Here is the daily technology #threadcast for 10/31/24. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Here is the daily technology #threadcast for 10/31/24. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Can AI have any impact on Crypto? I mean will there ever be a time where chatgpt can tell me which crypto to invest in to guarantee profit? If it can have access to live data, can it do that? And how long till we see that if yes?
It is more vital than that. As more AI agents are created, they will ultimately have their own crypto wallet and make payments in crypto.
this is going to be a huge change. Then I'll have to make sure I'm ready enough to take advantage
Watch and learn. If I may ask, why do you organize your news threads this way?.
I like the style though.
It is technology, not news per se since this is focused. We need a news threadcast done each day.
Why do I do it this way? Think of it as a sub reddit...it allows people to easily find the data.
It also allows for relationship building for LeoAI.
oh okay I get it.
Is the platform using Brave browsers LeoAI?
No, we have our own AI thats reading everything happening on Hive blockchain. And its called LeoAI
wooooo🤯. Where do I go to test it out
Does anyone here believe that in a maximum of 500 years we will have enough technology to terraform Mars?
This is Elon Musk's personal desire. Although he once said he wants to see at least 1 million people on Mars by 2050.
Now, one thing is certain, we don't have the technology today to start this big project.
Theoretically do we have a lot of the technologies needed already. Problem is scale and thats its untested territory 😅
Yes, it's true, the big challenge would be to get out of theory and into practice in this dimension hahaha...
I honestly have no idea what it will take to terraform Mars.
Elon Musk is pushing SpaceX in the direction to have us populating the planet. What is required to make it livable is beyond me.
Hi, @coyotelation,
This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.
Get started with Darkcloaks today, and follow us on Inleo for the latest updates.
with the advent of Electric Vehicles and AI, what is your view on the relevance of oil and gas in subsequent years?
Huge. We are going to need a ton of energy, from all sources. Oil is going to continue to drive a lot of electricity needs...along with renewables.
The need over the next 10 years is explosive.
Batteries are going to play a huge part in allowing the storage of electricity which will help the grids.
When will we have no vehicle accidents in the future? I see autonomous as the solution but don't know whether it'll be in my lifetime
You will have autonomous vehicles as standard by 2035.
oh nice so a decade to go and no wheels, at least accident levels will drop. And any accidents that happens, AI can learn and correct the mistake and that type of accident will never happen again
Reuters: Musk's X ineffective against surge in US election misinformation, report says
https://www.reuters.com/world/us/musks-x-ineffective-against-surge-us-election-misinformation-report-says-2024-10-31/
Reuters: Semiconductor parts maker Aixtron secures solid Q3 orders despite core profit miss
https://www.reuters.com/technology/aixtron-posts-q3-core-profit-miss-2024-10-31/
Reuters: Microsoft and Meta shares fall in Frankfurt despite earnings beat
https://www.reuters.com/technology/microsoft-meta-shares-fall-frankfurt-despite-earnings-beat-2024-10-31/
Reuters: Big Tech's AI splurge worries investors about returns ahead of Amazon results
https://www.reuters.com/technology/artificial-intelligence/meta-microsoft-lift-ai-spending-worrying-wall-street-ahead-amazon-results-2024-10-31/
Reuters: US plans $825 mln investment for New York semiconductor R&D facility
https://www.reuters.com/world/us/biden-administration-selects-new-york-semiconductor-rd-facility-2024-10-31/
Reuters: US crypto industry expects friendlier Washington, whoever wins White House
https://www.reuters.com/world/us/us-crypto-industry-expects-friendlier-washington-whoever-wins-white-house-2024-10-31/
Reuters: Temu considers joining European anti-counterfeit group
https://www.reuters.com/business/retail-consumer/temu-considers-joining-european-anti-counterfeit-group-2024-10-31/
https://inleo.io/threads/view/mightpossibly/re-leothreads-2gs8iiuew?referral=mightpossibly
wait so this is how prompt engineering works, you first have to tell gpt who it is before instructing it? What a trick 🤔
You don't necessarily need to do it exactly like this, but yep, it's pretty neat. A more general version of this "trick" is to simply aim to provide the chatbot with as much context as possible.
For instance: Let's say you have a meeting transcript and want to generate a meeting summary based off of it. You could probably get away with a prompt like
But you would probably get much further with something more like this:
https://inleo.io/threads/view/mightpossibly/re-taskmaster4450le-24wdbzaae?referral=mightpossibly
I never gave gpt prompts longer than 2 line. I n. The more data you feed it with your instructions the better the results. Thank you for the lessons I'm going to practice right away
Awesome, I'm very happy to hear that. Do share whatever interesting stuff you figure out with us :) Also, feel free to tag me if you have questions or issues about anything in this regard. I'll help if I can
I'll definitely tag you, got a lot of prompt and programming questions too😁
Looking forward to it 👌
BBC: Instagram lowering quality of less viewed videos 'alarming' creators
https://www.bbc.com/news/articles/cp8xnm7z71go
A big question: Democrats and Republicans who do you think favors the tech industry of America the most?
Tech is made up mostly by people on the left. This coincides with the Democrats shift to the billionaires, favoring them. Silicon Valley is a very leftist place.
That said, this cycle people realize that Trump is far better for their business than Harris. A lot of tech billionaires are either pulling back (ala Zuckerberg) or going pro Trump (ala Musk).
Of course, the true power lies with the lobbyists and the greasing of hands in Congress. At that level, I would say they simply are dealing with whichever parts has power and can get things done for them.
Now, if I've got tech questions I'll just ask you not Google or gpt 😅 because your answers are just perfect. I understand it now. I also see why Elon supports Trump so much now.. it's all about what favors them the most at any given time.
The Elon Musk and Donald Trump relationship probably has to do more with the freedom of speech and the attacks on X as compared to other things he is doing in tech.
But that is just a guess.
The Biden Administration has continually gone after Musk, including Biden saying that Mary Barra led in turning US automotive to electric.
it's no wonder he had to make this decision you really can't blame the guy. I follow politics a lot but it's funny how now for some reason I'm following Musk, I guess it's because he's so involved right now.
The problem is everything is becoming politicized that people are having to decide. Unfortunately, it will not be resolved, only generate more anger. This is going to end up causing major divisions that cannot be united.
Sides are being drawn.
I hope this doesn't lead to some sort of Civil war in the country.
Oh this may be my first time trying your cast I'm still learning a few things. Ok my question is a bit weird. Is there something more powerful than technology that man can use to their advantage.
Technology is innovation materialized. That is how society advances.
So I would say technology is as much a part of humanity as anything else. We create our technology which, in turn, helps to evolve us.
BBC: China declares success as its youngest astronauts reach space
https://www.bbc.com/news/articles/c5yp47prg7jo
BBC: 'We were just trying to get it to work': The failure that started the internet
https://www.bbc.com/future/article/20241028-the-failure-that-started-the-internet
People might not want to pick cotton by hand when machines can do it faster and better. Machines help farmers grow food and cotton quickly. When robots do hard work, people can learn new skills and find better jobs that need human thinking and creativity. It's good to use machines for tough physical tasks so humans can do smarter work.
#AgriculturalTechnology
#Laborutomation
I saw this question on the Quora
Here is what I think
Yep. Russia will sell weapons to countries that don't like the USA and its friends.
The impact: Not really. Pakistan can't buy tons of Russian tech, and India is way stronger than Pakistan. If India ever needed help, other big countries would support them.
What's your thoughts?
#newsonleo
Why the US Can't Contain China’s Tech Supremacy Drive
transcript down below
"Just outline the five where they're dominant and the areas that they're growing."
"Right. So we looked with our Bloomberg Intelligence and Economics colleagues at 13 key technologies that are part of China's Made in China 2025 initiative from about ten years ago. The five areas where China is clearly leading as of this year would be drones, high-speed rail, EVs, as you were just discussing, solar panels, and graphene. Some advanced materials where their competitors will be things like semiconductors, AI, machine tools, LNG carriers - they have like a big ship target - and drugs like pharmaceuticals. Where they're really behind is commercial aircraft."
"Interesting, Cheryl, as you just read out this sort of dream smorgasbord of Bloomberg Technology stuff. I think one thing we reflect on in the show is that some of those key areas, right, semiconductors, even drones and TV, it's very policy-focused. In other words, the government in China can change their mind, but they're often willing to support those industries through finance or policy to make them successful."
"Indeed. I mean, industrial policy is a big part of it. China's new energy vehicle targets and plans go back to around 2009. So they predate Made in China 2025. How they do this is hard to quantify, but there are a lot of subsidies for buyers, for firms. There's state-backed credit, state-backed investment funds, government procurement, etc. But I think BYD is a good example. The EV sector clearly benefited from Chinese industrial policy, but the industrial policy also didn't pick winners, so to speak. BYD was the one that rose to the top, in part because consumers are ultimately the ones deciding, and now it is a globally competitive firm."
Octoverse: AI leads Python to top language as the number of global developers surges
Developers are building AI models into applications and engaging with AI projects on GitHub in large numbers. Python overtook JavaScript as the most popular language on GitHub in 2024 and Jupyter Notebooks use skyrocketed. Both are technologies heavily used in data science and machine learning. The number of developers on GitHub has rapidly grown since tools like GitHub Copilot started going mainstream in early 2023, with significant gains in the global south. There are signals that AI is driving interest in software development.
#technology #artificialintelligence #ai #python #programming
OpenAI Just Made an Important Service 80 Percent Cheaper
OpenAI's RealTime API will soon automatically cache audio and text inputs, reducing the cost of long conversations by up to 80%.
#technology #artificialintelligence #ai #openai
The New Glenn rocket’s first stage is real, and it’s spectacular
Blue Origin rolled out the first stage of its large New Glenn rocket on Tuesday night at a launch site at Cape Canaveral, Florida.
#technology #space #blueorigin #newglenn
How TikTok Saved Its E-Commerce Business in Indonesia
TikTok's e-commerce business in Indonesia was thriving, then one day, the government declared that social media platforms would no longer be allowed to process online payments, forcing TikTok to abruptly halt its e-commerce operations. Some Indonesian officials argued that TikTok was so popular it threatened to monopolize online shopping, while others said it didn't have the right license. TikTok's defenders said the government was acting on behalf of TikTok's competitors in Indonesia.TikTok Shop restarted as a pilot program under government supervision after teaming up with local company Tokopedia.
#technology #tiktok #ecommerce
AI can't feel real emotions like humans do. It copies feelings by looking at patterns in human talk and actions. Right now, AI just follows rules and learns from data. It doesn't have true feelings or understand emotions deeply.
#ArtificialIntelligence #EmotionalComputing
Sometimes AI makes mistakes or says weird things because it's just guessing based on information, not because it's actually feeling something.
When people say AI "hallucinates," they mean it makes up information that sounds real but isn't true. This isn't because AI is emotional, but because its learning system isn't perfect.
Dropbox cuts its workforce by 20 percent in latest round of layoffs
Dropbox is laying off 528 people amid slowing growth for its core cloud storage business. The company is making significant cuts in areas where it is over-invested or underperforming while designing a flatter, more efficient team structure overall. Affected employees will receive sixteen weeks of severance pay, equity, bonus plan lump sums, payouts of approved leave, and immigration consultation for those on work visas. Dropbox reported an increase of 63,000 paid users quarter over quarter for its second-quarter earnings this year, light compared to its total 18 million-plus user base.
#technology #dropbox #layoff #workforce
Belgium is constructing the world's first artificial island to harness offshore wind
Belgium is constructing a massive artificial island in the North Sea. Set to be completed by 2027, the island will enhance Belgium's renewable energy capabilities, integrating an impressive 3.5 gigawatts of offshore wind capacity into the Belgian power grid, enough clean electricity to power over three million homes. The project, which will cost €650 million ($702 million), is being funded by the European Investment Bank. The initiative is a key part of the EU's plan to phase out fossil fuels and fully commit to sustainable energy.
#technology #energy #wind
The computer people who make AI don't always know how it finds answers. They just help it learn by showing it when it's right or wrong, like training a pet.
#artificialintelligence #machinelearning
AI models do not work that way. It is not input/output like traditional computing.
The model is actually generating the answer each time. The challenge comes in when we get into the weighting. That can reduce the accuracy. It is why more data is required, to create more connections within the vector database.
I didn't know the weighing concept. When you responded I sent your comment through Gpt4 to explain and now I've learned something new.
Yea, pretty much
Some models do work exactly like that
I heard of this AI Judging AI thing coming up. Where AI will fact check itself.
Do you think that would work?
How would you define artificial intelligence to someone with no technical background?
It's a compute program that looks vast amounts of data and finds patterns. Then it can use these patterns to make predictions or generate new data
Quite a good one. So by this we can say AI is not necessary accurate but a good guesser?
Data wrapped in algorithms and run through compute processing (GPUs).
I get it. But is there non technical way for saying it?
And thanks for the upvote support. Appreciate it, I need more RC so probably in seven days it should increase my RC
La IA es tu asistente personal y tu ayuda memoria, para tus asustos personales y profesionales.
I don't speak Spanish so I translated it
If this was your answer then it's beautiful.
Do you think AI and automation will force humans to enter a dystopian future?
#askleo
It depends upon how it is handled.
If people keep feeding Web 2.0, then yes. However, if people embrace Web 3.0 and get staking income, then no.
Then Web3 would be creating Jobs for those who would lose their jobs to AI....
We digitalized scent
Scientists from Osmo have fully digitized and reprinted the scent of a fresh summer plum using AI. They created a system that can analyze air molecules to determine scents and then print the scents as a clear liquid. The printed scents smell the same as the original scents, showing that the team was able to give their computers a sense of smell. A video from Osmo explaining its technology is available.
#technology #artificialintelligence #ai #scent
Smell TV incoming 😅
Zoox custom robotaxis are finally coming to San Francisco and Las Vegas
Zoox, which was founded a decade ago and acquired by Amazon four years ago, will start rolling out its robotaxi service in San Francisco and in Las Vegas in the coming weeks. It will start by offering employees rides in the SoMa neighborhood of San Francisco and on the Las Vegas Strip. The company has been working closely with local and federal safety regulators and will take a measured approach to rolling out its robotaxi service. It plans to scale production in 2026.
#technology #zoox #amazon #robotaxi
People think Amazon (Zoox) and Google (Waymo) are actually players in this market.
Watch what Tesla does to them once it opens up its platforms. We will see that in 2025 in a couple states.
AI
Google Maps will use AI to answer questions about the new restaurant you want to try
Google Maps is getting a big update that’s supposed to help you find new places to visit with AI. Starting this week, you’ll be able to explore more locations with Immersive View and search for specific spots based on a descriptive query like “things to do with friends at night.”
#technology #google #ai
Google will then use its Gemini AI model to come up with “inspirational collections” matching that description. For late-night options, Google Maps might pull up locations categorized as “speakeasies” or places with “live music.” Meanwhile, regular search results remain below these collections.
But that’s not the extent of the AI features Google is adding to Maps. Once you tap on a location, you’ll see AI-generated summaries of user reviews, along with a prompt to “Ask Maps about this place.” Here, you can enter a question, and Maps will use Gemini to provide an AI-generated answer based on what it’s gathered from reviews.
During a press briefing, Google Maps head Miriam Daniel demonstrated how this might work by selecting a restaurant and entering, “Is it a quiet atmosphere?” Google Maps then returned an answer saying the location “has a lively atmosphere and a cozy feel.” Beneath the response, you’ll see the reviews Gemini used to inform its answer. These features are rolling out on Android and iOS this week in the US, building upon the AI integration Google began experimenting with earlier this year.
“We wanted to make sure that anything we show in this experience is fresh and factual,” Daniel said. “There are 100 million updates happening every day, and we’re able to pull from that refreshed fresh information and ground the results from Gemini... making sure that the results show real places on the map.”
Google is also expanding Immersive View to 150 cities. This feature, first rolled out in 2022, combines Street View and satellite images to provide an aerial view of a location, while also offering the ability to explore a city at street level. Some other updates include enhanced navigation that will show more details on the map when driving in select cities and updates to its Waze-like destination guidance features it previewed in July. Speaking of Waze, the Google-owned app is also adding the ability to report incidents on the road with your voice.
#ai is being integrated into everything. This is why we need to get #leoai going.
Task, even on a milk carton and I saw something related to AI here.
It's incredible how fast things are going.
We know that it is a path of no return and it will be essential to have AI in our daily lives.
Each time we do a thread, we are integrating data with LeoAI. The same is true for many social media platforms.
So yeah, it is unavoidable.
AI researchers have pinpointed key insights into hallucinations, revealing that bigger language models tend to be more reliable. Asking models about their confidence levels can actually help predict the likelihood of fabricated information, and when accuracy dips, the responses become increasingly unpredictable. #AIResearch #MachineLearning
Transcript Below Incase you want to read
#TechTrade #USsanctions #RussiaIndia
#NvidiaChips
So is this new that we're starting to see India as a way of accessing Nvidia chips for Russia? For example, I think the role of India has certainly come into focus for the West, so for Europe and the US, over the past couple years. They've been looking at various countries in Asia as transshipment hubs where these goods can essentially come from subsidiaries, vendors, distributors. These goods are primarily manufactured by Western companies and primarily US companies actually.
So the role of India - I guess the magnitude of the role of India as a hub - has certainly become much greater over the last few months. And why have they become such prominent actors in what is basically Russia trying to navigate barriers to accessing US tech?
There's a lot of reasons. I mean, partly when we talk to officials in the US and Europe about it, one thing they point to is that India has been buying a lot of Russian oil and Russia has a lot of Rupees at its disposal, so it's been using these Rupees to spend them essentially buying these goods out of India. So that's one big part driving this increase of this trade.
Another reason is also that Western officials - the US and Europe - have put a lot of effort into cracking down on other transshipment hubs. For example, earlier last year there was a big focus in the UAE, Turkey, Central Asia as areas where these goods were being sent to Russia.
I think a large part is the Rupees that Russia has to spend, but another one is that the West is cracking down on other areas where these goods were originally shipped from. Now these Nvidia chips are in Dell servers known as PowerEdge XC9680s, and Dell has said, look, since ever the sanctions came into place, they've stopped shipments to Russia.
But I'm interested in whether ultimately any of this is actually illegal. Well, technically it's not illegal in that India is not bound by US or European sanctions. In terms of the companies, I mean, it's true - a chip produced by a company in the US, I mean, its trade cycle, I guess, around the world is difficult to track because you have vendors, distributors, subsidiaries, all these other kind of companies or people that take part in the trade route.
So in terms of legal responsibility, it's almost impossible to place that on someone, certainly in the US who would be liable. But what could happen ex-post is that - which has been happening is that - the US could, for example, designate a lot of these companies, a lot of these intermediaries around the world who do participate in the trade of these goods.
Is it currently feasible to build an Interstellar vessel with our current technology? How long would it take to reach other planets using our current technology?
I dont think the engineering is there.
Do you think AI would be able to speed that up once it gets super good. Or you don't think there is any connection between AI and Space Engineering?
Right now, our rocket engines aren't good enough to fly really far into space. Our current engines are too heavy and can't go fast enough.
Antimatter could give us super powerful energy, but we can't make or store it easily. Even if we could use antimatter, we'd still need tons of fuel. Maybe using a special space scoop to collect fuel while moving might help.
Turning antimatter energy into rocket power isn't working well right now. We'd want a spaceship that can speed up at about half or one times Earth's gravity, but our current ion engines are way too weak.
Better space engines might be possible, but this could take hundreds of years to figure out.
Also, the whole world probably can't afford to build a giant spaceship right now. We'd need thousands of people to live on the ship for a trip that takes over 20 years. It would be like a floating city in space.
Maybe in thousands of years we might make a warp drive, but not anytime soon.
EU, US, UK sign 1st-ever global treaty on Artificial Intelligence
The EU, US, and UK have signed the first international, legally binding AI treaty.
Known as the "Framework Convention on Artificial Intelligence," this treaty focuses on aligning AI with human rights, democracy, and law. Countries like Andorra, Israel, and Georgia are among the initial signatories, showing widespread interest.
#newsonleo
The treaty emphasizes a cooperative approach, bringing diverse nations together to address the ethical use of AI.
The hope is that more countries will soon sign and ratify this treaty, creating a global framework for AI oversight.
This treaty is backed by the Council of Europe, known for advocating human rights.
Why AI Governance is Necessary
AI’s potential benefits are vast, but unchecked development could lead to misuse, privacy issues, and bias in AI systems.
Countries are recognizing the need to create boundaries to avoid these risks becoming global problems.
The treaty prioritizes human rights, especially in monitoring AI’s influence over data privacy, surveillance, and decision-making.
It seeks to prevent situations where AI-driven systems might unfairly target or disadvantage groups of people.
AI systems have the potential to impact democratic processes, from election influence to law enforcement.
By focusing on democracy, the treaty aims to prevent AI from becoming a tool that undermines fair governance.
Article
Google Maps vai recomendar lugares com IA e alertar eventos climáticos
O Google Maps se integrou ao Gemini e agora oferece aos usuários a opção de fazer buscas por restaurantes, bares, casas de show e muito mais com inteligência artificial (IA). A novidade foi apresentada junto a outros recursos, como o alerta de eventos climáticos no trânsito, nesta quinta-feira (31) pelo Google.
#technology #ai #google
Também é possível fazer perguntas sobre a localização, como “o restaurante tem um espaço ao ar livre?”, e receber um resumo com as informações solicitadas.
A ferramenta será liberada primeiro para os Estados Unidos e ainda não tem previsão para chegar ao Brasil.
“Nos próximos meses, você verá experiências semelhantes na Busca — incluindo resumos de avaliações gerados por IA e a opção de fazer perguntas detalhadas sobre lugares”, informou a empresa.
Além das indicações, o Maps vai mostrar faixas, marcações para pedestres e placas de trânsito no mapa no modo navegação. Segundo o Google, a novidade tende a auxiliar motoristas em vias desconhecidas com várias faixas, bifurcações e saídas.
Também será possível reportar eventos climáticos no caminho, como ruas alagadas, obstruídas ou de baixa visibilidade, para que outros motoristas sejam informados com antecedência. Além disso, o app vai mostrar estacionamentos próximos ao chegar no destino informado e apresentar as principais atrações e estabelecimentos no caminho.
Os apps para Android e iOS vão receber a capacidade de explorar ao longo do caminho, as notificações de eventos climáticos e a orientação de chegada a partir da próxima semana. A distribuição desses recursos será global.
Já a navegação aprimorada vai marcar presença a partir do próximo mês nos aplicativos “em mais de 30 áreas metropolitanas”. O Google pretende expandir o acesso para mais lugares ao longo do tempo.
What would happen if there was no technology?
People would still grow in number without machines and computers, but not as fast. Many would die early and there would not be enough food and other things they need to live.
#population #survival #technology
Many babies would be born since people could not stop pregnancies and wanted big families. But lots of babies and people would die because there were no good doctors, clean water, or ways to keep germs away.
Without shots, medicine, and good doctors, many more people would get very sick and die from diseases that spread quickly. This kept the number of people smaller in the past since lots of people died from being sick.
People could only grow food in small farms and hunt animals for meat. When food ran out, many would starve or not get enough to eat. The number of people would go up and down based on whether there was enough food.
Meta warns of 'significant acceleration' in costs tied to AI after strong Q3
Meta’s earnings come after encouraging results from digital ad bellwethers Alphabet and Snap.
Facebook owner Meta Platforms beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in artificial intelligence-related infrastructure expenses.
#meta #earnings #markzuckerberg #technology #ai
The results sent mixed signals to investors about whether digital ad sales from Meta’s core social media business would continue to cover the cost of its massive AI buildout.
Shares of the Menlo Park, Calif.-based firm fell 2.9% in after-hours trading.
“Meta needs to prove that it can continue to cover its AI costs as they rise next year, and any weakness in its core ad business could make investors nervous as they continue to wait for a return on Meta’s bigger AI bets,” said Emarketer principal analyst Jasmine Enberg.
Like its Big Tech peers, Meta has invested heavily in data centers to capitalize on the generative AI boom. Unlike providers of cloud services, however, it does not expect to earn money from those investments right away and therefore is more subject to scrutiny from investors around its spending.
The world’s biggest social media company, headed by CEO Mark Zuckerberg, kept costs in check in the third quarter, with total expenses of $23.2 billion and capital expenditure of $9.2 billion. It projected a slightly improved expense picture for the year as well, narrowing its total expense forecast to $96 billion to $98 billion.
In its press release, however, it warned of “a significant acceleration in infrastructure expense growth next year as we recognize higher growth in depreciation and operating expenses of our expanded infrastructure fleet.”
Article
Belgium is constructing the world's first artificial island to harness offshore wind
The €650 million ($702 million) project is being funded by the European Investment Bank, which recently finalized a green credit deal with Belgian transmission operator Elia
In a nutshell: Belgium is constructing a massive artificial island in the North Sea to enhance its renewable energy capabilities. Set to be completed by 2027, the island, dubbed Princess Elisabeth, will integrate an impressive 3.5 gigawatts of offshore wind capacity into the Belgian power grid. That's enough clean electricity to power over three million homes.
#belgium #island #wind #energy #power
Could be a great way to get clean and reliable energy.
Always thought Denmark was leading the way with these type of projects.
https://en.wikipedia.org/wiki/Energy_islands_of_Denmark
The renewable energy stats, like many (if not most) are heavily manipulated. I keep hearing how much power Europe is generating from renewables and the records they hit, then we hear they are turning back on coal plants.
Why wouldn't they just be honest with reality though?
A lot of agendas out there.
very true my friend, that's why we need information to escape the negative influence of the agenda
The problem is rather that we produce a lot of energy when its windy and sunny outside, but we dont have any backup when its calm and cloudy. Thats why sea placed can be a soloution.
Solar still produces when it is cloudy, just not as much. Wind is a problem since it does cause havoc. I am not a fan of that. Solar has its place but is not the totality of the answer in my view.
Otherwise you open up yourself to be energy bullied like Germany 🤣🤣
That is a great example of stupidity run amok.
Solar also have the huge problem that it produces basically just half the day. Winter time its pretty bad where I live.
So yeah, we need a solid base power thats stabile combined with renewable.
Morons here in sweden shut down fully working nuclear before any alternative was built and integrated...
The €650 million ($702 million) project is being funded by the European Investment Bank, which recently finalized a green credit deal with Belgian transmission operator Elia to kick off the first phase. This initiative is a key part of the EU's ambitious REPowerEU plan to phase out fossil fuels and fully commit to sustainable energy.
The island will be constructed approximately 45 kilometers off the Belgian coast within the Princess Elisabeth wind zone.
In addition to renewable energy generation, the island is designed to serve as an energy trading hub for the entire continent. The plan includes specialized "hybrid interconnector" transmission lines that will link the island with neighboring countries. These hybrid lines will integrate with the wind farms, enabling two-way energy flows.
Article
Believe this 700 mill is totally worth it. Money well spent but since it's artificial how long till it sinks or it will not?
Wow, that's great adventure
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia's gains.
As it turned out, S&P was calling the top.
#supermicro #ai #computer #technology
Less than two weeks after the index changes were announced, Super Micro reached its closing high of $118.81 and had a market cap of almost $70 billion. The stock is down 72% since then, pushing the valuation to under $20 billion, the first major sign in the public markets that the hype around artificial intelligence may not all be justified.
Super Micro is one of the primary vendors for building out Nvidia-based clusters of servers for training and deploying AI models.
The stock plunged 33% on Wednesday, after the company disclosed that its auditor, Ernst & Young, had resigned, saying it was "unwilling to be associated with the financial statements prepared by management." Super Micro is now at risk of being delisted from the Nasdaq, and has until Nov. 16 to regain compliance with the stock exchange.
[Article](https://www.cnbc.com/2024/10/31/super-micros-50-billion-stock-collapse-underscores-risk-of-ai-hype.html0
VW Group’s Q3 profit crashes 42% - factories to close, thousands will be fired
#vw #automotive #evs #company #germany #factories
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your in your league you know just just
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go for the another team you know we
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often have a second favorite team right
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what's your second favorite you know
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maybe you used to be a fan of say the
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Golden State Warriors you know maybe now
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it's time to jump onto the who what's
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the next team right Oklahoma City
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they're good now go for them instead
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thanks for watching
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.
Uber reported third-quarter results on Thursday that beat Wall Street's expectations for revenue but missed on analysts' projections for gross bookings.
Shares of the company were down more than 5% pre-market on Thursday.
#uber #ridesharing #Technology #earnings
Here's how the company did:
Earnings per share: $1.20. That may not compare to the 41 cents expected by LSEG.
Revenue: $11.19 billion vs. $10.98 billion expected by LSEG
Uber's revenue grew 20% in its third quarter from $9.3 billion a year prior. The company reported $40.97 billion in gross bookings for the period, which is below the $41.25 billion expected by analysts, according to StreetAccount.
The company reported a net income of $2.6 billion, or $1.20 per share, up from $221 million, or 10 cents per share, in the same quarter last year. Uber said its net income includes a $1.7 billion pre-tax benefit from unrealized gains related to the reevaluation of its equity investments.
Uber reported adjusted EBITDA of $1.69 billion, up 55% year over year and slightly above the $1.64 billion expected by analysts polled by StreetAccount.
Article
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.
Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid to deepen its expansion into the country and take on big incumbents like American Express.
#fintech #jackdorsey #block #europe #technology #billionaire
The firm's business-focused payments arm, Square, told CNBC that it opened registrations for its Square Card product in Britain late Wednesday, marking the first time Block has expanded its business card offering outside North America, where it first launched in 2019.
Currently available in the U.S. and Canada, Square Card is a free business spending card that reduces the time between merchants making a sale and having funds available to spend. It competes with offerings from the likes of American Express and Citigroup.
Samina Hussain-Letch, executive director of Square U.K., said the launch of the firm's corporate card product in the U.K. would give merchants speedier access to funds and help them more easily manage their daily expenses.
"When designing this product we went back to our mission of making commerce easy," Hussain-Letch told CNBC. Based on internal research Square found that small and micro businesses "prefer their funds to be consolidated in one place," she said, adding that real-time access to funds was also an important factor.
Article
Here's a more detailed biography of Jack Dorsey:
Early Life and Education
Jack Dorsey was born on November 19, 1976, in St. Louis, Missouri, to Tim and Joyce Dorsey. His father was a financial advisor, and his mother was a nurse. Dorsey grew up in a family of modest means, and his parents encouraged his interest in computer programming from an early age.
Dorsey attended Central Methodist College in Fayette, Missouri, where he studied computer science and graduated in 1999 with a Bachelor of Arts degree. During his time at college, Dorsey became interested in programming and began to teach himself how to code.
Career
After graduating from college, Dorsey moved to New York City to pursue a career in finance. However, he soon became disillusioned with the financial industry and decided to pursue a career in technology instead.
In 2000, Dorsey began to work as a technical assistant for the investment firm, Omidyar Network, which was founded by Pierre Omidyar, the founder of eBay. Dorsey's job involved working with the company's early payment systems, which involved processing online transactions.
In 2006, Dorsey co-founded Twitter with Evan Williams, Biz Stone, and Noah Glass. The service was initially called "twttr" and was designed to allow users to send short messages, or "tweets," to their followers. Dorsey was responsible for designing the service's architecture and writing much of the initial code.
Twitter quickly gained popularity, and Dorsey became the company's first CEO. Under his leadership, Twitter expanded its user base and introduced new features such as hashtags and @mentions.
In 2008, Dorsey stepped down as CEO of Twitter, citing burnout and a desire to focus on other projects. He remained a member of the company's board of directors and continued to work as a consultant to the company.
Square
In 2009, Dorsey co-founded Square, a mobile payment processing company. Square's initial product was a credit card reader that could be plugged into a laptop or mobile device, allowing merchants to process credit card transactions on the go.
The company quickly gained popularity, and Square expanded its product line to include a mobile point-of-sale system, Square Reader, which allowed merchants to process transactions on their mobile devices.
Under Dorsey's leadership, Square expanded its user base and introduced new features such as online invoicing and payment processing for online businesses.
Return to Twitter
In 2015, Dorsey returned as CEO of Twitter, succeeding Dick Costolo. During his tenure, Dorsey oversaw significant changes to the company, including the introduction of new features such as live streaming and the expansion of Twitter's user base.
Dorsey also played a key role in Twitter's efforts to improve its product, including the introduction of a new user interface and the expansion of Twitter's video capabilities.
Departure from Twitter
In 2020, Dorsey stepped down as CEO of Twitter, citing a desire to focus on other projects and a need to delegate more responsibility to other executives. He remained the company's chairman and continued to work as a consultant to the company.
Personal Life
Dorsey is a devout Catholic and has stated that his faith plays an important role in his life. He has also spoken publicly about the importance of mental health and the need for companies to prioritize employee well-being.
Dorsey is also a self-taught programmer and has a strong interest in blockchain technology. He has invested in several blockchain companies and has spoken publicly about the potential of blockchain technology to disrupt traditional industries.
Net Worth
As of 2022, Dorsey's net worth is estimated to be over $2 billion, according to Forbes. His net worth is largely due to his ownership of Twitter and Square, as well as his investments in other companies.
Philanthropy
Dorsey has also been involved in various philanthropic efforts, including the St. Louis-based non-profit organization, The Fund for the School of the Art Institute of Chicago. He has also donated to various causes, including the Boys and Girls Clubs of America and the Make-A-Wish Foundation.
Impact on the Technology Industry
Dorsey's impact on the technology industry has been significant. He is widely credited with helping to create the modern social media landscape, and his leadership at Twitter helped to shape the company into the platform it is today.
Dorsey's vision for Twitter, which emphasized the importance of real-time communication and the need for a platform that could handle large volumes of user-generated content, helped to set the stage for the development of other social media platforms, such as Facebook and Instagram.
Overall, Jack Dorsey is a highly influential figure in the technology industry, and his leadership at Twitter and Square has helped to shape the modern digital landscape.
Perplexity's CEO punts on defining 'plagiarism'
Perplexity CEO Aravind Srinivas took the stage at TechCrunch Disrupt 2024 to dig into his startup's controversies — and business.
Perplexity’s CEO, Aravind Srinivas, wouldn’t say how Perplexity defines “plagiarism” in an on stage interview with Devin Coldewey at TechCrunch’s Disrupt 2024 conference.
#perplexity #cro #aravindsrinivas #ai #training #copyright
It’s a touchy subject. News Corp’s Dow Jones and the New York Post have sued Perplexity over what they describe as a “content kleptocracy.” Many other news sites have expressed concerns that Perplexity closely replicates their content — just this month, The New York Times sent the startup a cease and desist.
Srinivas was adamant that Perplexity “always cites its sources” and doesn’t claim ownership of any content.
“It’s surfacing content from the web, summarizing it in a manner that the user can digest,” he said, “and then provides all this information — exactly how journalists do their job, or academics do their job, or students.”
In a recent blog post responding to the Dow Jones lawsuit, Perplexity argued that publishers wished its technology “didn’t exist” and would prefer “publicly reported facts are owned by corporations.” But the post failed to address whether Perplexity allegedly regurgitates content at a massive scale, as some publishers claim — and then competes with those publishers for the same audience.
Article
NFL quarterback turned-founder Colin Kaepernick on the challenges facing disrupters
Colin Kaepernick took the stage at TechCrunch Disrupt 2024 to talk about the challenges that people who want to disrupt something face, both inside and outside of the tech world.
Former NFL quarterback and civil rights activist Colin Kaepernick took the stage at TechCrunch Disrupt 2024 on Wednesday to talk about the challenges that people who want to disrupt something are facing — both inside and outside of the tech world.
#nfl #quarterback #colinkaepernick #investor
“One of the biggest challenges that you will likely face when you try to disrupt something — or you try to do something you’re passionate about, and it ends up disrupting something in that process is you face a lot of resistance,” Kaepernick said. “There will be difficult times, and during those times, you want to have those people that you can lean on, the people that can support you, and that’s really what gives you that endurance.”
Kaepernick is no stranger to disrupting the status quo, as he made national headlines in 2016 when he took a knee to protest racial injustice. The former NFL star says that while he faced a lot of resistance, he also saw a push to create a better and more equitable future.
“When you do that and you see such a strong response to it, it really gives you perspective and insight,” Kaepernick said. “We have such a long way to go. But, the other part that I learned during that time period, there are also a lot of people that want to go that long way with you, and I think that has been the beautiful part coming out of that is while there has been resistance to it, there’s also been a lot of organizing.”
As someone who has had thousands of stories written about him, he now wants to help creators take control of their narratives with Lumi. The startup is aiming to empower creators by helping them independently create and publish stories and content.
Article