Lifeboat Foundation

Ever since the release of OpenAI’s new chatbot ChatGPT in November, investors have been enamored with A.I. and its potential to revolutionize the world’s economy. Hopes for a future with increased productivity and lower costs as A.I. tools are rolled out to the masses have helped to lift markets in 2023 despite stubborn inflation, rising interest rates, and consistent recession predictions from economists. After dropping more than 30% in 2022, the tech-heavy Nasdaq Composite has recovered nearly all of its losses, gaining over 28% year to date, and the S&P 500 is now up more than 12%.

While some on Wall Street question whether stocks can continue their run of form in the second half of the year, pointing to stretched valuations in the Big Tech names and A.I. plays that have led the rebound so far, Wedbush’s top tech analyst Dan Ives argues it’s just the beginning of the “A.I. gold rush.”

“Many of the tech skeptics will point to today as a ‘1999 moment,’ à la on the verge of the dotcom bubble/collapse, given the significant move in tech valuations. We strongly disagree,” the veteran analyst wrote in a Monday research note. “While valuations in tech will be front and center, we continue to believe A.I. is driving the tech sector to a ‘1995 moment’ with a long runway of growth ahead that we have not seen since the 1990s.”

Using ChatGPT can put you on the path to becoming a millionaire, according to a YouTube video from personal finance expert Jaspreet Singh.

Cotton is the primary source of natural fiber on Earth, yet only four of 50 known species are suitable for textile production. Computer scientists at DePaul University applied a bioinformatics workflow to reconstruct one of the most complete genomes of a top cotton species, African domesticated Gossypium herbaceum cultivar Wagad. Experts say the results give scientists a more complete picture of how wild cotton was domesticated over time and may help to strengthen and protect the crop for farmers in the U.S., Africa and beyond.

The findings are published in the journal G3 Genes|Genomes|Genetics. Thiru Ramaraj, assistant professor of computer science in DePaul’s Jarvis College of Computing and Digital Media, is lead author on the publication. Leaps in technological advancement in the past decade made it possible for Ramaraj to analyze the genome in his Chicago lab.

“The power of this technology is it allows us to create high-quality genomes that supply a level of detail that simply wasn’t possible before,” says Ramaraj, who specializes in bioinformatics. “This opens up the possibility for more researchers to sequence many crops that are important to the global economy and to feeding the population.”

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Continue reading “Why are wealthy men spending money to deep dive the ocean? | 60 Minutes Australia” »

One hundred thousand tons of clothes dumped illegally in a Chilean desert. The tragic collapse of the Rana Plaza garment factory in Bangladesh… People are increasingly turning to a concept called “circular fashion” that may help end situations like that. Beyond Reduce, Reuse and Recycle, it encourages innovative designs and values that attract both young and old. We catch up with some of the new business models, as well as the people buying into these novel products and services.

Guest:

Yasui Akihiro (Circular-economy researcher)

Have you ever wondered how can North Korea afford its nuclear program and the luxury goods for its leadership when its economy is effectively cut off from the world? Well… let me tell you a little secret.

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Continue reading “How North Korea Built the World’s Largest Criminal Empire” »

Gordon Moore, the co-founder of Intel who died earlier this year, is famous for forecasting a continuous rise in the density of transistors that we can pack onto semiconductor chips. James McKenzie looks at how “Moore’s law” is still going strong after almost six decades, but warns that further progress is becoming harder and ever more expensive to sustain.

A video worth watching. An amazingly detailed deep dive into Sam Altman’s interviews and a high-level look at AI LLMs.

Missed by much of the media, Sam Altman (and co) have revealed at least 16 surprising things over his World Tour. From AI’s designing AIs to ‘unstoppable opensource’, the ‘customisation’ leak (with a new 16k ChatGPT and ‘steerable GPT 4), AI and religion, and possible regrets over having ‘pushed the button’.

Continue reading “Sam Altman’s World Tour, in 16 Moments” »

A discussion of the fascinating concept of space folding as it is presented in the Dune legendarium. In order to fill the needs of the vast interstellar empire of Frank Herbert’s universe the mechanism of space-folding is heavily relied upon. This form of faster-than-light travel enables spaceships to traverse astronomical distances instantaneously, and has proven crucial in shaping its social, economic, and political dynamics. Spoiler warning if you are unfamiliar with Frank Herbert’s Dune.

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Continue reading “Space Folding Explained | Spacing Guild Navigation | Dune Lore” »