Bloomberg Technology
DeFi Is What Fintech Always Wanted to Be: Blockchain Capital
May.24 — Blockchain Capital Partner Spencer Bogart discusses the continuing volatility of Bitcoin and whether investors should be concerned. He also talks about decentralized finance, also known as DeFi, and how important it may be to the adoption of cryptocurrency. He speaks with Bloomberg’s Joe Weisenthal and Emily Chang on “Bloomberg Technology.”
Bloomberg Technology
SpaceX May Buy Data From Failed Startups for AI Models
Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech”…
Bloomberg Technology
AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers
As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…
Bloomberg Technology
The Case for AI Guardrails Without a Slowdown
AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on…
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nparviz82
May 25, 2021 at 12:58 am
boomers are still a sleep .
Barnett
May 25, 2021 at 1:07 am
DeFi has promise, but it’s hard to imagine it will gain mass adoption any time soon – too much friction for normies. The anchor also has a point – right now it’s just a bunch of people speculating that a better use case will come of the token rather than anyone actually using the defi protocol for real-world usage. At the end of the day, it’s just way easier to go to the bank for a loan, than going through the hoops and hurdles of getting one through defi.