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South Korea convened an international summit on Monday seeking to establish a blueprint for the responsible use of artificial intelligence (AI) in the military, though any agreement is not expected to have binding powers to enforce it.

More than 90 countries including the United States and China have sent government representatives to the two-day summit in Seoul, which is the second such gathering.

The first summit was held in The Hague last year, where the United States, China and other nations endorsed a modest "call to action, opens new tab" without legal commitment.

 

Youth unemployment in China ticked up to 17.1% in July, official figures showed, the highest level this year as the world's second-largest economy faces mounting headwinds.

China is battling soaring joblessness among young people, a heavily indebted property sector and intensifying trade issues with the West.

Chinese Premier Li Qiang, who is responsible for economic policy, called Friday for struggling companies to be "heard" and "their difficulties truly addressed," according to the state news agency Xinhua.

The unemployment rate among 16- to 24-year-olds released Friday by the National Bureau of Statistics (NBS) was up markedly from June's 13.2%.

 

A federal judge in Florida has temporarily blocked a U.S. Federal Trade Commission rule that would ban agreements commonly signed by workers not to join their employers' rivals or launch competing businesses, becoming the second judge to rule that the ban is likely invalid.

During a hearing on Wednesday, U.S. District Judge Timothy Corrigan in Ocala, Florida, blocked the FTC from applying the rule to real estate developer Properties of the Villages, pending the outcome of the company's lawsuit claiming the commission lacked the power to adopt the ban earlier this year.

Corrigan at the hearing said the rule implicated a question of "extraordinary economic and political significance" that Congress did not empower the FTC to address, according to a court transcript.

Corrigan cited the "major questions doctrine," a legal theory embraced in recent years by conservative lawyers and judges - including the U.S. Supreme Court - in challenges to many Democratic and progressive policies. The doctrine says that federal agencies can only issue rules with broad societal impacts with Congress' explicit permission.

 

A white woman who fatally shot her Black neighbor through a locked door amid a neighborhood feud in Florida has been convicted by a jury of manslaughter.

The jury took less than three hours Friday to find 60-year-old Susan Lorincz guilty in the death of Ajike "AJ" Shantrell Owens, a 35-year-old single mother who was shot once in the right side of her chest with a .380-caliber handgun while standing outside Lorincz's front door in June 2023. Owens' death drew national attention and put a new spotlight on race, gun violence and Florida's controversial "stand your ground" law.

The defense team offered no comment after the verdict, citing respect for the victim's family. In a news conference outside the courthouse, Anthony Thomas, an attorney representing Owens' family, called on Circuit Judge Robert Hodges to impose the maximum sentence of 30 years in prison.

 

Democratic vice presidential pick and Minnesota Gov. Tim Walz flexed his Midwestern roots during a rally in Nebraska on Saturday as Democrats attempt to court voters.

Less than two weeks after Democratic front runner Vice President Kamala Harris announced him as her vice presidential pick, Walz held the first solo rally of the presidential campaign in Nebraska near the state's competitive Second Congressional District surrounding Omaha, which both campaigns are eyeing to grab.

Walz is no stranger to the Cornhusker state. Before becoming the governor of Minnesota, he grew up in Nebraska, went to Chadron State College in Chadron, Nebraska, served in the Nebraska Army National Guard, and met his wife, Gwen, while teaching in Alliance, Nebraska. On Saturday, he reminded rallygoers that he is the only candidate on both presidential tickets with those roots, making multiple references to Nebraska culture, from cinnamon rolls and chili to college football.

 

Jubilant FoodWorks (JUBI.NS), opens new tab, Domino's Pizza's (DPZ.N), opens new tab Indian franchisee, reported a near two-fold increase in first-quarter profit on Friday, as value meals attracted budget-conscious customers.

Consolidated net profit rose to 558 million rupees ($6.65 million) for the quarter ended June 30, from 289.2 million rupees a year earlier, it said in an exchange filing.

Persistently high inflation has been prompting consumers to pare back spending on dining out or ordering in. India's retail inflation hovered around 5% throughout the quarter amid high food prices, increasing cost pressure on the quick-service restaurant sector.

To spur demand Jubilant offered free home delivery and value deals such as meals for 99 rupees ($1.18), in a quarter that coincided with the T20 Cricket World Cup and school summer vacations.

 

U.S. based short-seller Hindenburg Research alleged on Saturday that the head of India's market regulator, Madhabi Puri Buch, previously held investments in offshore funds also used by the Adani Group.

In a late night press statement, Buch said the report's allegations were baseless.

A personal statement from Buch on Sunday said that all disclosure requirements had been followed diligently and that investments in the fund referred to in the Hindenburg report were made in 2015 in a private capacity, two years before she joined the Securities and Exchange Board of India.

India's markets regulator also asked investors to remain calm and exercise due diligence before reacting to such reports.

 

The pace of Russia's economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of "overheating."

Gross domestic product (GDP) dipped from 5.4% in the first quarter to 4% from April to June, the lowest quarterly result since the start of 2023 but still a sign the economy is expanding.

Inflation meanwhile showed no signs of easing, with consumer prices rising 9.13% year-on-year in July — up from 8.59% in June and the highest figure since February 2023, according to data from the Rosstat statistics agency.

 

The sheriff's deputy charged with fatally shooting Sonya Massey in the face has been the subject of several complaints alleging belligerent behavior toward women, a USA TODAY review of public records shows.

Despite the complaints, Sangamon County Sheriff's Deputy Sean P. Grayson was never prohibited from working in law enforcement and moved from one police agency to another, the records show, calling into question how he got the job he held when Massey was shot.

The July 6 killing of Massey has sparked national outcry over police brutality, coast-to-coast demonstrations and a federal probe by the Justice Department.

The hiring practices of the sheriff's department have also been under fire from Illinois Gov. JB Pritzker, who earlier this week formally called for Sangamon Sheriff Jack Campbell to resign, expressing frustration with how the sheriff has responded to Massey's death. Amid the growing pressure and questions about Grayson's hiring, Campbell said on Friday he will step down and retire.

 

Greenland has melted before, and as the climate warms, it will melt again — this time leading to what scientists warn could be 20 to 25 feet of sea-level rise.

During one of the warm periods within the last 1.1 million years, the center, not just the edges, of Greenland's massive ice sheet melted away, new research has found, giving way to a dry and barren "tundra landscape" that was home to various insects and plant life. The findings were shared in a new paper published today in the Proceedings of the National Academy of Sciences.

When the ice sheet initially melted, there were lower levels of greenhouse gasses in the atmosphere than there are today. Now with more carbon dioxide in the atmosphere, scientists say Greenland's ice sheet is more susceptible to melting than previously thought.

 

In 2010, as the country still reeled from the worst economic crisis since the Great Depression, tech companies, real estate developers and rural lobbyists went to the state Capitol in Olympia to press for a tax break for data centers.

Turning it down, supporters argued, would mean rejecting high-paying, long-term and environmentally friendly jobs in distressed parts of rural Washington. Owners of data centers — gargantuan facilities filled with computer servers that power the internet — were scouting Washington and other states for new homes.

“In the end,” then-state Sen. Rodney Tom, D-Medina, who advocated for the tax break, told his Senate colleagues, “we get the clean jobs that all the states are competing with, as far as the jobs it takes to run these things long term.”

State lawmakers nearly unanimously passed the special exemption and have kept the benefits flowing to the industry ever since. But the tax break has strayed from its original promises, and the state failed to fully scrutinize whether the sacrifices were worth it, a deep examination of legislative archives, public tax disclosures and utility data by The Seattle Times and ProPublica revealed.

 

The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and Artificial Intelligence (AI) projects, the BBC has learned.

It includes £800m for the creation of an exascale supercomputer at Edinburgh University and a further £500m for AI Research Resource, which funds computing power for AI.

Both funds were unveiled less than 12 months ago. The Department for Science, Innovation and Technology (DSIT) said the money was promised by the previous administration but was never allocated in its budget.

Some in the industry have criticised the government's decision. Tech business founder Barney Hussey-Yeo posted on X that reducing investment risked "pushing more entrepreneurs to the US." Businessman Chris van der Kuyl described the move as "idiotic."

[–] [email protected] 2 points 1 month ago

You are right about this, but then there are people on social media who support these governments just because they are "left-wing" and this only makes things worse instead of diminishing them.

[–] [email protected] 1 points 1 month ago

Technically, what you say is possible thanks to the phenomenon called emergence and it is possible that AI can emulate human minds in the future.

[–] [email protected] 1 points 1 month ago

AI has been around for a long time and has had moments of high interest and low interest. The latter has been given the term "AI Winter." It is possible that there will be another winter if there is a limitation that cannot be avoided for several years.

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