The Daily Upside

3 days ago | thedailyupside.com | Ray Fernández

With AI driving up data center costs and energy usage, tech firms are increasingly interested in alternatives, including one that mimics the human brain: Neuromorphic computing. Neuromorphic computing processes data in the same location in which it’s stored, allowing for real-time decision making and vastly reducing energy consumption in operations.

1 week ago | thedailyupside.com | Brian Boyle

There’s no place like home for the Big Four accounting firms. After deeming the markets either too small, risky, or unprofitable, PricewaterhouseCoopers last month severed ties with member firms in more than a dozen sub-Saharan African nations, according to a Financial Times report. It’s just the latest sign of the Big Four accounting firms’ growing skepticism toward maintaining a global presence.

1 week ago | thedailyupside.com | Brian Boyle

As ever, the ad industry is serving as the canary in the macroeconomic coal mine. While still chirping for now, industry executives told The New York Times on Wednesday that they’re expecting pressures from the trade war to spark a pullback in ad spending by sometime this summer. The warnings come as the industry adapts to seismic shifts in technology — which means it may just have some new tricks up its sleeve. Last year, the media and ad industry found plenty of reason for optimism.

1 week ago | thedailyupside.com | Brian Boyle

Winning the streaming wars is not enough. Now, Netflix wants to be in the big leagues with names like Apple, Amazon, and Nvidia. With Hollywood conquered, Netflix has a new goal: reaching a $1 trillion market cap by 2030, according to a Wall Street Journal report. In other words: It wants to leave its streaming war co-combatants in the dust.

1 week ago | thedailyupside.com | Griffin Kelly

It might be better to just call it, “The Wealth Transfer.”While Americans are set to inherit a lot of money over the next two-plus decades, the impact of the Great Wealth Transfer might not be as monumental as originally expected. At the end of last year, Cerulli forecast $124 trillion would be passed down to heirs and charities through 2048. While some in the wealth industry agree with that figure, others believe it’s way off. How off? Try about $107 trillion.