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Sovereign Rating Cuts Coming to Those Who Ignore Climate Change

A failure to cut pollution will cost governments around the world billions, according to University of Cambridge economists who used artificial intelligence to forecast climate change's effect on sovereign credit ratings.If emissions continue at current levels, 63 countries will see ratings downgrades of more than one notch by 2030, acording to the group, which…

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Artificial intelligence improves parking efficiency in Chinese cities

Thanks to the application of an artificial intelligence (AI)-empowered roadside electronic toll collection (ETC) system, China’s capital city Beijing has seen significant improvement in the efficiency of parking fee collection, turnover of roadside parking spots, order in roadside parking, as well as traffic congestion.As the city further deepens its roadside…

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