Hi All
The CHATGpt discussions starting with
@chapman89 had caught my imagination and having read Jordan B. Peterson’s book his video posted today led to some further reading and I discovered the following paper/blog thought piece.
I personally believe that this thought piece is a must read for a whole range of reasons one of which is related to investing and research.
This piece makes clear that a political and moral framework can be programmed or developed into CHATGpt so that a narrative is produced regardless of the question asked.
So as an investor consider what such moral and political narratives would be pursued were you to ask the question which are the oil explorers with the largest reserves still to come on line that are available to invest in on the ASX?
What publicly listed biotechnology companies are working on brain computer interphases?
What if you asked is Brainchip a good company to invest in? Could you get a response framed by the morality of working with defence contractors?
Using Google you just get links not a programmed narrative based on political or moral constraints. This is an entirely new ball game.
This next step raises many questions we all need to individually understand and be aware of as the social engineering implications inherent in this technology advance are unprecedented.
Could a MF pay for a particular narrative to run within the system?
In China imagine what narrative could be propagated by such a system.
My opinion only DYOR
FF
AKIDA BALLISTA
I can help but continually revert back to AfterPay when contemplating the potential value of this company.
AfterPay reached an approximate value of $40b on the ASX before cooling off and being acquired by Square for $39b. I believe the last ASX revenue report was $500m.
There’s no denying that it was a one trick pony. It didn’t offer anything that many other BNPL companies did at the time, it simply got traction. No unique technology, applicable to one sector, nothing much to patent, nothing special whatsoever really.
Then theres us:
- A game changing technology with seemingly endless use cases
- Competing, and leading in a space that most other market leaders are trying to dominate
- Protected by an army of patents
- Catching the attention of industry (for Mercedes to use us is incredible, let alone NASA and god knows who else)
I still think we’re early. I mean from an industry perspective, we came out of nowhere. Think about it… Big tech is watching Intel - the market leader - to see what they can do with Loihi when ready for market. They had been beating the Neuromorphic drum, and undoubtedly under pre-contracts with many existing clients. Big tech would have been looking at the numbers and considering what their development options were, then bam, out of seemingly nowhere Akida is released. Smaller, faster, lower power, cheaper and available. But it’s from a startup in a country nobody takes seriously, and it has a $200m MC at the time. It’s quite unbelievable, but its irresponsible for big tech not to take a look at least. Then they realise, it’s the real deal, and products that they were considering developing have the potential to be better, and cheaper than they had originally thought, so it’s back to the drawing board.
Now this may or may not have been how things occurred, but I betting it’s not too far off.
It took time to gain exposure, it took time to gain confidence, and it takes time to develop products - but if Mercedes, NASA, and Valeo are close, you’d think that others under the EAP probably are too, and if half the dots drawn on here come true… well…
Intel have spent more (significantly - I can’t find the figures but remember seeing them a while back) developing Loihi than the entire Market Cap of Brainchip - and it’s not a patch as good as it. They’ve practically admitted this by offering Akida under their name! Surely this alone speaks of how undervalued we currently are?
I just fail to see how we can‘t compete with the value of a company like Afterpay, that essentially ran on hype.