Weekly Review, January 15 2024
Fortis’ News of the Week:
ETFs in 2023 showed success and failures with more than 500 new launches and 250 closures as a result of the new competition.
AI helped identify a potential replacement for the lithium battery as the lithium shortage looms.
America saw a 1.9% decrease in greenhouse gas emissions even with the growing economy.
IRS increased enforcement efforts and, as a result, collected over $520M from millionaires who had outstanding debts.
Duolingo cuts 10% of their contractors in favor of AI. The move increases concerns of how jobs will continue to be affected as AI use increases.