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🌎 When the Real-World Tries AI

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Today’s Letter:

A Crazy Niche AI Story (4 Min)
Traditional industry is undergoing disruption and reimagining at an unprecedented pace, driven by the advancements in AI…

The Big Picture:

  • A Mineral discovery facilitated by KoBold Metals' innovative use of AI, which involved analyzing vast datasets, including satellite imagery and drilling results, to accurately map the Earth's crust and identify potential mineral deposits, showcases a groundbreaking approach to mineral exploration

  • This breakthrough is indicative of a broader shift in the mining industry towards leveraging artificial intelligence, setting new standards for efficiency, accuracy, and sustainability

  • The innovation showcases the role of AI as a transformative tool in traditional industry, rapidly being disrupted by leveraging the power of AI. 🚀

Why It Matters:

  • Strategic Shift: The KoBold Metals discovery underscores a strategic move towards using advanced technology, such as AI, for discovering new mineral resources. This shift is particularly pivotal for copper, highlighting the technology's potential to improve exploration efficiency, accuracy, and sustainability.

  • Economic and Environmental Impact: The economic implications of this breakthrough are significant, potentially redefining mining standards globally and a broader shift applying AI to real-world problem sets

  • Innovation and Investment: KoBold's success story accentuates the critical need for further investment and innovation within the mining sector. The call for $100 billion in new mines to meet the forecasted supply shortfall, along with KoBold's ambitious exploration strategies and potential public offering, highlights the essential role of AI in future-proofing the mining industry

Thinking Critically:

  • Data Challenges and Adoption Hurdles: While AI's application in mining offers promise, significant challenges persist, including data scarcity, lengthy mining cycles, and a slow technology adoption rate. These hurdles necessitate a nuanced understanding of AI's potential versus the practical challenges in its implementation.

  • Long-term Change 📈: This unique application of AI to a real-world problem highlights the rethinking of traditional industry underway with AI that is normally disrupted at a far slower pace.

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