Raising a child in the U.S. has become significantly pricier due to high inflation rates. Research from LendingTree reveals that childcare costs have surged nearly 20% between 2016 and 2021. Families are now estimated to spend around $237,482 over 18 years to raise a child, excluding college expenses. However,...
Sophia Chen
Sophia Chen, BizTech Weekly's expert on artificial intelligence and machine learning, has a knack for demystifying the most complex topics. With a PhD in computer science and years of research in AI, Sophia's writing seamlessly navigates the future of technology, making her an authoritative voice on what's next in AI.
The American dream of owning a home remains elusive for many, as financial constraints hinder 78% of would-be buyers from entering the market. Challenges like inadequate income, high home prices, and unaffordable down payments continue to exacerbate the housing affordability crisis. With mortgage rates soaring and monthly payments reaching...
A team at Berkeley startup Profluent has utilized generative AI to enhance human DNA editing, creating efficient gene editors via the CRISPR technique. The company's OpenCRISPR-1 has already been used on human DNA, marking a breakthrough in AI-designed gene editing. Profluent's CEO Ali Madani envisions a future where AI...
S&P Global Ratings downgraded Israel's credit ratings due to heightened geopolitical risks stemming from recent conflicts with Hamas and Iran. The agency lowered long-term sovereign credit ratings to 'A+' and short-term ratings to 'A-1', with a negative outlook. Concerns include potential military escalations with Iran and Hezbollah, despite efforts...
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The founder of the startup Orchid, Noor Siddiqui, defends her service of allowing parents to choose embryos with desired genes, vehemently denying any connection to eugenics, despite the practice's association with selecting for "Good genes." In a recent interview with Wired, Siddiqui argued that the screening process aims to...
The CEO of Mistral, Europe's promising AI firm, challenges the obsession with Artificial General Intelligence, likening it to a quest to create a deity. In an interview, Arthur Mensch criticizes the "very religious" fixation of his peers on AGI, which he believes is akin to playing god. At just...
Amazon has heavily invested in Prime Video to secure original content and streaming rights, spending nearly $19 billion on digital content last year. Despite CEO Andy Jassy's support, the platform faces challenges with content categorization and descriptions, leading to customer complaints. To address this, Amazon plans to launch a...
Dan Savickas, the director of policy for the Taxpayer's Protection Alliance, discussed former President Trump's proposed 60% tariff on Chinese imports and its impact on American consumers with FOX Business. Trump suggested a 10% universal tariff on imports. Savickas emphasized that the 60% tariff on Chinese goods would lead...
MacroMavens' President Stephanie Pomboy shares expectations for the economy, discussing the impact of rising inflation on consumers and the Q4 GDP read. Recent data from the University of Michigan reveals a decline in consumer sentiment, with inflation expectations on the rise. This shift in sentiment suggests concern over a...
Caught in the Crossfire: Iran’s Revolutionary Guard Makes a Bold Move Near Strait of Hormuz
2 min read
Several authors have declined awards from PEN America due to disagreement with the organization's stance on the war in Gaza. The decision to decline recognition was made in solidarity with ongoing protests against PEN's normalization and denial of genocide. Despite the controversy, PEN's literary programming director expressed respect for...
Gabe "Gaben" Newell, co-founder of Valve, the gaming company known for Steam and Half-Life, has quietly been developing a brain-computer interface. Amidst rumors of Half-Life 3, his BCI venture, Starfish Neuroscience, is emerging. Newell's interest in brain chips dates back to 2019, with gaming applications in mind. His vision...
