Share to Twitter Share to Linkedin TL;DR The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank AI continues to make headlines as both big and small tech companies release new products and features almost daily Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run Top weekly and monthly trades Subscribe to the Forbes AI newsletter to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And download Q.ai today for access to AI-powered investment strategies. Major events that could affect your portfolio A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even … [Read more...] about Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th
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What Investors Should Consider When Thinking About The Potential Of AI
Share to Twitter Share to Linkedin Ozi Amanat is an international investor, venture capitalist and founder at K2 Global . I asked ChatGPT its opinion about artificial intelligence (AI) systems in today’s society, and this is what it had to say: As an artificial intelligence language model, I do not have personal opinions or beliefs. However, I can provide an objective analysis of AI systems in today's society. AI has brought about numerous benefits to society, such as improved efficiency, accuracy, and decision-making processes. It has also contributed to advancements in medical research, transportation, and various other industries. However, the deployment of AI systems in today's society also presents potential risks, such as job displacement, privacy concerns, and the possibility of biased algorithms. Therefore, it is crucial to ensure that AI is developed ethically and responsibly to mitigate these risks and ensure that the technology benefits … [Read more...] about What Investors Should Consider When Thinking About The Potential Of AI
Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job
Share to Twitter Share to Linkedin Michael Saylor’s new job looks a lot like his old job: adding bitcoin to the balance sheet of his business-software company with religious fervor. “I'm a bitcoin maximalist, I happen to believe that bitcoin is an instrument of economic empowerment, it'll be beneficial to eight billion people,” Saylor told Forbes in an interview. “I also happen to believe that bitcoin is unique,” he continues, because of “the Immaculate Conception, decentralization, and its commodity status. All of these things make it the superior asset in the space.” The Immaculate Conception he means is the founding of bitcoin, as explained in a 2008 white paper by one or more people using the name Satoshi Nakamoto. Saylor stated that bitcoin is the only crypto asset which is truly decentralized and without an issuer. He backs bitcoin as a corporate investment in part because he believes there is regulatory agreement among U.S. regulators that bitcoin … [Read more...] about Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job
Large Language Models & AI In Healthcare
Share to Twitter Share to Linkedin Over the past few weeks, we have seen an ever-increasing number of companies that integrate generative artificial intelligence (AI) into their products. ChatGPT or other Large Language models are being added to features from Notion , Salesforce , Shopify , Quizlet , and others. What is the impact on healthcare? It will improve our last mile with our patients. This is huge as Engaging patients improves outcomes . Or said differently, Large Language Models (LLM) will save lives. Large language Models have existed for several years, with their development and popularity growing rapidly since the mid-2010s. The rise of large-scale neural networks and advancements in natural language processing (NLP) techniques have enabled the creation of increasingly powerful language models. All of those models are so-called transformers and were initially introduced in 2017 by Vaswani et al.. There were a few very successful early … [Read more...] about Large Language Models & AI In Healthcare
In Healthcare’s Game Of Monopoly, One Player Will Control The Board
Share to Twitter Share to Linkedin In healthcare, as in life, people devote a lot of time and attention to the way things should be. They’d be better off focusing on what actually could be. As an example, 57% to 70% of American voters believe our nation “should” adopt a single-payer healthcare system like Medicare For All. Likewise, public health advocates insist that more of the nation’s $4 trillion healthcare budget “should” be spent on combating the social determinants of health: things like housing insecurity, low-wage jobs and other socioeconomic stresses. Neither of these ideas will happen, nor will dozens of positive healthcare solutions that “should” happen. When the things that should happen don’t, there’s always a reason. In healthcare, the biggest roadblock to change is what I call the conglomerate of monopolies , which includes hospitals , drug companies , private-equity-staked physicians and commercial health insurers . These … [Read more...] about In Healthcare’s Game Of Monopoly, One Player Will Control The Board
Turtle Launches Electric Bike Cab To Whisk Riders Around Streets Of Paris
Share to Twitter Share to Linkedin Micro-mobility startup Turtle has launched an on-demand electric bike service that allows riders to order via an application a bike cab driven by a chauffeur. Turtle says its new urban passenger transport service targets both Parisians and tourists who want a unique and affordable alternative to ride-sharing services like Uber. The vehicle has three wheels and the company says that it emits no emissions and is made entirely of recycled material. The launch of the service comes after 5 months of testing including 3,100 trips. Because Turtle can use Paris’ growing network of bike lanes, the company is betting that it can deliver faster trips than cars or even public transportation, particularly during periods of heavy traffic. To attract riders, the application will display the price before the ride begins. And all the drivers have completed a training program and will be salaried employees rather than independent … [Read more...] about Turtle Launches Electric Bike Cab To Whisk Riders Around Streets Of Paris
How Investors Can Navigate Banking Uncertainty As Deutsche Bank, First Citizens Bank And First Republic Bank Stock Seesaws
Share to Twitter Share to Linkedin Key takeaways Bank stocks sold off heavily last week, as nervous investors ran for the exits over - well, basically nothing With no fundamental reasons for the sell off, they’ve rebounded swiftly on Monday First Citizens Bank is up over 45%, on news that it has acquired over $72 billion of assets from collapsed Silicon Valley Bank, at a discount of $16.5 billion After the collapse of Silicon Valley Bank and Signature Bank, as well as the weekend fire sale of Credit Suisse to rival UBS, Deutsche Bank was in the headlines last week as the latest in the financial sector to come under pressure. There have been numerous analysts and public commentators expressing concerns over the banking sector, worried about whether the initial collapses were a sign of a financial crisis brewing underneath the surface. As well as large banks like Deutsche Bank, regional banks have been hit particularly hard. First … [Read more...] about How Investors Can Navigate Banking Uncertainty As Deutsche Bank, First Citizens Bank And First Republic Bank Stock Seesaws