World leaders gathered in Munich on Friday to discuss the future of European security, while in Singapore, the Prime Minister highlighted the importance of artificial intelligence for the country's economic future. Meanwhile, former President Donald Trump commented on potential regime change in Iran, and a new study suggested caffeine may slow brain aging.
The Munich Security Conference, described as a "Davos for defense," brought together presidents, prime ministers, diplomats, and spies to address critical issues facing Europe, according to NPR. The conference provided a platform for discussions on the continent's security landscape.
In Singapore, Prime Minister Lawrence Wong name-dropped DBS and Grab, two of the country's largest companies, during his budget address on February 12th, citing them as role models in embracing artificial intelligence (AI). Wong announced the establishment of a new AI council, which he will lead, to oversee the development and execution of national AI missions in key areas such as advanced manufacturing, connectivity, finance, and healthcare, as reported by Fortune. Wong stated that "Harnessed well, AI will be a strategic advantage for Singapore," and could help overcome structural constraints like limited natural resources, an aging population, and a tight labor market.
Also on Friday, former President Donald Trump suggested that a change in power in Iran would be "the best thing that could happen," as the U.S. administration weighed potential military action against Tehran, according to Fortune. Trump confirmed the deployment of a second aircraft carrier group to the Mideast and suggested that his top priority was for Iran to further scale back its nuclear program.
In other news, a study published on February 13th suggested that moderate caffeine intake might reduce the risk of dementia, according to Nature News. The study, which analyzed data from 130,000 people, indicated a link between coffee consumption and slower brain aging.
Fifteen years after venture capitalist Marc Andreessen's prediction that "software is eating the world," the prophecy has been fulfilled in a manner that even the biggest bulls failed to predict, according to Fortune. Software did indeed eat retail (Amazon), video (Netflix), music (Spotify), and telecommunications (Skype), but the market got a $1 trillion shock in February.
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