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Why aren't companies speeding up investment? A new theory offers an answer to an economic paradox
The pace of US business investment has fallen by about 50% over the past 50 years. Idle capacity, not cautious executives, explains the decline, research suggests.
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WorkWorkWorkWorkWorkWorkWorkWorkIs violent AI-human conflict inevitable? Are you worried that artificial intelligence and humans will go to war? AI experts are. In 2023, a group of elite thinkers signed onto the Center for AI Safety's statement that "Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war." WorkWorkWorkWorkWorkStates struggle with AI therapy app rules amid mental health needs As mental health chatbots driven by artificial intelligence proliferate, a small number of states are trying to regulate them. Laws in Illinois, Nevada and Utah are among the first in the nation to put limits on or ban therapy chatbots. But app creators, policymakers and mental health advocates say it is just a start and federal regulation would be ideal. App makers worry the patchwork of laws could stifle innovation needed due to a nationwide shortage of human therapists. They also note that many of the laws don't cover generic chatbots like ChatGPT. WorkWorkWorkWorkWorkNovel film manufacturing technique lets robots walk on water Imagine tiny robots zipping across the surface of a lake to check water quality or searching for people in flooded areas. This technology is moving closer to reality thanks to work by researchers at the University of Virginia's School of Engineering and Applied Science. Inspired by nature and insects such as water striders that walk on water, they created two prototype devices that can propel themselves across liquid surfaces. WorkWorkWorkWorkWorkDenmark bans civil drones after more sightings Denmark is closing its entire airspace to civilian drones. The ban comes as the Nordic country prepares to host European leaders after a flurry of suspicious drone activity in recent days. WorkAs investor for AHA, 'Venture Valkyrie' argues 'good medicine is good business' Now, given the current less-than-red-hot climate for venture capital and the sharp decline in government funding of academic biomedical research, AHA Ventures’ investments have taken on even more luster. So far this year, thousands of grants awarded by the National Institutes of Health have been halted because they don’t align with the Trump administration’s political agenda. New policies and new layers of political review come on top of an estimated 40% budget cut. WorkWorkWorkWorkWorkWalmart's CEO says he sees artificial intelligence changing every job As artificial intelligence and demographic changes reshape the U.S. job market, the nation's largest private employer is trying to identify the skills its workers and the broader labor force might need for the future. Walmart is working with other corporations and workforce experts to develop and fill jobs that don't require a college degree. In an interview with The Associated Press, CEO Doug McMillon said he thinks a lot of Americans don't know they can get trained and make a good living as truck drivers and maintenance technicians. He also said he thinks artificial intelligence has the capacity to change every job and people should embrace AI tools instead of resist them. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkEntrepreneur Charlie Javice sentenced to over seven years for defrauding JPMorgan Javice added prominent appellate lawyer Alexandra Shapiro to her legal team this month. Shapiro’s other clients include hip-hop mogul Sean “Diddy” Combs, who is expected to appeal his conviction on prostitution-related charges, and cryptocurrency executive Sam Bankman-Fried, who is appealing his fraud conviction and 25-year prison sentence. WorkMusk calls Anti-Defamation League 'hate group' for documenting Christian extremism In another incident from 2023, Musk faced widespread criticism after he endorsed an antisemitic conspiracy theory on X that Jewish communities push "hatred against Whites". Greenblatt praised Musk days later, however, after the billionaire posted that the pro-Palestinian slogan "From the river to the sea" would violate X's content moderation policies. The incident led to an uproar among staff and the head of the ADL's Center for Technology and Society, Yael Eisenstat, resigning over the disagreement. WorkWarning: Serious cardiovascular events don't come out of the blue “We have much that we could be doing. It’s just that the system is not in place to work like that,” she told STAT. She was not involved in the study. “And so you have exactly what this paper showed, which is people who are showing up with a really terrible thing, the worst day of their life, that some number of those could have been prevented.” WorkWorkWorkWorkAnswering burning questions on MMR vaccines Theresa Gaffney is the lead Morning Rounds writer and reports on health care, new research, and public policy, with a particular interest in mental health, gender-affirming care, and LGBTQ+ patient communities. You can reach Theresa on Signal at theresagaff.97. |
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