OpenAI's latest round is bad news for tech
October 14, 202410 days ago, it was announced that OpenAi raised $6.6 billion in funding, valuing the company at $157 billion. It is the largest venture capital round ever.
Written by Julien Genestoux. Entrepreneur, Hacker, Investor & Advisor You should follow me on Bluesky and Farcaster
10 days ago, it was announced that OpenAi raised $6.6 billion in funding, valuing the company at $157 billion. It is the largest venture capital round ever.
Over the weekend, France arrested Pavel Durov, the founder of Telegram. Telegram is a messaging platform, and although the reason for the arrest is not yet fully public, the charges seem to be related to the spread of illicit material on the service (terrorism, drug trafficking... etc).
The definition of Intelligence is obviously very controversial; measuring it might even be harder and prone to many awful abuses. In the last 18 months, for many, intelligence has been seen as the ability to create and "generate" text, images, and others. However, another way that I think about it is the ability to interact and transact with others and adapt to an ecosystem. It is not restricted to humans. Animals, or even plants show some level of intelligence. With that definition, artificial intelligence would qualify as something created by humans that shows some ability to interact and transact with humans.
For centuries, "ownership" has been a legal concept, enforced by well, ... force, whether legal or arbitrary. It's also been a central theme in the Industrial Revolution and the emancipation of people worldwide. For better or worse, everything around us is "owned", from land to music or from animals (pets or cattle) to companies.
6 years ago, I wrote an article called The End of the Ad-Supported Web (please read it!). A lot of it is still right, and despite an ever-increasing presence of ads, we're getting worse and worse content and less privacy. The collapse is taking longer than I thought, but it is happening.
It is probably evident by now, but the recent AI "generators" are very good at creating content. Let's make it clear immediately: the "truth" battle is already lost. People and machines will be fooled repeatedly by fake content: we can't, and more importantly, we should not trust our senses anymore.
Over the past three months, the original cryptocurrency returned to the front scene after 18 months of disillusion. This is the consequence of 2 very unique properties.
I am, of course, referring to the latest wave of "AI" products like ChatGPT, Bard, and others. In the last 18 months, the world has been taken by surprise by how much progress has been made on the AI front, and computer software can now cover pretty well for flesh-and-bone software.
The internet is a big onion š§ . Itās made of layers slowly but surely stacked at every new iteration. The layers are themselves more or lessā¦
The Graph is a very ambitious and powerful web3 project. It is an indexing protocol for querying data from networks like EVM blockchainsā¦
