Artificial intelligence has become a lucrative industry, driving up valuations for companies like Nvidia, which is on the verge of reaching a trillion-dollar valuation. Nvidia's success stems from its graphics processors that excel in image processing, particularly for video games. However, the real point lies in the proverbial "sell shovels" concept, where other companies, like chip manufacturer ASML, profit by supplying the essential tools to the chip industry. Understanding this dynamic is crucial for startups, businesses, and investors alike.

Explore fascinating technological solutions that address real-life challenges and improve lives, taking us beyond the realm of generative AI. Journey to Africa and discover innovative initiatives tackling issues like addressing systems, data analysis, and mobile banking. Witness the power of human ingenuity harnessed through technology.

Starting a business is a daunting challenge, with an overwhelming number of tasks that would deter even the most intrepid minds. Among these crucial responsibilities is defining a business model—one that outlines the value delivered to customers, the means of delivery, and the revenue generation strategy. In the realm of successful business models, Costco shines as a prime example, with its elegant simplicity that has left competitors struggling to match both prices and value.

Doom and gloom surround humankind as artificial intelligence makes headlines. Famous figures call for a pause in AI development, while debates on its impact intensify. But AI is just a tool—a reflection of our choices and capabilities.

Hydrogen is often touted as the next big thing for clean energy, but the numbers don't add up,

The year was 1874. Max Planck was told by his professor there was not much left to do within the realm of  theoretical physics. Fast-forward a bit to 1943 and Thomas Watson predicted that the world wouldn’t need more than 5 computers. More recently, in 1981 Bill Gates questioned the need for more than 640 kb of memory for your PC.

OpenAI’s ChatGPT just reached another low. Not only did they release a circus monkey to the wild, but together with Microsoft  they created hype while hiding the true evil behind their flowery talk about responsibility, accountability, no-bias, and the AI’s amazing capabilities.

Everyone is getting very excited (or horrified) about the capabilities of the likes of ChatGPT. However, very little discussion is about the training data used to train these models and how to remove inaccurate information.

We should pause any development of AI for the next 6 months. That's the message from the Future of Life Institute, which published an open letter which subsequently was signed by about 1,700+ people by the time I started writing this article. Another race of the righteous.

It is fashionable these days to talk about the AI revolution. A few years ago the theme was Big Data. Before that? Who cares. Despite the talk about using computers to do marvelous things, many organizations are still crunching data in their spreadsheets that are sent around by email.