https://x.com/NOELreports/status/1808141270172279197
“A.I. Begins Ushering In an Age of Killer Robots”
“In a field on the outskirts of Kyiv, the founders of Vyriy, a Ukrainian drone company, were recently at work on a weapon of the future.
To demonstrate it, Oleksii Babenko, 25, Vyriy’s chief executive, hopped on his motorcycle and rode down a dirt path. Behind him, a drone followed, as a colleague tracked the movements from a briefcase-size computer.
Until recently, a human would have piloted the quadcopter. No longer. Instead, after the drone locked onto its target — Mr. Babenko — it flew itself, guided by software that used the machine’s camera to track him.
The motorcycle’s growling engine was no match for the silent drone as it stalked Mr. Babenko. “Push, push more. Pedal to the medal, man,” his colleagues called out over a walkie-talkie as the drone swooped toward him. “You’re screwed, screwed!”
If the drone had been armed with explosives, and if his colleagues hadn’t disengaged the autonomous tracking, Mr. Babenko would have been a goner.”
AI would incorporate ability to EID friend or foe.
Centroid tracking was early 1970s.
https://x.com/NOELreports/status/1808141270172279197
Its almost comical that 8% was considered a good deal. Now at 20%. 20% for a mortage. It won’t end well.
“Russia Ends Housing Mortgage Subsidy That Stoked a Property Boom”
“Russia is winding down a costly program of mortgage subsidies that’s fueled a property boom in the face of the Covid-19 pandemic and the war in Ukraine.
The program provided mortgages at 8% interest even as the Bank of Russia has hiked the base rate to twice that level to battle accelerating inflation. It prompted criticism from Governor Elvira Nabiullina about the distorting effect of the subsidies for newly built properties that drove up prices, enriched developers and brought housing affordability to multi-year lows.
With state support ending for most eligible groups from Monday, the real estate market that’s been one of the key drivers of Russia’s wartime economy faces months of uncertainty. Banks offer unsubsidized mortgages at 17%-20% interest, more than doubling the monthly payments compared to the state program and making them too costly for most Russians.
“We can expect a stalemate in the next 6-8 months while the population gets used to the new market conditions,” said Pavel Shashkov, an analyst at Moscow-based consultant Yakov & Partners. New construction will slow amid low sales and a drop in flows to developers’ escrow accounts, though a decline in prices is unlikely, he said.”