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- "AI Steve" Runs for Parliament, Chinese startup "Ex-Robots" Pioneers Humanoid Robots
"AI Steve" Runs for Parliament, Chinese startup "Ex-Robots" Pioneers Humanoid Robots
June 17th, 2024
Trading and investing is one of the main areas that I believe AI is going to disrupt over the coming years. I’m currently using several automated trading bots that generate me returns ranging from 10-15% per month.
These trading bots are fully automated so I don’t have to stare at charts all day or actively manage it (I don’t even know how to trade!)
If you’re interested in learning more about how to use automated trading bots to generate passive income…
Read Time: 10 Minutes
Today’s Menu
“AI Steve” Runs for UK Parliament
Tether Co-Founder Predicts Solana and Cardano ETF’s
Chinese Startup Pioneers Humanoid Robots
TODAY IN AI
AI Steve Runs for UK Parliament
"AI Steve," an artificial intelligence entity created by businessman Steve Endacott, is running for Parliament in the UK. Endacott's goal is to use AI Steve to address constituents' concerns and direct his voting decisions based entirely on their inputs, aiming to make politics more democratic and transparent. AI Steve's platform includes ambitious policies like introducing a four-day workweek and increasing prison capacity, reflecting Endacott’s frustration with traditional politics and his desire to involve the public directly in decision-making.
Endacott, disillusioned with the conventional political system after his experience with the Conservative Party, developed AI Steve to better connect politicians with their constituents through data-driven insights and direct feedback. By leveraging AI, he hopes to remove personal biases and focus on what people genuinely want from their representatives. Despite skepticism and ethical concerns, AI Steve's candidacy highlights a novel approach to governance, emphasizing transparency and community engagement in political processes.
TODAY IN CRYPTO
Tether Co-Founder Predicts Cardano and Solana ETF’s
Tether co-founder William Quigley has suggested that Solana and Cardano may be next in line for ETFs, driven by Wall Street's insatiable greed. Despite this bold prediction, Cardano has underperformed in recent months and Solana faces regulatory issues as an unregistered security according to the SEC.
The pathway to establishing spot ETFs is lengthy and fraught with challenges, requiring the establishment of futures ETFs and subsequent SEC scrutiny. Consequently, it’s unlikely we’ll see new crypto ETFs for major projects in the near future, especially with the looming possibility of a bear market tempering Wall Street's enthusiasm for crypto investments.
TODAY IN ROBOTICS
Chinese Startup Pioneers Humanoid Robots
Chinese company Ex-Robots is pioneering the development of humanoid robots capable of displaying advanced facial expressions and emotions. Leveraging proprietary software and sophisticated algorithms, these robots can mimic human movements through the use of tiny motors. Initially designed for museum displays, their potential applications are expanding to include psychological counseling and educational purposes. The production of these humanoids takes between two to four weeks, with costs ranging from 1.5 to 2 million yuan. The company is also exploring their use in health and emotional interaction services for children.
Looking ahead, Ex-Robots aims to integrate these humanoids into various sectors, enhancing their utility beyond static displays. Their vision includes robots playing pivotal roles in therapy, education, and child development, harnessing their ability to interact on an emotional level. This innovation marks a significant step in robotics, offering practical applications that could revolutionize how humans interact with machines in sensitive and educational settings.
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