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How could Zohran Mamdani change New York | FT #shorts
Financial Times· 2025-10-30 05:00
Can Zohan Mandani actually do what he's promising in New York City. That's the big question now as New York gets set for what will likely be its first Muslim Democratic socialist mayor. Mandani has mesmerized young voters with his promises to tax the rich, open city-run food stores, make buses free, and help Trump proof New York.But how much of this can he actually do. Any mayor's powers are limited by what's in his control and what's in the hands of New York State. Mamdani will almost certainly manage to d ...
What a city in Pennsylvania tells us about Trump's America | FT #shorts
Financial Times· 2025-10-29 05:01
Economic & Industrial Transformation - Bethlehem's industrial past, particularly Bethlehem Steel Corporation's contributions to iconic structures, still resonates [2] - The steelworks, once employing over 30,000 people, closed in the 1990s due to unsustainable operations [3] - Bethlehem has reinvented itself over the past 25 years through revitalization, redevelopment, and new businesses in manufacturing and technology [4] - The community actively reinvented itself after Bethlehem Steel's closure [5] - The steelworks have been re-imagined into a thriving cultural hub [4] Demographic & Political Trends - Bethlehem is a crucial political battleground and a bellwether for a divided country [2] - Education and income levels in Bethlehem have risen steadily [5] - Voter behavior in Bethlehem has swung between Democratic and Republican candidates, mirroring national trends [5] - The city has democratic urban centers, while rural areas are more Republican [6] - The Financial Times (FT) will revisit Bethlehem to examine its hopes, aspirations, and challenges, including immigration raids and rising housing costs [6]
AI generates a surge in expense fraud | FT #shorts
Financial Times· 2025-10-28 05:00
Could you tell these receipts from real ones. These are actual examples of AI generated receipts that have been submitted by employees at work filing expenses and they're almost impossible to distinguish from legitimate ones. This is a massive problem for systems like Concur and Appzen who help many organizations with their expense processing.And you don't need Photoshop. You don't even need a printer. And if you look very closely at these examples, you'll see the details that are there.Wrinkles in the pape ...
The great dam removal | FT Rethink
Financial Times· 2025-10-28 04:42
[Music] Raised over the last century as icons of engineering and for the taming of mighty rivers for hydropower facilities and water supplies. >> Engineers have radically changed the Inland Empire. >> Here in the United States, increasing numbers of dams are reaching end of life status.no longer fit for purpose, too expensive or too dangerous to operate. Of course, many monuments from that era still stand as viable important sources of water, like this dam founded more than a century ago outside San Francis ...
The AI rollout is here - and it's messy | FT Working It
Financial Times· 2025-10-27 06:00
AI Adoption & Investment - AI 领域的投资浪潮前所未有,数千亿美元被用于工作场所自动化 [1][18] - 超过 75% 的全球企业至少在一个职能部门使用生成式 AI [6] - 仅有约 10% 的公司开始全面将 AI 整合到流程中 [5] - 标普 500 指数的增长主要由七大科技公司驱动,其他公司在使用 AI 后增长并不显著 [14] Challenges & Risks - 95% 的生成式 AI 试点项目在工作场所失败 [6] - 仅 1% 的 CEO 拥有完全成型的 AI 战略 [1] - 公司在盈利报告中对 AI 赞不绝口,但在监管文件中,风险明显大于收益 [13][14] - 员工通常使用自己喜欢的 AI 工具,而公司官方的 AI 项目却无人问津 [26] - AI 模型可能出现事实性错误,对组织造成尴尬甚至灾难性后果 [26] Training & Skills - AI 应用的关键在于培训和能力提升,企业需要 AI 技能培训 [19][20][27] - 理想的 AI 环境下的员工需要具备跨领域知识,能够清晰沟通并检查 AI 的输出结果 [10] - 软件工程团队通过引入 AI,代码交付速度提高了 75% [20] - 客户服务可以通过 AI 撰写礼貌的回应,即使客户情绪激动 [29] Leadership & Strategy - 领导者需要以身作则,积极使用 AI 平台,并鼓励员工采用 [38] - 企业应关注 AI 的实际效益,避免将其视为解决所有问题的魔法棒 [42] - 企业需要员工的参与,同时也需要领导者的支持和培训,才能实现 AI 的财务和生产力收益 [43]
How matcha became global gold | FT #shorts
Financial Times· 2025-10-27 05:00
Matchamomania has gone global. Consumer appetite for the finely ground powder has been ignited by matcha lattes, matcha flavored Kit Kats, and a range of other sweet treats from ice creams to cookies that use the flavoring. But behind the craze is a brewing problem.There simply isn't enough supply. Local farmers are struggling to keep up as demand skyrockets and prices sore. Matcha's supply crunch follows an earlier national rice supply crisis and has symbolized Japan's painful return to inflation after thr ...
Singapore prime minister warns of turbulence ahead in 'post-American' order | FT #shorts
Financial Times· 2025-10-24 03:31
We are certainly in the midst of a great transition to a multipolar world, a post-American order and a multipolar world. Uh no one can tell how the transition will unfold, but there is no doubt it will be messy and unpredictable because America is stepping back from its role as global insurer. But there is no other country that's able to or willing to fill the vacuum.So we are in an uncomfortable position where the old rules do not apply anymore but the new ones have not been written and we must brace ourse ...
Singapore prime minister warns of turbulence ahead in 'post-American' order | FT Interview
Financial Times· 2025-10-23 05:00
Global Order Transition - The world is in a great transition to a multipolar world, a post-American order [1] - The transition will be messy and unpredictable as America steps back from its role as global insurer [2] - The old rules do not apply anymore, but the new ones have not been written, requiring actions to tackle global problems and build new trade connections [3][4] - Singapore is keen to work with like-minded countries to lay the foundations of the new multilateral architecture [4][6] - Multipolarity itself does not provide a stable framework, and the world should avoid ending up in exclusionary blocks and spheres of influence [11][12] ASEAN and Regional Dynamics - ASEAN has maintained relative peace and avoided major conflicts in Southeast Asia and is indispensable [14][15] - There are plans to accelerate ASEAN integration to become a more attractive and competitive single market [16] - The actions of tariffs have impacted America's standing in Southeast Asia, though America remains the largest investor in the region [17] - All Southeast Asian countries want to maintain good links with America [18] US-China Relations - The US and China relationship is the most consequential and dangerous fault line in international relations [30] - Both countries are looking at potential choke points to use as leverage, leading to a dynamic of mutually assured destruction [30][31] - The world must realize that China will not converge with Western norms and has become a risen power [38][39] - Singapore needs to work with like-minded countries to preserve and reinforce multilateral frameworks [42] Trade and Investment - Singapore is determined to maintain the integrity of its business environment and will not tolerate businesses violating its laws [23][24] - Trade flows are being reconfigured into new patterns, and Singapore is determined to remain at the center of these global patterns [22] - Singapore remains invested in American companies due to leading-edge technologies and dynamism, but continues to look for opportunities around the world [49] - Singapore sees strategic opportunities with Europe and is keen to forge closer links [50][53]
How Trump’s climate censorship threatens global disaster defences | FT #shorts
Financial Times· 2025-10-23 03:59
Budget Cuts & Funding - NOAA faces a potential 26% yearly funding decline, impacting research on greenhouse gas emissions and extreme weather [2][3] - The funding cut could degrade hurricane forecasting accuracy by 20% to 40% [3] Staffing & Resources - Layoffs and hiring freezes have hollowed out NOAA, with retirees and volunteers filling gaps in hurricane research [4] - Some US weather stations have less than half the meteorologists needed [4][5] - The US provides half of the Argo floats, robotic deep sea instruments collecting ocean data [5] Data & Information - Dozens of government websites have been scrubbed or removed, and environmental datasets have been decommissioned or deleted [6] - Talking about climate change has become taboo within the government [5] International Impact - Scientists are concerned about how America's climate crackdown could impact global forecasting systems [5]
Homegrown robots help drive China’s global export surge | FT #shorts
Financial Times· 2025-10-20 04:00
Automation & Manufacturing Trends - China is rapidly automating its factories with low-cost solutions, boosting production and lowering prices [1] - The "Made in China 2025" plan and other initiatives are supporting advanced manufacturing [1] - China installs approximately 280,000 industrial robots annually, accounting for 50% of global installations [1] Economic Impact - Aggressive automation may explain China's ability to retain low-end manufacturing despite rising wages [2] - Chinese factory workers earn about three times more than their Indian counterparts [2] - China increased its global export share in labor-intensive industries (small manufactured goods, furniture, toys) from 2019 to 2023 [2]