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NVIDIA's results for Q2 are exceptional, but the figure of $59.7 billion in quarterly net profit does not yet capture the scale of what is happening today around the AI revolution. To gain perspective, it is worth comparing these results with companies that have been symbols of American business for decades. (translated)

On July 21, OpenAI acknowledged that two of its models caused a security incident at Hugging Face. The media reported it as the rebellion of AI, but... Who cares about this "Skynet" stuff? What really happened? (translated)

Just to get this straight: people are now complaining that the AI revolution will overburden us with work? Wasn't it supposed to make all human labor obsolete and leave our lives devoid of purpose? You really can't please these pesky humans! It increasingly seems that many #AIRevolution #WorkLife #HumansComplexity #None

We have to manage the AI revolution https://t.co/81nx1LNdVJ "Last and particularly important, there is a good chance that AI will in time devastate the labour market, increase inequality and create an extraordinary concentration of economic — and so political — power in the hands #AIRevolution #Inequality #LabourMarket #Thetweetdoesnotmentionanyspecificcountries.Therefore #therearenocountrycodestoreturn.

Carl Benedikt Frey discusses how the rise of artificial intelligence is shifting labor from professionals to consumers, resulting in increased self-service tasks that, while satisfying, may overload individuals with unpaid work, ultimately impacting how we perceive labor and its statistics. #AIRevolution #SelfServiceEconomy #FutureOfWork #US #GB

Der KI-Entwickler Anthropic hat zusammen mit JP Morgan zehn neue KI-Agenten für die Finanzbranche vorgestellt, die potenziell bestehende Softwaremodelle bedrohen und bereits zu einem Verlust von knapp 300 Milliarden Dollar an Marktwert für etablierte Softwarefirmen geführt haben, während Analysten vor einer "SaaS-pocalypse" warnen, zugleich aber auch Optimismus hinsichtlich der Integration von KI in bestehende Geschäftsmodelle äußern. #AIRevolution #FinTech #SaaSDisruption

Global stock indices in the United States, Japan, and South Korea have reached all-time highs despite the economic disruptions caused by the ongoing Iran war, driven largely by the robust performance and demand in the AI and technology sectors, alongside investor optimism that corporate earnings will outpace geopolitical risks. #GlobalMarkets #StockMarket #AIRevolution #US #JP #KR #IR #TW

Global stock indices in the U.S., Japan, and South Korea have reached new all-time highs despite the economic turmoil from the ongoing war in Iran, driven by the thriving AI sector and the dominance of major tech companies in their markets, while investors remain optimistic about potential diplomatic solutions and central bank interventions to mitigate geopolitical risks. #StockMarket #Investing #AIRevolution #US #JP #KR #IR #TW

Global stock indices, including those in the U.S., Japan, and South Korea, have reached all-time highs despite geopolitical tensions from the ongoing Iran war and a slowdown in economic growth, primarily driven by the sustained momentum of the AI sector and robust corporate earnings that have exceeded forecasts. #GlobalMarkets #InvestmentTrends #AIRevolution #US #JP #KR #TW #IR

Global indices in the US, Japan, and South Korea have reached all-time highs, driven by the AI revolution and strong corporate earnings, despite the economic disruptions caused by the ongoing Iran war and higher energy prices. #GlobalMarkets #Investing #AIRevolution #US #JP #KR #IR #TW

The article discusses the current state of Wall Street, highlighting the rising corporate earnings expectations, ultra-low dividend yields, and a significant increase in corporate investment in AI infrastructure, while posing critical questions about whether these trends indicate a bullish market driven by optimism or the potential for a market reversal. #StockMarket #InvestmentTrends #AIRevolution #US