AI Governance, Courtyard's Success, and Tech News: A Recap from OWITH.ai

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11d ago 2:58

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.President Trump has ushered in a new era of AI governance that is deregulated, pro-growth, and ethics-optional, favoring Silicon Valley's elite. The accelerationist ideology promoted by figures like David Sacks, senior White House AI policy advisor Sriram Krishnan, and Office of Science and Technology Policy director Michael Kratsios prioritizes speed and scale in AI development, advocating for minimal regulation. This approach has sidelined the diverse coalition of individuals who focused on AI ethics and safety during the Biden administration. While mainstream ethics experts and safety researchers still hold influence in certain circles, they are largely out of step with the current agenda that prioritizes speed, deregulation, and dominance in AI development. The push for rapid progress in AI is seen as essential for unlocking economic growth and maintaining a national advantage. However, concerns remain about the potential risks associated with this approach.Transitioning to the next news, Courtyard, a collectibles marketplace startup based in New York City, recently raised a $30 million Series A round led by Forerunner Ventures. Founded in 2021 by Nicolas Le Jeune and Paulin Andurand, Courtyard sells mystery packs of cards and comic books through a digital vending machine on its website. Customers can purchase these mystery packs at different price points and receive a randomly assigned item from Courtyard's inventory. If customers are not satisfied with the item received, they can sell it back to Courtyard or list it for sale on Courtyard's marketplace without any fees. This liquidity aspect attracted Forerunner Ventures to invest in the company.Courtyard has experienced rapid growth, with sales increasing significantly in a short period of time.Shifting gears to other tech-related news, Elon Musk's plan for robotaxis and his control over Tesla are discussed along with David Sacks' involvement in America's AI policy, Google's increased capex for cloud infrastructure, and the launch of Fortune AIQ series. The text also mentions OpenAI's search, Meta's wristband prototype, Nintendo's success with the Nintendo Switch 2, and the use of AI in various industries like retail, energy, law, construction, and medicine.Moving on to NIQ CEO Jim Peck discussing the company's successful debut on the New York Stock Exchange with their access to proprietary and high-quality data essential for leveraging AI. Despite a 9.5% drop in stock value on the first day of trading, Peck remains optimistic about the company's future growth potential. In other news, Trump's name appears in the Epstein files, though he is not accused of wrongdoing. Columbia reaches a $200 million settlement with the White House, and Perplexity AI poses a challenge to Google in the search industry. Tesla reports lower-than-expected revenue, and Elon Musk expresses concerns about losing federal incentives for EV purchases.This wraps up our latest episode focusing on significant developments in the AI and tech world. Stay tuned for more updates on OWITH.ai!

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