LensLinks: Issue 245

Energy consumption 'to dramatically increase' because of AI, brought to you by Regiment LLC

Author

Len Pacek
October 05, 2023

Today in LensLinks:

  • Energy consumption 'to dramatically increase' because of AI

  • Epic Games CEO Discusses Layoffs and Metaverse Ambitions at Unreal Fest 2023

  • Yield Protocol to permanently ‘wind down’ operations by December 2023

  • Jump Trading Lost $206 Million in FTX Collapse: Michael Lewis

  • How Meta's VR and AR Could Transform Through AI

  • Meta reportedly plans to downsize staff in metaverse silicon unit – Cryptopolitan

  • Fortnite Creators Are Getting Paid Millions Despite Epic Layoffs

  • BIS and Three Central Banks Successfully Complete CBDC Experiment Using DeFi Networks - The Daily Hodl

  • Two Breaches Contribute to Majority of Q3 Crypto Losses

  • CFTC chair wants defi regulated, says 70% of crypto assets are commodities

  • Bitcoin Holds Steady as Stocks Sell Off. Why Traders Are Still Bullish.

  • Trial of crypto billionaire Sam Bankman-Fried begins | CNN Business

  • Singularity: AI Designs Unique Walking Robot in Seconds - Neuroscience News

  • And Much, Much, More…

#regimentco

QUOTABLE

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"The bull market signal is intact. The BTC/SPX ratio tells us that we are in the bull market. We are only at the very beginning of a monster move higher in risk assets. Before this bull market is over and done, bears will have become bulls,"

- Chartist and macroeconomist, Henrik Zeberg

NOTABLE

Energy consumption 'to dramatically increase' because of AI

AI brings many promises for the future, as well as energy challenges. Are there solutions?

finance.yahoo.com/news/energy-consumption-to-dramatically-increase-because-of-ai-114541309.html

Metaverse & Gaming

Epic Games CEO Discusses Layoffs and Metaverse Ambitions at Unreal Fest 2023

Epic Games CEO Discusses Layoffs and Metaverse Ambitions at Unreal Fest 2023 - Game Is Hard

gameishard.gg/news/epic-games-ceo-discusses-layoffs-and-metaverse-ambitions-at-unreal-fest-2023/290853

Blockchain, Tokens & DeFi

Yield Protocol to permanently ‘wind down’ operations by December 2023

All borrowing and lending on the Yield Protocol will end by Dec. 31st.

cointelegraph.com/news/yield-protocol-permanently-wind-down-december-2023

Crypto Trading

Jump Trading Lost $206 Million in FTX Collapse: Michael Lewis

The market making firm is one of the largest creditors of bankrupt crypto exchange FTX, according to Michael Lewis’ book.

unchainedcrypto.com/jump-trading-lost-206-million-in-ftx-collapse-michael-lewis

Metaverse & Gaming - a little more…

How Meta's VR and AR Could Transform Through AI

Meta CTO Andrew Bosworth talks to CNET about the upcoming Quest 3 headset, how AI assistants on glasses could change, what's up with eye tracking and where's Beat Saber for mixed reality.

www.cnet.com/tech/computing/how-metas-vr-and-ar-could-transform-through-ai

Meta reportedly plans to downsize staff in metaverse silicon unit – Cryptopolitan

Meta plans to downsize its Reality Labs division, the unit responsible for pioneering custom silicon to power the tech giant’s augmented and virtual reality hardware. According to a recent report by Reuters citing sources familiar with the matter, the announcement arrived via Meta’s Workplace discussion forum on Tuesday. Employees were advised they would be apprised ... Read more

Fortnite Creators Are Getting Paid Millions Despite Epic Layoffs

Epic has announced it's given $120 million to Fortnite map creators just days after announcing mass layoffs.

www.thegamer.com/fortnite-map-creators-paid-millions-epic-layoffs

Blockchain, Tokens & DeFi - a little more…

BIS and Three Central Banks Successfully Complete CBDC Experiment Using DeFi Networks - The Daily Hodl

The global central bank umbrella organization has successfully completed a cross-border trading experiment using central bank digital currencies (CBDCs) and decentralized finance (DeFi) technology.

dailyhodl.com/2023/10/03/bis-and-three-central-banks-successfully-complete-cbdc-experiment-using-defi-networks

Two Breaches Contribute to Majority of Q3 Crypto Losses

Discover the alarming rise in crypto losses in Q3 2023. Learn how Mixin Network and Multichain suffered the most losses.

beincrypto.com/immunefi-crypto-losses-q3-2023

CFTC chair wants defi regulated, says 70% of crypto assets are commodities

The chair of the US Commodity Futures Trading Commission (CFTC) is advocating for stringent cryptocurrency regulations, particularly in the case of defi

crypto.news/cftc-chair-wants-defi-to-be-regulated-says-70-of-crypto-assets-are-commodities

Crypto Trading - a little more…

Bitcoin Holds Steady as Stocks Sell Off. Why Traders Are Still Bullish.

Bitcoin has been relatively stable despite turmoil in the stock market and surging bond yields this week. October could still be "Uptober," analysts say.

www.barrons.com/articles/bitcoin-crypto-markets-today-f84bac22

Top Trader Henrik Zeberg Makes Epic Bitcoin Prediction By U.Today

Top Trader Henrik Zeberg Makes Epic Bitcoin Prediction

www.investing.com/news/cryptocurrency-news/top-trader-henrik-zeberg-makes-epic-bitcoin-prediction-3190387

Trial of crypto billionaire Sam Bankman-Fried begins | CNN Business

CNN’s Zain Asher and Bianna Golodryga reflect on the alleged crimes of Sam Bankman-Fried.

www.cnn.com/videos/business/2023/10/04/exp-true-crime-business-crypton-sbf-bankman-fried-fst-100312pseg3-cnni-business.cnn

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

AI Designs Unique Walking Robot in Seconds - Neuroscience News

Pioneering artificial intelligence (AI) has astoundingly synthesized the design of a functional walking robot in a matter of seconds, illustrating a rapid-fire evolution in stark contrast to nature's billion-year journey.

neurosciencenews.com/ai-walking-robot-24911

ESG (Environmental, Social & Governance)

Ask Not What Your Robot Can Do for You, but What You Can Do for Your Robot

IN NOVEMBER of last year, I fell a little bit in love with a robot.

lareviewofbooks.org/article/ask-not-what-your-robot-can-do-for-you-but-what-you-can-do-for-your-robot

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.