AI versus GMO Political leaders gathered in Bletchley Park at the invitation of UK Prime Minister Rishi Sunak and agreed to a global dialogue on regulating artificial intelligence. There was a similar meeting in Hong Kong. They want AI businesses to include responsibility in their models, and an international system of security alerts and information sharing to prevent harmful viral events. There are also national AI regulatory actions occurring. Big companies like regulation because it slows the effort by any smaller upstarts unable to bear its costs. Regulators must be careful because AI is expected to increase economic growth at lower labor rates and self-improve capital allocation. Over-regulation will stymie these benefits. At...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.