Futurism: China’s Electric Car Industry Is in Deep Trouble

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Price Wars

Sep 4, 9:14 AM EDTbyNoor Al-Sibai

China’s Electric Car Industry Is in Deep Trouble

“This is a race to dominate, not a race to profitability.”

/ Advanced Transport/ BYD/ China/ Economy

Yang Haiyong / VCG via Getty

Image by Yang Haiyong / VCG via Getty

China’s electric vehicle industry is, by most accounts, experiencing unprecedented boom times: the cars are cheaper, consumers more primed to purchase them, and there are lots of viable options outside of Tesla.

Unfortunately, that competition comes with a price — or rather, with a price war. As the New York Times reports, rabid competition among about 50 of the country’s top EV automakers has led to repeated price-slashing in a manic hunt for new buyers. As those manufacturers race to the bottom, it’s causing an immense financial squeeze: many have started having trouble paying their suppliers to meet demand, instead imploring state-run banks to help them build more factories.

In other words, it’s a startling reversal of expectations: in China, the world’s largest communist country, an unfettered free market is driving down prices so far that it’s threatening the auto sector; in the United States, which has long championed the capitalism, the auto industry is run entirely by established players, and required a massive bailout in late 2008 to keep it and the economy afloat.

Authorities in China, which does money and manufacturing very differently, are clearly hoping to avoid a similarly expensive and embarrassing crisis. The Chinese government has begun campaigning against what is, as the NYT reported in a July story about the issue, widely known there as “involution”: a cycle of excessive competition leading to unsustainable deflation, or lowered prices.

Pitched as something that would benefit both the country’s EV industry and its economy, the anti-involution push hasn’t exactly borne any fruits just yet.

As the Associated Press reported back in June, 17 Chinese automakers — including BYD, which surpassed Tesla as the world’s largest EV manufacturer in 2024 — pledged that they would pay their suppliers within 30 days of parts received. A recent compliance report, the NYT notes, shows that that hasn’t yet happened, and only three automakers that are either partially or fully state-owned had set up payment plans.

A huge part of the involution problem — which economists say hurts other industries, including steel, batteries, and petrochemicals, among others — appears to be that China’s EV industry writ large seems to have inherited a toxic worldview from Elon Musk, whose Tesla investments in the country laid the groundwork for EV manufacturing.

“This is a race to dominate, not a race to profitability,” said Bill Russo, the CEO of the Shanghai EV consulting firm Automobility, in an interview with the NYT.

Much like the rash of AI startups in the US that will invariably peter out before long, China’s booming EV industry is likely to shrink by the end of the decade. According to a recent prediction from the global consulting firm AlixPartners, only about 15 percent of the 129 brands full or partial electric vehicle brands recorded in China last year will still be making money in 2030.

Stephen Dyer, the head of AlixPartners’ Asian automotive arm, suggested that although “more than that [number of Chinese EV makers] will keep going,” many “will require deep-pockets investors to keep them going.”

In the meantime, Beijing is concerned that if EV manufacturers keep borrowing from state-run banks to keep building more and more cars with more and more bells and whistles — BYD’s luxury Fangchengbao Bao 8 SUV, for instance, has a dashboard-controlled drone that takes off from the roof and sends its AI-enhanced footage to the driver’s phone — it could result in an economic crisis.

And if you’re concerned about the wellbeing of the global economy, you’d better hope it doesn’t come to that.

More on Chinese EVs: China Is Using Trump’s Tactics Against Him to Corner the EV Market

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“Douglas Murray WARNS Something Horrifying is Going Down in Britain…”

Rabbi Dovid Vigler

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Tolstoy … Depression … what people may not know!

SlavicFreeSpirit

@SlavFreeSpirit

“The man in this picture is not a pauper, nor a beggar, nor a vagabond. This is Leo Nikolayevich Tolstoy – a giant of Russian and world literature. At the age of fifty, Tolstoy fell into a deep depression. There was no external cause – he had everything. He was a count, rich, famous, recognized. But inside him, something was dying. Day by day, sadness grew, and life lost its color.

At the age of fifty, Tolstoy discovered how power is powerless in the face of sadness. “Money is nothing. Power is nothing,” he wrote. “I have seen many who have both, and yet are unhappy. Even health is not decisive – the sick often have the will to live, and the healthy are paralyzed with fear.” One day, walking along Afanasyevskaya Street in Moscow, he saw an orphan. A child, barefoot, lost, without any support. Tolstoy approached, without a word, and took him with him. That evening, for the first time in a long time, he felt peace. He forgot about himself, his problems, his sadness. At that moment, something broke inside him. From that day on, he renounced the clothes of a gentleman, luxury, privileges. He began to live simply, to share what he had with those who had nothing. He no longer talked about religion, charity, love – he demanded that all this be shown in deeds. “Don’t talk to me about religion,” he said, “show me religion in your actions.”

Tolstoy became the first great theorist of nonviolence, he preached brotherhood among nations, and his ideas later deeply influenced Mahatma Gandhi. Until the last day of his life, he continued to help others. Many called him crazy for this.

In a world where all that matters is having – things, people, power – in a world where everyone wants to take, and no one knows how to give, Tolstoy seemed like a madman. Once a friend, rich and respected, said to him: “What is the point of all this? Why do you care about others? You should think about yourself.” Tolstoy replied: ‘If you feel pain, you are alive. If you feel someone else’s pain, you are human.'” ~ N. N. Good night brothers and sisters

🙏

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Claire Waxman OBE appointed as Victims’ Commissioner. Ireland should follow this lead from Gov. UK. We need a Victims’ Commissioner

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Claire Waxman OBE appointed as Victims’ Commissioner

The Lord Chancellor and Secretary of State for Justice has approved the appointment of Claire Waxman OBE as Victims’ Commissioner. From:Ministry of Justice Published4 September 2025

The Lord Chancellor and Secretary of State for Justice, in consultation with the Attorney General and the Home Secretary, has approved the appointment of Claire Waxman OBE as Victims’ Commissioner from 1 January 2026 for three years.

The role of the VC is to promote the interests of victims and witnesses of crime and anti-social behaviour, to encourage good practice in their treatment, and to keep under review the operation of the Victims’ Code, which sets out the services victims can expect to receive from the criminal justice system.

Claire Waxman OBE Biography

Claire Waxman OBE is the Victims’ Commissioner for London, and since her appointment by the Mayor of London in 2017 has undertaken an ambitious programme of work. Ms Waxman works alongside victims and survivors, amplifying their voices and promoting their interests throughout the criminal justice journey; ensuring their experiences are used to inform and shape practices, policies, and service provision. 

Her achievements in the role include convening London’s first ever Victims’ Summit, the first of three; publishing the Victims’ Code of Practice Review, two London Rape Reviews, and the London Stalking Review; holding a series of roundtables to better understand the experiences of specific groups of victims; and successfully lobbying for key changes to legislation including the Domestic Abuse Act, Police Crime Sentencing and Courts Act, and Victims and Prisoners Act.

She recently published the Victim Attrition Review, commissioned especially to better understand when and why victims are withdrawing from the criminal justice process.

Ms Waxman was awarded an OBE in the 2022 New Year’s Honours for services to victims of crime. 

This appointment is made by the Lord Chancellor and Secretary of State for Justice under Section 48 of the Domestic Violence, Crime and Victims Act 2004, and is regulated by the Commissioner for Public Appointments. The appointment has been made in line with the Governance Code on Public Appointments.

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The Deep View: President Donald Trump … Blame it on AI


AI IMPLICATIONS Trump’s latest defense: Blame it on AI


President Donald Trump is blaming AI for a viral video showing trash bags being tossed out of a White House window, even after his own press team offered a conflicting explanation. The clip posted on X shows trash bags flying from a top-floor window inside the president’s residence. Shared by thousands, the video itself has been viewed more than 10 million times.

PatriotTakes @patriottakes What is going on here? 1:06 PM • Sep 1, 2025  10.4K Likes   2.14K Retweets  1.57K Replies

At a Tuesday press briefing in the Oval Office, Trump dismissed the video, saying “that’s probably AI-generated.”“Actually, you can’t open the windows. You know why? Because they are all heavily armored and bulletproof.” Trump went on to say the first lady had complained that she couldn’t let fresh air in because the windows are sealed, bulletproof, and each weighs about 600 pounds, so “you have to be pretty strong to open them up.” Watching the video from a reporter’s phone, Trump seized the moment to make a wider point about the problems with AI.  “It’s the kind of thing they do. And one of the problems we have with AI, it’s both good and bad. If something happens really bad, just blame AI. But also they create things … I saw something as I was growing up from the time I was a baby till now. I said, ‘who did that?’ It was AI-generated. So, it’s a little bit scary to be honest with you.”  President Donald TrumpTrump’s latest AI defense fits a familiar pattern of the president using technology as a scapegoat during viral moments or political controversy. In August 2024, during his presidential campaign, Trump falsely accused Kamala Harris of using AI to inflate the size of the crowd at her rally in Detroit earlier that month. While running for the GOP nomination in 2023, he took to the platform accusing his opponents of using AI “in their fake television commercials” to make him look “pathetic.” Yet it’s not all about accusations. In May, Trump signed the Take It Down Act into law, criminalizing the publishing of revenge porn, including AI-generated deepfakes, a key initiative by the first lady to protect victims of digital exploitation.

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Neuroscience News: Brain and extinguishing Fear Memories

How the Brain Extinguishes Fear Memories

FeaturedNeuroscience

·September 3, 2025

Summary: Scientists have, for the first time, identified the brain signals linked to extinguishing fear memories in humans. Using implanted electrodes and advanced Representational Similarity Analysis, they showed that theta activity in the amygdala increases when previously unpleasant cues are re-learned as safe.

These extinction memories were found to be highly context-specific, explaining why fear often returns once therapy ends. The findings open new avenues for therapies targeting fear-related disorders like PTSD and anxiety.

Key Facts:

  • Amygdala Activity: Fear extinction triggered increased theta oscillations, signaling safety learning.
  • Context-Dependence: Extinction memories were highly tied to therapeutic contexts, explaining relapse outside them.
  • Validation in Humans: First direct evidence in humans confirming mechanisms previously shown in animal models.

Source: UAB

Suppression of fear-related memories after unpleasant experiences is very critical for adaptive behaviour, as it allows one to inhibit responses that could lead to psychiatric problems such as anxiety or depression.

Recent theories propose that the extinction of these memories takes place when new, highly context-dependent memories that suppress the initial fear response are created.

Electrophysiological experiments on mice support this theory, and show a relationship between certain oscillations of signals recorded in the brain regions of the amygdala and hippocampus with the learning and extinction of fear-response memories.

This shows a brain.
The study provides a detailed characterisation of the neural representations involved in the formation and extinction of associative memories. Credit: Neuroscience News

However, this relationship has so far not been confirmed in the human brain.

In an article published recently in Nature Human Behaviour, researchers at the Universitat Autònoma de Barcelona and Ruhr-Universität Bochum, Germany, describe for the first time the electrophysiological signals associated with the extinction of aversive memories in humans.

Researchers employed a powerful technique to study the characteristics of human memory called Representational Similarity Analysis (RSA), which provides information on how brain regions represent information.

“The technique allows us to achieve a more detailed and mechanistic understanding of episodic memories, overcoming traditional approaches based solely on brain activation”, explains Daniel Pacheco-Estefan, first author of the paper and researcher at the UAB Department of Basic, Developmental and Educational Psychology.

The study provides a detailed characterisation of the neural representations involved in the formation and extinction of associative memories.

Researchers used a novel experimental design that included multiple cues and contexts in each phase of the experiment (memory acquisition, memory extinction and testing). This allowed them to study the representations underlying classical conditioning in humans and to validate, for the first time, hypotheses derived from studies in animal models.

The study involved the participation of 49 epileptic patients who had already had electrodes implanted – for the treatment of the disease – in the brain area related to fear memories and the extinction of these memories.

The patients were shown a series of neutral images (a hair dryer, a fan and a toaster), associating some of them with an unpleasant stimulus (a sound), while the brain activity was recorded. Later, the procedure was repeated, but this time without associating the images with the aversive stimulus, in order to promote the extinction of aversive memories.

Among the main findings, researchers observed an increase in theta activity – a type of oscillatory signal emitted by the brain’s electrical activity – in the amygdala – a key structure in the coding of emotional states – when previously unpleasant stimuli were presented during extinction learning, suggesting a safety signal.

In addition, they observed higher representational similarity between items that were punished during extinction, i.e., those that had been associated with negative sounds.

“This result is consistent with previous research that has identified a generalised representational signature for unpleasant memories, which favours their involuntary reappearance in all kinds of situations in subjects who have undergone traumatic experiences”, emphasises Daniel Pacheco-Estefan.

The study also shows that extinction memories are highly dependent on the context in which they are formed. Retrieval of fear memory is more likely than that of safety memory during the test phase, when representations of extinction contexts are more pronounced and specific during extinction.

For Pacheco-Estefan “this finding has relevant implications for understanding why fear memories that have already been extinguished, return once patients are out of the therapeutic context”.

Nikolai Axmacher, coordinating researcher at RUB, adds: “It seems that extinction memories are stored like memories of unique episodes – for the patient, the safe situation may be regarded as an exception that is unlikely to repeat.”

Overall, these pioneering results open new paths to investigating the fundamental mechanisms of episodic and autobiographical memory in humans, and “could inspire the development of more effective therapeutic interventions in patients with post-traumatic stress or anxiety disorders”, concludes the UAB researcher.

About this memory and neuroscience research news

Author: Octavi Lopez
Source: UAB
Contact: Octavi Lopez – UAB
Image: The image is credited to Neuroscience News

Original Research: Open access.
“Representational dynamics during extinction of fear memories in the human brain” by Daniel Pacheco-Estefan et al. Nature Human Behavior


Abstract

Representational dynamics during extinction of fear memories in the human brain

Extinction learning—the suppression of a previously acquired fear response—is critical for adaptive behaviour and core for understanding the aetiology and treatment of anxiety disorders.

Electrophysiological studies in rodents have revealed critical roles of theta (4–12 Hz) oscillations in amygdala and hippocampus during both fear learning and extinction, and engram research has shown that extinction relies on the formation of novel, highly context-dependent memory traces that suppress the initial fear memories.

Whether similar processes occur in humans and how they relate to previously described neural mechanisms of episodic memory formation and retrieval remains unknown. Intracranial EEG recordings in epilepsy patients provide direct access to the deep brain structures of the fear and extinction network, while representational similarity analysis allows characterizing the memory traces of specific cues and contexts.

Here we combined these methods to show that amygdala theta oscillations during extinction learning signal safety rather than threat and that extinction memory traces are characterized by stable and context-specific neural representations that are coordinated across the extinction network.

We further demonstrate that context specificity during extinction learning predicts the reoccurrence of fear memory traces during a subsequent test period, while reoccurrence of extinction memory traces predicts safety responses.

Our results reveal the neurophysiological mechanisms and representational characteristics of context-dependent extinction learning in the human brain.

In addition, they show that the mutual competition of fear and extinction memory traces provides a mechanistic basis for clinically important phenomena such as fear renewal and extinction retrieval.

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Web Pro News: OpenEvidence AI Startup Targets $6B Valuation in Health Tech Surge

OpenEvidence AI Startup Targets $6B Valuation in Health Tech Surge

OpenEvidence, a three-year-old AI startup offering a ChatGPT-like tool for doctors to synthesize medical research, is considering investments valuing it at $6 billion, doubling its July 2025 valuation amid surging health AI interest. Founded via Mayo Clinic, it partners with NEJM and serves thousands of physicians. Rapid growth highlights AI’s potential in healthcare, despite regulatory challenges.

OpenEvidence AI Startup Targets $6B Valuation in Health Tech Surge

Written by Lucas Greene

Tuesday, September 2, 2025

In the fast-evolving world of health-care artificial intelligence, OpenEvidence has emerged as a standout player, drawing significant investor interest amid a surge in valuations for AI startups. The three-year-old company, which provides a ChatGPT-like tool designed specifically for doctors to access and synthesize medical information, is now weighing multiple investment offers that could value it at $6 billion. This comes just a month after its last funding round, highlighting the rapid pace of growth in the sector.

Founded with roots in the Mayo Clinic Accelerator Program, OpenEvidence aims to tackle a critical challenge: keeping physicians updated on the latest scientific research through AI-driven queries. The platform aggregates medical literature, offering evidence-based responses to complex clinical questions, and has quickly gained traction among verified doctors across thousands of U.S. care centers.

Rapid Valuation Surge

According to reporting from The Information, OpenEvidence’s potential $6 billion valuation represents nearly double its private valuation from a financing round in July 2025, when it raised $210 million at a $3.5 billion mark. This escalation underscores the intense investor appetite for AI tools that promise to revolutionize health-care delivery, even as broader market volatility affects tech investments.

The startup’s trajectory has been meteoric. Earlier in 2025, it secured a $75 million investment led by Sequoia Capital, achieving a $1 billion valuation, as detailed in a CNBC report. That round marked its first institutional funding and included a strategic content partnership with the New England Journal of Medicine, enhancing its AI’s access to high-quality medical data.

Strategic Partnerships and Growth Drivers

OpenEvidence’s appeal lies in its specialized focus on medical professionals, differentiating it from general-purpose AI like ChatGPT. The company has built a platform trained on proprietary datasets, including peer-reviewed journals, which allows it to provide reliable, up-to-date answers to queries that might otherwise require hours of manual research. As noted in a Forbes article from 2023, when the startup was valued at $425 million, its core innovation addresses the “training stuck in the past” problem plaguing many large language models by continuously updating with new scientific literature.

Investor enthusiasm is further fueled by OpenEvidence’s user adoption metrics. It claims to be the fastest-growing application for physicians, serving hundreds of thousands at over 10,000 care centers. A BioSpace announcement highlighted its mission to organize global medical knowledge, positioning it as an AI copilot for critical decision-making at the point of care.

Market Context and Future Implications

This latest development aligns with a broader trend in AI health startups attracting massive funding. For instance, competitors like Abridge are discussing raises at $5 billion valuations, per The Information. OpenEvidence’s potential deal could involve prominent venture firms, though specifics remain under wraps, signaling confidence in AI’s role in addressing health-care inefficiencies amid staffing shortages and information overload.

However, such high valuations raise questions about sustainability. Industry insiders point to the high costs of AI development, including data partnerships and computational resources, which OpenEvidence is expanding through deals like its NEJM collaboration. As reported in Fierce Healthcare, the company’s $210 million Series B in July focused on building advanced AI agents for medical research, potentially paving the way for more sophisticated tools.

Challenges Ahead

Despite the optimism, OpenEvidence faces regulatory hurdles common to health AI, such as ensuring accuracy and compliance with HIPAA and FDA guidelines. Critics argue that while the platform excels in aggregating research, real-world clinical integration requires rigorous validation to avoid misinformation risks.

Looking forward, if OpenEvidence accepts one of these $6 billion offers, it could accelerate its expansion into international markets or new features like personalized treatment recommendations. This move, as covered in recent briefings from The Information, positions the startup at the forefront of a health AI boom, where valuations are soaring but grounded in tangible impacts on patient care. Investors and physicians alike will watch closely as the company navigates this pivotal juncture.

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Ian Bremmer: US strike on vessel from Venezuela

Sep 03, 2025

Is the US trying to topple Venezuela’s leader?

In this episode of ask ian, Ian Bremmer breaks down the recent US military strike on a vessel leaving Venezuela and what it signals for the Trump administration’s broader strategy.

“The United States has now engaged in an initial strike claiming a drug enforcement mission,” Ian explains. But the scale of the operation tells another story: “Seven US warships, a nuclear submarine, over 2,000 Marines, and several spy planes…this is clearly not just a drug interdiction.”

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Verse about parents…what do you think? Philip Larkin wrote this verse

This Be The Verse

 They fuck you up, your mum and dad.
They may not mean to, but they do.
They fill you with the faults they had
And add some extra, just for you.

But they were fucked up in their turn
By fools in old-style hats and coats,
Who half the time were soppy-stern
And half at one another’s throats.

Man hands on misery to man.
It deepens like a coastal shelf.
Get out as early as you can,
And don’t have any kids yourself.

 © by owner. provided at no charge for educational purposes   

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Analysis (ai): This poem explores the notion of familial legacy and intergenerational trauma. It presents a grim view of parenthood, suggesting that parents inevitably pass on their own flaws and shortcomings to their children. The speaker emphasizes the cyclical nature of suffering, claiming that parents were also victimized by their own parents. The imagery of “old-style hats and coats” and “fools” evokes a sense of absurdity and futility, reinforcing the idea that misery is an intrinsic part of human existence. The poem’s blunt and cynical tone contrasts with the traditional sentimentality often associated with family and parenthood. This contrast underscores the author’s deep-seated pessimism and rejection of societal norms. Compared to Larkin’s other works, this poem shares his characteristic bleakness and preoccupation with the darker aspects of human nature. It aligns with the post-World War II era’s disillusionment and skepticism, reflecting the widespread sense of loss and disillusionment following the war. (hide)

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Richard D. Wolff Response: “China STRIKES BACK! Venezuela Just Changed the Global Game

Sep 3, 2025 #China#Venezuela#RichardWolff#China#Venezuela#RichardWolff#Politics#Geopolitics#USForeignPolicy Richard D. Wolff Response: “China STRIKES BACK! Venezuela Just Changed the Global Game 🌍” In this explosive analysis, Richard D. Wolff breaks down the global economic shift triggered by China’s bold countermeasures and Venezuela’s strategic comeback. For decades, U.S. hegemony has dominated global trade, finance, and politics. But as sanctions backfire, alliances deepen, and nations turn away from the dollar, the unipolar world is crumbling before our eyes. From China’s growing influence in Latin America to Venezuela’s reemergence as a key energy player, this lecture exposes how the balance of power is being rewritten. What does this mean for ordinary people? How will these changes reshape global trade, wages, and everyday life? Richard D. Wolff delivers sharp, accessible, and urgent insights into the systemic forces driving this historic transition. If you want to understand the decline of U.S. dominance, the rise of multipolarity, and what it means for all of us, this is a must-watch. Timestamps (29:58 total length) 0:00 – Introduction: A world in transition 2:45 – The decline of U.S. economic hegemony 10:58 – China’s strategic countermove 17:42 – Venezuela’s reemergence as a global player 24:05 – The rise of a multipolar world 28:30 – Closing reflections: What this means for us

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