ChatGPT Marries Apple

Apple revealed "Apple Intelligence" at the Worldwide Developers Conference.

"Apple Intelligence" integrates AI across apps like Siri. And brings ChatGPT native to iPhones.

Users can now generate personalized content, such as summaries and animations. Siri will handle more complex tasks like deleting emails and editing pictures.

Apple also announced a new "lock an app" feature, keeping sensitive data secure.

Source: Read More

Ad: Feeling stressed? Wish you had someone to talk to? Unpack it all with Elliot. Learn More

China Rules Over Critical Minerals

China holds a "near monopoly" on several critical minerals needed for technology. Such dominance could be used against US industrial policies.

China produced 68% of rare earth minerals and 70% of graphite in 2022. It processed 100% of the world's graphite, 90% of rare earths, and 74% of cobalt.

The US relies entirely on imports for 12 critical minerals. China is the top source for five of these.

Experts argue the US should explore alternative suppliers (like Canada and Australia), new mining technologies, and strategic stockpiling to mitigate risks.

Source: Read More

Bill Gates Has a Nuclear Reactor?

TerraPower (owned by Bill Gates), started building a nuclear power plant in Wyoming. This new reactor uses sodium for cooling instead of water.

Gates believes this project will revolutionize energy generation.

This next-gen reactor will generate up to 500 megawatts, enough to power 400,000 homes. The US Department of Energy is funding half of the $4 billion project cost.

However, there's concern about the high-assay low-enriched uranium (HALEU) fuel used for these reactors. Critics warn it could be used for nuclear weapons if not managed securely.

Source: Read More

Remote Work: Key Trends

In May, only 26.6% of paid workdays were done from home, compared to 60% during the pandemic peak. This decline has been steady since mid-2022.

In information and technology, 69% of employees work remotely. Similarly, 66% in finance and insurance prefer remote work, averaging 2.2 days per week.

Retail and hospitality have the lowest remote work rates. Only 0.6 to 0.7 days per week are worked from home in these industries.

Older workers tend to work more on-site. About 68% of workers aged 50-64 are fully on-site, compared to 57% of those in their 20s.

The leading areas in remote work are: Greater Los Angeles, Greater Houston, San Francisco Bay Area, and New York metropolitan area.

Source: Read More