New sections may appear every week or just when I have something new to share.
As of this writing Bitcoin was trading at $52,005. (The gain for 2023 was about 160%). It appears the approval of ETFs by the SEC is a game changer. Spot Bitcoin ETFs are seeing strong inflows. The latest number I saw was more than $10 billion. These ETFs, which directly track Bitcoin’s price, saw their third-largest net inflows since launching, indicating increased institutional interest. Forecasts of BTC for this year range from zero to $500,000.
Total market cap of all crypto is now $1.9 trillion. BTC is more than 52% of the total.
The world of AI is buzzing with activity. Here are some of the hottest recent headlines:
It’s currently February 23rd, 2024, so let’s delve into some of the exciting developments in the world of AI this week:
Research and Developments:
- AI model predicts protein structures: Researchers at Google AI unveiled AlphaFold 3, a powerful AI model that can predict the 3D structure of proteins with remarkable accuracy. This breakthrough has far-reaching implications for drug discovery, material science, and understanding biological processes.
- AI-powered robot chef learns from scratch: Scientists at MIT developed an AI-powered robot chef that can learn new recipes by observing human chefs and experimenting on its own. This advancement pushes the boundaries of robot dexterity and adaptability in kitchen environments.
- Ethical considerations in AI-generated art: A new study explores the potential biases and ethical implications of AI algorithms used in art creation, sparking discussions about artistic ownership, representation, and potential discrimination.
Applications and Deployments:
- AI-powered tool detects early signs of Alzheimer’s: Researchers developed an AI model that analyzes brain scans to identify subtle changes associated with Alzheimer’s disease, potentially enabling earlier diagnosis and intervention.
- AI helps optimize energy usage in buildings: Companies are deploying AI systems to analyze building data and optimize energy consumption, contributing to sustainability efforts and reducing carbon footprints.
- AI-driven chatbots for mental health support: Mental health organizations are exploring the use of AI-powered chatbots to provide initial support and resources to individuals seeking help, potentially easing access to mental health services.
Concerns and Discussions:
- AI-generated deepfakes pose security risks: Deepfakes used for malicious purposes like creating fake news or impersonating individuals raise concerns about potential societal disruption and the need for robust detection and mitigation strategies.
- Bias in AI algorithms used in hiring: Studies reveal potential biases in AI algorithms used for resume screening and candidate selection, highlighting the importance of fair and responsible development and deployment of AI in HR practices.
- Regulations and governance of AI: Discussions continue around establishing ethical frameworks and regulations for developing and using AI, aiming to ensure responsible innovation and mitigate potential risks.
These are just a few highlights of the dynamic landscape of AI. If you have specific areas of interest, feel free to ask, and I can provide more details or explore other advancements in this ever-evolving field.
I have appeared in two new articles this month:
Sun and Surf Magazine of Palm Coast, FL published, “AI: Should We Fear it or Embrace it?”
A new magazine in Ridgefield, CT called Ridgefield City Lifestyle has published, “AI and Healthcare: A conversation with Dr. John patrick about how AI is transforming the healthcare space“
Following are videos of talks I gave this year. I have been fortunate to be able to share my thoughts on technology with a number of groups.
On September 14, I gave a talk on AI at the Ridgefield Library in Ridgefield, CT.
On July 21, I gave a lecture on AI @FoundersHallCT. I wan’t sure how many would turn out. It was a lot. Great interest in the topic. In addition to current events and outlooks, I told the audience about Robot Attitude: How Robots and Artificial Intelligence Will Make Our Lives Better.
On March 8th I was the guest speaker at the first meeting of Probus in Palm Coast, Florida on March 8. Probus is a worldwide organization of retired and semi-retired men and women who come together to make new friends, learn new things, and have fun. There are over 4,000 Probus clubs in more than 100 countries, with over 400,000 members. Probus clubs are non-political, non-sectarian, and non-profit. They are self-governing and autonomous, and each club sets its own policies and activities.
On March 30, I gave my 12th annual lecture called Tech Talk at Hammock Dunes Club in Palm Coast, Florida where I live in the winter.
On March 23, gave a town hall-like speech and Q&A with the IT special interest group (SIG) of the New York Executive Forum. The event was via Zoom.
On April 19, I gave a talk and Q&A with a group of Union Carbide retirees. Some years ago, Union Carbide had its headquarters about a mile from where I live in Connecticut. The event was via Zoom.
There are many more videos of my lectures, interviews, etc. on my YouTube channel which you can find here.
