|
|
|
Newsletter continues after sponsor message
|
|
|
Patrick T. Fallon/AFP via Getty Images |
|
| Tech companies are investing billions of dollars in the artificial intelligence industry, as business executives and investors proclaim that an AI boom is underway. To avoid depleting cash reserves too quickly, large Silicon Valley companies such as Meta are tapping into private equity and debt to finance a data center building spree. But financial analysts are concerned that instead of an AI boom, there may be an AI bubble — and it could burst soon.
➡️ A growing body of research suggests that AI chatbots are not impacting most tech firms' bottom lines. Only 3% of people pay for AI, yet companies are heavily investing in it.
➡️ Morgan Stanley analysts predict that Big Tech will invest around $3 trillion in AI infrastructure by 2028, with only half of the funding coming from their own cash flows. If AI market growth stabilizes, oversupply could lead to worthless debt and financial losses for institutions.
➡️ Some analysts argue that the circular nature of investments, such as when chip giant Nvidia subsidizes one of its largest customers, artificially inflates the actual demand for AI technology. |
|
| Deborah Willis, the author of Reflections in Black: A History of Black Photographers, 1840 to the Present, has devoted her career to uncovering, cataloging, and showcasing the work of Black photographers and photographs of Black people. Now, 25 years after its publication, a new edition of Reflections in Black is out, with 130 new images and an accompanying gallery show inspired by the book. In this expanded edition, Willis examines the impact of migration and highlights the importance of images for those who have been forced to leave their homes. Take a look at some photos from the book. |
|
Quick question: Do you have a list of old books that you’ve always been meaning to get around to? You know — the sort of book that a friend recommended a hundred years ago, or maybe one that a teacher assigned (and you ignored), or a classic that everyone’s - allegedly - already read? Yep, us too.
Thankfully, we’ve just launched Books We’ve Loved, a brand-new, limited series from our Book of the Day podcast, with new episodes dropping on Saturdays throughout the fall. This is where we’ll be wrangling some of the most compelling lit nerds out there to make the case for picking up a book from the past.
We’re inviting a cast of literary luminaries – authors, critics, and familiar NPR voices – to argue why their book pick is worth your time. We’re asking our guests questions like — why can’t they get this book out of their head? How did this book shift a paradigm, shake the culture, or change their life? And, most importantly, why should you read it now? |
|
|
|
Danny Lawson/PA Images/Getty Images |
|
| | Scientists exploring innovative ways to fight cancer have discovered a promising new lead in bowhead whale DNA, according to findings published in the journal Nature. |
|
|
|
| | In 2007, an expensive divorce left Jolena Rothwell short on cash. When she asked her coworker Steven Green if she could borrow $20, he surprised her the next day with $200 and a note saying that she didn’t have to pay it back. Instead, he asked her to pay it forward. Her unsung hero’s action created a chain of kindness. |
|
|
|
| | Jimmy Cliff, the Jamaican musician and actor who helped bring reggae into the international spotlight, has died at 81. He was known for hits such as "Many Rivers to Cross." |
|
|
|
Stream your local NPR station. |
|
| Visit NPR.org to find your local station stream. |
|
|
| |
|
|
|
|
| | Enjoying this newsletter? Forward to a friend! They can sign up here. |
|
|
|
|
|
|
|
|
You received this message because you're subscribed to Up First emails. This email was sent by National Public Radio, Inc., 1111 North Capitol Street NE, Washington, DC 20002
Unsubscribe | Privacy Policy |
 |
|
|
|
|
|
|
|