Hard Pass

I use arch btw

Latest lemmy spammer lol

The EU and Canada have begun to negotiate a so-called ‘Digital Trade Agreement’ (DTA), alongside Europe’s clash with the US on digital regulation.

The DTA is to boost legal certainty and fair digital trade across the Atlantic Ocean.

Negotiations for the new deal were announced on Friday (6 March) and will build on the 2017 EU-Canada Comprehensive Economic and Trade Agreement.

...

The aim of the collaboration is to create digital consumer protection, add legal certainty for businesses operating digitally (for example, clarifying the legality of electronic signatures, contracts, and invoices), and to achieve fair digital trade, shielded from protectionist data or digital practices.

...

Digital trade is growing in size and importance, with over 60% of global GDP linked to digital transactions. The EU is the world's leading exporter and importer of digitally deliverable services. As of 2023, 54 % of the EU's service trade was conducted digitally, amounting to €670 billion in imports and €661 billion in exports from outside the EU. This includes, for example, telecommunication services, computer and information services, and other services that are typically delivered digitally (financial services, insurance and pension services, etc).

...

Archived link

Canada and Australia are tying together two of the world’s largest retirement systems through a new investment pact that aims to push more pension capital into both markets.

More than a dozen Canadian and Australian pension giants have entered a first-of-its-kind memorandum of understanding (MOU) under the Canadian-Australian Pension Funds Investment Initiative (CAP Invest Initiative).

CPP Investments said the initiative asks leading pension investors to make a voluntary commitment “to facilitate dialogue on investment environments and policy barriers to generate solutions that unlock greater opportunities for value creation.”

...

Under the arrangement, funds will cooperate to channel more pension capital into opportunities in both markets.

...

Signatories include AustralianSuper, which manages A$410bn (US$289bn), and the Canada Pension Plan Investment Board, with $781bn (US$571bn) in assets, along with eight other major Canadian funds.

Canada operates the world’s second-largest pension system, while Australia’s A$4.5tn pool is No. 4, and Canada’s system is forecast to reach $8tn while Australia’s is projected to swell to A$11tn by 2040.

...

source unknown (sorry)

Archived link

The high-stakes competition between Korea and Germany for a 60 trillion won ($40 billion) submarine contract with the Canadian Navy has become more complicated.

The bid to build 12 submarines is also turning more multinational as Britain is backing Hanwha Ocean through a strategic partnership with Babcock International — the British defense giant currently responsible for maintaining Canada’s submarine fleet. Germany’s bid, meanwhile, is being aided by Norway, which has already purchased German Type 212CD submarines.

...

The claim was filed in B.C. Supreme Court on Monday on behalf of Gebala by her mother, Cia Edmonds.

It alleges that the company designed its chat tool, ChatGPT, in such a way that there were risks users "would become psychologically and socially dependent" upon it.

The lawsuit states that the company "had specific knowledge of the shooter's long-range planning of a mass casualty event," but "took no steps to act upon this knowledge."

CBC News has reached out to OpenAI for a response to the lawsuit. None of the claims have been proven in court.

Canada will invest more than $900 million for defence innovation in Canada, including money for drone technology and a new Bombardier aircraft, managed through the National Research Council (NRC), according to an announcement by Industry Minister Melanie Joly, National Defence Minister David McGuinty and Secretary of State for Defence Procurement Stephen Fuhr.

The National Research Council of Canada’s (NRC) new programs in support of Canada’s Defence Industrial Strategy reinforce its long-standing partnership with the Department of National Defence (DND) and the Canadian Armed Forces. This enduring collaboration represents the single largest client relationship of the NRC today.

...

• Initial investments under the Defence Industrial Strategy contribute to Canada spending 2% of gross domestic product (GDP) on defence in 2025–2026.

• Increasing investments in core military capabilities, building up Canadian industry and investing in dual-use technologies are putting Canada on a pathway to meet the new North Atlantic Treaty Organization (NATO) Defence Investment Pledge to invest 5% of GDP by 2035.

• The Canadian defence industry contributes nearly $10 billion to Canada’s GDP and supports over 81,000 jobs.

• Since 2021, the NRC has delivered more than 975 joint projects with DND, advancing aerospace, sensors, marine and biosecurity technologies.

• The NRC’s Challenge programs have provided more than $240 million in joint research and development funding since 2018. They have produced 2,600 technologies and tools and nine spin-off companies.

Public water supplies in America will need billions invested to meet the peak requirements of datacenters during the hottest periods of the year, even if their overall annual consumption is relatively modest.

A study by researchers at the University of California, Riverside, acknowledges that water is an efficient means of cooling for server farms, which are looking to minimize their power usage.

But it warns that the growing water demand will lead to substantial peak withdrawals, which many communities in the US do not have the capacity to supply, particularly during the hottest days of the year.

Without new water efficiencies, datacenters across America may require 697 million to 1.45 billion gallons of extra peak water capacity per day by 2030, the study estimates. This compares with New York City's daily water supply of about a billion gallons.

Not like we have any other uses for water in a rapidly heating world.

https://void.rehab/notes/ajn3uyt1kspnagwc

Late last month, at an event in Washington, D.C., Andrew Yang delivered a bleak message. “I have bad news, America,” he told the crowd. “The Fuckening is here.”

The Fuckening is the name that Yang, a former presidential candidate, has given to AI’s disembowelment of the workforce. As he sees it, millions of knowledge workers will soon lose their job, personal-bankruptcy rates will spike, and entire downtowns will turn vacant as offices hollow out. Yang has talked with computer-science majors, he said onstage, who can’t find a job and are instead “driving Ubers to make ends meet.” His doomsaying is extreme but familiar: Fears of job losses are mounting as AI continues to rapidly advance. A new generation of AI agents are more capable than traditional chatbots of assisting with sophisticated computer work. Bots are no longer limited to searching the web and answering questions—they can create financial models, generate slide decks, and much more.

Perhaps the most concerning sign yet of an impending jobs crisis came one day after Yang’s announcement. The payments firm Block, which operates Square and Cash App, announced that it was laying off roughly 4,000 workers—nearly half of the company’s workforce—due to AI. “The intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working,” Block CEO Jack Dorsey, who also co-founded Twitter, wrote. Going forward, he added, the company will be laser-focused on integrating AI across layers of its operations.

Co-founders of Moltbook, a platform for artificial intelligence agents, will join tech giant’s AI research unit Facebook parent Meta Platforms said on Tuesday it had acquired Moltbook, a social networking platform built for artificial intelligence agents, bringing the company’s founders into its AI research division. The deal will bring Moltbook co-founders Matt Schlicht and Ben Parr into Meta Superintelligence Labs, the unit led by Alexandr Wang, former Scale AI CEO, which Meta purchased for $14.8bn. Meta did not disclose financial terms of the deal. Schlicht and Parr are expected to begin at Meta Superintelligence Labs on 16 March.