New sections may appear every week or just when I have something new to share.
As of this writing Bitcoin was trading at $47,451 up to10% for the week. (The gain for 2023 was about 160%). I continue to believe the approval of ETFs by the SEC is a game changer. Spot Bitcoin ETFs are seeing strong Inflows. These ETFs, which directly track Bitcoin’s price, saw their third-largest net inflows since launching, indicating increased institutional interest. Forecasts of BTC for this year range from zero to $500,000. Some are saying $52,000 real soon.
Total market cap of all crypto is now $1.8 trillion. BTC is 52% of the total.
BTC dipped initially as institutional investors are absorbing what Bitcoin ETFs are all about. Anyway as I look at it, the fixed supply of BTC will be reduced. I am not recommending to anyone to buy BTC.
The world of AI is buzzing with activity. Here are some of the hottest recent headlines:
- Google changed Bard’s name to Gemini. It also introduced Gemini Advanced which they claim to be faster and better than chatGPT’s $20 per month offering.
- Google Cloud unveils Imagen 2: This text-to-image generation tool builds upon its predecessor, offering improved photorealism and user-friendly controls.
- EU approves first comprehensive AI rulebook: This landmark decision sets guidelines for developing and using AI systems, focusing on ethics, transparency, and safety. Meanwhile the U.S. Congress remains asleep at the switch and is unable to agree on anything including super important world changing things like AI and wars.
I have appeared in two new articles this month:
Sun and Surf Magazine of Palm Coast, FL published, “AI: Should We Fear it or Embrace it?”
A new magazine in Ridgefield, CT called Ridgefield City Lifestyle has published, “AI and Healthcare: A conversation with Dr. John patrick about how AI is transforming the healthcare space“
Following are videos of talks I gave this year. I have been fortunate to be able to share my thoughts on technology with a number of groups.
On September 14, I gave a talk on AI at the Ridgefield Library in Ridgefield, CT.
On July 21, I gave a lecture on AI @FoundersHallCT. I wan’t sure how many would turn out. It was a lot. Great interest in the topic. In addition to current events and outlooks, I told the audience about Robot Attitude: How Robots and Artificial Intelligence Will Make Our Lives Better.
On March 8th I was the guest speaker at the first meeting of Probus in Palm Coast, Florida on March 8. Probus is a worldwide organization of retired and semi-retired men and women who come together to make new friends, learn new things, and have fun. There are over 4,000 Probus clubs in more than 100 countries, with over 400,000 members. Probus clubs are non-political, non-sectarian, and non-profit. They are self-governing and autonomous, and each club sets its own policies and activities.
On March 30, I gave my 12th annual lecture called Tech Talk at Hammock Dunes Club in Palm Coast, Florida where I live in the winter.
On March 23, gave a town hall-like speech and Q&A with the IT special interest group (SIG) of the New York Executive Forum. The event was via Zoom.
On April 19, I gave a talk and Q&A with a group of Union Carbide retirees. Some years ago, Union Carbide had its headquarters about a mile from where I live in Connecticut. The event was via Zoom.
There are many more videos of my lectures, interviews, etc. on my YouTube channel which you can find here.