Wednesday, January 22

AI

The “stuck neck” of the United States will stimulate the development of Chinese chips

The “stuck neck” of the United States will stimulate the development of Chinese chips

AI, economy
The imposition of new restrictions on the export of chip technology from the United States to China has indeed triggered strong reactions from Beijing. These restrictions, along with the ongoing trade tensions between the two countries, have created challenges for China's access to advanced chip technologies, which are crucial for its domestic semiconductor production. As a response to these restrictions, it is expected that China will intensify its efforts to stimulate the development of its domestic semiconductor industry. This includes allocating substantial funds to support research and development, promoting collaborations with domestic and international chip manufacturers, and enhancing the overall capabilities and competitiveness of its semiconductor sector. China has been str...
There are still many unknown risks in the application of AI in the financial field

There are still many unknown risks in the application of AI in the financial field

AI, Business, Technology
The "Collingridge Dilemma" refers to the challenges of controlling high-risk technologies, particularly in their early stages of development. It is named after David Collingridge, a British scholar who proposed this concept in the 1980s. The dilemma suggests that it is difficult to predict and control the societal impacts of a technology when it is still in its early stages because, during this phase, feedback and information are limited. However, once the technology is well-developed and its impacts become apparent, it becomes challenging to change or control it due to established infrastructure, interests, and dependencies. The Collingridge Dilemma is relevant to the application of artificial intelligence (AI) in the financial field. AI technologies offer significant potential for imp...