The Digital Transformation Agency (DTA) and the Australian Computer Society (ACS) have formed a partnership to strengthen the digital capabilities of the Australian Public Service (APS) and foster collaboration between government and industry. Rooted in communication, collaboration, and mutual benefit principles, the partnership seeks to maximise the efficient use of existing digital capabilities and investments in government services.
It also aims to drive innovation and the adoption of new technologies and promote the Skills Framework for the Information Age (SFIA) for digital skills classification. Additionally, the collaboration aims to build a world-class digital workforce, support diversity and inclusion initiatives, and enhance the APS’s digital transformation efforts.
The agreement will benefit ACS members, DTA staff, and digital professionals within the APS by providing enhanced opportunities for professional development and innovation. Starting on 12 December for two years, the ACS, representing over 49,500 technology professionals, will support initiatives that foster digital skills development, certifications, and collaboration with educational institutions.
Both the DTA and ACS are committed to leveraging this partnership to ensure that Australia remains at the forefront of technological advancements, with an emphasis on improving government services and workforce capabilities.
Harley Sandoval, an evangelical pastor and entrepreneur, was arrested in July 2023 for illegally exporting 294 kilos of gold from Brazil to international markets. Although Sandoval claimed the gold came from a licensed mining prospect in Tocantins, investigations using advanced forensic technologies and satellite imagery revealed that the gold actually came from illegal mines in Pará, some of which were on protected Indigenous lands. The case highlights a growing issue of illegal gold mining in Brazil, which has surged in recent years, causing environmental destruction and violence in the Amazon.
To tackle this problem, Brazil’s Federal Police have implemented a pioneering program called ‘Targeting Gold,’ which uses radio-isotope scans and spectroscopy to trace the origins of gold. This technology, which analyses the unique chemical composition of gold, has allowed authorities to track illegal gold more effectively, helping increase seizures of illicit gold by 38% in 2023. Experts estimate that about 40% of the gold mined in the Amazon is illegal, and Brazil is taking steps to address the trade by tightening regulations and monitoring transactions.
The rise in illegal mining, fueled by high global gold prices and weak environmental controls under former President Jair Bolsonaro, has led to significant environmental damage, including mercury contamination and deforestation. Thousands of wildcat miners now use industrial machinery, contributing to this crisis. Illegal mining also threatens Indigenous communities, such as the Yanomami, who have faced violence and health crises due to encroachments on their land. Brazil’s current administration, led by President Lula, is focusing on cracking down on criminal organisations that support this illegal industry.
While Brazil works to curb illegal gold mining, the issue has drawn international attention. Switzerland, a major importer of Brazilian gold, and neighbouring countries like Colombia and French Guiana are considering adopting similar traceability methods. Although the Brazilian government faces resistance from political lobbies advocating for the legalisation of wildcat mining, the ongoing use of advanced forensic tools aims to make a lasting impact on reducing the illegal gold trade in the region.
Société Générale has achieved a milestone by conducting the first repo transaction using blockchain within the Eurosystem. The transaction carried out with Banque de France through Société’s digital asset subsidiary Forge, involved tokenised bonds issued on Ethereum in 2020 as collateral. Central bank digital currency (CBDC) issued by Banque de France was exchanged as cash, showcasing the potential of blockchain in modern financial operations.
The move highlights the feasibility of conducting interbank refinancing on-chain. Société Générale stated that using CBDCs for such transactions could improve liquidity for digital financial securities. Tokenisation, which converts traditional securities into digital tokens, offers faster settlement times and an immutable record of transactions, making it a promising technology for the financial sector.
Banque de France has been actively exploring CBDC use cases since 2021, including cross-border transactions and collaborations with global partners like the Hong Kong Monetary Authority. Meanwhile, Société Générale continues to expand its digital asset operations, including launching its euro-denominated stablecoin EUR convertible. The bank’s innovative efforts reflect its position as one of the world’s largest financial institutions.
At the NeurIPS conference in Vancouver, Ilya Sutskever, co-founder of OpenAI, predicted that artificial intelligence will become increasingly unpredictable as its reasoning abilities grow. Speaking to thousands of attendees, Sutskever explained that while advancements in AI have relied on scaling data and computing power, this approach is nearing its limits due to finite resources like the internet.
To overcome these challenges, Sutskever suggested that AI could begin generating its own data or evaluating multiple responses to improve accuracy. He envisions a future where superintelligent machines, capable of reasoning like humans, become a reality. However, this reasoning power could lead to unexpected outcomes, as seen with AlphaGo’s famous move in a 2016 board game match or unpredictable strategies from advanced chess algorithms.
Sutskever emphasised that AI’s evolution will make it ‘radically different’ from what we know today, with deeper understanding and potential self-awareness. Yet, he warned that this reasoning could complicate predictability, as AI analyses millions of options to solve complex problems. This shift, he stated, marks the beginning of a new chapter in AI.
Panelists, including Jorge Cancio of the Swiss Government and David Fairchild of Canada, underscored the IGF’s central role as a multistakeholder platform for dialogue. However, concerns about its diminishing mandate and inadequate funding surfaced repeatedly. Fairchild warned of ‘a centralisation of digital governance processes,’ hinting at geopolitical forces that could undermine inclusive, global cooperation. Cancio urged an updated ‘Swiss Army knife’ approach to WSIS, where existing mechanisms, like the IGF, are strengthened rather than duplicated.
The session also highlighted emerging challenges since WSIS’s 2005 inception. Amrita Choudhury from MAG and Anita Gurumurthy of IT for Change emphasised that AI, data governance, and widening digital divides demand urgent attention. Gurumurthy lamented that ‘neo-illiberalism,’ characterised by corporate greed and authoritarian politics, threatens the vision of a people-centred information society. Meanwhile, Gitanjali Sah of ITU reaffirmed WSIS’s achievements, pointing to successes like digital inclusion through telecentres and distance learning.
Amid these reflections, the IGF emerged as an essential event for harmonising WSIS and GDC goals. Panellists, including Nigel Cassimire from the Caribbean Telecommunications Union, proposed that the IGF develop performance targets to implement GDC commitments effectively. Yet, as Jason Pielemeier of the Global Network Initiative cautioned, the IGF faces threats of co-optation in settings hostile to open dialogue, which ‘weakens its strength.’
Despite these tensions, hope remained for creative solutions and renewed international solidarity. The session concluded with a call to refocus on WSIS’s original principles—ensuring no one is left behind in the digital future. As Anita Gurumurthy aptly summarised: ‘We reject bad politics and poor economics. What we need is a solidarity vision of interdependence and mutual reciprocity.’
Thailand’s former Prime Minister, Thaksin Shinawatra, has urged the government to delve deeper into cryptocurrencies to stay competitive in an increasingly digital world. Speaking at a lecture in Hua Hin, Shinawatra highlighted the growing importance of understanding digital assets, noting that global digitisation reshapes economies. He remarked on the proliferation of cryptocurrencies and emphasised that Thailand must adapt to avoid falling behind.
The country has already taken significant steps in exploring the digital economy. The Securities and Exchange Commission launched a regulatory sandbox earlier this year, allowing businesses to experiment with digital assets in a controlled environment. Meanwhile, the government fulfilled its campaign promise to distribute 10,000 baht in digital cash to 45 million residents as an economic stimulus.
Private institutions are also making moves, with Kasikornbank becoming Thailand’s first licensed crypto custodian in September. Regulatory shifts have further opened the door for mutual and private funds to invest in digital assets. Additionally, the Bank of Thailand collaborates with Hong Kong on tokenised cross-border settlements, cementing its role in shaping the region’s digital finance future.
For eight years, TeraFeng has shared her glamorous Shanghai lifestyle with over 500,000 followers on Chinese social media. Her audience, primarily financially independent urban women, has proven to be a valuable market for high-end and niche brands. In recent months, Feng’s switch to livestream selling on Xiaohongshu, a platform similar to Instagram, has seen her sell products ranging from luxury suits priced at 15,000 yuan ($2,060) to premium rice costing 60 yuan per kilogram.
Xiaohongshu has long been used for lifestyle inspiration but has struggled to find success in e-commerce. As Chinese consumers on other platforms like Taobao and Pinduoduo hunt for discounts, Xiaohongshu attracts a different crowd — users willing to spend on quality and aspiration-driven products. Influencers and brands are embracing this trend, with companies like L’Oreal and Coach launching stores and partnering with livestream hosts to drive sales. These livestreams adopt a relaxed, conversational style, contrasting the aggressive sales tactics on other platforms.
Brands are seeing tangible results. For example, Ms Min, an independent fashion label, experienced a spike in sales after actress Dong Jie featured it in a livestream. Marketing agencies like Magic Advertising, which works with luxury clients like Max Mara and LVMH, are also eyeing Xiaohongshu for growth. While analysts predict the platform’s annual sales could surpass $100 billion by 2025, experts suggest it will remain a niche player compared to China’s e-commerce giants like Tmall and JD.com. Nonetheless, Xiaohongshu’s ability to connect luxury brands with eager, affluent consumers marks it as a growing force in China’s online retail landscape.
The global real estate market, valued at $379.7 trillion in 2022, stands as one of the largest in the world. With blockchain technology now playing a growing role, property rights can be tokenised, automating the buying, selling, and transferring processes. This transformation not only increases efficiency but also enhances liquidity within the market.
Tokenising real estate enables fractional ownership, allowing smaller investors to access a traditionally exclusive asset class. By breaking down ownership into tradable tokens, blockchain opens up opportunities for a broader range of participants, particularly those facing barriers to homeownership such as high prices and inflation.
Additionally, blockchain enables faster processing times for transactions and eliminates intermediaries, reducing costs for investors. Real estate tokens are already being used in projects like the “World Liberty” token, backed by Donald Trump Jr., showcasing how blockchain could reshape the industry by integrating real estate with decentralised finance.
With the market for tokenised assets predicted to reach between $10 trillion and $16 trillion by 2030, real estate tokens are expected to revolutionise investment options, making the sector more dynamic and accessible.
The European Union is addressing a trade dispute with India over tariffs on ICT goods, which India has effectively blocked under the World Trade Organization (WTO) by appealing a favourable report for the EU to the non-functional WTO Appellate Body, stalling the resolution process. India has also rejected alternative dispute resolution methods, such as ad hoc appeal arbitration or a mutually agreed solution.
In response, the EU uses its Enforcement Regulation to enforce international trade obligations when disputes are blocked, ensuring that WTO rules are respected. The EU has launched a consultation for concerned entities, with responses due by 10 February 2025, to guide decisions on potential commercial policy measures should a mutually satisfactory solution not be reached.
At the same time, the EU continues to seek a resolution through alternative means, inviting India to join the Multi-Party Interim Appeal Arrangement (MPIA) or agree to ad hoc appeal arbitration. The dispute began in 2014 when India imposed customs duties of up to 20% on various ICT products, which the EU argues violates India’s WTO commitments to apply a zero-duty rate.
In 2019, the EU initiated the WTO dispute settlement process, and in April 2023, the panel ruled in favour of the EU, confirming that India’s tariffs were inconsistent with WTO rules. India appealed the decision in December 2023, prolonging the dispute.
Elon Musk’s AI startup, xAI, revealed on Saturday that the latest version of its Grok-2 chatbot will be available for free to all users of the social media platform X. The new version of Grok-2 is part of xAI’s continued efforts to integrate AI technology into the platform, providing users with more advanced and efficient tools for interaction.
While the chatbot will be free for everyone, Premium and Premium+ users will benefit from higher usage limits and will be the first to experience new features as they are rolled out. This tiered approach ensures that paying users receive an enhanced experience, with priority access to future updates and capabilities.
xAI has been quietly testing the new Grok-2 model for several weeks, fine-tuning its performance and features in preparation for the public release. The improved version is expected to offer better capabilities and user interactions, marking a significant step forward in AI development for social media platforms.
