"Exciting developments in the world of business – construction equipment boom, hydrogen investments, and a return to cash payments. But with progress comes challenges, like the ongoing childcare shortage. It's clear that a human-centric approach, with AI as a partner, is key to
ECONOMY
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DeepMind Founder Warns AI Will Cause Massive Job Losses
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Le fondateur de @deepmind anticipe un cataclysme sur l'emploi Des millions de jobs remplacés par l'IA Il explique que les gouvernements vont devoir se préparer à soutenir massivement les travailleurs concernés parce qu'ils ne retrouveront jamais d'emploi https://
businessinsider.com/deepmind-found
er-universal-basic-income-needed-ai-job-losses-2023-5
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AI’s Role in Democracy Versus Authoritarianism Competition
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I wrote a letter to discuss why AI is so critical to the next phase of the world. The success of democracy versus authoritarianism will boil down to our ability to: – integrate AI into our military
– utilize AI to supercharge the economy Read more: -
Large Funds Redirect Capital from Crypto to Tech Valuations
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It’s a great way for large funds to deploy huge amounts of money diverted from metaverse/crypto/low-multiple SaaS investments. But I really don’t know if paying huge prices for cos that would otherwise have sold for these prices a few years back is wise. Let’s see!
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European AI Sovereignty Wave Sparks New Company Exodus
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Prediction: we're gonna see a wave of new A(G)I cos/large model companies in Europe (and perhaps other countries) that pitch the "AI sovereignty" agenda to local investors. This will result in an exodus from local AI lab offices of large tech cos. I hear France is cooking.
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Ethical AI Principles Boost Brand Reputation and Profitability
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"Adherence to ethical AI principles usually spells a win-win proposition in terms of a company’s brand reputation and P/L (profit and loss) results." #ResponsibleAI
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Pausing AI: Climate and Economic Consequences for Global Competition
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Let's say we hypothetically pause AI or even disallow it altogether and go back to old industrial era result-> we'd face accelerated catastrophic consequences from climate change +
an economic contraction too -> China/SE Asia have cost advantages in those sectors vs US/Europe. -
AI Won’t Replace You But AI Users Might
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AI is unlikely to take your job but someone using AI may is the likely story for the next few years and a reason for new skills training for both young and old. https://
businessinsider.com/ai-wont-take-y
our-job-someone-who-uses-it-might-2023-5?r=US&IR=T
… The 2030s may be different as AI advances and merges into robotics in the real-world but even