AI Disruption in Software: A Credit Market Concern
As artificial intelligence continues to advance, concerns are mounting about its potential to disrupt the software industry, which constitutes a significant portion of the U.S. credit market. According to Morgan Stanley, software accounts for approximately 16% of the $1.5 trillion U.S. loan market, raising alarms about the stability of this sector amidst rapid technological changes.
The report highlights that a staggering 50% of software loans are rated “B- or lower,” indicating a higher risk of default.
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The AI Divide: Navigating Global Competition
The rapid advancement of artificial intelligence (AI) is creating a stark divide between the U.S. and China, leaving many countries at risk of technological vassalage. With these two nations controlling 70% of the worlds top machine learning researchers and 90% of global computing power, the implications for middle powers like India, France, and the United Kingdom are profound. They face a precarious situation where their access to cutting-edge AI capabilities is dictated by the policies of Washington and Beijing, potentially locking them out of the benefits of this transformative technology.
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Hamster Unveils Exciting Console Archives Line-Up for PS5 and Switch 2
Hamster Corporation has officially announced the first wave of titles in its Console Archives collection, bringing classic gaming experiences to modern platforms like the PS5 and Nintendo Switch 2. This exciting initiative aims to revive beloved 8 and 32-bit games, allowing both nostalgic players and newcomers to enjoy timeless classics with modern enhancements.
The initial line-up includes iconic titles such as “Ninja Gaiden II: The Dark Sword of Chaos” and “Cool Boarders,” which are already available on the Switch 2, with a PS5 release slated for February 14.
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