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News for nerds, stuff that matters

Blue Origin Announces New Glenn Third Stage, New Booster Engine

Blue Origin has unveiled a third stage called GS3 for its New Glenn rocket, designed to deliver satellite constellations directly to geostationary orbit and support heavy-lift missions to the Moon and deep space. The company also announced Northstar, a new methalox booster engine that it says produces 715,000 pounds of thrust while cutting mass by 30% and parts by 50% compared with the BE-4. Space.com reports: The new stage will be powered by one BE-7 engine, which the company developed for use on its Blue Moon spacecraft, one of the two private vehicles that NASA selected to be crewed lunar landers for its Artemis program. (The other is SpaceX's Starship.) Blue Moon landing missions won't need to launch on GS3-equipped New Glenn rockets, according to Blue Origin. But the third stage "can support sustained operations around the moon," the company wrote in today's blog post. "By delivering significant payload mass directly to trans-lunar injection (TLI), GS3 enables faster transit times while preserving propellant for on-orbit operations." And there's already demand for such services: Blue Origin also announced today that a government customer (which it did not name) has booked a GS3 mission to cislunar (Earth-moon) space, with launch targeted for 2028.

And the company dropped yet more news today -- that it's working on a new first-stage engine, called Northstar. Like Blue Origin's other booster engine, the BE-4, Northstar burns liquid oxygen and liquid methane propellant, a combination known as methalox. But the new engine is more powerful and less complex. "Compared to the BE-4 engine, Northstar reduces mass by 30% and parts count by 50%, while increasing thrust from 640,000 to 715,000 pounds-force," Blue Origin said in a second blog post today. "Manufacturing advancements have also significantly shortened production timelines, enabling assembly in less than a day." Northstar went from program approval to development testing in just 11 months, according to the company. But today's update did not say when the new engine will fly for the first time.

Read more of this story at Slashdot.

Formula 1 News

Formula 1® - The Official F1® Website

Piastri leads F1 community in tributes to Alan Jones

Oscar Piastri joined other members of the paddock in remembering Williams’ first World Champion, Alan Jones.

Which rookies are getting FP1 outings in Brazil?

Six full-time drivers will make way for junior, test and reserve drivers during FP1 at the Autodromo Jose Carlos Pace, whilst another rookie makes his debut

The Guardian

Latest news, sport, business, comment, analysis and reviews from the Guardian, the world's leading liberal voice

Most Europeans want action to tackle climate crisis but not at any cost, poll shows

YouGov survey finds support for tree planting and emissions taxes but opposition to air travel and fuel levies

Europeans believe human-made climate change is real, a survey has shown, with most feeling action must be taken soon – as long as they do not have to sacrifice too much to achieve it.

The YouGov poll of six European countries showed between 69% (Germany) and 80% (France) of respondents believed the climate was changing, with few (1%-4%) denying it and 14-20% believing it was changing, but not as a result of human activity.

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‘We’ve been preparing for the worst all year’: uncertainty grips Iran after Trump midterms defeat

While some fear another full-scale war, others are less sure – but both agree repression at home will continue

Just hours after the US midterm election results delivered a crushing defeat for the Republican party, pro-regime crowds gathered in Tehran’s Enghelab Square to set fire to a giant banner depicting Donald Trump, his vice-president, JD Vance, the US envoy Steve Witkoff and the Israeli prime minister, Benjamin Netanyahu.

Iranian officials have since issued defiant statements celebrating the Republican losses, portraying the results as a rejection of Trump’s war against Iran.

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The best recent poetry – review roundup

The Universe is an Animal by Jessica Mookherjee; Sleep Gate by Sylvia Legris; The Other Love by Henri Cole; Stay Winter by Nidhi Zak/Aria Eipe

The Universe Is an Animal by Jessica Mookherjee (Nine Arches, £11.99)
In this confident and capacious collection, scientific language commingles with familial histories of displacement and war. Echoes of violence, from the partition of East Pakistan and India, now modern-day Bangladesh, to an arrival in Wales, haunt many of the poems. In Waterlily, Mookherjee inverts Monet’s signature image into something far more sinister. An aunt “hides under Bhatiyari Lake, sari billows / until the men leave” to escape communal riots. Longer poems, such as this one, encode repetition and refrain into a genetic pattern of sound and meaning: “the dress she sews me is washed / with river mud from Bangladesh. / And I become Welsh. Uncle becomes ash.” Another long poem, The Reproductions, emerges from the poet’s study of evolutionary biology. Mookherjee asks how the stresses of famine, migration, war and racism impact uniquely on mother and child. She considers how suffering is not unique to the human animal only, as “ten percent / of mammalian foetuses don’t make it / out”. Death may be sometimes out of our hands, and the conditions of love and safety, too, may not be up to us. “I learned / a foetus can be reabsorbed / by the womb in sub-optimal / environments. When is it a good time?”

Sleep Gate by Sylvia Legris (Fitzcarraldo, £12.99)
In these sharply observed poetic ecologies, Legris tests the limits of human and nonhuman consciousness through a dizzying taxonomy of dream life. The dreams of earthworms, honeybees and hummingbirds are recounted unsentimentally with an apparently scientific precision. Likewise, circadian rhythms and pineal glands, producers of melatonin in the human brain, impossibly dictate the sleep patterns of an inanimate world of clouds, plants and minerals. In this great shared sleep between all things, we come to gradually recognise our common mortal destiny: “Sleep descends / as blood displaces air in the chest. // Sleep is a cooling off. / A rehearsal for death.” Mostly Legris avoids the simple anthropomorphism of nature poetry, in which a speaker projects inner feeling on to a landscape to cue up a Wordsworthian bliss or solitude. In fact, Legris sidelines the poetic “I” altogether, a deliberate response to the horror of mass extinction and the Anthropocene. Her poetry reads, at times, like a catalogue or list of specimens. Drawing from predecessors who also reckon with Armageddon, such as Danish experimental poet Inger Christensen and modernist poet Hilda Doolittle, Legris asks: what will outlast us in the evolution of life? Who or what will measure time after the great extinction, when “the clock strikes / quarter past dianthus, / alyssum on the half hour, / hyssop at high noon”?

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Measles, mumps and misinformation: how Crunchy Moms became ‘the most dangerous’ group on Facebook

Meta says it removes content that could cause imminent physical harm – but nearly half a million members have joined a group that regularly promotes misinformation

As a measles outbreak spread through Lancaster county, Pennsylvania, in August, a parent turned to a massive public Facebook group, Crunchy Moms, for advice. They were considering getting their three-year-old vaccinated, in part to protect their six-month-old.

“I’m nervous for my baby,” the parent wrote.

Continue reading...

After the midterms, the global right is reeling. But the danger of Trumpism will never be gone | Jonathan Freedland

Yes, the Republicans suffered humiliating defeat. But the fact that a Trump presidency was even possible means something like it could happen again

He’s down, but not quite out. Barring divine or other intervention, Donald Trump will remain in the Oval Office for a further two years and 10 weeks. Or, as the White House put it in a plaintive social media post brimming with neediness: “PSA [Public Service Announcement]: Trump is still your president.” But that’s not the only reason why the global celebrations that greeted the Democratic tidal wave that swept Republicans out of even their deepest heartlands should be tempered, if only a tad.

Don’t get me wrong, the results of Tuesday’s midterm elections are cause for genuine international jubilation. The defeats of Trump allies in Serbia and Brazil were delicious appetisers, but this was the feast. No mere electoral setback in line with midterm tradition, this was a thorough repudiation of the second Trump presidency and of Trumpism. The 16% swing to Democrats in the popular vote for the House of Representatives was greater even than the 11.2% swing recorded in the Watergate midterms of November 1974, following the resignation in disgrace of Richard Nixon. Trump had worked hard for many months to undermine these elections, either by gerrymandering districts in his favour or preparing the ground for a later claim the vote was rigged, but to no avail: the democratic system proved too resilient, and the American public too determined to have their say. And have it they did, in a voice loud and clear.

Jonathan Freedland is a Guardian columnist

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Rotterdam - FediMeteo (@rotterdam@nl.fedimeteo.com)

Weer voor de stad Rotterdam Deze bot wordt beheerd door het FediMeteo-project. Voor informatie en contact kunt u de pagina https://fedimeteo.com raadplegen.

Weer voor Rotterdam ☀️ - 06-11-2026 13:15 CET...

Weer voor Rotterdam ☀️ - 06-11-2026 13:15 CET

In één oogopslag:
• 8.6°C · Zonnig ☀️ | Min 3.0°C / Max 9.4°C

Verwachting voor vandaag:
• Min 3.0°C, Max 9.4°C (Bewolkt) ☁️, 🧭 1023.2 hPa ➡️ 0.0 hPa/24h, Windsnelheid: 9.4 km/u (2.6 m/s), richting: ← 99°

Uurlijkse voorspelling voor de komende 12 uur:

• 14:00: 9.2°C (Zonnig) ☀️, 🧭 1023.4 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.5 km/u (1.8 m/s), richting: ↖ 131°
• 15:00: 9.4°C (Bewolkt) ☁️, 🧭 1023.0 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.8 km/u (1.9 m/s), richting: ↖ 132°
• 16:00: 9.2°C (Bewolkt) ☁️, 🧭 1022.9 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.1 km/u (1.7 m/s), richting: ↖ 139°
• 17:00: 8.8°C (Gedeeltelijk bewolkt) ⛅, 🧭 1023.0 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.8 km/u (1.9 m/s), richting: ↖ 130°
• 18:00: 7.9°C (Helder) 🌕, 🧭 1023.2 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 8.3 km/u (2.3 m/s), richting: ← 95°
• 19:00: 7.3°C (Bewolkt) ☁️, 🧭 1023.2 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 8.6 km/u (2.4 m/s), richting: ↖ 114°
• 20:00: 6.9°C (Bewolkt) ☁️, 🧭 1023.1 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 7.2 km/u (2.0 m/s), richting: ↖ 116°
• 21:00: 6.7°C (Bewolkt) ☁️, 🧭 1023.1 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.1 km/u (1.7 m/s), richting: ↖ 123°
• 22:00: 6.3°C (Bewolkt) ☁️, 🧭 1023.4 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 4.3 km/u (1.2 m/s), richting: ← 99°
• 23:00: 5.1°C (Helder) 🌕, 🧭 1023.5 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.5 km/u (1.8 m/s), richting: ← 79°
• 00:00: 5.3°C (Helder) 🌕, 🧭 1023.4 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 4.0 km/u (1.1 m/s), richting: ← 105°
• 01:00: 4.7°C (Licht bewolkt) 🌕, 🧭 1023.4 hPa ➡️ 0.0 hPa/1h, Windsnelheid: 6.8 km/u (1.9 m/s), richting: ← 77°

Voorspelling voor de komende dagen:

• zaterdag 07 november: Min 2.4°C, Max 9.0°C (Lichte motregen) 🌦️, Neerslag 0.2 mm, Kans op neerslag 4%, 🧭 1022.9 hPa ➡️ 0.0 hPa/24h, Windsnelheid: 11.9 km/u (3.3 m/s), richting: ↖ 147°
• zondag 08 november: Min 6.4°C, Max 9.2°C (Bewolkt) ☁️, Kans op neerslag 13%, 🧭 1021.8 hPa ↘️ -1.1 hPa/24h, Windsnelheid: 17.3 km/u (4.8 m/s), richting: ↑ 187°
• maandag 09 november: Min 3.7°C, Max 9.9°C (Gedeeltelijk bewolkt) ⛅, Kans op neerslag 3%, 🧭 1018.8 hPa ↘️ -3.0 hPa/24h, Windsnelheid: 7.7 km/u (2.1 m/s), richting: ↖ 141°
• dinsdag 10 november: Min 2.7°C, Max 7.1°C (Mist) 🌫️, Kans op neerslag 1%, 🧭 1014.2 hPa ↘️ -4.6 hPa/24h, Windsnelheid: 13.6 km/u (3.8 m/s), richting: ← 89°
• woensdag 11 november: Min 4.6°C, Max 12.5°C (Lichte buien) 🌧️, Neerslag 11.7 mm, Kans op neerslag 25%, 🧭 1005.9 hPa ↘️ -8.3 hPa/24h, Windsnelheid: 13.4 km/u (3.7 m/s), richting: ↖ 146°
• donderdag 12 november: Min 8.0°C, Max 14.0°C (Matige motregen) 🌦️, Neerslag 5.8 mm, Kans op neerslag 38%, 🧭 999.6 hPa ↘️ -6.3 hPa/24h, Windsnelheid: 18.4 km/u (5.1 m/s), richting: ↑ 194°

Details:
• 🌡️ Huidige temperatuur (om 13:15): 8.6°C (Zonnig)
• 🤚 Gevoelstemperatuur: 6.6°C (-2.0°C)
• 💨 Windsnelheid: 7.6 km/u (2.1 m/s), richting: ↖ 119°
• 🌬️ Windstoten: 18.7 km/h (5.2 m/s)
• 💧 Luchtvochtigheid: 66%
• 🧭 Luchtdruk: 1023.4 hPa ↘️ -0.5 hPa/3h
• 👁️ Zichtbaarheid: 50.0 km
• ☀️ UV-index: 1.6
• 🌅 Zonsopgang: 07:45 · 🌇 Zonsondergang: 17:05

Luchtkwaliteit:
• AQI: 64 🟡 (Matig)
• PM2.5: 20.5 μg/m³
• PM10: 23.2 μg/m³

Gegevens geleverd door Open-Meteo



LIVE. Honderden activisten bezetten toekomstig datacentrum in Amsterdam

Social

Niet schrikken maar we schakelen over naar Amsterdam Sloterdijk, waar het HOMMELES is rond een bouwplaats. Die bouwplaats moet een DATACENTRUM van Microsoft worden maar dat vindt allemaal anti-AI-rapaille heel erg stom. Nou vinden wij AI ook weleens stom, maar anti-AI-activisme in 2026 heeft toch iets weg van anti-stoomtrein-activisme in 1839, hoewel we betwijfelen in hoeverre anti-stoomtrein-activisten in 1839 hun anti-stoomtrein-activisme richtten op het Midden-Oosten en daarbij ook nog allemaal leuzen van negentiende-eeuwse terreurgroepen bezigden. De bouwplaats is dus sinds vanochtend BEZET door HONDERDEN ACTIVISTEN en de politie vreest voor vernielingen met CHEMICALIËN. De ME had de boel aanvankelijk omsingeld maar toen werden ze plots alsnog vrijgelaten, waardoor het schorriemorrie over de hekken kon klimmen. Gaat lekker daar.

SocialSocial

FCK AI!

"FCK AI!" maar dan als Muppets

"FCK AI!" maar dan Sinterklaas

"FCK AI!" maar dan als AI-slop menukaart


Wel.nl

Minder lezen, Meer weten.

ACM-onderzoek mogelijk misbruik Biogen machtspositie MS-medicatie

DEN HAAG (ANP) - De Autoriteit Consument & Markt (ACM) is een onderzoek gestart naar geneesmiddelenfabrikant Biogen. Het bedrijf heeft mogelijk zijn machtspositie rondom medicatie voor multiple sclerose (MS) misbruikt. De waakhond onderzoekt de wijze waarop Biogen bloedtesten beschikbaar stelt. Dit kan gevolgen hebben voor prijs, aanbod en keuzevrijheid.

De Stratify-test is de bloedtest die wordt gebruikt bij MS-patiënten die worden behandeld met Tysabri. Tysabri bevat de werkzame stof natalizumab. Bij gebruik van medicijnen op basis van die stof bestaat een risico op een levensbedreigende hersenaandoening. Het risico daarop kan worden ingeschat aan de hand van die bloedtest. Deze test is uitsluitend beschikbaar voor patiënten die worden behandeld met het Biogen-medicijn of een behandeling daarmee overwegen. Doordat de test niet voor andere patiënten beschikbaar is, worden nieuwe en bestaande aanbieders mogelijk belemmerd om te concurreren, aldus de ACM.

De Italiaanse mededingingsautoriteit is een soortgelijk onderzoek begonnen naar Biogen.


Tesla stopt in Texas met productie Cybertruck

AUSTIN (ANP/RTR) - Tesla is van plan in de loop van volgend jaar te stoppen met de productie van de Cybertruck in zijn grote fabriek in Texas, heeft topman Elon Musk gezegd. Het futuristische model werd ooit aangeprezen als concurrent van de pickups van gevestigde autofabrikanten, maar slaagde er maar niet in de massamarkt te veroveren.

Op X schreef Musk dat de autofabrikant met het afbouwen van de productie ruimte maakt voor een hogere productie van de onlangs gepresenteerde Cybercab. De miljardair maakte dat model tot de kern van zijn ambitieuze plannen met zelfrijdende taxi's.

"De Cybertruck-vloot blijft nog lang rondrijden", heeft Musk ook gezegd. Hij noemde het "de beste auto die Tesla ooit heeft gemaakt" en sprak over "het einde van een tijdperk".

Bij de presentatie van de Cybertruck in 2023 bestempelde Musk de auto nog als een futuristische concurrent van de pickups van General Motors en Ford. Maar het voertuig heeft die verwachtingen niet waargemaakt. Het onconventionele ontwerp beperkte de kansen buiten de Verenigde Staten.


Douane waarschuwt: met deze vijf souvenirs uit het buitenland riskeer je een boete

Afgelopen week werden nog duizenden tarantula's onderschept door de Duitse douane. En de beveiliging van Schiphol vond deze zomer nog een levende python, verstopt in een beha, meldt de Douane. De meeste vakantiegangers smokkelen niets bewust het land binnen, maar het kan zomaar zijn dat je tegen een boete aanloopt met spullen waarvan je dacht dat het oké was om mee naar huis te nemen.

De regel is simpel: wat je niet aangeeft terwijl het wel moet, kost je de belasting plus een boete. Met deze vijf souvenirs gaat het het makkelijkst mis.

1. Aankopen boven €430 van buiten de EU

Kom je met het vliegtuig of de boot terug van buiten de EU, dan mag je per persoon voor €430 aan spullen belastingvrij meenemen. Wat erboven zit, geef je aan bij de uitgang met het bord “Goods to declare”, de rode doorgang.

Let op twee valkuilen: - Eén duur artikel. Koop je een horloge van €1.000, dan betaal je invoerrechten en btw over het hele bedrag, niet over de €570 boven de grens. - Samen optellen mag niet. Een stel met een tas van €800 kan die niet over twee vrijstellingen verdelen.

Ook wat je in een buitenlandse taxfreewinkel koopt, telt mee. Aankopen in een Nederlandse taxfreewinkel tellen niet, als je de bon bewaart. Binnen de EU geldt de grens niet.

2. Meer dan één slof sigaretten

Buiten de EU mag je vanaf 17 jaar één slof van 200 sigaretten meenemen, of 50 sigaren of 250 gram shag. Voor een extra slof betaal je ruim €100 aan belasting en zonder aangifte komt daar een boete bovenop. Ook Turkije en de Canarische Eilanden vallen hieronder.

Binnen de EU ligt de richtlijn op vier sloffen per persoon. Neem je meer mee, dan moet je met bonnen kunnen laten zien dat het voor jezelf is. Professionele smokkel staat bovenaan de lijst: de Douane voert de druk op tegen sigarettensmokkel, ook met een scanalgoritme op Schiphol.

Van buiten de EU (17+) Belastingvrij
Sigaretten 200 stuks (1 slof)
Sterke drank 1 liter, of 2 liter lichte drank of mousserende wijn
Wijn 4 liter (niet mousserend)
Bier 16 liter

Bron: Douane. Hoeveelheden per persoon.

3. Kaas, worst en ham

Vlees, melk, kaas en andere zuivel mogen niet mee uit een land buiten de EU. De Douane neemt ze in beslag en je kunt een boete krijgen. Chocolade, koekjes en snoep mogen wel, net als tot 2 kilo verpakte honing en tot 20 kilo vis zonder ingewanden.

Voor poedermelk voor baby’s geldt een uitzondering: dicht, ongekoeld en hooguit 2 kilo.

4. Koraal en schelpen

Deze zomer haalde de Douane koraal uit koffers van reizigers die terugkwamen uit Curaçao, Peru en de Seychellen. Ook souvenirs waarin koraal is verwerkt, zoals een armbandje, vallen eronder.

Koraal is beschermd en mag je niet zomaar meenemen.

Douane

Dat geldt ook voor andere beschermde dieren en planten. Op de lijst van verboden vondsten stond deze zomer ook vlees van de pekari, een beschermd wild zwijn uit Midden- en Zuid-Amerika.

5. €10.000 of meer aan contant geld of goud

Reis je met €10.000 of meer aan contant geld of goud de EU in of uit, dan geef je dat aan bij de Douane.

Namaak valt er overigens niet onder. Een nep-tas of nep-horloge voor jezelf of als cadeau mag je in je koffer meenemen, zegt de Douane. Verkopen mag niet en wie namaak online bestelt, kan het pakketje kwijtraken. Vlieg je met alleen een rolkoffer, check dan ook wat er nog gratis mee mag in je handbagage.

Meer weten?

Bronnen: Douane, Douane (zomervakantie), Nederland Wereldwijd


The Moscow Times - Independent News From Russia

The Moscow Times offers everything you need to know about Russia: Breaking news, top stories, business, analysis, opinion, multimedia

Rare Thundersnow Strikes Ural Mountains, Ripping Off Roofs and Causing Power Outages

At least one person was reportedly killed in a highway traffic accident in the Sverdlovsk region on Friday morning due to icy road conditions.

平安神宮

hiroki.sato has added a photo to the pool:

平安神宮

Mountains in the distance

Miffy_ has added a photo to the pool:

Mountains in the distance

With beautiful cloud coverage

Glass facade

Miffy_ has added a photo to the pool:

Glass facade

And reflections

The Register

Biting the hand that feeds IT — Enterprise Technology News and Analysis

Bank of England pours cold water on AI productivity boom

Despite the billions being thrown at artificial intelligence, the technology has delivered little in the way of productivity gains for UK businesses, according to the Bank of England. In its latest Monetary Policy Report, the central bank found that AI has increased UK productivity by an estimated 0.5 percent over the past three years. That works out to just 0.1 to 0.2 percentage points of additional annual productivity growth since early 2024, hardly the economic revolution Silicon Valley has been promising. "AI investment appears to be contributing somewhat to current demand strength, but so far there is only evidence of a modest AI-driven rise in UK productivity growth," the Bank said. Even industries supposedly best placed to benefit from the technology have little to boast about. Productivity growth has improved in AI-heavy sectors such as information and communications, but has yet to exceed pre-pandemic averages. That's not to say AI isn't doing anything for the British economy. The bank estimates that AI-related activity has accounted for just under a fifth of UK GDP growth since the beginning of 2026, though much of that appears to come from companies developing and deploying the technology rather than businesses becoming more productive by using it. "The contribution to growth from AI to date appears to reflect activity in the upstream development and implementation of AI technologies rather than broader gains from their adoption elsewhere in the economy," the report said. In other words, selling AI is proving rather more lucrative than actually using it, The bank also cautioned against giving AI too much credit for Britain's recent productivity improvements. Much of the increase appears to reflect businesses hiring fewer workers while output continues to grow, partly as companies unwind post-pandemic staffing decisions and respond to higher employment costs. And despite predictions that AI will make vast swathes of the workforce redundant, firms responding to the Bank's Decision Maker Panel survey reported virtually no overall impact on employment so far. The technology is, however, making some employers less inclined to hire new staff or replace those who leave. Other studies suggest businesses are still waiting for the payoff. A Gartner survey published last month found that while three-quarters of corporate board members expected AI to improve productivity and cut costs, just 3 percent of organizations had actually achieved their targets. Meanwhile, 38 percent were already over budget on AI spending, yet 85 percent planned to spend even more next year. Another study involving nearly 6,000 executives, published in February, found that more than 80 percent of firms had seen no discernible impact from AI on either employment or productivity. Apparently, the answer to disappointing returns is to keep writing checks. That growing disconnect between AI spending and actual returns has also caught the attention of financial watchdogs. The International Monetary Fund warned last month that the AI spending spree could come back to bite investors if the promised profits don't show up, potentially dragging the wider economy down with it. The Bank for International Settlements sounded a similar alarm in June, comparing the current spending spree to the dotcom boom of the 1990s. Its concern is that tech giants are committing enormous sums to infrastructure on the assumption that AI will eventually deliver equally enormous returns, leaving them exposed if reality fails to cooperate. However, AI is already making its presence felt in one area: prices. The Bank of England noted that surging demand for AI-related products, including memory chips, has pushed up export prices in China and other Asian economies, raising import costs for Britain. So while businesses are still waiting for their AI-powered productivity windfall, the costs of the boom are already making their way through the economy. The bank isn't writing off the technology just yet. Businesses surveyed expect AI to add around 0.9 percentage points to annual productivity growth over the next three years, with the gains split roughly equally between faster output growth and slower employment growth. It seems the AI industry's most impressive productivity achievement is convincing businesses to keep opening their wallets. ®