Nicholas Mitsakos

https://nicholasmitsakos.com/2024/04/a-new-perspective-on-ai/ AI is not a data problem; it is a cognitive architecture problem. Current models cannot scale effectively. A better approach enables more useful applications and scalability. A new vision for artificial intelligence involves utilizing smaller, more relevant datasets for dynamic learning, generating more effective outcomes, and improving results.

Unprecedented Tech Investment is Shaping the Next Industrial Era In an age where the pace of innovation is measured not in years but in quarters, the world’s largest technology titans — Meta, Microsoft, Amazon, and Google — have embarked on an era-defining investment spree. Collectively, these “hyperscalers” invested nearly $100 billion in tangible assets, including buildings, chips, and equipment, in the most recent quarter alone.

Digital assets’ use for anything other than speculation and financial crime has been severely limited. However, the Genius Act, which provides stablecoins backed by dollar-based assets and regulatory certainty, is connecting digital assets, such as those traded on blockchains, with traditional assets, including stocks, money market funds, private equity, venture capital stakes, and debt. Will crypto become the backbone of the global financial system, or is it simply the privatization of money?