Andrew Fenton

Melbourne, United Kingdom

Editor at Cointelegraph

In it for the Entertainment. Cointelegraph Magazine Independent Reserve Market Update AI Eye

Articles

Ignore the jobs doomers, AI will probably get you a fat raise says PWC: AI Eye

3 weeks ago | cointelegraph.com | Andrew Fenton

Any student of predictions will tell you they are almost always wrong, especially the ones about the future.Most predictions about AI will be too. Thanks to our prehistoric brains, humanity has a demonstrated capacity to ignore the 99 out of 100 predictions that are wrong and to focus instead on that one guy out of 100 who accidentally got it right. Everybody remembers how Michael Burry successfully predicted the Global Financial Crisis and profited from it, as shown in the movie The Big Short.
Baby boomers worth $79T are finally getting on board with Bitcoin

3 weeks ago | cointelegraph.com | Andrew Fenton

Baby boomers are the fastest-growing demographic in crypto, with their numbers doubling in the space of a year, according to a survey by Australian exchange CoinSpot. The total percentage of crypto investors over 60 remains relatively low — around 4.4% — but with their large retirement nest eggs and a lifetime’s worth of savings, boomers have an outsized impact on markets.
Move to Portugal to become a crypto digital nomad - Everybody else is

1 month ago | cointelegraph.com | Andrew Fenton

New York-based pre-seed crypto venture firm manager Catrina Wang missed her flight home from a conference in Portugal back in 2022 — and ended up loving the country so much she has since moved there permanently. Forced to find a hotel at the last minute, her stay in the beautiful forested area of Sintra made the Canadian-born Wang rethink living in the United States.
AI cures blindness, 'good' propaganda bots, OpenAI doomsday bunker: AI Eye

1 month ago | cointelegraph.com | Andrew Fenton

Doomsday bunker for OpenAI’s top scientistsIn the last AI Eye, we reported that scientists from the four leading AI companies believe there’s at least a 10% chance of AI killing around 50% of humanity in the next decade — one scientist was buying farmland in the US Midwest so he could ride out the AI apocalypse. Ilya is heading down the bunker on AGI release day. (TheAlexK)This week, it emerged that another doomsday prepper is OpenAI co-founder Ilya Sutskever.
TradFi is building Ethereum L2s to tokenize trillions in RWAs: Inside story

1 month ago | cointelegraph.com | Andrew Fenton

Shortly before Ethereum’s shock 50% price surge earlier this month, when bearishness about its roadmap was reaching its zenith, Real Vision founder Raoul Pal was asked on a podcast if he thought Ethereum was cooked. The former Goldman Sachs executive said he’d heard that narrative a lot, but it was wrong — not least because TradFi considers Ethereum to be the “Microsoft” of blockchain. “It clearly works very well for what the financial markets need,” he said.
ChatGPT a ‘schizophrenia-seeking missile,’ AI scientists prep for 50% deaths: AI Eye

1 month ago | cointelegraph.com | Andrew Fenton

AI endorses and affirms your delusionsIn the last edition of AI Eye, we reported that ChatGPT had become noticeably more sycophantic recently, and people were having fun giving it terrible business ideas — shoes with zippers, soggy cereal cafe — which it would uniformly say was amazing. The dark side of this behavior, however, is that combining a sycophantic AI with mentally ill users can result in the LLM uncritically endorsing and magnifying psychotic delusions.
Industry calls for urgent crypto law reforms after Australian election

1 month ago | cryptostudent.io | Andrew Fenton

The Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn’t fall further behind global markets. The incumbent Australian Labor Party was returned in a landslide on May 3, picking up 54.9% of the two-party-preferred vote, against the Liberal and National Parties on 45.1%.
Industry calls for urgent crypto law reforms after Australian election

1 month ago | cointelegraph.com | Andrew Fenton

Andrew Fenton 2 minutes ago The crypto industry has called on Australia’s reelected government to make good on its promises and prioritize crypto legislation early in its new term. 9 Total views Listen to article 0:00 Analysis COINTELEGRAPH IN YOUR SOCIAL FEEDThe Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn’t fall further behind global markets.
Australian election will bring pro-crypto laws either way

1 month ago | cointelegraph.com | Andrew Fenton

Andrew Fenton 2 minutes ago No matter who wins Saturday's election in Australia, crypto legislation developed with the industry is set to finally happen this year. 9 Total views Listen to article 0:00 Analysis COINTELEGRAPH IN YOUR SOCIAL FEEDDespite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a mention during the campaign.
Crypto AI tokens surge 34%, why ChatGPT is such a kiss-ass: AI Eye

2 months ago | cointelegraph.com | Andrew Fenton

Crypto AI rises againThe crypto AI sector is showing signs of life, with the combined market cap increasing by more than one-third in the past two weeks. The sector soared to a combined market cap of $70.42 billion back in mid-January and just as quickly plummeted back to earth, bottoming out at $21.46 billion on April 9, according to CoinMarketCap. It’s now back at $28.8 billion, with much of the growth in the past week.