Google’s AI Flexes Muscles While PayPal Takes a Hit: A Week in Tech

John D. Kiambuthi
2 min readMay 15, 2023

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Photo by Luca Bravo on Unsplash

Google is pushing the limits of artificial intelligence (AI) with a new research project that can automatically generate computer code. The AI system, called “Codex,” can understand natural language and generate code based on human instructions. While still in its early stages, Codex could revolutionize the software development industry by automating many tasks that are currently done manually.

Meanwhile, PayPal suffered a blow this week when it was revealed that the company had accidentally credited a user with $92 quadrillion. The mistake, which was quickly rectified, highlights the potential dangers of relying on technology for financial transactions.

In other tech news, Facebook is facing criticism over its handling of misinformation on the platform. The company recently admitted that it had failed to remove a post that falsely claimed that COVID-19 vaccines could cause infertility. The post was eventually removed, but not before it had been shared thousands of times.

On the brighter side of things, Tesla has announced that it is close to perfecting its self-driving technology. CEO Elon Musk tweeted that the company is “making excellent progress” and hopes to have a fully self-driving car by the end of the year. If successful, the technology could transform the automotive industry and make driving safer for everyone.

Finally, Twitter has launched a new feature that allows users to tip their favorite creators with Bitcoin. The move is part of Twitter’s push into the world of cryptocurrencies and could help to make Bitcoin more mainstream.

Overall, it has been a week of highs and lows in the world of tech. From groundbreaking AI research to social media missteps, there’s never a dull moment in this fast-paced industry.

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John D. Kiambuthi
John D. Kiambuthi

Written by John D. Kiambuthi

Corporate Finance & Securities Analyst stuck between a bull and a bear. Finding balance between risk & reward in a chaotic market. Humorous approach to finance.

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