According to the IMF World Economic Outlook report, Japan’s nominal GDP — that is, unadjusted for inflation — is expected to fall 0.2%, year-on-year, to $4.23 trillion in 2023, while Germany’s is forecast to expand 8.4% to $4.42 trillion. The U.S., the world’s largest economy, is expected to grow 5.8% to $26.94 trillion. China’s economy, …
In July, China reported GDP growth of 5.5 percent year-on-year in the first half of 2023. This was one percentage point faster than the first quarter. Total GDP reached RMB 59.3 trillion (approx. US$8.3 trillion). In the second quarter, GDP grew by 6.3 percent year-on-year, up from 4.5 percent year-on-year growth in the first quarter. …
Robin Hanson had a lot of tweets about the global fertility crisis. Nextbigfuture has had many articles about the important topic of the fertility crisis. I will be talking with Robin Hanson this Friday and posting a video recording of the conversation. The current fertility situation:https://t.co/pvF6zZ86Ze pic.twitter.com/zwU61xoApZ — Robin Hanson (@robinhanson) August 21, 2023 World …
Russia is testing a digital ruble to try to circumvent US and European sanctions. The planned timeline is for regular Russian people and businesses to use the central bank digital currency at their own request starting 2025, said Olga Skorobogatova, first deputy governor of the Bank of Russia in a statement. The Bank of Russia …
Anti-China channels are reporting of thousands of abandoned EVs. It is unclear exactly when the video of the registered EV in fields were taken. Thousands and even tens of thousands of sold and abandoned vehicles does not necessarily make a big deal in the big picture. There are normally millions of cars on dealer lots …
I have predicted the relative success of the Canadian economy by 2040-2050. This is NOT predicting an economic miracle for Canada but avoiding economic disaster. Japan, Germany, UK, France and Italy have all ALREADY hit an economic and demographic wall. They have ALREADY flat, aging and even declining populations. It is a prediction based upon …
NHK, one of Japan’s main media companies, had a segment where Japan is worried about dropping from its ranking as the third place economy (nominal GDP). Japan sees its economy falling behind Germany. Germany has a population of 84 million people while Japan has 122 million. Japan’s per capita income has also cratered a rapidly …
We do NOT know if the climate models are correct. There are predictions that worsening storms and drought will have economic losses that are 20-50 times worse than today by 2050. The older predictions of flooding or winters without snow have not happened. However, we know for certain that lowering birth rates will result in …
The 20th century is largely characterized as the American Century where population more than tripled from 76 million in 1900 to 282 million in 2000. It was also where America achieved economic, political and technological dominance. Canada could have an impressive Canadian century in the 21st Century. It won’t rise to number one but it …
ChatGPT, GPT-4 are Large Language Models (LLM). There are four major aspects of LLMs pre-training, adaptation tuning, utilization, and capacity evaluation. Here is one of the new summaries of the available resources for developing LLMs and issues for future directions. Chain-of-Thought (CoT) is an improved prompting strategy to boost the performance of LLMs on complex …
Jason Calcanis talks about the new thing this week, AutoGPT, in the AI transformation. Autocomplete coding makes programmers 5-10X productivity. A programmer replicated the Floppy Bird game in one hour. Describing the anxiety and pain points for artists and other jobs that are immediately at risk. Prompt Engineering – Making the Right Wishes of the …