My Brain Food This Week...
Humane launches its AI Pin, Kim Kardashian is the GQ Man Of The Year, and Bill Gates on how AI will change how we interact with computers
Story of the week:
AI is about to completely change how you use computers
(Bill Gates)
Key takeaways:
The future of software lies in intelligent agents that understand natural language and seamlessly integrate into various aspects of our lives, revolutionising how we interact with computers and conduct daily tasks.
AI-powered agents will democratise services in healthcare, education, productivity, and entertainment, making them more accessible and affordable for everyone. This includes personalised mental health support, enhanced educational experiences, and more efficient productivity tools.
Agents are positioned to become the next platform in the computing industry, replacing traditional apps and services. They have the potential to transform software development, replacing the need for coding skills, and will impact industries such as search, e-commerce, and productivity, leading to a significant shift in the tech landscape.
💎 Africa
1. South African Financial Giant Says It Will Inject Capital Into ZARP Stablecoin Network
South Africa’s Old Mutual Wealth and financial services provider Inves Capital recently revealed plans to inject liquidity into the ZARP stablecoin network.
The financial services giant has been the manager of the stablecoin project’s cash reserves since Sept. 2022.
2. Kenya's Safaricom, Sumitomo launch support platform for start-ups
Safaricom and Sumitomo Corp launch a platform for supporting startups
The platform aims to improve key sectors in Africa
3. Why Famous Brands bought Lexi’s, then shut all restaurants
Famous Brands bought plant-based restaurant Lexi’s Healthy Eatery
At its peak, four restaurants were operational (in Rosebank, Modderfontein, Sea Point and Hazelwood in Pretoria).
The pandemic proved a difficult blow to come back from
All restaurants have now closed
🌏 Global
4. Humane officially launches the AI Pin, its OpenAI-powered wearable
It’s a gadget designed for interacting with large language models, not apps, and for talking instead of typing
Control it with a combination of voice control, a camera, gestures, and a small built-in projector
Humane seems to view the AI Pin as the beginning of a larger project
Humane may hope its device evolves the way the smartphone did
5. SpaceX Discusses Spinning Off Starlink Via IPO as Soon as 2024
Starlink is set to IPO in 2024 to capitalise on demand in the communications space
To get ready, SpaceX has been moving the satellite unit’s assets to a wholly owned subsidiary that would ultimately be spun off in the IPO
Starlink to generate about $10 billion of overall sales next year
Starlink has to date reached cash flow breakeven
6. Kim Kardashian is in her mogul era
Besides Skims, she’s also launched two beauty lines, several perfumes, an energy drink, a mobile game, and a private equity fund
Skims was born out of Kim’s frustration with dyeing her existing shapewear in the bath with tea bags, to better match her skin tone, and cutting off the legs to better suit her red-carpet outfits.
As sincere as her commitment to reform is, Kim also wants to become a lawyer to honour her father