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Three questions AI needs to answer
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If 2024 was the year of experimentation with generative AI, then last year was one of implementation. Hundreds of thousands of businesses, as well as many hundreds of millions of individual users, applied the technology…
What was the 1970s oil crisis, and are we heading for something worse?
Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis CIB, said while 1970s oil shocks sent prices sky high, they only cut global supply by 5-7%. In contrast, the current crisis affects 20% of the world’s supplies, “dwarfing the 1970s shock”, she said.
Royal Mail staff tell BBC letters sit undelivered as firm prioritises parcels
Right now, Bob said: “Every day there’s mail left behind, one, maybe two, maybe three rounds which are not covered… The tracked recorded parcels are done every day, because they make a difference to the stats for the office, but anything that’s not tracked every day there’ll be mail that’s not going out.”
