The European Commission is going to adopt today a regulatory framework that limits the use of artificial intelligence on the EU territory. It is assumed that the use of AI for indiscriminate surveillance of natural persons should be banned, or, as the bill says, “AI systems used for general purpose social scoring” should be prohibited.

The initiative of the European Commission is assessed by analysts as a counterweight to the Chinese system of the so-called social credit scoring, which actively uses AI. This system allows the ministries of China to exchange information about the social credit score of each resident…

The first year quarter is traditionally a quiet period for initial public offerings (IPOs), but optimistic expectations in the market this year have made adjustments to the established practice. Most of those who went public in the first quarter on the world’s leading exchanges were tech firms. According to analysts, this was the busiest quarter for listings in the past 20 years.

The trend is expected to continue in the coming months. This can be confirmed, for example, by the recent debut of the Coinbase crypto exchange on Nasdaq, which was valued at the start at $85.7bn.

At the same…

“Pioneers, defiant returnees and defenders, they made deserts bloom, revived the Hebrew language, built villages and towns and created a thriving community controlling its own economy and culture, loving peace but knowing how to defend itself, bringing the blessings of progress to all the country’s inhabitants, and aspiring towards independent nationhood,” reads the Declaration of the Establishment of the State of Israel, which today turns 73 years old.

Among the pioneers referred to in the Declaration, there were also many Jews who came from the territory of current Ukraine. …

Stock indexes and analysts say that the stock market is overheated and a period of increased volatility may begin in the near future.

This is indicated, in particular, by the amount of funds recently invested in shares. In the past five months alone, investors have spent more than half a trillion dollars on stocks — more than in the last 12 years combined.

As a result, most of the traditional market indexes flashed yellow at the start of the second year quarter, which has not been seen in over 100 years. The recent $40 million bet in the US options…

Although the IMF has adjusted its January forecast for the global economic recovery upwards, the fund’s specialists at the same time note that the announced figures are the average value globally, and the stratification between countries and within them during the pandemic has increased even more.

According to the updated forecast, in 2021 the global economy will show growth by 6%, although at the beginning of the year 5.5% was predicted. In 2022, according to the IMF estimates, growth will slow down and amount to 4.4%, 0.2% more than was estimated in January.

According to the IMF, the recovery of…

Following the debut of 17-year-old Isaac Stern in New York Town Hall in 1937, one of the music critics wrote: “From the distant sunny land of violin prodigies and movie stars, another violinist has arrived.”

Although the musical technique of the young talent was not immediately understood by critics, everyone appreciated his unconditional originality, which later made Stern one of the most outstanding violinists. He was called one of the best interpreters of Beethoven and Schumann, Mozart and Brahms, but Stern considered his main achievement to be the salvation of New York City’s Carnegie Hall.

In the mid-1950s, when…

He appears under two names in the history of contemporary Israel. The Declaration of Independence bears the signature of a man named Moshe Chertok, and immediately after the declaration of independence, he became Israel’s first foreign minister, Moshe Sharett. As Sharett, he is also known as Israel’s second prime minister.

Translated from Hebrew Sharett means “His Servant, a man doing his duty,” and this new name was quite consistent with his role in the emergence of the state of Israel.

Six days before the declaration of independence, Moshe Chertok had an unpleasant conversation in the United States with the…

According to Research and Markets estimates, the space industry is one of the most actively developing in the market today. Its volume is growing annually by about 5.6%, and it will already exceed $558bn by 2026.

The most active growth is observed in the development and production of nanosatellites and reusable launch vehicles.

At the same time, Elon Musk believes that Europe is noticeably lagging behind in this race, not paying attention to reusable ships, continuing to finance programs for one-time launches. This approach, he believes, is similar to the construction of cloth biplanes in the age of jets.

Meanwhile…

The most expensive piece of digital art today is considered a collage by Mike Winkelmann, who is known professionally as Beeple. His work has been recently sold at Christie’s for nearly $70 million and is a reflection of the growing NFT trend.

Twitter founder Jack Dorsey’s first tweet, which sold for $2.9 million, also belongs to NFT. As well as the most recent sale of the digital Mars House from Krista Kim, acquired by a Toronto entrepreneur for $500,000.

In addition to the fact that all these auction lots are united by the digital nature of their creation, the way…

The master of sleight of hand tricks and other magic Harry Houdini strongly opposed the charlatanism of spiritualists in séances, which were very popular at the turn of the 19th and 20th centuries. To get to their séances, he, being already a world famous illusionist, had to disguise himself in order to expose the scammers.

A huge number of tricks performed by Houdini had been invented personally by him, and he was convinced that magic did not exist, and all tricks were based only on the sleight of hand and practice, plus excellent physical shape. …

Boris Lozhkin

President of the Jewish Confederation of Ukraine and Vice-President of the World Jewish Congress. https://borislozhkin.org/

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