New sections may appear every week or just when I have something new to share.
Here’s a summary of some interesting news in the crypto world as of March 15, 2024:
Market Fluctuations:
Bitcoin Price Movements: Bitcoin’s price has seen some volatility this week. After reaching a record high of $73,000 earlier in the week, it dipped to around $67,000. Some analysts predict a potential cool-off period, while others remain optimistic.d I remain in the bullish camp.
Spot Bitcoin ETF Update: The record-breaking inflows of Bitcoin into Spot ETFs (funds tracking the price of Bitcoin) seen earlier this week have slowed down. However, the overall sentiment suggests a growing interest in regulated Bitcoin investment options. Exactly what I have been predicting.
Regulatory Landscape:
- UK Government’s Crypto Framework: The UK government announced a “world-first” crypto asset regulatory framework aiming to establish clear rules for the industry. This could potentially boost investor confidence and institutional adoption in the UK. The U.S. Congress remains asleep.
Other Interesting Developments:
- JPMorgan CEO Backtracks on Bitcoin Price Prediction: JPMorgan’s CEO, Jamie Dimon, who previously predicted a million-dollar Bitcoin price, reportedly stated that gold remains a better store of value. This reversal highlights the ongoing debate about Bitcoin’s long-term value proposition.
Resources to Stay Updated:
- CoinMarketCap: https://coinmarketcap.com/ provides real-time market data and news updates.
- Cointelegraph: https://cointelegraph.com/ offers news, analysis, and educational content on cryptocurrencies.
- CoinDesk: https://www.coindesk.com/ delivers breaking news and features on the cryptocurrency and blockchain space.
Remember, the crypto space is constantly evolving. These are just some of the top news items from this week, and it’s important to stay updated on the latest developments as you explore the crypto landscape.
Here’s a glimpse into some of the recent developments in AI from this week, as of March 15, 2024:
Policy and Ethics:
EU Approves Controversial AI Act: The European Union passed a landmark AI Act aimed at regulating the development and use of artificial intelligence within the bloc. The act outlines restrictions on high-risk AI applications, focusing on transparency, fairness, and accountability. This has received mixed reactions, with some praising its focus on ethics and others concerned about potential stifling of innovation.
OpenAI Lawsuit Against Elon Musk: OpenAI, a prominent AI research lab co-founded by Elon Musk, filed a lawsuit against him. The lawsuit reportedly centers around Musk’s alleged attempt to influence OpenAI’s research direction and development of its large language models in favor of a competitor he’s involved with. This highlights ongoing debates about the control and ownership of powerful AI technologies.
Advancements and Research:
AI Detects Heart Defects in Newborns: Researchers from Switzerland developed an AI algorithm that can automatically analyze medical scans to identify a specific heart defect in newborns. This could potentially lead to earlier diagnoses and improved medical outcomes.
New AI Model Streamlines Warehouse Operations: A new AI model was introduced that can optimize operations in robotic warehouses. This technology might improve efficiency, reduce costs, and enhance logistics management.
Industry and Applications:
Workplace AI Scrutinized for Negative Impacts: A study raised concerns about the negative impact of workplace AI technologies like monitoring software and instant messaging tools on employee well-being. It suggests a need for a more balanced approach that prioritizes both productivity and employee satisfaction.
Generative AI for Art and Design: There’s continued progress in generative AI models capable of creating realistic and creative text formats, images, and even music. This has implications for various industries like art, design, and entertainment.
Resources to Stay Updated:
- AI Weekly: https://aiweekly.co/ provides news and analysis on artificial intelligence research, applications, and industry trends.
- MIT Technology Review: https://www.technologyreview.com/ covers developments in AI alongside other emerging technologies, offering insightful articles and analysis.
- The Next Web: https://thenextweb.com/ features news and reports on AI advancements and their impact on various industries and aspects of society.
These are just a few of the exciting developments in the field of AI this week. As AI continues to evolve rapidly, staying informed about these advancements and their implications is crucial.
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.
