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- š¶ 2 Trillion $SHIB Withdrawn and AI Wingmen Not What You Think
š¶ 2 Trillion $SHIB Withdrawn and AI Wingmen Not What You Think
PLUS: Ex-Meta's New $40M AI Biotech Startup Bet


The stories that matter most to you
August 28, 2023
Read Time: 3.4 mins
Hey everybody!
Thanks for all the great feedback last week on our format testing. Based on a vast majority of responses, weāre bringing back our Web3 Quick Hits and will add more DIY prompts.
We'll keep building in public, so like New York City's motto, "If you see something, say something."
Happy Monday. Letās get it.
-Kevin
Trending Web3 Stories
7 Bitcoin ETF applications are approaching their first deadline next week, with BlackRock being the most anticipated. (link)
dYdX founder says crypto builders should āgive upā serving US customers for 5 to 10 years. (link)
Robinhood accumulated $3B in Bitcoin in 3 months - what does this mean for markets? (link)
Bitcoin hits lows last see before Q4 2020 BTC price breakout - can a rebound similar to one 3 years ago be around the corner? (link)
Stablecoins outpaced PayPal and MasterCard with $6.87 Trillion in volume settled. (link)
Presidential candidate RFK Jr. warns BlackRock is outbidding Americans and plans to gain ownership of all single-family homes in the US. (link)
Jerome Powell, Fed Chair, says inflation is still too high and warns more interest rate hikes are likely. (link)
Evergrande, Chinaās second largest property developer, just fell another 90% after trading resumed. (link)
Shiba Inu: 2 Trillion SHIB exit exchanges as Shibarium goes live. (link)
Trending AI Stories
Young Professionals are Turning to AI Headshots, but Thereās a Catch
The process is simple enough: Users send up to a dozen images of themselves to a website or app. Then, they pick from sample photos with a style or aesthetic they want to copy, and the computer does the rest. More than a dozen services are available online and in app stores. (Read More)
Can News Outlets Build a Trustworthy Chatbot?
An AI chatbot, dubbed Smart Answers, appears across nearly all articles and on the homepages of the sites owned by media/marketing company Foundry. Smart Answers is trained only on English language articles from the four sites and excludes sponsored content and deals posts. (Read More)
AI Brings the Robot Wingman to Aerial Combat
Essentially a next-generation drone, the Valkyrie is a prototype for what the Air Force hopes can become a potent supplement to its fleet of traditional fighter jets, giving human pilots a swarm of highly capable robot wingmen to deploy in battle. Its mission is to marry artificial intelligence and its sensors to identify and evaluate enemy threats and then move in for the kill after getting human sign-off. (Read More)
New App Adds Religious Twist to AI
The app is an AI trained by using a limited number of Church documents and which, similar to OpenAIās ChatGPT or Googleās Bard, can be used to generate human-like text on specific content by anyone from Church scholars and academics, canon lawyers, students seeking well-sourced information to assist in studies, and anyone curious about Church teaching. (Read More)
How Artificial Intelligence Might Prevent You From Getting Hired
Recent reports indicate that 70 percent of companies and 99 percent of Fortune 500 companies are already using AI-based and other automated tools in their hiring processes, with increasing use in lower-wage job sectors such as retail and food services, where Black and Latino workers are disproportionately concentrated. (Read More)
Salesforce: Consumers Donāt Trust Companies to Use AI Responsibly
Salesforce surveyed 11,000 consumers and 3,300 business buyers and found that inflation has made consumers more price-sensitive; the rise of technology means customer service expectations are high, but still, many customers donāt trust companies to use AI responsibly. (Read More)
How PayPal is Using AI to Combat Fraud and Make it Easier to Pay
John Kim, chief product officer for PayPal, spoke on how the company is using the early proliferation of artificial intelligence technologies in its business, as well as PayPalās future in payments when thereās so much competition. (Read the Interview)
Ex-Meta Researchers Have Raised $40M from Lux Capital for AI Biotech Startup
According to David Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet concluded. (Read More)
AI Can Combat Pipeline-like Cyberattacks that Crippled Hospitals
"With most critical infrastructure, whether it's manufacturing of some of these other systems like hospitals, they use older technology that's not updated that often," Alice Globus, Cheif Financial Officer of Nanotronics. (Read More)
If AI Becomes Conscious; Hereās How Weāll Know
Many researchers say that AI systems arenāt yet at the point of consciousness, but that the pace of AI evolution has got them pondering: how would we know if they were? (Read More)
Midjourney +Animation
When You Add Animation to Your Midjourney Images
More Midjourney + Runway Gen 2 nightmare fuel. (Watch the Video Here)
ODDLY SPECIFIC BONUS:
Thatās a Wrap
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