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China's Fossil Fuels Production Retreats From Record Levels

China's Fossil Fuels Production Retreats From Record Levels

Bloomberg19-05-2025

Chinese fossil fuels output fell in April from the record levels hit in the prior month, although natural gas, crude oil and coal all delivered increases compared to the previous year as the government continues to prioritize security of supply despite weaker prices.
Gas output rose 8.1% year-on-year to 21.5 billion cubic meters, while crude oil increased 1.5% to 17.7 million tons, the statistics bureau said on Monday. Coal production rose 3.8% to 389 million tons, although that was 51 million tons less than March, offering a hint of relief for miners suffering from a slump in prices to four-year lows.

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AI Safety: Beyond AI Hype To Hybrid Intelligence
AI Safety: Beyond AI Hype To Hybrid Intelligence

Forbes

time18 minutes ago

  • Forbes

AI Safety: Beyond AI Hype To Hybrid Intelligence

Autonomous electric cars with artificial intelligence self driving on metropolis road, 3d rendering The artificial intelligence revolution has reached a critical inflection point. While CEOs rush to deploy AI agents and boast about automation gains, a sobering reality check is emerging from boardrooms worldwide: ChatGPT 4o has 61% hallucinations according to simple QA developed by OpenAI, and even the most advanced AI systems fail basic reliability tests with alarming frequency. In a recent OpEd Dario Amodei, Anthropic's CEO, called for regulating AI arguing that voluntary safety measures are insufficient. Meanwhile, companies like Klarna — once poster children for AI-first customer service — are quietly reversing course on their AI agent-only approach, and rehiring human representatives. These aren't isolated incidents; they're the cusp of the iceberg signaling a fundamental misalignment between AI hype and AI reality. Today's AI safety landscape resembles a high-stakes experiment conducted without a safety net. Three competing governance models have emerged: the EU's risk-based regulatory approach, the US's innovation-first decentralized framework, and China's state-led centralized model. Yet none adequately addresses the core challenge facing business leaders: how to harness AI's transformative potential while managing its probabilistic unpredictability. The stakes couldn't be higher. Four out of five finance chiefs consider AI "mission-critical," while 71% of technology leaders don't trust their organizations to manage future AI risks effectively. This paradox — simultaneous dependence and distrust — creates a dangerous cognitive dissonance in corporate decision-making. AI hallucinations remain a persistent and worsening challenge in 2025, where artificial intelligence systems confidently generate false or misleading information that appears credible but lacks factual basis. Recent data reveals the scale of this problem: in just the first quarter of 2025, close to 13,000 AI-generated articles were removed from online platforms due to hallucinated content, while OpenAI's latest reasoning systems show hallucination rates reaching 33% for their o3 model and a staggering 48% for o4-mini when answering questions about public figures 48% error rate. The legal sector has been particularly affected, with more than 30 instances documented in May 2025 of lawyers using evidence that featured AI hallucinations. These fabrications span across domains, from journalism where ChatGPT falsely attributed 76% of quotes from popular journalism sites to healthcare where AI models might misdiagnose medical conditions. 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The future belongs not to companies that achieve perfect AI automation, but to those that master the art of human-AI collaboration. In a world of probabilistic machines, our most valuable asset remains deterministic human judgment — enhanced, not replaced, by artificial intelligence.

Canada, China Agree to ‘Regularize' High-Level Talks After Carney's First Official Call With Beijing
Canada, China Agree to ‘Regularize' High-Level Talks After Carney's First Official Call With Beijing

Epoch Times

time25 minutes ago

  • Epoch Times

Canada, China Agree to ‘Regularize' High-Level Talks After Carney's First Official Call With Beijing

Canada and China have agreed to 'regularize' high-level talks between the two countries following a call between Prime Minister Mark Carney and Chinese Premier Li Qiang on June 5, the prime minister's office said. 'The leaders exchanged views on bilateral relations, including the importance of engagement, and agreed to regularize channels of communication between Canada and China,' says a During the conversation, Carney and Li also discussed trade between the two countries, and 'committed their governments' to cooperating to address the fentanyl crisis, according to the PMO's statement. It also says Carney raised 'trade irritants' affecting agricultural and food products, referring to tariffs Beijing recently imposed on Canada. The statement also says Carney raised 'other issues,' without providing further details. The PMO confirmed to the media this was the first conversation Carney held with Beijing since becoming prime minister. Speaking further about the call, Carney said on June 6 that the discussion was 'the start of a process of recalibrating the relationship with China.' Related Stories 5/23/2025 5/3/2024 'They are our second-largest trading partner, the second-largest trading partner for Canada,' Carney said. 'We have a number of trade disputes with China. Farmers across this country, fishers across this country are being affected by Chinese tariffs. People across this country have been affected by fentanyl and its precursors. Those are issues I raised directly, and we spoke at length about our concerns there, and have initiated processes, including ministerial-level dialogue on trade and other issues. So there are important issues with China that we need to address.' Saskatchewan Premier Scott Moe and Manitoba Premier Wab Kinew have asked Ottawa to engage Beijing to end its tariffs on canola products. Alberta Premier Danielle Smith has in turn Canada-China Relations Ottawa-Beijing relations, already strained in recent years, have further deteriorated amid renewed trade tensions. China earlier this year Ottawa Beijing's latest measures include a 100 percent tariff on Canadian canola oil, oil cakes, and pea imports, as well as 25 percent levies on Canadian seafood and pork. Beijing says its tariffs on Canada U.S. Ambassador to Canada Pete Hoekstra said recently that the United States wants Canada to align with its policies on China. 'The President has made it very, very clear. The No. 1 challenge to America's security, to its safety and prosperity is China,' he said in an interview with The Globe and Mail. 'We're looking for, for people who will confront the challenges with China with us.' U.S. officials have previously Beijing-Ottawa relations began to deteriorate in 2018, when China Tensions rose further after intelligence leaks were reported by Canadian media outlets starting in late 2022 about extensive interference by Beijing in Canada's democracy. This prompted a public inquiry into the matter, which ultimately identified China as 'the most active perpetrator of foreign interference targeting Canada's democratic institutions,' according to the Foreign Interference Commission's final report published earlier this year. Omid Ghoreishi and Isaac Teo contributed to this report.

White House officials to meet Chinese delegation in London for next round of trade talks
White House officials to meet Chinese delegation in London for next round of trade talks

Yahoo

time31 minutes ago

  • Yahoo

White House officials to meet Chinese delegation in London for next round of trade talks

Senior White House officials will meet with a Chinese delegation in London on Monday for the next round of trade talks, President Donald Trump has said. The meeting comes after a phone call between Mr Trump and Chinese leader Xi Jinping on Thursday, which the US president said was "very positive". Writing on his Truth Social platform, Mr Trump said the London meeting "should go very well" and added that US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer would represent the US at the is unclear who will represent China. The two countries are at an impasse over tariffs and a dispute involving critical rare earth mineral exports, in which China remains the dominant producer. On 12 May, China and the US struck a 90-day deal in Geneva to pause retaliatory tariffs placed on each other since Mr Trump was inaugurated in January. The initial agreement prompted a global surge in stock markets and U.S. indexes that were in, or approaching, bear market levels. The temporary deal saw the US reduced its 145% tariff to 30% on Chinese also agreed to reduce its 125% retaliatory tariffs to 10% on US goods. However, sector-specific tariffs, such as the 25% tax on cars, aluminium and steel, are still in place. Since Mr Trump's re-election, the president has frequently issued threats of punitive trade measures against US partners - only to backtrack at the last minute. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the latest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

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