Economic news: the world and Europe

Rising energy prices place financial strain on both businesses and households, dampening economic activity. As a result, nations are investing in renewables and launching support programs to maintain stability.

Despite headwinds, countries like India and China are expanding thanks to strong internal demand and innovation-led development.

Key drivers include rising raw material costs, wage growth, supply shortages, and excessive liquidity in the financial system. Government and central bank decisions are also highly influential.

Global markets are experiencing pressure from geopolitical stress, inflation, and supply chain changes. In response, central banks are tightening monetary policy to stabilize prices.

High energy costs increase expenses for businesses and households, which slows down economic growth. Many countries are transitioning to alternative energy sources and introducing support measures for companies and consumers.

Despite global challenges, countries like India and China continue to demonstrate economic growth. This is largely driven by domestic demand and advancements in technology.

Inflation can be caused by rising commodity prices, supply chain issues, increased wages, and an excess supply of money. Central bank policy plays a crucial role as well.

The global economy is facing instability due to geopolitical tensions, inflation, and disruptions in supply chains. Central banks are responding by raising interest rates to curb inflation.

AI is developed using various programming languages including Python, R, C++, Java, and others. Python is particularly popular for machine learning and working with large datasets.

AI is not owned by any single entity. It is a technology developed and deployed by various companies and organizations, such as Google, OpenAI, Microsoft, and others. Each AI project may have a different owner or development team.

The cost of implementing AI varies depending on the complexity of the system and its intended use. For businesses, costs can range from several thousand to millions of dollars. For individuals, many AI tools are available via affordable cloud-based subscriptions.

AI can process speech and visual input, analyze large volumes of data, generate text and imagery, make predictions, and support decision-making. It is already used in healthcare, finance, robotics, and business process automation.

AI is used in medicine for diagnostics, in fintech for market analysis, in automotive industries for autonomous driving, in marketing for ad personalization, and in other fields such as robotics, customer service, and cybersecurity.

The concept of artificial intelligence was formalized in 1956 at the Dartmouth College conference by John McCarthy and other researchers. However, its development includes contributions from pioneers like Alan Turing, who first described the idea of "machine intelligence."

Artificial intelligence is a technology that simulates human thinking and learning to perform tasks that typically require intelligence. It operates based on algorithms, machine learning, and data processing to identify patterns and make decisions.

AI can recognize speech and images, perform complex mathematical calculations, generate texts and images, analyze big data, and assist in decision-making. It is actively used in fields like healthcare, finance, marketing, and automation.