Tech Turbulence: Bitcoin vs. NFTs, Layoffs and IPOs

In this episode, delve into the latest news in the crypto space – including the rise of Bitcoin, its impact on NFTs, and the war for creator compensation.

Then, explore the recent layoffs and project cancellations at major tech and gaming companies – highlighting the changing landscape of these industries. Understand what the cancellation of the Apple Car represents in the larger scheme of things.

Finally, learn about Reddit's upcoming IPO and how it is finally starting to utilize its powerful user groups in a new deal with Google – which sets an important precedent regarding AI and training data.

Plus, get an invite to a couple of the hottest GDC happy hours!

TAKEAWAYS

• Bitcoin's recent surge in price and the approval of Bitcoin ETFs have brought new money into the crypto space.
• The war for the future of NFTs is ongoing, with new marketplaces emerging and the enforcement of creator royalties becoming a key issue.
• Major tech and gaming companies like EA and Sony (and Google?) are undergoing layoffs and project cancellations, signaling a changing industry landscape.
• Apple's cancellation of its autonomous vehicle program highlights the challenges and risks of developing new technologies.
• Reddit's upcoming IPO and data licensing deal with Google demonstrate the platform's potential for growth and monetization.
• Reddit's data licensing deal with Google sets a new precedent regarding payment for AI training data sets.

CHAPTERS

• 00:00 – GDC happy hours and show opening
• 01:07 – Bitcoin up as NFTs fight to survive
• 12:25 – Tech doom & gloom (+signs of hope?)
• 20:32 – Reddit: IPO & Google AI Training Deal
• 26:51 – Recap and sponsor message

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