Everywhere Ventures Managing Partner Jenny Fielding joins Caroline Hyde and Ed Ludlow to discuss her outlook for New York City’s new plan to embrace artificial intelligence. She speaks on “Bloomberg Technology.”
China’s Lithium Supply Chain | WSJ U.S. vs. China
The U.S. used to be a global leader in lithium processing, but it lost its market control to China in the early 2000s. Since then, China has developed its own lithium supply chain, controlling 55% of the market. Now, the U.S. is trying to secure its own supply in a race for independence. Lithium is a critical component in batteries and the world’s transition to green energy. Demand for the light metal has surged and is expected to reach nearly 2.5 million metric tons by 2028. WSJ explores China’s major supply chain vulnerability and the U.S.’s long road to build its own.
Why EVs Are Piling Up At Dealerships In The U.S.
In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January. Prices of EVs are down 22% year-over-year and that’s mainly driven by Tesla. About two thirds of EVs sold are Elon Musk’s brand. Companies like Ford have ramped up hybrid production as demand has leveled off. While slightly more than half of consumers say EVs are the future and will eventually replace Internal Combustion Engines, less than a third of dealers say so. This all comes at a time when investments in EVs are more than ever. So what’s really going on? Watch the video to learn more.
Inside the Explosive Rise of Ultra-Risky 0DTE Options Trading | WSJ
Traders are piling into zero-days-to-expiration options, or 0DTE options. They are a cheap, fast but risky way to bet on the market that offers the chance of explosive returns if those bets are correct. These big wins can also lead to big losses as they are extremely risky investments. Retail traders have played a big role in driving 0DTE trading volumes to record highs. WSJ explains the rise and effect of 0DTE options on the stock market.
“Godfather of AI” Geoffrey Hinton: The 60 Minutes Interview
There’s no guaranteed path to safety as artificial intelligence advances, Geoffrey Hinton, AI pioneer, warns. He shares his thoughts on AI’s benefits and dangers with Scott Pelley.
The search for $50 million after the collapse of Blockchain Global
A lack of regulation means Australian mum-and-dad investors have lost millions in the collapse of cryptocurrency exchanges.
The First Phase of Generative AI is Over
The piece argues that a vision of artificial intelligence is coming into view, if haltingly, and that we’re near to the end of the first phase of generative AI, which was kicked off by ChatGPT.
Huge Bard Update: The Future of Google is Now AI
Google just rolled out some pretty big upgrades to Bard. Here’s the breakdown.
Why Electric Cars Failed 100 Years Ago
Robert and Jack spend the day with a staggeringly clean example of one of the very earliest electric cars: A 1901 Waverly Model 22. Built at a time when EVs outnumbered ICE cars, it is an incredible insight into the genesis of the electric car – but what happened? Why didn’t EVs catch on the first time around? Bobby and Jack go for a (very slow) drive to try to find out.
AI in the military: Gen. Milley on the future of warfare
Former chairman of the Joint Chiefs of Staff Gen. Mark Milley told 60 Minutes that AI and robotics will rapidly change the character of war—and warns the U.S. must be prepared.