• Promptbox AI
  • Posts
  • ☠️ Is AI the Next ESG Boogeyman? and AKIRA AI

☠️ Is AI the Next ESG Boogeyman? and AKIRA AI

PLUS: Was Trump Offered $5B NOT to Run?

The stories that matter most to you
Read Time: 4.1 mins

Good Morning from the Promptbox Team!


Happy Q4, where fortunes are made and lost in a blink of an eye.

The market manipulators makers have smiled down upon us, causing a massive price upswing over the weekend in the crypto markets.

Remember that while October has been historically green, November and December seem to disappoint as whales sell off for tax harvesting.

This means that if you're going to play, play early and get out before the end of the year.

In actual news, my favorite story today is that SBF offered and seemingly got Trump to agree not to run for President for $5B - but then FTX, ya know, turned out to be a massive Ponzi. This space is crazy.

It’s Roctober. Let's get it.

Kevin


October 2, 2023

The last 15 years have ushered in a wave of groundbreaking innovations, but not without their supposed environmental costs.

Bitcoin, often criticized for its energy-intensive mining, is now getting outpaced in the debate. (Kevin’s note: this is more because institutions are getting ready to launch Bitcoin Spot ETFs, so they have to erase the 'energy doomsday' narrative they, themselves created).

With its uptick in use and power consumption, AI is becoming the new ‘ecological nightmare.’


Bitcoin Versus AI Energy Use

  • While Bitcoin has historically been criticized for its energy consumption, AI is emerging as an even more significant consumer.

  • The move towards renewable energy in Bitcoin mining has spotlighted AI's energy use further.

AI's Rising Energy Consumption

  • AI, expected to impact society like the internet did, demands vast energy resources.

  • Brian Gitt stressed that a single Nvidia GPU chip's energy consumption matches that of an average US household.

  • Nvidia GPUs could soon surpass the energy capacity of all upcoming US data center expansions.

The world is actually headed for a really bad energy crisis because of AI unless we fix a few things

Arijit Sengupta, founder and CEO of Aible,



Energy Equivalence in Everyday Terms

  • Daily queries on ChatGPT might consume energy equivalent to 33,000 US homes.

  • Sajjad Moazeni pointed out that AI tasks can be up to 100 times more energy-hungry than basic activities like checking emails.


While the surge in AI's energy demands is undeniable, it's important not to have an emotional response.

In its constant quest for clicks, the media often magnifies certain 'facts' to an alarming degree.

Just as with previous' tech doomsday' narratives, there is a motive behind a narrative shift such as this.

Who gains if AI is regulated and only allowed to be used by enterprise or wealthy clients? hmmm


Check out the full story below.

The Question: As the headlines now shift from crypto to AI being the source of an energy crisis is this just another media-meltdown or an actual concern?

Drop us an email and let us know.

Big Story: SBF Tried Paying Trump $5B to NOT Run for Re-Election.
(Um, what?)

  • Deus X Capital, a crypto investment first, launches with $1B in Assets. Read More

  • Bitcoin hits 2-month high as $100M in short positions liquidated. Read More

  • Coinbase expands it’s legal influence with Singapore license. Read More

  • Friend.tech revenue surges over 10,000 ETH, TVL tops 30k ETH. Read More

  • Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M in losses. Read More

  • FTX hacker moves $38M in ETH just days before SBF trial kicks off. Read More



Top Trending Tools of the Day

FEEDBACK (852 votes)
Color AI - Automatically gather, consolidate and categorize customer feedback to prioritize product development. Book a demo



TRANSLATION (190 votes)
Spotify - Listen to your favorite podcasts in your native language. Take a look


FINANCIALS (271 votes)
Insights - Automatically create P&L and cash statements within milliseconds. Get early access 



BUILD (147 votes)
Braintrust - The enterprise-grade stack for building AI products. Sign up for free



PERFORMANCE (126 votes)
Monitup - Access real-time reports showing how much time you spend on your Windows PC. Check it out

Promptbox’s Top Trending AI Stories:

  • Hanks took to Instagram, warning his 9.5 million followers about a fake dental plan ad using an AI-generated image of him.

  • Despite having previously approved digitally altered versions of himself in films, the actor raised concerns about the potential misuse of AI in film and TV, emphasizing the legal ramifications of such unauthorized usage.


  • While users retain ownership of their content on Meta platforms, making a post public effectively relinquishes their control, raising critical concerns about privacy and ownership.

  • As the debate on content rights intensifies, Meta claims "fair use" for its AI training practices, though this stance is likely to be tested in impending legal battles.


  • AI advancements are causing increased anxiety among workers fueled by media headlines suggesting AI's superiority in various tasks, including creative ones.

  • A recent study in Scientific Reports found that while human ideas were rated higher than AI's top responses, AI's average scores surpassed those of humans.


  • The "Ai Pin" combines AI tech with a mini-projector and camera, redefining wearable technology and showcased by Supermodel Naomi Campbell.

  • Boasting unique features like projecting call details on one's hand and voice-based AI translation, it challenges the conventions of current wearable tech.


  • Alexandr Wang and Michèle Flournoy highlight distinct AI warfare strategies between the U.S. and China, signaling a potential shift in global power dynamics.

  • From Garry Kasparov's chess defeat to military strategy development, artificial intelligence is reshaping the way we think about conflict and decision-making.


drangis_

Is This AI or Not?
Collection of 3
1.2k Comments
You mean the picture of the man kicking a crocodile as a bunch of other crocodiles watch… Why would you disrespect this man by saying hes ai?”
Take a look

Theblasian35

AKIRA AI
Made with Midjourney, Runway & Pika
114 Comments
The manga is incredible
Watch Now

If you have anything interesting to share, question to ask, or want to reach out, shoot us an email at [email protected]

How was today's newsletter?

We're always looking for that feedback!

Login or Subscribe to participate in polls.

Looking to sponsor?
We haven’t opened up sponsoring opportunities yet, but to get notifications, email [email protected]