That Chatbot May Just Be Telling You What You Want to Hear
If AI tells you that your ideas are brilliant, should you believe it?
Researchers are warning of the subtle but serious risk of AI 'sycophancy,' the tendency of chatbots to flatter users and agree with them excessively, even at the expense of truthfulness.
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Should You Buy Rocket Lab While It's Below $40?
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Rocket Lab is the only independent space provider to come anywhere close to competing with SpaceX, the dominant player in the sector. It began its journey developing the small and nimble Electron rocket, which ferries commercial and defense payloads into space with extreme accuracy. Earlier this month, the 65th Electron rocket was launched into space, with many more waiting in Rocket Lab's backlog. The next step for Rocket Lab is the debut of its larger Neutron rocket, which will directly compete with SpaceX in size and capabilities. The Neutron will have a much higher payload capability than the Electron, which means more potential revenue per rocket launch. A Falcon 9 launch at SpaceX can cost over $50 million, which should be a comparable figure for the Neutron once it starts performing for customers. Management believes the Neutron will debut its first launch in 2025, with commercial launches planned in the years after. Rocket Lab's total revenue was only $466 million over the last 12 months, meaning that just a few annual Neutron launches could be quite meaningful to top-line growth. On top of launches, Rocket Lab has built and bought capabilities in the space systems sector, which encompasses items that you put onto payloads in space such as satellites and solar arrays. It just acquired a company called Geost to help further its vertical integration into the defense satellite sector, a highly important capability to have today. In fact, over 70% of Rocket Lab's Q1 revenue came from the space systems segment, making it a much larger market opportunity than just rocket launches. A vertically integrated space company is an ambitious goal, and Rocket Lab is aiming to build it from launch to space gear to eventually software services, according to management. It has a nice narrative, but it is not guaranteed to work. For one, the Neutron rocket has never even performed a test launch. 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Musk Rages as Trump Tax Bill Slashes Electric Vehicle Credits
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