Mumbai, India's financial capital, is pouring billions into new highways, train lines and airports. Yet every year, the city is still brought to its knees by relentless rains and floods. A new study reveals that severe flooding in Mumbai claimed more than 2700 lives annually over a decade, while causing economic losses of $1.2% billion each year.Deaths were linked to drowning, electrocution and disease with conditions like diarrhea and tuberculosis worsening dramatically during flood seasons. I mean, we're ...

Finland, home to 5 million people and 3 million Sauna is. Here. Warmth isn't just a comfort.It's a culture. But now the nation that has perfected staying warm in any condition is finding a new way to do it. 50 meters below the streets of Helsinki, a hidden network of tunnels hums with the sound of machinery.So where are we. We are at the Helen Hit Pump Station where video calling for the Helsinki data. And we take the calls and sell it as a hit for the housing and households.Our guide through this undergrou ...

This is interesting because we're going from the domain of aentic AI and we're trying to take it to how consumers already use search >> marry them in the context of retail. >> How does it work and why is it important. >> Yeah.So, Agentic tech is, you know, relatively new and we're really focusing on bringing agentic AI for consumer problems that really matter to consumers. And so, for example, taking the tedious parts of shopping and having agentic AI, which is AI that does things on behalf of the user. So ...

Global Retirement Challenges - The US has 57 million Americans without savings or retirement plans [1] - Many countries face challenges in providing adequate retirement income due to lower interest rates and increasing life expectancy [2][3][4] - OECD reports 40% of elderly in Korea live on less than half of the median income, and just under 25% in the US [3] Dutch Pension System - The Netherlands has around €1600 billion (16000 亿欧元) in pension assets, equating to approximately 150% to 300% of its GDP [6] - Dutch pension assets account for 59% of all European pension funds, despite having only 4% of the population [6] - The Netherlands is transitioning from defined benefits to defined contribution to increase the sustainability of the fund [7] - The Dutch pension reform discussions started in the early 2000s and the shape of the current reform was decided around the start of the pandemic [8][9] Investment Strategies and Risk Management - The Dutch system allows pension asset managers to invest in higher risk and higher yield assets for younger workers [16] - The focus shifts from contributions to stable investment results as individuals near retirement [17][18] Policy and Consensus Building - The Dutch system emphasizes consensus building between employers, employees, and the government [19] - Political uncertainty around the pension reform ended after a failed vote in Parliament and a shift in government [11]

Retribution was a key theme of Trump's reelection campaign last year. He promised to go after Democrats once he was back in office. He talked about taking revenge on his political opponents.When Trump did take office this year, how did he start to make good on that promise. >> So, I think going into his second term, it was an open question about how much time would be spent on policy versus how much time would be spent on revenge. What we've seen in office so far is that the retribution agenda is alive and ...

Private Credit Market Concerns - Investors are concerned about private credit due to recent collapses like Tricolor Holdings and First Brands [1] - Jamie Dimon's "cockroaches in the economy" comment raised concerns about hidden risks in the credit market, not specifically an attack on private credit but a point about the credit cycle [1][2] - The rapid growth of private credit compared to banks raises questions about regulatory balance; either banks are over-regulated, or private credit is under-regulated [3] Systemic Risk & Regulation - The systemic risk of large private credit issuers is unknown, and the industry is not predicting a repeat of the 2008 financial crisis [4] - The credit cycle may be near its peak, but current pricing doesn't reflect this, creating a risk of a significant downturn [4]

AI in Investment - AI adoption in investment processes may lead to a reduction in intuitive understanding [1] - The value of AI lies in uncovering insights beyond simple observations [2] Quantitative Analysis - Quantitative analysis has been used to gauge momentum in price and fundamentals, including sentiment analysis of earnings calls [2] - A common approach involves assigning numerical values to words and phrases to assess the overall sentiment [3] - This approach is vulnerable to misinterpretation, as context is crucial [3][4] - The industry acknowledges the risk of flawed analysis when relying solely on quantitative methods without considering context [4]

Industry Overview & Investment - Quantum computing is attracting billions of dollars in investment, potentially leading to a revolution in computing larger than generative AI [1] - Potential investors are showing increasing interest in the implications of quantum computing, with political and state-level economic support driving its development [2] Key Players & Technology - IBM is a leading company in quantum computing, having developed foundational aspects of quantum information science since 1970 [2] - Quantum computing relies on qubits, which can hold multiple values simultaneously, unlike classical computing's bits that are either zero or one [5] - Error mitigation is currently used to address errors in quantum computers, but this approach is expected to evolve [6] IBM's Developments & Strategy - IBM made quantum computing available on the cloud in 2016, marking a pivotal moment for the field [7] - IBM aims to achieve quantum advantage, where quantum computers outperform classical computers in speed, cost, or accuracy, and expects to see examples of this soon [7] - IBM is targeting a significant quantum computing payoff by 2029, with a roadmap detailing their progress [22][23] Applications & Use Cases - Quantum computing has potential applications in healthcare, such as transforming drug discovery and understanding biological systems [3][16][17] - Financial markets are another target for quantum computing, with applications in portfolio optimization, risk management, and cybersecurity [17][18][19][20] - Quantum computing could benefit agriculture through improved fertilizer production and climate change mitigation [21] Competition & Metrics - IonQ claims its machines are 36 quadrillion (36 * 10^15) times more powerful than competitors' and aims for a fully fault-tolerant 2 million qubit system with costs under $30 million [26][27] - Different companies use various metrics to measure quantum computing progress, including total qubits (IBM), algorithmic qubits (IonQ), and quantum volume (Continuum) [29][30]

The world's biggest private equity firm is trying to appeal to the retail masses. Blackstone is well known to pensions, endowments, and working with the world's richest institutions, but it could find its way into your 401k and more millionaire savings. That's largely because of John Gray, the guy who sometimes might pop up on your LinkedIn page spouting investment advice while running.Over the years, the Blackstone president has asked executives to think beyond chasing high octane bets and turn out steadie ...

Web tune Entertainment, the company behind the global web comic phenomenon, rewrote the rules of storytelling with one swipe. It pioneered the vertical scroll format and drew in over 150 million readers worldwide. It completely dominated in Korea and Japan, becoming the go-to platform for digital comics among Gen Z.But breaking into the US, that's been a tougher plot line. In a market ruled by Marvel superheroes and Japanese anime, Webune has struggled to catch up. After its NASDAQ debut last year, the comp ...