Aishe News

Meta’s Metaverse Gamble: Are We Building a Digital Empire or a House of Cards? Let’s start with a question that’s been echoing through boardrooms and coffee shops alike: What if the next version of the internet isn’t something you browse, but something you step into?   Billions Lost, Worlds Unbuilt: The Metaverse’s Rocky Road to Redemption Welcome to the world of the metaverse , Meta’s $60-billion-and-counting bet on a future where virtual reality (VR) and augmented reality (AR) blend with our daily lives. It’s the brainchild of Mark Zuckerberg, who’s so convinced of its potential that he renamed his entire company after it in 2021. But here’s the twist: while the vision is dazzling, the path there is littered with financial potholes, layoffs, and a hefty dose of real-world economics.   The Metaverse: A Digital Gold Rush or a Mirage? Imagine if you could slip on a pair of glasses and instantly teleport to a virtual office, a concert, or even a beach in Bali - all while ...

The UAE. You know, that place where they built a giant indoor ski slope in the desert.  Because, why not? They've got the oil money, right?  Now, they're not content with just melting glaciers for fun.  No, they're going all in on Artificial Intelligence. The UAE: Where AI Meets the Camel Race Imagine this: a land where the camels are trained by ChatGPT, and the sheikhs are more interested in neural networks than oil wells. Sounds absurd, right? Well, buckle up, buttercup, because it's happening. These guys are serious about AI. They've even got a Minister of AI . Yes, you heard that right. A whole minister dedicated to making sure their robots are smarter than ours.  Talk about a job title that would have sent my grandfather into apoplexy. "Minister of… what now?" he'd splutter, adjusting his suspenders. Now, you might be thinking, "Why would these desert dwellers care about some fancy computer stuff?" Well, let me tell you, they...

The fascinating, terrifying, and utterly bewildering world of Artificial Intelligence. You know, that thing that's supposed to make our lives easier, but frankly, I'm starting to suspect it's plotting our demise.  Now, I'm not one for doom and gloom, but have you seen these things lately?  The Rise of the Machines (and How to Avoid Becoming One) Remember when AI was just a sci-fi fantasy? Back in the good old days, when robots were clunky metal boxes that could barely vacuum your living room without falling down the stairs? Ah, the good old days. Now, these digital overlords are learning faster than a teenager on TikTok, and quite frankly, it's starting to get a little out of hand. First, they got good at text. You know, those chatbots that pretend to be helpful but mostly just regurgitate Wikipedia articles? Well, they've evolved. Now, they're not just spitting out facts; they're writing novels, composing poetry, and even crafting convincing fake new...

Remember when cars were just... cars? You know, those metal boxes on wheels that occasionally got you from A to B, assuming you didn't get lost or run out of gas?  Well, those days are about as outdated as my Nokia 3310 from 2001 – which, by the way, could probably survive a nuclear apocalypse, unlike today's smartphones that crack if you look at them wrong. Tesla: When Cars Learn to Think and Elon Dreams of Flying But here comes Tesla, strutting onto the scene like a peacock in a chicken coop, declaring "Hey, what if cars could think?" And not just think like "Oh, there's a red light ahead" but actually think-think, like your know-it-all cousin who went to Harvard and won't shut up about it at family dinners.  They're calling it AI, which supposedly stands for Artificial Intelligence, but at this rate might as well stand for "Anything Imaginable" because apparently, that's what Tesla is aiming for. Now, let's talk about ou...

Modern capitalism that's more absurd than a penguin running a marathon. I present to you the absolutely bonkers world of Databricks, a company that's basically turning data into gold faster than an accountant on espresso! Imagine a company that's just casually raised $10 billion – and I'm not talking about lottery winnings or a bank heist, but through pure, unadulterated technological wizardry.  Ten billion dollars!  That's more money than most countries' annual budgets, and these guys are spending it on...  drumroll, please ...  organizing data and making artificial intelligence slightly less artificial. Let's break this down for the average person who thinks "data cleaning" is something you do when your smartphone gets sticky: Databricks is essentially the Marie Kondo of the digital universe.  They take massive, chaotic piles of numbers and information that would make a normal human's brain implode, and they transform them into neat, spar...

A world where computer algorithms have become more attractive to investors than actual human beings.  Welcome to the AI investment circus of 2024, where venture capitalists are throwing money at artificial intelligence like teenagers tossing bread crumbs to hungry pigeons! Venture Capital's Artificial Intelligence Addiction Let me break this down for you. According to HSBC Innovation Banking - and yes, that's a real thing, not a comedy sketch - a whopping 42% of all venture capital in the United States is now being dumped into AI companies. Forty-two percent! That's not just a number, folks. That's essentially saying, "Hey, forget everything else. Computers are the new sexy!" Remember when we used to invest in things like real estate, manufacturing, or companies that made actual, tangible products? Those days are gone.  Now, we're betting our entire economic future on machines that can write poetry, generate images, and probably will soon be able to dec...

Modern madness that would make even Don Quixote look like a pragmatic accountant. We're talking about the newest global obsession: Artificial Intelligence, or as I like to call it, "The Technology That Promises to Make Humans Completely Irrelevant...  But Hey, At Least We'll Have Great Wi-Fi!" The $100 Billion Laugh: A Take on AI Investments Where billionaires are throwing money at computer algorithms faster than teenagers throw tantrums. We've entered an era where investing $100 billion in AI is considered a rational business strategy, not a plot for a science fiction comedy.  Masayoshi Son from SoftBank - a man who probably dreams in binary code - is essentially saying, "Let's bet the farm, the house, and possibly the entire neighborhood on machines that might one day decide humans are about as useful as a floppy disk." Picture this: Brilliant tech executives in their sleek offices, sipping artisanal coffee, passionately declaring that artificial...

The world of artificial intelligence, where tech giants play a game that's part chess, part poker, and part complete lunacy! A world where computer programs are becoming smarter than humans, and the people creating them are simultaneously excited and terrified. It's like watching a mad scientist experiment, except the laboratory is a gleaming office in Silicon Valley, and the mad scientists are wearing designer hoodies and drinking artisanal cold brew. Silicon Valley: When Algorithms Meet Human Absurdity The AI Arms Race: More Competitive Than a Kindergarten Talent Show Let's talk about Google, Microsoft, and OpenAI – the tech world's equivalent of overly competitive parents trying to prove their child is the most gifted. Sundar Pichai, Google's CEO, recently declared he'd love to do a "side-by-side comparison" of AI models with Microsoft. Can you picture this? Two grown men in expensive suits, comparing computer algorithms like they're comparin...

The Great Canadian AI Data Center: Bureaucratic Proportions A tale that's more tangled than a politician's expense report and more complex than explaining quantum physics to a household cat.  Today, we're diving into Canada's latest grand adventure: transforming themselves into the world's green AI data center wonderland! $15 Billion: A Guide to Canadian AI Investments Picture this: A room full of serious government officials, dressed in their most bureaucratic attire, huddled around spreadsheets and discussing something that sounds like it was invented by a committee of overachieving tech nerds and environmental idealists.  Their mission? To convince Canadian pension funds to invest billions in AI data centers powered by green energy.  Because apparently, nothing says "exciting investment opportunity" quite like combining artificial intelligence, environmental consciousness, and retirement savings! Let's break down this magnificent plan.  The Can...

Artificial intelligence has been shown to deliver large performance gains in selected economic activities, but its aggregate impact remains debated. This column discusses a micro-to-macro framework to assess the aggregate productivity gains from AI under different scenarios.  AI could contribute between 0.25 and 0.6 percentage points to annual total factor productivity growth in the US over the next decade. However, highly uneven sectoral productivity gains could reduce aggregate growth, and large aggregate gains will require a productive integration of AI in a wide range of economic activities. The Economic productivity gains through artificial intelligence   Artificial intelligence (AI) is transforming what machines can do, from processing natural language to analysing complex datasets and generating images. Recent advances in generative AI (for instance, large language models such as ChatGPT) are also animating a lively debate about the potential for large productivity ga...