Tag: Wealth
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Simon Johnson explores the deep history of Power and Progress in relation to ChatGPT
Discover how innovation has historically only benefited a select few and learn how we can redirect technological advancements for shared prosperity in 'Power and Progress'.
Why Apple’s Vision Pro May Not Make You Look Cool
Apple's Vision Pro mixed-reality headset disappoints fans with its unattractive design. Unlike their usual status-symbol tech gadgets, the Vision Pro may make users look silly and disconnected. Despite trying to broaden their appeal, the headset may not hold up in today's market. AI glasses were postponed due to technical challenges, leaving the Vision Pro as their only option, which may not fare well.
Snapchat’s AI Bot: Not Intelligent Enough to Send Nudes
Snapchat introduces AI bot, My AI Snaps, for users to send and receive pictures. CEO Evan Spiegel acknowledges past controversies but AI bots are a hot investment in tech!
The five trillion-dollar companies, including Nvidia, Apple, and Amazon, accounted for most of S&P 500’s 10% gains this year.
The S&P 500's 10% gain is mainly due to Apple, Amazon, Alphabet, Microsoft, and Nvidia, whose $2.9tn net worth represented 96% of the benchmark's progress in 2023.
Mark Zuckerberg Achieves 12th Spot on Billionaire List After Surging Net Worth Reaches $87 Billion Despite Layoffs
Mark Zuckerberg, co-founder of Facebook and one of the world's richest people achieved a milestone with an impressive wealth increase of $10 billion according to the Bloomberg Billionaire Index. His $87 billion net worth secured him the 12th spot among the world's wealthiest, surpassing Asia's top billionaire Mukesh Ambani. His money is largely from tech giant 'Meta' which reported better-than-expected first-quarter revenue of $28.6 billion. Despite his wealth, Mark is reported to lead a relatively down-to-earth life with fondness for Italian sports cars and Hawaiian real estate.