What Happened
This week saw significant developments in the tech and business worlds. Kalshi, a U.S.-based firm, received approval from the CFTC to offer perpetual futures contracts on Bitcoin, a novel derivative that has gained popularity among traders. Meanwhile, AMD CEO Lisa Su emphasized the importance of human skills in the face of AI, telling graduates that the world needs people who know what to use powerful tools for, not just how to use them.
The Future of Leadership
The 29th annual Fortune Most Powerful Women in Business list highlighted the achievements of Black women in leadership positions, including Thasunda Brown Duckett, president and CEO of TIAA, and Mellody Hobson, chair of the Starbucks Corporation. These women are shaping business leadership and overseeing businesses that manage trillions in assets and run complex global manufacturing systems.
AI-Assisted Journalism
The increasing use of AI in journalism has raised questions about transparency and disclosure. Fast Company's Plugged In column emphasized the need for journalists to disclose their use of AI tools, citing instances of AI-fueled gaffes in the industry.
The Data Center Debate
Ohio has suspended a tax break for data centers, citing concerns over the cost and impact of these facilities on local communities. The move comes as the industry faces pressure to pay the full costs of its computing warehouses needed to power AI. Residents are also pushing for a referendum to ban hyperscale data centers in the state.
Key Numbers
- ****$1.5 billion:** The cost of Ohio's tax break for data centers, 11 times the initial estimate.
- **100: The number of female executives on Fortune's Most Powerful Women in Business list.
- **29: The number of years Fortune has been publishing its Most Powerful Women in Business list.
What Experts Say
"The world does not just need people who know how to use powerful tools, it needs people who know what to use them for, people with a sense of purpose, judgment, courage." — **Lisa Su**, AMD CEO
Key Facts
- What: Received approval to offer perpetual futures contracts on Bitcoin
- When: This week
What Comes Next
As AI continues to shape the business and tech worlds, the importance of human skills and transparency will only grow. Keep an eye on developments in AI-assisted journalism, the future of data centers, and the role of women in leadership positions.
What Happened
This week saw significant developments in the tech and business worlds. Kalshi, a U.S.-based firm, received approval from the CFTC to offer perpetual futures contracts on Bitcoin, a novel derivative that has gained popularity among traders. Meanwhile, AMD CEO Lisa Su emphasized the importance of human skills in the face of AI, telling graduates that the world needs people who know what to use powerful tools for, not just how to use them.
The Future of Leadership
The 29th annual Fortune Most Powerful Women in Business list highlighted the achievements of Black women in leadership positions, including Thasunda Brown Duckett, president and CEO of TIAA, and Mellody Hobson, chair of the Starbucks Corporation. These women are shaping business leadership and overseeing businesses that manage trillions in assets and run complex global manufacturing systems.
AI-Assisted Journalism
The increasing use of AI in journalism has raised questions about transparency and disclosure. Fast Company's Plugged In column emphasized the need for journalists to disclose their use of AI tools, citing instances of AI-fueled gaffes in the industry.
The Data Center Debate
Ohio has suspended a tax break for data centers, citing concerns over the cost and impact of these facilities on local communities. The move comes as the industry faces pressure to pay the full costs of its computing warehouses needed to power AI. Residents are also pushing for a referendum to ban hyperscale data centers in the state.
Key Numbers
- ****$1.5 billion:** The cost of Ohio's tax break for data centers, 11 times the initial estimate.
- **100: The number of female executives on Fortune's Most Powerful Women in Business list.
- **29: The number of years Fortune has been publishing its Most Powerful Women in Business list.
What Experts Say
"The world does not just need people who know how to use powerful tools, it needs people who know what to use them for, people with a sense of purpose, judgment, courage." — **Lisa Su**, AMD CEO
Key Facts
- What: Received approval to offer perpetual futures contracts on Bitcoin
- When: This week
What Comes Next
As AI continues to shape the business and tech worlds, the importance of human skills and transparency will only grow. Keep an eye on developments in AI-assisted journalism, the future of data centers, and the role of women in leadership positions.