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Framing AI debates as a schism between people worried about AI going rogue and those illuminating actual harms is ahistorical and obscures important research (Emily M. Bender)

Emily M. Bender: Framing AI debates as a schism between people worried about AI going rogue and those illuminating actual harms is ahistorical and obscures important research  —  In two recent conversations with very thoughtful journalists, I was asked about the apparent ‘schism’ between those making a lot …

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How Tom Brady’s crypto ambitions, including a bet on FTX, collided with reality, an example of the humiliating reckoning facing celebrities who embraced crypto (New York Times)

New York Times: How Tom Brady’s crypto ambitions, including a bet on FTX, collided with reality, an example of the humiliating reckoning facing celebrities who embraced crypto  —  The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash.  Others, like Taylor Swift, escaped.

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A look at Chinese streaming service Mango TV, run by state-owned Hunan Broadcasting System; QuestMobile: Mango TV had 280M MAUs in April 2023, vs. ~100M in 2019 (Takashi Kawakami/Nikkei Asia)

Takashi Kawakami / Nikkei Asia: A look at Chinese streaming service Mango TV, run by state-owned Hunan Broadcasting System; QuestMobile: Mango TV had 280M MAUs in April 2023, vs. ~100M in 2019  —  ‘Ride the Wind,’ other homegrown programs draw 280m users to streaming app  —  The latest season of the “Ride the Wind” …

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Meta’s Supplemental Privacy Policy for Threads says “your Threads profile can only be deleted by deleting your Instagram account”, surprising some users (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Meta’s Supplemental Privacy Policy for Threads says “your Threads profile can only be deleted by deleting your Instagram account”, surprising some users  —  Threads, Meta’s Twitter rival, is drawing users at an astounding pace, amassing 10 million signups in just seven hours …

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Mastercard says nine UK banks, including Lloyds and NatWest, signed up to use its AI-based Consumer Fraud Risk system, trained on years of transaction data (Olivia Solon/Bloomberg)

Olivia Solon / Bloomberg: Mastercard says nine UK banks, including Lloyds and NatWest, signed up to use its AI-based Consumer Fraud Risk system, trained on years of transaction data  —  Mastercard Inc. is selling a new artificial intelligence-powered tool that helps banks more effectively spot if their customers are trying to send money to fraudsters.

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TSMC does not expect China’s gallium and germanium export curbs to have any “impact on TSMC’s production”; a Chinese official said the rules are “just a start” (Ben Blanchard/Reuters)

Ben Blanchard / Reuters: TSMC does not expect China’s gallium and germanium export curbs to have any “impact on TSMC’s production”; a Chinese official said the rules are “just a start”  —  Taiwan’s TSMC (2330.TW), the world’s largest contract chipmaker, said on Thursday it does not expect …

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NYC law on AI use in hiring goes into effect; the law requires software audits, disclosure of impact on a race or gender, and fines of up to $1.5K/violation/day (Lauren Weber/Wall Street Journal)

Lauren Weber / Wall Street Journal: NYC law on AI use in hiring goes into effect; the law requires software audits, disclosure of impact on a race or gender, and fines of up to $1.5K/violation/day  —  A closely watched effort to root out potential bias in hiring and promotion software goes into effect Wednesday

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Canada’s government suspends its ads on Facebook and Instagram in response to Meta’s move to drop news; Canada spent CA$11.4M on the platforms in FY 2021-22 (Randy Thanthong-Knight/Bloomberg)

Randy Thanthong-Knight / Bloomberg: Canada’s government suspends its ads on Facebook and Instagram in response to Meta’s move to drop news; Canada spent CA$11.4M on the platforms in FY 2021-22  —  The Canadian government is suspending its advertisements on Facebook and Instagram in response to Meta Platforms Inc.’s plan …

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Nansen: NFT royalties hit a two-year low in June, with one week of payouts dropping to ~$3.8M from a ~$76M April 2022 peak, as royalty-optional platforms rise (Cam Thompson/CoinDesk)

Cam Thompson / CoinDesk: Nansen: NFT royalties hit a two-year low in June, with one week of payouts dropping to ~$3.8M from a ~$76M April 2022 peak, as royalty-optional platforms rise  —  The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.

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The US military is running an eight-week exercise of five LLMs trained on classified info to test AI-enabled data for decision-making, sensors, and firepower (Katrina Manson/Bloomberg)

Katrina Manson / Bloomberg: The US military is running an eight-week exercise of five LLMs trained on classified info to test AI-enabled data for decision-making, sensors, and firepower  —  Matthew Strohmeyer is sounding a little giddy.  The US Air Force colonel has been running data-based exercises inside the US Defense Department for years.

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PitchBook: global crypto startup funding was $2.34B across 382 deals in Q2 2023, down for the fifth straight quarter; valuations fell nearly 70% YoY in H1 2023 (Jacquelyn Melinek/TechCrunch)

Jacquelyn Melinek / TechCrunch: PitchBook: global crypto startup funding was $2.34B across 382 deals in Q2 2023, down for the fifth straight quarter; valuations fell nearly 70% YoY in H1 2023  —  Q2 saw $2.34B in capital across 382 blockchain and crypto deals  —  Funding for crypto startups continues to grow scarcer.

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