Last week [Apr 17-21] the Annual #ted2023 Conference was held in Vancouver [Canada], with the theme of ‘Possibility’ and Artificial Intelligence featured prominently on Day-2, as well as being a common thread throughout the five-day conference. #openai President, Chairman & Co-Founder Greg Brockman gave a riveting presentation on the latest advances of the yet unreleased version of GPT-4 and what it means to the future …
Expected Job Losses to AI + Automation are Overblown!! Here’s Why…
There is no shortage of news articles, Youtube videos, and other publications making the somewhat compelling but extremely simplistic argument that AI and Automation will take most of our jobs, up and down the value chain. Five to ten years ago the prevailing argument was that white-collar workers were somewhat immune and that mostly blue-collar worker jobs would be impacted …
Unicorns, Decacorns and Tech Start-ups: The impact of an increase in later stage Venture Capital
According to a recent interview conducted by Simon London of McKinsey Publishing with two McKinsey partners, one from San Francisco (Kara Sprague) and the other based in Hong Kong (David Cogman), more and more companies at relatively high valuations are staying private and no longer racing to list their shares on public markets to finance their growth, due to a …
Innovation and progress on Clean Technology and Renewable Energy on hold in the USA after Supreme Court ruling…
In a major set-back to further innovation in clean technology and reducing the planet’s largest polluter’s GHG emissions, the US Supreme Court in a highly unprecedented move yesterday ruled to put a temporary block on Obama’s ‘Clean Power Plan’, as a result of a lawsuit from 29 states and the Energy Industry in the United States. This ‘backward looking’ ruling …
Financial Technology Innovation & Start-ups
A recent study shows that a growing number of start-up companies are using Peer-to-Peer solutions, Social Media and advanced Data Analytics to develop products, manage risk, and improve services in the Financial Services industry — mostly in payment transactions, with some advances in credit and risk scoring areas. While it appears that they are mostly staying away from large corporations and …