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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

FTX SOLD ABOUT $1B OF GRAYSCALE'S BITCOIN ETF, EXPLAINING MUCH OF OUTFLOW

Since converting to an ETF, the Grayscale Bitcoin Trust has had over $2 billion in outflows, with the FTX bankruptcy estate accounting for a significant portion of that. Additional outflows have partly been attributed to investors moving to lower-fee alternatives like BlackRock and Fidelity, which have attracted significant inflows. Many were calling for the ETFs to be a “sell the news” event, and it has turned out that way in the short term. However, the downward pressure could ease up now that the FTX estate has fully exited its GBTC positions.

DISNEY OFFERS AN ELEGANT SOLUTION TO VR’S MOVEMENT PROBLEM

Disney's HoloTile is a system composed of hundreds of small round tiles, each serving as a kind of mini omnidirectional treadmill. The tiles work together to prevent users from walking off the HoloTile. Users can walk on the HoloTile in any direction they want and it will automatically do whatever it needs to keep them on the floor. It supports multiple people walking independently. The technology will likely become part of a Disney Parks VR experience. Video of the HoloTile in action is available in the article.

WORLD'S LARGEST NUCLEAR REACTOR, CAPABLE OF PROVIDING UNLIMITED FOREVER ENERGY, IN MAKING

The International Thermonuclear Experimental Reactor (ITER) is a fusion reactor that may one day provide the Earth with unlimited energy. The project started in 2005. Fusion reactions occur when two small particles collide, forming a heavier atom and producing a significant amount of energy without creating radioactive waste. If successful, ITER will be arguably the most complex machine ever designed.

I THINK WE CAN ALL AGREE THAT GPT-4 COMPLETES MANY TASKS AT HUMAN-LEVEL PROFICIENCY

While GPT-4 is proficient in many tasks, it is also imperfect in odd ways. For example, it can speak all languages, but barely do math. As AI becomes more competent, the technology will have an increasingly large impact on the world. This post lists several ways AI could impact the world and asks some important questions about how these impacts will change the world. The areas affected by AI include markets, real estate, energy, data centers, nations, inflation, and geopolitics.

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