In the early hours of April 12, 1812, a crowd of men approached Rawfolds Mill, a four-story stone building on the banks of the River Spen, in West Yorkshire. This was Brontë country--a landscape of bleak moors, steep valleys, and small towns nestled in the hollows. The men, who'd assembled on the moors hours earlier, were armed with muskets, sticks, hatchets, and heavy blacksmith's hammers. When they reached the mill, those at the front broke windows to gain entry, and some fired shots into the darkened factory. But the mill's owner, William Cartwright, had been preparing for trouble.

This is Bloomberg Opinion Today, an updated Bayeux Tapestry of Bloomberg Opinion's opinions. Apple Inc. recently added audiobook narration to the growing list of occupations where algorithms are poised to replace humans alongside graphic designers, college essayists and limerick writers. Luckily, the fine art of newslettering remains (ahem) far beyond the capabilities of even the most sophisticated artificial intelligence software. Still, hope is at hand for those not fortunate enough to toil in the newsletter mines but still seeking gainful employment that won't disappear as robots take control.

There is more chatter in the AI dev world about a potential approaching AI winter and many are postulating on the likelihood of a prolonged downturn in AI funding and advancement and what that will mean for the industry. The short answer is that we are entering a sort of AI winter due to the approaching economic downturn/stagnation. This is because the volume of'free cash' flowing in the economy is being reduced by the federal govt through various actions such as Quantitative Tightening, rising interest rates and a falling stock market. The result will be that investment companies and governments will pare back high flying and beyond the bleeding edge research in AI that have brought about our current state of advanced AI development. This will primarily affect AI tech that is more directed to the general public such as novel AI infused products in areas where the returns are long term or where returns are not immediately'valuable' (i.e.

The last year was a busy one for Russia's military and civilian artificial intelligence efforts. Moscow poured money into research and development, and Russia's civil society debated the country's place in the larger AI ecosystem. But Vladimir Putin's invasion of Ukraine in February and the resulting sanctions have brought several of those efforts to a halt--and thrown into question just how many of its AI advancements Russia will be able to salvage and continue. Ever since Putin extolled the development of robotic combat systems in the new State Armaments Program in 2020, the Russian Ministry of Defense has been hyper-focused on AI. We have learned more about the Russian military's focus on AI in the past year thanks to several public revelations.