The Chinese government helped finance a massive expansion of the solar industry, helping to create a glut of solar panels—and leading to rapidly reducing prices for solar. But now it has let the main subsidiary of its most prominent solar panel manufacturer, Suntech Power, go bankrupt.
That could be a good sign for the solar industry and for innovation. We need more companies to fail to reduce oversupply, stop prices from plummeting, and allow companies to start buying more equipment and implementing new technologies that are needed long-term for solar to compete with fossil fuels (see “Why We Need More Solar Companies to Fail”).
We can’t afford to stop solar geoengineering research
It is the wrong time to take this strategy for combating climate change off the table.
A horrifying new AI app swaps women into porn videos with a click
Deepfake researchers have long feared the day this would arrive.
Meet Altos Labs, Silicon Valley’s latest wild bet on living forever
Funders of a deep-pocketed new "rejuvenation" startup are said to include Jeff Bezos and Yuri Milner.
Meta’s new learning algorithm can teach AI to multi-task
The single technique for teaching neural networks multiple skills is a step towards general-purpose AI.
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