News & Comments

An attempt to lower NZ electricity prices could end up doing the opposite – here’s why

In its quest to lower electricity prices for New Zealand households, the Electricity Authority may inadvertently make the situation worse.

This week, the authority announced plans to require New Zealand’s “gentailers” – firms that both generate electricity and retail it to consumers – to offer the same supply terms to independent retailers as they do to their own retail arms.

If AI takes most of our jobs, money as we know it will be over. What then?

It’s the defining technology of an era. But just how artificial intelligence (AI) will end up shaping our future remains a controversial question.

For techno-optimists, who see the technology improving our lives, it heralds a future of material abundance.

That outcome is far from guaranteed. But even if AI’s technical promise is realised – and with it, once intractable problems are solved – how will that abundance be used?

Pages

Subscribe to News & Comments