Tech News for MBAs with Paul Canetti

I've been spending a lot of time thinking about the 3 different parts of generative AI tools like ChatGPT: inputs, outputs, and training data. There are many new applications that will be built using 1, 2, or 3 of these parts.

It's important for us to understand what is possible. The whole internet is about to change...

– PC

Links

ChatGPT

Disclaimers and Disclosures This content is for informational and entertainment purposes only and is not financial advice.

FTX and Sam Bankman-Fried have imploded, sending ripple effects through crypto and well beyond. But is this really an example of web3? Or is this just a classic case of fraud?

Technically, no, this is not web3. But do the semantics matter? The damage is done. 

I usually edit my rants down to < 20 min but I couldn't do it this week. SBF has betrayed us.

Is it possible to create a system where we are truly no longer vulnerable to these sorts of con artists?

– PC 

Links

The Collapse of Crypto Exchange FTX More Like Enron Than Lehman

Disclaimers and Disclosures

Wait 'til I get my money right

Then you can't tell me nothing, right?

– Kanye West

Links

Kanye West to Buy Parler, Joining the Right-Wing Social Media Crowd

My new online course 

web3 for Business

Disclaimers and Disclosures

This content is for informational and entertainment purposes only and is not financial advice.

The metaverse will not built in a year.

But it has been one year since Facebook rebranded to Meta and stated its intention to build the next phase of the internet. Let's talk about where they are now, and why so many people keep hating on them.

– PC

Links

Meta Connect Keynote 2022

Meta Quest Pro

Tech News for MBAs: Meta - What you need to know and why it matters

Hypothetically Great: Facebook bought Oculus, now Oculus owns Facebook

TechCrunch: Meta announces legs

NY Times: Skepticism, Confusion, Frustration: Inside Mark Zuckerberg’s Metaverse Struggles

My new online course 

web3 for Business

Disclaimers and Disclosures

This content is for informational and entertainment purposes only and is not financial advice.

It turns out that creative tasks are *not* immune to the robot takeover. Meta AI researchers have created a new AI that can generate video content on the fly from a simple text prompt. Basically, you send a text of what you want, and it creates a video of that exact thing. Film students everywhere, beware. 

– PC

Links  

Meta AI: Make-A-Video

My new online course  

Disclaimers and Disclosures  

Welcome to Season 4! It was a big week in the world of crypto with the success of The Merge, in which Ethereum transitioned to a proof-of-stake network. As if that wasn't enough, Helium Mobile was announced– the world's first decentralized cellular network.

Buckle up, web3 is upon us!

– PC

Links

The Ethereum Foundation: The Merge

Bloomberg: The Ethereum Merge Ups the Stakes—and Reshapes the Crypto Universe

Helium Mobile

For $5 A Month, Crypto Now Has Your Cell Plan Covered

My new online course

web3 for Business

Disclaimers and Disclosures

I hold ETH. This content is for informational and entertainment purposes only and is not financial advice.

We end Season 3 in the same place we started: Meta's latest earnings report. Spoiler– it's not looking good.

Why is this happening? Is it general market conditions? The maturation of social? Apple's "bullying"? All of the above?!

Companion episode from a year ago: Apple and Facebook Battle for the Future

H.A.G.S.!

– PC

Links

Meta Reports First Quarter 2022 Results

Meta says its metaverse biz lost another $3B, but the 2030s will be "exciting"

Apple Podcasts: Apple and Facebook Battle for the Future

Spotify: Apple and Facebook Battle for the Future

Other links: Apple and Facebook Battle for the Future

Also - my new online course

Customer Experience Strategy

Disclaimers and Disclosures

I hold $TWTR and $APPL. (but not $FB) This content is for informational and entertainment purposes only and is not financial advice.

"Oh hi lol" <-- what Elon Musk tweeted Monday morning.

Why? Because he had just bought 9% of Twitter's stock. Is this good or bad for Twitter? For its users? For society??

We shall discuss.

– PC

Links

Elon Musk on Twitter

WSJ: Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher

Parag Agrawal on Twitter

Forbes: The World's Real-Time Billionaires

Bluesky

Also - my new online course!

Customer Experience Strategy

Disclaimers and Disclosures

I hold $TWTR and $TSLA. This content is for informational and entertainment purposes only and is not financial advice.

This week I talk about two seemingly unrelated stories: a paralyzed man who is able to communicate using only his thoughts and the first ever basketball game captured through a new technology called volumetric video. 

What do they have in common? Both have to do with how we perceive and communicate our reality, and both represent a way to essentially bypass our normal five senses.

As I like to say, the future is gonna be weird.

– PC

Links

Nature - Spelling interface using intracortical signals in a completely locked-in patient enabled via auditory neurofeedback training

NYT - Brain Implant Allows Fully Paralyzed Patient to Communicate

Wait But Why - Neuralink and the Brain’s Magical Future

The Verge - The first NBA broadcast rendered with volumetric video puts basketball in the uncanny valley

HG - The future of photos isn’t cameras

Disclaimers and Disclosures

This content is for informational and entertainment purposes only and is not financial advice.