Here is the daily technology #threadcast for 10/2/24. We aim to educate people about this crucial area along with providing information of what is taking place.
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Where is the Budget for AI Coming From?
A survey of CIOs revealed that 41% plan to fund AI initiatives through net new spending, while 35% will repurpose existing software budgets, and only 6% will use funds from professional services.
#technology #ai
AI for business (enterprise) is going to be very interesting. It is going to be something that we see evolve. Present technology is a bit overhyped in the practical applications so far.
Yea, my employers are investing heavily in setting the foundations for that
Yeah. The overall industry is really seeing some interesting developments. The R&D side is still steady. Applications are still limited and the belief is LLMs will lead to AGI. This isnt the case. That said, they can be very helpful and will likely double human productivity.
The VC tide has gone out. A real innovation wave is now arriving.
After a prolonged period of easy money and inflated valuations, the venture capital bubble is slowly deflating, making it harder for founders to secure funding. This downturn coincides with the emergence of large language models, a groundbreaking technology that is transforming the way knowledge work is done and creating new opportunities for entrepreneurs. As the market adjusts to this new reality, founders who can adapt and find ways to stay relevant will be well-positioned to capitalize on the coming wave of innovation.
#technology #vc #finance #ai
Emerging Tech Future Report: Updating Our Generative AI Outlook
PitchBook's Q3 2024 Emerging Tech Future Report provides an updated outlook on the impact of generative AI across industries, highlighting growth, challenges, and future potential.
#technology #ai #innovation
CNBC: Tesla set to report Q3 deliveries ahead of robotaxi event
https://www.cnbc.com/2024/10/01/tesla-q3-deliveries-expected-ahead-of-robotaxi-event.html
Reuters: Apple accused by US labor board of imposing illegal workplace rules
https://www.reuters.com/technology/apple-accused-by-us-labor-board-imposing-illegal-workplace-rules-2024-10-01/
3D-Printed Hotels Are Coming to the Texas Desert!
Icon is building a groundbreaking 3D-printed hotel at the El Cosmico campground in Texas. Picture stunning camping spots, vacation homes, and even a central pool, all 3D-printed! Some permanent homes will be on the market starting at $2.29 million, but Icon is also making affordable options for the local community. This project is a game-changer for how we think about construction and sustainable living. You can check out the renders for a sneak peek at the future of travel.
#3dprinting #architecture #innovation #sustainableliving #technology
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CNBC: Facebook owner Meta forms data-sharing pact with UK banks to counter scams
https://www.cnbc.com/2024/10/02/facebook-owner-meta-to-share-data-with-uk-banks-to-counter-scams.html
OpenAI's Game-Changing DevDay 2024 Updates!
OpenAI just dropped some huge updates at DevDay 2024 in San Francisco! The star of the show? A new Realtime API that makes adding voice assistants to apps easier than ever, think ChatGPT’s voice features, but for any app. They also launched tools to fine-tune smaller models from advanced ones, speed up app performance by remembering frequently used prompts, and even fine-tune models with images. This is a big win for developers looking to build smarter, faster apps!
#openaidevday #realtimeapi #devtools #innovation #technology
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The Modern Day Slaves Of The AI Tech World
#ai #slaves #workers #technology #behindthescenes
World's first 3D-printed hotel rises in the Texas desert
3D-printed architecture firm Icon is now constructing its El Cosmico campground hotel project in the Texas desert. The 3D-printed hotel will have camping areas, a central swimming pool, vacation homes, shared amenities, and some permanent residences. The permanent residences will be up for sale starting at $2.29 million. There will be some affordable 3D-printed housing for the local community. Renders of the project are available.
#technology #construction #3dprinting
This rise of tech continues. I love how they also give something back to residing locals, a good move.
Scientists find evidence of ‘negative time’
A team of quantum physicists from the University of Toronto observed photons exiting a material before entering it.
#technology #time #quantumphysics
Earth has caught a 'second moon,' scientists say
Asteroid 2024 PTS, which usually orbits the Sun as part of a small asteroid belt that follows Earth, should now be orbiting Earth as a second moon. The mini-moon event will end on November 25. These gravitational capture events are quite common. 2024 PTS won't be observable to the average skywatcher. After its brief stay around Earth, the asteroid will continue to orbit the sun as part of the Arjuna family of asteroids.
#technology #space #moon
https://inleo.io/threads/view/coyotelation/re-wnwbwmtjzk?referral=coyotelation
A very good video. Did you make it?
No, I got it from the internet. There are others similar.
This type of video is really interesting. It gives us a much more detailed dimension of this evolution.
They are excellent ones to keep adding to the site. Keep building your library my friend.
Technology
Technology and humanity at the center of companies of the future
How to balance technological advancement with the centrality of people in the corporate environment? It was with this reflection that the panel “The impact on companies and technological transformation” began, part of the Imersão Indústria program, an event held by FIEMG, this Tuesday, October 1st, at Minascentro, in Belo Horizonte.
#newsonleo #technology
On stage, Sofia Trombetta, director of People at ArcelorMittal LATAM and Mining, and Doctor Gustavo Donato, associate professor at Fundação Dom Cabral (FDC) and former dean of Centro Universitário FEI, shared their views on how technology and people should go together to shape the future of organizations.
Donato opened the debate by emphasizing that the evolution of society and professionals is linked to the capacity for constant relearning. According to him, in the coming decades of 2030 and 2040, around 80% of professionals will need to be “lifelong learners“, that is, learning throughout their entire lives, unlearning and relearning as new paradigms present themselves. In this scenario, technology is a fundamental presence. He recommended reading the Future Today Institutes “Tech Trends Report”, released annually at the SXSW festival in the United States, as a tool to understand the main axes of technological transformation, with emphasis on the role of artificial intelligence (AI).
Regarding AI, the professor-doctor is already redesigning areas such as personalized health, climate and energy, mobility, robotics and logistics. However, he warned about the decreasing use of people's “natural intelligence”. “My big fear is that we are using natural intelligence less,” he said, highlighting that excessive technological stimuli has led to a loss of focus, increased anxiety and a “knowledge collapse” phenomenon. He also brought up the concept of the “nexialist” — a professional of the future who creates connections between non-obvious areas of knowledge, being an agent of innovation in complex and interdisciplinary environments.
Sofia Trombetta, in turn, addressed the importance of putting people at the center of this technological transformation process. “Talking about science and technology without talking about people is not possible,” he declared. She highlighted the challenge that organizations face in a context in which four generations are living in the same work environment, which creates “generational chaos”. For Sofia, the role of people management areas is fundamental to ensure that employees can face technological transformation organically and without fear.
The panel at Imersão Indústria highlighted that the future of companies inevitably involves the integration between people and technology. Innovation, according to the speakers, will only be successful if organizations know how to balance the transformative power of artificial intelligence with care for human beings. The challenge is to navigate technological transformation, keeping people at the center, as protagonists of the changes that will shape the organizations of the future.
Imersão Indústria is carried out by FIEMG, SESI and SENAI, with master sponsorship from ArcelorMittal, Codemge, CNI and Vale; master support from SEBRAE; gold sponsorship of Herculano Mineração, Gerdau, Eletrobras, Schneider Eletric; silver sponsorship from Sicoob Credfiemg, Copasa, CBMM, Souza Cruz/BAT Brasil, USIMINAS and Nanum Nanotecnologia; and support from BDMG, Localiza, Bemisa, Sambatec, FAEMG and Fecomércio.
OpenAI
What Sam Altman, Founder of OpenAI, Thinks about the Future of Work
Despite the uncertainties regarding the future of the job market, Sam Altman, billionaire co-founder and CEO of OpenAI, sees a positive scenario ahead. While some jobs lose relevance, Altman believes that the transformations brought about by AI should create new opportunities in the corporate world.
#newsonleo #openai #technology
“I am confident that there will be many jobs, and that many of them will be different from the ones we know today. But there never seems to be a shortage of things to do,” he said during an interview with Chris Hyams, CEO of global jobs platform Indeed, at the Indeed FutureWorks Conference last week. “As the tools change, the result changes too.”
Artificial intelligence, which began to be developed in the 1950s and has been used since the 1980s, gained popularity with ChatGPT, a generative AI chatbot launched by OpenAI in November 2022. Today, the tool has 200 million weekly users, and Brazil is the fourth most used platform in the world rankings. “Our model made a much bigger difference than we imagined.”
Among the many impacts of generative AI, jobs stand out. According to research by the IMF (International Monetary Fund), 40% of current positions are expected to be affected by new technology worldwide. This prediction is reinforced by a study by the McKinsey Global Institute, which indicates that by 2030, around 14% of professionals may need to change careers due to digitalization, robotics and advances in AI. “I think it will be amazing when AI can do my job better, but I've been doing this for a while and at least I got to enjoy the fun part,” says Sam Altman.
This is not the first time that technology has caused significant changes in the corporate world. Over the years, previous innovations have also raised similar concerns in the job market. “When I was at school, people said that programming would kill a lot of jobs,” says the CEO. “In the end, it eliminated some functions, but created many other opportunities”
One of the differences to the current scenario is the speed of change. Over the past eight years, the search for professionals with AI skills has grown 323%, according to a report this year by Microsoft and LinkedIn, which surveyed 31,000 people in 31 countries, including Brazil.
It may seem difficult to keep up with the frenetic pace of AI advances, but the secret is learning how to use these new tools to your advantage. “You need to feel very comfortable with them, because we don’t know exactly what the jobs of the future will look like.”
Google
Google começa a remover anúncios de Bets não cadastradas no Brasil
A partir desta segunda-feira (30), o Google começou a remover os anúncios de casas de apostas, conhecidas como bets, que não se adequaram às novas exigências de regulamentação no Brasil. Segundo a empresa, apenas aquelas que estiverem devidamente cadastradas junto ao governo poderão continuar utilizando sua plataforma para promover serviços.
#newsonleo #google #technology #brasil #bets
O Ministério da Fazenda encerrou em agosto o prazo para que as empresas de apostas esportivas regularizassem sua situação. Das mais de 2 mil bets e cassinos online que operam no Brasil, apenas 113 empresas cumpriram os requisitos estabelecidos, de acordo com dados da ONG Instituto Jogo Legal.
Para que as empresas possam veicular anúncios no Google, será necessária a obtenção de uma certificação emitida pela própria gigante tecnológica, processo que só será liberado para as empresas que se inscreveram previamente no cadastro oficial do Ministério. Essa mudança acompanha as novas diretrizes do governo para regulamentar o mercado de apostas no país.
O governo federal deverá divulgar a lista oficial de bets autorizadas a funcionar a partir desta terça-feira (1). O processo de legalização das apostas, além de exigir o cadastro, também inclui o pagamento de uma outorga de R$ 30 milhões por parte das empresas que desejam operar de forma legal no Brasil, com previsão de entrada em vigor em 2025.
A decisão do Google de proibir anúncios de empresas não certificadas reflete o compromisso da empresa em seguir as novas regras impostas pelo governo.
China
China presents spacesuit that will be used in the first mission to the Moon
The Chinese space agency officially presented the spacesuit that will be used by astronauts on the lunar mission planned for the coming years.
#newsonleo #china #space
The suit was revealed at a ceremony held by the China Manned Space Agency (CSMA) last weekend, in the city of Chongqing. According to the agency, the suit was developed to withstand the extreme conditions of the lunar surface, including extreme temperatures, high levels of radiation and dust.
China aims to take its first astronauts to the Moon by 2030. The spacesuit presentation video is available for viewing.
PIX
Data from 53 thousand Pix keys from fintech Qesh were leaked, according to BC
In a note released this Monday (30), the BC informs that sensitive data, such as passwords, information on transactions or financial balances in accounts, or any other information under banking secrecy were not exposed
#newsonleo #pix #technology #bank
The BC (Central Bank) reported the leak of personal data from 53,383 Pix keys that were under the responsibility of Qesh Payment Institution. The leak occurred due to specific failures in the company's systems, according to the monetary authority.
In a note released this Monday (30), the BC informs that sensitive data, such as passwords, information on transactions or financial balances in accounts, or any other information under banking secrecy were not exposed.
"The information obtained is of a registration nature, which does not allow movement of resources, nor access to accounts or other financial information", he says.
All people who had their registration data obtained as a result of the incident will be notified through the application or through the internet banking of their relationship institution.
The BC warns that other means of communication - such as messaging applications, phone calls, SMS or email - will not be used to communicate with users affected by the incident.
"The BC informs that the necessary actions were taken to investigate the case in detail and the sanctioning measures provided for in current regulations will be applied", it states.
The financial authority has a specific page to record security incidents of this type, which can be accessed through this link.
OpenAI Dev Day 2024: Big News You Don't Want to Miss!
OpenAI dropped some major updates at Dev Day 2024! Fine-tuning the vision model is now possible, which means more personalized AI experiences. They also introduced a real-time API for faster responses and prompt caching to save time. Plus, model distillation will make things run even smoother. These updates are all about making AI better and easier for everyone to use. Stay tuned, things are about to get interesting!
#ai #openai #developer #innovation #technology
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Pika 1.5 is Here: Realistic Moves & Big Screen Shots!
Pika just dropped version 1.5, and it's packed with cool features! Plus, Pikaffects are the new go-to for adding that extra flair to your scenes. If you're a fan of Pika, this update is definitely worth checking out.
#ai #pika #updates #video #technology
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California Governor Blocks AI Bill – Here's Why
Governor Gavin Newsom just vetoed SB 1047, a bill designed to regulate AI development and enforce safety protocols on high-cost AI models. His reason? The bill was too broad, potentially affecting all large models, not just the ones that need tighter control. But don’t worry, Newsom isn’t backing down on AI safety. He’s already signed other AI-related laws and is consulting with experts to shape smarter regulations.
#ai #aigovernance #california #news #technology
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Sam Altman’s Big AI Vision: From Trillions to Billions
OpenAI CEO Sam Altman is scaling back his ambitious AI infrastructure plan. Initially aiming for trillions, he's now eyeing hundreds of billions to build data centers and chip factories worldwide. Altman’s goal? Boost AI’s growth by collaborating with tech giants and governments. But there are still hurdles, like tricky regulations and logistics. Despite doubts, talks are moving forward, with possible projects in the US, Europe, and Asia. The focus is on expanding the computing power that fuels the future of AI.
#openai #samaltman #artificialintelligence #ai #future #technology
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https://inleo.io/threads/view/coyotelation/re-ahqtdpdmwg?referral=coyotelation
Pretty cool. I do not think it real although it would be cool if it was.
There are some robots created by China that seem like a lie, but we cannot deny that robots are advancing very quickly too.
There is a lot of misleading going on. That said, there are some things that are real.
Sizing up the market right now is senseless to me. I just look for the overall progress. The TAM is enormous so I have no problem believing there will be a ton of winners.
You said something really interesting. There are things that we don't know exactly if they are actually real or not.
I recently saw a short on the internet of a woman holding a huge, really big owl and it left everyone wondering if this species really exists or was made by AI.
If today there are already many questions about whether it is true or not, imagine the near future. It will be very difficult to tell if something is real.
People do not believe things people post online. The joke I read it on the Internet so it is true.
Now you cant trust your eyes.
Yes it is true. The internet can show us different paths, we just need to seek the truth.
This is the biggest convergence in human history:
We are going to see massive disruption over the next 10 years. It is going to be explosive.
The question is how do we get from where we are now to that point?
#technology
Couldn't join in the AmA last Tuesday. When is the subscription going live?
Check out Khals account for updates on subscriptions.
Oh okay cool.
Consider me a loyal subscriber. Can't wait to learn.
Art Of Abstraction – Charting The Next Evolution Of The Web3 Ecosystem
From conversations with many industry experts on blockchain layers and their challenges and opportunities, one theme kept emerging – abstraction.
A renewed focus on abstracting technology away from the user experience would clear a path to ... [+] adoption
#web3 #technology #blockchain
The increasingly multilayered nature of the blockchain ecosystem has created a growth spurt in user activity and liquidity, but the challenges it throws up are also seemingly intractable. Scalability requires more platforms to increase bandwidth, yet interoperability barriers and the complexity of a crowded ecosystem risk constraining forward-looking innovation. How can developers focus on building user-friendly apps that meet real-world needs rather than chasing the tail of the newest problem caused by the latest solution?
Having consulted many industry experts on blockchain layers and their challenges and opportunities, one theme kept emerging – abstraction.
Alex Mizrahi, CTO and Co-Founder of relational data blockchain Chromia, explains the challenge:
“Non-crypto users are used to certain ‘nice’ features, like account recovery and being able to log in using a memorable password. The industry has made progress in making the Web3 experience more user-friendly, but I think there is still room for improvement when it comes to account abstraction. Along with gas-free transactions, this would alleviate the complexity and poor UX that is ‘baked in’ to the Web3 experience.”
Account abstraction broadly describes features that remove the need for users to manage their own private keys for secure self-custody of assets, such as those mentioned by Mizrahi above. The fragmentation challenges of a multilayered ecosystem can compound the complexity of self-custody if users need to manage multiple accounts and keys. Account abstraction would allow users to interact with their accounts more naturally and seamlessly with features such as delegated access, account recovery, and more.
Article
Palmer Luckey: Every country needs a 'warrior class' excited to enact 'violence on others in pursuit of good aims'
Palmer Luckey raged against America’s adversaries, endorsed completely autonomous weapons, and hinted at an Anduril IPO.
#technolgoy #ipo
Palmer Luckey, the founder of Anduril industries, a defense technology company, recently gave an hour-long conversation at Pepperdine University, where he discussed his views on war, autonomous weapons, and the future of his company.
Luckey began by stating that societies need a "warrior class" that is enthusiastic about using violence to achieve good aims. He believes that he and others like him are necessary to create tools of violence to preserve freedom. He also mentioned that he has no hesitation about building weapons and that Anduril is already working on autonomous weapons.
Luckey then discussed the early hours of the war in Ukraine and how Anduril could have made a big impact. He claimed that he first met Ukrainian President Volodymyr Zelenskyy in 2019 and that Ukraine had asked to acquire some of Anduril's border control technology. However, the State Department was not keen on Ukraine at the time, and Anduril did not provide the technology until later in the war.
Luckey also discussed the importance of AI development and how it is being hindered by a "shadow campaign" being waged by western countries' adversaries in the United Nations. He believes that the development of autonomous weapons is necessary and that the US government's reluctance to purchase them is misguided.
Luckey also hinted at Anduril's desire to eventually go public, citing the difficulty of competing with government-backed companies like Lockheed Martin. He also mentioned that people have floated the possibility of Anduril being acquired, but he is hesitant to repeat the experience of being pushed out of Facebook after selling his previous startup, Oculus.
Finally, Luckey declined a gift of a leather-bound collection of "The Lord of the Rings" because he cannot fit it on his motorcycle.
Overall, Luckey's views on war, autonomous weapons, and the future of his company are controversial and have sparked debate.
Article
Meat replacement startup Heura has a new mission to slay junk food with healthier plant-based swaps
The offices of plant-based protein startup Heura are tucked away down a narrow street a short distance from one of Barcelona's main tourist draws.
#technology #newsonleo #food #heura
Heura: The Plant-Based Protein Startup Revolutionizing the Food Industry with Science-Backed Nutrition
Heura, a pioneering plant-based protein startup based in Barcelona, is transforming the food industry by creating healthier, more sustainable alternatives to traditional meat and dairy products. By leveraging cutting-edge science and a deep understanding of human nutrition, Heura is developing a range of innovative products that not only tantalize the taste buds but also provide a significant nutritional boost.
The Devastating Consequences of Industrial Food
The food industry is plagued by the proliferation of "ultra-processed foods" (UPFs), which are characterized by their high levels of added sugars, refined carbohydrates, and unhealthy fats. These foods, designed to be convenient and affordable, have devastating effects on our health and the environment. UPFs have been linked to a range of chronic diseases, including obesity, diabetes, and heart disease, and contribute to environmental degradation through resource depletion, pollution, and waste.
Heura's Revolutionary Solution
Heura is addressing this problem by developing a range of plant-based protein products that are designed to be healthier and more sustainable than traditional alternatives. The company's products are crafted using a proprietary blend of plant-based proteins, including soy, pea, and rice, which are combined with natural ingredients and flavorings to create a range of delicious and nutritious products. Heura's products are free from artificial additives, preservatives, and coloring agents, ensuring that consumers can enjoy great-tasting food without compromising on their health.
The Science Behind Heura's Products
Heura's products are the result of a rigorous scientific approach to food development, which involves a deep understanding of the interactions between different ingredients and the way they affect the body. The company's team of food scientists and nutritionists employ a range of techniques, including microstructural design and thermo-mechanical processing, to create products that are not only delicious but also provide a range of health benefits. Heura's products are designed to meet the nutritional needs of consumers, with a focus on protein content, fiber, and essential micronutrients.
The Future of Food: A Healthier, More Sustainable Option
Heura's vision for the future of food is one in which consumers have access to a range of healthy, sustainable, and delicious options that are designed to meet their nutritional needs. The company believes that by developing innovative products that are based on sound science and a deep understanding of human nutrition, it can help to transform the food industry and make a positive impact on the health and well-being of consumers around the world. Heura's products are designed to be a game-changer in the food industry, offering a healthier, more sustainable alternative to traditional meat and dairy products.
Conclusion
Heura is a plant-based protein startup that is revolutionizing the food industry by developing innovative products that are designed to be healthier and more sustainable than traditional alternatives. With a focus on nutrition and health, Heura is creating a range of delicious and nutritious products that are designed to meet the needs of consumers who are looking for a healthier and more sustainable food option. By leveraging cutting-edge science and a deep understanding of human nutrition, Heura is poised to transform the food industry and make a positive impact on the health and well-being of consumers around the world.
Article
EU's DSA enforcers send more questions to Snapchat, TikTok and YouTube about AI risks
On Wednesday, the European Union requested more information from Snapchat, TikTok and YouTube about their respective algorithms for content
#newsonleo #eu #socialmedia #technology #ai
EU Requests More Information from Snapchat, TikTok, and YouTube on Algorithmic Content Recommendation
The European Union has sent requests for information (RFI) to Snapchat, TikTok, and YouTube, asking for more details about the design and functioning of their algorithms used for content recommendation. The move is part of the bloc's efforts to ensure compliance with the digital Services Act (DSA), a new online governance rulebook that aims to regulate the use of artificial intelligence (AI) in content recommendation.
The EU's online governance framework, which came into effect in late summer, requires very large online platforms (VLOPs) like Snapchat, TikTok, and YouTube to identify and mitigate risks associated with their use of AI-based content recommendation tools. The law stipulates that these platforms must take action to prevent negative impacts on users' mental health, civic discourse, and the dissemination of harmful content.
The Commission's latest RFIs focus on the algorithms used by the three social media platforms to recommend content to their users. The EU is seeking detailed information on the AI-based parameters used to make these recommendations, as well as how these algorithms play a role in amplifying systemic risks, including:
The commission is also asking Snapchat and YouTube to provide information on their measures to mitigate the potential influence of their recommender systems on the spread of illegal content. For TikTok, the EU is seeking more detail on anti-manipulation measures deployed to prevent malicious actors from gaming the platform to spread harmful content.
The EU's concerns about the potential negative impacts of algorithmic content recommendation are not new. In February, the bloc opened a formal investigation into TikTok's DSA compliance, citing concerns about the platform's approach to minor protection, addictive design, and the risk management of harmful content. That investigation is ongoing.
The Commission has given the three social media platforms until November 15 to provide the requested information. The responses will inform any next steps, including potentially opening formal investigations.
What's at Stake
The EU's efforts to regulate algorithmic content recommendation are aimed at preventing the spread of harmful content, protecting users' mental health, and promoting a healthy online environment. The bloc's online governance framework contains tough penalties for violations, including fines of up to 6% of global annual turnover.
The stakes are high for the three social media platforms, which have been given until November 15 to provide the requested information. Failure to comply with the EU's requests could result in formal investigations, fines, and reputational damage.
What's Next
The Commission's latest RFIs are part of its ongoing efforts to ensure compliance with the DSA. The bloc has already sent several requests for information to the three social media platforms, including questions about election risks, child safeguarding issues, and content risks related to the Israel-Hamas war.
The EU's investigation into TikTok's DSA compliance is ongoing, and the bloc has yet to conclude any of the several probes it has open on larger platforms. However, in July, the Commission put out preliminary findings related to some of its investigations on X, saying it suspects the social network of breaching the DSA's rules on dark pattern design, providing data access to researchers, and ad transparency.
As the EU continues to scrutinize the algorithms used by social media platforms, it's clear that the stakes are high for these companies. The bloc's efforts to regulate algorithmic content recommendation are aimed at promoting a healthy online environment, protecting users' mental health, and preventing the spread of harmful content.
Article
https://inleo.io/threads/view/taskmaster4450le/re-leothreads-mepkbmjy?referral=taskmaster4450le
Google vs. DOJ: Monopoly Showdown
The Department of Justice just finished a major trial, accusing Google of monopolizing the ad tech market. Google fought back, saying the DOJ doesn't understand the complexities of advertising and is unfairly cutting up the market. They also argue that social media is a bigger ad competitor that the DOJ is overlooking. The trial's next big moment? Closing arguments on November 25. Stay tuned to see how this tech battle wraps up!
#google #antitrust #advertising #law #technology
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The Guardian: Dump, post, repeat: how Instagram became a social media junkyard
https://www.theguardian.com/technology/2024/oct/01/instagram-photo-dump
Bots Bots Bots, Is ProductHunt Overrun by Bots?
Over 60% of ProductHunt's 1M+ signups are bots! Recent data shows that many product comments are now generated by ChatGPT, and it's suspected that some users might even be buying upvotes. With so much bot activity, the authenticity of the platform is in question. Is it still a reliable space for discovering new tech, or just a playground for automation? This post digs into the numbers behind the scenes to see how much traffic is truly human.
#producthunt #startups #ai #innovation #technology
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The Guardian: More than 9,000 scam Facebook pages deleted after Australians lose $43.4m to celebrity deepfakes
https://www.theguardian.com/technology/2024/oct/02/more-than-9000-scam-facebook-pages-deleted-after-australians-lose-millions-to-celebrity-deepfakes
BBC: Digital overload: Why women are doing a hidden form of work
https://www.bbc.com/future/article/20240930-how-technology-creates-hidden-work-for-women
BBC: Microsoft: 'ever present' AI assistants are coming
https://www.bbc.com/news/articles/czj9vmnlv9zo
BBC: UK reveals father and son at heart of Evil Corp hackers
https://www.bbc.com/news/articles/cwy98824lk4o
Apple’s Budget iPhone is Getting a Major Upgrade!
Apple’s iPhone SE is about to get its first update since 2022, and it’s looking exciting. Rumor has it, this new entry-level iPhone will have a sleek iPhone 14 design and feature Apple Intelligence, making it smarter and faster than ever. But that’s not all, Apple is also gearing up to release new iPad Air models and keyboards, all hitting the shelves around the same time. If you’ve been holding off on upgrading your tech, this might be the moment you’ve been waiting for!
#apple #iphone #ipad #upgrade #technology
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Wired: Eight Scientists, a Billion Dollars, and the Moonshot Agency Trying to Make Britain Great Again
https://www.wired.com/story/aria-moonshot-darpa-uk-britain-great-again/
CNN: ‘Comfortable, fun, familiar’: Why Microsoft is trying to turn its AI chatbot into a digital friend
https://edition.cnn.com/2024/10/01/tech/microsoft-copilot-ai-chatbot-update-friendly/index.html
CNBC: Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures
https://www.cnbc.com/2024/10/02/goldman-sachs-backed-digital-bank-starling-hit-with-fca-fine.html
Reuters: Oracle to invest $6.5 billion to set up cloud facilities in Malaysia
https://www.reuters.com/technology/oracle-invest-65-billion-set-up-cloud-facilities-malaysia-2024-10-02/
Reuters: China pumped in over $100 bln overseas in cleantech since 2023, research group says
https://www.reuters.com/sustainability/china-pumped-over-100-bln-overseas-cleantech-since-2023-research-group-says-2024-10-02/
Reuters: KKR mulls takeover bid for chip equipment maker ASMPT, Bloomberg News reports
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Reuters: Microsoft revamps AI Copilot with new voice, reasoning capabilities
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Nvidia and 6 other firms that could get in on OpenAI's next big funding round
The $6.5 billion raise could value the AI startup at $150 billion
Amid a spate of executive resignations and reports that it’s spending more than it’s making, OpenAI is reportedly preparing to close a $6.5 billion funding round that could value the artificial intelligence startup at $150 billion.
#newsonleo #openai #nvidia #technology
intelligence](https://inleo.io/@leoglossary/leoglossary-artificial-intelligence) startup, is reportedly preparing to close a $6.5 billion funding round that could value the company at $150 billion. The funding round is being led by Thrive capital, and tech giants Microsoft and NVIDIA are also in talks to participate.
Apple, which has a partnership with OpenAI to integrate ChatGPT into its iPhone operating system, recently dropped out of talks to invest in the company.
As OpenAI seeks investors for its massive funding round, the company is also considering restructuring its non-profit status to attract investors. This move would allow the company to take on more debt and potentially increase its valuation.
However, OpenAI's CEO Sam Altman has reportedly told employees that he does not plan to receive a significant equity stake in the company. During a meeting with Altman and OpenAI's CFO Sarah Friar, the leaders told employees that investors are concerned about Altman's lack of equity in the company.
Here are the companies that are expected to invest in OpenAI's $6.5 billion funding round:
Note that Apple (AAPL) has dropped out of talks to invest in OpenAI's funding round.
Article
Walmart, Ikea, and Home Depot are among the major companies that'll be affected by the port strike
A prolonged strike could threaten supplies of major companies in the retail, automotive, and manufacturing industries
A massive dockworkers strike could impact cargo movement of leading importers operating on the East Coast and Gulf ports, including Walmart and General Motors according to trade data aggregator Import Genius.
#newsonleo #strike #business
If no agreement is reached, several terminals at these ports could cease operations, affecting products shipped in containers and threatening the global supply chain. This could eventually increase the prices of commodities across almost all industries — from retail and automotive to manufacturing.
Walmart, Ikea, General Motors and First Solar a climate tech company, are among the leading importers at 14 major ports that could be impacted by the strike, according to the data provided by Import Genius.
The data consists of digital records with shipper and product details for containers at key ports, namely New York/New Jersey, Baltimore, Savannah, Ga., Houston, North Carolina, South Carolina, Virginia, and New Orleans.
First Solar topped the list with imports of nearly 70,000 TEUs (20-foot equivalent units), followed by General Motors with at least 62,500.
Tire companies such as Goodyear, Michelin, and Continental Tire rely on East Coast ports for supplies and are among the tOP importers at the affected ports. Other top importers across the selected ports include Walmart, LG electronics, Bob’s Furniture, Samsung, Home Depot, and Hyundai.
T
The top importers at New York and New Jersey, the largest port on the East Coast, included General Motors and Glovis America LG. At Baltimore, Ikea and Bob’s Furniture were the top two importers, while the largest port in the South, Savannah, has Hanwha Q Cells — a company that makes solar cell components — as its largest importer. Port of Virginia has Walmart and Ikea as leading importers.
The data provided by Import Genius, however, does not include any shipments handled by third party logistics companies nor does it include shipments where the consignee has filed a request for anonymity with U.S. customs.
What experts and leaders are saying
In a customer advisory on Sept. 26, Christian Roeloffs, co-founder and CEO of container xChange said, “The strike could push the container trade into chaos, with ripple effects that potentially will disrupt supply chains well. The congestion and delays at these major ports will severely impact the availability of containers, increase costs, and disrupt schedules.”
Ocean carriers such as Maersk, CMA CGM, Hapag-Lloyd, and other carriers have already announced surcharges for port strike disruptions. Effective Oct. 21, Denmark-based carrier Maersk is implementing a surcharge on the impacted ports, ranging from $1,500 for a 20-foot container to $3,780 for a 45-foot container.
“This surcharge is necessary to cover the higher operational costs that will be incurred due to the service disruptions, ensuring the sustainability of our services and ongoing support for your supply chain requirements,” Maersk said.
CMA CGM will start charging from Oct. 11, followed by Hapag-Lloyd on Oct. 18.
The U.S. Department of transportation is closely monitoring attempts that could raise prices. In a statement released on Oct. 1, Transportation Secretary Pete Buttigieg called on ocean carriers to withdraw surcharges. “No one should exploit a disruption for profit, especially at a time when whole regions of the country are recovering from Hurricane Helene,” the statement read.
“With a strike nOW in place at all East Coast and Gulf Coast ports, NRF is urging President Biden to intervene and use all necessary tools, including the Taft-Hartley Act, to immediately resume the flow of cargo at these essential ports and get the negotiating parties back to the table,” Jonathan Gold, the vice president of supply chain and customs policy at the National Retail Federation (NRF), told Quartz in a statement.
The last time a president invoked the Taft-Hartley Act was during the West Coast port lockout in 2002 under President George W. Bush. The law allows the President to intervene in labor disputes that pose a risk to national security or public safety, by enforcing an 80-day cooling-off period. This requires workers to return to their jobs while negotiations continue.
“This is a critical time for retailers and other businesses ahead of the holiday season. The longer this disruption lasts, the more harm it will cause to the economy and the millions of businesses, workers and consumers who rely on the seamless flow of goods, both imports and exports, through the East Coast and Gulf Coast ports,” said Gold.
Article
Reinforcement learning is crucial. This means engaging with synthetic data and providing human feedback is essential.
You need to play with #ai technology to get a handle on how this stuff works.
Explore, tinker, and probe.
Coinbase executive hopes for better cryptocurrency regulations after the election
Shan Aggarwal discussed the state of crypto at Messari's Mainnet conference
With less than 35 days until the U.S. presidential election, the crypto industry seems to be hoping for more favorable regulations in the near future.
#newsonleo #coinbase #crypto #regulation
At Messari’s annual mainnet conference in New York City, Shan Aggarwal, the vice president of corporate and business development at cryptocurrency exchange Coinbase Ventures, touched on the industry’s regulatory uncertainties. “We’re hoping for the best,” he said in an exclusive interview with Quartz.
His remarks highlight the sector’s anticipation that the coming election could lead to clearer, more supportive legislation.
“The current SEC, it’s hard to go down from here,” Aggarwal said. “[Gary Gensler] has taken a regulation-by-enforcement approach towards the entire crypto industry, including Coinbase.”
Aggarwal is scheduled to speak at the conference Wednesday, where he will discuss Coinbase’s investments, mergers, and acquisitions over the years, as well as its future strategic direction.
This year, Coinbase partnered with traditional financial giants such as BlackRock to offer a platform for the tokenization of funds. Of that collaboration, Aggarwal said, “Coinbase acts as the bridge between traditional finance and crypto that touches different customer segments including retail customers, institutions, businesses.”
Mainnet conference is about the future of crypto
Messari is a leading provider of market intelligence for the crypto and Web3 sectors. Its three-day conference brings together prominent crypto leaders, investors, and industry professionals to explore the rising trend of tokenizing real-world assets (RWAs) and integrating traditional financial instruments on blockchain — a signal of decentralized technologies moving toward mainstream adoption.
This year, Messari made headlines when CEO Ryan Selkis resigned after a series of controversial tweets about U.S. immigrants, violence toward Trump opponents, and civil war.
During 2021’s Mainnet event, the SEC served two subpoenas to the speaker of the event, Terraform Labs founder and then-CEO Do Kwon. Kwon, once a crypto king, was arrested in March 2023 for forging travel documents while trying to flee Montenegro. He is currently awaiting extradition to either the U.S. or South Korea, where he faces potential charges.
Messari launches AI-powered assistant for crypto
At this year’s conference, Messari introduced Messari Copilot, an AI assistant designed for the crypto industry. This tool delivers text-based answers to user queries based on Messari’s research and data, providing a comprehensive view of the crypto landscape.