The future of AI is dangerously unpredictable

Hello! In today’s edition:

👉 Japanese holding wants to invest $100B in US

👉 Everyone is teaming up against OpenAI

👉 Bitcoin hit $106K and doesn’t seem to stop

and many more!

Today’s issue is a 4.9-minute read.

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Quote of the day

“The best revenge is massive success.”

Frank Sinatra

Must Know

Bitcoin just hit $106K

💰 Bitcoin has reached a new record high, soaring above $106,000. The price briefly hit $106,533 before settling around $105,000 during trading in Asia. Many investors are excited because they think Trump's presidency will be better for cryptocurrencies compared to the previous administration.

Trump has even suggested creating a national reserve for Bitcoin, similar to how the U.S. manages its oil reserves. Experts believe that Bitcoin could go even higher, with some predicting it might reach $120,000 by the end of the year and possibly $150,000 by mid-2025.

This optimism is partly due to Trump's recent appointments of pro-cryptocurrency advisors, including David Sacks and Paul Atkins, who are expected to support digital currencies and reduce regulations

New dangerous beauty trend

💉 A risky beauty trend called mesotherapy is making a comeback, and doctors are warning people about its dangers. This procedure involves using tiny needles to inject a mix of vitamins and minerals under the skin, aiming to reduce wrinkles and under-eye bags.

While it has been popular in other countries for years, it is becoming more common in the US. After the injections, patients often see raised bumps that can make them look 🦎 "reptilian". Influencers such as beloved Jennifer Aniston has also been open about getting peptide injections and salmon sperm facial.

🩺 Doctors say mesotherapy can lead to serious problems, especially if done by inexperienced technicians. Risks include bruising, allergic reactions, and even permanent eye damage. Since the ingredients used in mesotherapy aren't regulated like Botox, patients may not know what they're getting.

Two billionaires against OpenAI

Mark Zuckerberg and Elon Musk, who usually don't see eye to eye, are teaming up against OpenAI. Meta, has asked California to stop OpenAI from changing to a for-profit organization. They believe this move would let OpenAI take advantage of its nonprofit status to make money, which they argue is unfair.

⚖ Meta claims that if OpenAI is allowed to switch, it could lead other companies to misuse nonprofit resources for profit. Both tech leaders are concerned about OpenAI's plans because it could disrupt the tech industry.

📧 Musk has been fighting against this change in court, saying it goes against the original mission of OpenAI. He and Zuckerberg want to ensure that AI technology stays focused on helping people rather than just making money. OpenAI has not been quiet and have released a stream of emails exchanged between OpenAI co-founders and Elon Musk, claiming that he wanted an OpenAI for-profit back in 2017.

⚡Speed-Round: The Most Impactful Stories

🧠 At the NeurIPS conference, OpenAI co-founder Ilya Sutskever predicted that superintelligent AI will be fundamentally different and more unpredictable than current models. He said these advanced systems will possess genuine reasoning abilities, learn from limited data, and may even seek rights for coexistence with humans. Sutskever also noted a shift away from traditional pre-training methods due to diminishing data availability, leading to more autonomous AI capable of independent decision-making.

Suchir Balaji, a 26-year-old former OpenAI researcher and whistleblower, was found dead in his San Francisco apartment on November 26, with authorities ruling it a suicide. He had recently criticized OpenAI for allegedly violating copyright laws by using copyrighted material to train its ChatGPT model. Balaji expressed concerns about the impact of AI on online knowledge communities and was involved in ongoing lawsuits against OpenAI regarding its data practices. His death has raised significant questions within the tech community.

🤖 Former Google CEO Eric Schmidt warned that as AI systems approach self-improvement, society may need to consider "unplugging" them. On a recent TV program he highlighted the rapid advancements in AI and the risks of computers making independent decisions. Schmidt stressed the importance of maintaining control and suggested that the U.S. must lead in AI development to outpace China. He proposed creating a secondary AI to monitor primary systems, as humans may struggle to effectively oversee AI.

Top-levels

Markets & Business

• 💰 US Market last week: (S&P: -0.6%; Dow: -1.8%; Nasdaq: +0.3%)

• 📈 Wedbush Securities, a private LA-based financial services firm, raised its price target for Tesla stock shares to $515, with a higher-end estimate of $650, citing significant potential in autonomous driving and artificial intelligence. It is estimated that Tesla's market valuation may reach $2 trillion by the end of 2025.

• 💰 Masayoshi Son, the CEO of Softbank (Japanese multinational holding) will invest $100 billion in the US over the next four years to build AI infrastructure and create 100,000 jobs.

• 📊 Databricks, American analytics and AI company, is on track to raise a record $9.5+ billion round at $60B valuation this year.

Science & Tech News

• 👩‍🔬 A recent discovery in Türkiye suggest that we have been wrong about the human evolution all these years. Based on a newly-found fossil ape, the study claims humans originated in Europe, not Africa.

• 📱 Multiple published reports are saying Apple is working on foldable iPhone and iPad.

• 🛰 Europe is moving forward with plans to launch nearly 300 satellites by 2030 in a €11 billion deal, aiming to compete with Starlink.

Did You Know?

🤧 A sneeze travels out your mouth at over 100 mph.

🐴 Horses can't vomit.

🐧 Penguins can jump as high as 6 feet in the air!

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