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Monthly Archives: June 2024
Eyes wide open as Bank of Canada blinks
Yesterday, the Bank of Canada (BOC) blinked on inflation fears and responded to weak growth and rising unemployment with the first rate cut in four years and the first since the epic tightening cycle began 27 months ago in March … Continue reading
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Emission-free air travel now in motion
Conventional polluting air travel is ripe for disruption. Fortunately, that’s in motion. German aerospace company Lilium wants to revolutionize air travel with its electric vertical take-off and landing (eVTOL) jet. “Revolutionize means make it absolutely zero emission,” Lilium CEO Klaus … Continue reading
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AI mania has hyped costs and stock prices
The costs of running generative AI are mind-blowing considering energy, training, and materials, while the revenue case is still largely missing. In just one example, Silicon Valley venture capital firm Sequoia estimates that in 2023, the tech industry spent $50 … Continue reading
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