Source: World Economic Forum (video statements)
This week’s top stories of the week include:
00:14 – This firm slashes steel emissions: Hertha Metals has developed a single-stage steelmaking process that replaces the high-carbon, high-emission metallurgical coal traditionally used in steel production with either natural gas or hydrogen. Using natural gas cuts emissions by half, and using clean hydrogen, as is Hertha’s eventual aim, eliminates CO2 emissions altogether. Here, founder and CEO Laureen Meroueh explains how the process works.
03:01 – What is physical AI?: ‘Physical AI’ sits at the convergence of robotics, AI, spatial intelligence and omni-computing, and is enabled by sensors and control systems, which allow it to interact with its surroundings. Here, Peter Koerte, CTO and CSO of Siemens, explains how making the most of physical #AI will require a new approach from business leaders – one founded on cooperation and #interoperability.
05:42 – Explaining the global energy supply shock: The US-Iran war has triggered the largest oil supply disruption the world has ever seen. Jason Bordoff, Director of the Center on Global Energy Policy at Columbia University, talks us through the potential ramifications of the squeeze, comparing it to the ‘collective trauma’ of the 1973 oil crisis, which shaped US energy policy for decades.
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