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09.03.26 - 22:36
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AI is forcing journalism to rediscover what the profession actually does (SCMP)
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Around the world, news organisations are racing to create rules for artificial intelligence. Editors debate whether reporters may use AI to draft text, summarise documents or help in research. Some outlets promise readers they will disclose when a machine helps write an article. Others hope credibility will come from avoiding AI altogether.
But this debate begins with a mistaken assumption: that journalism earns trust because journalists physically write the sentences themselves.
That has never......
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09.03.26 - 20:54
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The Real Threat Is Artificial Credit, Not Artificial Intelligence (ZeroHedge)
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The Real Threat Is Artificial Credit, Not Artificial Intelligence
Authored by George Ford Smith via the Mises Institute,
Artificial intelligence is rapidly becoming one of the most capital-intensive industries in history. Consider: Semiconductor fabrication plants cost tens of billions of dollars. Massive data centers consume extraordinary amounts of electricity, sending power bills soaring. Specialized engineering talent commands premium wages. (Although the median salary for an AI professional is $160K annually, the top 1 percent of AI researchers receive compensation packages exceeding $1 million). Global supply chains must coordinate rare materials, precision manufacturing, and complex infrastructure.
Yet discussions about artificial intelligence almost never address the most important economic variable shaping its development: money.
From an Austrian perspective, the future of artificial intelligence ties directly to the monetary system that finances it. Whether AI produces sustainable pr...
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09.03.26 - 19:48
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Consumers Embrace More Gen-AI Apps (Bloomberg)
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OpenAI and Anthropic are becoming their own artificial intelligence app stores and consumers are embracing a wider number of generative AI tools, according to Andreessen Horowitz's “Top 100 Gen AI Consumer Apps” report. Olivia Moore, partner at A16Z and author of the report, discusses the findings with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...
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