefs about potential AI regulations, companies including Microsoft, OpenAI, Meta, Alphabet, and Amazon were also being probed on the conditions of the workers behind tools like ChatGPT, Bing, and Bard. Lawmakers are reportedly probing the working conditions of data labelers who are tasked by companies, often at outsourced firms, to label data used to train AI and for rating chatbot responses. “Despite the essential nature of this work, millions of data workers around the world perform these stressful tasks under constant surveillance, with low wages and no benefits,” lawmakers, including Elizabeth Warren and Edward Markey, said in a letter to tech executives. “These conditions not only harm the workers, they also risk the quality of the AI systems –potentially undermining accuracy, introducing bias, and jeopardizing data protection,” they said. Read More Elon Musk was on brink of death after catching malaria on South African safari, book claims Fatherhood, rows with Amber Heard and ‘the woke mind virus’: 6 big revelations from Elon Musk’s biography Putin praises Musk as ‘outstanding person’ days after report Tesla boss stopped Ukrainian attack Long-form video content is here to stay, says YouTube UK boss Cybertruck sparked Tesla revolt that saw secret design plan, Musk biography reveals Everything Apple killed off at iPhone 15 event
2023-09-14 12:45
Vast stretches of coastal New England face hurricane and tropical storm watches ahead of Hurricane Lee's arrival
Vast stretches of coastal New England face hurricane and tropical storm watches ahead of Hurricane Lee's arrival
Hurricane Lee continues to creep toward New England, where hurricane and tropical storm watches have been issued for much of its coastal residents in anticipation of the colossal storm's possible impact on Friday and through the weekend.
2023-09-14 12:45
North Korea Says Putin May Visit After ‘Epoch-Making’ Talks With Kim
North Korea Says Putin May Visit After ‘Epoch-Making’ Talks With Kim
Russian President Vladimir Putin accepted an invitation from Kim Jong Un to visit North Korea after the two
2023-09-14 12:29
OpenAI launches office in Dublin with three job listings
OpenAI launches office in Dublin with three job listings
By Anna Tong Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company announced Thursday.
2023-09-14 12:24
Libyan rivals 'co-ordinating over flood disaster'
Libyan rivals 'co-ordinating over flood disaster'
More than 5,300 people died after dam bursts brought devastating floods to the eastern city of Derna.
2023-09-14 12:22
Putin and Kim meet in Russia, but what are the main takeaways?
Putin and Kim meet in Russia, but what are the main takeaways?
Covering a meeting between Russian President Vladimir Putin and North Korean leader Kim Jong Un might best be described as a caption contest: The two held what the Kremlin called "very substantive" discussions on Wednesday, but beyond a few photo opportunities, we still have very little idea what went on behind closed doors.
2023-09-14 12:21
Pentagon watchdog establishes new team in Ukraine to monitor US aid
Pentagon watchdog establishes new team in Ukraine to monitor US aid
The Pentagon's watchdog is establishing a new team in Ukraine to monitor ongoing US security assistance to Kyiv as a growing number of Republicans call for more oversight into how the money is being used.
2023-09-14 11:59
Groundbreaking migraine treatment offers ‘new hope’ for patients
Groundbreaking migraine treatment offers ‘new hope’ for patients
A treatment for acute migraines has been approved for NHS use for the first time, with experts saying the move could be a “step-change” for thousands of people who suffer from the condition. The National Institute for Health and Care Excellence (Nice) said its final draft guidance on Rimegepant “addresses the high unmet need for treatment options for acute migraine”. Rimegepant, also known as Vydura and made by Pfizer, will be available to adults who have tried at least two triptans – medication usually given to tackle headaches or migraines – but found they did not work well enough. It can also be administered to those who are not able to take triptans or have an intolerance, or patients who have tried nonsteroidal anti-inflammatory drugs (NSAIDs) and paracetamol. Helen Knight, director of medicines evaluation at Nice, said: “Migraine is a condition described in comments to Nice from carers and people with migraine as an invisible disability that affects all aspects of life including work, education, finances, mental health, social activities and family. “Today’s final draft guidance addresses the high unmet need for treatment options for acute migraine, once again demonstrating our ability to ensure clinically and cost-effective medicines are available to those who need them as quickly as possible.” Rimegepant is taken as a wafer, which dissolves under the tongue and works by stopping the release of a protein around the brain called calcitonin gene-related peptide. In July, the medicine was recommended as an option for preventing episodic migraines in adults who have at least four and fewer than 15 attacks per month if “at least” three other treatments have not worked. This is the first and only Nice-recommended medicine that can help alleviate the misery of acute migraines, and may be considered a step-change in treatment Helen Knight, Nice Under the latest guidance, it will also be used to relieve symptoms of a migraine, which can include pain, nausea and sensitivity to light, but also painless symptoms such as temporary visual disturbances known as “aura”, which Nice said “is not well managed with existing treatments”. The recommendation is expected to benefit about 13,000 people. Ms Knight added: “This is the first and only Nice-recommended medicine that can help alleviate the misery of acute migraines, and may be considered a step-change in treatment.” Migraine is an incredibly misunderstood condition that can have a significant impact on all areas of life, including ability to work, maintain relationships and mental health Robert Music, The Migraine Trust Robert Music, chief executive of The Migraine Trust, said the Nice guidance “provides people with migraine valuable options to help reduce the pain and length of a migraine attack”. “It brings new hope,” he added. “It will especially benefit those who have not found a treatment that works, those who get debilitating side effects – including medicine overuse headache – from them, and those with cardiovascular disease who cannot take existing treatments. “Migraine is an incredibly misunderstood condition that can have a significant impact on all areas of life, including ability to work, maintain relationships and mental health.” Read More NHS winter resilience fund announced by Government NHS reliance on paper notes ‘stopping trusts from realising full potential’ Recession fears as UK economy shrinks by more than expected in shock decline Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-14 11:57
Guatemalan president-elect suspends presidential transition process
Guatemalan president-elect suspends presidential transition process
Guatemalan President-elect Bernardo Arévalo de León has announced he is temporarily suspending the presidential transition process after Public Ministry agents raided electoral facilities and opened voting boxes.
2023-09-14 11:29
China to formulate 'special' measures to widen Taiwan's access to Fujian
China to formulate 'special' measures to widen Taiwan's access to Fujian
BEIJING (Reuters) -China will take a number of "special" policy measures to improve access for Taiwanese enterprises to Fujian province
2023-09-14 11:21
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