A profile of Alex Gerko, who used an Icelandic supercomputer and 25K AI chips to build XTX, an algorithmic trading firm that handles $250B of daily trades
XTX Markets conquered foreign exchange trading and made its Russian-born founder a multibillion-pound fortune X: @hsu_steve and @tonytassell X: Steve Hsu / @hsu_steve : Alex Gerko in FT. Not on X anym...
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more
Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be X: @tonytassell and @adsinuk X: Tony Tassell / @tonytassell : Strategies to bea...
Sources paint a bleak picture for startup founders in China; IT Juzi report: only 1,202 startups were founded in the country in 2023 compared to 51,302 in 2018
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation X: @carnage4life , @tonytassell , @michaelxpettis , @eleanorolcott , @hsu...
Q&A with Stanford professor Erik Brynjolfsson on generative AI, potential productivity gains, his “J-curve” and “Turing trap” concepts, AI drawbacks, and more
The Stanford professor on what generative AI will mean for productivity, jobs and the society of the future X: @tejparikh90 , @michaelrstrain , @futureworkinst , @pawlega , @tonytassell , @erikbryn , ...