Can Facebook’s AI Dream Resolve Its Revenue Nightmare?
#AI #AIio #BigData #ML #NLU #Futureofwork @ahier @guzmand
@DavidBrin @denisegarth @dez_blanchfield @diioannid @DioFavatas @gerald_bader http://
ow.ly/t6oC30svHUz
ECONOMY
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Facebook’s AI Strategy as Solution to Revenue Crisis
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Money 20/20: AI Dominates Fintech While Crypto Cools
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At Money 20/20, we spoke with fintech execs to find out what's hot – or not – in the industry. Tl;dr – B2B firms with stronger unit economics attracted much attention, but AI was the standout theme. As for crypto? Not so hot @ArjunKharpal @KenzieSigalos
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Generative AI Race Reveals Environmental Cost
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The Generative #AI Race Has a Dirty Secret https://
bit.ly/3JWWiEU via @WIRED #ClimateChange #CarbonEmissions -
Banks Enter the Metaverse: Web3 Financial Integration
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Banks Have Come to the Metaverse! https://
coindesk.com/web3/2023/06/0
8/banks-have-come-to-the-metaverse/
… via @coindesk #MetaverseWorlds #VirtualWorld #web3 #VR #AR #MR #XR #AugmentedReality #VirtualReality #tech #Bot #metaversenews #opensource #bot #python #twitme #MANA #MetaverseNFT #NFTs #Metaverse -
Workplace Broken Culture Drives Quiet Quitting and Rage Applying Trends
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Trends like rage applying and #QuietQuitting stem from a broken workplace, says a #FutureofWork expert. There’s one way to fix it https://
bit.ly/40VpjHb -
Era 300 Headphones: Justifying the Investment in Premium AI Hardware
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Fives. I want the new Era 300s, but can't justify them.
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Generative AI: Realistic Understanding Emerging, Hype Expected to Decline
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The good news is that folks are now starting to having a slightly more grounded understanding of what generative can and cannot do. Things are still very bubbly though, and sentiment will come down much further through the rest of the year and next year.
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AI Investment Expectations Unrealistic, Revenue Gap Massive
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That's because the expectations that people had for AI in Q1-Q2 2023 were entirely unmoored from reality. Investor expectations especially. It will take many years for AI-driven revenue to recoup the investment poured into AI in 2022-2023. Right now they differ by 10-20x.
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AI adoption is a multi-decade trend despite current bubble deflation
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The adoption of AI is a multi-decade trend that is only just getting started. The scope of AI use cases, the amount of revenue generated by AI apps will increase maybe ~10x in the next 5-10 years. And yet, AI is a bubble — which is now starting to slightly deflate.
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Tech adoption spreads from developed markets to emerging economies
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Technology ALWAYS starts here and moves elsewhere. When I was in Brazil the Taco trucks had Twitter and Facebook logos on them. Hint: we aren't using Brazilian tech.