Oz Blog News Commentary

Articles from Digitopoly

Party like It’s 1999?

April 14, 2024 - 10:20 -- Admin

Generative AI has created a gold rush today, but that rush has not yet grown into either a productivity boom or a financial bubble. There are good reasons to think this rush could become either one.Which one is just around the corner? Could it be both? In case you forgot, we did live through a productivity bonanza that morphed into a financial bubble during the commercialization of the Internet.

After the Gold Rush

March 8, 2024 - 13:25 -- Admin

The commercial future of AI will soon be bigger than the actions of any firm, individual, research team, or open-source community. In the near term, a massive tailwind of potential use cases and nearly completed projects will determine the rate of progress in creating value for users and suppliers. Still, the source of the next frontier commercial breakthrough and the distribution of profits look undetermined and, for reasons to be explained, underdetermined.

The AI Gold Rush

March 8, 2024 - 13:01 -- Admin

Large language models (LLMs) have overrun commercial markets, more like a tsunami than a normal technical wave of interest. The topic is everywhere –news stories, blogs, podcasts, startup investments, analyst reports, hackathons, and government announcements. A virtual frenzy surrounds it.

Triggers, Transmissions, and Adjustments

September 7, 2020 - 04:57 -- Admin

Take a step back from the daily details of events. Compare the recession unfolding in the United States at this moment with the two previous downturns. Today’s economic events share a surprising set of common features with the dot-com boom and bust of 1997 to 2001, and fewer similarities with the financial meltdown of 2008-09. For reasons I will explain later, we ought to be thankful for the latter.