A persistent result of studies of AI on work (like our BCG study) is that AIs improve the performance of bottom performers. Yet AI is frequently benchmarked to average or best performers. A winning strategy could be to focus on maximizing the benefits of the leveling effect.
ECONOMY
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Apple’s iPhone Sales in China Drop 19.1% Due to Huawei Competition
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Apple's China business continues to come under pressure from Huawei. Sales of iPhones in China dropped 19.1% in Q1 2024, according to @CounterPointTR
. “Huawei’s comeback has directly impacted Apple in the premium segment,” says @ivanlamtmt. Details: -
Innovative ways to earn digital cash using ChatGPT bundle
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The road to becoming a millionaire is very hard to achieve. But if you get my Complete AI Bundle, you can discover innovative ways on how to use ChatGPT to earn that digital cash: https://
godofprompt.ai/complete-ai-bu
ndle
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Nvidia plummets: TL20 index records worst day ever
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The TL Podcast for April 21st: Nvidia takes a tumble Nvidia fell on Friday by the most in the two and a half years of the TL20, giving the group its worst day ever. In the absence of any particular news, this event was a healthy right-sizing. Nvidia still has no real competition
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AI Cloning, Tools, and Human Surpassing: Week’s Top Stories
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Top stories in AI today: -Hollywood begins AI cloning
-Drake posts AI-powered diss tracks
-Transform text to speech for free
-Report: AI surpasses humans
-6 new AI tools & 4 new AI jobs Read more: http://
therundown.ai/p/hollywood-be
gins-ai-cloning
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Tech Company Achieves Carbon Neutrality Milestone in Sustainability
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Exciting news! We've offset 100% of emissions from our global Scope 1 and Scope 2 carbon footprint, plus a portion of our Scope 3 emissions! Dive into our ongoing efforts to decarbonize and create a greener future http://
spr.ly/6011bTyEH #EarthMonth #Sustainability -
Who Funds Education Infrastructure for Innovation Today?
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Who is doing the equivalent to Andrew Carnegie’s libraries now? The 1,500 cities that he gave libraries to in the 1900s had 8-13% higher patenting rates than similar cities without them. Plus, their kids stayed in school longer, and they later chose safer & high prestige careers
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Groupthink versus Tulips: AI Market Rationality Questioned
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https://
garymarcus.substack.com/p/groupthink-v
ersus-tulips-what-will?r=8tdk6
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ASI Economic Gains and Existential Risk Scenarios
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If they weren't going to kill everyone, and everyone stayed employed, competition would arise and the public would capture more of the gains from trade. It's the part where ASIs kill everyone that's a valid problem; or in a theoretically possible shorter term, a scenario where
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AI Impact on Jobs: Transformation Speed Varies by Sector
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People likely overestimate how fast AI will impact jobs overall in the short-term, but that doesn’t mean that some jobs won’t transform fast. And there is a lot we don’t know about AI and jobs, because it is different than other technologies From my book: https://
a.co/d/amHhYb8