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BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
Whether that argument holds is the most consequential open question in economics right now — and not everyone on Wall Street is buying it.The gap between AI’s micro-level fireworks and its macro-level footprint is real, documented, and striking.AI is already delivering task-level productivity gains that would have seemed implausible five years ago: software developers completing 55% more work with AI…
I was one of the internet’s first influencers. AI just killed the whole category — and created something better
About 28 years ago, I was reporting a story from my desk at Wired titled “The Hot New Medium Is … Email.” This was an unusually personal report because I was partly its subject — a creator of a then-novel phenomenon: the viral internet newsletter. Think Substack circa 1995, made by hand, when maybe there were only 16 million people on…
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
For the ultrawealthy, it used to largely be the case that they wanted their flashy home purchases and sales to be made very public: Think drone shots, a glossy listing, and a splashy press release naming the owner and buyer. A growing class of ultrawealthy buyers, particularly tech and AI executives who have moved to Silicon Valley, are deliberately routing their…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Investors Embrace Bank Bonds Despite NYCB-Linked Risks
Despite concerns surrounding New York Community Bancorp’s exposure to real estate, investors in US blue-chip bonds remain undeterred, focusing on the lucrative opportunities offered by the financial sector. The demand…
