Robots are coming to a home near you..?
Think of the biggest market for a physical product you can possibly imagine – are you thinking mobile phones, cars or game devices even? Think again…? They are all big commercial markets but in the coming decades a new product is coming and it will be so desirable that itRead More →
‘Intelligence is not the ability to store information, but to know where to find it’.
Albert Einstein 1879 – 1955Read More →
Baidu’s Ernie bot is top app on Apple’s app store in China
Top of the apps on Apple app store Baidu’s Ernie bot is a ChatGPT-like chatbot that can generate natural and fluent text based on user input. It is one of the latest artificial intelligence applications from Baidu, a Chinese tech giant that specializes in search engine and AI development. ErnieRead More →
Bitcoin rallies as court rules in favour of Grayscale over the SEC in crypto ETF case
Court rules SEC wrong The price of bitcoin surged Tuesday 29th August 2023 after the U.S. Court of Appeals ruled that the Securities and Exchange Commission (SEC) was wrong to deny crypto investment giant Grayscale permission to convert its popular bitcoin trust into an ETF. Bitcoin jumped around 7% following the ruling toRead More →
Nvidia’s stock at record high after Google AI deal
Nvidia shares rose 4.2% Tuesday 29th August 2023 to close at a record high, after the company announced a partnership with Google that could expand distribution of its artificial intelligence technology (AI). The stock’s bountiful run continued, now up 234% in 2023, making it by far the best performer in the S&P 500.Read More →
Why buy U.S. stocks when yields are high?
At 4.33%, the 10-year Treasury yield in the U.S. is at its highest in 16 years. That represents a risk-free, long-duration asset with relatively high returns and this is challenging the stock market. Why should traders invest in stocks that may not return as much, or just slightly more andRead More →
‘Time is what we want most, but what we use worst’
William Penn 1644 –1718 William Penn was an English writer, religious thinker and philosopher, and influential Quaker who founded the Province of Pennsylvania during the British colonial era. Penn was an advocate of democracy and religious freedom.Read More →
Bank Holiday UK Air traffic control failure creates airport travel chaos
An apparent ‘technical issue’ halts flights to and from UK as the UK National Air Traffic Services control system (NATS) goes offline! Holidaymakers are stuck all over the UK and abroad, with the National Air Traffic Services (NATS) saying it had applied restrictions to traffic flow. Passengers have been advisedRead More →
Japan Fukushima controversial water release
Japan has started releasing treated radioactive water from the Fukushima nuclear plant into the Pacific Ocean on Thursday 25th August 2023. This is a controversial decision that has been opposed by China, South Korea, and some Pacific island nations. They fear that the water release will harm the marine environment andRead More →
UK debt, a perfect storm
Slow-Growing UK Faces Over £2.6 Trillion Debt Pile £2,600,000,000,000 in debt The amount the UK owes exceeds GDP for first time since 1961. Inflation-linked bonds mean the UK is paying more than its peers. From the financial crisis to Russia’s invasion of Ukraine, the UK has borrowed and spent itsRead More →
‘Sometimes later, becomes never. Do it now’!
The quote is often used to inspire people to take action and avoid procrastination, as it implies that delaying something may result in missing the opportunity or losing the motivation to do it. The quote also suggests that the present moment is the best time to pursue your goals andRead More →
U.S. mortgage rates are high! Could they reach 8%?
The latest U.S. mortgage rates are the highest they have been in decades. The average 30-year fixed-rate mortgage rose to 7.23% in the week ending 25th August 2023, up from 7.09% the week before, according to latest bank reports from U.S. This is the highest level since June 2001, when it wasRead More →
STOP PRESS! Bank to pay failed boss 2.4 million. Why?
‘It’s good to talk’! The former boss of NatWest is set to receive a £2.4m pay package this year, despite having quit in disgrace over her handling of the closure of Nigel Farage’s bank account. A contractual obligation no doubt? Whatever happened to confidentiality? Other cartoonsRead More →
Nvidia blasts off into AI superstardom
Technology giant Nvidia reports its sales have hit a record after more than doubling as demand for its artificial intelligence (AI) chips take off! It figures The company says revenue jumped to above $13.5bn (£10.6bn) for the three months to the end of June. Nvidia also expects sales to performRead More →
Science fiction becomes science fact for India
Inspirational achievement, as India becomes only the fourth country in the world to successfully land on the moon and the first at the south pole India became a new national superpower in space on 23rd August 2023, landing its Chandrayaan-3 mission safely on the moon’s unexplored south pole. The Chandrayaan-3Read More →
ChatGPT shows left-wing bias according to UK researchers
AI Chatbot ChatGPT reportedly has a political bias ChatGPT, the popular artificial intelligence chatbot, shows a significant and systemic left-wing bias, UK researchers have found. According to the new study by the University of East Anglia, this includes favouring the Labour Party and President Joe Biden’s Democrats in the U.S. Concerns about an inbuilt political biasRead More →
A brief history of ARM
Brief ARM history Arm is a British semiconductor and software design company that is known for its Arm processors, which are widely used in smartphones, tablets, laptops, and other devices. Arm was founded in 1990 as a joint venture between Acorn Computers, Apple Computer, and VLSI Technology. The company wasRead More →
ARM lists in U.S. and not UK
British microchip designing giant Arm has announced that it has filed paperwork to sell its shares in the U.S. The Cambridge-based company, which designs chips for devices from smartphones to game consoles, plans to list on New York’s Nasdaq in September. The highly anticipated IPO in the U.S. comes after UKRead More →
‘Knowing yourself is the beginning of all wisdom’.
Aristotle 384–322 BC Aristotle was an ancient Greek philosopher and scientist, who is considered one of the greatest intellectual figures of Western history. He wrote on a wide range of subjects, including logic, metaphysics, ethics, politics, biology, natural sciences, philosophy, linguistics, economics, politics, psychology and the arts. He founded the Lyceum, a school of philosophy inRead More →
China cuts key interest rate as recovery falters post Covid
One-year loan rate to 3.45% from 3.55% China’s central bank has cut one of its key interest rates for the second time in three months as the world’s second-largest economy struggles to bounce back from the pandemic. The country’s post-Covid recovery has been hit by a property crisis, falling exportsRead More →
89 UK security threats identified by National Risk Register
The 89 threats to life in the UK are listed in a recent report called the National Risk Register (NRR), which was published by the Deputy Prime Minister Oliver Dowden on 3rd August 2023. The NRR is an assessment of the risks facing the UK that would have a significantRead More →
‘The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom.’
Isaac Asimov 1920 – 1992 Isaac Asimov was an American writer and professor of biochemistry at Boston University. During his lifetime, Asimov was considered one of the ‘Big Three’ science fiction writers, along with Arthur C. Clarke and Robert A. Heinlein. My favourite book by Isaac Asimov is I, Robot. If youRead More →
An August U.S. stock market stumble, or more?
August typically a rocky month The U.S. stock market has experienced a 5.6% slide for the S&P 500 index over 15 trading sessions through 17th August 2023 and levelling off in the last trading day of that week. This is about as bad as August typically gets, as August is aRead More →
‘Opportunity is missed by most people because it is dressed in overalls and looks like work.’
Thomas Edison – inventor 1847 – 1931 Thomas Edison was an American inventor and businessman. He developed many devices in areas such as electric power generation, mass communication, sound recording, and motion pictures. These inventions, which include the phonograph, the ‘motion picture camera’, and early versions of the electric ‘light bulb’. During his working life he is reported toRead More →