💥AI Erodes $500 Billion | Nvidia Hits $1 Trillion🚀

View this email in browser
Thursday, 01/06/2023

 

Hey RSS,

(5 minutes read)

Nivedan here again!

Welcome to the world’s fastest growing AI newsletter with over 66K subscribers.💪

I'll cover the biggest news 🗞, the coolest tools 🛠 and proven ways to earn more 💰 to future-proof your career in this new era of AI! 🤖🌐

Let’s get to it! 👇

Big News 📰

 

1. AI-Generated Pentagon incident unmasks Twitter verification loopholes 🚫🐦

Last week, a startling $500 billion evaporated from US stock markets.An AI-image depicting a false Pentagon attack circulated on Twitter, revealing the perils of misinformation and the potential for such manipulations to influence stock markets [link]

2. Nvidia nearing $1 trillion market cap 📈💲

US chipmaker Nvidia is on the brink of a $1 trillion market capitalization, thanks to robust sales of AI chips. Its shares have surged over 24%, making it the world's top-valued chipmaker [link]

3. Google partners with EU on AI guidelines 🤝💻

Google is set to partner with Europe on an 'AI Pact'. CEO Sundar Pichai and European lawmakers will establish a voluntary set of AI standards, with the specifics yet to be unveiled [link]

More News 📚

1. OpenAI advocates for international AI regulatory body 🌍🤖  [link] 

2. ChatGPT competitor restricts controversial content 🚫🗣️  [link]

3. Google's AI flood tool now aids 460 million people worldwide 🌊🌐  [link]

4. AI aids researchers in superbug-fighting antibiotic discovery 🧫🤖  [link]

5. ChatGPT conversations can now be publicly shared 📣💬  [link]

6. Lawyer cites fictitious cases created by ChatGPT, faces judge's disapproval ⚖️😒  [link]

 
Cool Tools 🛠️

1. Gamma : Your notes and docs transformed into presentations instantly 📝🎥  [link]

2. MyShell : Craft robots with distinct personalities and vast knowledge bases 🤖🧠  [link]

3. Dora AI : Building impactful websites, one prompt at a time 🌐🚀  [link]

4. Clippy : The AI assistant shocks with a candid attitude! 📎😲  [link]

5. Naval's Airchat : A new social media app changing the face of online communication 💬🔄  [link]

6. Empowerment for job seekers : AI interview coach for practice and prep 🎯👥  [link]

 
Hacks & Tutorials 🤯

Turn your snapshots into Van Gogh masterpieces with AI-powered photobooth 🎨📸 [link]

The Kaliber team, AI enthusiasts, have reinvented an old telephone system into an artistic photobooth, the Snap-a-tron Ultra 2000 Deluxe. This unique setup allows users to transform their Polaroid snaps into AI-generated, stylistic portraits, reminiscent of various art movements.

Before Image (antique telephone switchboard from 1960) 

 
After Image (an AI photobooth) 

 
Interesting Ideas 💡

1. Student's Success Story: Earning $64,000/month as an AI Pioneer in Just 6 Months 🎓💰[link]

2. Elon Musk's Perspective on AI and More in His Upcoming Twitter Spaces Interview 🚀💬 [link]

3. Key Takeaways from Sam Altman's Talk in London 🎤💼 [link]

4. AI Transforming Customer Service: Insights from Intercom's Event 🤖📞 [link]

 

Crazy Art 🤯

Journey Through Time: AI Reimagines Medieval Landscapes 🕰️🖼️

Credit: SeaArt_Ai on Reddit 📷

What aspects of AI worry you the most? Tell us in 10 seconds here! [link]

That was all for today! Hope you find these as mazedaar as we do! 😃

Liked it? Tell us in a reply and share with your friends! Go do NOW! 😉

Your AI Companion,

Nivedan

With ❤️

Team LLA

"Future & AI with Nivedan" is an epic collab with your favourite, India’s No. 1 Finance Influencers - “Labour Law Advisor” 🤝.

I'm Nivedan Rathi , an IIT Bombay graduate 🎓, ex-founding member of several tech & AI startups, and educator of all things AI, tech & startups. In the last 10 years, I’ve had a front seat ride on the Great Indian Tech Startups Wave 🌊 I’m super excited to all in on the most exciting human innovation to ever exist - The Great AI Evolution ⚡

Edition #20 | Read Online

Don't want to receive these e-mails? Unsubscribe here
This email was sent to: alexvarboffin.abbb@blogger.com

Read previous newsletters here 👉 Future & AI

Let’s follow the money

Where money is flowing in energy and what it means.

Subscribe The Spark By Casey Crownhart • 05.31.23 Hello hello, welcome back to The Spark!  Money makes the world go round. And when it comes to energy, we're seeing more investment than ever: companies, research institutions, and governments are all pouring money into technologies that could help power our world in the future.  The International Energy Agency just published its annual report on global investment in energy, where it tallies up all that cash. The world saw about $2.8 trillion of investments in energy in 2022, with about $1.7 trillion of that going into clean energy.  That's the biggest single-year investment in clean energy ever, and where it's all going is pretty interesting. I have some good news, some bad news, and a couple of surprising tidbits to share. So grab some popcorn and let's dive into the data.  Fossil fuels are faltering Let's start with what I consider to be good news: there's a lot of money going into clean energy—including renewables, nuclear, and things that help cut emissions, like EVs and heat pumps. And not only is it a lot of money, but it's more than the amount going toward fossil fuels. In 2022, for every dollar spent on fossil fuels, $1.70 went to clean energy. Just five years ago, it was dead even.  Clean energy's growing dominance is especially clear when it comes to solar power. In 2023, for the first time, investment in solar energy is expected to beat out investment in oil production. It's a stark difference from what the picture looked like a decade ago, when oil spending outpaced solar spending by nearly six to one.   While we're on oil and gas, I think it's worth pointing out one really interesting point: while there's a lot of money flowing to clean energy, it doesn't make up a big share of spending by fossil-fuel companies. See those tiny dark slivers in 2021 and 2022? That's the share of oil and gas companies' spending that went toward clean energy. Spending on oil infrastructure has fallen (which is what's allowed solar to catch up), but companies are making up for it by paying out dividends, buying back stock, and paying back debt rather than putting more into low-emissions tech.  Any investment and attention going to renewables and innovations that could help cut emissions is great, and I do think oil and gas companies can play a role in boosting new technologies, especially those where they have expertise (I'm looking at you, geothermal!). But I think it's important to keep that spending in context—oil and gas companies are putting less money into renewables than ad campaigns would have you think.  Bring it on Within clean energy, the vast majority of spending is going into renewables like wind and solar, grid upgrades, and efforts to improve energy efficiency.  But smaller sectors are growing quickly, especially when you look at projections for this year. I'm really excited to see how fast money is moving into electric vehicles: spending went from $29 billion as recently as 2020 to an expected $129 billion in 2023. And spending on batteries for energy storage is set to double between 2022 and 2023. All that new money could change everything, and there are already big shifts in the battery industry because of it. We can't seem to go more than a few days without an announcement of a new battery factory (most recently, yet another multibillion-dollar factory in Georgia).  If all these plans take shape, we're going to reach nearly seven terawatt-hours of manufacturing capacity for lithium-ion batteries in 2030. That's enough for over 100 million EVs annually. Most of it's going to be in China, but the US and Europe are starting to make a dent in that country's dominance of all things EV.  The road ahead So this all sounds like a lot of money … but is it enough?  To keep global warming below 1.5 °C over preindustrial levels and avoid the worst impacts of climate change, we need to reach net-zero emissions around 2050. If we're going to hit that goal, according to the IEA, annual investment needs to reach $4.5 trillion in 2030—nearly triple current spending. Some technologies are actually in great shape. Solar spending just needs to keep growing as it has been for that sector to keep pace with the 2050 goal. But there needs to be much more spending in other areas, especially technologies like energy storage and transmission lines—that will help balance the grid as more solar and other intermittent renewable power sources come online. There's also a huge geographical imbalance, and poorer countries will need a significant boost to help build up their electrical grids and establish new technologies.  Investments are broadly on the right track, and I'm excited to see what next year's report will hold. But there's still definitely a long road ahead and a lot of building left to do. Give your grad a year of MIT Technology Review and save 18%. With unlimited access to trusted reporting, expert AI insights, and in-depth emerging tech stories, they'll always be learning. GIVE A GIFT & SAVE Event EmTech Next Transform with Technology June 13 - 15, 2023 Learn more » Keeping up with climate Induction stoves could replace your polluting gas range. They might seem like magic, but these futuristic appliances are powered by magnets. (Canary Media) This is a great comprehensive guide to "permitting reform," a crucial policy fight in the energy space with what's possibly the most boring name possible. (Heatmap News) Electric cooktops, heat pumps, and EV chargers can help save money and address emissions in homes. But progress isn't always so simple when your landlord has the final say over changes. (Washington Post)  → We're going to need a lot more EV chargers. (MIT Technology Review) China was already the world's largest EV exporter, and now the country is shipping even more cars around the world. (Wall Street Journal) The first new nuclear reactor at Plant Vogtle in Georgia finally reached its full power output this week, only seven years late and $17 billion over budget. (Associated Press)  → Smaller nuclear reactors have been held up as a potential solution to delays and cost inflation. So where are they? (MIT Technology Review) Starting up on summer yard work? Here's a guide for all the electric yard tools your heart could possibly desire. (The Strategist) Just for fun The beautiful weather this past week has me feeling like these Swedish cows getting let out of the barn for the first time after a long winter. Go out and enjoy some sunshine! Thanks for reading, and I'll see you back here next week. Casey Was this newsletter forwarded to you, and you'd like to see more? Sign up today → View in browser | This email was sent to alexvarboffin.abbb@blogger.com. Manage your preferences | Unsubscribe | Terms of Service | Privacy Policy MIT Technology Review · 196 Broadway, 3rd fl, · Cambridge, MA 02139 · USA Copyright © 2023 MIT Technology Review, All rights reserved. Opt out of all promotional emails and newsletters from MIT Technology Review