GTechNY

AI: The end of the socioeconomic rainbow or business as usual?

It’s 2025, and virtually all of the US economy stopped growing, stock market values notwithstanding, except for the AI sector. Unreal investments in datacenters, a $3 trillion-dollar valuation of Nvidia, a chip war with China, and US attempting to partake in socialism through IBM are some of the signs you’ll see of the AI boom […]

The rise of fake… everything

Trump hitting Biden with a golf ball. Taylor Swift pornography. Celebrities endorsing products. Russia getting involved in producing fake videos portraying Kamala in unfavorable light. Trump, Musk, Swift, Biden, and many more were just some of the targets for deepfakes in 2024. There were celebrity warnings. There were government warnings. Still, people fall prey to scams, based on fake information, constantly, despite warnings from the FBI and many other sources. Americans lost $12.5 billion to scams in 2023 alone. From the race for elusive love, desire to get rich quickly, or just finding reasons to disapprove of someone, like seeing a politician you dislike do the unthinkable, people oftentimes choose to live in la-la land, instead of being grounded by reality. In 2023, despite the inflation and a struggling job market, spending on home entertainment in the United States reached a record $42.97 billion, sports betting got legalized, illegal drug trade increased, money spent on alcohol went up to $37.7 billion, and multibillion-dollar jackpots became a commonplace occurrence.

The dark side of automation

People have realized the clear advantages of automating work since at least The Industrial Revolution. Facilitating better trade routes wasn’t enough. As people got more free time and wealth accumulation ensued, consumerism was born, and who’ll refuse the opportunity to sell more and make extra money?

Is technology ever old?

Long gone are the days of C++ ruling the development space. Just as few knew that ‘NT’ stood for ‘New Technology’ in the late 90s, few still remember that ‘VB’ stands for ‘Visual Basic’, and even fewer can speak about its Beta version being tested by Boeing for Microsoft.