Category: AI

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MIT report ‘The GenAI Divide”; Business is missing the ‘transformation’ point of AI

Colin Henderson

State of AI in Business 2025 This post looks at the state of play for corporate AI deployment and bottom line impacts based on a recent MIT report. I would categorise the result as AI represents a net cost to most business with no consequential ROI nor improvement in Net Income or future cost reduction. Tools like ChatGPT and Copilot are widely adopted. Over 80 percent of organizations have explored or piloted them, and nearly 40 percent report deployment. But these toolsprimarily enhance individual productivity, not P&L performance. Meanwhile, enterprise grade systems, custom or vendor-sold, are being quietly rejected. Sixty … Continue reading MIT report ‘The GenAI Divide”; Business is missing the ‘transformation’ point of AI

AI

The Rundown: We sat down with OpenAI CEO Sam Altman at Dev Day 2025

Colin Henderson

For a wide-ranging conversation on the company’s new launches, AGI, the future of work, the rise of AI agents, and more The details: Altman said AI’s ability for “novel discovery” is starting to happen, with recent scientists across fields using the tool for breakthroughs. Altman thinks the future of work “may look less like work” compared to now, with a fast transition potentially changing the “social contract” around it. He believes Codex is “not far away” from autonomously performing a week of work, saying the progress of agentic time-based tasks has been disorienting. The CEO also highlighted the potential for a zero-person, … Continue reading The Rundown: We sat down with OpenAI CEO Sam Altman at Dev Day 2025

AI

Here are the week’s biggest tech developments across AI, chips, startups, and gadgets

Colin Henderson

Big tech moves AMD signed a multi‑year AI chip supply deal with OpenAI that includes an option for OpenAI to acquire up to roughly a 10% stake in AMD, signaling a deep strategic alignment around AI accelerators and long‑term capacity commitments.[2] Reuters also reported broader multi‑billion AI infrastructure investments by major firms as demand for training and inference capacity surges, underscoring continued capex intensity across hyperscalers and leading AI labs.[2] Tesla teased an October 7 event with investor focus on a more affordable EV to sustain unit growth, indicating potential product or roadmap updates for the mass‑market segment.[2] Startup financing … Continue reading Here are the week’s biggest tech developments across AI, chips, startups, and gadgets

AI

U.S. Army’s NGC2 cybersecurity “deficiencies” – moved a company shares down 8% based on false reporting

Colin Henderson

Great example of someone cherry picking part of a report and releasing to investment companies with missing context. Below are the primary PDF sources relevant to the Breaking Defense article on the U.S. Army’s NGC2 cybersecurity deficiencies including direct download links and formatted in APA style citations. These documents provide context or official background to the quotes and points made in the article. Official PDF Background Sources 1. U.S. Congress Hearing: Statement on Army Modernization, C2, and NGC2 • Direct Download: https://www.congress.gov/119/meeting/house/118206/documents/HHRG-119-AS03-20250506-SD006.pdf ⠀APA Citation:Mingus, J. J. (2025, May 6). Statement before the House Armed Services Committee: Army Modernization and Next … Continue reading U.S. Army’s NGC2 cybersecurity “deficiencies” – moved a company shares down 8% based on false reporting

AI

How is OSFI considering AI

Colin Henderson

https://www.osfi-bsif.gc.ca/en/news/peter-routledge-participates-fireside-chat-2025-iif-cba-canada-forum Artificial intelligence Moderator: How is OSFI considering AI – both for use by OSFI as the regulator, and for those OSFI regulates? Superintendent Peter Routledge: AI is part of OSFI’s expanding integrity and security risk lens. AI technologies present both opportunities and risks to the financial system. OSFI is focused on how AI affects institutions’ financial resilience and operational, cyber, and integrity and security risk profiles. We encourage thoughtful adoption—AI tools may become essential for areas like fraud detection and cybersecurity, but institutional governance and control must keep pace with deployment. OSFI is taking a measured, fact-based approach to AI … Continue reading How is OSFI considering AI

AI, Canada

The Canada AI Strategy Task Force was officially launched in September 2025

Colin Henderson

The Canada AI Strategy Task Force was officially launched in September 2025 by Minister Evan Solomon, marking a renewed effort to update and advance the country’s National AI Strategy. This initiative comes at a critical juncture as technological transformation and geopolitical forces reshape national priorities. Government of Canada launches AI Strategy Task Force and public engagement on the development of the next AI strategy From: Innovation, Science and Economic Development Canada Key facts about the AI Strategy Task Force Source perplexity.ai Purpose: The Task Force will conduct a 30-day “national sprint” from October 1 to October 31, 2025. Its primary goal … Continue reading The Canada AI Strategy Task Force was officially launched in September 2025

AI

AI helped recover £500m lost to fraud -UK government

Colin Henderson

A theme is developing in business that AI contributes business value by eliminating one of the moost pervasive data issues, one which Banks reallly suffer but all businesses do a large extent: that issue is co-relating customer data from disparate sources and producing a novel profile which can be used to create value through customer activity, inadvertent or deliberate, by identifying items such as missed opportunities, fraudulent activity or customer ignorance which resulted in losses or missed new business. The UK givernment has develpoed an AI tool to create a picture of citizen activity related to government payments, much of … Continue reading AI helped recover £500m lost to fraud -UK government

AI

OECD report on AI provides thoughtful and relevant context for current state

Colin Henderson

Intersting report from OECD. I focussed here in diffusion, i.e. the spread and systemic adoption of AI. With an eye on the eventual improvements in productivity effective diffusion is essential. The full report can be found at end of post.. For Bankers, consider this quote. This is the beginnings of the holly grail to address the elephant in the room of Banks data worries. Applications can transform customer relationships and marketing, by improving market segmentation and raising capacity to “Know Your Customer” (KYC), by automating basic customer services and enabling a 24/7 attendance, or by supporting content creation at lower … Continue reading OECD report on AI provides thoughtful and relevant context for current state

AI

Follow up to “Transformative AI, existential risk, and real interest rates” (Chow, Halperin, Mazlish, 2025) – Test and Conclusion

Colin Henderson

introduces a novel approach for forecasting the timelines for transformative AI by analyzing macro-financial markets—specifically, the behavior of long-term real interest rates. TEST: apply this framework to current situation and explain what the output tells us about transformative AI timelines. Analysis Follows: (Perplexity.ai) 1. Theoretical Mechanism Aligned AI (very high growth): If investors expect AI-driven explosive growth (e.g., 30%+ global GDP growth per year), they treat future consumption as less valuable (abundance lowers marginal utility), pushing up long-term real rates. Unaligned AI (existential risk): If investors think AI could cause human extinction, future consumption has close to zero expected value, … Continue reading Follow up to “Transformative AI, existential risk, and real interest rates” (Chow, Halperin, Mazlish, 2025) – Test and Conclusion