💼 SEC vs. Coinbase

Plus: AI in Healthcare

Happy Wednesday!

If you've managed to convince yourself that your coffee tastes like the weekend already, you're doing it right.

Now, while we can't speed up time, we can make it worthwhile.

So, let's get to the good stuff!

In today’s Morning Mashup:

  • 🏦 SEC Takes on Coinbase in Landmark Lawsuit

  • AI Revolution in Healthcare

  • 🍎 Apple's AR Power Play: Acquiring Mira

  • 🧰 5 Secret Weapons for your Productivity Arsenal

Read time: 4 minutes

Coinbase, America's largest crypto platform, is in a legal battle with the SEC. The SEC argues that Coinbase has been operating illegally by failing to register as an exchange and accuses them of securities law violations related to their staking rewards program. Coinbase, however, maintains that they're committed to compliance and will continue to operate as usual.

Coinbase's shares took a hit in the aftermath, with customers withdrawing more than $57 million following the SEC's filing. Despite the challenges, Coinbase shows no signs of backing down. They're part of a wider crypto community that is standing firm against what they see as an overreach by the SEC.

Kristin Smith, CEO of the Blockchain Association trade group, has rejected the SEC's attempts to regulate the industry, confident that the courts will eventually side with them.

Coinbase isn't the only one facing the music. Just a day before this, the SEC accused Binance, another major player in the crypto space, of inflating trading volumes, diverting customer funds, and a host of other charges. Binance, like Coinbase, is standing its ground and pledging to defend itself against the lawsuit​

This is a pivotal moment for the crypto industry. It's a classic standoff between the new frontier of finance and the traditional watchdogs.

As these cases unfold, they could set important precedents for how cryptocurrencies are regulated in the future.

We've all seen AI creating ripples across industries, but this time, it's making waves in healthcare. Carbon Health recently unveiled an AI tool, dubbed "Carby", powered by OpenAI's GPT-4.

It's already transforming the way medical records are created and managed.

Here's the scoop:

  • Efficiency redefined: Carby can produce consultation summaries in just 4 minutes. Compare this to the 16 minutes it takes a doctor working alone, and the efficiency gains are clear.

  • Integration at its best: The software is seamlessly integrated into Carbon Health's Electronic Health Records system. The AI tool not only transcribes conversations between physicians and patients but also takes into account the patient's medical history to generate comprehensive medical notes.

Remember, though, AI isn't here to replace our incredible doctors. The notes generated by Carby are always reviewed and validated by the provider, ensuring the human touch remains central to patient care.

Now, if you're wondering about the accuracy, Carbon Health states that a whopping 88% of the AI-generated text can be accepted without edits. It's not perfect, but it's a big step forward.

What's the result of all this innovation:

  • Boosting capacity: A clinic in San Francisco testing the tool saw a 30% increase in the number of patients it could treat. Now that's what we call scaling!

  • Wider implementation: Over 130 clinics and 600+ staff now have access to this tool, signaling a new era in healthcare delivery.

As with any innovation, there's a ripple effect. Other providers and startups are also investing in similar AI-powered solutions, contributing to a healthcare revolution. This is the kind of healthy competition we love to see.

Remember when we talked about Apple diving deep into the mixed reality pool with their new spatial computing platform, the Vision Pro? Well, they've just made another splash. This time it's not a product, but a company acquisition.

Apple has made a serious power move by acquiring Mira, a Los Angeles-based AR startup. Mira isn't just any AR company - they've been developing headsets for a variety of clients, including the US military and Nintendo World theme parks.

In the next phase of this adventure, at least 11 of Mira's team will be sporting the Apple uniform. Mira's CEO, Ben Taft, documented the occasion with an Instagram post, celebrating the journey from a dorm room startup to becoming part of Apple's empire.

It's another testament to the limitless possibilities when you have a clear vision and relentless drive.

Keep these in mind as you continue to crush your own goals.

🧰 Productivity Arsenal

  • Beatoven - Create personalized music for your videos (Link)

  • Hit Paw - AI upscale video software (Link)

  • MarketingBlocks AI - AI assistant that generates all your marketing essentials (Link)

  • Kalender AI - Sales agents that generate revenue on autopilot by reaching your potential customers (Link)

  • Clay - keep up-to-date with your entire network using AI (Link)

Have cool resources to share? Submit a tool by replying to this email.

🐦 Tweet of the day

The clock is always ticking.

That’s all for now!

If you have any interesting projects or ideas please reach out to us by responding to this email or by sending us a DM on Twitter: @DerikVasquez & @MorningMillionaire

As always, thank you for your time, and see you soon.

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