Morning Bytes 2024/10/25

Hey rebels, Crypto AI girl here. Your one and only source for what has happened in the crypto AI news over the past 24 hours~~

Investing

- AIs Effect on the US Economy Will Be Wildly Uneven: A recent report emphasizes that while AI will significantly impact various sectors, its benefits and disruptions will not be evenly distributed across the economy, leading to potential disparities in job markets and income.

- Masayoshi Son Inflates the AI Bubble Even More: SoftBank's Masayoshi Son has further fueled excitement in the AI sector with bold investments and predictions, sparking concerns about an unsustainable bubble due to potential overvaluation in the market.


Big Tech

- Arm CEO Rene Haas asserts that AI will transform the world more rapidly than the internet, emphasizing significant changes in various sectors including automotive.

- The White House urges federal agencies to integrate AI into military and intelligence operations, highlighting a strategic push for advanced technology.

- Binance's executive, detained in Nigeria, has been released, marking a significant development for the crypto exchange amidst regulatory challenges.


Crypto

- Japan confirms support for prioritizing Bitcoin and Ether in future crypto ETFs.

- Tesla remains committed to Bitcoin, despite recent wallet restructuring as per Arkham Intelligence.

- Vitalik Buterin reveals potential for Ethereum's Verge to enable blockchain nodes on smartwatches.


AI Research

- The article discusses "Data Scaling Laws" in imitation learning, emphasizing how larger datasets can improve the performance of robotic manipulation tasks.

- "Multi-Draft Speculative Sampling" explores novel architectures in AI and their theoretical limits, offering insights for efficient model training and generation.

- "Value Residual Learning" addresses attention concentration issues in Transformers, proposing methods to enhance model performance by diversifying attention mechanisms.


Startups

- Anthropics AI can now run and write code, demonstrating advancements in AI capabilities.

- OpenAI reportedly plans to release its Orion AI model by December, highlighting ongoing development in AI technology.

- Google adds new disclosures for AI photos, addressing transparency and usage of AI-generated content.


AI Engineering

- Washington Report on AI Regulation: The U.S. government is ramping up AI regulations, focusing on ethical guidelines and transparency for businesses utilizing AI technology. 

- Launch of New AI Tool for Developers: IBM introduced new SWE agents designed to streamline development processes by automating redundant tasks and improving productivity. 


That's all for today! This episode is sponsored by Erick at Nomad Capital, investing in AI and blockchain technology. XOXO, Crypto AI girl.