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Decline

🇪🇺 🇺🇸 🇨🇳 If China is rising and America stagnating, Europe is gambling with a steep, shocking decline into poverty and irrelevance. | Palladium Magazine

🔶️ Energy scarcity, aging workforces, and institutional paralysis don't combine to create social-democratic utopia but a closed, deindustrializing society:

🔶️ Europe has set itself up to lose the two most basic ingredients for industrial competitiveness and sustainability: cheap energy and cheap labor.

🔶️ You can maybe maintain an industrial society by offsetting one against the other, but to maintain one with neither is ludicrous.

🔶️ China has coal. America has fracking. But Europe's energy strategy is to install solar panels on the world's least sunny continent and build windmills that don't make sense anywhere in the world.

🔶️ This is almost explicitly the opposite of a strategy for cheap energy.

🔶️ European countries have banned fracking and failed to pursue oil and gas exploration opportunities, while the deal for cheap Russian gas has been exploded by war in Ukraine.

🔶️ Meanwhile, Germany shut down its nuclear plants and other countries are planning to follow.

🔶️ That some peripheral European economies like Finland, Poland, or Romania are pursuing new nuclear plants just underscores the problem of a future without nuclear in larger economies like Germany, Italy, and Spain.

🔶️ Except for Japan and South Korea, the world's oldest countries are all European. Nor are European fertility rates anything to brag about.

🔶️ There is no amount of immigration that can make up for such wide and deep aging of the workforce.

🔶️ Aging populations and social democratic entitlements might work with a growing economy, but without it, they just lead to a dysfunctional, extractive political economy where the old oppress the young.

🔶️ The resulting political gridlock and institutional paralysis is perhaps Europe's single biggest problem, because it makes solutions and reforms extremely hard to implement.

🔶️ Europe's energy crisis, for example, could be solved almost literally just with a few strokes of a pen.

🔶️ This looming European decline is not a cause for celebration in America or China. Europe is not a cautionary tale, but the canary in the coal mine for aging industrial societies that do not reform.

https://fxtwitter.com/palladiummag/status/1818979675034501428

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🇨🇩⚡️

Unserious news, a bridge build by the Congo's president's construction company collapsed on its opening day.

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Euthanasia

16,499 people died by euthanasia in Canada in 2024, accounting for 5.1% of all deaths in the country.

According to the latest report on “medical assistance in dying” (MAiD) from Health Canada released at the end of last month, there was a 6.9% increase in state-assisted deaths in Canada in 2024.

In 2024, although assisted suicide is permitted, in which the person who wishes to end their own life self-administers the lethal substance, there was not a single case of assisted suicide. Instead, every single person who died under Canada’s MAiD programme died by euthanasia. In 2023, there were fewer than five instances of assisted suicide.

There have been a total of 76,475 instances of euthanasia and assisted suicide since they were made legal in Canada in 2016.

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Euthanasia

Posters have appeared on the New York subway offering would-be parents the opportunity to "genetically optimise" their future baby.

By signing up to their $8,999 service, Nucleus Genomics will profile the full DNA sequence of up to 20 embryos for couples undergoing IVF.

The New York start-up's slick app then allows would-be parents to review their brood for known disease genes, conditions like autism and ADHD, as well as traits like eye colour, height, and intelligence.

Peter Thiel, who shares similar views to Musk on the topic, supported the start-up through his Founders Fund. – Article

OpenAI's Sam Altman has also invested in gene-editing startup, Preventive, to eliminate gene-hereditary diseases from babies.

The first successful IVF (test tube baby) occurred in 1978. The place, perhaps appropriately, considering English author Aldous Huxley’s Brave New World, was England.

The irreversible transformations to the human genome will make the 4IR a pandora’s box.

👀 – ...

AI INFLUENCERS

AI influencers are now boasting personalities, backstories and even making ill-advised decisions

Aitana Lopez is an AI influencer who makes as much as $11,000 per month.

She’s part of a new breed of digitally created avatars winning the battle for the public’s attention, joined by the likes of chart topping “singers” Solomon Ray and Breaking Rust and “blonde bombshell” Mia Zelu, who stole the show at the Wimbledon tennis tournament — even though she wasn’t physically there.

Aitana has made promo videos for Amazon, while huge global brands such as Calvin Klein, Prada, Samsung and YouTube have all used AI influencers.

AI generated Christian recording artist Solomon Ray topped the Billboard gospel charts with his song “Find Your Rest.” He’s cleverly billed as a “Mississippi-made soul singer,” and has over 500,000 monthly listeners on Spotify.

One of the most followed AI influencers, Lil Miquela, caused serious backlash when she posted about being diagnosed ...

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