Global Scans · Genetics · Weekly Summary

• The FCC may continue to face challenges coordinating with other federal agencies to reach a unified position at World Radiocommunication Conferences that could help support the growth of next-generation wireless networks. JD Supra
• Curran adds that 2024 is the year when generative AI will shape the enterprise IT ecosphere, as it becomes clearer what kinds of services can be built on top of AI systems. Nation
• Among industries globally, generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually in value across the 63 use cases it analyzed - a great opportunity and a benefit for the logistics industry as well. Logistics Management
• JSW Neo Energy has set an ambitious target of achieving 20 GW in generation capacity and 40 GWh in energy storage capacity by 2030. Polyestertime
• Worldwide shipments of AI PCs and generative AI smartphones are projected to total 295 million units by the end of 2024, up from 29 million units in 2023, according to a new forecast from Gartner, Inc. Gartner
• Last year was a powerhouse year for kids' entertainment and toyetic content, but in 2024 we will see more toys inspired by evergreen characters of the past and small screen entertainment that has cross-generational appeal. InvestorsObserver
• A very small amount of abated fossil fuels would continue to be used in the power sector in 2040, with gas-fired CCS plants making up 3% of electricity generation - down from the 36% share of fossil-fueled power in 2021. Carbon Brief
• Another trend to expect in 2024 is the emergence of innovative new digital products and services that could shift and transform existing business models, with Candy expecting a lot of big ideas and visions to emerge in 2024 through excellence in generative AI. TechRepublic
• Renewables Overtaking Coal: Projections indicate renewables surpassing coal as the primary source of electricity generation by 2025, with wind and solar PV dominating by 2028. Blog
• In 2024, developers will be expected to combine the power of low-code and generative AI to build, test, and update applications at an unprecedented speed. IT Voice | IT in Depth
• The share of renewable energy in total electricity generation rises from about 40% in 2021 to 87% in 2040, with wind and solar energy having the largest capacity. EnergyVille
• Simplified, relying on the preferred trajectory as a basis, in 2040, the energy sector will emit virtually nothing (electricity and heat generation, fuel production, etc.), while emissions from energy use in industry, buildings and transport will each decrease by about 85% compared to 2015. EnergyVille
• By 2026, more than 80% of enterprises will have used generative AI APIs, models and/or deployed generative AI-enabled applications in production environments, an increase from fewer than 5% today. Ionic Blog
• JSW Neo Energy aims to achieve a 20 GW generation capacity and a 40 GWh energy storage capacity by 2030, progressing well towards its interim target of 10 GW by 2025, with a current capacity of 9.8 GW, including projects under construction. Renewable Energy and Environmental Sustainability in India
• Even with sanctions, China is making its plans to secure its future in generative AI applications for multiple fields, though Intel CEO Gelsinger claims China will remain ten years behind for the foreseeable future. Tom's Hardware
• Demand for gas as well as energy from renewable sources such as wind and solar will be very high amid a boom in generative AI tools such as ChatGPT. The Telegraph
• India has become a leader in rapidly embracing renewables in the energy sector with over 280 GW of operational capacity and an aim to generate 50% of peak power from solar by 2030. Energy Connects
• MIT-ADT University is poised to empower a new generation of skilled professionals and first-generation entrepreneurs who will play a pivotal role in contributing to India's growth and progress. ThePrint
• A recent UK government report into safety and security risks of generative AI states, 'By 2025, generative AI is more likely to amplify existing risks than create wholly new ones, but it will increase sharply the speed and scale of some threats. SymphonyAI
• Washington's first year of auctions raised more than expected, generating a flood of revenue for projects to hasten the renewable energy transition and adapt to climate change. The Washington Post
• Major apparel exporters in Asia, such as China and Bangladesh, might assume a less dominant role as a sourcing base for recycled clothing due to their insufficient infrastructure for efficiently sorting used clothing and generating high-quality recycled textile materials. FASH455 Global Apparel & Textile Trade and Sourcing
• While Apple tends to manage with less DRAM in iPhones - which is likely to remain the case for its models with generative AI - 8 GB will likely not be sufficient for a sophisticated LLM. Edge AI and Vision Alliance

Last updated: 11 February 2024