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With the wake up and shake up talk hitting the radar every day about AI, it should make all of us wake up and shake up when the person who founded OpenAI, the foundation of ChatGPT, launches a currency. The currency is called Worldcoin, and uses eye biometrics to operate and recognise identities. According to their…

This week’s main blog discussions include … Who’s afraid of big bad AI? I am getting more and more blown away by AI these days. Not only is ChatGPT able to write my blogs, but relationships are now run by deep fake robots. In a recent experiment, the US medical council did a blind test…

OK – technically the BoE director of Fintech, Tom Hutton, said that cryptocurrency doesn’t “fulfil any of the functions of money” – but isn’t that the same thing? Maybe he had a hidden agenda? Who knows – but what we do know is that it seems to pay to take over failing banks as yet…

After my blog the other day, about the issue with decentralised finance having a lack of governance – who do you call if you lose your bitcoin? – several readers responded by asking: who do you call if you lose your cash? But this is the point. People are using cryptocurrencies as an investment asset….

I did a search of “Jamie Dimon” the other day, and was intrigued by the results. It reached everything from how cryptocurrencies are dangerous to Jeffrey Epstein, the late sex offender connected to everyone from Prince Andrew to Jes Staley, formerly with JP Morgan and CEO of Barclays. The search made me realise how much…

I am getting more and more blown away by AI these days. Not only is ChatGPT able to write my blogs, but relationships are now run by deep fake robots. In a recent experiment, the US medical council did a blind test of patient treatments, where patient questions were answered by human doctors but, also,…

I was asked for an interview the other day by Sonya at Machinelab Venture and decided to say yes. It gives you a good view of me. So,here we go … Can you tell me a little about your background?  I took a degree in Management Sciences and joined IBM way back when. After a while,…

After Brexit, I hear and read a lot of negative things about doing business with Britain these days. The latest is Revolut complaining that Britain doesn’t like them. That’s not true. It’s more to do with Revolut cannot deliver their accounts on time (they blame the regulator for this) and cannot get the banking licence…

This week’s main blog discussions include … The issue with DeFi I’ve had this thing about decentralised finance for some time. The reason? Libertarians say that we can now have money without government. From my side, I argue that’s wrong. You can’t have money without government. The question is: who is the government? You cannot…

This week we’ve seen three different headlines about 3 different banks, all with a familiar thread running through the stories. Are they all following the same playbook and will more of the same unfold as the year progresses? Links to the stuff we spoke about:- Boston Consulting Group (BCG) published a new report in collaboration with…