Workers were able to escape moments before a fast-food restaurant in the Philippines collapsed following Monday's powerful earthquake. https://t.co/anJKJ6DiqI
Thousands have been displaced in eastern Syria after the Euphrates River burst its banks following weeks of heavy rain, submerging homes, farmland and infrastructure in one of the region’s worst floods in years.
People release lanterns during Vesak celebrations at Borobudur Temple, the world’s largest Buddhist monument and a UNESCO World Heritage Site, in Magelang, Indonesia.
Vesak commemorates the birth, enlightenment and death of the Buddha, believed to have occurred during the full moon of the Vesakha month in the ancient Indian lunar calendar
📸 Devi Rahman and Aditya Irawan
Two economists just published a mathematical proof that AI will destroy the economy.
Not might. Not could. Will — if nothing changes.
The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."
An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.
Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.
The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.
No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.
Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.
Source: Falk & Tsoukalas · Wharton School + Boston University ·
What if one of the strongest incentives to keep forests standing came from bees? 🐝
This #WorldBeeDay, explore stories from Peru, Indonesia, Ethiopia & Botswana where pollinators are supporting restoration, livelihoods & local economies.
Read: 🔗 https://t.co/zyFjLNeO3q
#TreesPeoplePlanet
Governments around the world executed more people in 2025 than at any point since 1981. AJLabs looks at which countries carry out the death penalty today, and how many people sit on death row.
💻💰 Tens of billions of euros a year. Some estimates put it at 40% of the entire #Mekong region's GDP. Cyber fraud run out of sprawling scam centres has become one of the world's fastest-growing, and most dangerous, industries.
#AccessAsia goes deep inside the scam machine with expert Jason G. Tower from the Global Initiative Against Transnational Organized Crime ➡️https://t.co/audNmmxKjm
🌡️🌲Urban heat is rising. Our tree cover isn’t keeping up.
Urban trees can reduce temperatures, lower energy demand, improve public health and deliver more than $3 in benefits for every $1 invested.
👉Read more about how cities can turn this opportunity into action: https://t.co/SFHjivDpIq
In what is seen as a controversial move, Japan's policymakers are considering a proposal to allow the reinstatement of former male royals along the male line of the imperial family through adoption. https://t.co/406Fg8OHZt
Japan's population dropped by a record 2.5 percent in the span of five years, census data shows.
It was the biggest decrease since the twice-a-decade survey started in 1920, and more than triple the decline recorded between 2015 and 2020
https://t.co/0lNmqx5tbU
3 - Le Néerlandais Jesper de Jong est devenu le troisième lucky loser de l'ère Open à atteindre les huitièmes de finale à Roland-Garros après le Tchèque Stanislav Birner (1978) et le Belge David Goffin (2012) 🍀
Les chiffres marquants du jour ↘️
https://t.co/ylo2uaJMoO