Ten Revolutionary Things About AI – Part 2

In TenĀ  Revolutionary Things About AI – Part 1, we described five gamechangers about ChatGPT and other Generative Artificial Intelligence platforms. In this Part 2, we shall cover five more revolutionary things about AI. 6. Weird Regulatory Proposals There are broadly two lobbies for regulating Gen AI: A) Closed Source (via Sam Altman and Vinod … Read more

Ten Revolutionary Things About AI – Part 1

Artificial intelligence is promising to disrupt a wide array of legacy practices. – Dan Primack, Axios PRO Rata. Based on my firsthand experience with the AI tsunami over the past 9-10 months, I can wholeheartedly get behind the above prediction. In fact, I’ve already noticed 10 revolutionary things aka gamechangers about ChatGPT and other GenAI … Read more

Bitcoin As Cryptocurrency – Product or Marketable Item?

SEC’s approval for Bitcoin ETF makes it official that Bitcoin is an asset – because ETFs are created only out of assets (or asset classes, apart from indexes). Ergo you have Sensex ETF, S&P500 ETF, Gold ETF, Crude Oil ETF. Crude oil ETFs — KK (@KrishnakuKumar) February 8, 2024 Since ETF is not a thing … Read more

Why Do We Need So Many Programming Languages?

Forty years ago, people used to ask, we have FORTRAN for scientific applications and COBOL for business applications, why do we need PASCAL, C++, and dBaseIII+? Twenty five years ago, the question changed to, we have C++ and Foxpro, what’s the need for Java and .NET? Ten years ago, people wondered why a decentralized app … Read more

My Two Cents On PayTM Kerfuffle

PayTM is the first digital payment product I’ve used at scale in India. When RBI enforced the two factor authentication mandate for online payments, bill payments became a major PITA. By requiring users to fill credit card number, expiration date, and half a dozen fields, Reg 2FA caused tremendous friction. After they received the OTP, … Read more

Why ChatGPT Won’t Kill Coders

In Will ChatGPT Kill Coders?, we examined many demand suppressors that threatened to kill coders’ jobs. We also alluded to DEMAND STIMULANTS, which work as counterweights by boosting demand for coders. In this post, we will do a deep dive into Demand Stimulants. Comprising new computing paradigms and markets, demand stimulants not only arrest the … Read more

CBDC – Utopia or Dystopia?

Central Bank Digital Currency is digital cash. Like paper currency notes, it’s issued by the central bank and does not bear interest. Also, like paper currency notes, it’s legal tender. At its inception, CBDC was supposed to be based on the blockchain. We don’t hear much about that facet of it nowadays. At least 130 … Read more