India adds 2 Silvers and 1 Bronze on day 2 of Cannes Lions 2025
India’s creative momentum at the Cannes Lions International Festival of Creativity 2025 remained strong on Day Two, with agencies bringing home 2 Silver and 1...
Author : D.William
Bitcoin Price Forecast: BTC retests breakout zone as risk-on sentiment supports upside potential
by D.William
Bitcoin price is retesting the key breakout level near $73,400 on Wednesday, with momentum indicators supporting an upside move. US-listed BTC spot ETFs recorded inflows...
Side Letter: Marketing mis-steps
by D.William
Nearly there! A verification email is on its way to you. Please check your spam or junk folder just in case. If you do not...
AI May Widen Inequality Before Gains Emerge, Edun Warns By BUKOLA ARO-LAMBO Nigeria’s minister of finance and coordinating minister of the economy, Wale Edun, has cautioned that the rapid rise of artificial intelligence could deepen global inequality in the near term, even as the technology holds long term promise for improving efficiency and economic outcomes. Speaking at the G24 policy discussions in Washington, Edun who also chairs the G24, said the world is entering a technology driven era that will increasingly be shaped by artificial intelligence, but warned that the distributional effects may not be evenly felt across countries or income groups. “The era we are in is one that clearly is going to be dominated by AI,” he said, adding that while the technology could eventually help close development gaps, its initial impact may be to widen them. He noted that rather than delivering an immediate leapfrog effect for developing economies, AI could reinforce existing structural inequalities, particularly between advanced economies with stronger digital infrastructure and poorer countries still struggling with basic systems of data, automation and connectivity. The caution adds to a growing policy debate among emerging market policymakers about whether frontier technologies will accelerate convergence or deepen divergence in global income levels. However, Edun also pointed to potential domestic gains if countries are able to harness digital tools effectively, particularly in the area of public finance and revenue mobilisation. He said improvements in tax collection and government revenue as a share of gross domestic product would increasingly depend on automation, digitisation and emerging AI driven systems. According to him, efforts to broaden the tax base and improve efficiency in public administration are already being reshaped by technology, with AI expected to play a growing role in reducing leakages and improving compliance. In his view, while the early stages of AI adoption may be disruptive, developing economies that invest in digital infrastructure and institutional capacity could eventually use the technology to strengthen governance and support long term growth.
by D.William
Nigeria’s minister of finance and coordinating minister of the economy, Wale Edun, has cautioned that the rapid rise of artificial intelligence could deepen global inequality...
The Palladium Palm Beach
by D.William
1930s Art Deco former dance hall turned coastal residence and creative retreat, owned by film producer David Elfick listed for sale Image: LJHooker Palm Beach...
CROO officially launches the CROO Agent Protocol (CAP), building a decentralized commercial infrastructure for AI agents | Blockchain Industry Original In-Depth Content – Authoritative Industry Analysis Report Interpretation – Blockchain Technology Application Analysis
by D.William
CROO is a decentralized economic infrastructure designed for the AI agent economy, enabling autonomous agents to discover tasks, complete service transactions, and be held and...
PIMCO's Balls says has increased exposure to European bonds – marketscreener.com
by D.William
PIMCO’s Balls says has increased exposure to European bonds marketscreener.com Source link...
Eaton Earns Prestigious Gold Medal Rating From EcoVadis for Sustainability Management Maturity
by D.William
Places Eaton among top 4% of companies evaluated worldwide Ten consecutive years of EcoVadis ratings reflect Eaton’s sustained performance and year‑over‑year improvement DUBLIN, April 15,...
Aging population to reshape housing market as downsizing wave builds
by D.William
“While downsizing won’t happen all at once, the direction is clear,” says Don Kottick, President of REMAX Canada. “Canada’s aging population will undoubtedly shift demand...
$5.1 Million for Royal Mint’s Sovereign and Britannia Coins
by D.William
More than $5.1 million in total prices were realized in the Stack’s Bowers Galleries auction of special Britannia and Sovereign bullion coins sold on behalf...