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Agentic AI - how bots came for our workflows and drudgery | FT Working It
Financial Times· 2025-08-18 06:05
[Music] We are entering a period of exponential change in the world. A new industrial revolution driven by technological advances. And our workplaces are already deeply impacted.Our human teams are being joined by agents. Artificial intelligence that learns on the job and can perform multiple tasks and processes. Aentic AI may revolutionize the way we work and manage teams on a scale we haven't seen in a 100 years or more.What might that mean for humans, for our jobs, and for the future of work. They can ta ...
What will it take for robotaxis to go global? | FT
Financial Times· 2025-08-18 04:00
Robo taxis are proving popular in cities like San Francisco, moving from concept to reality with the likes of Alphabet, Amazon, and Tesla all making significant investments in this space. Following the shuttering of General Motors cruise project, the US robo taxi market has fallen into the hands of just a few of the richest, most determined tech giants and a handful of startups bold enough to challenge them. Whimo, an autonomous driving tech company owned by Alphabet, Google's parent company, is now operati ...
Does your engagement ring come from China? | FT #shorts
Financial Times· 2025-08-11 04:01
Diamonds take over a billion years to grow in nature. In a lab, it takes just 7 days. Since the 1950s, engineers have been growing diamonds by mimicking the intense heat and pressure of deep in the earth's surface.But it's only with recent advances in production methods that have made it cheaper and easier to produce highquality diamonds have they entered the jewelry market. And demand has exploded. In the US, around 50% of engagement rings now feature a synthetic stone.This has left the natural diamond ind ...
Can transport authorities balance road building with net zero goals? | FT Rethink
Financial Times· 2025-08-07 20:20
[Music] Can transport authorities combine burgeoning highway building programs with challenging net zero targets. Road transport is responsible for around 12% of greenhouse gas emissions globally. Currently, it's estimated new road building projects worth $2.7% trillion are underway around the world.projects that will almost certainly increase the total volume of traffic and especially car journeys. That may not be ideal from an environmental perspective, but many places still lack the public transport infr ...
The high-tech fight against shoplifters | FT #shorts
Financial Times· 2025-08-04 04:06
Shoplifting has been a scorge for the retail industry since high inflation eroded consumer spending power in the wake of the pandemic. It is often linked to organized crime groups with stolen goods regularly sold on black markets, online platforms or even abroad. Shoplifting in the UK hit a record 2.2% billion last year alongside surging crime levels and rising violence and abuse against staff.Many retailers have complained that a lack of enforcement from thinly resourced police has emboldened criminals and ...
Rare earth metals are not remotely rare | FT Rethink
Financial Times· 2025-07-31 21:00
Scandium and neodymium are lithium and cobalt are not. There's a lot of confusion around rare earth metals, including the fact that they're not very rare at all. So, let's break it down.[Music] Rare earth metals, sometimes called rare earth elements or just rare earths, are a group of 17 metals that are found almost everywhere, but are tremendously difficult to extract from the earth's hard rock crust. They are useful in a multitude of products, EV cars, phones, medical equipment, military equipment, camera ...
BYD narrows tech gap with Tesla in global EV race | FT #shorts
Financial Times· 2025-07-29 03:45
Market Competition - Tesla faces increasing competition from BYD, potentially losing the lead in annual global EV sales [1] - BYD excels in cost-effective manufacturing and emerging autonomous offerings, narrowing the technology gap with Tesla [1] - The rise of BYD symbolizes the advancement of Chinese auto manufacturing [2] Technological Advantages - Tesla believes it maintains advantages in automation technology, AI, infrastructure, and access to Nvidia chips [2] - The industry shift towards autonomous vehicles and AI is a central aspect of US-China technological competition [3] Industry Trends - The EV industry is transitioning towards autonomous vehicles and artificial intelligence [3]
Germany’s spending gamble | FT Film
Financial Times· 2025-07-24 04:30
Economic Challenges and Policy Shifts - Germany's infrastructure is deteriorating, impacting daily life and economic efficiency [1][21][24] - The traditional German economic model, heavily reliant on exports, faces challenges from rising nationalism, protectionism, and competition from Chinese manufacturers [11][12] - Germany is shifting away from austerity with a €500 billion (500 billion euros) ad hoc fund over 12 years to modernize infrastructure [2][4] - The debt break, which previously limited borrowing to 035% of GDP annually, has been relaxed, allowing for increased public investment [7] Defense and Security - Germany recognizes the need to strengthen its defense capabilities due to the perceived threat from Russia and the declining reliability of the US as an ally [10][15] - There are no longer debt constraints on defense spending, signaling a significant policy shift [2][4] - Increased defense spending is seen as an opportunity for car manufacturers and related industries to diversify [2][18] - Underinvestment in infrastructure and defense during the Merkel years has led to deterioration [21] Infrastructure and Investment - In 2024, Germany invested a record €19 billion (19 billion euros) in infrastructure renovation [25] - Bureaucratic hurdles and capacity constraints may limit the ability to effectively spend the allocated funds [30][31] - The federal structure of Germany can hinder the efficient allocation of funds to local municipalities [33] Social and Political Implications - Failure to improve infrastructure and public services could fuel support for the far-right party, AfD [40][42] - Investment in public goods and infrastructure is seen as an investment in democracy [41] - Germany's aging population and increasing social costs necessitate integrating more women into the labor force and capitalizing on migration [36][37][38]
Can new technologies supercharge solar power? | FT Rethink
Financial Times· 2025-07-22 16:02
[Music] In theory, the sunlight the world receives in just a few hours packs enough energy to fuel the planet for an entire year. In practice, however, it's not that straightforward. One problem has been that conventional silicon solar panels have only been able to convert a fraction of that light into electricity.It's a complex problem. There isn't space for solar panels everywhere, but we can make them more efficient, and that could be key to boosting renewable energy and cutting emissions. New innovation ...
Episode 7: From Russia With Love | FT Podcasts
Financial Times· 2025-07-22 05:00
Espionage Operations - The report details how Marcel, directed from Moscow, orchestrated intelligence operations across Europe, employing a network of recruited agents [2] - These operations included aggressive, seemingly unconnected, and risky endeavors on behalf of the Russian state [2] - One operation involved a plan to humiliate the Kazak government by staging a fake protest using pig's blood and creating false narratives to strain diplomatic relationships [4] - Another operation involved the minions defacing public locations with hate symbols to amplify the Kremlin's propaganda regarding fascism in Ukraine and Europe [5] - A particularly sensitive mission involved attempting to locate 70 Ukrainians training in Germany using an IMSI catcher, with the intent to provide this data to Russia for potential targeting [5][6][8] Key Individuals and Structure - Marcel was the central figure, issuing orders from Moscow, with Olin Rusev in Great Yarmouth acting as his second-in-command and operations manager [3] - Rusev managed a team of Bulgarian nationals in the UK, referred to as "Minions," who carried out various tasks [3] - The "Minions" were not professional intelligence operatives but had ordinary jobs, highlighting the amateurish nature of the operation [3] Counterintelligence and Impact - The espionage ring was ultimately caught, leading to the biggest public espionage trial in modern UK history [3] - The trial exposed the extent of Russia's reliance on amateur operatives for sensitive intelligence operations [3] - The report highlights the ongoing threat to individuals critical of the Russian government, such as investigative reporter Roman Drokatov, who was targeted for stalking and potential kidnapping [11][17][21] - Six individuals were found guilty of conspiracy to spy, with sentences ranging from 5 to nearly 11 years [28]