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Scenarios for the Transition to Artificial General Intelligence (AGI)

Scenarios for the Transition to Artificial General Intelligence (AGI)

A recent working paper by Anton Korinek and Donghyun Suh explores different scenarios for the transition to Artificial General Intelligence (AGI). The paper analyzes the impact of technological progress on output and wages, considering the possibility of full automation and its implications for the labor market. The authors discuss the race between automation and capital accumulation, the effects on wage dynamics, and the potential for broad-based gains in productivity. The research provides valuable insights into the economic consequences of AGI development.

Revolut Integrates Crypto Tax Service

Revolut Integrates Crypto Tax Service

Revolut has partnered with Koinly to provide users with an automated tax reporting service for cryptocurrency transactions. The integration allows users to generate tax reports to calculate gains and losses, by synchronizing their transaction history with Koinly.

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain payments company Facepay Inc. announced the release of Facepay Crypto, bringing cryptocurrency payments to auto stores.

AI DeFi Trading Bots in 2025: How Crypto x AI Is Changing Profit Strategies for Retail Traders

AI DeFi Trading Bots in 2025: How Crypto x AI Is Changing Profit Strategies for Retail Traders

In 2025, AI DeFi trading bots are critical for retail traders, automating strategies, enhancing speed, and improving emotional control in trading decisions.

Bybit Rolls Out Grid Bot for Automated, Seamless Futures Trading

Bybit Rolls Out Grid Bot for Automated, Seamless Futures Trading

Crypto exchange Bybit has launched a new trading bot for seamless and automated trading to tame price volatility and risk associated with futures trading.

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist Cars.

Utah Passes Law Recognizing Decentralized Autonomous Organizations

Utah Passes Law Recognizing Decentralized Autonomous Organizations

The Utah State Legislature has passed the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to DAOs, also known as "Utah LLDs". The act defines ownership, protects anonymity, and introduces quality assurance protocols.

Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

Tata Motors seeks to get blockchain-based solutions through a program deemed TACNet 2.0.

Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024

Mercedes-Benz and Volkswagen Unveil Cutting-Edge Voice Assistants at CES 2024

Mercedes-Benz and Volkswagen showcase advanced voice assistant technology at CES 2024, including Mercedes' 'Dialogue Partner' and Volkswagen's ChatGPT integration, enhancing user experience and safety in vehicles with AI-driven innovations.

Global Automotive Blockchain Market Value Expected to Hit $2.23b by 2027

Global Automotive Blockchain Market Value Expected to Hit $2.23b by 2027

The value of the global automotive blockchain market is expected to hit $2.23 billion by 2027, a study shows.

PGA Tour Partners With Autograph to Create Digital Collectibles Platform

PGA Tour Partners With Autograph to Create Digital Collectibles Platform

PGA Tour has partnered with Autograph, an NFT platform co-founded by the legendary quarterback Tom Brady to create a new digital collectables platform, focusing on the Golf World.

Five Ways Blockchain Technology is Transforming the Automotive Industry

Five Ways Blockchain Technology is Transforming the Automotive Industry

Blockchain, as a secure and unique sort of encryption, has the potential to be one among the critical technologies that make it possible for the automotive industry to breakthrough into the new era of smart vehicles.

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