An Evercore ISI economist criticizes Citrini's AI report, calling its assumptions “extreme and improbable”, but says it's a thought-provoking exercise
An Evercore ISI economist criticizes Citrini's AI report, calling its assumptions “extreme and improbable”, but says it's a thought-provoking exercise
Most of the sell-side has remained hilariously silent at a mere Substacker seemingly shaking markets, even though the anguish and frustration is almost palpable.
Both Baumol effect and Jevons paradox may apply to the AI supercycle, as services with AI productivity gains get cheaper, while those without AI become costlier
and gets pricier as wages rise (Baumol effect). Alex Danco / @alex_danco : The Baumol effect (I still like calling it “cost disease") is topical these days - we wrote about it in the newsletter, since...
OpenAI publishes a “economic blueprint” for “AI in America”, calling on the new Trump admin to spur investment from the Middle East and avoid strict regulations
The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.
US auto insurers are using AI to generate nearly instantaneous repair claims, using only photos of the damage, with COVID-19 spurring on adoption
Using algorithms, tech companies are helping insurers speed up the process after an accident, make it more accurate and keep estimators out of the field — a plus during a pandemic. Tweets: @tractable_...
China unveils official policy to build a domestic AI industry worth ~$150B by 2030, calling for AI companies and R&D to be at US levels of innovation by 2020
SHANGHAI — If Beijing has its way, the future of artificial intelligence will be made in China.
China unveils official policy to build a domestic AI industry worth ~$150B by 2030, calling for AI companies and R&D to be at US levels of innovation by 2020
SHANGHAI — If Beijing has its way, the future of artificial intelligence will be made in China.
Why a slowing upgrade cycle and other factors suggest iPhone sales growth won't recover
iPhone Warning Signs — Apple has spent years proving iPhone doubters wrong. Those who made a habit of calling for the iPhone's demise have watched the product go on to bring Apple over $600 billion...