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Weekend Edition 44

Author
Matthew Patten
Published
Sat 22 Jul 2023
Episode Link
https://techfreedom.pro/2023/07/21/weekend-edition-44-ai-actually-stupid/

WE 1 – Apple Troubles

1-1 – TSMC AZ Plant Pushes 5 NM fab production back

  • Apple partnered with them to produce their US-made M-series and A-series chips
  • US gets further from made in America i-devices
  • Why?
  • Education rant

https://www.cnbc.com/2023/07/20/tsmc-delays-start-of-arizona-chip-factory-that-will-build-apple-chips.html

 

1-2 – UK Online Safety Bill Has Tech Companies On Edge

  • Bill would force encrypted messaging apps to install a back door for UK authorities
  • Why?
  • Who?
  • What do they threaten if it passes?
  • On principle, I agree with their stand
  • What is E2E encryption?
  • We’ll see who blinks, here.

https://www.bbc.com/news/technology-66256081

 

2 – More News on Microsoft-Activision Merger

  • Deadline extended 3 months
  • Restructured deal
  • UK CMA fast tracking process
  • Etymological rants
  • Government
  • entertainment
  • Balance rant

https://www.cnbc.com/2023/07/19/microsoft-activision-agree-to-extend-deal-deadline-to-oct-18.html

 

3 – Ripple Expects More Use By US Banks Soon

  • On-Demand Liquidity product
  • Cross-border transactions
  • SWIFT aging, slow, possibly corrupt
  • XRP instant, cheap, secure from tampering
  • Depending on demand, Ripple Labs may file as a security

https://www.cnbc.com/2023/07/17/ripple-hopes-judge-ruling-in-sec-case-will-lead-to-us-banks-using-xrp.html

 

4-1 - Nick Clegg, of Meta, calls “AI Quite Stupid”

  • Said things that I’ve been saying about these Large Language Models
  • Meta to open source Llama 2
  • Still don’t trust it if Meta will be prime beneficiary of development work
  • Meta partnered with MS Azure cloud for hosting
  • Yikes
  • Regulatory concerns

https://www.bbc.com/news/technology-66238004

 

4-2 – Investing Bubble for AI?

  • CEO of StabilityAI (maker of Stable Diffusion)
  • Thinks that the investment craze has just begun
  • Foresees the largest bubble in history
  • I think it is too early to make all of these pronouncements
  • Matt’s AI reminders

https://www.cnbc.com/2023/07/17/ai-will-be-the-biggest-bubble-of-all-time-stability-ai-ceo.html

 

4-3 – British Computer Society Open Letter About AI

  • 1300 experts and business people signed this one
  • Counterweight to doom & gloom
  • Still hype-y
  • Generally AI will benefit us if developed responsibly and regulated well
  • ChatGPT “Like an overly knowledgeable and very excitable 12 year old”
  • See privacy and intellectual property issues

https://www.bbc.com/news/technology-66218709



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