Expanding the Legacy
Expanding the Legacy
A warbird is rising phoenix-like from the ashes. The lumbering yet graceful Consolidated PBY Catalina flying boat of World War II vintage is about to receive a full makeover and re-enter production and service. Late last month, Catalina Aircraft of Florida announced the Next Generation Amphibious Aircraft (NGAA) based on...
Recognised as one of the world’s most prestigious management consulting firms, though no stranger to controversy, McKinsey & Company is quite sanguine about the benefits of artificial intelligence (AI) to the economy. Early adopters of the technology could see productivity gains of up to 25 percent by 2030. Over the...
ChatGPT suffers from artificial hallucination with hints of sociopathy. If stumped, the much-hyped chatbot will brazenly resort to lying and spit out plausible-sounding answers compiled from random falsehoods. Unable to make it, the bot will happily fake it. In May, New York lawyer Steven A Schwartz discovered this the hard...
The current plight of tech giant Huawei is indicative of the troubles large Chinese corporates may experience as they seek to augment their footprint and become global players. The poster boy of China’s technological prowess, Huawei Technologies’ corporate growth mirrored the country’s economic ascendancy: the Shenzhen-based company quintupled its revenue in barely ten years to around $90 billion (2017). Since mid-last year, Huawei churns out more smartphones than Apple. The company is expected to overtake Samsung in the next twelve months, becoming the world’s largest manufacturer of handsets.
It wasn’t meant to be this way. The domain of a mere handful of tech giants, today’s internet is a far cry from the almost anarchic virtual space – a chaotic online universe that encouraged diversity, innovation, and – yes – revolution, or at the very least, the good-humoured subversion...
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