The article also discusses the use of AI and digital manipulation in political advertising, the use of generative AI by terrorists, and the risks AI poses to the future of writing. It also covers Nvidia's attempts to serve the Chinese market for computer chips, the use of cameras made by Hikvision in the occupied West Bank, concerns about online disinformation, Apple's tax bill case in Ireland, and Wikipedia's blind spot for less economically developed countries.
Key takeaways:
- The annual ApeFest in Hong Kong, a gathering of Bored Ape NFT collectors, resulted in attendees suffering from eye injuries due to UV lights used at the event.
- The NFT market, which saw a significant boom in 2021, has seen a rapid decline in interest and value. For instance, Bored Apes, which once sold for half a million dollars, are now selling for a tenth of that price.
- An analysis suggests that 95% of all NFTs are now practically worthless, termed as "Dead NFTs".
- The injuries suffered by attendees at the ApeFest event are seen as a metaphor for the NFT market's downfall, highlighting the lack of checks and balances in the sector.