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AI Making Possible New Devices Development
Who would have though AI would get that far so soon. Now some devices that didn't have the responsiveness power to come through now can use AI in their software so their hardware can interact with the space in a seamless way.
The power implement this ideas has been just recently created, so it makes sense we can now see things that before were just ideas, maybe even crazy ideas, to become possible. From instant micro-loans to clear laptops, tech is on the move right now.
Nvidia leads the chip industry, especially now with AI advancements. It has made Nvidia, the tech company no one can ignore. Their stock value reflects its significant influence and technological contributions, prioritizing innovation, transitioning from gaming to AI. Quality is stills Nvidia's mark for success, despite higher production costs. They are now capitalizing on chips demands, it's ruling the market and it is great for the company but raises concerns about the core of most new tech being in charge of one company.
Recently alternatives for loans and credit cards are being implemented. American Express (AMEX) introduces Plan It, a buy-now-pay-later option joining the trend in fintech. The Plan It offers AMEX cardholders in the UK the flexibility to make purchases beyond their balance and pay in installments over time. The service is accessible through various channels, including online banking and the AMEX app. Unlike traditional loans, Plan It charges a monthly service fee instead of interest, and no hidden changes afterwards. The restrictions to access this new credit are based on the previous month's balance. A great tool for small purchases that are easy to pay off but you don't have the money right at the moment.
We mentioned the importance of new chips in the rapid tech evolution, and can see an example of this with the new Lenovo's transparent screen laptop. This new device is impressive to see but more than that, it has some possible applications that go beyond the first raised privacy concerns. The Laptop could be used in education, design, medicine, and other areas were integrations with the space could be useful.
AI integrations and rear camera can improve the way the information is overlay with reality, Lenovo's Transparent Laptop can use augmented reality and make the workspace more interactive and accesible, specially when said space has relevant elements such as in the medical field.
The durability, capabilities and adaptation to the market are yet to be seen. This tech just now we can see it's very demanding on the hardware.
Let's close with our crypto friend, Bitcoin, because currently it has not stopped generating news and moving up. Joining the trading business implies understanding market fundamentals, including Bitcoin dominance, Bitcoin/Ethereum rates, and technical analysis indicators. After the launching of the Bitcoin ETF and the volume dominating the market, the predictions have become more difficult. Recent trends indicate significant buying pressure despite ongoing selling by GBTC.
Despite Bitcoin and Ethereum's efforts to maintain market stability, neither altcoins nor traditional indices like NASDAQ and S&P500 have shown strong positive signals.
Could be a good idea to take profits, and keep an eye on unexpected movements of the market that go against previous historical cycles.
Technology seems to be advancing to areas we didn't even ask yet, and crypo joining the mainstream territory. What are your feelings about the news we have had these first two months of 2024?
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