Riding off higher trading volumes of cryptocurrencies like bitcoin and ethereum, Coinbase’s revenue tripled to $1.8 billion in the first quarter of this year. The company’s net profit for the quarter also surged to $771 million, more than 24 times the amount from the same period a year ago. The strong growth comes partly because the price of bitcoin, which accounts for 39% of Coinbase’s...
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The Weekend culture ai
Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
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