Companies are generally created by wide eyed optimists who are trying to improve the world. As money flows in, the organisation takes on a life of its own. Those who fail to adapt move elsewhere. Profitable ideas are boosted.
ECONOMY
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Companies Increase Spending on AI Advertising Software Significantly
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In this week's @Digiday AI Briefing, I wrote about how companies spent at least $40 million on advertising AI software across print, digital, TV, etc. And that's just through September.
In Q3 2023, companies spent $35 million, a 550% increase from Q3 2022. https://
digiday.com/media-buying/a
i-briefing-the-marketing-of-generative-ai-has-only-just-begun/
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Top 10 Global Trends 2023: AI, Climate, Elections, Work
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From the rise of #AI and the escalating #climate crisis to pivotal elections and evolving work dynamics, explore how the top 10 #global #trends of 2023 are set to reshape society and impact every individual, defining the trajectory of our world.
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Technology’s Purpose: Reducing Suffering, Increasing Happiness
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The goal of civilization is not to create full employment. It's to reduce suffering and increase happiness and health for everyone. That's the standard we should hold technology to, not its ability to create or replace work. The good news is, that's where we're headed
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Stock Market Decline Amid Middle East Conflict and Earnings
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The TL Podcast for October 29th: Stocks fall apart The stock market has turned decidedly sour in late October, following the war in Israel and Gaza, and a very mixed start to earnings season. https://
thetechnologyletter.com/the-posts/the-
tl-podcast-for-october-29th-stocks-fall-apart
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Information Asymmetry in Health Insurance and AI Ethics
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It suggests you have an informational edge as to your near term health outcomes over the insurance company, either because those outcomes are within your control or for another reason.
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Book Value Limitations for Software Company Valuations
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The book value for a software company (assets minus liabilities equals equity) will almost always fall far short of the true economic value, and nobody would use that for e.g. investing decisions in a small company, but it is “just real enough” to quickly handwave away a request.
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Business Pressure to Present Half-Truths Over Full Honesty
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It’s weird how often business will have a contra ask you for a particularly constructed half-truth, which you then provide and the contra accepts, thankful that you were not the unacceptable idiot that would drag things out by trying to describe the full truth.
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AGI Token: Agents, Nodes NFTs, and Value Generation
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$AGI By: AGI.eth The #AGIToken : 1). The #AGI Agents could generate most of the light cone of all future value. 2). The operation of an #AGINode NFT could yield $AGI (utility token / active income exclusively). 3). $AGI for products / services generated by the #AGIAgents.
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Biden Executive Order Establishes AI Safety Standards and Protections
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“President Biden issued a landmark Executive Order on AI that establishes new standards for AI safety and security, protects privacy, advances equity and civil rights, stands up for consumers and workers, promotes innovation and competition…” https://
whitehouse.gov/briefing-room/
statements-releases/2023/10/30/fact-sheet-president-biden-issues-executive-order-on-safe-secure-and-trustworthy-artificial-intelligence/
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