AI to Predict Alzheimer's: A Breakthrough or False Hope?

July 17th, 2024

One of the biggest areas that will be impacted by AI over the coming years is investing. I’ve been using AI-driven trading bots for the last several years to invest my money. I typically make around 10% monthly returns from it.

If you want to learn more about them…I recently went through this course that was super helpful for getting started in just a few short minutes. Check it out here.

Read Time: 10 Minutes

Today’s Menu

  • AI to Predict Alzheimer's: A Breakthrough or False Hope?

  • Mt. Gox Sells Off: Bitcoin Volatility and Ether ETF Surge

TODAY IN AI

AI to Predict Alzheimer's: A Breakthrough or False Hope?

Researchers from Cambridge University have developed an AI tool capable of predicting the progression of mild cognitive impairment to Alzheimer’s disease with over 80% accuracy. This tool analyzes cognitive assessments and MRI scans, avoiding costly and invasive procedures like PET scans and spinal taps. It categorizes patients into three groups: stable, slow progressors, and rapid decliners.

With 82% accuracy in predicting progression and 81% in identifying stability, the AI significantly reduces misdiagnosis rates. Validated with six years of follow-up data across multiple countries, this could herald a new era of proactive treatment for cognitive decline as dementia cases are expected to triple in the next 50 years.

Today In Crypto

Mt. Gox Sells Off: Bitcoin Volatility and Ether ETF Surge

Bitcoin dipped below $63,000 due to Mt. Gox's selling pressure. BTC briefly tested $65,000 during Asian trading hours before dropping 3% as a Mt. Gox wallet moved nearly $3 billion in bitcoin, likely for creditor repayments. Traders fear recipients will dump their coins, pushing BTC down further. Bitcoin fell to $62,500 in mid-European morning before rebounding to $63,500, up 1.6% in 24 hours. The broader crypto market, as per the CoinDesk 20 Index, rose 1.55%.

Spot ether ETFs could begin trading in the U.S. next Tuesday. Sources indicate that SEC officials have no further comments on the recent S-1 filings, with funds potentially listed on July 23. Ether gained 7.3% on Monday, outpacing bitcoin, and is currently at $3,410, up 2.2% in the last 24 hours.

Citi's research suggests ether ETFs could see inflows of $4.7 billion to $5.4 billion over six months, about 30%-35% of bitcoin product levels. However, lower flows are possible due to diversification benefits and the lack of staking options in the ETFs. Investors may also split allocations between bitcoin and ether ETFs rather than increasing funds specifically for ether.

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