GLOBAL NEWS

TEAM: 1
Chat GPT: Can it be an alternative to
Google Search?
• Chat generative pre-trained transformer (ChatGPT) is a chatbot launched by OpenAI in
November 2022. It trained the model to have conversations with the user on the other
end.
 Why is google worried?
• Experts believe that Google not only has Chat GPT to worry about but also other
organisations who are working on similar models because these AI chatbots can give a
more exact response to the query with an added advantage of a human touch.
Does google have a counter plan?
• Google knew where the world is moving and it already showcased its chatbot back in
2021. Google’s technology is called Language Model for Dialogue Application (LaMDA). It
is a chatbot system based on some of the most advanced large language model in the
world.
Pakistan’s economic crises going
from bad to worse

• Six million people in Pakistan are currently experiencing acute food

insecurity as a result of the devastating floods.
• Petrol stations across Pakistan are quickly running dry due to reduced
supplies by oil marketing companies.
• A vast majority of Pakistan has also been dealing extended blackouts
as Shehbaz Sharif government’s energy-saving measures backfired.
Millions were left without drinking water as pumps failed to work.
• The unbuckled rhetoric of former Prime Minister Imran Khan, which
reached a fever pitch a few months ago, has cooled down. But his
attempts to dissolve two provincial assemblies where his party is in
power are stoking political instability.
• The return to power of the Taliban in Afghanistan was initially viewed
by the Pakistan army and intelligence establishment as its victory. It
has now become a headache for Islamabad.
UN forecasts fall in global economic
growth to 1.9 per cent in 2023
• According the UN predictions, global economic growth will fall significantly to 1.9 per cent this year as a
result of the food and energy crisis sparked by the war in Ukraine, the impact of the COVID-19 pandemic,
persistently high inflation and the climate emergency.
• According to the UN report, this year “growth momentum has weakened in the United States, the
European Union and other developed economies, adversely affecting the rest of the world economy.”
• Across east Asia, the UN said economic recovery remains fragile though GDP growth in 2023 is forecast to
reach 4.4 per cent, up from 3.2 per cent last year, and stronger than in other regions.
• In South Asia, the UN forecast average GDP growth will slow from 5.6 per cent last year to 4.8 per cent
this year as a result of high food and energy prices, “monetary tightening and fiscal vulnerabilities.
• Western Asia, oil-producing countries are benefiting from high prices and rising output as well as a revival
in tourism, the UN said. But economies that aren’t oil producers remain weak.
• Africa has been hit “by multiple shocks, including weaker demand from key trading partners (especially
China and Europe), a sharp increase in energy and food prices, rapidly rising borrowing costs and adverse
weather events.