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From Elon Musk to Bitcoin: 5 turning points in the past year in the tech world - voila! technology

2023-01-16T08:45:39.576Z


The giants of technology and crypto are crashing, artificial intelligence is becoming a useful tool - and Elon Musk doesn't stop trolling everyone. These are the five turning points of the past year in the tech world


Elon Musk (Photo: GettyImages, Win McNamee)

There is no doubt that 2022 is the year in which the AI ​​models made their first foothold as a visible, public and useful capability for every person in the world (with a proper Internet connection).

It started with the opening of Dall-E without waiting lists, for anyone who wants to produce an image in any style (with which Midjourney and Stable Diffusion also came), continued with the launch of Co-Pilot which revolutionized the world of software development (and there are endless arguments and discussions copyright laws) and led to the big boom - ChatGPT.



Besides his wonderful abilities to produce texts, write code and even just give advice - he is a real threat to the monopoly of the internet age - the popular search engine Google - whose people are also working on a variety of projects in the field.

The question of the questions is: Will people in the creative fields have to find a new job or at least learn new skills?



The big wave of layoffs is coming to Big Tech



Until the last weeks of the year, the big technology companies continued to announce more and more layoffs on a large scale, including among the development teams.

Projects were closed, features were disabled and many plans for the future of the platforms were left in the dark.

It started with startups but has reached the big companies: Amazon announced this year the layoffs of about 10,000 employees, Google plans to lay off about 6% of its workforce by 2023 and Meta also announced its intention to lay off about 11,000 employees, which is no less than 13% of its workforce her person


The main cause of this wave is the fear of a severe recession in the United States, which will severely damage advertising budgets (the main share of revenues).

Many other companies are preparing for downsizing and efficiency, in relation to the "cheap money" period (which resulted from a combination of low interest rates and money printing at high rates).

During this period, many employees were recruited and far-reaching benefits packages were distributed.



Elon Musk bought a new toy



Honestly: Musk's decision to buy or not to buy Twitter seemed more like a game of "an den dino" or a coin toss - and certainly not an informed business decision.

For months, Musk drove the world crazy and grabbed headlines.

"Is he even interested in buying Twitter?", many wondered following his strange statements over the last few months.



Even after he had already announced the purchase, and the conditions for the deal were officially closed, the scattered billionaire still went through a long phase of "deliberations", until he finally relented, because he realized that backing out of the agreement would cost him dearly.

Then Musk got on Twitter and as usual, started making a mess.

Some called it a "management revolution" in an attempt to streamline the failing social network, and some thought that the guy was out of his mind when he decided to fire thousands of employees in an amusing email (to his taste), then beg some of them to come back to work and put the systems in order again.

Is it worth betting against the special genius,

Or will he succeed in turning the new purchase into a prosperous business this time?



The crypto bubble bursts due to a scam



In a few decades, Sam Bankman-Fried will be able to tell his grandchildren how he managed to outwork everyone.

It takes more than a few lines to tell about the huge scam that the crypto wizard is accused of organizing, which led to the collapse of the great FTX exchange a few months ago, along with the collapse of other cryptocurrencies that were affected by it.


In an interview that Bankman-Fried gave after the collapse, he was asked why he scattered promises and presented himself as a modest philanthropist and his idea as a utopian on the verge of philanthropy.

He did not hesitate for a moment, and in his most brazen manner said that all these statements were "lies for marketing purposes only".

This collapse and the fraud behind it severely damage the credibility of cryptocurrencies and the related industry.

For reference: the price of Bitcoin, which fluctuated as well, has fallen by about 65% since the beginning of the year.

Will he rise again?



Uniform charges for everyone!



How many times has it happened to you that you arrived at the office, asked for a charger and were told "sorry, I only have one for the iPhone"?

In the offices of the European Union authorities, this probably happens once a day (and they also want to reduce electronic waste), so they decided that starting in 2024, a USB Type C connection will become a mandatory standard for various electronic devices such as smartphones, tablets, headphones, and more.



This initiative is of course a difficult blow to the Apple company, which for the first time will have to align with the global electronics industry, and will most likely change the socket in iPhones that will be marketed all over the world.



Is there another event you think we missed?

Write to us in the comments on the portal!



Shai Nachman is Tech tribe lead of Bank Hapoalim's technological banking interaction platform



from CodeReview - the magazine of Bank Hapoalim's technology division

Shai Nachman, in collaboration with "The Technology", the technology division of Bank Hapoalim

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Source: walla

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