**SPEAKER_1** (0:00)
This episode is brought to you by Rise Robotics. Rise Robotics is one company you're gonna want to keep an eye on, and not just because they're making cool new technology, but because they're giving anyone and everyone a chance to invest in their company. And yeah, that includes you listening to this podcast right now. Know a little thing called hydraulics? You know, the thing keeping heavy machines functioning? Well, Rise Robotics has made an electric alternative, belt hydraulics. It'll replace current hydraulic systems, which often break and leak, with one that runs cleaner, faster and with less maintenance. Here's some things you might also find interesting about them. This is patented technology well out of the idea phase. I'm talking 20 plus patents and deals with the Pentagon over here. Oh, and Rise Robotics has already acquired over $9.3 million in revenue. Most importantly, Rise Robotics is giving anyone interested the opportunity to invest and become a part owner right now. If that's something you might be into, check them out at invest.riserobotics.com. You can read about the technology, see what they've built, and decide if becoming a part owner of this company makes sense for you. Again, that's invest.riserobotics.com.
**SPEAKER_2** (1:10)
Superhuman has acquired AI Authenticity Service GPTZero.
Meta reportedly is dipping its pathetic toes into the prediction market space.
And sorry, Slackbot, Claude is taking your job. It's Wednesday, June 24th, and here's a quick look at some of the news happening in and around tech this morning from Engadget.
Superhuman announced that it has acquired GPTZero. Now, this AI identification business offers services such as hallucination and plagiarism detection, as well as a nifty little tool that displays how much of the internet is artificial intelligence. Superhuman said it plans to integrate GPTZero into its Superhuman Go AI Assistant to improve the reach of its existing efforts around AI and authenticity. Teachers and students will still be the priority audience for Superhuman following the acquisition. For its part, GPTZero emphasized that Superhuman would also help put its tools in places where people were already reading and writing. Financial terms of the deal were not disclosed. On the surface, this seems like an odd pairing. The press release announcing the acquisition focuses on concerns about the public being able to identify AI-generated content, but Superhuman is quite literally encouraging people to use AI to generate content. The company's most popular product is the AI writing assistant Grammarly, which does have its own tools for AI detection. However, the push to put AI resources everywhere in Grammarly has also landed Superhuman in some hot water. Notably, the company tried to give its users AI-generated feedback that aped the voice and style of other writers. Said other writers were none too pleased.
Mark Zuckerberg has directed Meta to create a prediction markets app. That's according to a report by the New York Times. The experimental app reportedly goes by the name Arena, and could eventually compete with platforms like Polymarket and Kalshi. Where trends go, Meta follows.
Company insiders have stated that this is a top priority for Zuckerberg and Meta. These same insiders say that Meta plans to grow the app by leveraging its gigantic user base on platforms like Facebook and Instagram. Both Polymarket and Kalshi are over five years old, with a near complete dominance of the industry. So Meta would have a lot of catching up to do. The New York Times has also reported that the Arena app will likely rely on a video game like Points system instead of money. If that's the case, I'm not sure who this is for. Would people win stuff like stickers or badges? People use these platforms because they think they can win a lot of money betting on things like the temperature in Paris, or doing insider trading. Badges won't do the trick. Which is why those same company insiders say that Meta has not ruled out the eventual use of real money.
Meta has experimented with its own version of prediction markets in the past. There was the Prediction Market App Forecast, which opened up shop in 2020 and shuttered in 2022 This let people make guesses about world events and did use a Points system instead of real money. It very much never caught on. This is also not the first time Meta and Zuckerberg have paid homage to something that was making waves somewhere else on the Internet. Instagram stories followed the success of Snapchat and Facebook Reels came after TikTok. Facebook Dating came well after the success of Tinder and other dating apps. Threads came long after Twitter. You get the gist. Of course, Arena could be stuck in the experimental phase forever and might never see the light of day. We'll just have to wait and see. Given Meta's track record, they'll release the app just before prediction markets get banned or severely regulated.
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