Tuesday, January 16th, 2024

Condolences to former CME Group CEO [[Phupinder Gill]] and his family on the passing of Ajit Singh Gill, his 95-year-old father and a former Olympic hockey player for Singapore. The Financial Times features a "Special Report on Navigating Cyber Risk," delving into generative AI's potential in combatting cybercrime, the fragility of financial markets in the face of cyberattacks, and negotiating with hackers, particularly in ransomware scenarios. The report also underscores the need for stronger cyber defenses in industrial and energy sectors and healthcare systems' vulnerability to cyber threats. In AI news, a PwC survey reveals that 45% of global CEOs fear their business models may become nonviable due to technological advances and climate pressures. The Louvre Museum raises its ticket prices, sparking mixed reactions among visitors, while a mysterious discovery of cryptic weather reports from the 1880s unfolds in an antique dress. The International Energy Agency reports a 50% increase in renewable capacity in 2023 and predicts accelerated growth over the next five years, with renewables surpassing coal as the largest source of global electricity generation by early 2025.