Le journal @LaTribune résume ma pensée sur l’IA : « Nous sommes montés dans un véhicule qui va de plus en plus vite et dont on ne sait pas où il va, s'exclame Rafik Smati […]. Mais il se veut optimiste.» Optimiste ? À vrai dire, nous n’avons pas le choix. Soit nous embrassons
ECONOMY
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UK CMA Investigates Adobe’s Figma Acquisition Competition Concerns
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UK competition watchdog @CMAgovUK is looking into Adobe’s acquisition of Figma, saying it could harm designers & creative agencies “who might have used these new tools or relied on future updates.” CMA says ~80% of UK’s product design market use Figma. https://
gov.uk/government/new
s/adobe-figma-deal-could-harm-uk-digital-design-sector
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Financial institutions address verification practices scrutiny
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(Just commenting on “The actual reason we do this is because we want to pretend that financial institutions are uniformly Extremely Serious about checking that someone actually lives at the address they typed into account settings in their mobile app.”)
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McNamee warns of reckoning for generative AI hype excess
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Roger McNamee: There will be a reckoning for generative AI and all the excesses of easy money “I've been absolutely blown away by how successful the hype campaign's been for generative AI. I mean, it is Hall of Fame class.” Generative AI such as OpenAI’s ChatGPT is one of the
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Q-Learning Explained: Tech Stocks Market Trends Analysis
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Sell-side most interesting: What is Q*? Relax, the fabled Q* is merely Q-Learning, says New Street, plus, Lucid’s demand problem, a lackluster Black Friday, and cheers for CrowdStrike. https://
thetechnologyletter.com/the-posts/sell
-side-most-interesting-what-is-q
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Career Progression for Handymen in America Management Shift
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“What do you think a handyman who is ‘promoted’ out in America ends up doing?” I’d assume a lot of it is moving into management/capital on either services or real estate.
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Economic realities of handyman work amid automation
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(I use scare quotes on “beneath” because I want being a handyman to be something with purpose and dignity, but don’t want that so much that one can’t perceive economic realities of what jobs compete with it and how.)
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Japan’s Consumer Surplus: Talent Allocation and Underpayment
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(There are many factors at play, but one reason inseparable from the consumer surplus in many fields in Japan is implicit subsidization by allocating very talented people to jobs which are a bit “beneath” their talents then overutilizing/underpaying them.)
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The Pick Two Dilemma: Honest Competent Reliable Workers
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Ruriko: Why do you keep using that handyman?
Me: He’s honest and competent.
Ruriko: He forgets half of the time he has promised to come over.
Me: In America, this is a classic “pick two” situation.
Ruriko: So there are no honest, competent, reliable handymen?
Me: “Promoted” out. -
Informatica CEO: Generative AI Will Create Significant Value
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Please enjoy my interview with Informatica CEO Amit Walia Informatica CEO: There is no doubt generative AI will create value “Any new technology is over-hyped in the short term … We’re in the very early stages of a generative AI hype cycle.” $INFA @Informatica