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AI & Enterprise
AI slowdown calls clash with $800 billion infrastructure bets, raising fears for U.S. economy
Calls to slow U.S. artificial intelligence development are colliding with expectations of a surge in investment, drawing attention to how an AI slowdown could affect the broader economy. U.S. hyperscalers are forecast to spend $800 billion on AI infrastructure this year, while proposals range from pacing frontier-model development to halting advanced AI until federal rules are set. Markets are also watching how any pullback in AI investment could ripple through growth, stocks and credit.
Crypto
France to halt certification of security products without post-quantum cryptography from 2027
France plans to phase out existing cryptographic systems to prepare for the era of quantum computers. From 2027 it will stop certifying security products that do not apply post-quantum cryptography, and by 2030 it aims to steer government agencies and critical infrastructure operators to adopt only quantum-resistant products. The move is linked to concerns about “Q-Day” and “harvest now, decrypt later” attacks, and is expected to accelerate quantum-risk discussions in blockchain and cryptocurrency.
Industry
Samsung Electronics chairman Shin Je-yoon urges dialogue to resolve labor-management conflict
Samsung Electronics board chairman Shin Je-yoon appealed for talks to resolve a recent labor-management conflict, warning of heavy economic damage and risks to the company’s semiconductor competitiveness. In a message posted on the company intranet on May 5, he said shareholders, customers and many citizens were concerned and apologised for causing worry. He warned that disruptions could undermine trust, trigger customer defections and hurt exports, tax revenue, GDP and the exchange rate.
