Technology & Telecommunications

I was blown away when I first heard the most popular use case for generative artificial intelligence (AI) in 2024, is a chatbot called a companion bot. Romantic AI is one example of a company providing AI girlfriends or AI partners powered by algorithms designed to interact with users on an intimate level. Other examples include Character AI, whose founders are now at Google (NASDAQ:GOOG), whose technology lets users chat and role-play with real-life or fictional characters, including Queen Elizabeth and Draco Malfoy (of Harry Potter fame), or create customized AI companions. continue…

by Roger Montgomery Posted in Companies, Technology & Telecommunications.

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In this morning’s Ausbiz episode, I discussed how generative artificial intelligence (AI) might ultimately benefit consumers more than shareholders. We explored the distinct roles within the AI landscape: “upstream” companies like Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) provide essential infrastructure, while “downstream” firms like Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT) apply the technology but face slowing profit growth. Amazon (NASDAQ:AMZN), interestingly, occupies a “midstream” position, balancing both infrastructure and application.  continue…

by Roger Montgomery Posted in Technology & Telecommunications, TV Appearances.

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If you spend enough time embedded in the world of equities and markets, you eventually see it all. Acknowledging the generations of investors before my generation, I am sure there is still more to see and experience. But from the 33-odd years I have been doing this, I like to think there’s a few things I am now able to recognise. continue…

by Roger Montgomery Posted in Editor's Pick, Technology & Telecommunications.

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One of the significant shifts coming from artificial intelligence (AI) is associated with the incredible demand for data centre power. When analysing rack power density, or the power draw of a single, fully populated rack measured in kilowatts (KW), a typical centre without AI demand has a rack power density of 6-12 kilowatts from central processing unit (CPU) based servers. continue…

by David Buckland Posted in Technology & Telecommunications.

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Australia needs to urgently ditch the luxury car tax so that Chinese electric vehicles (EVs) aren’t the only cheap option. According to U.S. security experts, Chinese EVs are a danger to national security.

In a decisive move with significant implications for the United States (U.S.) automotive and technology sectors, the Biden Administration this week unveiled plans to prohibit the use of Chinese-developed software in internet-connected vehicles. continue…

by Roger Montgomery Posted in Global markets, Technology & Telecommunications.

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We have written frequently about the powerful and transformational potential of generative artificial intelligence (AI), as well as the risks for investors who mistakenly believe that returns to shareholders will equate to the benefits garnered by consumers and the world generally.  continue…

by Roger Montgomery Posted in Technology & Telecommunications.

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In 1966, Abraham Maslow said, “I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.” The human predilection to use the latest new technology to fix everything is enduring.  continue…

by Roger Montgomery Posted in Technology & Telecommunications.

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After the recent setback in prices from record highs, many investors wonder whether mega-cap U.S. technology company shares continue to slide, dragging down with them the main indices in which they represent a significant proportion, whether they merely underperform non-technology companies or smaller companies, or whether they return to leading a charge higher in both absolute and relative terms. continue…

by Roger Montgomery Posted in Companies, Technology & Telecommunications.

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Remember the television show The Jetsons?

I am showing my age by declaring I looked forward to watching the Hanna-Barbera produced cartoon, The Jetsons. Perhaps I couldn’t articulate it at the time but there was something promising and hopeful about seeing George Jetson arrive home in a flying car, then sitting down to a family meal served by robot maid, Rosie. continue…

by Roger Montgomery Posted in Editor's Pick, Technology & Telecommunications.

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In this week’s video insight, I discuss the significant impact of artificial intelligence (AI) on companies, particularly the “Magnificent Seven.” AI is driving up the power needs of data centres, far beyond traditional levels. I explain this with the concept of rack power density and highlight predictions about U.S. data centre electricity use. I also mention Amazon Web Services’ recent energy deals and how these changes might influence Australia’s energy policies, including the debate on nuclear power.  continue…

by David Buckland Posted in Technology & Telecommunications, Video Insights.

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