Tech
Investors: Is this sector the one to watch? | ticker VIEWS
Money is pouring into the US stock market at the fastest pace since 2015.
This can’t and won’t last forever.
With valuations sitting close to all-time highs, and investors starting to predict higher inflation will push the US Federal Reserve to tighten monetary policy, let’s prepare for what happens next.
A combination of timing and changing consumer needs could see one sector offer huge potential:
“Our prediction is that over the next few years food tech, that is the convergence of food and tech to create new products, will become the most important growth sector. Not just for investors but for humanity.”
Steven Maarbani, VentureCrowd CEO
What role are consumers playing?
“Last year global food tech startups raised 26 billion US dollars. That was a 35% increase on the year before. The global food tech sector is currently forecast to grow to up to 346 billion US by 2027. Now that’s a massive rate of growth” according to Maarbani.
So why does the food and agriculture industry need fixing anyway?
Maarbani says it has a little something to do with our lives.
“The industrialisation of food has been driven far more by prioritising low cost food and economic development than the health and weakness of consumers on the planet.”
“75% of the western diet is composed of wheat. Sugar represents 20% of our daily energy intake. Now those ingredients might make good economic sense at a production level. But they’re literally killing us.”
There’s also a growing trend for conscious investing. We want great returns no doubt, but we want business to matter and take the world forward.
We know there’s a link between what we eat and obesity, diabetes, cancer and Alzheimer’s disease.
If we combine these innovations in food tech, and our growing awareness around food education, it could reduce the overall burden of these health related issues. And that saves big money.
According to a report by Google and Boston Consulting Group there are a number of factors contributing to the growth of the industry.
The Indian food-tech industry is set for compound annual growth of 25-30 per cent to USD 8 billion by the end of 2022. Why? The rise of internet penetration, increasing number of orders and consumer disposition are all playing their part.
“Riding on the wave of higher consumption in a growing market and maturing dynamics on the supply side, we expect the industry to grow from USD 4 billion to USD 8 billion in the next three years, a massive 25 per cent growth rate,” the report titled ‘Demystifying the Online Food Consumer’ said.
And according to Maarbani, Covid-19 has played a role “I really think the last 18 months around Covid, the importance of health and wellness and lockdown has fuelled a lot of that.”
Tech
Hollywood agencies criticise OpenAI’s Sora for exploitation
Hollywood agencies criticise OpenAI’s Sora for exploiting creators and infringing intellectual property rights amid rising concerns over AI usage
Hollywood agencies criticise OpenAI’s Sora for exploiting creators and infringing intellectual property rights amid rising concerns over AI usage
– Top talent agencies, including CAA and UTA, oppose OpenAI’s Sora over client rights and copyright risks.
– Disney and others demand immediate action from OpenAI to address copyright infringements related to Sora.
Top Hollywood talent agencies have expressed strong opposition to OpenAI’s new video creation app, Sora. The Creative Artists Agency (CAA) voiced concerns about significant risks to their clients and intellectual property rights.CAA represents high-profile clients such as Doja Cat and Scarlett Johansson. The agency questioned OpenAI’s commitment to compensating creators for their work, suggesting that their practices might ignore global copyright principles.
They stated, “Control, permission for use, and compensation is a fundamental right of these workers.”
United Talent Agency (UTA) echoed similar sentiments, labelling Sora’s actions as “exploitation, not innovation.” UTA reinforced that human talent is irreplaceable and affirmed its commitment to defending its clients’ rights. OpenAI has indicated it will implement measures to limit the generation of well-known characters and enhance control for rightsholders.
Industry Response
The memo from WME instructed agents to ensure that all clients are opted out of the latest Sora updates. Disney also took a firm stance, clarifying it had not granted OpenAI permission to use its copyrighted content.
The Motion Picture Association urged immediate action from OpenAI to address copyright infringements related to Sora.
Concerns over generative AI’s impact on copyright have surged within the entertainment industry.
Major companies like Universal and Disney have already pursued legal action against other AI firms over similar issues, highlighting a growing fear regarding the protection of intellectual property.
Tech
OpenAI, Jony Ive’s AI device faces significant delays
OpenAI and Jony Ive’s AI device faces significant delays due to technical and infrastructure challenges ahead of its launch
OpenAI and Jony Ive’s AI device faces significant delays due to technical and infrastructure challenges ahead of its launch
– OpenAI and Jony Ive face significant challenges for their AI device, delaying its launch to 2026.
– Technical issues include computing power shortages and difficulties defining the AI’s personality and behaviour.
The primary obstacle is the need for adequate computing power for widespread deployment. Insiders revealed that OpenAI is struggling to secure enough compute resources for current applications, let alone the device design focused on continuous interaction.
Compute Issues
Development teams are also navigating challenges in defining the AI’s personality and behaviour.
Creating an assistant that is both engaging and appropriately responsive has proven difficult, as the design aims to foster a friendly interaction style without veering into overly chatty or insincere exchanges.
Legal issues add to the complications, including a trademark dispute with audio startup Iyo, resulting in the removal of “io” branding from promotional materials. Manufacturing is ongoing, with partnerships established, including with Chinese company Luxshare.
As OpenAI prepares for the upcoming DevDay 2025 conference, the company is under pressure to showcase progress, especially as competitors like Apple and Google advance their AI projects.
The focus remains on overcoming existing hurdles while optimising development strategies for the future of AI devices.
Tech
Indonesia lifts TikTok suspension after compliance with requests
Indonesia swiftly reinstates TikTok’s licence after compliance with data-sharing demands regarding August protests
Indonesia swiftly reinstates TikTok’s licence after compliance with data-sharing demands regarding August protests
– Indonesia lifted TikTok’s suspension after it provided required protest-related data to the government.
– The incident underscores increasing tensions between Southeast Asian governments and tech companies over data transparency.
Indonesia’s Ministry of Communication and Digital Affairs confirmed that TikTok submitted necessary data on livestream traffic and monetisation during the protests occurring between August 25 and 30, 2025. This submission occurred on the same day of the suspension announcement, restoring TikTok’s registration as an electronic system operator.
The suspension was initially triggered by TikTok’s partial data submission by a September 23 deadline, citing internal privacy constraints on full compliance.
Regulatory Context
The data dispute arose amid violent demonstrations in late August, protesting excessive lawmakers’ allowances and police brutality, particularly following the death of a motorcycle taxi driver on August 28. Authorities found accounts allegedly linked to illegal gambling using TikTok’s livestream feature, prompting TikTok to suspend this function temporarily.
The incident highlights Indonesia’s assertive stance on tech regulation, particularly given its significance as TikTok’s second-largest market globally. The platform has faced various regulatory challenges in Indonesia, including a recent $900,000 antitrust fine for late notification regarding its Tokopedia acquisition.
Despite the suspension, TikTok remained accessible throughout the regulatory process, stating its commitment to comply with local laws.
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