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Recent Editions
Risk Channel
North America
Apple is reportedly in talks to source memory chips from Chinese semiconductor manufacturers ChangXin Memory Technologies and Yangtze Memory Technologies for devices sold in China, as it seeks to ease the impact of a global memory shortage that has driven up component costs and forced price increases across its product range. The discussions are said to be ongoing and no agreement has been reached. Both companies are on a Pentagon blacklist of entities alleged to support China's military, raising the prospect of political opposition in Washington despite there being no formal requirement for Apple to obtain approval. According to the report, chief executive Tim Cook has appealed to Trump administration officials in an effort to mitigate any political fallout. Apple currently sources memory chips from Samsung Electronics, SK Hynix, and Micron Technology, all of which are struggling to meet surging demand.
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Risk Channel
UK/Europe
A preliminary report from the UN's Independent International Scientific Panel on Artificial Intelligence, which has been described as the first global independent assessment of AI's risks and opportunities, has said developments in the technology are outpacing scientific understanding and government policy, and there are no guarantees that it will not cause catastrophic harm. "AI capabilities are outpacing both scientific understanding and governments’ ability to adapt," said Yoshua Bengio, co-chair of the panel. "With growing evidence of deceptive AI behaviour, science currently cannot guarantee that as capabilities continue to increase, AI will not cause catastrophic harm, either on its own or due to malicious users." AI's task complexity is doubling every four to seven months, potentially allowing systems to complete work that takes humans days or weeks, the report notes.
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