As with the printing press and the dotcom boom, initial frenzy and speculation obscures the lasting legacy of new technologies“Innovation,” wrote the economist William Janeway in his seminal book Doing Capitalism in the Innovation Economy, “begins with discovery and culminates in speculation.” That just about sums up 2023. The discovery was AI (as represented by ChatGPT), and the speculative bubble is what we have now, in which huge public corporations launch products that are known to “hallucinate” (yes, that’s now a technical term relating to large language models), and spend money like it’s going out of fashion on the kit needed to make even bigger ones. As I write, I see a report that next year Microsoft plans to buy 150,000 Nvidia chips – at $30,000 (£24,000) a pop. It’s a kind of madness. But when looked at it through the Janeway lens, ’twas ever thus.“The innovations that have repeatedly transformed the architecture of the market economy,” he writes, “from canals to the internet, have required massive investments to construct networks whose value in use could not be imagined at the outset of deployment.” Or, to put it more crudely, what we retrospectively regard as examples of technological progress have mostly come about through outbreaks of irrational exuberance that involved colossal waste, bankrupted investors and caused social turmoil. Bubbles, in other words. In recent times, think of the dotcom boom of the late 1990s. Or in earlier times, of the US railway... Continue reading at 'The Guardian'
[ The Guardian | 2023-12-30 16:00:37 UTC ]
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Founder John Blake and m.d. Rosie Virgo are stepping down from their roles at John Blake Publishing. Continue reading at The Bookseller
[ The Bookseller | 2018-05-01 00:00:00 UTC ]
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Snooker player John Virgo of BBC "Big Break" fame is publishing his memoir with John Blake Publishing. Continue reading at The Bookseller
[ The Bookseller | 2017-04-19 00:00:00 UTC ]
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John Smith & Sons Group has done a new deal with York St John University for its Aspire Bursary Management scheme. Continue reading at The Bookseller
[ The Bookseller | 2017-02-28 00:00:00 UTC ]
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Revenue for U.K. publishing in 2023 was £7.1 billion, about $8.9 billion at current exchange rates, the U.K.'s Publishers Association reported. Growth areas included exports, sales, and digital audiobooks, which saw double digit growth. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-08 04:00:00 UTC ]
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'This report is a call to action for government' on the UK market's AI policy, says the Publishers Association's Dan Conway in London. The post Publishers Association Blasts the UK Government’s Response to AI Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-05-08 00:00:35 UTC ]
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Deal part of Google News Initiative to fund various journalism projects and content from news organizations. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2024-05-01 13:36:48 UTC ]
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The Financial Times has become the latest news organization to strike a deal with OpenAI. In a joint announcement on Monday, the Financial Times and OpenAI said that maker of ChatGPT will use the Financial Times’ journalism to train its AI models and collaborate on developing new AI products and... Continue reading at Engadget
[ Engadget | 2024-04-29 17:32:56 UTC ]
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The use of ElevenLabs' 'Projects' text-to-speech technology, HarperCollins says, can bolster its work in non-English-language audiobooks. The post HarperCollins Partners With ElevenLabs AI on Non-English Audiobooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-04-19 00:15:08 UTC ]
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By Dr Oliver Tearle (Loughborough University) The short stories of John Cheever (1912-82) are among the greatest American short stories of the twentieth century. His Collected Stories runs to 900 pages and contains tales which are by turns realist, borderline magic-realist, and downright... Continue reading at Interesting Literature
[ Interesting Literature | 2024-04-17 14:00:45 UTC ]
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Sales fell at 69% of responding retailers in 2023 compared with 2022, with sales of new comics periodicals down at 73% of responding comic shops and graphic novel sales down at 65%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-17 04:00:00 UTC ]
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The Circana BookScan analysis of the US print market in March shows that Q1 2024 was 15 percent ahead of where it was in 2019. The post Circana BookScan on March 2024: US Print Books 2 Percent Under 2023 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-04-16 20:56:31 UTC ]
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The measure would require AI companies to disclose all copyrighted works used in training an AI system. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-15 04:00:00 UTC ]
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Audio shared with the New York Times appears to record executives discussing purchase of the US books giant to feed into its large language modelsStaff at technology company Meta discussed buying publishing house Simon & Schuster last year in order to procure books to train the company’s... Continue reading at The Guardian
[ The Guardian | 2024-04-09 15:36:14 UTC ]
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Maia Kobabe’s 'Gender Queer' topped the list of last year's most challenged books, which is again dominated by stories by and about LGBTQ+ persons and people of color, voices that ALA officials said “censors want to silence.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-09 04:00:00 UTC ]
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Sales of religious books at companies that report results to the Association of American Publishers’ StatShot program rose 7.8% last year over 2022, hitting $819.7 million. It was the largest increase among all publishing categories. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-02 04:00:00 UTC ]
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'One hour of listening to an audiobook on Storytel emits 2.3 grams of CO2e,' the Swedish subscription streamer today reports. The post Storytel’s 2023 Report: The Sound of Sustainability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-28 21:37:15 UTC ]
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