Enhancing Collaboration in Advanced Technology: A Conversation with Elon Musk on AI and Innovation.

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Elon Musk is an innovator and entrepreneur whose focus is the development of cutting edge technology and particularly Application Intelligence (AI). Today's discussion revolved around understanding the dynamics of change in artificial intelligence with ways of improving teamwork in that field. Musk is also known for coming up with some mega ideas and even more mega strategies so it was not surprising that the call for global cooperation in use of AI was made to avoid disorganized competition of nations and industries that would ultimately waste a lot of resources and fail to solve the key issues of the 21st century. That vision which is his echoes with the increasing understanding that in order to tap the capabilities of AI, proactive implementation of these capabilities is of collective, rather than individual, nature. A focal point of the discussion was the ethics of AI and its development. As Musk pointed out, AI is more than a device, it is a way of thinking that will change bu
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Egypt Faces Record High Black Market Exchange Rate Amid Economic Challenges

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Egypt


Egypt's black market exchange rate for the US dollar has reached an all-time high, reaching 53 Egyptian pounds. This unusual spike comes as the North African country faces rising pressure to discount its currency as it grapples with economic woes aggravated by the Russia-Ukraine war.

According to a currency dealer who spoke on the condition of anonymity due to the illegal nature of the trade, the latest surge is the result of a worsening foreign exchange constraint. Since the outbreak of the conflict in Eastern Europe and the accompanying withdrawal of foreign deposits, the crisis has worsened, putting greater strain on Egypt's net-importing economy. 


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