Semafor

@ReedAlbergotti writes: The US government’s job when it comes to scientific research is to grease the wheels of new tech that’s critical to economic and security interests, but that isn’t quite far enough along for private investors. It’s also to fund research that might prove useful many decades in the future.

If the Trump administration’s policy is to cut funding for the wrong research, how do you determine which scientific endeavors lack merit? @ReedAlbergotti highlights why it pays to fund research even when it's wrong: semafor.com/article/04/17/…

“You have this amazing power couple between the CHRO and the CTO, who provide the right tools and the right culture to people so they can bring to life our career architecture we have for all our employees,” Omar Abbosh, CEO of Pearson, said at Semafor World Economy.

AI is making chief tech officers and chief human resources officers work together semafor.com/article/04/17/…

The US intelligence agency’s Deputy Director Michael Ellis said AI’s role was only likely to grow: Within two years, “AI co-workers [will be] built into all of the agency’s analytic platforms.” The technology will speed up the process of analyzing vast amounts of information gathered by human spies and their tools.

The CIA has createed their first intelligence report written without humans semafor.com/article/04/17/…

📺Here's @semafor biz reporter @rogoswami breaking news at Semafor World Economy, where @krakenfx co-CEO @arjunsethi revealed to him that the company had confidentially filed for an IPO.

🟡@LizClaman talks with @thomabravo co-founder @OrlandoBravoTB on @FoxBusiness at @semafor World Economy, the largest gathering of CEOs, administration officials, lawmakers and global finance ministers in the US. 📺youtube.com/watch?v=R1J9_U…

Asked at Semafor World Economy about Canada’s former trade chief suggesting time is on Canada’s side in upcoming trade talks, @howardlutnick tells @semaforben: “That is like the worst strategy I’ve ever heard. They suck."

“We feel that if the current ceasefire holds and also gets extended indefinitely, by the end of the calendar third quarter, energy supply and prices should normalize, and I think that is something we can absorb,” V. Anantha Nageswaran said at Semafor World Economy.

India can handle the energy shock if Iran ceasefire holds, top government adviser says semafor.com/article/04/17/…

Cocoa prices surged in 2023 and 2024, but have since fallen steeply. Barry Callebaut bought cocoa at the higher rates, but — because its contracts with buyers tie chocolate prices to cocoa’s current level — it must now sell the resulting chocolate cheaply.

The world’s largest chocolate maker is being hit by a price crunch. Falling cocoa prices have, paradoxically, led to falling profits for Swiss firm Barry Callebaut, which supplies chocolate to food giants such as Nestlé and Unilever. semafor.com/article/04/17/…

🟡"It's been headline after headline coming out of" Semafor World Economy, the largest gathering of CEOs, lawmakers and admin officials in the US. On the fifth and final day of the event, @semafor co-founder & EIC @semaforben joins @Morning_Joe to discuss.

“Psychologically, there is an impact because people are anxious about the uncertainty when the war is going to be over, and [whether] the economy is going to be hurt,” MBZUAI President Eric Xing said. “But in terms of daily life, your work, you don’t actually need to change too much.”

Life returning to normal at Abu Dhabi AI university, president says semafor.com/article/04/17/…

“We look at that as disappointing on the one hand because our job is to get medicines to patients, and now we have for the first time a way to — not for a 100%— but for a big portion of obesity to arrest it completely,” Ricks said Friday at Semafor World Economy in Washington, DC.

Eli Lilly CEO David Ricks is “disappointed” that only one in 10 Americans are on GLP-1s. semafor.com/article/04/17/…

“I believe that a whole bunch of existing media companies are about to get crushed, and I believe that we’re on the verge of the next golden era of content creation,” said Matthew Prince, the co-founder and CEO of Cloudflare, at Semafor World Economy in. “And the reason why is I think that things that are local, unique, differentiated are gonna be much more valuable.”

CEO predicts ‘next golden era’ for content amid legacy media destruction semafor.com/article/04/17/…