Technology Weekly: April 27, 2024

Editor's Note


Welcome to this week’s edition of Technology Weekly. As we delve into the latest stories shaping the tech world, we find ourselves at the crossroads of innovation and accountability. Our cover story this week takes a critical look at Meta’s ambitious journey into generative AI and explores whether there’s a clear path to profitability. As social media giants invest billions in AI, questions about monetization and ROI grow more urgent. Beyond our cover story, we’ve curated a collection of thought-provoking articles covering everything from advances in AI infrastructure and ethical dilemmas surrounding AI-generated content to industry-shaping shifts in the semiconductor sector. As you read through this issue, we invite you to reflect on how these trends influence both the technology industry and the broader societal landscape. Enjoy the read, and don’t forget to share your thoughts with us!

Cover Story


What Is the Path to Profitability for Meta's AI Ambitions

Published on 2024-04-25 01:00:00 +0000, 542 words, 3 min read

Investors have grown increasingly concerned about Meta’s strategic plans for monetizing its multi-billion dollar investments in generative artificial intelligence (AI). The social media giant’s CEO, Mark Zuckerberg, has acknowledged that returns on these investments will take “considerable time.” However, as a tech industry analyst, I believe it’s essential to scrutinize the path to profitability for Meta’s AI ambitions.

Technology Innovation


We Must Revamp Our Approach to Evaluating AI Systems

Published on 2024-04-21 01:00:00 +0000, 419 words, 3 min read, #202

As we continue to push the boundaries of artificial intelligence (AI) technology, it has become increasingly clear that our traditional evaluation methods are no longer fit for purpose. The limitations of these methods are being exposed as more sophisticated AI models come to market, and the cons...


AWS Bedrock's Customization Options for Generative AI

Published on 2024-04-23 01:00:00 +0000, 247 words, 2 min read, #201

In today’s rapidly advancing AI marketplace, customization is crucial. What unique customization options does AWS Bedrock offer that differentiate it from competitors? Generative AI models can create tailor-made content suited to specific applications, but organizations may possess unique require...


Texture: Data Collection Platform for Renewable Energy

Published on 2024-04-23 01:00:00 +0000, 382 words, 2 min read, #200

In the pursuit of a sustainable future, the growing renewable energy sector is poised to lead the charge, but it faces a critical challenge: interoperability. As solar, wind, and battery installations proliferate, fragmentation and communication barriers arise, stymieing growth and preventing the...


Snowflake Has Its Own Model Now: Arctic LLM

Published on 2024-04-24 01:00:00 +0000, 363 words, 2 min read, #199

As the market for enterprise-grade generative AI models gains momentum, Snowflake’s offering, Arctic LLM, has recently come to the fore. But what particular roles does Arctic LLM assume in the enterprise sector and how does it stack up against major competitors?


Nova AI Redefines End-to-End Code Testing for SMEs

Published on 2024-04-25 01:00:00 +0000, 360 words, 2 min read, #198

As software development becomes increasingly agile and continuous, code testing has emerged as a critical component of the development process. With the advent of generative AI, code testing has become more efficient and effective than ever before. Among the recent generative AI startups offering...


FlexAI Aims to Revolutionise AI Compute Infrastructure

Published on 2024-04-26 01:00:00 +0000, 390 words, 2 min read, #197

FlexAI is a French startup spearheading a mission to revolutionise AI compute infrastructure. The challenge I aim to tackle in this article is the intricacies and demands that developers face when managing AI compute infrastructure. The current state of affairs is far removed from the simplicity ...

Market Dynamics


Big Tech's Investment and Its Economic Ramifications

Published on 2024-04-26 01:00:00 +0000, 408 words, 3 min read, #202

The most influential tech firms have set their sights on leading the charge. In recent earnings reports, behemoths such as Google, Microsoft, and Meta have emphasised their multi-billion-dollar commitments to AI research and development, raising questions about the motivations behind these invest...


The US Push for Allied Action against China's Advanced Chip

Published on 2024-04-26 01:00:00 +0000, 440 words, 3 min read, #201

As the race for technological superiority intensifies, the semiconductor industry has emerged as a critical battleground. The US, a leader in this field, faces growing concerns about China’s rapid development of advanced chips and the potential national security risks they pose. In response, the ...


Malaysia: The New Silicon Valleys of Southeast Asia

Published on 2024-04-26 01:00:00 +0000, 509 words, 3 min read, #200

The US-China tech war is not only changing the global geopolitical landscape but also reshaping the semiconductor industry’s investment patterns. As I pen this article, Malaysia’s coastal state of Penang becomes the talk of the town, with a surge in high-tech investments that threaten to outpace ...


Global Investment in AI Is Declining, Research Shows

Published on 2024-04-21 01:00:00 +0000, 519 words, 3 min read, #199

Recent data points to a shift in the AI investment landscape, with global investment in AI declining for the second consecutive year, according to Stanford’s Institute for Human-Centered Artificial Intelligence (HAI). So, what’s driving this trend, and what does it mean for the future of AI inves...


The EU's Crackdown on TikTok

Published on 2024-04-22 01:00:00 +0000, 359 words, 2 min read, #198

The European Union (EU) has taken a significant step towards regulating social media’s impact on users’ mental health by launching a second investigation into TikTok. Following an ongoing investigation into various aspects of the video sharing platform’s DSA compliance, the EU is now zeroing in o...


Robotaxis and the Twists in Elon Musk's Vision

Published on 2024-04-22 01:00:00 +0000, 364 words, 2 min read, #197

Elon Musk has long been synonymous with ambitious plans and bold ideas. However, over the last year, Musk’s leadership at Tesla has taken an unsteady turn. With his recent announcement of Tesla’s focus on robotaxis, the question arises: what does this strategic pivot mean for Tesla’s long-term vi...


Perplexity's Generative AI Search Engine

Published on 2024-04-23 01:00:00 +0000, 509 words, 3 min read, #196

The search engine market is witnessing an intriguing evolution with players like Perplexity, ChatGPT, and Microsoft’s Bing harnessing this advanced technology to deliver more precise and contextually relevant search results. But what sets Perplexity apart from its competitors, and why is it recei...


Generative AI's Financial Impact on Tech Companies

Published on 2024-04-24 01:00:00 +0000, 358 words, 2 min read, #195

As the race to harness the power of generative AI gathers steam in the tech industry, a dose of reality is needed. Yes, AI models that can generate text, images, and video with human-like output are impressive. But what’s the practical business value of these AI advancements, and how is it reflec...


Intuit's Artificial Intelligence-Driven Growth

Published on 2024-04-24 01:00:00 +0000, 422 words, 3 min read, #194

Intuit is experiencing a surge in investor enthusiasm, fuelled by the artificial intelligence (AI) boom. The company’s stock has gained nearly 40% over the past 12 months, outpacing the S&P 500’s growth, and surpassing the market capitalization of major investment banks like Goldman Sachs, Mo...


Nvidia Acquires Run:ai to Tackle AI Infrastructure Challenges

Published on 2024-04-24 01:00:00 +0000, 262 words, 2 min read, #193

Nvidia announced its acquisition of Run:ai, a Tel Aviv-based company specializing in managing and optimizing AI hardware infrastructure. This strategic bet comes at a time when AI workloads are becoming increasingly complex, and the need for sophisticated solutions to manage and optimize resource...


Technology Companies Face a Storm of Challenges

Published on 2024-04-25 01:00:00 +0000, 418 words, 3 min read, #192

As the tech earnings season unfolds, the industry’s heavyweights, including Tesla, Meta, Alphabet (Google), and Microsoft, prepare to face a potent mix of opportunities and challenges. Amid the backdrop of a burgeoning generative AI market predicted to reach trillion-dollar revenues within the ne...


Will AI Drive a Supercycle for Desktop and Laptop Sales

Published on 2024-04-25 01:00:00 +0000, 434 words, 3 min read, #191

As artificial intelligence (AI) transforms technology, the PC industry ponders whether this innovation will drive a “supercycle” for desktop and laptop sales in the coming year. This piece examines the potential impact of AI through the lens of consumer market dynamics. For decades, consumers hav...

Social, Ethical, and Legal Issues


Generative AI and the Future of Democratic Processes

Published on 2024-04-21 01:00:00 +0000, 364 words, 2 min read, #202

As artificial intelligence (AI) continues to permeate our society, the potential implications for democratic processes have become a subject of intense debate. Nick Clegg, Meta’s global affairs chief, contends that generative AI poses little threat to democracy, but a closer examination of the ev...


Who Owns the IPR in AI-Generated Content?

Published on 2024-04-21 01:00:00 +0000, 477 words, 3 min read, #201

As AI technologies generate increasingly human-like content, the legal and ethical implications surrounding intellectual property rights have become a topic of intense debate. This essay explores the complex issue of who owns the rights to AI-generated content, especially when it comes to the use...


What Are Ethical Foundations for Human-Like AI?

Published on 2024-04-22 01:00:00 +0000, 607 words, 4 min read, #200

As the world of artificial intelligence (AI) continues to evolve, the push to design AI that mimics human traits, or pseudoanthropomorphic systems, is gaining traction. With potential benefits ranging from more engaging and emotionally responsive interactions to increased efficiency and personali...


A New Legal Framework for AI-Generated Creative Works

Published on 2024-04-22 01:00:00 +0000, 596 words, 3 min read, #199

As artificial intelligence (AI) continues to disrupt various industries, the use of copyrighted material to fuel its creative capabilities has sparked a contentious debate. On the one hand, creators and rights-holders argue that unauthorized use of their works constitutes a violation of their int...


Your Paper Is Probably Peer Reviewed by a Bot

Published on 2024-04-23 01:00:00 +0000, 402 words, 3 min read, #198

The use of artificial intelligence (AI) tools in peer review has emerged as a controversial topic. With the rise of platforms like ChatGPT, researchers have increasingly turned to AI to evaluate others’ work and modify peer-review reports. In this article, I will provide an analysis of the extent...

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