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THE DAILY INDEX

Technology, AI, software, security, crypto and business

GENERAL

TLDR

SPACEX LOOKS TO COMPETE WITH THE CARRIERS

SpaceX has been hunting for a spectrum that works well in cities and dense areas for its wireless network. It is considering buying competitors to acquire the spectrum or competing at a government auction set for next year. The company has expressed interest in building its own terrestrial networks and has demonstrated a prototype mobile handset to some investors. Entering into the mobile market is capital intensive, so SpaceX could ultimately choose not to follow through on these plans.

CHINA CLOSES THE SATELLITE GAP IN SPACE RACE WITH THE US

China has accelerated its deployment of civilian and military hardware into orbit. The country's growing constellations of satellites could help it track events on Earth in real time and in greater detail than ever before. This has raised concerns among US officials, who see China's growing array of space-based capabilities as a quest to displace the US as the pre-eminent space power. Western analysts say that China is leading the world in research in sensors and satellite positioning technologies.

AI Era

Summary unavailable

WHY COMPUTE MIGHT GET 10X+ MORE EXPENSIVE IN COMING YEARS

Labs do not want to spend greater and greater shares of compute on inference. The point of inference revenue is to convince investors to spend more money to buy more compute to train bigger models. Spending too much on compute on inference signals that progress has stalled because it's not worth investing more in training. Labs believe that their models will continue to get better, so this only means that compute will get more expensive.

THE RISE OF MILLION-DOLLAR COMPANIES WITH JUST ONE EMPLOYEE

A new class of entrepreneurs is launching and running new million-dollar companies on their own. AI's ability to handle various administrative tasks makes it useful for launching solo businesses in many fields. The effect of one-person businesses on the labor market remains to be seen. While many people are worried AI will limit employment opportunities, these solo operators show how the technology can also open new doors.

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