Category: News
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Bill Gates says the AI dream is arriving
Bill Gates acknowledges his excitement for artificial intelligence (AI) but says the arrival of machines will create some unique challenges. At the Code Conference on Wednesday, Gates expressed that he is balancing his fear of “super intelligence” with enthusiasm for the future of AI. Gates is definitely catching up with the development of AI saying, “The dream is finally…
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Australia’s GDP exceeds expectations
Australia has experienced unexpectedly high growth in its Gross Domestic Product in the first quarter. The GDP rose 1.1% in the March quarter, elevating the annual rate to 3.1% overall. This is much higher than the 0.8% quarterly and 2.8% annual growth that had been projected by economists. The Australian Bureau of Statistics says the…
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Turnbull chased around Westfield by a cardboard cutout of Abbott
Ah, the Chaser’s. It feels like we haven’t heard from them in a while, but they popped up again, this time to follow our new Prime Minister around Penrith Westfield, armed with a cardboard cutout of our old Prime Minister. https://www.youtube.com/watch?v=ACx7Dtbcu-Q Later, Chas met Malcolm outside and surprised him with a trust fall, which…
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Worst decade of Australian income growth
Australia needs to lift its productivity otherwise we may be about to experience the worst decade of national income growth in almost 50 years. Potential growth has fallen to 2.5% from 3.25%. NAB Group economists James Glenn and Riki Polygenis revealed this and say it is “below recent estimates from the Treasury and the RBA” of…
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Baby formula is the new front in supermarket price war
Supermarket giant Woolworths has drastically reduced prices on a range of baby products to keep its edge in the price war with Coles. Certain brands of baby wipes, nappies, creams and powders will be discounted as well as the sought after Karicare formula. Woolworths say the move will save the average family $320 annually. The…
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C9 comes to Bankstown
The end of summer and the chilly whisperings of winter don’t have to end your love affair with gelato and chocolate, thanks to the dedicated dessert connoisseurs at C9 Chocolate & Gelato. Yes, this is a reason to get excited! Introducing C9 Chocolate & Gelato to Bankstown, opening its doors in Bankstown’s newest shopping and…
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Snapchat’s new algorithm
According to Digiday Snapchat is developing an algorithm that will determine the ranking of new content from publishers and brands in user feeds. Currently Snapchat users see messages in chronological order but a new algorithm could see curated content from publishers and especially brands. A top publishing source close to Snapchat said, “It’s going to be the same…
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EgyptAir flight MS804 still missing
EgyptAir came out with a statement saying the wreckage from missing flight MS804 had been found near Greece’s Karpathos Island but have now retracted it. EgyptAir vice-chairman Ahmed Adel told CNN, “We stand corrected on finding the wreckage because what we identified is not a part of our plane. So the search and rescue is still going…