- Arvind's Newsletter
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- Arvind's Newsletter
1.Fears about the world banking system spread to Europe on Wednesday as shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders in the wake of bank failures in the United States. However, fears receded on Thursday after the troubled banking giant Credit Suisse said it will borrow up to 50bn francs ($54bn; £44.5bn) from the Swiss central bank to shore up its finances. Markets in the UK and Europe rebounded earlier on Thursday after troubled banking giant Credit Suisse made this announcement.
and the earlier report
2.Some companies think it’s time the aviation industry got a makeover, and many are betting it’ll come in the form of eVTOLs: electric vertical take-off and landing vehicles.
There are hundreds of companies working to bring the small aircrafts that take off and land like a helicopter and fly like a plane to the skies. If they gain regulatory approval, they could change how we think about flight.
But that’s a big “if,” and there are other questions for the industry to answer before these new flying vehicles become a reality. So, how close are today’s eVTOLs to taking off, and is any of this a good idea for the climate? MIT Technology Review’s climate reporter Casey Crownhart has been digging into the truth behind the claims. Read the full story
LinkedIn expands its generative AI assistant to recruitment ads and writing profiles. With its owner Microsoft going all-in on OpenAI, it looks like it’s becoming a more prominent part of the strategy for LinkedIn on the front end — with the latest coming today in the areas of LinkedIn profiles, recruitment and LinkedIn Learning.
The company is today introducing AI-powered writing suggestions, which will initially be offered to people to spruce up their LinkedIn profiles, and to recruiters writing job descriptions. Both are built on advanced GPT models.
Drone deliveries are finally making inroads in USA but Amazon is nowhere to be seen.
5.Science fiction books that predicted the future with terrifying accuracy. Jules Verne wrote about gasoline-powered vehicles, weapons of mass destruction, and global warming more than a century ago.
Science fiction writers have anticipated a variety of modern inventions, from cars to organ transplants. In particular, some decades-old works of dystopian fiction don’t read like fiction anymore. At times, writers were even able to influence the course of history.
