Inheritance vs. meritocracy, or why you shouldn't let rich kids invest your Mutual fund managers from poor families outperform those from wealth. This is because it is easier to be hired and promoted as a mutual fund manager if you come from wealth, even if you are bad at it.
ECONOMY
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AI Expansion in Africa: Business Implications
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You announced Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, Kenya and Zambia a couple weeks ago. Will this work for businesses here?
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Four Hot Areas for AI in Financial Services Revolution
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Check out this @PureStorage article "Four Hot Areas for #AI in Financial Services" at https://
blog.purestorage.com/solutions/four
-hot-areas-for-ai-in-financial-services/
… #Finance #Fintech Learn how AI is revolutionizing customer experience and retention, algorithmic trading, credit approval, fraud detection, and more. You will also find -
Code Dependent: Human Stories Amid Widespread Automation
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Am hoping these same feelings are evoked from reading my book, Code Dependent, which this is extracted from. Stories of human courage and hope in the face of widespread automation. @picadorbooks
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Generative AI: Limited Adoption Among SME Leaders
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[#Article] Bpifrance Le Lab study: The use of generative AI by SME-TPE leaders remains very limited https://actuia.com/actualite/etude-de-bpifrance-le-lab-lutilisation-des-ia-generatives-par-les-dirigeants-de-pme-tpe-est-encore-tres-limitee/
… #AI #GenAI #artificialintelligence -
Balancing Writing Time Amid Modern Labor Pressures
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I feel the same way, and started getting up at 5am to do a few hrs of writing when I can. Also the feeling of scrambling is a core component of current labor processes, tools, expectations. So feel it, as we all do, but be nice to yourself because you're wonderful and do so much.
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Uganda’s AI Access Advantage Over US Corporate Restrictions
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Everyone in Uganda with a cellphone with data has access to a better AI than most people at large companies in the US, because those companies have more restrictive AI policies and don't get access to GPT 4.
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Claude 3 Haiku Released: World-Class AI 90% More Affordable
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Anthropic released Claude 3 Haiku, "the fastest and most affordable model in its intelligence class"
— Rowan Cheung (@rowancheung) 14 mars 2024
It's available via API for devs at a million tokens for just $0.25.
World-class AI models just got 90% cheaper. pic.twitter.com/C3GTVHD9RzAnthropic released Claude 3 Haiku, "the fastest and most affordable model in its intelligence class" It's available via API for devs at a million tokens for just $0.25. World-class AI models just got 90% cheaper.
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US Living Standards Decline: Health, Housing, Safety Concerns
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The question is not whether the US is going to dissolve but whether living conditions (health, housing, safety, purchasing power etc) decline for a majority of Americans
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EU AI Act Adoption: Compliance Requirements for Entrepreneurs
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L’IA Act est définitivement adopté par le parlement européen. Dès la fin de l’année, donc, chaque entrepreneur qui lance un projet dans l’IA devra se coltiner la centaine de pages de ce document imbuvable, et se conformer à toutes ses contraintes. Les États-Unis et la Chine nous