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chancellor of the exchequerjeremy hunt has described his autumn budget statement. 27 million workers will see their main national insurance contributions cut from 12% to 10% from january. and a tax break for companies that invest in new equipment will be made permanent, which mr hunt claims is the biggest business tax cut in modern history . also announced the news that from april, universal credit and disability benefits will go up by 6.7 percent. but those on welfare will have to take a work placement within 18 months or risk losing their benefits. the state pension will go up by 8.5% to 221 pounds 20 a week. the minimum wage for those aged 21 and older will go up to 11 pounds 44 an hour. pouring some cold water on all this however, a report out from the uk s independent spending watchdog, the office for budget responsibility. it warns that despite the new cuts, overall tax as a percentage of national income will soon be the highest since the second world war. here s ....
ceo has pleaded guilty to charges of violating anti money laundering rules and agreed to pay a 50 billion dollarfine. $50 million fine. merrick garland called it one of the biggest penalties ever obtained. the data comes and it doesn t include bitcoin. first coin also took a hit in value. a year long investigation into binance but the company continues operating. binance will also have a government appointed monitor and the company is required to ensure it is in compliance with us laws and the exchange is still the world s largest, holding more than $65 billion of assets. the gas and oil industry needs to cut emissions by 60 percent by 2030 to keep global warming to an increase ofjust 1.5 centigrades. that s the conclusion of a report from the global energy watchdog, the international energy agency. the report was released before the united nations climate summit, or cop28, which begins in dubai next week. joining me now is tim gould chief energy economist from the ....
the news and the story unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, ....
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unfolds every minute, and it does make a big impact, because chatgpt is now currently the leading product in the large language models and asia, especially china, is catching up and they are very concerned and keeping updated on the matter. how vociferous is the debate between the so called doomers and the people trying to commercialise artificial intelligence here in the region? i think it is somewhere in the middle. people are more optimistic in china about how the large language models and ai technology will bring to the daily lives and make our life more convenient and more productive, but yes, there are some ethical debates and concerns regarding the openai and how the chatgpt or the gpt s in training, how powerful it is, that it could bring a potential danger to humanity. are policymakers, governments, are they working to regulate fast enough here in asia? yes, i would think so. the governments are actively involved, and also the academia, the universities are a ....