Retirement Relocation: Don't Overlook This Factor | Foreign Businesses' Struggles with China | AI Writing Impact on Human Expression | Youngest Billionaire's Extreme Traits for Success

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� � � � � � You Might Like � � � � � � � � � Don't Overlook This Key Factor When Considering Retirement Relocation - Forbes    A long-neglected factor to consider when choosing a residence is becoming more and more important to those who relocate in retirement. Because many people don't consider the factor, it's causing a lot of financial pain. The overlooked factor is homeowner's insurance, something that most people take for granted when buying a home. The problem is so acute that legislatures in Florida and California took actions in recent years to try to ensure affordable homeowner's policies are available. Continued here Ties between foreign businesses and China go from bad to worse - The Economist    THE RANKS of foreign businesspeople in Shanghai are much depleted these days. Those who remain closely monitor the comings and goings of multinational executives. So all eyes were on the Bund Summit, a globally minded economic and financial forum held in the city from September 22nd to 24th. In previous years the forum brought in A-list chief executives from around the world. The latest gathering, the first since China lifted its draconian covid-19 restrictions and declared itself open for business, was expected to draw high-powered crowds once again. Not so. Nearly ten months in, President Xi Jinping’s grand reopening from his zero-covid fiasco has been a big disappointment. Foreign investors believed that 2022, when quarantines threw China into a deep freeze, would mark the bottom for gloomy sentiment. Instead the Chinese economy is creaking and cross-border investment flows have weakened. Several foreign businesses have been raided by the authorities. On September 25th the Financial Times reported that Charles Wang Zhonghe, the chairman of Chinese investment banking at Nomura International, a Japanese bank, had been banned from leaving China. Many foreign investors are skipping trips and, more damagingly, putting off investment plans. Those who are showing up in Beijing and Shanghai this year say the damage wrought by zero-covid is palpable. Some of this, like the deteriorating English-language skills of hotel workers, is superficial. Other problems cut to the bone. Local staff have been deprived of foreign travel for years, and so from mingling with colleagues, engineers and scientists. China’s legions of well-trained white-collared workers appear less prepared to engage with the rest of the world than they did a few years ago, the visitors lament. Continued here Don't like ads? Go ad-free with TradeBriefs Premium What Humans Lose When AI Writes for Us - Scientific American    In Who Wrote This? linguist Naomi S. Baron discusses how artificial intelligence threatens our ability to express ourselves Artificial intelligence has pervaded much of our daily life, whether it’s in the form of scarily believable deepfakes, online news containing “written by AI” taglines or novel tools that could diagnose health conditions. It can feel like everything we do is run through some sort of software, interpreted by some mysterious program and kept on a server who knows where. When will the robots take over already? Have they already taken over? The recent developments in AI offer existential questions we’ve been wrestling with since we put pen to proverbial paper: Who wrote this, and can I trust it? Fake news is old news, but some still argue over whether Shakespeare existed or represented multiple authors. Large language models (LLMs) are combinations of authors, each with their own style, voice and expertise. If the generative AI program ChatGPT keeps trying—and we keep feeding it Shakespeare—will it write our next great tragedy? Continued here World's youngest self-made billionaire: Success comes from taking these 2 common traits 'to the extreme' - CNBC    It may be hard to believe that Austin Russell, the world's youngest self-made billionaire, has anything in common with others his age — but he insists that he does.  Russell, 28, has an estimated net worth of $1.6 billion, due to the performance of his Orlando, Florida-based tech startup Luminar Technologies, which currently has a market cap of $2.4 billion. The company, which Russell founded 11 years ago as a teenager, develops hardware and software meant to power self-driving cars. Very few teenagers — or people in their 20s or 30s, for that matter — can launch and sustain that type of business. A Thiel Fellowship helped, giving Russell $100,000 to drop out of Stanford University and grow his company full-time. Continued here

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