Rising prices for RAM and flash chips, fueled by surging demand from AI data centers, could lead to the “death” of entire product lines — and even bankrupt companies unable to secure supply. That stark warning came from Pua Khein-Seng, CEO of Phison, a key manufacturer of SSD and flash memory controllers, in a television interview.
Bill Gates unexpectedly canceled his keynote appearance at the India AI Impact Summit 2026, which had been scheduled for Thursday, February 19, in New Delhi. The billionaire philanthropist’s decision came in the final hours before the planned speech and is one of several high-profile cancellations at a summit that had already faced organizational challenges.
Despite growing investment in artificial intelligence and widespread enthusiasm about its potential, many CEOs say AI has not yet translated into measurable gains in productivity or employment, while some experts and public figures argue that mass white-collar layoffs may be closer than expected. Together, these two trends — an apparent “productivity paradox” and mounting labor-market concerns — paint a complex picture of AI’s economic impact.
Technology and international policy expert Dex Hunter-Torricke has announced the launch of Center for Tomorrow, a global nonprofit organization designed to develop strategies and solutions for societies facing the rapid acceleration of artificial intelligence. The initiative is intended to combine research, public debate, and practical action focused on the future of technology and its global impact.