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Economy

Credit Crunch Hits Hard In Wenzhou, China's 'Speculation Capital'

Economic difficulties in Europe and the United States may finally be landing to China. In Wenzhou, a mid-sized city near Shanghai, entrepreneurs are tightening their belts - and skipping town in some cases - as operating costs rise and loans become scarce

Harold Thibault

WENZHOU --The giant residences along the river are still there, and the rich here haven't stopped showing off their sports cars along the People's avenue. But don't be fooled: Wenzhou is facing tough times.

Known throughout China for its powerful businessmen and investors, this city of three million, located 250 kilometers south of Shanghai, is facing a crushing lack of liquidity.

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Future

Robot Artists And Us: Who Decides The Aesthetics Of AI?

Ai-Da is touted as the first bonafide robot artist. But should we consider her paintings and poetry original or creative? Is this even art at all?

Ai-Da at work

Leah Henrickson and Simone Natale

Ai-Da sits behind a desk, paintbrush in hand. She looks up at the person posing for her, and then back down as she dabs another blob of paint onto the canvas. A lifelike portrait is taking shape. If you didn’t know a robot produced it, this portrait could pass as the work of a human artist.

Ai-Da is touted as the “first robot to paint like an artist”, and an exhibition of her work called Leaping into the Metaverse opened at the Venice Biennale.

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