🦅 US Export Controls Shake Up Global Semiconductor Supply Chains 🌐

In today’s email:

• 🔬 Research highlights: IGZOing Above and Beyond: New AI Semiconductor Device Developed by POSTECH Researchers

• 🚨 Industry news: Chip Shift: South Korea to Overtake China in Spending on Advanced Equipment

• ⏰ AI startup idea of the day: AI to the Rescue: Protecting $18 Trillion in Customer Deposits

• 🌐 AI and society: Is Poetry Doomed? The Efficiency Obsession Threatening Creativity

⚙️ IGZOing Above and Beyond: New AI Semiconductor Device Developed by POSTECH Researchers 🔬

• Researchers at POSTECH have developed a new AI semiconductor device using IGZO, a semiconductor used in OLED displays

• The new AI synaptic device is composed of two transistors connected through a storage node, allowing for high-level performance and meeting varied performance metrics

• The device offers a solution to the limitations of traditional AI semiconductor technologies, including increased power consumption and delays

• IGZO is a suitable material for AI computations that is mass-producible, uniform, durable, and offers computing accuracy

• The device also minimizes output current, making it ideal for large-scale AI systems

• The researchers were able to train and classify handwritten data using the new synaptic device, achieving an accuracy of over 98%

• The success of this new AI semiconductor technology has great potential to improve the efficiency and accuracy of AI.

🧠 You Should Know

💡 The global artificial intelligence chip market is expected to increase at a compound annual growth rate (CAGR) of 48.8% from $15.65 billion in 2022 to $23.29 billion in 2023.

💡 The artificial intelligence chip market is estimated to reach $88.85 billion by 2027, growing at a 39.8% CAGR.

🦾⚙️ Chip Shift: South Korea to Overtake China in Spending on Advanced Equipment

South Korea is expected to outspend China in advanced chip-making equipment spending next year as US export limits restructure global semiconductor supply networks. South Korea is anticipated to expand its investment in fab equipment by 41.5% to $21 billion in 2024, according to data from SEMI, a worldwide semiconductor association based in the United States. In contrast, China is only expected to increase by 2% to $16.6 billion.

This shift highlights China's effort to get critical machines to develop its chips as US restrictions make access to equipment purchased from a few manufacturers more difficult. Nevertheless, American chip-making equipment companies such as Applied Materials, Lam Research, and KLA are anticipated to lose billions of dollars in sales this year due to US trade restrictions with China.

Chip foundries are especially vital in the struggle for economic and political domination because they manufacture cutting-edge chips for artificial intelligence, self-driving vehicles, and other technologies critical to increasing national competitiveness.

🧠 You Should Know

💡 South Korea says it would develop a massive computer chip manufacturing complex in the greater Seoul area, with a $230 billion investment from memory chip giant Samsung Electronics.

⛑️ AI to the Rescue: Protecting $18 Trillion in Customer Deposits

Customer deposits in US financial institutions total $18 trillion. According to J.P. Morgan, $1 trillion has flowed out of weak banks since 2022, with $500 billion occurring between March 18th and March 25th during the SVB collapse.

Confidence is waning in banks; improved security and analysis are one way to ease customers' faith in financial institutions.

AI-Enhanced Authentication Platform: A startup specializing in innovative AI-powered biometric authentication technologies for banks and financial institutions. This platform could include facial recognition, voice recognition, and behavioral analysis tools to improve customer account security and protect deposits from unwanted access.

Introducing, AuthentiGuard: AI-Enhanced Authentication Platform

⚠️Is Poetry Doomed? The Efficiency Obsession Threatening Creativity 🎨

The application of generative AI in the arts has prompted concerns about the nature of creativity, authenticity, and economic value. While some believe that technology democratizes access to creative expression, others are concerned about exploitation and bias amplification. Furthermore, generative AI may endanger national security by changing civic imagination and influencing beliefs and worldviews.

Opponents dispute whether efficiency and scale considerations should be used in creative processes, given that creative expression has historically been seen as a distinctive attribute of humanity and the pinnacle of human achievement.

Finally, whether generative AI can meet this requirement remains to be shown.

🐦 #SocialScene

Meme of the day: AI Stole My Job

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