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Google hails breakthrough as quantum computer surpasses ability of supercomputers
Algorithm performed task beyond capability of classical computers, although experts say real-world application still years away Google has claimed a breakthrough in quantum computing after developing an algorithm that performed a task beyond the capabilities of conventional computers. The algorithm, a set of instructions guiding the operation of a quantum computer, was able to compute…
Italian news publishers demand investigation into Google’s AI Overviews
Newspaper federation says ‘traffic killer’ feature violates legislation and threatens to destroy media diversity Italian news publishers are calling for an investigation into Google’s AI Overviews, arguing that the search engine’s AI-generated summaries feature is a “traffic killer” that threatens their survival. FIEG, the Italian federation of newspaper publishers, said it has submitted a formal…
Driverless taxis from Waymo will be on London’s roads next year, US firm announces
Cars with human safety drivers will appear in coming weeks as permissions are sought for fully autonomous rides Driverless taxis from Waymo will be available for hire on London’s roads next year, the US company has announced. The UK capital will become the first European city to have an autonomous taxi service of the kind…
Trio win Nobel economics prize for work on technology-driven growth
Joel Mokyr has warned of ‘dark clouds’ amid Trump tariffs, while Philippe Aghion and Peter Howitt have written about role of ‘creative destruction’ Business live – latest updates Three experts in the power of technology to drive economic growth have been awarded this year’s Nobel prize in economics. Joel Mokyr of Northwestern University secured half…
Gen Z faces ‘job-pocalypse’ as global firms prioritise AI over new hires, report says
British Standards Institution study across seven countries found quarter of bosses believe entry-level tasks could be automated to reduce costs Young people entering the workforce are facing a “job-pocalypse”, as business leaders invest in artificial intelligence (AI) rather than new hires, according to a study of global business leaders. Bosses are prioritising automation through AI…
Bank of England warns of growing risk that AI bubble could burst
Possibility of ‘sharp market correction has increased’, says Bank’s financial policy committee Business live – latest updates The Bank of England has warned there is a growing risk of a “sudden correction” in global markets as it raised concerns about soaring valuations of leading AI tech companies. Policymakers said there were also threats of a…
‘We want justice’: workers at Amazon warehouses in Saudi Arabia still waiting on financial redress
Asian migrant laborers who paid predatory recruiting fees say global mega-corporation has not kept its promise to pay them restitution Warehouse laborers from Asia say the world’s second largest employer, Amazon, has failed to live up to its promises to compensate them for financial abuses tied to their work for the online retailer in Saudi…