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☆ US vs. Chinese cruisers: China is building its top surface warship at breakneck speed, and it's a match for its US rival
▼ + stars: | 2025-01-04 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +12 min

Type 055 'Renhai'The commissioning of the first-in-class Nanchang in 2020 revealed China had launched one of the world's top surface combatants. ADEach Type 055, which NATO classifies as the Renhai-class, is fitted with 112 vertical launch system (VLS) cells, which launch missiles. The Type 055 is also brimming with modern radars, sensors, and other electronics. MC2 Malachi Lakey/US NavyThe size, armament, and mission of the Type 055 are often compared to the US Navy's Ticonderoga-class cruiser. MC2 Indra Beaufort/US NavyThe importance of the Ticonderoga and the Type 055 to their respective fleets is hard to overstate.

Persons: Chris Carlson, Fu Tian, Nanchang, SAMs, Yu, barelled, PJ, It's, Burke, Carlson, Malachi Lakey, Sparrow SAMs, Indra Beaufort, Carlos Del Toro, Arleigh Burke, Del Toro, Benjamin Brimelow Organizations: People's Liberation Army Navy, US Department of Defense, US Navy, China News Service, Getty, NATO, BMD, Arleigh, Cruisers, US, Seahawk, Ticonderoga, South Pacific, USS, Navy, Antietam, Global Affairs, Fletcher School of Law, Diplomacy, Business, Modern, Institute Locations: China, Nanchang, Shandong, Normandy, Lake, Alaska, Vanuatu, South, Royal, Taiwan, Norway, South China, Vella, Vicksburg, Cowpens, Leyte Gulf, West

☆ Tanks and their big guns get all the attention, but Russia's smaller cannons are wreaking havoc against Ukrainian troops
▼ + stars: | 2023-10-10 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Tanks have big guns, but medium-caliber cannons on other armored vehicles can be just as deadly. AdvertisementAdvertisementWhile tanks and their big guns have been getting the lion's share of attention in Ukraine, another weapon is proving equally deadly. Medium-caliber cannon — the 20-mm to 40-mm cannon found on infantry fighting vehicles, air-defense vehicles, and other platforms around the world — have been wreaking damage against infantry and other targets. Personnel load the gun of a BMP-2 amphibious infantry fighting vehicle during an arms exhibition Russia in September 2013. The effectiveness of medium-caliber cannons suggest that as armored vehicles evolve, those guns will remain part of their armament.

Persons: —, Sam Cranny, Evans, Vladimir Pesnya, Cranny, Sergei Karpukhin, Keith Anderson, Winifred Brown, Cannon, Michael Peck Organizations: Tanks, Service, Security, Defence, Victory Day, Getty, Royal United Services Institute, REUTERS, M4, Bradley, US Army, Staff, M2A3 Bradley, Fort Bliss Public Affairs, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Ukrainian, Russian, Square, British, Russia, Soviet, Lithuania, Iraqi, Britain, Afghanistan, Mali, New Mexico, France, NATO, China, Forbes

☆ VIDEOS: Russia shows off purported war trophies — prized Western weapons captured in Ukraine — at a new military theme park exhibit
▼ + stars: | 2023-08-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

New photos and videos show a Russian exhibit of captured Western tanks and artillery from Ukraine. ALEXANDER NEMENOV/AFP via Getty ImagesAnd destroyed Ukrainian weapons were also included. Prior to this new display of Western assets, Patriot Park had exhibits of captured Ukrainian armored vehicles and patrol boats, as well as T-72 tanks. ALEXANDER NEMENOV/AFP via Getty ImagesUkraine has their own exhibit of wrecked Russian military equipment, which opened last June. Ukraine has also managed to capture functional Russian weapons, which has put back in service to help fuel combat actions, including the ongoing counteroffensive.

Persons: it's, that's, Kalashnikov, ALEXANDER NEMENOV, Russia's Organizations: Service, NATO, RIA Novosti, Moscow Conference, International Security, Russian, Armored Vehicle Husky, Navistar, Getty Locations: Ukraine, Swedish, Kyiv, Wall, Silicon, Russian, Moscow, Russia, American, USA, Kubinka, AFP, Ukrainian

☆ How AI reshapes the economy: Wall Street legends David Rosenberg and Rob Arnott told us massive upheaval is coming for the job market — and overzealous investors are fueling a stock bubble
▼ + stars: | 2023-07-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Both David Rosenberg and Rob Arnott see big disruption coming for the labor market. AI stocks are also overextended amid the current mania, they said. Rob Arnott says AI will evolve rapidly and upend the labor market. He added: "The implications of generative AI on the labor market will be one of upheaval and one of escalating job uncertainty." Beware of an AI-stock bubbleFor Arnott, AI will undoubtedly be good for bottom lines.

Persons: David Rosenberg, Rob Arnott, Rosenberg, Arnott, Tim Boyle, aren't, Merrill Lynch, it's, Tesla, that's, Gluskin Sheff Rosenberg Organizations: Labor, Research, Bloomberg, Getty, North, Rosenberg Research Locations: North American, ChatGPT

☆ Wall Street titans including David Rosenberg and Rob Arnott sound off on AI: What they told us about the disruptive technology — from how it will lead to 'permanent displacement' of jobs, to why it's
▼ + stars: | 2023-06-28 | by ( William Edwards | ) www.businessinsider.com time to read: +11 min

AI's impact on the job marketRob Arnott"Every important disruption since the start of the industrial revolution has cost millions of people jobs. Millions of jobs will be lost to those who know how to use AI. "The implications of generative AI on the labor market will be one of upheaval and one of escalating job uncertainty. Are AI stocks in a bubble? Rosenberg"Advancements in AI technology, and its knock-on effects on profitability and productivity, is a legitimate investment thesis.

Persons: David Rosenberg, Rob Arnott, Savita Subramanian, Cam Harvey, Jawad Mian, Jobs, Merrill Lynch, aren't, Rosenberg, Harvey, Arnott, Brad Cornell, Aswath, There's, that's, Savita, –, capex, Mian Organizations: Industries, Investors, Research, Rosenberg Research, North, Bank of America Securities, Duke University, Microsoft, Nvidia, Google, Tech, Software, Services, Professional Services, IT Services Locations: North American, ChatGPT, Asia, Taiwan

☆ After bloody failures in Ukraine, Russians are reconsidering the role of their military's 'elite' paratroopers
▼ + stars: | 2023-02-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

The issues raised about the role and value of paratroopers are not unique to Russia's military. Russian paratroopers in the Kyiv region in March 2022. Russian paratroopers unload a truck from an IL-76 to join the NATO peacekeeping operation in Bosnia in January 1996. That point underlines the debate about the value of airborne forces — a debate that isn't unique to Russia. That battle, an ignominious Allied defeat, has stood as a lesson in the limits of airborne forces.

☆ Japan may build 2 huge warships to counter the growing missile threat from North Korea
▼ + stars: | 2022-12-15 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

That has led Japan to examine its missile defense, which relies on specially designed warships. The launches have forced Japan to examine its unique ballistic-missile defense system, which relies heavily on specially equipped warships to intercept incoming missiles. US Missile Defense Agency/Heather CavaliereJapan began developing its current BMD system in 2004. US Navy/MCS3 Quinton A. LeeThe Aegis-equipped BMD ships are the most important part of Japan's BMD system. US Navy/MCS Seaman Aleksandr FreutelThere are advantages to relying on maritime-based platforms for missile defense.

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