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Silicon Valley is like a giant gold rush town, except instead of dusty prospectors with pickaxes, you've got tech billionaires in hoodies wielding credit cards the size of surfboards. They're all chasing the same shiny nugget: Artificial Intelligence, the magical element everyone thinks will change the world. The Great AI Gold Rush: When Tech Titans Spend Billions and Investors Want Their Money...Yesterday For a while, it was a party! Stock prices soared higher than a rogue hot air balloon, fueled by dreams of robots doing our laundry and fridges that order groceries themselves. Investors were giddy, throwing money at anything with "AI" in the name, faster than you could say "machine learning." But then, as with any good gold rush story, things got a little...complicated. Here's where our heroes, Meta (formerly Facebook) and Microsoft, enter the scene. Both companies, pockets bulging with investor cash, decided to build humongous server farms, basicall...

Preview of Wednesday (26.07.2023): Yawning boredom or wild surprises? The US Dollar is keeping us all in suspense as we await Interest Rates Wednesday! The Federal Reserve has announced a 25 basis points increase in interest rates on Wednesday. However, instead of the financial world vibrating with excitement, the dollar seems to be still asleep. Perhaps it has decided on a Wednesday snooze, who knows! Nevertheless, some brave investors can't resist and have already placed their bets against the dollar. As if they think the dollar could be an egg hitting the floor during breakfast - inevitable! Yet, the truth is, the dollar is still waiting to see what the future holds. The sluggish US inflation plays the leading role in this financial drama. Money managers are wondering if they need to prepare for a sensation or if the dollar will just keep dozing. Pension funds, insurers, and mutual funds haven't quite made up their minds about getting in on the interest rate game. Some s...

The Pros and Cons of Artificial Intelligence in the Future (toc) #title=(Table of Content) As technology continues to advance, artificial intelligence (AI) is becoming more prevalent in our daily lives. Companies like Microsoft are investing billions in AI, leading to the creation of technologies that could replace humans in many areas. However, this can have disastrous consequences not only for employees but also for consumers and investors. The Pros and Cons of Artificial Intelligence in the Future On the one hand, AI offers significant opportunities, such as ChatGPT, a natural language program within OpenAI that can generate texts that look like they were written by a human. This technology could revolutionize customer service and other industries, leading to increased efficiency and cost savings. On the other hand, the rise of AI could lead to the decline of jobs that require strong communication skills and well-paid positions. Entry-level job opportunities may also decreas...