Crypto remains a solution in search of a problem – Krugman


By Paul Krugman Opinion Columnist NYT “Then there’s cryptocurrency, which isn’t quite like other parts of the technology sector. Whatever you think of Musk, Tesla produces a real product with real uses; so, in a different way, does PayPal, the initial source of Thiel’s vast wealth. Crypto, by contrast, remains a solution in search of a problem. But a couple of months ago, there was Bernie Moreno, the pro-crypto Republican candidate for Ohio’s other Senate seat, at a bitcoin convention asking, “Are you sick of these politicians who say bitcoin is for drug dealing and money laundering?” Actually, no: I’m sick of … Continue reading Crypto remains a solution in search of a problem – Krugman

The Intelligence Age – Sam Altman


Sam Altman is solidifying his position as a leader in AI and the shift towards to AGI, and ASI (Superintelligence). I must admit I have not seen tangible staps towards AGI indicated from Altman (more on that here coming at Bankwatch) but he is setting the tone and exemplifying the power in that belief which I share and appreciate, given the mantra of this blog. My belief is that AI is stuck in single use siloed basic automation of current processes. The missing and next level will see collaboration between domains of digitisation, physcology, science, expontelly larger language models, and … Continue reading The Intelligence Age – Sam Altman

Sam Altman Pitches Utopian impact of Accepting UAE Oil Money Funding 


Sam Altman Pitches Utopian impact of Accepting UAE Oil Money Funding  The future of AI is bright, it’s AGI of Sam Altman’s variety where the elites work together against our common enemies.  MICHAEL SPENCER SEP 24, 2024 ∙ PAID “In the next couple of decades, we will be able to do things that would have seemed like magic to our grandparents.” – Sam Altman (in his latest Op-Ed).  Hello Everyone,  Things are getting weird in AI again, OpenAI thinks it’s worth $150 Billion while Anthropic thinks it’s worth $40 Billion, while Sam Altman penned an essay that feels like it was written by AI.  Upgrade … Continue reading Sam Altman Pitches Utopian impact of Accepting UAE Oil Money Funding 

Productivity growth levels comparable to those seen during the Industrial Revolution through AGI development will likely require extensive interdisciplinary collaboration


Here are some key areas of collaboration that seem necessary, with speculative examples drawing parallels to Industrial Revolution innovations: Speculating further, we might see the emergence of entirely new interdisciplinary fields, such as “AGI-Human Symbiosis Studies” or “Cognitive Economics,” which could drive innovations we can hardly imagine today. The key to achieving Industrial Revolution-level productivity growth will likely lie in fostering a collaborative ecosystem where these diverse disciplines can cross-pollinate ideas and rapidly translate theoretical breakthroughs into practical applications. Appendix – Sources used in development of this preliminary list [1] Generative Al https://ppl-ai-file-upload.s3.amazonaws.com/web/direct-files/7715488/6b52fa2c-7d10-4e62-873c-72b33a093504/TSGWhitepaperQ32023GenerativeAI-2.pdf%5B2%5D [PDF] Factor prices and productivity growth during … Continue reading Productivity growth levels comparable to those seen during the Industrial Revolution through AGI development will likely require extensive interdisciplinary collaboration

Interdisciplinary collaboration plays a crucial role in advancing Artificial General Intelligence (AGI)


The current suite of AI models can generally be categorized as “narrow” in the sense they satisfy a narrow set of related functions, and are closer to advanced digital process automation. Business deployment is heavily focussed on chat functions. Witness this weeks Salesforce results. Their CTO outlined their successes in offering their vision platform to multiple industries and growing rapidly in this lucrative market. but underlying their success is their offering as automated chat and CRM customer case management, recording and processing. AI enhances productivity through human displacement. However I submit their model is hardly transformative to the business model … Continue reading Interdisciplinary collaboration plays a crucial role in advancing Artificial General Intelligence (AGI)

Several key breakthroughs are suggested as necessary for achieving Artificial General Intelligence (AGI):


Open source research suggests these are areas of LLM development which are holding back real shifts in Gen AI development. Series parts: It’s important to note that there is ongoing debate in the AI research community about which of these breakthroughs are truly necessary for AGI, and whether some might be achieved through scaling existing approaches or require fundamentally new paradigms. The timeline for achieving these breakthroughs and realizing AGI remains uncertain and controversial among experts. Sources[1] Generative Al https://ppl-ai-file-upload.s3.amazonaws.com/web/direct-files/7715488/6b52fa2c-7d10-4e62-873c-72b33a093504/TSGWhitepaperQ32023GenerativeAI-2.pdf%5B2%5D The Quest for Achieving Artificial General Intelligence – CMSWire.com https://www.cmswire.com/digital-experience/the-quest-for-achieving-artificial-general-intelligence/%5B3%5D Why Artificial General Intelligence Lies Beyond Deep Learning | RAND … Continue reading Several key breakthroughs are suggested as necessary for achieving Artificial General Intelligence (AGI):

Summary of overall Gen AI status


This blog is working toward progress for siginificant productivity gains in business and the economy on a scale which exceeds the Industrial Revolution. A working assumption is the requirement to achieve AGI as a first stepping stone. This series is in 5 parts on the current state of Generative AI, including minimum stepping stones necessary to acheive AGI. AGI will not be achieved through money and investment in technology along; indeed thoughtful and broader investment and collaboration beyond technology and is required. The notion of AGI is often related to development of sentient humans. Sentient is hardly a commonplace word, … Continue reading Summary of overall Gen AI status

Palantir Wins $100 Million US Contract for AI Targeting Tech


By Katrina Manson September 19, 2024 at 3:34 PM EDT Save Listen 3:00 Palantir Technologies Inc. has won a $100 million contract that will extend access to artificial intelligence targeting tools to more US military personnel, giving them access to the company’s digital warfare platform. The platform, known as Maven Smart System, helps create a picture of the same battlefield on thousands of digital screens simultaneously. It draws on US intelligence data and uses computer-vision algorithms and AI-enabled software from other companies to help make sense of a situation and to find adversaries. The US military has used the system to help identify … Continue reading Palantir Wins $100 Million US Contract for AI Targeting Tech