Economy

What happens when AI replaces every job?
What happens when AI replaces every job? AI economist Anton Korinek predicts that artificial general intelligence (AGI) could arrive in just 2-5 years, revolutionizing the economy. The rapid development of AGI poses a significant threat to traditional employment, potentially replacing every job within a short period. According to Korinek, if AI replaces every job without […]
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Trump–Xi call boosts Chinese president’s tough man image — and may have handed him the upper hand in future talks
Trump–Xi call boosts Chinese president’s tough man image — and may have handed him the upper hand in future talks US President Donald Trump held a phone call with Chinese President Xi Jinping on June 5, which was seen as a success for his administration and led to the easing of some trade tensions. The […]
🏛️ Politics

For Trump’s ‘no taxes on tips,’ the devil is in the details
For Trump’s ‘no taxes on tips,’ the devil is in the details President Trump’s promise to eliminate taxes on tips may seem like a windfall for service workers, but the fine print reveals a more complex story. The “One Big Beautiful Bill Act” and the “No Tax on Tips Act” propose tax breaks for cash […]
🏛️ Politics

How AI will transform the economy
How AI will transform the economy Once you provide the text, I’ll generate a TLDR with about 5 bullet points in the format of BulletPointN . How AI will transform the economy. Source: Youtube link Q. What is the expected impact of AI on the job market? A. AI is likely to automate many jobs, […]
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Detroit’s population grew in 2023, 2024 − a strategy to welcome immigrants helps explain the turnaround from decades of population decline
Detroit’s population grew in 2023, 2024 − a strategy to welcome immigrants helps explain the turnaround from decades of population decline Detroit’s population grew for the second year in a row in 2024, marking a remarkable comeback after decades of decline, thanks to efforts to attract and settle immigrants. The city’s strategy to welcome immigrants […]
📰 News

Work requirements are better at blocking benefits for low-income people than they are at helping those folks find jobs
Work requirements are better at blocking benefits for low-income people than they are at helping those folks find jobs Republican lawmakers have passed a bill that includes massive tax and spending cuts, including provisions to reduce federal Medicaid spending by requiring anyone enrolled in the program who appears to be able to get a job […]
🏛️ Politics

Trump’s lifting of Syria sanctions is a win for Turkey, too – pointing to outsized role middle powers can play in regional affairs
Trump’s lifting of Syria sanctions is a win for Turkey, too – pointing to outsized role middle powers can play in regional affairs US President Donald Trump announced that the US would lift sanctions on Syria, a move seen as a victory for Turkish President Recep Tayyip Erdogan and Syrian President Ahmad al-Sharaa, who have […]
🏛️ Politics

Harvard fights to keep enrolling international students – 4 essential reads about their broader impact
Harvard fights to keep enrolling international students – 4 essential reads about their broader impact Harvard University has temporarily blocked a Trump administration order that would have revoked its authorization to enroll international students, escalating the ongoing conflict between the university and the White House. The Trump administration’s efforts to increase vetting and screening of […]
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Elite U.S. Universities Show Dependency on International Students
Elite U.S. Universities Show Dependency on International Students Many elite US universities, including NYU, Johns Hopkins, Columbia, and Carnegie Mellon, rely heavily on international students to fill their classrooms and research programs. The share of international students at these top universities has been growing over the past two decades, driven by rising incomes in countries […]
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19th-century Catholic teachings, 21st-century tech: How concerns about AI guided Pope Leo’s choice of name
19th-century Catholic teachings, 21st-century tech: How concerns about AI guided Pope Leo’s choice of name Pope Leo XIV chose his name as a tribute to Pope Leo XIII, who applied Catholic tradition to the Industrial Revolution and wrote the influential encyclical Rerum Novarum in 1891. The new pope’s choice of name was inspired by concerns […]
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