Turns out, a lot of people! Kind of seems like they’re unclear on which of Elon Musk’s claims are backed by science, though:
“Also not sure if it will be possible right off the bat, but I am also a Tesla owner, and it would be pretty rad if I could communicate with my car using just my mind.”
[Rolling Stone]
There’s a bunch of examples here but frankly, the nut of the piece is pretty far down:
Bankers have a fiduciary duty not to trade on unreliable information. That’s an issue as use of AI expands.
If you can’t explain where your information came from, is it reliable? Oh well, the hedge funds are at it, too.
“Isn’t this sort of exciting?” writes Matt Levine. “The widespread use of relatively early-stage AI will introduce new ways of making mistakes into finance.”
“This is a facet of the larger AI story — which is to say it’s about automation,” writes John Herrman “But it’s also a story of a large platform deciding to compete more aggressively in the marketplace it controls.”
It’s unclear whether this is what users want. But there is a dark new future forming, one that might suggest fun new antitrust laws!
[Intelligencer]
“One appeal of generative A.I. is that it offers something for every would-be entrepreneur.” Yes, it is nice to see the hype machine in full effect, isn’t it? Here’s a sentence we should revisit in a year: “And unlike crypto, especially now, A.I. is a more credible field to be in for mainstream techies.” Anyway, every single one of these children would have gone to work on Wall Street before the year of our lord 2008.
[The New York Times Magazine]
Not the first time Fidelity marked down its investment and I suspect it won’t be the last:
Fidelity first reduced the value of its Twitter stake in November, to 44% of the purchase price. That was followed by further markdowns in December and February.
[Bloomberg.com]
Now the volume for its crypto on-ramp business has fallen by about 70 percent, its chief operating officer has left, and the chief technology officer left, too. The bagholders include Tiger Global Management and Coatue. Unclear what this all means for the celebs who bought in because of the NFT concierge service!