World Perspectives

Hobbling AI; Chinese Spin; F2F Setback

Hobbling AI The EU has neared agreement on doing what it does best, regulating. This time its target is artificial intelligence. France and Germany were reluctant participants because they have their own startup AI companies and didn’t want to hobble them. Regulatory hobbling from Brussels is what caused Brexit and over-regulating AI will stifle its promise for productivity gains – the only true way to improve economic well-being.  As usual, the EU regulation will force companies to expose their inner workings, and everything would have to be labeled as if the bytes they develop are as dangerous as a Monsanto GMO. The good guys will cooperate but like gun control, evil doers will run their own ghost servers and algorithms...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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