A tenured USC professor is arguing that universities need to fundamentally rethink their value proposition as AI rapidly closes the gap on human instruction and a loneliness epidemic grips the generation most likely to be sitting in their lecture halls. Eric Anicich, an associate professor at USC's Marshall School of Business, wrote in the Los Angeles Times that nearly three-quarters of 16- to 24-year-olds now report feeling lonely, young adults spend 70% less time with friends in person compared to two decades ago, and a growing majority of Gen Z college graduates say their degree was a "waste of money."

Anicich points to a recent Harvard study finding that students using an AI tutor learned more than twice as much as those in traditional active-learning classes, and did so in less time. The implication is stark: if instruction becomes abundant and cheap, colleges must sell what remains scarce -- genuine human community. He notes that his doctoral training included zero coursework on teaching, a norm he says persists across academia. His proposal: fund student life as seriously as research labs, hire professional "experience designers," and treat rituals and collaborative projects as core curriculum rather than amenities.

An anonymous reader shared this report from Sky News: A new wind record has been set for Britain, with enough electricity generated from turbines to power 22 million homes, the system operator has said.

The mark of 22,711 megawatts (MW) was set at 7.30pm on 11 November... enough to keep around three-quarters of British homes powered, the National Energy System Operator (Neso) said. The country had experienced windy conditions, particularly in the north of England and Scotland...

Neso has predicted that Britain could hit another milestone in the months ahead by running the electricity grid for a period entirely with zero carbon power, renewables and nuclear... Neso said wind power is now the largest source of electricity generation for the UK, and the government wants to generate almost all of the UK's electricity from low-carbon sources by 2030.
"Wind accounted for 55.7 per cent of Britain's electricity mix at the time..." reports The Times: Gas provided only 12.5 per cent of the mix, with 11.3 per cent coming from imports over subsea power cables, 8 per cent from nuclear reactors, 8 per cent from biomass plants, 1.4 per cent from hydroelectric plants and 1.1 per cent from storage.

Britain has about 32 gigawatts of wind farms installed, approximately half of that onshore and half offshore, according to the Wind Energy Database from the wind industry body Renewable UK. That includes five of the world's biggest offshore wind farms. The government is seeking to double onshore wind and quadruple offshore wind power by 2030 as part of its plan for clean energy....

Jane Cooper, deputy chief executive of Renewable UK, said: "On a cold, dark November evening, wind was generating enough electricity to power 80 per cent of British homes when we needed it most.

An anonymous reader shared this report from Electrek: Solar and wind are growing fast enough to meet all new electricity demand worldwide for the first three quarters of 2025, according to new data from energy think tank Ember.

The group now expects fossil power to stay flat for the full year, marking the first time since the pandemic that fossil generation won't increase. Solar and wind aren't just expanding; they're outpacing global electricity demand itself. Solar generation jumped 498 TWh (+31%) compared to the same period last year, already topping all the solar power produced in 2024. Wind added another 137 TWh (+7.6%). Together, they supplied 635 TWh of new clean electricity, beating out the 603 TWh rise in global demand (+2.7%). That lifted solar and wind to 17.6% of global electricity in the first three quarters of the year, up from 15.2% year-over-year. That brought the total share of renewables in global electricity -solar, wind, hydro, bioenergy, and geothermal — to 43%. Fossil fuels slid to 57.1%, down from 58.7%.

For the first time in 2025, renewables collectively generated more electricity than coal. And fossil generation as a whole has stalled. Fossil output slipped slightly by 0.1% (-17 TWh) through the end of Q3. Ember expects no fossil-fuel growth for the full year, driven by clean power growth outpacing demand.

Verizon is planning to cut roughly 15,000 jobs, looking to reduce costs as it contends with increased competition for wireless service and home internet, according to WSJ, which cites people familiar with the matter. From the report: The cuts, the largest ever for the carrier, are set to take place in the next week, the people said. The majority of the reduction is expected to be made through layoffs. Verizon also plans to transition about 200 stores into franchised operations, which will shift employees off its payroll.

Verizon, the largest U.S. telecommunications provider by subscriber base, faces a fierce battle for both wireless and home internet customers. It has lost crucial postpaid phone subscribers for three consecutive quarters. Last month, Verizon named its lead independent director Daniel Schulman as its new chief executive officer. Schulman, a former CEO of PayPal and Virgin Mobile USA, has said he would aggressively reduce the company's entire cost base and take steps to reverse the customer losses.

A new survey of over 300 US and UK gaming executives found that 72% view Steam as a monopoly. "Furthermore, 88% said that at least three-quarters of their revenue came from Steam, while 37% reported that the platform accounted for 90% of their total revenue," adds Techspot. From the report: Atomik Research conducted the recent survey on behalf of Rokky, a company that helps game publishers minimize the impact of grey market key resellers on prices. In addition to opinions on Steam, developers also answered questions about the PC market's biggest challenges.

The increasing popularity of free-to-play games such as Fortnite, DOTA 2, Counter-Strike 2, Call of Duty: Warzone, and Roblox topped the list of concerns for 40% of respondents. Approximately a third mentioned market saturation and discoverability, echoing data that suggests there aren't enough players for the thousands of new titles released on Steam each year. A similar portion of survey respondents also expressed concerns regarding subscription services.

Nvidia became the world's first $5 trillion company on Wednesday after its stock climbed 5% in early Wall Street trading to push its market capitalization to $5.13 trillion. The Silicon Valley chipmaker reached the milestone three months after hitting $4 trillion and three years after it was valued at roughly $400 billion before the debut of ChatGPT.

Nvidia chief executive Jensen Huang said Tuesday that Nvidia had secured half a trillion dollars in orders for its AI chips over the next five quarters. The stock had already gained 5% on Tuesday and added more than $200 billion to its market value. President Donald Trump said Wednesday he planned to discuss Nvidia's Blackwell chip with China's President Xi Jinping when the two leaders meet later this week. Nvidia's latest generation of graphics processing units is not currently available in China because of US export controls. The company's shares have risen more than 85% in the past six months.

A Court of Accounts report written before Sunday's theft of crown jewels from the Louvre revealed the museum's security systems were outdated and inadequate [non-paywalled source]. The report noted a lack of basic CCTV equipment across multiple wings. Cameras had mainly been installed only when rooms were refurbished due to repeated postponements of scheduled modernization. In the Denon wing where the Apollo Gallery was targeted, a third of rooms had no CCTV cameras. Three-quarters of rooms in the Richelieu wing and nearly two-thirds in the Sully wing lacked cameras.

The thieves were caught on camera at one point but were masked and impossible to identify, according to Paris public prosecutor Laure Beccuau. The alarm system activated when thieves cut open display cases, but they threatened staff who left the area. Culture minister Rachida Dati confirmed new CCTV cameras would be installed. President Macron had earmarked $186.30 million to upgrade the Louvre's security systems under a renaissance plan launched in June.

A new HSBC survey shows that over half of wealthy entrepreneurs are considering moving abroad, not for tax reasons but for business expansion, investment access, and lifestyle improvements. Singapore tops the list of preferred destinations, followed by the UK, Japan, and Switzerland -- while the U.S. has slipped to fifth place. CNBC reports: The bank polled 2,939 business owners with at least $2 million in investible assets or a total net worth of $20 million during April and May of this year. A whopping 57% reported they were considering adding a new residence over the next 12 months, up from 55% in last year's survey. Wanderlust is greater among Gen Z entrepreneurs, with just over three-quarters in that cohort reporting they were considering a move.

When asked about their reasons for moving to a new country, only a third of all respondents cited tax efficiency as a motivator. Tax savings ranked eighth overall behind other factors such as improved security and safety (47%) and better education opportunities (52%). Respondents to the survey could select multiple options. The most popular motives at 67% each were to expand their business to new markets or to gain access to new investment opportunities. The desire for a better quality of life came in a close third at 63%. Taxes, the report said, "create acres of news coverage, but among the majority of our entrepreneurs, this does not appear to be the deciding factor about where to live."

An anonymous reader shares a report: Poland's critical infrastructure has been subject to a growing number of cyberattacks by Russia, whose military intelligence, has trebled its resources for such action against Poland this year, the country's digital affairs minister told Reuters. Of the 170,000 cyber incidents that have been identified in the first three quarters of this year, a significant portion has been attributed to Russian actors, while other cases are financially motivated, involving theft or other forms of cybercrime, Krzysztof Gawkowski said.

He said Poland is a subject to between 2,000 and 4,000 incidents a day and that 700 to 1,000 are "taken up by us, meaning they posed a real threat or had the potential to cause serious problems," he said. Foreign adversaries are now expanding their focus beyond water and sewage systems to the energy sector, he said.

The Washington Post notes AI's "increasingly outsize role" in propping up America's economic fortunes.

"Last week, the United States reported that the economy expanded at a rate of 1.6 percent in the first half of the year, with most of that growth driven by AI spending. Without AI investment, growth would have been at about a third of that rate, according to data from the Bureau of Economic Analysis." The huge economic influence of AI spending illustrates how Silicon Valley is placing a bet of unprecedented scale that the technology will revolutionize every aspect of life and work. Its sway suggests there will be economic damage far beyond Silicon Valley if that bet doesn't work out or companies pull back. Google, Meta, Microsoft and Amazon are on track to spend nearly $400 billion this year on data centers...

Concern about a potential bubble in AI investment has recently grown in technology and financial circles. ChatGPT and other AI tools are hugely popular with companies and consumers, and hundreds of billions of dollars has been sunk into AI ventures over the past three years. But few of the new initiatives are profitable, and huge profits will be needed for the immense investments to pay off... "I'm getting more and more skeptical and more and more concerned with what's happening" with artificial intelligence, said Andrew Odlyzko, an economic historian and University of Minnesota emeritus professor who has studied financial bubbles closely, including the telecom bubble that collapsed in 2001 as part of the dot-com crash. Some industry insiders have expressed concern that the latest AI releases have fallen short of expectations, suggesting the technology may not advance enough to pay back the huge investments being made, he said. "AI is a craze," Odlyzko said...

[The Federal Reserve's August "beige book" summarizes interviews with business owners across the country, according to the article — and it found surging investments in AI data centers, which could tie their fortunes to other sectors.] That's boosting demand for electricity and trucking in the Atlanta region, a hot spot for the facilities, and creating new projects for commercial real estate developers in the Philadelphia region. Because tech companies now dominate public markets, any change in their fortunes and share prices can also have a powerful influence on stock indexes, 401(k)s and the wider economy... Stock market slumps can have knock-on effects by undercutting the confidence of American businesses and consumers, leading them to spend less, said Gregory Daco [chief economist at strategy consulting firm EY-Parthenon]... "That directly affects economic activity," he said, potentially widening the economic fallout...

Goldman Sachs analysts wrote in a Sept. 4 note to clients that even if AI investment works out for companies like Google, there will be an "inevitable slowdown" in data center construction. That will cut revenue to companies providing the projects with chips and electricity, the note said. In a more extreme scenario where Big Tech pulls back spending to 2022 levels, the entire S&P 500 would lose 30 percent of the revenue growth Wall Street currently expects next year, the analysts wrote.
The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, according to estimates in a recent note from independent research firm the MacroStrategy Partnership (as reported by MarketWatch).

And "never before has so much money been spent so rapidly on a technology that, for all its potential, remains somewhat unproven as a profit-making business model," writes Bloomberg, adding that OpenAI and other large tech companies are "relying increasingly on debt to support their unprecedented spending." (Although Bloomberg also notes that ChatGPT alone has roughly 700 million weekly users, and that last month Anthropic reported roughly three quarters of companies are using Claude to automate work.)

alternative_right writes: Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a theater, according to a new poll.

About three-quarters of U.S. adults said they watched a new movie on streaming instead of in the theater at least once in the past year, according to the survey from The Associated Press-NORC Center for Public Affairs Research, including about 3 in 10 who watched new movies on streaming at least once a month.

Meanwhile, about two-thirds of Americans said that they've watched a recently released movie in a theater in the past year, and only 16% said they went at least once a month. The results suggest that, on the whole, American moviegoers are more likely to stream a film than see it in the theaters, a shifting tide that was only accelerated during the COVID-19 pandemic and its aftermath.

Businesses are overwhelmingly relying on Anthropic's AI software to automate rather than collaborate on work, according to a new report from the OpenAI rival, adding to the risk that AI will upend livelihoods. From a report: More than three quarters (77%) of companies' usage of Anthropic's Claude AI software involved automation patterns, often including "full task delegation," according to a research report the startup released on Monday. The finding was based on an analysis of traffic from Anthropic's application programming interface, which is used by developers and businesses.

[...] On the whole, Anthropic found businesses primarily use Claude for administrative tasks and coding, the latter of which has been a key focus for the company and much of the AI industry. Anthropic, OpenAI and other AI developers have released more sophisticated AI tools that can write and debug code on a user's behalf.

America is becoming a nation of economic pessimists. WSJ reports: A new Wall Street Journal-NORC poll [PDF] finds that the share of people who say they have a good chance of improving their standard of living fell to 25%, a record low in surveys dating to 1987. More than three-quarters said they lack confidence that life for the next generation will be better than their own, the poll found.

Nearly 70% of people said they believe the American dream -- that if you work hard, you will get ahead -- no longer holds true or never did, the highest level in nearly 15 years of surveys. Republicans in the survey were less pessimistic than Democrats, reflecting the longstanding trend that the party holding the White House has a rosier view of the economy. An index that combined six poll questions found that 55% of Republicans, as well as 90% of Democrats, held a negative view of prospects for themselves and their children.

The discontent reaches across demographic lines. By large majorities, both women and men held a pessimistic view in the combined questions. So did both younger and older adults, those with and without a college degree and respondents with more than $100,000 in household income, as well as those with less.

An anonymous reader quotes a report from The Register: A German court has told Apple to stop advertising its Watches as being carbon-neutral, ruling that this was misleading and could not fly under the country's competition law. Apple has been marketing its newest smartwatches as being carbon-neutral for nearly two years now, with an array of rationales. It claims that clean energy for manufacturing, along with greener materials and shipping, lop around three-quarters off the carbon emissions for each model of the Apple Watch. The remaining emissions are offset by the purchase of carbon credits, according to Apple.

Deutsche Umwelthilfe (well, DUH – that's the acronym), a prominent environmental group, begged to differ on that last point. It applied for an injunction in May and Tuesday's ruling (in German), which will only be published in full later this week, led it to claim victory. The ruling means Apple can't advertise the Watch as a "CO2-neutral product" in Germany. [...] The ruling revolved around the Paraguayan forestry program that Apple claimed was offsetting some of the Watch's production emissions. The project involves commercial eucalyptus plantations on leased land, where the leases for three-quarters of the land will run out in 2029 with no guarantee of renewal.

According to the court, consumers' expectations of carbon compensation schemes are shaped by the prominent 2015 Paris Agreement, which commits countries to achieving carbon neutrality by the second half of this century. It said consumers would therefore "assume" that the carbon-neutrality claims around the Apple Watch would mean neutrality was assured through 2050. That leaves a 21-year gap of uncertainty in this case. The Verified Carbon Standard program, in which Apple is participating, has a "pooled buffer account" scheme to hedge against this sort of uncertainty. However, the German court was not impressed, saying it would only allow Apple to monitor the situation after the leases run out, which is a far cry from definitely being able to keep offsetting those emissions if the plantation gets cleared.

The U.S. government's 10% stake in Intel "is a mistake," writes the Washington Post's editorial board, calling Intel "an aging also-ran in critical markets" that "has spent recent years stumbling on execution and missing one strategic opportunity after another."

But TechCrunch points out that the U.S. government "does not appear to be committing new funds. Instead, it's simply making good on what Intel described as 'grants previously awarded, but not yet paid, to Intel.'" Specifically, the $8.9 billion is supposed to come from $5.7 billion awarded-but-not-paid to Intel under the Biden administration's CHIPS Act, as well as $3.2 billion also awarded by the Biden administration through the Secure Enclave program. In a post on his social network Truth Social, Trump wrote, "The United States paid nothing for these shares..." Trump has been critical of the CHIPS Act, calling it a "horrible, horrible thing" and calling on House Speaker Mike Johnson to "get rid" of it...

According to The New York Times, some bankers and lawyers believe the CHIPS Act may not allow the government to convert its grants to equity, opening this deal to potential legal challenges.
Reuters writes that the money "will not be enough for its contract-chipmaking business to flourish, analysts said. Intel still needs external customers for its cutting-edge 14A manufacturing process to go to production, says Summit Insights analyst Kinngai Chan, "to make its foundry arm economically viable." "We don't think any government investment will change the fate of its foundry arm if they cannot secure enough customers..."

Reuters has reported that Intel's current 18A process — less advanced than 14A — is facing problems with yield, the measure of how many chips printed are good enough to make available to customers. Large chip factories including TSMC swallow the cost of poor yields during the first iterations of the process when working with customers like Apple. For Intel, which reported net losses for six straight quarters, that's hard to do and still turn a profit. "If the yield is bad then new customers won't use Intel Foundry, so it really won't fix the technical aspect of the company," said Ryuta Makino, analyst at Gabelli Funds, which holds Intel stock.

Makino, who believes that Intel can ultimately produce chips at optimal yields, views the deal as a net negative for Intel compared with just receiving the funding under the CHIPS Act as originally promised under the Biden Administration. "This isn't free money," he said. The federal government will not take a seat on Intel's board and has agreed to vote with the company's board on matters that need shareholder approval, Intel said. But this voting agreement comes with "limited exceptions" and the government is getting Intel's shares at a 17.5% discount to their closing price on Friday. The stake will make the U.S. government Intel's biggest shareholder, though neither Trump nor Intel disclosed when the transaction would happen...

Some analysts say Intel could benefit from the government's support, including in building out factories. Intel has said it is investing more than $100 billion to expand its U.S. factories and expects to begin high-volume chip production later this year at its Arizona plant. "To have access to capital and a new partial owner that wants to see you succeed are both important," said Peter Tuz, president of Chase Investment Counsel.

Global fertility rates have fallen from five children per woman in the mid-twentieth century to 2.2 today, with approximately half of countries now below the 2.1 replacement threshold, according to data from the Institute for Health Metrics and Evaluation at the University of Washington.

Mexico's rate dropped from seven children in 1970 to 1.6 in 2023. South Korea recorded 0.75 in 2024, down from 4.5 in 1970. The IHME projects over three-quarters of countries will fall below replacement level by 2050. A UN survey of 14,000 people across 14 countries found 39% cited financial limitations as a primary reason for not having children. China's population peaked around 2022 at 1.4 billion, while the U.S. Census Bureau predicts America's population will peak in 2080 at 370 million.

BrianFagioli writes: Lenovo is starting its fiscal year with a major win, delivering record-breaking PC sales and claiming dominance in the AI PC space. For the first quarter of its 2025/26 fiscal year, the company reported $18.8 billion in revenue, which is 22 percent higher than the same period last year. Profit came in at $505 million, more than double the figure from a year ago.

The standout performer was Lenovo's PC and smart devices division. It posted its fastest growth in 15 quarters and secured a record 24.6 percent global market share. More than 30 percent of Lenovo's PCs shipped in the quarter were AI PCs, giving it the top position in the Windows AI PC segment with a 31 percent market share. This leadership is an important talking point for Lenovo as it continues to market AI features as a key reason for buyers to upgrade.

Companies are canceling clean hydrogen projects across the United States after Congress shortened the qualification window for a Biden-era tax credit by five years, requiring projects to be under construction by the end of 2027.

Energy consulting firm Wood Mackenzie estimates three-quarters of proposals will not meet this deadline. Woodside Energy and Fortescue have scrapped projects in Oklahoma and Arizona respectively, citing cost increases and policy uncertainty. According to McKinsey, fewer than 15% of low-emission hydrogen projects announced in the United States since 2015 have reached final investment decision stage.

Apple reported its strongest quarterly revenue growth since 2021, with iPhone sales jumping 13% and total revenue up 10%. CEO Tim Cook also announced increased AI investments and hinted at future acquisitions to accelerate Apple's AI roadmap. CNBC reports: "It was an exceptional quarter by any measure," Apple CEO Tim Cook told CNBC's Steve Kovach. Cook said that about 1% of the company's 10 percentage points of revenue growth could be attributed to customers buying more products to get ahead of potential tariffs. The company's most important business remains the iPhone, which saw 13% growth on an annual basis during the quarter to $44.58 billion in sales. Cook said that iPhone revenue was strong because the iPhone 16 is more popular compared to the iPhone 15 devices on sale last year at the same time. Cook said iPhone 16 sales were up "strong double digits" versus its predecessor. Cook specifically highlighted popularity among current iPhone users upgrading to a new one.

Apple's Mac business grew the fastest of any of Apple's units during the June quarter, growing nearly 15% to $8.05 billion in revenue. Apple released updated MacBook Air laptops, its best-selling Mac, just before the quarter started. The company's services business, which includes the company's warranties, content subscriptions, licensing deals with Google, and iCloud continued to grow to $27.42 billion in the period, a 13% increase. Cook highlighted growth in the company's iCloud subscriptions and said App Store revenue grew "double digits" during the quarter.

The two tougher spots in Apple's report were iPad sales and the company's other products division, which it sometimes calls its wearables. It consists of Apple Watch, AirPods, and other accessories. Revenue for iPad was down 8% to $6.58 billion, despite the company launching a low-cost iPad in March. Apple's wearables unit declined 8.64% to $7.4 billion during the quarter. Apple also saw success in China during the quarter, with sales rising 4% on an annual basis to $15.37 billion. Apple reports its sales from China, Hong Kong and Taiwan in the same unit. It's a reversal from the past two quarters, where Apple's China sales declined 2% in Apple's second fiscal quarter and 11% in the first quarter. Cook said a Chinese subsidy for some devices helped Apple in the region. "The subsidy does apply to some of our products, and it clearly helps," Cook said.

An anonymous reader quotes a report from Reuters: Australia said on Wednesday it will add YouTube to sites covered by its world-first ban on social media for teenagers, reversing an earlier decision to exempt the Alphabet-owned video-sharing site and potentially setting up a legal challenge. The decision came after the internet regulator urged the government last month to overturn the YouTube carve-out, citing a survey that found 37% of minors reported harmful content on the site, the worst showing for a social media platform.

"I'm calling time on it," Prime Minister Anthony Albanese said in a statement highlighting that Australian children were being negatively affected by online platforms, and reminding social media of their social responsibility. "I want Australian parents to know that we have their backs." The decision broadens the ban set to take effect in December. YouTube says it is used by nearly three-quarters of Australians aged 13 to 15, and should not be classified as social media because its main activity is hosting videos. "Our position remains clear: YouTube is a video sharing platform with a library of free, high-quality content, increasingly viewed on TV screens. It's not social media," a YouTube spokesperson said by email.