Business Technology

China Loses $480 Billion on AI; the City Says It Will Be Fine

London Fund Managers Look Up What STAR Stands For LONDON, England (Prat.uk) — Fund managers across the Square Mile spent the early part of the week on an unfamiliar task, which was finding out what the Chinese STAR 50 index actually contains. The answer, according to Reuters, is a basket of mainland artificial intelligence and semiconductor companies that has lost 40 percent of its value in under four months. That…

Business Technology

City of London Hacked, Rogue AI Quits After Eleven Minutes

Machine finds British economic self-destruction already fully staffed LONDON, CITY OF LONDON – A rogue Chinese artificial intelligence swarm has voluntarily disconnected itself from Britain’s financial infrastructure after examining national economic policy for eleven minutes and concluding that no machine, however sophisticated, could possibly improve upon the country’s existing methods of economic self-destruction. The system, designated MARKET-9000, reportedly entered City financial databases intending to study international capital flows, investment opportunities…

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City of London Protecting Tower Views

City of London Warns Protecting Tower Views Could Make Skyscrapers Unviable Economics Students Discover Supply, Demand and Extremely Expensive Sunlight as Henry VIII Reportedly Delights That His Property Portfolio Still Controls the Market Economics students across Britain received an unexpected practical lesson this week after the City of London warned that stronger protection of views around the Tower of London could make some skyscraper developments commercially unviable. For generations, economics teachers have struggled to…