Health care’s labor shortage is adding new urgency to the need for new tech.
Why it matters: Americans 65 and older, those most in need of health care services, are expected to outnumber children in the U.S. for the first time by 2030 — just as the health care sector is expected to have a shortfall of more than 200,000 physicians and nurses.
Thousands of Reddit communities restricted user access Monday as part of a coordinated effort to protest the company's new policy to charge developers for access to its backend interface.
Why it matters: The huge influx of subreddits, or channels on the site dedicated to specific topics, shifting to private mode caused the entire site to temporarily crash Monday.
People use computers despite not knowing how they work — so if web3 could be made that useful and that simple, maybe it could be as ubiquitous.
Zoom in: That's Magic's mission — to make web3 useful and easy. Its business is effectively abstracting away the complexities of crypto and NFT ownership for other businesses with software.
The Federal Trade Commission plans to seek a temporary restraining order from a federal district court to block Microsoft from completing its $68.7 billion proposed acquisition of Activision Blizzard, per a source familiar with the situation.
Why it matters: Microsoft wants to close the acquisition before a July 18 termination deadline, and the FTC seeks to prevent a closing because deals are a lot harder to unwind after they're completed. An August trial is set for the FTC's challenge of the deal.
Generative AI will experience explosive growth in coming years, but the cash the core technology generates for its inventors will pale in comparison to revenue from Big Tech's existing services and hardware, per a new S&P Global report.
Why it matters: Generative AI is blowing our minds and changing our jobs, but the companies driving that innovation will struggle to join the household name ranks of Apple, Google and Microsoft.
Technological singularity — a theory that AI can reach an irreversible point that transcends human intelligence — is having a new moment as AI upends business and society.
Why it matters: Any rewiring of humanity warrants discussion, however remote the prospect.
Silicon Valley is hatching new futures faster than the rest of the world can digest them.
The big picture: The artificial-intelligence wave, driven by the astonishing new capacity of AI to mimic human conversation and generate images, is only just coming into view — But last week Apple sent up an impossible-to-ignore flare: Wait, there's more!
America's largest investor in crypto startups believes that the industry's future may be across the pond, and is opening its first international office in London to take advantage of the opportunity.
Driving the news: Silicon Valley-based Andreessen Horowitz on Sunday announced its new outpost, to be led by relocating partner Sriram Krishnan, and said thatLondon will be the location of its next crypto accelerator program.
