New sections may appear every week or just when I have something new to share.
Here are some of the top news stories this week according to Bard AI:
- Google AI researchers developed a new machine learning model that can generate different creative text formats.
- OpenAI deploys web crawler to gather data for GPT-5 .
- Stability AI unveils “Stable Audio” model for audio generation.
- AI leaders warn about the potential risks of AI.
AI is a rapidly changing and evolving field. It is very difficult to stay informed about the latest developments in AI in order to make informed decisions about how to use AI to your advantage. I hope these weekly snippets provides some highlights of what is going on.
Sam Bankman-Fried, the former CEO of FTX, was found guilty on all seven counts of fraud and conspiracy in his trial. This includes charges of wire fraud, securities fraud, and money laundering. Bankman-Fried was accused of using FTX customer funds to fund his own personal investments and to support other businesses that he was involved in.
Some view this as a major blow to the crypto industry, as Bankman-Fried was one of the most prominent figures in the space. He was also a major donor to Democratic politicians, and his conviction could have a negative impact on the crypto industry’s relationship with regulators. I don’t see it that way. I believe crypto will march onward and upward.
The Securities and Exchange Commission (SEC) is reportedly investigating Binance, the world’s largest cryptocurrency exchange, for money laundering and other violations. The SEC is reportedly looking into whether Binance has allowed its customers to trade unregistered securities and whether it has violated other US laws. This is the latest sign that the SEC is cracking down on the crypto industry. The SEC has filed lawsuits against several other crypto companies in recent months, and it has also proposed new regulations for the crypto industry. I don’t think the SEC is always right, but where there is fraud and money laundering, lock them up.
Bitcoin, the largest cryptocurrency, has been on the rise in recent weeks. Bitcoin’s price has increased by more than 20% in the past month. This is likely due to a combination of factors, including the weakening US dollar and the upcoming launch of Bitcoin futures ETFs.
The US dollar has weakened significantly in recent months, and this has made Bitcoin more attractive to investors. Bitcoin is seen as a hedge against inflation, and it is also seen as a store of value.
The launch of Bitcoin futures ETFs is also expected to boost demand for Bitcoin. Bitcoin futures ETFs are financial products that track the price of Bitcoin. These ETFs will allow investors to invest in Bitcoin without having to buy and store the cryptocurrency directly.
These are just some of the top crypto news stories this week. A good source of crypto news is CoinDesk.
Tech stocks coming back with a roar.Let’s hope the rally lasts.
I don’t think I add much with my Wall Street comments. I suggest a click on MarketWatch will do a much better job.
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.