![]() In the US, UK, EU and Japan, the richest 10% have carbon footprints about 15 times greater than the poorest 10%. This shift has enormous implications for how the climate crisis can be ended, researchers say, although international support for the poorest and least polluting nations remains vital.ĭata from the International Energy Agency (IEA) details the energy-related CO 2 emissions per person in 2021 in a dozen major countries, plus the 27-nation EU. Now, most of the inequality in emissions between the rich and poor exists within individual countries. Three decades on, the situation has reversed. When climate negotiations began in the 1990s, most of the inequality in people’s carbon emissions was between rich and poor nations. The Cop28 UN climate summit begins on 30 November, at a time when the window to salvage a livable future for humanity is rapidly closing. ![]() But the 10% are responsible for half of all global emissions, making them key to ending the climate crisis. The lavish lifestyles of the very rich – the 1% – attract attention. Revenue rose 18% in the quarter to $3.4 billion, with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) up 26% to $1.8 billion.The world’s richest 10% encompasses most of the middle classes in developed countries – anyone paid more than about $40,000 (£32,000) a year. Earlier this month, it released its winter update, including a redesigned review and ratings page that helps guests better understand the home, and an AI-powered photo tour that organizes photos by rooms and helps guests understand the layout of the space.Īirbnb is already in a strong position, coming off its third-quarter earnings report. The company has been aggressively rolling out twice-a-year updates to its platform, tackling key pain points and making other improvements.įor example, it revamped the way it shows prices to make the full price guests will pay visible up front, after complaints that cleaning fees were hidden. It's unclear when we'll see Airbnb first deploy the new AI technology and offer a travel concierge, but it could be sooner than you think. Similarly, if you enjoyed one trip, the AI travel concierge could also offer similar ideas for your next vacation, complete with ideas for activities, meals, and other ways to spend your day. For example, going beyond search filters and directing an AI chatbot to find some Airbnbs that have five or six of the qualities you are looking for in a given place would be useful. Unlike hotel chains or online travel agency competitors like Booking Holdings and Expedia, Airbnb offers individualized inventory and can cater to specific tastes to a degree that hotels can't.Īirbnb also has much more differentiation on its platform, which could make an AI search tool that can communicate like ChatGPT highly valuable. While those concerns aren't a red flag, they do warrant attention, but the acquisition of GamePlanner.AI is a reminder of what makes Airbnb special in the first place. The company also continues to face regulatory red tape as such places like New York essentially banned short-term rentals earlier this fall. While the business has performed well during the pandemic and coming out of it, the company continues to court controversy, and the stock has been volatile.Īirbnb's brand has repeatedly been dragged on social media as detractors complain about cleaning fees, chore lists, and other unwelcome surprises, insisting that hotels are a better option. Will GamePlanner.AI be a game-changer?Īirbnb has had a tumultuous time as a publicly traded company. ![]() In a statement, Chesky said, "AI will rapidly alter our world more than any other technology in our lifetime, but we need to ensure that it augments humanity in a positive way." He added: "Airbnb is one of the more humanistic companies in technology, and I believe that, together with Adam and his team, we can develop some of the best interfaces and practical applications for AI."
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