China Now Has the Most Valuable AI Startup in the World - Bloomberg
...Police can use Viper to track everything from vice and accidents to suspects on blacklists. While civil libertarians say such systems have been used to track activists and oppress minorities in places like the Western region of Xinjiang, Xu believes the technology is essential and deployed in various ways by authorities around the world. China’s police forces and surveillance footage are also important sources of training data for SenseTime’s image recognition systems -- it claims to work with 40 city authorities in the country.
Monday, April 9, 2018
Sunday, April 8, 2018
On My Radar: Mauldin Economics 2018 SIC (Part 4) – Louis-Vincent Gave: China’s Game-Changing Policy Shifts - CMG
On My Radar: Mauldin Economics 2018 SIC (Part 4) – Louis-Vincent Gave: China’s Game-Changing Policy
If you’ve heard me present over the years, you know I’ve been a little bit of a China permabull. I’ve tended to always look at the brighter side of things in China. The reason for that is I fundamentally believe in Charlie Monger’s saying that, “Show me the incentives and I’ll tell you the outcome.” For the past 20 years or so, the incentive structure in China was a very, very simple one to understand. What you had is a technocratic class that was in charge of most of the important decisions. This technocratic class was told, if you were a young, bright technic party member of this technocratic class and you were sent to be mayor of Wuhan or party secretary in Chandon or governor of Anhui or wherever else, you were given a very simple brief. The brief was “deliver strong growth and you can aspire to the next job. At some point, some day, you can leave the sticks and come back to Beijing.”
With that incentive structure in place … deliver strong growth, you get the next job … you could bet your bottom dollar that growth in China would always be fairly decent, number one. Number two, that China would always add over capacity pretty much regardless of where you were in the cycle. Because again, if you were the mayor of Wuhan and you’re thinking about your next job, and you’ve got a permit application for a new real estate development, you take your big stamp and you say, “Approved.” Next, you get a big permit application for a new factory and you say, “Approved.”
That was the incentive structure. Show me the incentives, and I’ll tell you the outcome. Shifts - CMG
Thursday, April 5, 2018
Wednesday, April 4, 2018
These Are the World’s Cheapest Places for Drugs, Booze and Cigarettes - Bloomberg
These Are the World’s Cheapest Places for Drugs, Booze and Cigarettes - Bloomberg
...Vice is cheapest in Luxembourg, where the cost comes in at less than 10 percent of the $2,071 average weekly wage, which is the highest in the world. ...
...Vice is cheapest in Luxembourg, where the cost comes in at less than 10 percent of the $2,071 average weekly wage, which is the highest in the world. ...
Tuesday, April 3, 2018
Coffee, California, and Weaponized Food Phobias | Mauldin Economics
Coffee, California, and Weaponized Food Phobias | Mauldin Economics
...For more than a decade, the scientific evidence supporting coffee’s health benefits has been mounting. Coffee consumption has been linked to lower rates of Alzheimer’s, liver disease, cardiovascular disease, type 2 diabetes, cancer, and others. Epidemiologically, it’s more than obvious that coffee is geroprotective, an anti-aging therapeutic.
...For more than a decade, the scientific evidence supporting coffee’s health benefits has been mounting. Coffee consumption has been linked to lower rates of Alzheimer’s, liver disease, cardiovascular disease, type 2 diabetes, cancer, and others. Epidemiologically, it’s more than obvious that coffee is geroprotective, an anti-aging therapeutic.
As much as any scientific matter can ever be closed, the case for and against coffee is closed—except in California.
...Take a very recent paper published in the European Journal of Epidemiology, which showed that up to five cups of coffee daily lowered the risk of cancer in Swedish women.
Sunday, April 1, 2018
Palestinians Seek Protection as Israel Blasts ‘Terrorist’ March - Bloomberg
Palestinians Seek Protection as Israel Blasts ‘Terrorist’ March - Bloomberg
...Hamas leaders presented the initiative as a peaceful effort, though they conceded that it could get out of hand. The army said riots broke out at five locations along the border. Palestinian eyewitnesses said that in one spot, about 90 people cut through the security fence and confronted soldiers, with many being shot in the legs. Gaza’s Hamas-run Health Ministry said 16 Palestinians were killed and more than 1,400 injured Friday, while another three Palestinians were hurt in continued skirmishes Saturday.
...Hamas leaders presented the initiative as a peaceful effort, though they conceded that it could get out of hand. The army said riots broke out at five locations along the border. Palestinian eyewitnesses said that in one spot, about 90 people cut through the security fence and confronted soldiers, with many being shot in the legs. Gaza’s Hamas-run Health Ministry said 16 Palestinians were killed and more than 1,400 injured Friday, while another three Palestinians were hurt in continued skirmishes Saturday.
Violence against Israel has surged in recent weeks. Palestinians, who want the eastern part of Jerusalem as their own capital, have been storming the Gaza fence and planting bombs targeting Israeli soldiers, drawing retaliatory fire and air strikes. At least five Israelis have been killed in stabbing and car-ramming attacks in Jerusalem and the West Bank in recent weeks.
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