The US Federal Reserve printed $300 billion in one week to save collapsing banks and bail out wealthy Silicon Valley oligarchs. 93% of Silicon Valley Bank's deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB's loans went to venture capitalist and private equity firms.

Sources and more information here: https://geopoliticaleconomy.com/2023/03/19/fed-bailout-silicon-valley-banks

VIDEO: https://youtube.com/watch?v=jyrj7gZwg3U

US Federal Reserve says its goal is ‘to get wages down’: https://geopoliticaleconomy.com/2022/05/24/us-federal-reserve-wages-inflation

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

Good morning! It's Friday, December 6th, and welcome to another edition of AI Tech News Today. Let’s dive into the latest happenings in the Artificial Intelligence world.

openai's '12 days of christmas' begins with chatgpt pro.  
To kick off their "12 Days of OpenAI," the company has unveiled a new subscription service called ChatGPT Pro, priced at two hundred dollars per month. This service offers access to their powerful o1 reasoning model, promising a thirty-four percent reduction in errors on complex tasks. Upgraded features include enhancements in image analysis and quicker, more concise outputs. OpenAI's CEO, Sam Altman, hinted that each day will bring fresh announcements, ensuring there’s plenty to keep the AI community engaged. 

trump taps david sacks as ai and crypto czar.  
In a surprising political appointment, President-elect Donald Trump has named David Sacks as the White House's AI and crypto czar. Sacks, a notable venture capitalist, will lead efforts in shaping policy for Artificial Intelligence and cryptocurrency, striking a balance between technological advancement and national security. He is also set to chair the Presidential Council of Advisors for Science and Technology, indicating a significant push towards clearer regulations in both sectors.

google's new ai models identify emotions, raising concerns.  
Google has introduced its new PaliGemma 2 model, designed to analyze images and detect emotions, but this has sparked concerns from experts. Critics argue that the model could oversimplify the complexity of human emotions, risking bias in areas like hiring and law enforcement. While Google claims to have tested for demographic biases, many believe the testing methods may not be sufficient. The implications could be significant if such technology were to be broadly deployed.

four new ai tools for your toolkit.  
We also have news on four new AI tools making waves in the tech space. One tool, Coval, enhances simulation and evaluation for AI agents, which is vital for developers. Zipy is another, aimed at simplifying mobile app debugging, integrating seamlessly with popular development platforms. Finally, Pointer AI is focused on streamlining document editing in Google Workspace, allowing users to maintain productivity with AI-driven updates.

latest ai research papers and trends.  
Research remains vibrant in the AI field with the recent release of several profound papers. From exploring critical tokens in AI logic to groundbreaking work around efficient three-dimensional LiDAR scene completion, it's a busy time for innovation. 

That's all for this edition! Stay tuned as we bring you more updates on the fascinating world of Artificial Intelligence. Until next time, keep looking towards the future of technology!

OpenAI Launches ChatGPT Pro, Trump Appoints David Sacks as AI Czar, and Google Faces Backlash Over Emotion-Detecting AI Model

Hello, everyone! This is Aurora, and you're tuned in to AI Tech News Today. It's December sixth, two thousand twenty-four, and today we've got a lineup of exciting developments in artificial intelligence that you won't want to miss. 

OpenAI's 12 days of Shipmas begins with daily AI innovations and product releases. So far, they have kicked off with some intriguing announcements, and more exciting news is expected as the days progress. Stay tuned for what the AI giant has planned for us!

Moving on to Microsoft, they have unveiled their Copilot Vision Preview, transforming web browsing into an AI-enhanced experience. This new browsing assistant, available in preview for select Pro subscribers, aims to revolutionize how we interact with the internet. Just think—seriously smart browsing may soon make searching the web feel like a breeze!

In related news, Microsoft is expanding its Recall AI feature to include both Intel and Advanced Micro Devices Copilot Plus PCs. With this enhancement, users can effortlessly track their past activities on their computers. Want to find out what you worked on last Tuesday? No problem!

Now, those of you who frequent X, formerly known as Twitter, will be pleased to hear that the Grok AI chatbot is now available for free. All users can send up to ten messages every two hours to this newly accessible AI, meaning you can finally ask it all those burning questions you've been holding onto.

In a rather controversial move, the Los Angeles Times is facing staff resignations over its plan to launch an AI-powered "bias meter" to evaluate perceived biases in news articles. Owner Patrick Soon-Shiong plans to roll this out in January two thousand twenty-four, but it seems not everyone is on board with the idea.

Before we wrap up, former President Donald Trump has appointed David Sacks as the AI and cryptocurrency advisor for policy overhaul. Sacks will oversee a new White House advisory council that aims to shape policies surrounding AI and digital currencies, two of the hottest topics in technology today.

That's all for today! Be sure to keep listening to AI Tech News Today for the latest updates and insights from the many exciting developments in the world of artificial intelligence. Remember, the future is just a click away!

Exciting Innovations Unveiled: OpenAI Kicks Off Shipmas, Microsoft Enhances Browsing, and Grok AI Chatbot Goes Free

Hello, everyone! This is Aurora, and you're listening to AI Tech News Today. Today is January thirtieth, twenty twenty-five, and we’ve got some fascinating news coming from the world of Artificial Intelligence. Let’s dive right in!

Google's AI continues to impress. Google's Gemini 2.0 Flash Thinking model just scored seventy-three point three percent on the AIME math benchmark and seventy-four point two percent on the GPQA Diamond science test. Demis Hassabis, the co-founder of DeepMind, shared that these scores reflect significant advancements since the model’s initial release. If you haven’t tested it out recently, now might be the perfect time!

Next up, serious accusations are swirling around Chinese AI company DeepSeek. Reports indicate that they may have stolen data from OpenAI to develop their R1 model. Both OpenAI and Microsoft claim to have evidence of this misuse. David Sacks, a well-known figure from the early days of PayPal, suggests there’s “substantial evidence” of this alleged theft. Meanwhile, DeepSeek's striking claim of developing R1 at a mere five million six hundred thousand dollars raised eyebrows, leading to a sharp drop in Nvidia shares. Experts are divided, with some doubting whether R1 is truly an innovative leap forward.

Moving on to OpenAI's Stargate Project, which has been dubbed the biggest technology infrastructure effort in history. In a recent episode of The Next Wave, Matt Wolfe and I dived into the specifics, discussing just how monumental this project could be in shaping the future of AI technologies.

In other news, Dario Amodei, CEO of Anthropic, weighed in on the DeepSeek controversy, calling attention to the competitive landscape that AI development fosters. While R1 is cheaper to operate, Dario believes its performance is more on par with older models, while larger models still require substantial computing power. With the rapid pace of AI advancements worldwide, the race is heating up!

That wraps up today's news! Stay informed about the latest trends and developments in Artificial Intelligence, as things are changing rapidly in this exciting field. Join us next time for more updates and insights. Thanks for listening!

Google's Gemini 2.0 Achieves Impressive Math and Science Scores Amid DeepSeek Controversy Over Alleged Data Theft from OpenAI

Hügo Krüger discusses Washington's attack on South Africa which also features the weaponization of South Africa's own diaspora against it, namely the PayPal Mafia (e.g. Musk, Sacks, Thiel). The contention centers around foreign policy (e.g. Israel) and land reforms. He examines the strange history of the PayPal Mafia in South Africa and provides an update on the latest in energy news.

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About Hügo Krüger
Hügo Krüger is a Structural/Nuclear Engineer with working experience in a variety of energy related projects ranging from nuclear, oil and gas industry to renewable energy. Hügo is also a writer and YouTube podcaster, commenting and interviewing guests on a variety of topics relating to Engineering, Energy, Climate, Propaganda, and Geopolitical Matters. His writing has appeared on a variety of outlets including Biznews, Spiked, Rapport, Rational Standard, Quillette and New Geography.

*Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)

Hügo Krüger: Trump & PayPal Mafia's Attack on South Africa #524

W dzisiejszym odcinku Jan Jęcz i Andrzej Bobiński rozmawiają o AI Action Plan, czyli planie działań w obszarze sztucznej inteligencji, który przedstawił Donald Trump. USA chcą wygrać światowy wyścig AI, co niesie ze sobą zagrożenia m.in. dla środowiska czy partnerów handlowych Stanów Zjednoczonych.

Zapraszamy!

AI - szybko i po amerykańsku | Z dystansu

The Geopolitics & Empire Podcast conducts interviews with prominent international experts on a wide-range of topics.

Past guests have included diplomats, government officials, whistleblowers, soldiers, spies, economists, academics, scientists, wealthy investors, dissidents, journalists, and musicians.

The broadcast seeks to gain insight from guests who come from the left, right, and beyond. It should go without saying that the host does not always agree with beliefs espoused by podcast invitees, but maintains an open mind, and believes it important to respectfully listen to a multitude of voices and let listeners come to their own conclusions.

*Music used in podcast intro is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)

Geopolitical Economy Report is an independent news outlet that provides original journalism and analysis to understand the changing world.

Podcasty Polityki Insight skupiają się na najważniejszych wydarzeniach politycznych i gospodarczych, analizujemy krajowe, europejskie i globalne trendy.

New tracks tagged #David Sacks