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Browsing: Elon Musk
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Remember when Elon Musk used to be one of Bitcoin's biggest proponents? It sure seemed that way. One could even purchase Tesla vehicles using Bitcoin. Then, something changed in May 2021.
At that point in time, Musk stated that Tesla would no longer accept Bitcoin. Why? Over climate concerns. To those not oriented, they may have been scratching their heads. What was the connection between Bitcoin and climate change?
Bitcoin is said to rely on something called PoW. Not a Prisoner of War, but a Proof of Work, which is, basically, an algorithm that requires miners to solve complex puzzles for transactions to be validated. It sounds cool and very National Treasure-y, but this is something that requires a lot of computational power, consuming a lot of electricity. It's so substantial that just Bitcoin is said to consume more electricity than a couple of countries, including Norway. That might leave a dinosaur-sized carbon footprint, especially if that electricity comes from fossil fuels. On top of needing a lot of electricity for crypto mining equipment, there are said to be cooling systems required to prevent overheating.
So, has that been the stone in crypto's shoe? Not as green as Greta Thunberg would like? Because crypto is something that has been lauded as a phenomenon that could revolutionize finance by decentralizing transactions. But, could crypto be greened? Or could its environmental impact be reduced?
In November 2023, computer scientist Kai-Fu Lee unveiled an open-source AI model that’s said to be bilingual. What does that mean? To be open-sourced?
Because AI has been having its moment since late 2022. Take generative AI, for instance. You open a large language model, write an input and get an input of text or photo or video, as per the model. It's cool. But, how does that happen?
There are said to be proprietary secrets guarding that. Usually, the AI model has an underlying source code that’s not openly available to the public. The code and architecture of the AI model are said to be kept private and are typically owned and controlled by a specific organization.
But, is there a paradigm shift that may invite everyone to partake in the magic of these intelligent systems?
What’s shaking with smart tech and automobiles? Reliance Jio is an Indian telecommunications company. In November 2023, it was said…
Elon Musk has spoken about a vision to revolutionize the way people interact with their finances. He aims to make…
When you want to find out about someone or some incident or some information, the norm was using a search…