Category: Tech
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The Economist: How much would you pay for a smarter baby?
A wave of Silicon Valley startups, including Nucleus, Orchid and Herasight, are selling embryo screening that goes well beyond checking for disease. For up to $50,000, parents undergoing IVF can now see predicted scores for height, intelligence and eye colour alongside genetic risk. Backers such as Peter Thiel have poured money into the sector, and…
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Nvidia enlists Wall Street titans to bankroll $500 billion AI buildout
Nvidia has partnered with six of Wall Street’s largest investment firms, including Apollo, Blackstone, BlackRock and Goldman Sachs, to source $500 billion in financing for artificial intelligence infrastructure. The financing will primarily take the form of debt, using compute power as collateral, and is aimed at helping Nvidia’s biggest customers access chips and build data…
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The Economist: How to actually spot AI-written text
A new Economist study of nearly 56,000 sentences and 1.2 million words tested ChatGPT, Claude, Gemini and Grok against the publication’s own writing to find genuine markers of AI-generated text. Old assumptions don’t hold: the bots no longer overuse “delve,” and only Claude now uses more em dashes than humans. Instead, AI models favour long,…
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AI is getting better at writing. Humans must get better at editing
Writing has always been a struggle – even for the greatest authors. But now artificial intelligence promises to remove the pain, producing words at a speed no human can match. As machines become increasingly skilled at mimicking our voices, a new question emerges: what happens to creativity, originality, and the craft of writing? Explore the…
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Amazon’s AI gamble pays off as cloud growth sends shares soaring
Amazon’s massive AI bet is starting to deliver results, sending shares soaring and reshaping expectations around the future of cloud computing. After months of investor questions over whether billions in spending would pay off, the tech giant has revealed new momentum that could change the conversation. With demand for artificial intelligence accelerating and its cloud…
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When history rhymes: AI’s dangerous parallel with 2008 – John Authers
History may not repeat, but it often rhymes – and today’s AI boom is echoing a far more troubling chapter than the dot-com crash. As investors pour billions into artificial intelligence, growing debt, soaring infrastructure costs, and mounting pressure on cash flow are raising fears of a 2008-style credit bubble. This thought-provoking analysis explores why…
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The Economist: How AI has helped turn the US into an entrepreneur’s paradise
US business applications have nearly doubled since 2019, and this piece credits AI with much of the surge, letting solo founders build websites, handle admin and launch ventures once out of reach for anyone without capital or a team. Full-time self-employment has hit a century high, though the share of “high-propensity” startups likely to hire…
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Amazon Leo will beat Starlink within a year, says Herotel CEO
Herotel CEO Van Zyl Botha is betting big on Amazon Leo, the satellite broadband service launching in South Africa via Herotel from 2027. His claim that Amazon will match or beat Starlink’s speeds within a year is bold given Amazon has fewer than 400 satellites in orbit against Starlink’s 10,800, and its rocket partners are…
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The Economist: OpenAI’s Hugging Face hack – why the AI containment problem just got a lot scarier
An unreleased OpenAI model did something no AI system was meant to do: it broke out of its sandbox, found its way onto the open internet and hacked Hugging Face, a $4.5 billion AI platform. No human attacker was involved. The model was hunting for shortcuts to a cybersecurity test it had been set, exploited…
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China’s new AI superstar: Moonshot’s Kimi K3 stuns the tech world
Moonshot’s Kimi K3 has become the breakout star of China’s AI sector, drawing comparisons to DeepSeek and challenging assumptions about America’s lead in advanced artificial intelligence. For South Africa, the development highlights how quickly global AI competition is shifting and why policymakers, universities and businesses cannot rely solely on US technology ecosystems. Chinese open-source models…
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Vanguard’s Davis on BizNews: Who gains in an AI-charged economy?
Vanguard’s global chief economist Joseph H. Davis argues AI will deliver a bigger economic shift than markets expect, but that the winners won’t be the hyperscalers and chipmakers currently commanding valuations. Davis draws on history (electricity, the automobile, the internet) to argue value accrues to users, not builders, of transformative technology. For South African investors…
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Dr Brand: The real AI failure? It’s not the technology — It’s the thinking
Brand guru Dr Thomas Oosthuizen, known as SA’s “Doctor Brand”, argues here that the biggest mistake companies make with AI isn’t technical; it’s sequencing. Sparked by the backlash to Standard Chartered CEO Bill Winters’ comments about cutting 7,000-8,000 jobs, Oosthuizen notes that AI often serves as convenient cover for layoffs already planned, echoing warnings from…
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The Economist: Africa embraces Starlink (while SA politicians force poor second choice)
The Economist reports Starlink is transforming connectivity across Africa — from Nigerian hill towns to Zimbabwe and Kenya — offering speeds and coverage that legacy mobile and fibre networks can’t match, with a million African subscribers expected by early next year. South Africa is conspicuously absent from that success story. As Ivo Vegter details, Deputy…
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The AI backlash is only getting started — and the stakes couldn’t be higher
Artificial intelligence faces a growing popular revolt in the West, with US protests blocking nearly $100bn in data centre projects and around 40% of American voters telling pollsters they want AI banned from most industries. In its cover story this week, The Economist argues the backlash is dangerous: AI carries transformative potential comparable to electricity…
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AI labs eye the consultants they despise – and SA’s professional services sector should take note
The Economist’s Schumpeter column cuts to the heart of AI’s existential commercial challenge: model-makers like OpenAI and Anthropic aren’t yet generating returns that justify their valuations, so they’re pivoting into consultancy — the very white-collar world their founders publicly disdain. Accenture, which has 30,000 staff training on Anthropic’s Claude, has lost half its market value…
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Ivo Vegter: Musk’s trillionaire status a fantasy – SpaceX’s physics problem blows up the valuation
Ivo Vegter delivers a forensic dismantling of SpaceX’s post-IPO valuation, currently above $2 trillion despite the company losing $1.9 billion on $4.7 billion in revenue in Q1 2026 alone. The core promise — orbital AI data centres — collapses on first-principles physics: cooling a single gigawatt facility in space would require 14,000 ISS-scale radiator systems.…
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AI won’t fire your banker — but it will shrink his bonus
Generative AI is already reshaping white-collar work, but the deeper disruption in finance may not be the job losses everyone fears — it may be the bonus erosion nobody sees coming. Academic research shows AI’s productivity gains flow disproportionately to less experienced workers, compressing the performance gap between stars and journeymen. Banks including Goldman Sachs…
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Why the man who built India’s most exclusive fintech is now running WhatsApp
Meta is paying $900m for a 20% stake in Bengaluru-based Cred — the credit-card rewards platform built for India’s top-scoring borrowers — and installing its founder Kunal Shah as global head of WhatsApp. The SA angle isn’t immediately obvious, but read it this way: the super-app race is the defining fintech story of the next…
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Fable 5 switched off, DeepSeek switched on: The AI access crisis every South African CFO needs to understand now
A seismic shift in the global AI race has direct implications for South African businesses. On June 12th, the Trump administration banned non-Americans from using Anthropic’s frontier model Fable 5 — then Anthropic switched off access entirely. The same week, Beijing-based Zhipu released GLM 5.2, ranked the world’s most capable open-source model, at under a…
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Black X dumps 2GB of ANC membership data online — Ramaphosa, Mashatile and Mantashe among 2.3 million records exposed
Hacker group Black X has published nearly 2GB of alleged ANC membership data on the deep web — including the personal details of President Ramaphosa, Deputy President Mashatile, Gwede Mantashe and other senior officials. Some 2.3 million records reportedly contain full names, ID numbers, phone numbers, and physical and email addresses. The breach allegedly dates…