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The AI Horizon: Innovations, Elections, and Economic Insights

Welcome to PlugAI daily AI updates!

Today’s updates: 2024 has been a groundbreaking year for AI and tech. From Rabbit’s AI companion to Apple’s Vision Pro, innovation soared. Private equity made waves with billion-dollar acquisitions, while AI’s potential in elections sparked debate. The economic impact of AI is still a topic of contention, with new research revealing its mixed effects on productivity and job satisfaction.

Today New’s Contains of:

  • Rabbit R1 and Apple Vision Pro Shaped the Year

  • Billion-Dollar Private Equity Moves

  • The Year of AI Elections

  • Nobel Laureate’s Concerns About AI and Inequality

Reading time: 3 minutes

Rabbit R1 and Apple Vision Pro Shaped the Year

The Rabbit R1 AI companion debuted as CES 2024’s star, selling 100,000 units by March. Apple followed with the Vision Pro, its first new product category since 2015, offering a $3,499 mixed-reality experience to redefine entertainment and productivity.

Billion-Dollar Private Equity Moves

Private equity firms dominated the tech space in 2024. London-based Permira partnered with Blackstone to acquire Adevinta for $13 billion and later privatized Squarespace in a $7.2 billion deal.

The Year of AI Elections

AI entered politics with VIC, an AI-powered mayoral candidate in Wyoming. While deepfakes didn’t disrupt politics as expected, generative AI reshaped election strategies globally.

Nobel Laureate’s Concerns About AI and Inequality

Amidst rapid technological shifts, chief information officers turned to timeless reads on leadership and resilience. These classic books offered guidance and inspiration during a year marked by unprecedented challenges in tech and business.

Quick Recap:

Rabbit R1 & Apple Vision Pro Rabbit’s pocket AI companion and Apple’s Vision Pro reshaped tech innovation in 2024. Big Private Equity Deals Firms like Permira closed billion-dollar acquisitions, including Adevinta and Squarespace. AI in Elections AI made its political debut with a ChatGPT-based candidate, sparking global discussions. AI’s Impact on Work Economists debate whether AI will reduce inequality or worsen it, as research shows mixed results.

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