from the scaling-but-for-hallucinations dept It’s not that AI can’t be useful or helpful in certain contexts. And this is certainly not to say AI can’t take over repetitive tasks to allow people to focus on things that need more of human touch. The problem with AI isn’t necessarily AI itself. It’s that far too many tech companies are pitching AI as a one-size-fits-all solution to pretty much everything. And far too many entities are taking tech companies at their word, with disastrous results. Axon (formerly Taser) has cornered the body cam market and is now trying to sweep up everything…

Bitcoin (BTC) shook off volatility on Thursday as US stocks rebounded on the back of inflation-data relief.Key points:Bitcoin avoids a snap reaction to US personal consumption expenditures (PCE) inflation data, which reverses a local uptrend.Analysis remains wary of inflationary tendencies despite PCE conforming to expectations.Bitwise predicts that going forward, Bitcoin will become less sensitive to Fed interest-rate changes.PCE ends uptrend while staying above Fed inflation targetData from TradingView showed BTC price action focusing on $64,500, broadly unchanged from the day prior. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThe major risk-asset headwind from earlier in the week in the form of a mass sell-off…

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