"GLOBAL ISSUES, LEADERSHIP CHOICES":

As we are nearing the end of a hurricane season with an unprecedented number of named storms, extreme weather -- and forecasts surrounding extreme weather -- are becoming big business: "Fugaku is the fastest supercomputer on the planet. Recently built by Japanese company Fujitsu, it’s capable of 2.6 quadrillion operations per second. This staggering processing power is now at the service of the Japanese Meteorological Research Institute to help weather and climate forecasting and, above all, disaster warning. Extreme weather, largely fuelled by climate change, is an increasing liability to the world’s economy. ... As extreme events become the new normal, trucking companies, commodity traders and utility providers – not to mention insurance companies – need reliable hour-by-hour forecasts and analysis, just to save money. ... In late August, hurricane Laura made landfall at 150 mph in almost the exact location in Louisiana predicted 3.5 days earlier. Such a result would have been unthinkable a few decades ago, yet it’s precisely what is needed as we move forward into a more uncertain world. A constant increase in processing power, coupled with artificial intelligence, machine learning and cloud-based systems are anticipating the near future. Not only do they tell an airline to reschedule flights to avoid storms, or suggest to a farmer when to irrigate crops, they also inform millions of people when to evacuate from a hurricane’s path, or simply when it’s time to grab an umbrella. ... It’s strange that countries, companies and families promptly react to the flash warnings of meteorologists, but still fail to act in the face of the dire predictions of climatologists. They both use the same processing power, the same artificial intelligence and essentially the same science."
geographical.co.uk/opinion/item/3866-climatewatch-the-insecurity-market