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Stock market today: Wall Street slips below its records as bitcoin briefly pops above $100,000Technologies based on artificial intelligence (AI) are already affecting our everyday lives—from the systems that facilitate movie and music selections to language assistants that formulate emails. But what developments will come along in the coming years? Daniel Cremers, a professor of Computer Vision and Artificial Intelligence at the Technical University of Munich (TUM), offers insights into the future of AI. The objective of this research is to improve the ability of machines to analyze and interpret image data. How much contact do we already have with AI in our daily lives? Today we already deal with AI every day. Whenever we use such hardware devices as a laptop or , we have points of contact with AI—whether we are unlocking our phone with or using language assistant systems. Those are current examples of AI applications. What developments can we expect in the coming five to 10 years? In most cases, a new development undergoes years of research before the public hears about it. Our research therefore gives us indicators of what technologies are coming. We started working on advanced driver assistance and self-driving around 20 years ago. So I could foresee the coming of autonomous cars. To some extent, they are already here. There will also be autonomous robots and drones. It also seems possible to me that significant advances will be made in translation technologies. For years I have been waiting for the earbud that will translate back and forth between different languages in real time. And it should be able to speak any language in the sound of my own voice. Which other challenges lie ahead—especially with regard to the impact on society—as AI continues to develop and play an increasing role in everyday life? AI will have an enormous impact on our society. However, as always such significant changes also stir various fears among people. One example is the specific fear that AI will take away our job. Another relates to the lack of privacy in an AI world. Not everyone wants to become a see-through person, where every action can be tracked and analyzed. Specifically, what is your view of the influence of AI applications on our working world? One goal of AI is to take on tasks in order to make our lives easier. It is my hope that AI will help us especially with routine tasks. AI works particularly well in such tasks that involve the monotonous repetition of the same steps. People can then focus on more interesting and varying tasks that are also more challenging. However, there will be social changes where our input will be required to shape and guide them. For example, our society will have to ask what kind of training and qualifications will still be needed in the future? What occupational groups may require retraining? In history, humanity has regularly gone through such transitions and I am confident we will manage this. You talked about the influence on the working world. How will it look in the personal sphere? In the personal sphere, it is crucial for us as a society to agree on appropriate laws and regulations. However, we are living in a globalized world. That means that we do not know whether other countries go along with us—especially because the private sphere is not valued equally everywhere in the world. We face a similar challenge as with the topics of disarmament and climate change. We have to work together with other countries and ensure that a joint agreement is reached that everyone will comply with. With regard to data protection, Germany takes a highly restrictive approach. Does that involve economic disadvantages? In the first attempts to regulate AI, the importance of data protection was constantly emphasized. It was argued that should not be shared. The problem is that, when data protection is the sole concern and is entirely disabled, then relevant AI technologies cannot be developed. We have now reached the point where AI can help to detect tumors and other diseases with remarkable accuracy. The main hurdle was to obtain the necessary patient data while complying with all regulations. If the bureaucratic hurdles for accessing data are higher in our country than elsewhere, this will mean that AI technologies can be developed faster in other countries. So we need to assure data privacy, yet we also need to streamline the processes for appropriate data usage and technology development. Who is using our data to train AI? There is currently a lot of research and technological development happening both in academia and in industry. For training big neural network models, we not only need massive quantities of training data, but also huge amounts of computing power. That means that enormous investments in hardware and computing infrastructure will also be necessary. That is an area where currently academic research lags behind the big corporations. We are therefore very happy that national and Bavarian governments are promising significant investments. What is your overall assessment: Is AI just a fad or will it have a lasting impact on our lives? I don't think that AI is just a passing fad. I believe that it will have far-reaching effects on our lives in the coming years. Research in AI has been going on for a long time. There have been many phases where nobody believed in the success of this technology. That will not happen again, because we have since witnessed many breakthroughs in AI. In the coming years, it will become increasingly powerful and be deployed across even more areas. My responsibility as an AI researcher is to develop AI technologies that truly serve society and improve our lives and our world.
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GOP congressman wants to cut Social Security to please Elon MuskFrench President Emmanuel Macron has vowed to name a new prime minister "in the coming days" to prevent his nation from sliding deeper into political turmoil after Michel Barnier's government was ousted in a historic no-confidence vote. Contemporary France's shortest-serving premier, Barnier resigned after Wednesday's parliamentary defeat forced his government to step down, the first such toppling of a French administration in over 60 years. Here's why the government collapsed, and who could replace Barnier as prime minister. Why did Michel Barnier resign? A majority of French parliamentarians on Wednesday supported the no-confidence vote proposed by the hard left and backed by the far right headed by Marine Le Pen. Barnier's ejection in record time came after snap parliamentary elections in June resulted in a hung parliament. No political force was able to form an overall majority and the far right held the key to the government's survival. The trigger for Barnier's ouster was his 2025 budget plan, including austerity measures unacceptable to a majority in parliament, but which he argued were necessary to stabilise France's finances. French government falls in historic no-confidence vote as political crisis deepens On Monday he forced through a social security financing bill without a vote, but the ousting of the government means France is still without a budget. In an address to the nation seeking to limit an escalating political crisis, Macron rejected calls from opponents to resign and vowed to serve until the end of his mandate in 2027. Macron lashed out at the French far right and hard left for uniting in an "anti-republican front" to bring down the government. Will there be another election in France? New legislative elections cannot be called until a year after the previous ones, which were held in June 2024. But while Macron has more than two years of his presidential term left, some opponents are calling on him to resign to break the deadlock. According to a poll by Odoxa-Backbone Consulting for Le Figaro daily, 59 per cent of French want the president to step down, while a survey by Harris for RTL put the figure even higher, at 64 percent. Bur Macron said: "The mandate that you gave to me democratically (in 2022 elections) is a five-year mandate and I will exercise it fully, right up to the end." Source: AAP / Ludovic Marin / POOL / EPA He said Le Pen's far-right National Rally (RN) had its eyes on the 2027 presidential elections, accusing the party of seeking to sow "chaos". "They are not thinking about your lives, let's be honest. They are thinking of just one thing -- the presidential election," said Macron, who must step down after the 2027 polls. But he admitted his decision to call snap parliamentary elections this year that resulted in a hung parliament "was not understood". "Many have blamed me for it and I know, many continue to blame me. It's a fact and it's my responsibility," he said. Who could be France's new prime minister? Macron now faces the task for the third time this year of selecting a new prime minister and did not come up with a name in his address on Thursday. "I will appoint a prime minister in the coming days," he said, adding this person would be charged with forming a "government of general interest" with a priority of passing a budget. Barnier is Macron's fifth prime minister since coming to power in 2017. Each successive prime minister has served for a shorter period and, given the composition of the National Assembly, there is no guarantee that Barnier's successor would last any longer. The French presidency said earlier Barnier and his ministers remain "in charge of daily business until the appointment of a new government". Source: AFP / Phillipe Lopez / AFP via Getty Images National Assembly speaker Yael Braun-Pivet, a member of the president's centrist faction, urged Macron to quickly choose a new premier, saying France could not be allowed to "drift" for long. In an unusual move, Foreign Minister Jean-Noel Barrot, France's top diplomat for just two-and-a-half months, urged unity in a message on social media, saying "instability is vulnerability" at a time of international uncertainty. Loyalist Defence Minister Sebastien Lecornu and Macron's centrist ally Francois Bayrou have been touted as possible contenders, as has former Socialist premier and interior minister Bernard Cazeneuve. Bayrou, who leads the MoDem party, had lunch with the president at the Elysee, a source close to him told AFP.Petco Health + Wellness Company, Inc. Reports Third Quarter 2024 Earnings Results
UNIVERSAL ROBINA Corp. (URC) shares dropped last week as challenges outweighed the opening of a new flour mill in Quezon. URC was the seventh most actively traded stock last week with 14.26 million shares worth P1.11 billion changing hands from Dec. 2-6, data from the Philippine Stock Exchange showed. Shares of the Gokongwei-led food and beverage company closed at P76.15 apiece, 3.6% lower than the P78.95 close on Nov. 29. For the year, the stock’s price fell 35.6% from a P118.2 close on the last trading day of 2023. Analysts attributed the weaker week-on-week close to the lingering effects of its earnings report released on Nov. 12 and higher inflation in November. “In our view, the recent decline in the stock price [last] week appears to be a continuation of the negative sentiment following last month’s dismal earnings. This spillover effect suggests that investors’ confidence remains fragile as concerns over its near-term prospects persist,” Jemimah Ryla R. Alfonso, equity analyst at Unicapital Securities, Inc., said in an e-mail. For the third quarter, URC posted a net attributable income of P1.42 billion, falling 53.7% from P3.07 billion in the same period last year. The company’s revenues likewise dropped 1.81% to P38.14 billion in the third quarter. “It is hard to say how long the negative effects from its earnings report will last,” Mercantile Securities Corp. Head Trader Jeff Radley C. See said in a Viber message. “The latest inflation data may have also added to the decline in investors’ sentiment [last] week,” Ms. Alfonso added. Inflation quickened to 2.5% in November, as typhoons increased prices, the Philippine Statistics Authority (PSA) said on Dec. 5. Meanwhile, the Department of Agriculture (DA) said on Dec. 1 that the opening of URC’s flour milling factory in Quezon province is seen to improve production. Spanning 10 hectares, the plant is expected to increase URC’s flour capacity to 3,500 metric tons per day. The DA said that the plant is expected to “play a key role in ensuring a stable and affordable supply of products.” “While the recent capacity expansion may be viewed as a positive news for the firm, it appears that it did not provide enough padding for the continued gloomy outlook for URC [last] week. Investors remain focused on the broader challenges that the company is facing including the negative price mix, struggling feed volumes, and the drop in sugar profits,” Ms. Alfonso said. “Our consolidated net income forecast for URC stands at P2.4B, with an expected topline growth of 6% to P168.4B,” she added. Mr. See saw resistance at P88 and support at P70. Ms. Alfonso pegged her support between P73-75.8 and resistance between P80.25-86.25. “Chart-wise, URC remains in a bearish trend. A shift in bias would require the stock to recover and sustain levels above P86 in the short term,” Ms. Alfonso concluded. — Karis Kasarinlan Paolo D. Mendoza
UNITY TOWNSHIP, Pa. — The team looking for a missing Pennsylvania woman believed to have fallen into a sinkhole has determined that an abandoned coal mine is too unstable for people to safely search underground, authorities said Wednesday while still expressing hope Elizabeth Pollard will be found alive. Rescue workers continue to search for Elizabeth Pollard, who is believed to have disappeared in a sinkhole while looking for her cat, Wednesday in Marguerite, Pa. Emergency crews and others have been trying to find Pollard, 64, for two days. Her relatives reported her missing early Tuesday and her vehicle with her unharmed 5-year-old granddaughter inside was found about two hours later, near what is thought to be a freshly opened sinkhole above the long closed, crumbling mine. Authorities said in a noon update that the roof of the mine collapsed in several places and is not stable. The sinkhole is in the village of Marguerite, about 40 miles east of Pittsburgh. “We did get, you know, where we wanted, where we thought that she was at. We’ve been to that spot," said Pleasant Unity Fire Chief John Bacha, the incident's operations officer. “What happened at that point, I don’t know, maybe the slurry of mud pushed her one direction. There were several different seams of that mine, shafts that all came together where this happened at.” Trooper Cliff Greenfield said crews were still actively searching for Pollard. “We are hopeful that she’s found alive,” Greenfield said. Searchers were using electronic devices and cameras as surface digging continued with the use of heavy equipment, Bacha said. Search dogs may also be used. Rescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, Tuesday in Marguerite, Pa. On Wednesday afternoon, machinery was removing material from the area around the hole while police and other government vehicles blocked a clear view of the scene. Sinkholes occur in the area because of subsidence from coal mining activity. Rescuers had been using water to break down and remove clay and dirt from the mine, which has been closed since the 1950s, but that increased the risk “for potential other mine subsidence to take place," Pennsylvania State Police spokesperson Trooper Steve Limani said. Crews lowered a pole camera with a sensitive listening device into the hole, but it detected nothing. Another camera lowered into the hole showed what could be a shoe about 30 feet below the surface, Limani said. Searchers have also deployed drones and thermal imaging equipment, to no avail. Marguerite Fire Chief Scot Graham, the incident commander, said access to the immediate area surrounding the hole was being tightly controlled and monitored, with rescuers attached by harness. The top of a sinkhole is seen Tuesday in the village of Marguerite, Pa., where rescuers searched for a woman who disappeared. “We cannot judge as to what’s going on underneath us. Again, you had a small hole on top but as soon as you stuck a camera down through to look, you had this big void,” Graham said. “And it was all different depths. The process is long, is tedious. We have to make sure that we are keeping safety in the forefront as well as the rescue effort.” Bacha said they were “hoping that there’s a void that she could still be in.” Pollard's family called police at about 1 a.m. Tuesday to say she had not been seen since going out at about 5 p.m. Monday to search for Pepper, her cat. The temperature dropped well below freezing that night. Her son, Axel Hayes, said Pollard is a happy woman who likes going out to have fun. She and her husband adopted Hayes and his twin brother when they were infants. Hayes called Pollard “a great person overall, a great mother” who “never really did anybody wrong.” He said at one point Pollard had about 10 cats. “Every cat that she’s ever come in contact with, she has a close bond with them,” Hayes said. His mother worked for many years at Walmart but recently was not employed, he said. “I’m just hoping right now that she’s still with us and she’s able to come back to us,” he said. Police said they found Pollard's car parked behind Monday's Union Restaurant in Marguerite, about 20 feet from the sinkhole. Hunters and restaurant workers in the area said they had not noticed the manhole-size opening in the hours before Pollard disappeared, leading rescuers to speculate that the sinkhole was new. “It almost feels like it opened up with her standing on top of it,” Limani said. Searchers accessed the mine late Tuesday afternoon and dug a separate entrance out of concern that the ground around the sinkhole opening was not stable. “Let’s be honest, we need to get a little bit lucky, right?” Limani said Wednesday. “We need a little bit of luck on our side. We need a little bit of God’s good blessing on our side.” Pollard lives in a small neighborhood across the street from where her car and granddaughter were located, Limani said. The young girl “nodded off in the car and woke up. Grandma never came back," Limani said. The child stayed in the car until two troopers rescued her. It's not clear what happened to Pepper. In an era of rapid technological advancement and environmental change, American agriculture is undergoing a revolution that reaches far beyond the farm gate. From the food on consumer plates to the economic health of rural communities, the transformation of U.S. farming practices is reshaping the nation's landscape in ways both visible and hidden. explores how these changes impact everyone, whether they live in the heartland or the heart of the city. The image of the small family farm, while still a reality for many, is increasingly giving way to larger, more technologically advanced operations. According to the USDA, from 6.8 million in 1935 to about 2 million today, with the average farm size growing from 155 acres to 444 acres. This shift has profound implications for rural communities and the food system as a whole. Despite these changes, diversity in farming practices is on the rise. A , involving data from over 2,000 farms across 11 countries, found that diversifying farmland simultaneously delivers environmental and social benefits. This challenges the longstanding idea that practices boosting biodiversity must come at a cost to yields and food security. The adoption of precision agriculture technologies is transforming how farmers manage their land and resources. GPS-guided tractors, drone surveillance, and AI-powered crop management systems are becoming commonplace on many farms. These technologies allow farmers to apply water, fertilizers, and pesticides with pinpoint accuracy, reducing waste and environmental impact while improving yields. However, the digital divide remains a challenge. More than lack reliable broadband internet access, hindering the widespread implementation of AI and other advanced technologies in agriculture. While technology offers new opportunities, farmers are also facing significant economic challenges. The projects a 4.4% decline in net farm income from 2023, following a sharp 19.5% drop from 2022 to 2023. This financial pressure is compounded by rising production costs and market volatility. Climate variability adds another layer of complexity. Extreme weather events, changing precipitation patterns, and shifting growing seasons are forcing farmers to adapt quickly. These factors could over the coming decades without significant adaptation measures. But adapting requires additional financial resources, further straining farm profitability. In the face of these challenges, many farmers are turning to diversification as a strategy for resilience and profitability. The Science study mentioned earlier found that farms integrating several diversification methods supported more biodiversity while seeing simultaneous increases in human well-being and food security. Agritourism is one popular diversification strategy. In 2022, 28,600 U.S. farms reported agritourism income, averaging from these activities. Activities like farm tours, pick-your-own operations, and seasonal festivals not only provide additional income but also foster a deeper connection between consumers and agriculture. The changing face of agriculture is directly impacting consumers. The rise of farm-to-table and local food movements reflects a growing interest in where our food comes from and how it's produced. If every U.S. household spent just $10 per week on locally grown food, it would generate billions of dollars for local economies. However, the larger challenges in agriculture can also lead to price fluctuations at the grocery store. The projects that food-at-home prices will increase between 1.2% and 2.2% in 2024. Looking ahead, several innovations are poised to reshape agriculture: The transformation of American agriculture affects everyone, from the food we eat to the health of our environment and rural communities. Consumers have the power to support sustainable and diverse farming practices through our purchasing decisions. As citizens, they can advocate for policies that support farmers in adopting innovative and sustainable practices. The challenges facing agriculture are complex, but they also present opportunities for innovation and positive change. By understanding and engaging with these issues, everyone can play a part in shaping a more resilient, sustainable, and equitable food system for the future. Get local news delivered to your inbox!TV presenters Emma and Matt Willis have expressed their concerns for their children, admitting they are "worried and scared" about the need for increased safeguards for children using smartphones. This comes after their involvement in a groundbreaking social experiment featured in their new Channel 4 documentary 'Swiped', which delves into the effects of smartphone usage on young people's behaviour. The couple teamed up with The Stanway School in Colchester, challenging a group of Year 8 students—and themselves—to go without their smartphones for three weeks. The kids, some of whom used their phones for up to five hours daily, initially found it tough to cope without the gadgets they're hooked on. However, as the experiment progressed, improvements were noted; the youngsters slept better, appeared more attentive in class, and some experienced reduced anxiety. The documentary also explores the disturbing content that young children can access on their phones, including violent footage and explicit adult material, leaving Emma and Matt shocked. Read more Rebekah Vardy branded 'jealous' and 'desperate' by ex-husband in savage rant Emma and Matt, posing as 13 year olds on TikTok with new phones, were shocked to receive content related to suicide and violence against women within just four hours of scrolling on a fresh account, reports the Mirror . Emma expressed her shock, saying: "It's just not what I thought it would was. I know you hear stories about what can be found on there but finding and searching for something is very different from it being served to you the first time you go on there as a 13 year old." Matt later described the content accessible to children on their phones as "terrifying". Prior to the experiment, Matt voiced his concerns: "It's how much time our kids spend on their smart phones that got us worried. I think we've signed up to this experiment because we're living it. We're going through it with our kids and we have no idea how to navigate this. We're worried, we're scared, everything we're seeing is negative, but we don't know how to stop it." He also shared his personal experience: "Our daughter was 11 when she got a smart phone, it's been the biggest disruptor between us and her, I feel like I lose her to it quite a bit. I miss her. I remember sitting on the couch once, the TV was playing and we were all on our phone. I was like, 'This is not good'." The couple, parents to Isabelle, 15, Ace, 13, and Trixie, 8, have now implemented changes in their own home following the experiment. Emma, the presenter of The Voice, aged 48, has shared details about her family's tech habits, revealing that mobile phones are now charged downstairs and not in bedrooms. The children also hand over their devices to ensure some quality time together after 8pm. Interestingly, Emma has removed Instagram from her phone, only accessing it via an iPad. While their youngest child has steered clear of owning a smartphone for now, this looks unlikely to change for several years. Emma expressed her mixed feelings on the matter: "Our kids first had a phone when they were at secondary school, it feels like everyone has one and they want one. There are times when I definitely feel like I've lost them. Personally for me, I wished I'd never given them a smart phone. Our eldest, even now, and we're a bit scared of her on this subject, which is terrible really because she's a lovely kid. We never allow them to have social media. Then when she was 14 she had been begging for a long time and we were like, you can have Snapchat. And she's literally on it all the time." She continues with hopes for the future: "The one thing that we really want to get out of this experiment is that we really hope that it will get the ball rolling and change will begin. Because I think what we all want is that for our kids to be able to be in the tech world from the right age, but be absolutely safe within it. If we can all kind of put that pressure on, hopefully we can make positive change." Musician Matt, 41, who is a recovering drug addict and no stranger to battling addiction, shared his personal struggle with technology dependency. He confessed: "I used to belittle it in my head. But when I think about it, I am addicted to my phone. When I'm without it I crave it. I act the same way about this device as I have about substances in the past." He also expressed strong support for age restrictions on smartphone use, saying: "When I think about the idea of a smartphone ban to the age of 14, I think that's a very wise decision. We are exposing them to so much stuff that they can't process or they shouldn't be seeing, and we are allowing that to happen. The Government can't turn a blind eye to this anymore. You've got to look at this and go, this is a massive problem." They discuss potential reforms with Peter Kyle, Secretary of State for Science, Innovation and Technology, considering measures such as a ban on smartphones for under-14s on the documentary.By TRÂN NGUYỄN SACRAMENTO, Calif. (AP) — California, home to some of the largest technology companies in the world, would be the first U.S. state to require mental health warning labels on social media sites if lawmakers pass a bill introduced Monday. The legislation sponsored by state Attorney General Rob Bonta is necessary to bolster safety for children online, supporters say, but industry officials vow to fight the measure and others like it under the First Amendment. Warning labels for social media gained swift bipartisan support from dozens of attorneys general, including Bonta, after U.S. Surgeon General Vivek Murthy called on Congress to establish the requirements earlier this year, saying social media is a contributing factor in the mental health crisis among young people. “These companies know the harmful impact their products can have on our children, and they refuse to take meaningful steps to make them safer,” Bonta said at a news conference Monday. “Time is up. It’s time we stepped in and demanded change.” State officials haven’t provided details on the bill, but Bonta said the warning labels could pop up once weekly. Up to 95% of youth ages 13 to 17 say they use a social media platform, and more than a third say that they use social media “almost constantly,” according to 2022 data from the Pew Research Center. Parents’ concerns prompted Australia to pass the world’s first law banning social media for children under 16 in November. “The promise of social media, although real, has turned into a situation where they’re turning our children’s attention into a commodity,” Assemblymember Rebecca Bauer-Kahan, who authored the California bill, said Monday. “The attention economy is using our children and their well-being to make money for these California companies.” Lawmakers instead should focus on online safety education and mental health resources, not warning label bills that are “constitutionally unsound,” said Todd O’Boyle, a vice president of the tech industry policy group Chamber of Progress. “We strongly suspect that the courts will set them aside as compelled speech,” O’Boyle told The Associated Press. Victoria Hinks’ 16-year-old daughter, Alexandra, died by suicide four months ago after being “led down dark rabbit holes” on social media that glamorized eating disorders and self-harm. Hinks said the labels would help protect children from companies that turn a blind eye to the harm caused to children’s mental health when they become addicted to social media platforms. “There’s not a bone in my body that doubts social media played a role in leading her to that final, irreversible decision,” Hinks said. “This could be your story.” Related Articles National News | Numerous drone sightings in N.J. don’t pose safety concern, governor says National News | Biden creates Native American boarding school national monument to mark era of forced assimilation National News | How should the opioid settlements be spent? Those hit hardest often don’t have a say National News | ‘Polarization’ is Merriam-Webster’s 2024 word of the year National News | Supreme Court rejects appeal challenging Hawaii gun licensing requirements under Second Amendment Common Sense Media, a sponsor of the bill, said it plans to lobby for similar proposals in other states. California in the past decade has positioned itself as a leader in regulating and fighting the tech industry to bolster online safety for children. The state was the first in 2022 to bar online platforms from using users’ personal information in ways that could harm children. It was one of the states that sued Meta in 2023 and TikTok in October for deliberately designing addictive features that keep kids hooked on their platforms. Gov. Gavin Newsom, a Democrat, also signed several bills in September to help curb the effects of social media on children, including one to prohibit social media platforms from knowingly providing addictive feeds to children without parental consent and one to limit or ban students from using smartphones on school campus. Federal lawmakers have held hearings on child online safety and legislation is in the works to force companies to take reasonable steps to prevent harm. The legislation has the support of X owner Elon Musk and the President-elect’s son, Donald Trump Jr . Still, the last federal law aimed at protecting children online was enacted in 1998, six years before Facebook’s founding.“She Lived in a Heightened Reality”: ‘THR Presents’ Q&A With ‘Maria’ Cinematographer Ed Lachman