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Business

The latest published reporting in this category.

Finance

55% of China’s tokens are burned in short dramas, and 58% in the United States are burned in codes: the flow of tokens exposes two “survival methods” of AI

This article examines GitHub Copilot user and paid subscription data, and AI skit computing power costs to clarify two key figures that are easily confused in the industry, compares the differences between flow-based and productivity-based AI, dismantles the business logic behind the flow of tokens, peels off false narratives circulated in the industry, and restores the true payment and cost profile of the current AI industry.

钛媒体
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Politics

Why are Britain's streets still so polluted? Because the car industry dinosaurs do what they like, and politicians let them | George Monbiot

The transition to electric vehicles should be moving apace, but it is not. And why? Incompetence, expedience and cowardice This is how it works. An industry puts tremendous effort into resisting change: lobbying governments, mobilising the media, pouring money into junktanks. It argues that a transition would threaten jobs, or damage the national interest, or harm poor people, while what it really fears is the cost of retooling its plants or developing new protocols. Then, when the inevitable cliff edge approaches, it whines that change is coming too soon. For reasons beyond its control, it is

The Guardian
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Finance

Prime property, slow sales: why London’s stock of empty high-end flats is piling up

Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the cost London has no shortage of luxury flats. There are ultra-modern blocks in the most upmarket neighbourhoods – including Chelsea, Kensington and Mayfair – that offer marble lobbies, concierge services and views across the city’s skyline. The problem for property developers is finding wealthy residents to fill them, leaving brand-new properties in London’s most desirable postcodes standing empty. Continue reading...

The Guardian
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