The collapse of Silicon Valley Bank, the conviction of Sam Bankman-Fried, the reassertion of union power and the turmoil at OpenAI were just some of the big business stories in a year that was full of them.
DealBook has chosen photographs of some of the biggest newsmakers, stories and trends from 2023.
Image
The world races to regulate A.I.
Artificial intelligence had a good year. Investment poured into A.I. start-ups; big tech firms deployed their scale and cloud computing operations to build ties with the field’s new leaders; and Nvidia became the first chipmaker to hit a market capitalization of $1 trillion thanks to demand for its A.I. semiconductors.
The investor enthusiasm was matched by worry among lawmakers, who often struggled to keep pace with the companies developing the technology. But the first steps toward developing regulations for A.I. have been taken. President Biden issued an executive order in October focused on the technology’s implications for national security; China imposed restrictions on certain types of A.I.; and E.U. lawmakers passed one of the world’s first regimes to regulate the technology.
But amid the disparate efforts, there was also an attempt to achieve some measure of international collaboration. Last month, more than two dozen countries, including the rivals U.S. and China, tech executives and researchers attended Britain’s A.I. Safety Summit. The event didn’t end with an agreement for a new set of rules, but the governments warned of the dangers posed by the most advanced A.I. systems and agreed to keep talking.
Image
Thank you for your patience while we verify access. If you are in Reader mode please exit andlog intoyour Times account, orsubscribefor all of The Times.
Thank you for your patience while we verify access.
Regional bank failures and the conviction of Sam Bankman-Fried were among the big news events this year. The collapse of Silicon Valley Bank, the conviction of Sam Bankman-Fried, the reassertion of union power and the turmoil at OpenAI were just some of the big business stories in a year that was full of them.
The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities. The purpose of a business is to organize some sort of economic production of goods or services.
The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A limited liability company (LLC) is a business structure allowed by state statute. Legal and tax considerations enter into selecting a business structure.
organization undertaking commercial, industrial, or professional activity. A business is an organization where people work together. In a business, people work to make and sell products or services. Other people buy the products and services. The business owner is the person who hires people for work.
The U.S. Census Bureau revealed that close to 5.5 million businesses were started in 2023, which is now the record amount, according to the Commerce Institute.
A business article is a news release, blog, brochure, or another type of document that helps a company share information, either indirectly or directly, about its operations.
Hobby: LARPing, Kitesurfing, Sewing, Digital arts, Sand art, Gardening, Dance
Introduction: My name is Amb. Frankie Simonis, I am a hilarious, enchanting, energetic, cooperative, innocent, cute, joyous person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
