LensLinks Issue 334

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Today in LensLinks:

• Klarna’s AI assistant can handle nearly 70% of the customer requests by itself

• Google CEO calls AI tool’s controversial responses ‘completely unacceptable’

• Bitcoin price tops $63,000 as Bernstein analysts outline surprise crypto rally

• Coinbase users see $0 balance after crypto-trading app suffers glitch

• Apple Vision Pro too advanced? 30% users returning headset claim they can’t handle spatial computing

• Apple to disclose AI plans later this year, CEO Tim Cook says

• AI Chatbots like GPT-4 Share 'Harmful' Misinformation, Study Says

• As AI takes hold of your smartphone, the end of the app era could be in sight

• Overall DeFi TVL just 3% short of 2021 ATH: What’s behind this rise?

• Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?

• Binance VIP Program Will Cater to Non-Crypto Traders, As Exchange Continues TradFi Expansion

• The $10tn reason why this Bitcoin rally is different

• And Much, Much, More…

#regimentco #binance #tvl #ai

QUOTABLE

❝

“I know that some of its responses have offended our users and shown bias – to be clear, that’s completely unacceptable and we got it wrong,”

- Sundar Pichai

NOTABLE

Linas Beliūnas on LinkedIn: Paradigm shift: Klarna’s AI assistant can handle nearly 70% of the… | 277 comments

Paradigm shift: Klarna’s AI assistant can handle nearly 70% of the customer requests by itself in its first month and is doing the job of an equivalent of 700… | 277 comments on LinkedIn

www.linkedin.com/posts/linasbeliunas_paradigm-shift-klarnas-ai-assistant-can-activity-7168545452718473217-lXU7?utm_source=share&utm_medium=member_ios

The Singularity
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

Google CEO calls AI tool’s controversial responses ‘completely unacceptable’ | Semafor

In a memo to employees sent Tuesday evening, Sundar Pichai vowed to make structural changes to address the issues found in Gemini’s racially inaccurate images.

www.semafor.com/article/02/27/2024/google-ceo-sundar-pichai-calls-ai-tools-responses-completely-unacceptable

Blockchain, Tokens & DeFi

Bitcoin price tops $63,000 as Bernstein analysts outline surprise crypto rally

As the bitcoin price breaks a major milestone today, analysts with Bernstein detailed the rise of a rival coin that has seen its own rally.

www.thestreet.com/crypto/markets/bitcoin-price-hits-60000-bernstein-analysts-surprise-crypto-rally

Crypto Trading

Coinbase users see $0 balance after crypto-trading app suffers glitch

Coinbase users took to social media platform X on Wednesday screenshots showing that their accounts appeared to have no money in them.

www.cnbc.com/2024/02/28/coinbase-users-see-0-balance-after-crypto-trading-app-suffers-glitch.html

VR, AR, Spatial Computing, Metaverse & Gaming

Apple Vision Pro too advanced? 30% users returning headset claim they can’t handle spatial computing

It turns out that about one-third of Apple customers who returned their Vision Pros did so because they were unable to handle Apple’s take on Spatial Computing. Also, only 1 per cent of people who bought the Vision Pro returned it

www.firstpost.com/tech/apple-vision-pro-too-advanced-30-per-cent-users-returning-headset-claim-they-cant-handle-spatial-computing-13743567.html

The Singularity - a little more…

Apple to disclose AI plans later this year, CEO Tim Cook says

Feb 28 (Reuters) - Apple (AAPL.O), opens new tab plans to disclose more about its plans to put generative artificial intelligence to use later this year, Chief Executive Officer Tim Cook said during the company's annual shareholder meeting on Wednesday.

www.reuters.com/technology/apple-shareholders-reject-ai-disclosure-proposal-2024-02-28

AI Chatbots like GPT-4 Share 'Harmful' Misinformation, Study Says

Artificial intelligence models shared inaccurate information when asked questions about election procedures.

http://www.inc.com/chloe-aiello/ai-chatbots-like-gpt-4-share-harmful-misinformation-study-says.html

As AI takes hold of your smartphone, the end of the app era could be in sight

The AI boom could push us toward more helpful devices, but it's unclear if it can galvanize mobile sales.

www.businessinsider.com/generative-ai-smartphones-mwc-artificial-intelligence-assistants-apps-2024-2

Blockchain, Tokens & DeFi - a little more…

Bitcoin tops $62,000 to close out its best month since 2020

Cryptocurrencies extended recent gains as bitcoin finished its best month in more than three years.

www.cnbc.com/2024/02/29/crypto-market-today.html

Overall DeFi TVL just 3% short of 2021 ATH: What’s behind this rise?

DeFi's upward trajectory elevates the prospect of a breach of the November 2021 highs.

ambcrypto.com/overall-defi-tvl-just-3-short-of-2021-ath-whats-behind-this-rise

Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?

A World Bank report explores the use of blockchain-based tokenization across trade finance and infrastructure investment.

www.pymnts.com/blockchain/2024/are-blockchain-based-smart-contracts-a-smart-option-for-global-financing

Vitalik Buterin Critiques TVL as a Deceptive Metric in DeFi Space

In a recent Warpcast discussion, Ethereum's Vitalik Buterin challenges the overemphasis on Total Value Locked (TVL) in DeFi, highlighting security concerns and the need for a paradigm shift.

blockchain.news/news/vitalik-buterin-critiques-tvl-as-a-deceptive-metric-in-defi-space

Crypto Trading - a little more…

Binance VIP Program Will Cater to Non-Crypto Traders, As Exchange Continues TradFi Expansion

Binance announces an expansion of its VIP Invitation Program, allowing TradFi traders to qualify for VIP status by aggregating trading volumes.

dailycoin.com/binance-vip-program-to-cater-to-non-crypto-traders-too

Crypto Traders Hedge Bitcoin Rally After 40% Rise in 4 Weeks, Options Data Show

Some traders have started buying puts to protect against a potential correction, according to Greeks.Live.

www.coindesk.com/markets/2024/02/28/crypto-traders-hedge-bitcoin-rally-after-40-rise-in-4-weeks-options-data-show

The $10tn reason why this Bitcoin rally is different

After surging for over a year, Bitcoin just crossed $60,000. Experts explain why this rally is different from previous rallies.

www.dlnews.com/articles/markets/why-bitcoin-rally-is-different-driven-by-institutional-entry

ESG (Environmental, Social & Governance)

Transcript: Is ESG over? 

Katie Martin speaks to Moral Money’s Simon Mundy

www.ft.com/content/10c8adca-caf0-4a20-8f10-20dd989e9c09

Regiment

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www.regimentco.com

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.

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