Search: “revolut”

When will average people feel AI’s impact?

Interconnects essay argues AI's impact is still a rounding error for average people, comparing looming wage stagnation to Engels' pause.

An Interconnects essay argues that AI currently touches daily life far less than previous industrial revolutions, since its benefits are concentrated in knowledge work and lack tangible consumer goods. The author invokes Engels' pause (1790-1840), when British wages stagnated amid rapid GDP growth, as a warning that popular backlash could kneecap AI's development. He contends the current phase is about building compounding infrastructure, and predicts daily life may look similar even 50 years from now.

Interconnects·Sep 9, 11:01 UTC · 6d agoAI industry1

Siemens expands Industrial Automation DataCenter with edge AI and cybersecurity

Help Net Security·Apr 15, 09:32 UTC · Apr 15, 2026AI industry

‘Now We Can Know Everything and Do Anything,’ Jensen Huang Says at Dreamforcenew

Salesforce unveiled Koa, its first CRM reasoning model post-trained on NVIDIA Nemotron 3 Super, announced during Jensen Huang's Dreamforce keynote.

At Salesforce Dreamforce, NVIDIA CEO Jensen Huang joined Marc Benioff onstage as Salesforce announced Koa, its first CRM reasoning model, post-trained from NVIDIA Nemotron 3 Super using NeMo RL, NeMo Gym, and NeMo AutoModel. Koa was fine-tuned on a proprietary synthetic dataset drawn from nearly three decades of enterprise CRM deployments across 14+ industries, with no customer data used in training or inference. On Salesforce's CRM Bench of real-world tasks, Koa matches or exceeds leading model performance on CRM actions with 3x fewer errors. Koa already powers an employee agent in Slack, enters customer pilots in October with Formula 1, UChicago Medicine, Baxter Credit Union, 1-800Accountant, Engine, and Xero, and reaches general availability in Winter 2026 in U.S. regions.

NVIDIA Blog·22:24 UTC · 43m agoAI industry

What must happen for AI’s trillion-dollar gamble to pay off

Hyperscalers need 2.7x productivity gains by 2030 to justify nearly $1.1 trillion in AI data center spending, or risk bankruptcy and capital misallocation.

Wharton finance professor Jessica Wachter estimates hyperscaler AI expenditure will reach nearly $1.1 trillion through 2027 and that a 2.7x productivity increase is needed to break even by 2030. AI revenues of roughly $150-200 billion this year fall far short of about $750 billion in annual spending, with total investment from Alphabet, Microsoft, Amazon, Meta, and Oracle potentially exceeding $5 trillion over four years. Alphabet reported its first free cash flow deficit (about $5.9 billion) since its 2004 IPO due to AI infrastructure costs. Researchers warn that failed demand could make the buildout the largest capital misallocation in history, with depreciating GPU chips risking stranded assets.

MIT Technology Review · AI·10:00 UTC · 13h agoAI industry

Coding Is Over. Get over It

A JPMorgan Chase engineer reflects on AI agents outpacing hand-coding, questioning ROI while predicting inference costs will become negligible.

A personal essay by a software engineer with 15+ years at JPMorgan Chase describes how AI coding agents now outperform him and have transformed his workflow. He argues AI ROI is unmeasurable, praises cheap small models such as GPT 5.6 Luna, and cites Claude Code head Boris Cherny's advice to discard AGENTS.md/Claude.md rule files. He contends coding is no longer scarce, worries entry-level jobs will be automated first, and predicts AI's bigger impact lies outside coding.

Hacker News · security·Sep 12, 13:16 UTC · 3d agoAI industryHN 20↑ · 26 comments2

Mines, Minds, and Machines: The Journey of AI

Recorded Future essay traces AI's supply chain from minerals and chips to embodied AI, mapping geopolitical rivalry and cyber operations at every stage.

Recorded Future published an analysis following the supply chain of the fourth industrial revolution: minerals become chips, chips become data centers, and data centers become models that are acquiring physical capabilities. It argues geopolitical rivalry and cyber operations now run along every link, from mine to embodied AI machines.

Recorded Future·Aug 11, 00:00 UTC · Aug 11, 2026AI industry

IT security in 2030

Kaspersky Securelist·Dec 13, 13:00 UTC · Dec 13, 2012AI industry