With the popularization of artificial intelligence, more than half of Americans report using AI regularly. Along with the conveniences this technology provides, however, there is growing fear about machines transforming professions or even replacing workers.
In this chart, ipsos survey present the results asking people if they believe artificial intelligence will lead to many new jobs being created in their country.
Chinese are the most optimistic about artificial intelligence creating new jobs in their country, while Hungarians are the least optimistic.
China’s AI sector has experienced exponential growth, supported by government initiatives. The country also leads in AI academic research, although the U.S. remains at the forefront of turning research into products.
Two other Asian countries, Indonesia and Thailand, complete the top three on the list.
Despite the global de-dollarization, the US dollar continues to dominate global finances. According to a report by Statista, the US dollar accounts for 88.4% of foreign exchange..
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2 Countries Officially Ditch the US Dollar for Trade #Iran and #Russia
Both Russia and Iran face severe sanctions from Western countries. The development makes it incredibly difficult to use the greenback for trade. In July 2024, central banks from both nations agreed to a currency swap policy. It would appear that sanctions may be further pushing the de-dollarization movement.
Russia and Iran have also integrated the Mir payment system as an alternative to SWIFT. Russia has also allowed Iranian nationals to withdraw Iran’s rial currency from ATMs. The move further pushes the de-dollarization trend.
2 Countries Officially Ditch the US Dollar for Trade #Iran and #Russia
Both Russia and Iran face severe sanctions from Western countries. The development makes it incredibly difficult to use the greenback for trade. In July 2024, central banks from both nations agreed to a currency swap policy. It would appear that sanctions may be further pushing the de-dollarization movement.
Russia and Iran have also integrated the Mir payment system as an alternative to SWIFT. Russia has also allowed Iranian nationals to withdraw Iran’s rial currency from ATMs. The move further pushes the de-dollarization trend.
This graphic shows the top U.S.-based exchange-traded funds (ETFs) by fund flows in 2024, based on data from Eric Balchunas. Key Takeaways Investors poured $1.1 trillion in U.S. ETFs in 2024 in a record-breaking year. In typical fashion, the largest S&P 500 ETFs saw the highest inflows, while the iShares spot bitcoin ETF pulled in $37.2 billion, coming in third. After Trump's election victory, ETF inflows surged to $164 billion in November, a historic monthly high.
In the 1960s and 1970s, #Europe accounted for 50% of global #trade , followed by the #America at 23% and Asia at 17%. Asia's share of global trade steadily increased, surpassing Europe in 2010. Between 2000 and 2023, Asia's trade volume grew by 385%, compared to 221% for Europe and 213% for the rest of the world. Asia's share of global trade rose from 30% to 39% during this period, contributing 43% of global trade #Growth China played a pivotal role in Asia's trade expansion, representing 29
In the 1960s and 1970s, #Europe accounted for 50% of global #trade , followed by the #America at 23% and #Asia at 17%. Asia's share of global trade steadily increased, surpassing Europe in 2010. Between 2000 and 2023, Asia's trade volume grew by 385%, compared to 221% for Europe and 213% for the rest of the world. Asia's share of global trade rose from 30% to 39% during this period, contributing 43% of global trade #Growth
China played a pivotal role in Asia's trade expansion, representing 29% of Asia's trade in 2023. Significant milestones include Japan surpassing the United Kingdom in trade volume in 1972, China surpassing the United Kingdom in 2003, Germany in 2009, and the United States in 2013.$$$
Energy employment reached nearly 67 million in 2022 — growing by 3.4 million over pre-#pandemic levels. Clean energy sectors added 4.7 million jobs globally over the same period and stand at 35 million, while fossil fuels jobs recovered more slowly after layoffs in 2020 and remain around 1.3 million below pre-pandemic employment levels, at 32 million. As a result, clean energy employment surpassed that of fossil fuels in 2021. More than half of job growth in this period is attributable to just five sectors: solar PV, wind, electric vehicles (EVs) and battery manufacturing, heat pumps and critical minerals mining. These five sectors employ around 9 million workers today. #Solar #PV is the largest of these sectors, at around 4 million jobs, while manufacturing of EVs and their batteries was the largest source of growth, adding globally well over 1 million jobs since 2019. Many of the new jobs are in construction and manufacturing, which represent over half of energy jobs today, and grew by 2.6 million jobs since 2019.
This graphic shows the S&P 500's annual returns since 1874, based on data from TradingView.
Key Takeaways In 2024, the S&P 500 returned 23% after posting a number of all-time highs throughout the year. Over the past two years, the index has surged 53% amid AI enthusiasm and the gradual lowering of interest rates. Since 1950, the S&P 500 has delivered positive returns 81% of the time in the year following a gain of more than 20%. The majority of institutions see the S&P 500 rising between 10% and 15% in 2025, potentially marking the end of the bull market cycle.
AI was calculated to be 90% faster at image analysis based on people reviewing each photo for 2 seconds or 1,800 photos per hour. Wildlife Insights AI can review 18,000 images per hour.
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3 Examples of #AI Being Used for Good 🤖
#Wildlife Protection90% faster camera trap image analysis
#Cancer Diagnosis13% boost in early breast cancer detection
#FOOD Production21% increase in crop growth per acre
ChainGPT and BNB Smart Chain Olympics "Train Like a Champion" Campaign
In collaboration with BNB Chain’s ecosystem, we partnered with several key projects to celebrate the 2024 Summer Olympics through the “Train Like a Champion” campaign. This event showcased the integration of AI and #blockchain technology while providing an engaging experience for participants, with a prize pool exceeding $250,000. This blog post explores the specifics of the campaign, focusing on the tools used, the benefits, and our role.
Overview of the Partnership The "Train Like a Champion
Understanding Spot Bitcoin ETF Options and Their Role in Evolving Crypto Markets
Spot Bitcoin ETF options are set to make their debut, signaling a new development in the intersection of traditional financial markets and cryptocurrency. By offering the ability to trade options on spot Bitcoin ETFs, this financial instrument bridges the gap between Bitcoin and established market structures, potentially transforming how cryptocurrency is traded and perceived.
What Are Spot Bitcoin ETF Options? Spot Bitcoin ETF options are financial contracts that provide the right—but not the
Ripple and Archax Partner to Tokenize Major Liquidity Fund envisaging 16T
Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real-World Assets to the XRP Ledger Ripple and UK-based digital securities exchange Archax have announced a collaboration to tokenize abrdn’s USD Liquidity Fund, valued at approximately beginning $3.8B to $4.7 billion. This marks the first tokenization of a money market fund on the XRP Ledger (XRPL), signifying a step forward in integrating blockchain technology with traditional financial systems.
🚨🚨🔔‼️🚨🚨 Trump's Got a New Tech Wiz! (And He's Not a Robot!)
☄️☄️🔥☄️☄️ Hold onto your crypto wallets, folks! Donald Trump just named David Sacks – a #Paypal guy who's basically a rockstar in the tech world – as his official "crypto and AI czar." Think of him as the ultimate tech-savvy sheriff, riding into town to tame the Wild West of digital currencies and artificial intelligence. Who's This David Sacks Guy, Anyway? Forget the White House – this guy's been in the digital trenches. He was a top dog at PayPal (yes, that PayPal), helped build Yammer (M
Hold onto your crypto wallets, folks! Donald Trump just named David Sacks – a #PayPal guy who's basically a rockstar in the tech world – as his official "crypto and AI czar." Think of him as the ultimate tech-savvy sheriff, riding into town to tame the Wild West of #Digital currencies and artificial intelligence.
Who's This David Sacks Guy, Anyway? Forget the White House – this guy's been in the digital trenches. He was a top dog at PayPal (yes, *that* PayPal), helped build Yammer (#Microsoft bought it for a #BILLION dollars!), and now invests in all sorts of cool crypto stuff. Basically, he's like the tech version of a superhero.
His Mission (Should He Choose to Accept It): Sacks' new gig is a three-ring circus of tech-regulation:
Crypto Clarity: He's tasked with making sense of the wild, wild west of cryptocurrency. Think of it as herding cats...but the cats are Bitcoin.
Free Speech Fight: He's going to take on Big Tech and their alleged censorship. Get ready for a showdown!
#AI Domination (The Good Kind): Sacks wants the US to be the AI king of the hill. No robot overlords, just smart tech.
Rothschild name have made investments in cryptocurrency, particularly through Bitcoin exchange-traded funds (ETFs). Notably: • Edmond de Rothschild (Suisse) S.A.: This family-owned banking institution holds approximately $4.2 million in Bitcoin ETFs, including shares in BlackRock’s iShares Bitcoin Trust (IBIT) and the Grayscale Bitcoin Trust (GBTC).  • Rothschild Investment Corporation: Established in 1908 and based in Chicago, this firm began investing in Bitcoin via GBTC in 2017. As of 2021, it owned over 30,000 GBTC shares, valued at around $1 million at that time. 
It’s important to note that Rothschild Investment Corporation is not affiliated with the European Rothschild banking family. These investments highlight a growing interest in cryptocurrency among traditional financial institutions.$BTC
XRP Takes Center Stage: Japan Throws Its Support Behind Cryptocurrency as Global Dynamics Shift!
In an unexpected move that has sent ripples across the crypto world, Japan has announced its support for XRP, the digital currency that's been catching eyes and sparking conversations everywhere. This bold endorsement comes at a time when financial landscapes are evolving rapidly, and countries are reassessing their strategies in the digital asset realm.
Japan’s backing of XRP marks a significant turn in cryptocurrency adoption by major nations, signifying a potential new chapter for digital currencies in mainstream financial systems. This move not only underscores XRP's growing credibility but also highlights Japan’s proactive stance in embracing groundbreaking financial technologies.
The Japanese government's support could catapult XRP into a new era of influence, shaping how other nations might view and utilize cryptocurrencies in the foreseeable future. With regulatory landscapes shifting and new financial alliances potentially forming, could XRP emerge as a pivotal digital player on the international stage?
Stay tuned as we delve into the potential impacts of this surprising alliance and what it could mean for the broader cryptocurrency market and financial sectors worldwide. Is this the beginning of a new global financial narrative? The intrigue only deepens from here!