Tag: Exports
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Taiwan’s July Exports Drop 10.4%, but AI Applications Offer Hope
Taiwan's exports decline for the 11th month in a row in July, but AI applications offer hope for future growth. Find out more in this article.
Taiwan’s Q2 GDP Growth Revised Downward to 1.48% as Exports and Investments Contract
Taiwan's Q2 GDP growth revised downward to 1.48% as exports and investments contract. Despite challenges, Taiwan's economy shows signs of recovery.
Taiwan’s Consumer Confidence Soars Amid Stock Market Boom
Consumer confidence in Taiwan surges as stock market continues upward trend, reaching highest level since April 2022. Positive growth in all sub-indexes.
Lessons from ChatGPT for Economic Growth
ChatGPT, a revolutionary AI chatbot, is making waves with its impressive capabilities. A deep neural network trained to predict the next word in a text, ChatGPT displays an unexpected sophistication that has given its creators an insight into the power of complex AI algorithms. This offers an important lesson for policymakers, as it promotes the need to focus on a mundane task that can hold deep implications for economic development. Through its unique approach, ChatGPT models provides an opportunity to bridge the gap between the developed and developing world.