Meta's SAM 2: Revolutionizing Video AI and Democratizing Tech

Author

Damon James
July 30, 2024

July 30th, 2024

If you’re one of the 1,000 new subscribers from this past weekend…welcome! Thanks for joining and happy to have you here!

If you joined on accident and do not wish to be on this list, please feel free to hit the unsubscribe at the bottom of the page.

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

  • Meta's SAM 2: Revolutionizing Video AI and Democratizing Tech

  • Bitcoin's Woes: U.S. Government Moves Spark Sell-Off Fears

TODAY IN AI

Meta's SAM 2: Revolutionizing Video AI and Democratizing Tech

Meta has introduced Segment Anything Model 2 (SAM 2), an advanced AI capable of identifying and tracking objects in real-time across video frames, significantly advancing video AI technology.

SAM 2 builds on Meta's image segmentation to handle video challenges like fast movement and object occlusion. It enables easy segmentation and cutouts with a few clicks. Meta is open-sourcing the model and releasing a large annotated database of 50,000 videos used for training.

Potential applications include video editing, mixed reality, and scientific research. SAM 2 could simplify complex video tasks, reinforcing Meta's strategy of open, free-to-use AI breakthroughs following Llama 3.1’s release.

Today In Crypto

Bitcoin's Woes: U.S. Government Moves Spark Sell-Off Fears

Bitcoin edged toward $66,000, erasing last week’s gains, as U.S. government-linked wallets moved a significant amount of BTC, causing trader concerns over potential sell-offs. BTC dropped by 5% before slightly recovering, with the U.S. Marshals Service shifting $2 billion worth of BTC to two new wallets. Arkham estimated that at least one wallet was custodial. Bitcoin was trading around $66,550, down 4.3% in the past 24 hours, with the broader crypto market, as per the CoinDesk 20 Index, down 3.5%.

Spot ether ETFs saw negative net flows in their first week, with massive outflows from the Grayscale Ethereum Trust (ETHE) overshadowing interest in new products. While bitcoin funds debuted in January with $1 billion in net inflows, spot ETH ETFs experienced $340 million in net outflows, with $1.5 billion exiting the Grayscale Trust. Ether, however, outperformed the broader digital asset market, trading at $3,330, a 1.67% drop compared to the CD20's 3.5%.

Donald Trump’s crypto pledges may tie bitcoin’s near-term price to the November presidential election outcome, according to Jefferies. Trump’s promises, including maintaining a strategic bitcoin reserve and appointing crypto-friendly regulators, could influence BTC prices. Jefferies analysts noted Trump's plans for a crypto industry advisory council and making the U.S. the “crypto capital of the planet.

Sovereign is the official clothing brand of Future of Disruptive Tech. Sovereign’s goal is to bring awareness to the importance of:

  • Owning Multiple Passports

  • Purchasing Crypto Assets

  • Creating Online Income Streams and

  • Building a life where you’ll gain independence from corrupt institutions

I will also be starting a separate email list over the next month where I talk about second residency/passport attainment. All Sovereign shirt purchasers will gain lifetime access to this list.

P.S. For all of the women in tech on this list, we only have a menswear line at the moment. We are currently working with our manufacturer on our womens’ line and hope to have it ready by early next year! (we apologize for the delay - unlike digital products, creating a clothing line is a very lengthy process).

What Did You Think of Today's Email?

Login or Subscribe to participate in polls.

Want to share The Future of Disruptive Tech with a friend, family member, or coworker? Pass this link along to them.

Thanks for reading!

Until next time,

P.S. Want To Subscribe To My Personal Newsletter?

If you’re interested in learning more about disruptive tech, marketing, and everything else I’m exploring from day to day, then click here to subscribe to my personal list now.

Reply

or to participate.