Meta’s attempt to rebuild its workforce around artificial intelligence has exposed a problem that extends far beyond one company: replacing human work with AI is considerably harder than reducing the number of people doing it. What began as an ambitious… Read More ›
Day: August 26, 2026
Iran-Oman Hormuz Deal Recasts Control Over Global Energy Routes
Iran and Oman have reportedly reached an understanding on how their respective waters and revenues connected to the Strait of Hormuz would be managed, according to Iran’s Revolutionary Guards. The announcement is significant not because it immediately reopens the world’s… Read More ›
Sticky Core Inflation Keeps the US Fed Under Pressure
The latest US inflation data have complicated the Federal Reserve’s path toward lower interest rates, with core personal consumption expenditures inflation holding at 3.3 percent in July, well above the central bank’s 2 percent objective. The broader personal consumption expenditures… Read More ›
Bill Gates Warns AI Expansion Is Outpacing Govt. Policy Preparation Globally
Bill Gates is warning that the world is entering an artificial intelligence transition faster than governments, businesses and communities are preparing for its consequences. In a new essay, the Microsoft co-founder argues that AI could deliver major gains in medicine,… Read More ›