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The US House and Senate are unlikely to pass federal legislation on the use of AI in business, so users should focus their attention on a new NIST framework in lieu of state-level law, according to Workday's veep for corporate affairs. Chandler Morse, a former chief of staff to Republican Senator Jeff Flake, told The Register that while the Republicans have won the House and the Senate, margins remained close in both, making the chances of passing federal legislation governing the use of AI during current presidential tenure unlikely. "In all honesty, I don't think anything's going to happen in the US, Congress or federal legislation, but what is happening is a tremendous amount of activity at the state level," the SaaS enterprise application vendor policy expert said. In September, California Governor Gavin Newsom vetoed Bill 1047, arguing it failed to take the right approach to ensuring or requiring AI safety. But he left the door open for the US state's lawmakers to propose a better bill for governing AI safety. An alternative California bill addressing automated decision making (AB 2930) is also currently inactive. Although Workday initially supported the bill, it later challenged the details on accountability for how users introduced products and withdrew its support, Morse said. Nonetheless, California was likely to "take another run at it," as would New York, while Connecticut and Colorado were also proposing legislation and Texas was "in the game," he said. In the meantime, businesses would be wise to look at the US National Institute of Standards and Technology AI Risk Management Framework, which it released in July. NIST developed a voluntary framework to "better manage risks to individuals, organizations, and society associated with AI." Since the EU has already introduced its AI Act , the NIST framework offers another set of standards to guide businesses looking to implement AI while legislation is developed, Morse said. "Everyone looks at Congress and says, 'You should do something.' We don't think Congress is going to act, and there should be something against which the US can harmonize with Europe. The quickest way we thought that could happen was to ask the NIST to do a framework. They had completed the Cyber Framework and had just finished the privacy framework. We actually got Congress to ask them to do it, and they are now the most advanced component [in US AI policy], although it is voluntary," he said. "We're probably, like, halfway through the first period. It's early days. We know where we want to go, but it's also unlikely that it gets there without engagement. We are actively asking everyone to have an opinion, and get engaged. Where this all lands is going to direct the where AI goes," he said. In November, Joel Meyer, Domino Data Lab public sector president and former Homeland Security strategic initiatives deputy assistant secretary, told The Register that while president-elect Donald Trump was likely to ditch much of the work done by the outgoing Biden administration around AI when he comes into office, the AI Safety Institute housed within NIST might survive. Meyer said while any of Biden's executive actions could be fair game for the Trump administration to scrap in the name of political point scoring, such established offices are unlikely to vanish entirely. ®
Zbit Semiconductor’s recent stock movement has caught the eyes of investors with a staggering 41% climb in the past month. However, this surge barely offsets the 17% decline over the last year, leaving investors questioning the company’s true value. Delving into the details, Zbit Semiconductor boasts a price-to-sales (P/S) ratio of 11x, quite elevated compared to industry norms in China, where many counterparts have ratios below 7x and some even under 3x. This soaring ratio might hint at high expectations for future growth, but the company has been lagging in revenue growth compared to its competitors. The optimism surrounding Zbit Semiconductor seems largely based on future growth forecasts. Analysts anticipate an impressive 62% revenue increase in the coming year, surpassing the industry’s expected growth of 49%. This optimistic outlook explains why the stock trades at a premium P/S ratio, suggesting investors have faith in a substantial turnaround. Despite an impressive revenue increase of 17% over the last year, Zbit Semiconductor still faces challenges, having seen total revenue fall 39% from three years ago. Yet, the high P/S ratio reflects investor sentiment that this trend will reverse significantly. The key takeaway for investors: While Zbit Semiconductor’s current metrics might seem daunting, the anticipated strong revenue growth provides a rationale for its high valuation. Skepticism remains until actual performance aligns with forecasts, making cautious optimism a prudent approach. Why Zbit Semiconductor Might Just Be the Next Big Thing in Tech Stocks Investors are closely watching Zbit Semiconductor after a remarkable 41% increase in its stock price over the past month. Despite this surge, the stock’s value hasn’t completely recovered from a 17% decline over the past year, prompting debates about its future trajectory and true market value. Understanding Zbit’s Elevated Valuation: Zbit Semiconductor displays a striking price-to-sales (P/S) ratio of 11x. This is significantly higher than the average P/S ratios in China’s semiconductor industry, where many companies are valued with a P/S ratio under 7x, and some even as low as 3x. Such a high ratio could indicate investor confidence in the company’s growth prospects, although Zbit has historically lagged behind its competitors in revenue growth. Forecasts and Expectations: Analysts predict a promising 62% revenue increase for Zbit Semiconductor in the upcoming year, a leap ahead of the industry’s projected growth rate of 49%. This expectation accounts for the stock’s elevated P/S ratio, as investors are banking on a significant recovery and future prosperity for the company. Despite a steady 17% revenue increase last year, Zbit’s overall revenue is still 39% lower compared to three years ago. The optimistic revenue forecasts support the current high valuation, although caution remains warranted until the company’s performance matches investor expectations. Investors’ Insight: For stakeholders, Zbit Semiconductor represents a high-risk, high-reward opportunity. While current metrics may raise eyebrows, the anticipation of robust revenue growth justifies its premium valuation. Investors are advised to maintain a balanced approach, considering the optimistic forecasts against the backdrop of past performance discrepancies. Looking Ahead: Security, Sustainability, and Market Innovations: As Zbit Semiconductor strides toward growth, it will be essential to focus on innovation, enhancing security measures, and sustainable practices. These areas will not only drive future success but also assure stakeholders of the company’s long-term viability and adaptability in a competitive market. For more information on Zbit Semiconductor and developments in the semiconductor industry, check out [Zbit Semiconductor](https://www.zbitsemi.com).
South Korea lifts president's martial law decree after lawmakers reject military ruleWorld of Warcraft 's newest large-group adventure will stand on the shoulders of 20 years of raids that came before—and break new ground. Literally. The Liberation of Undermine, the latest eight-boss underground raid that will launch as part of the 11.1 Undermine(d) update to The War Within expansion early next year, will contain new twists on old mechanics and some entirely new features that players haven't yet seen, game director Ion Hazzikostas told PC Gamer in an interview. WoW recently celebrated its 20th anniversary, and its raids have changed dramatically over the past 20 years. So have the tools that players use to beat them, ranging from guides and tier lists (for both class/specializations and gear) posted online, to sophisticated add-ons and WeakAuras that interpret the game's code and make some mechanics easier. "Player sophistication has grown," Hazzikostas said, especially compared to the experience people had when they stepped into WoW's first raid 20 years ago. "When I first went into Molten Core, none of us knew what we were doing. That first pull of two molten giants may as well have been a raid boss as far as we were concerned. Many groups that went into Molten Core for the first time did not kill those two mobs, and if they did, the fire lord right behind them spawned a million fire spawns and that was the end of your run. "Now those things would seem simple in a dungeon, let alone a raid." The upcoming Liberation of Undermine raid will include many more-complex mechanics, including those that turn the environment around bosses into part of the fight—a trend that has developed in WoW's raids over time. "There are certainly new encounters built upon lessons learned and things tested in old ones, but part of the encounter team's job is to evolve those experiences," Hazzikostas said. "They put a fresh coat of paint on old mechanics, but also come up with some genuinely new mechanics that no one's ever seen before, sometimes delivered by new tech—like slippy, slippy floors." The biggest gaming news, reviews and hardware deals Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team. (WoW raids' slip-n-slide floors mechanic first appeared in the Sennarth spider boss encounter in Vault of the Incarnates, the first raid in the previous Dragonflight expansion.) The Liberation of Undermine will include more new environments-as-mechanics. "We go into the Grand Casino in Undermine, and we're making our way to face off against Gallywix," the former leader of the goblins and end boss of the Liberation of Undermine raid, Hazzikostas said. "The environmental framing of that is going to be part of what makes it a unique experience. It's something we've really been trying to lean into over the last 10 years in a way we didn't originally." An exhibition event at an early BlizzCon fan convention pitted the top North American guild against multiple random bosses from raids, which were spawned into an arena together and had to be defeated. Now "there's something quaint about the idea that you could spawn in a Molten Core boss in any old room and it would still work," said Hazzikostas. So the fights have gotten more complicated, even as 20 years of experience has made many of those players savvy veterans. And the tools at their fingertips—game changing mods and add-ons—have become powerful and robust. The result has been something of an arms race. Players invent different displays and handling of raid boss mechanics using mods that can trivialize some encounters. Blizzard developers respond by making those fights even more complicated to keep them interesting, which then causes players to complain that the bosses are a bullet hell that can't be beaten without using the mods, and around it goes. Blizzard experimented with making some mechanics unreadable by mods, with varying success. Players responded by creating add-ons that perform complex actions when players push hotkeys to indicate that the "invisible" mechanics are happening. In other cases, the mods add tracking and player positioning for fights where characters must respond to triggers incredibly quickly. It's not a great experience for either the designers or the players, since those mods are frequently finicky, requiring everyone to be running them precisely in sync. For example, in the current Nerub-ar Palace raid, the Broodtwister Ovi'nax fight pits players against a giant worm, with clusters of eggs that hatch and release adds, which must be defeated. On Mythic difficulty, players randomly assigned a debuff must overlap a modest circle around their feet on specific clusters. We can't be ignorant to the fact that many of our players are using add-ons, and it will shape the feedback we get about how engaging an encounter feels. It's complicated, because two players must stand on each cluster, in a very limited amount of time. If more than two characters stack on a cluster, there won't be enough to cover one of the other clusters needed around the boss. If players performed the mechanic without the assistance of mods, accidental overstacking is highly likely, even with competent groups. So instead, a complex WeakAura assigns two of the players to each cluster, which has been pre-marked by the raid's leaders. When my Cutting Edge guild (a guild that kills the last boss of the raid on Mythic difficulty before the tier ends) tackled Ovi'nax, it took nearly a full night of progression just to get the WeakAuras working properly—not exactly compelling gameplay. As a result, Hazzikostas said, players can expect Blizzard to remove more functionality from WeakAuras in raids in the future—and, hopefully, to add more in-game sources of information and more time to react, as a result. "We can't be ignorant to the fact that many of our players are using add-ons, and it will shape the feedback we get about how engaging an encounter feels," he said. The problem comes when mods can do the thinking for players when raid mechanics happen. If a fight has three or four mechanics, and a WeakAura consolidates all of them and only yells at them when they need to do something, players don't have to process much. "A player might say this was a boring encounter, because I was doing my DPS rotation for three minutes except for the one time my mod told me to do something," Hazzikostas said. "That may make us add a new mechanic, which in turn can make the encounter feel complex or overwhelming for someone who isn't using those add-ons." That's why future raids may have more limits on those mods, he said. "I think it's an area where we likely will want to start clawing back some functionality, as long as we can make sure that our baseline game experience is offering players the information they need to have an engaging, elegant time."
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UConn F Alex Karaban (head) won't play vs. BaylorChina's reported decision to build Three Gorges like mega hydel project on the Yarlung Tsangpo (Brahmaputra in India) is not just a strong reminder on the piling security costs attached to the delay in commencing work on the Upper Siang Hydroelectric Project in Arunachal Pradesh, but also a wake-up call on the need to treat water infrastructure building along the Himalayan rivers as a strategic imperative. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping Hydel projects are just as important as border roads. It took India decades to realise that its policy of not building roads along the China border was counterproductive. By the time New Delhi got a grip of reality, Beijing had built all weather blacktop roads on the other side of the Line of Actual Control. As India countered, standoffs and skirmishes increased. Now, when India and China have just completed a troop disengagement process after a four-year close-contact forward deployment, Beijing's move on Yarlung Tsangpo only raises more doubts on its overall political intent. Not to forget, resuming river water conversation is one of the items on the agenda of normalisation of relations. But clearly, China appears to be drawing its line on the Brahmaputra river even as it talks de-escalation on LAC. The over 10,000 MW Upper Siang project provides an answer, but in this case India is up against domestic political compulsions. The status of the project is that the National Hydroelectric Power Corporation needs to do some drilling work to carry out geological studies, important to the process of finalising the site. However, this has not happened because of local protests. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program The facts are that China's project is likely to be in Namcha Barwa on the Great Bend, where Yarlung Tsangpo makes almost a U-turn to enter India. Any divergence of water will adversely impact the flow of Brahmaputra during the non-monsoon months. This could stretch to four-to-five months a year. Thereafter, the river benefits and enlarges from the Indian monsoon rain. A large storage, as envisaged in the Upper Siang project, will cover for these months and help the local population against the possibility of China weaponising the Yarlung Tsangpo before it enters India. This political communication has, thus far, not succeeded locally, also complicated by the fact that one of the towns likely to be submerged is Yingkiong, which is the constituency of former Arunachal Pradesh chief minister Gegong Apang. Similar delays on the 850 MW Ratle project on River Chenab allowed Pakistan the space to lobby with the US as well as the World Bank and drag India to a bizarre arbitration, where two parallel processes are going on simultaneously. India now wants a complete relook at the 1960 Indus Waters Treaty and has sent four notices to Pakistan. India is an upper riparian country with Pakistan and a lower riparian with China. So, the situation is not fully comparable. But the solution to problems on both fronts is similar: Build efficiently, build fast. The reason is that trust stands eroded with both countries. The last agreement India had with China on sharing of hydrological data for Brahmaputra and Sutlej has expired. The Indus Waters Treaty was a more robust affair, which allowed Pakistan legal options to hold up even run-of-the-river projects on the tributaries of Indus in India. In other words, India seems to have had a rough deal with legal instruments with both countries. While it has none to tie down China as a lower riparian country, it has to contend with a strong treaty with Pakistan as an upper riparian. The way through this conundrum is just like with border roads, India has no option but to build hydel projects with strategic urgency, keeping in mind that it's on the receiving end of what China is doing - be it environmental like glacial lake outburst flood (Glof) or water security like the Yarlung Tsangpo plans. (You can now subscribe to our Economic Times WhatsApp channel )ISU women's basketball set for Eastern Kentucky MTE
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