Mind Matters Natural and Artificial Intelligence News and Analysis

CategoryBusiness and Finance

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American cash money and yellow paper note with text Google with question mark

Google’s Power Over Online Business: Monopolistic and Extravagant

Part 5: To help people understand Google’s power over online businesses, I ask. What if the road on which the local Walmart is located suddenly became a dirt trail?

It’s as though Google is doing everything in its power to throttle organic traffic, driving that traffic to their sponsored ads, increasing its bottom line.

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Search engine optimization, SEO, background cover, the concept of optimization to raise the position of the site, the search engine for user queries, network traffic in the search engine.

Becoming a Slave to Google: How It Happens

Part 4: After an update, you always have to second guess what Google did. You become a reverse engineer who never sees under the hood

This leads to a mentality that always tries to second guess whether Google will favor some piece of content or way of expressing it.

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Businessman using smartphone to chatting by use chat Bot program for Artificial intelligence or AI technology concept.

Companies Spending A Lot on AI Are Not Seeing A Big Return

Target and WalMart are reversing course, cutting back on self-checkout

Perhaps it is worth keeping in mind that bots not only don’t buy things themselves but may be chasing away humans who do.

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This includes visuals for digital marketing, social media, advertising campaigns, market research, and consumer behavior

A Potential Chink in Google’s Armor: Loss of Legal Immunity

Part 3: Currently, Google is legally protected from the consequences of frequent copyright violation

One outcome of the resulting ad clutter is that, unless you are top of the search, you’re likely wasting time trying to make money off organic search.

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It’s one those moment when you look at something and get the impression that something’s wrong. Like you look at the sky and see your web browser on the screen of your computer ;)

The Utter Dependence of Online Businesses on Google

Part 2: An SEO business needs to please Google or else it is dead in the water

Google’s re-presentation of information created by others makes it less likely that users will visit them. Thus Google’s business expands at their expense.

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storage big data cloud

The Evilization of Google—And What to Do About It

Part 1: Understanding Google's dominance over the internet

Nothing is totally evil. Still, there’s enough evil in Google that it is, for now, more on the side of Darth Vader than Obi-Wan Kenobi.

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hands holiding red heart with kidney, world kidney day, organ donor day

Human Kidney Suppliers Should Be Donors, Not Vendors

The government would be, essentially, paying people to harm themselves. People who are already disadvantaged would be most likely to volunteer

There are ample reasons why only one country in the world — Iran — allows kidney-selling. Not everything should be a sellable product.

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Mock code for an AI Large Language Model (LLM) that could intelligently answer questions. LLMs are one of the most popular implementations of recent Artificial Intelligence research

LLMs Still Cannot be Trusted for Financial Advice

The limitations of Large Language Models (chatbots) are illustrated by their struggles with financial advice

The real danger remains: we may think computers are smarter than us and consequently trust them to make decisions they should not be trusted to make.

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Digital data stream analysis cyber environment visual display technology abstract perspective

Machine Learning Algos Often Fail: They Focus on Data, Ignore Theory

Without a theory, a pattern is just a pattern

The data-mining algorithms may recognize that a statistical pattern has vanished but won’t know why because they do not understand it as a logical relationship.

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2 Seifenblasen

Yes, the AI Stock Bubble Is a Bubble

It's unfolding the way a financial bubble typically does

Unlike the Internet, LLMs are not useful enough to prompt customers to pay prices that reflect the hundreds of billions of dollars needed to develop them.

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Young business people in office

Today’s Startups Are Doing Much Worse Than Those of the Past

The percentage of startups profitable at IPO time has steadily declined since the 1980s and most valuable ones take longer to become profitable

We should certainly stop making overly optimistic claims about America’s system of startups, science, and technology.

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Overhead of colleagues having a marketing meeting in modern office. Above a busy workplace, coworkers brainstorm and develop strategies for a startup business, unity, planning and innovation at work

How to Build an AI Company: Advice from a Seasoned Entrepreneur

In the podcast, Copps emphasized the necessity of remaining flexible and open to change: “Don’t be married to your idea.”

Marks, the podcast host, added an essential perspective on networking, stressing the value of facing fears and engaging with influential figures.

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Silhouette people helping to connect jigsaw and puzzle to success

AI Entrepreneur Seeks To Empower Others Through Innovation

David Copps came back from split-brain surgery determined to use his entrepreneurial skills to empower others.

Copps flatlined for a moment during the surgery — done to relieve epilepsy — and that experience reinforced his belief that life has a greater purpose.

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Man choosing which hamburger to eat from fast food restaurant

A New McDonald’s PlayPlace Doesn’t Look Very Fun

A virtual playground doesn't offer kids genuine play

Hopefully the McDonald’s corporation will realize that the PlayPlace is a big part of what makes its restaurants so appealing.

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Robot Assembling Puzzle Pieces

Unequal Profits: Why AI Needs Successful Applications

Readers may be surprised to learn that these widely touted AI advances are not making their developers much money

In the short run this system is being propped up by the big tech players but for a stable future, it needs to be self-sustaining.

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Minimalist AI Icons: ChatGPT vs DeepSeek, Sleek Gradient Background, Futuristic Design, No Text

DeepSeek’s AI Model Shakes the Market

A wake-up call for U.S. tech

The new reality is one where efficiency, not just brute computing power, will dictate the future of artificial intelligence.

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Man working with stock market data.

Sloppy Science is a Statistical Sin

Evidence of sloppy science encourages readers to wonder if the entire research project is compromised

Journals should require authors to make their data available online before publication and encourage others to try to replicate the research they publish.

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Beautiful translucent soap bubble on dark background

Do High AI Startup Valuations Mean Great Success, or Desperation?

The answer is important but is not as clear as we might think. First, let's look at the background

Consider a recent news report: “Anthropic is in advanced talks to raise $2 billion in a deal that would value it at $60 billion, more than triple its valuation from a year ago” says the Wall Street Journal. Anthropic’s last venture capital (VC) funding round, less than two months ago, raised $2 billion, bringing its total funding to $9.6 billion. OpenAI had raised $6.6 billion, last October just a year after it raised $10 billion from Microsoft the previous year and just months after it also raised funds on the debt and secondary markets. So that $6.6 billion round was the largest VC funding round ever, a little larger than the $6 billion that Elon Musk’s generative AI startup, xAI, raised in 2023. Read More ›

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Translucent soap bubbles floating with natural green backdrop

The AI Bubble: Hype, Reality, and Consequences

In this week's podcast, Pomona College economics prof Gary Smith discusses with Robert J. Marks what generative AI is and isn't good for

AI can be a helpful tool when used appropriately but, he warns, the current AI boom mirrors past economic bubbles, driven by hype and inflated expectations.

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