Author: Colin Henderson

Progress in era of productivity
AI

Europe Must Rethink its Strategy for AI

Colin Henderson

The European Court of Auditors Highlights Urgent Need for Action as Europe Falls Behind in Technological Innovation The ECA stresses that while the European Commission has taken important steps toward developing a strong AI ecosystem, significant challenges remain. Without addressing these key areas, the EU risks falling behind global leaders in AI innovation and missing out on the associated economic and societal benefits. ​By Paolo Licandro​BRUSSELS, November 6, 2024 – 4 MINUTES READ The EU Court of Auditors (ECA) wrote a recommendation on EU strategy on Artificial Intelligence (A.I.). It is evident to everyone that Europe is once again chasing yet another technological revolution … Continue reading Europe Must Rethink its Strategy for AI

AI

Palantir Is Still Full Of Potential (Rating Upgrade)

Colin Henderson

Nov. 06, 2024 1:45 AM ETPalantir Technologies Inc. (PLTR) Stock7 Comments John Bowman 2.58K FollowersPlay (10min) Summary hapabapa Introduction I first recommended Palantir Technologies Inc. (NYSE:PLTR) back in June with a buy rating, when I wrote Don’t Underestimate Palantir’s B2B Prowess. Since then, the stock has more than doubled. Seeking Alpha I am personally long Palantir; I bought in shortly after the article was published, and am also up over 100% since then. However, I’m not necessarily here to gloat, but to cover Palantir’s Q3 earnings report, which was released this week, and resulted in a resounding approval from the market. Data by YCharts That … Continue reading Palantir Is Still Full Of Potential (Rating Upgrade)

AI
Colin Henderson

Amazon Keeps Profit Margins in Orbit E-commerce giant’s strong operating earnings offset huge jump in AI spending and counter worries of margin decline By Dan GallagherFollow Nov. 1, 2024 at 6:00 am ET 7 Gift unlocked article Listen (4 min) Amazon CEO Andy Jassy says he expects next year’s capital spending to surpass this year’s planned $75 billion. PHOTO: DAVID RYDER/BLOOMBERG NEWS Like its big tech rivals, Amazon.com AMZN 6.56%increase; green up pointing triangle is spending a king’s ransom on artificial intelligence. Unlike them, it also has plenty of customers dropping money on toothpaste and razorblades.  That strange brew proved a potent mix for the company’s third-quarter reportThursday. Amazon … Continue reading

Geopolitics

Has Democracy a Future?

Colin Henderson

By Arthur M. Schlesinger, Jr. September/October 1997Published on September 1, 1997 Solidarity founding leader Lech Walesa during his presidential campaign in Plock, Poland, May 1989Leszek Wdowinski / Reuters Source Foreign Affairs 1997 THROUGH A GLASS DARKLY The twentieth century has no doubt been, as Isaiah Berlin has said, “the most terrible century in Western history.” But this terrible century has—or appears to be having—a happy ending. As in melodramas of old, the maiden democracy, bound by villains to the railroad track, is rescued in the nick of time from the onrushing train. As the century draws to a close, both major villains have perished, … Continue reading Has Democracy a Future?

Canada, Economy

Financial planning in Canada is a mess

Colin Henderson

This from the Financial Post confirms planning is not co-ordinated at all and hardly considers black swan events. Financial Post FP Posthaste Nov 01, 2024 The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic product, and the latest data is only causing policymakers more grief. In the central bank’s October Monetary Policy Report (MPR), it forecasted third-quarter GDP of 1.5 per cent, a big drop from its 2.8 per cent estimate in July. After the GDP data release on Thursday, the central bank’s … Continue reading Financial planning in Canada is a mess

AI

Nvidia-backed AI firm Iambic unveils drug discovery ‘breakthrough’

Colin Henderson

By Martin Coulter October 29, 20247:08 AM EDTUpdated 7 hours ago LONDON, Oct 29 (Reuters) – Biotech firm Iambic Therapeutics unveiled on Tuesday what it says is a breakthrough artificial intelligence model that could drastically reduce the time and money needed to develop new drugs. A growing number of tech startups are using AI to advance pharmaceutical research. Iambic, which has previously won investment from tech giant Nvidia (NVDA.O), opens new tab, published details of its new AI drug discovery model, named “Enchant”. Enchant was trained on large troves of pre-clinical data, derived from laboratory tests conducted on drugs before they were … Continue reading Nvidia-backed AI firm Iambic unveils drug discovery ‘breakthrough’

AI

The AI National Security Memo and broader evolution of AI inferred

Colin Henderson

AI National Security Memo followed by MicKinsey memo on evolution of AI usage On October 24, 2024, the White House issued the first National Security Memorandum (NSM) on Artificial Intelligence, marking a significant development in U.S. AI policy and national security strategy[1][3]. This memorandum outlines a comprehensive approach to harnessing AI for national security objectives while addressing associated risks and challenges. Key Aspects of the AI National Security Memo AI as a National Security Priority The NSM identifies AI leadership as a critical national security priority for the United States[1]. It acknowledges that competitors have engaged in economic and technological … Continue reading The AI National Security Memo and broader evolution of AI inferred

AI

AI-assisted surgery a ‘game-changer,’ says UHN surgeon

Colin Henderson

Dr. Amin Madani, a surgeon-scientist in UHN’s Sprott Department of Surgery and head of the Surgical AI Research Academy, worked with experts in computer vision to develop technology that applies AI to the surgical field. UHN  A team of researchers at University Health Network (UHN) in Toronto is developing a revolutionary program that harnesses the skills of surgeons by using artificial intelligence to improve the accuracy of surgery in real time. The technology, part of the world-leading research at UHN that is transforming medicine and countless patients’ lives, is set to be used in clinical trials beginning this fall. It … Continue reading AI-assisted surgery a ‘game-changer,’ says UHN surgeon