ChatGPT is the latest Artificial Intelligence that has taken the world by storm. Its capabilities of understanding complex sentences and solving mathematical problems, as well as its innate ability to answer spiritual questions have garnered immense attention. With Elon Musk, Tesla Inc and SpaceX co-founder, leading the research and development, the world of AI is even more exciting and a little bit concerning. Find out why ChatGPT has gained such success and why experts are both worried, yet amazed with its abilities!
This week investors must consider the potential for recession and stock market recovery. DataTrek Research believes that a recession could actually help resolve three issues. Technology fund managers provide insight into investing in artificial intelligence, and ex-Treasury chief Larry Summers comments on the Federal Reserve's rate hike. Meanwhile, there is a surplus of agents in the real estate market and Bed Bath & Beyond is heading towards bankruptcy. Cathie Wood anticipates a robo-taxi boom could push Tesla up to $2,000 per share. Microsoft, Alphabet, Meta Platforms, Apple, Coca-Cola, Credit Suisse and First Republic Bank are all about to report profits. Invest with caution!
ChatGPT revolutionized the artificial intelligence (AI) sector and sparked billions of dollars worth of investments from Singapore to Silicon Valley. Discover how ChatGPT, OpenAI, and AutoGPT are transforming the future of AI and how Europe plans to regulate this technology with its Artificial Intelligence Act.
A recent study revealed that university accounting students outperformed OpenAI's ChatGPT chatbot in exams. 327 co-authors from 186 universities in 14 countries provided 25,181 classroom accounting exam questions, which showed that ChatGPT scored only 47.4%. This chatbot got better on true/false & multiple-choice questions but failed in short answers & mathematical calculations.
This week's tech news wrap-up features some exciting unveils - from AI-generated songs with over 250K Spotify streams and 10M views on TikTok to Apple Card's banking options, to Tesla's price slashing on Model 3 & Y cars. Keep an eye out for TechCrunch's Disrupt conference for more updates.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?