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Disruption

Rescue deal for SVB UK ‘minimises disruption to tech,’ says BoE

The British tech sector can rest a little easier tonight after the UK arm of Silicon Valley Bank (SVB) was sold to HSBC for just £1. The intervention followed last week’s collapse of the subsidiary’s California-based parent company. The Bank of England (BoE) intervened over fears that mass withdrawals in the US would spread to the UK business. Many of SVB UK’s 3,300 customers, which include numerous VC investors and startups, warned they would go bust if their deposits were lost. The BoE had…

Confusion, chaos, and disruption in wake of Delhi’s bike taxi ban

Hi, Pranav here in New Delhi.A case of mistaken identities happened in the country’s capital city last week when transport authorities started issuing challans to e-commerce and food delivery executives over a ban on bike taxis by the state government. But there were layers to this development that we explored through our stories during the week.What happened? Over the course of the last week, e-commerce and food delivery executives were being penalised amid confusion, following the Delhi government’s recent public notice…

Twitter back after outage, service disruption just days after 200 more job cuts

Most Twitter users reported issues with the Twitter app. As many as 59% complained of having issues with their tweets not loading properly. These users reported that the site’s timelines are inaccessible. The second big complaint from users came about Twitter's website. And third being that of 'server connection' failure. But overall, the problems didn't seem very widespread as most users were able to tweet. Most Twitter users reported issues with the Twitter app. As many as 59% complained of having issues with their…

Just how big is this new generative AI? Think internet-level disruption

Look at how even those shelves are. I could never have done that myself. Another example is the CNC. This is a device that cuts and carves wood based on digital plans. I am very, very good at making digital designs. I am very, very bad at cutting wood in a straight line. Recently, I wanted to make a cabinet to store materials. It needed 25 shelves, each an inch and a half from the next. That, in turn, required me to cut 50 exactly matching slots in two slabs of wood. To say that was beyond my woodworking skill set

Why Human Bias in ChatGPT and Other Chatbots Could Lead to Social Disruption

Too Long; Didn't ReadChatbot, ChatGPT, has been condemned as being biased by holding 'anti-conservative bias and grudges' against the former president of the U.S., Donald Trump. OpenAI CEO, Sam Altman, tweeted early February addressing the issue. He admitted there has been “hate” directed at the employees of OpenAI, which he considered to be “appalling”L O A D I N G. . . comments & more! Too Long; Didn't ReadChatbot, ChatGPT, has been condemned as being biased by holding 'anti-conservative bias and grudges'…

Ukraine’s Startups Kept Innovating Through 1 Year of War

“Many people here and across the world were pissed off about some of his posts,” says Pranskevičius, who is based in Kyiv. “But what we’ve seen is that Starlink has continued to work. It’s been invaluable to most individuals and also to people on the front line, where there might be no connectivity at all.” An Uncertain FutureLet’s Enhance has continued to grow, despite the challenges its founders and staff face. One colleague left to go fight on the front lines, and another signed up to work on military technology,…

These are the next 6 industries that are ripe for tech disruption

When it comes to investing in innovation, certain industries have flourished over others. Those that haven’t are now facing a do or die situation to keep up with the demands of a modern society, the ever-prominent concern around the climate crisis, inflation issues, and an aging population. Looking at the global stats Tracxn collected from 230+ sectors between 2013 and 2023, it’s clear which industries — education, hospitality, agriculture, industrial manufacturing, real estate and…

The Hidden Cost of Decarbonization: Population Disruption

Coal mine Bilina in the Czech Republic. Credit: Marketa HendrychovaGöttingen University joins forces with other researchers to study the impact of resources, demographics, and disruption in the shift toward clean energy.Recent research led by the University of Queensland and the University of Göttingen examined the effects of transitioning to clean energy by connecting global resource inventories with demographic systems to uncover potential risks and benefits. The findings suggest that the increased demand for energy…

FAA Suspends Access for Contract Personnel Involved in Flight Disruption

A contractor’s personnel directly involved in a Federal Aviation Administration outage earlier this month have lost access to agency facilities and systems while the matter is being investigated, the air-safety regulator told congressional officials. The FAA system outage resulted in widespread disruptions to U.S. air travel on Jan. 11, including a nearly two-hour halt to domestic departures. In an update shared with congressional officials Wednesday, the FAA said that…

Will Robots Cause Significant Disruption in the Labour Market?

The study found that robots aren’t replacing humans at the rate most people think Disruptive technologies like advanced analytics, advanced robotics, big data, learning machines, the internet of things, 3D printing, and wearables are finding their way into production lines. Notwithstanding the sluggishness of progress on today’s plant floors, the digital wave is gradually changing assembling, adding to significant productivity improvements and the rise of innovative production paradigms that deliver more customized and…