Financial Challenges and Business Models in the AI Industry

Are small business owners just the worst? The rant that hits close to home. And how AI is looking more like a unicorn, not a horse, but big tech keeps trying to put a saddle on it.

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• Small business owners are the most insufferable people on the planet — Small businesses are amazing and necessary and I love them, but the people behind them are the absolute worst.
• AI is effectively ‘useless’—and it’s created a ‘fake it till you make it’ bubble that could end in disaster, veteran market watcher warns — “So anyone who's sort of a bit long in the tooth and has seen this sort of thing before is tempted to believe it'll end badly.”
• Squawk on the Street on X: ""America loves financial manias,"
• Microsoft is going nuclear to power its AI ambitions — Microsoft is looking at next-generation nuclear reactors to power its data centers and AI, according to a new job listing for someone to lead the way.
• Sam Altman in conversation with StrictlyVC - YouTube — We talked at length about his work, OpenAI's mission, and some of the criticisms that the young outfit is facing. We had fun, talking with him for this extended sit-down; hope you'll enjoy it, too.
• The AI summer — Hundreds of millions of people have tried ChatGPT, but most of them haven’t been back.
• Qualcomm’s Snapdragon X CPUs make Windows on Arm a viable platform — We tested every Snapdragon X chip against the Intel Core Ultra, AMD Ryzen 8000, and Apple M3.