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On Society

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Originally published April 23, 2012
Authors Bryan Turner
Anthony Elliott
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About On Society


Society' is one of the most frequently used words in public life; it is also a foundational term in the social sciences. In our own time, however, the idea has never been so much in dispute and so little understood. For some critics, society is simply too consensual for a world of intensive discord. . . .

Eighteen members of County lines drugs gang sentenced

Eighteen members of County lines drugs gang sentenced
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... Judge Anna Richardson said drugs had a " devastating impact" On Society...

Tesco staff offered body cameras over crime fears

Tesco staff offered body cameras over crime fears
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... " Crime is a scourge On Society, and an insult to shoppers and retail workers...

The Blackening: Film challenges horror movie tropes

The Blackening: Film challenges horror movie tropes
Aug 24,2023 9:21 pm

... It s visibly aware of its comment On Society and blackness and brings up the question, how black is black enough to survive the Blackening? The early portrayal of black people in Hollywood stems back to the 1915 film Birth of A Nation...

Sudha Murty: Why her comment over spoons divided Indians

Sudha Murty: Why her comment over spoons divided Indians
Jul 29,2023 2:01 am

... Even though discrimination on the basis of caste has been illegal for decades now, its stranglehold On Society continues with those at the bottom of the system continuing to report discrimination and exclusion...

UK weather: hottest June since records began - Met Office

UK weather: hottest June since records began - Met Office
Jul 3,2023 9:10 am

... " That s significant in a warming climate and because of the consequential impacts On Society, " he added...

Covid inquiry: Failure to consider 'potentially massive impact' of lockdown

Covid inquiry: Failure to consider 'potentially massive impact' of lockdown
Jun 13,2023 12:30 pm

...By Jim Reed and Michelle RobertsBBC NewsThe " potentially massive impact" of lockdowns On Society was not thought through in 2020, the lead lawyer for the Covid inquiry has said...

Affirmative action: Why this teen says he was rejected by top US colleges

Affirmative action: Why this teen says he was rejected by top US colleges
Jun 7,2023 10:21 pm

... " The worry that myself and many other Asian Americans have is that when admission officer sees Patel, when he sees a Lee, when he sees a Kim, when he sees any Asian last name, basically the image that comes up is kid just sitting in his school on classes studying away math, and not doing anything that has an impact On Society, " he said...

Nvidia valued at $1 trillion thanks to AI boom

Nvidia valued at $1 trillion thanks to AI boom
May 30,2023 1:20 pm

... The firm also faces ethical issues, such as whether it should vet the AI products for which it produces chips, amid swirling concerns about the impact of AI On Society...

Nvidia valued at $1 trillion thanks to AI boom

Mar 12,2023 10:21 pm

By Natalie Sherman & Zoe KleinmanBBC News

The elite club of US companies worth More Than $1 trillion officially has a new member: chip maker Nvidia.

The share price of the California-based firm shot past $412 on Tuesday, having risen by More Than 30% since last week.

It Comes after The Company shocked analysts, forecasting " surging demand" due to advances in Artificial Intelligence (AI).

Apple, Amazon, Alphabet and Microsoft are among The Other publicly traded US firms worth More Than $1tn (£800bn).

Founded in 1993, Nvidia was originally known for making The Type of computer chips that process graphics, particularly for computer games.

The Firm 's affable co-founder Jensen Huang took a punt by investing in added functionality for Nvidia chips long before the AI Revolution - a long game that appears to have paid off.

Its hardware underpins most AI applications today, with one report suggesting it has cornered 95% of The Market for Machine Learning .

ChatGPT, the chatbot that sparked AI fervour with its launch Last Year , was trained using 10,000 of Nvidia's graphics processing units (GPUs) clustered together in a supercomputer belonging to Microsoft.

Over The Past 12 Months , Nvidia's share price has More Than doubled, as investors bet The Company will profit as AI ushers in The Next wave of tech advances.

" We view Nvidia at The Core hearts and lungs of the AI Revolution , " Wedbush Securities analyst Dan Ives wrote last week, after The Firm told investors it expected to bring in $11bn in sales in the three months to August - almost 50% More Than analysts had expected.

Living up to The Promise of its lofty valuation could prove difficult, however.

Though Nvidia boomed during the pandemic, its overall revenue growth was flat Last Year , while profits were cut in half.

There are questions about whether Nvidia can keep up with demand, especially as rivals AMD and Intel race to develop their own offerings, and start-ups emerge.

The Firm also faces ethical issues, such as whether it should vet the AI products for which it produces chips, amid swirling concerns about the impact of AI On Society .

At current prices, Nvidia boasts a market value More Than eight times higher than that of Intel. That's despite Intel reporting More Than $63bn in revenue Last Year , compared with Nvidia's $27bn.

Geir Lode, head of global equities at Federated Hermes, said the magnitude of the recent leap in Nvidia's share price was " an astonishing surprise even to techno-optimists".

" Artificial Intelligence is The Next super charged growth area, and we expect this is just The Beginning , " Mr Lode said. " We know growth will be there, but valuations can be hard to justify. "

Investor Cathie Wood , chief executive of Ark Invest, who is known as a tech booster, sold her stake in Nvidia in January, missing the gains made since then.

She recently that The Firm 's shares were " priced ahead of the curve". She Said markets were making a mistake to think The Company was " the only AI play".

In The Past , investors have not hesitated to sour on former favourites.

Facebook-owner Meta, which joined the $1tn club in 2021, was booted out just a few months later, as its shares lost roughly three quarters of their value. It is valued at about $670bn today.

Communications giant Cisco was also seen as a likely trillion dollar club member during the dotcom tech bubble of the late 1990s. But that bubble burst and The Firm is valued at about $200bn today.

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Source of news: bbc.com

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