For Demis Hassabis, CEO of Google DeepMind, there’s little doubt that parts of the A.I. industry are in a bubble. The harder question, he says, is figuring out which areas are fueled by hype and which truly have the potential to be transformative. “There are parts of the A.I. ecosystem that are probably in bubbles,”…
The rapid spread of A.I. is starting to reshape the consulting industry, and not without pain. The technology can now handle many of the tasks once assigned to junior, entry-level consultants—often faster, cheaper and more accurately. As a result, A.I. has been linked to thousands of planned job cuts at consulting giant McKinsey & Company,…
For decades, the unspoken global economic agreement shaped how the world worked: physical resources were bounded by borders, while the digital world remained largely borderless. We shipped crude oil across oceans in tankers, but let data travel freely through fibre optic cables, largely unmonitored, unregulated and assumed to be neutral. That era is ending. Just…
A.I. has upended the playbook for modern brands, promising to flatten geography, automate insight and make physical presence obsolete. But here’s the dangerous paradox: local, cultural understanding isn’t less important in the age of A.I., it’s more vital than ever. That’s the tension branding and marketing teams everywhere are wrestling with right now. The tech…
Generative A.I. has long been treated like a public experiment. Every week, a new model is designed. Yet according to industry experts, A.I. is advancing faster than the trust required for it to scale. The sector has succeeded in training machines to perform increasingly complex tasks, but the data that powers these systems remains too…
Chai Discovery, a San Francisco-based startup backed by OpenAI, is the latest drug discovery company to benefit from a flurry of investments at the intersection of health care and A.I. In its latest funding round, the company raised $130 million to accelerate the development of new drugs. The Series B round, announced today (Dec. 15),…
When British roboticist Dr. Peter Scott-Morgan was diagnosed with ALS in 2017, he was told the disease would gradually take his voice, his movement and, eventually, his place in the world. But he refused to accept the idea that losing speech should mean losing identity. As his body weakened, the Scott-Morgan turned to technology, experimenting…
Talk of SpaceX going public is sending the stocks of its partners and investors soaring. After multiple outlets reported earlier this month that SpaceX could pursue an IPO as soon as next year, The Wall Street Journal reported yesterday (Dec. 14) that the Elon Musk–led rocket and satellite company will begin hearing pitches from investment…
The integration of A.I. into the workforce has fueled widespread fears of job displacement, as workers across industries worry their roles could eventually be replaced by the technology, but those concerns have done little to slow its adoption in U.S. offices. The share of American workers using A.I. “a few times a year” reached 45…
Despite its rocky start, the crypto industry has firmly transitioned from niche communities to the core of global finance. In early December, U.S. spot Bitcoin ETFs recorded nearly a full week of net inflows, totaling around $288 million, as BTC continues its recovery. At the same time, traditional asset managers are increasingly embracing digital assets:…
