ECONOMY - AI Dynamics

(I don’t actually have any insider trading tips sorry. Unless enough traders decide to follow me so my pronouncements swing markets. That would be cool thought right?)

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18 November 2023

Sam Altman Ousted as OpenAI CEO in Major Leadership Change

By

@tiernanraytech

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18 November 2023 0h18

Sam Altman is out at OpenAI @OpenAI @sama @miramurati @sabrinaa_ortiz $MSFT #OpenAI #AI #artificialintelligence #deeplearning https://
zdnet.com/article/openai
-ousts-its-ceo-sam-altman-the-face-of-generative-ai/
…

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18 November 2023

OpenAI interim CEO Mira Murati replaces departing Sam Altman

By

@nathanlands

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17 November 2023 22h08

"Chief technology officer Mira Murati appointed interim CEO to lead OpenAI; Sam Altman departs the company. "Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board,

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17 November 2023

Alibaba Loses $20B After Scrapping Cloud Unit Spinoff

By

@ryan_browne_

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17 November 2023 17h41

Alibaba extends its tailspin… The company has lost more than *$20 billion* in market capitalization after it announced plans to scrap its planned spinoff of Cloud Intelligence Group. Investors were hoping for a successful listing of the unit- analysts had pegged its expected

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17 November 2023

AI democratizes capital access, reshaping global economy

By

@mustafasuleyman

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17 November 2023 17h27

Thanks to AI, more people than ever before can get things done with less capital investment. This is reshaping our globalized world in fundamental ways. https://
finance.yahoo.com/news/qa-with-a
i-expert-and-deepmind-co-founder-mustafa-suleyman-things-are-about-to-be-very-different-124814894.html
…

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17 November 2023