Strategy Boffins

Diversifying Supply Chains: Foxconn’s Intensified Push into India Amid Global Shifts

Strategy Journal
  • Saudi Arabia and the UAE are acquiring Nvidia chips for AI development, aiming to lead in the field and bolster their economies. Concerns arise about potential misuse due to autocratic leadership. Saudi Arabia has bought 3,000 H100 chips, while the UAE developed its own model named Falcon. The race for AI chips extends to China and the US, but ethical implications arise over potential lack of safeguards.
  • Airlines are collaborating with farmers to promote corn-based biofuels as sustainable aviation fuel to reduce emissions in the US
    • Tax credits for aviation fuel: $1.25 to $1.75 per gallon
    • Estimated annual global need for sustainable fuel by 2050: 450 billion liters
    • Sustainable fuel produced by refiners in the previous year: about 300 million liters
    • Cost of sustainable aviation fuel: $7.98 per gallon
    • Cost of standard petroleum-based jet fuel (Jet A): lower than $7.98 per gallon
    • Cost of ethanol: $2.18 per gallon
  • Foxconn, the world’s largest contract electronics manufacturer, is intensifying its push into India due to multinationals’ interest in diversifying their supply chains away from China.
    • Number of years Foxconn first invested in India: 15 years
    • Number of Foxconn’s global workforce: 1 million
    • Number of Foxconn employees in India: about 50,000
    • Percentage of Foxconn’s global operations in China: 75%
    • India’s share of Foxconn’s 2022 revenue: $10 billion (4.6%)
    • Percentage of Foxconn’s 2021 revenue from India: 2%
    • Number of Foxconn campuses in India: 9

The Rise of Facial Recognition Technology and the Threat to Our Privacy

Idea Almanac

In Your Face Belongs to Us, Kashmir Hill exposes the dark side of facial recognition technology. She tells the story of Clearview AI, a secretive startup that has amassed a massive database of facial images scraped from the internet.

Here are some of the key takeaways from the book:

  • Facial recognition technology is becoming increasingly powerful and pervasive.
  • Clearview AI has amassed a massive database of facial images scraped from the internet.
  • Clearview AI’s technology can identify anyone in a matter of seconds.
  • Clearview AI’s technology has been used by law enforcement, businesses, and even individuals to track people’s movements and activities.
  • Clearview AI poses a serious threat to our privacy and our democracy.

“Clearview AI is the future of facial recognition, and it’s a future that we should be very afraid of.” – Kashmir Hill

Artificial Intelligence and the transformer code

Artificial Intelligence (AI)

Generative AI like ChatGPT and Bard grew after the Transformer code was written and published. It doesn’t work well with outliers

Artificial Intelligence is just pattern recognition

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