Rishi Sunak takes gamble by calling UK general election for 4 July - It feels somewhat strange that the UK can pull off these suprise elections, when the rest of the world has much more defined and repeatable election cycles. I wonder if this is a way of bring small and nimble on the world's stage? I guess it will be a very short election campaign. www.theguardian.com #
2024/05/24 #
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Why has the UK PM called a general election, what’s at stake and what happens now? - I don't know that much about these two. One thing I find interesting is that Sunak is the only politician I've ever heard publicly acknowledgeing that inflation is a hidden tax. That was quite suprising especially from a conservative government because they have the reputation as being mostly wealthy and always making life hard for the poor. The other thing I find interesting is that the King 'disolves' parliament. Like it's some sort of medicine that the whole population needs to ingest. Top quality politics analysis here as you can tell. www.theguardian.com #
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Nvidia reports stratospheric growth as AI boom shows no sign of stopping - Their recent performance is something I don't think has ever been seen before. It's really incredible. An interesting thing I've read is that serious Bitcoin mining companies are converting their infrastructure to be hybrid AI / Bitcoin, so they can easily switch between use cases. www.theguardian.com #
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Crypto Lobby Wins: House Passes FIT21 as Democrats Deride Historic Regulatory Framework - Looks like the schizophrenic reaction to crypto by US regulatory bodies might be coming to an end. The issue appears to be entering the upcoming election cycle too, with both democrats and republicans realising that it's a sizeable campaign issue that affects many voters. decrypt.co #
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OpenAI, WSJ Owner News Corp Strike Content Deal Valued at Over $250 Million - It's interesting to see more of these content deals for AI training data. As far as I know Reddit did the first one, worth around $60 million per year. So deal values appear to be about the same, even across new media and old media properties, since the News Corp deal is over 5 years. www.wsj.com #
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New Post: Development strategy ideas markjgsmith.com #
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US SEC approves exchange applications to list spot ether ETFs - Good to see a potential sea change in crypto, though there is still possibility for the SEC to drag it's feet, it looks like eth ETFs are going to happen. www.reuters.com #