LIKE other countries, China has bureaucratic infighting. But it does better than most at keeping tussles hidden from outside view, especially under Xi Jinping, a president who brooks no dissent. So it has been highly unusual to see a spat between the central bank and finance ministry spill into the open. It reveals cracks in the government’s façade of unity as a campaign to control debt exacts a toll on the economy.The disagreement started on July 13th when Xu Zhong, head of the central bank’s research department, spoke at a forum in Beijing. Officially, China is committed to a “proactive fiscal policy”, meaning that the government will spend to prop up growth. But Mr Xu argued that the finance ministry was not delivering what it had promised, thus making deleveraging more painful.
Outside of the startup world, the average person is still fearful of the control AI can exert on human life Though artificial intelligence (AI) is one of the most buzzed about fields in tech today, it suffers a branding problem with the general public: Outside of the startup world, the average person is still fearful […]
The post AI has a branding problem, and we need to advocate for better acceptance and understanding appeared first on e27.