chatgpt unlikely to replace accountants

your job may be safe … for now.

by rick richardson
technology this week

even while there is rising concern about how generative ai can disrupt the world’s labor markets, accountants may be able to sigh with relief, even if only temporarily. recent studies show that my chosen profession may be spared replacement because the chatgpt language model doesn’t do well with math!

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the fastest-growing and most well-known ai platform to date – chatgpt’s artificial intelligence language model, which excels at behavioral learning, storytelling and other creative tasks – has prompted questions about its potential to enable students to cheat on assignments and exams. however, the bot passed the bar exam with a 90th percentile score, completed 13 out of 15 ap tests, and scored almost perfectly on the graduate record exam (gre).
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cancer vaccine available by 2030?

imagine a world without cancer. is it possible?

by rick richardson
technology this week

a ground-breaking group of new vaccines for a variety of illnesses, including cancer, might save millions of lives, according to researchers. a major pharmaceutical company expressed confidence that vaccines for ailments including cancer, cardiovascular and autoimmune diseases, as well as others, will be available by the end of this decade.

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studies into these vaccinations are also “very promising,” according to some researchers, who claim that the covid-19 jab’s success has “unspooled” 15 years’ worth of development in just 12 to 18 months.

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four of today’s new technologies that will be tomorrow’s ‘norm’

what startup stock should you add to your portfolio?

by rick richardson
technology this week

twenty years ago, the idea of smartphones and electric automobiles looked like a pipe dream. however, as of today, 86.4 percent of the world’s population, or roughly 6.92 billion people, own their own smartphones.

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further, ev car ownership grows daily. governments all around the world are promoting the use of electric automobiles rather than vehicles with combustible engines to move toward a greener future.

we’re all trying to add to our portfolio that startup stock that will blossom into a blue chip cornerstone of our retirement. here are four exciting innovations that seem poised to become an assumed part of our life in the next two decades.

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looking for investments? check out smart home technology

the industry is expected to grow by almost 400% by 2027.

by rick richardson
technology this week

we bought our first home in late 1968. we watched it being built and even installed sound cables in the walls before they dry-walled so we would have a sound system for the whole home. those days were called “container days.” the contractors erected the container and left the homeowner to finish the rest.

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now, 45 years later, the sector is being upended by smart home technology, creating a large market opportunity for investors, entrepreneurs, designers, and builders. the smart home industry, which was estimated to be worth $79 billion in 2020, is expected to increase to $314 billion by 2027, according to recent research from mordor intelligence.
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4 new tech trends to watch

embedded research assistants, metaverse meetings, more evs and safer connections are closer than you think.//www.g005e.com/2022/12/06/choose-your-little-black-dress-of-technology/

by rick richardson
technology this week

now that we have a few weeks of 2023 under our belts, it’s time to look out to the remaining months to see what areas of technology are going to have the biggest impacts on our lives.

before we look forward, let’s look back to the end of 2022 and see the trends that were forming and how they will affect our world in 2023.

more tech this week:chatgpt: what it is. why you need to know.|russia-linked ransomware back with a vengeance|amazon aws: the mainframe killer?|amazon launching its first internet satellites|russian solarwinds hackers at it again|nasa finds a $10 quintillion asteroid|firms must balance benefits, risks of emerging technology|microsoft and google go to war
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from a hardware perspective, it was an unexciting year. apple and samsung refreshed their flagship smartphones, but most reviewers rated the changes as incremental upgrades. mark zuckerberg, with his eyes on changing the way people work, introduced a $1,500 virtual-reality headset. but, with only a two-hour battery, most users will strap the new headset on for gaming.

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cyber insurance costs rise in health care as attacks soar

just how will that affect health care costs for employers?
illustration of man pushing padlock button

by rick richardson
technology this week

health systems – having already been hit by labor and supply chain costs and broader economic woes – have another unwieldy financial problem: the soaring costs of cyber insurance.

moody’s investors servicenotesthat, while it’s not sexy, the sheer size of cyber-crimes and insurers’ reluctance to cover losses brought on by ransomware attacks are seriously impacting hospitals.

more tech this week:chatgpt: what it is. why you need to know.|russia-linked ransomware back with a vengeance|amazon aws: the mainframe killer?|amazon launching its first internet satellites|russian solarwinds hackers at it again|nasa finds a $10 quintillion asteroid|firms must balance benefits, risks of emerging technology|microsoft and google go to war
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“the timing of the insurance price increase is bad for health care. there isn’t much room for error, ” said matthew cahill, a moody’s analyst. there have been double-digit increases in premiums over the past four years, often more than tripling in a single year. according to a recent analysis from property casualty 360, the industry’s insurance costs have finally started to stabilize in the first quarter of 2023.

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solar sensors detect wildfires early, saving lives, money

high school science project spurs the creation of outdoor detectors.back of smoke detector

by rick richardson
technology this week

one of the best pieces of innovative home hardware is the nest protect.

more than other household items, smoke detectors might benefit from being connected. they significantly contribute to your feeling of security while you’re away from home. ideally, you won’t need it, but it might save lives if you do.

more:the cheapest clean energy might be lunar|only 19% of firms host email|52% of firms look outside for it support|firms battle disruptions in communications and workflows|pandemic changed work for 64%|pandemic? what pandemic?|m&a looms large for 30% of firms|today’s top 3 tech problems: security, client onboarding and workflow|today’s top 3 problems: staffing, workflow and tech
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torch, established in 2020, is implementing some of these concepts in a new environment. the $299 device provides early outdoor detection for up to 10 acres, which is fixed onto a spike put into a tree. it’s a sizable addressable market that, regrettably, will expand even further in the years to come as wildfire threats rise.

my school closed down for a week because there was so much smoke. it was a horrible situation. people lost billions of dollars in damage

climate change is to blame for this situation since it causes droughts and hotter temperatures, ideal conditions for destructive fires, especially in the western united states. as recently highlighted bynasa:

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adobe announces “creator-friendly” generative ai tools

how can ai overcome copyright infringement issues?

by rick richardson
technology this week

adobe hasunveiled firefly, a new suite of generative ai tools it hopes will encourage more design professionals to embrace rather than fear this cutting-edge technology.

why it matters.as generative ai has swept the globe, artists have had difficulty adapting to it. while some view it as a useful tool, others see it as a threat to jobs and a kind of thievery.

(wait, where have we heard that before?)

more tech this week:chatgpt: what it is. why you need to know.|russia-linked ransomware back with a vengeance|amazon aws: the mainframe killer?|amazon launching its first internet satellites|russian solarwinds hackers at it again|nasa finds a $10 quintillion asteroid|firms must balance benefits, risks of emerging technology|microsoft and google go to war
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adobe wants to address two obstacles that are preventing business usage of the technology with firefly: worries about copyright issues and the absence of professional-grade tools.

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