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Archive for the ‘business’ category

Jan 27, 2023

Where Is Tech Going in 2023?

Posted by in categories: business, robotics/AI, security

A group of McKinsey’s technology practice leaders have taken a look at what 2023 might hold, and offer a few new year’s tech resolutions to consider: 1) Look for combinatorial trends, in which the sum impact of new technologies create new opportunities. 2) Prep boards for tipping point technologies. 3) Relieve the bureaucratic burden on your engineers to increase their productivity. 4) Look for new opportunities in the cloud. 5) Take advantage of how the cloud is changing security. 6) Take advantage of decentralized AI capabilities — and what this technology might mean for your business model.

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Six trends that will define the next year, according to McKinsey experts.

Jan 27, 2023

Elon Musk reiterates his belief that Tesla will ‘be the most valuable company on earth’ amid record quarter for the EV maker

Posted by in categories: business, Elon Musk, sustainability, transportation

Musk also teased that new products are under development, which presumably could be a new car model. Wall Street analysts expect a lower-cost EV that they have dubbed the “Model 2.”

“I should also say that we have other products in development. We’re not going to announce them obviously but they’re very exciting and I think we’ll blow people’s minds when we reveal them,” Musk said.

Other areas of growth for the company include Tesla insurance, which is currently at an annual premium run rate of $300 million. “We’re growing 20% a quarter so it’s growing faster than the growth in our vehicle business,” CFO Zachary Kirkhorn said.

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Jan 26, 2023

Amazon employees are already using ChatGPT for software coding. They also found the AI chatbot can answer tricky AWS customer questions and write cloud training materials

Posted by in categories: business, robotics/AI

Amazon employees are quickly discovering ChatGPT’s vast potential as a work assistant.

ChatGPT, the eerily intelligent chatbot that blew up since its November release, has been used in a number of different job functions at Amazon, according to internal Slack messages obtained by Insider. That includes answering job interview questions, writing software code, and creating training documents, as Insider previously reported.

One employee said in the Slack channel that the Amazon Web Services cloud unit has created a small working group to better understand AI’s impact on its business. Through testing, this team found ChatGPT does a “very good job” at answering AWS customer support questions, as most answers are based on public information. The AI tool was also “great” at creating training documents and “very strong” in corporate strategy questions.

Continue reading “Amazon employees are already using ChatGPT for software coding. They also found the AI chatbot can answer tricky AWS customer questions and write cloud training materials” »

Jan 26, 2023

Metal alloys may support nuclear fusion energy

Posted by in categories: business, nuclear energy

The research is a huge milestone towards fusion energy that can power millions of homes and businesses with a carbon-neutral energy source.

Researchers at the Lawrence Livermore National Laboratory announced that they observed a net gain in nuclear fusion energy for the very first time at the end of 2022. The research is a huge milestone towards fusion energy that can power millions of homes and businesses with a carbon-neutral energy source. However, converting this achievement into a practical nuclear energy source requires innovative technologies to bring fusion-powered society to life.


PNNL

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Jan 26, 2023

Arizona senator pushes to recognize Bitcoin as legal tender

Posted by in categories: bitcoin, business, finance, law

Stanislav Palamar/iStock.

If the proposed legislation is successful, Arizona will become the first state in the United States to officially recognize Bitcoin as a legal currency. This would have significant implications for the use and acceptance of bitcoin within the state. Not only would individuals and businesses be able to use bitcoin to pay debts, taxes, and other financial obligations, but state agencies would also be able to accept it as payment.

Jan 26, 2023

Why are so many tech companies laying people off right now?

Posted by in categories: biotech/medical, business

Didn’t they just have record-breaking profits?

There’s an eerie similarity to the statements tech companies have made about their recent layoffs. Mainly, if the press releases are to be believed, the C-suite of every Big Tech company on Earth — well, with the notable exception of Apple, which has not announced layoffs — figured no one would ever go outside or spend money offline again after the pandemic and their various online businesses would stay just as big as they were during the heights of covid.

I do love a heavily lawyered statement that was clearly written by the public relations department! In fact, these are all so similar that they might as well have come from the same PR person… More.

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Jan 26, 2023

Space Elevators Are Getting Closer to Reality

Posted by in categories: business, space

Theories on how to build a space elevator have been around for decades. Scientists say not only would such technology change humanity, but that we could have built one by now.

#Space #Science #Technology.

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Jan 26, 2023

Hear professor’s prediction on the future of AI tools

Posted by in categories: business, robotics/AI

The first 5 minutes are well worth it.


ChatGPT, an AI-powered chatbot that interacts with users and can provide lengthy and thorough responses to questions and prompts, is stunning users. Professor Scott Galloway from NYU Stern School of Business joins CNN’s Anderson Cooper to discuss. #CNN #News

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Jan 25, 2023

Tesla Plans $3.6 Billion Factory Expansion in Nevada

Posted by in categories: business, sustainability, transportation

The EV maker said it would keep growing its lithium-ion battery and electric-truck businesses and employ 3,000 additional workers.

Jan 24, 2023

LIVE: Scientists Demonstrate Latest Movement of Doomsday Clock

Posted by in categories: business, existential risks

The U.S.-based Bulletin of Atomic Scientists announces at 9:45 a.m. ET on Jan. 24 the location of the minute hand on its closely watched Doomsday Clock, indicating what world developments mean for the perceived likelihood of nuclear catastrophe.⭕️Sign up for our newsletter to stay informed with accurate news without spin. 👉https://www.ntd.com/newsletter.htm. If the link is blocked, type in NTD.com manually to sign up there.

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