China saw significant deflation in January 2023 as consumer prices dropped by 0.8% YoY, the largest in over a decade. This decline outpaced economists’ predictions, suggesting a worsening economic forecast. Producer prices dropped by 2.5%, indicating ongoing factory-level deflation and challenging manufacturing recovery. Policymakers and analysts are now urging for aggressive policies to stimulate demand […]
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IN TODAY’S NEWSLETTER: – AI-generated Marilyn Monroe chatbot raises ethical questions on using dead celebrities’ likeness: experts– Here’s how AI will empower citizens and enhance liberty– European Lawmakers Pass AI Act, World’s First Comprehensive AI Law MARILYN REBORN: Fans yearning to speak with Hollywood icon Marilyn Monroe now have their chance, thanks to artificial intelligence. […]