The (Silicon) Valley is where it's at, with fintech and new technology forging a brave new world.
“I’d say more, but I’m signed on NDA”
I wasn’t planning to chip in this time, but I stumbled upon an article so compelling I felt I ought to. Uncanny Valley, published by Anna Weiner in N+1 Magazine, is a short literary piece which lives up to its title.
Weiner’s nameless narrator is going through most commonplace experiences of the Valley, both physically and mentally, without really being a part of it. “I learn the bare minimum, code-wise, to be able to do my job well — to ask questions only when I’m truly in over my head,” she confesses. She is going from being the start-up’s inaugural customer support rep to become a “success manger”, a title so corny for her she can’t stand having it on her email signature.
It goes on and only gets better. What’s striking for me about this piece is the wit and depth with which it captures how corporate life looks like right now.
I don’t know if her rendering of Valley life is accurate (feedback by our fintech section’s readers would be appreciated), but it sure feels like it. And while we are witnesses to the great number of changes that startups and technology in general introduce to our finance, it’s nice to glimpse every once in a while the human surroundings where it happens.
AI Much Closer Than We Think
Like me, perhaps you grew up watching Terminator 2 or the Matrix, or you always just had a soft spot for robots or artificial intelligence (AI), maybe both. Regardless, what is now transpiring in Silicon Valley is nothing short of incredible, given the recent news swirling around the unveiling of Elon Musk’s artificial intelligence company, OpenAI.
One of the most overused words across the media is ‘disruptive’; we get it, company X is creating product Y that will somehow change the world and/or industry forever. And yet, I cannot help but contemplate the tantalizing notion of what OpenAI could mean not only for the broader industry but also for innovation moving forward.
Of course, we aren’t worrying about robots taking our jobs or some AI hijacking the US nuclear arsenal, i.e. Skynet. No, at the moment, the level of AI we are talking about is akin to a 1st grader playing a videogame, however that in and of itself is a big deal.
The new breed of AI will not only remake technology, but remake the way we build technology
It is rather exciting to see how much money is being poured into this realm, not just with AI research but the salaries and demand for top-level researchers in this space. While just a startup, OpenAI’s trajectory seems to be rather optimistic, given that it is backed by a man with limitless vision (Musk), seemingly limitless resources, and a confluence of ambition and desire to engineer the most comprehensive AI yet.
Before you dismiss this assertion as some long off futuristic notion, I recommend giving this article a quick read. I predict OpenAI is definitely a name we will be hearing about moving forward.
Rethinking China
Let's get back to the human intelligence, or lack of it, in front of the trading screens. We have now moved into the eighth year since the eruption of the financial crisis in 2008. While many pundits have actively been discounting the possibility of a similar event occurring in the next decades, the Chinese economy has been on track to become dependent on a massive credit bubble. With a number of financial industry firms targeting Chinese retail clients, a credit bust in the country is likely to make that market substantially more difficult for operators.
While many argue that the Chinese government is in control of the situation, Ben Bernanke and Hank Paulson also thought that they were in control of the U.S. housing market.. just until they weren't. Before you even think that Chinese authorities have a better chance of unwinding the country’s credit bubble, give this article a thorough read and consider your business plans for expanding in the Far East carefully.
“I’d say more, but I’m signed on NDA”
I wasn’t planning to chip in this time, but I stumbled upon an article so compelling I felt I ought to. Uncanny Valley, published by Anna Weiner in N+1 Magazine, is a short literary piece which lives up to its title.
Weiner’s nameless narrator is going through most commonplace experiences of the Valley, both physically and mentally, without really being a part of it. “I learn the bare minimum, code-wise, to be able to do my job well — to ask questions only when I’m truly in over my head,” she confesses. She is going from being the start-up’s inaugural customer support rep to become a “success manger”, a title so corny for her she can’t stand having it on her email signature.
It goes on and only gets better. What’s striking for me about this piece is the wit and depth with which it captures how corporate life looks like right now.
I don’t know if her rendering of Valley life is accurate (feedback by our fintech section’s readers would be appreciated), but it sure feels like it. And while we are witnesses to the great number of changes that startups and technology in general introduce to our finance, it’s nice to glimpse every once in a while the human surroundings where it happens.
AI Much Closer Than We Think
Like me, perhaps you grew up watching Terminator 2 or the Matrix, or you always just had a soft spot for robots or artificial intelligence (AI), maybe both. Regardless, what is now transpiring in Silicon Valley is nothing short of incredible, given the recent news swirling around the unveiling of Elon Musk’s artificial intelligence company, OpenAI.
One of the most overused words across the media is ‘disruptive’; we get it, company X is creating product Y that will somehow change the world and/or industry forever. And yet, I cannot help but contemplate the tantalizing notion of what OpenAI could mean not only for the broader industry but also for innovation moving forward.
Of course, we aren’t worrying about robots taking our jobs or some AI hijacking the US nuclear arsenal, i.e. Skynet. No, at the moment, the level of AI we are talking about is akin to a 1st grader playing a videogame, however that in and of itself is a big deal.
The new breed of AI will not only remake technology, but remake the way we build technology
It is rather exciting to see how much money is being poured into this realm, not just with AI research but the salaries and demand for top-level researchers in this space. While just a startup, OpenAI’s trajectory seems to be rather optimistic, given that it is backed by a man with limitless vision (Musk), seemingly limitless resources, and a confluence of ambition and desire to engineer the most comprehensive AI yet.
Before you dismiss this assertion as some long off futuristic notion, I recommend giving this article a quick read. I predict OpenAI is definitely a name we will be hearing about moving forward.
Rethinking China
Let's get back to the human intelligence, or lack of it, in front of the trading screens. We have now moved into the eighth year since the eruption of the financial crisis in 2008. While many pundits have actively been discounting the possibility of a similar event occurring in the next decades, the Chinese economy has been on track to become dependent on a massive credit bubble. With a number of financial industry firms targeting Chinese retail clients, a credit bust in the country is likely to make that market substantially more difficult for operators.
While many argue that the Chinese government is in control of the situation, Ben Bernanke and Hank Paulson also thought that they were in control of the U.S. housing market.. just until they weren't. Before you even think that Chinese authorities have a better chance of unwinding the country’s credit bubble, give this article a thorough read and consider your business plans for expanding in the Far East carefully.
Mastercard Teams Up with Fintech Startups to Accelerate Digital Payment Solutions
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Don't miss out on our latest videos, interviews, and event coverage.
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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