Argentina’s central bank on Monday hiked its benchmark interest rate by 600 basis points to 97%, according to an official announcement, as the country battles to bring down inflation that hit 109% on an annual basis in April. Reuters had reported the hike decision on Sunday, citing a source, as Read more…
Amazon plans to bring ChatGPT-style product search to its web store, rivaling efforts by Microsoft and Google to weave generative artificial intelligence into their search engines. The e-commerce giant’s ambitions appear in recent job postings reviewed by Bloomberg News. One listing seeking a senior software development engineer says the company Read more…
A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return. The jobs lost in a monthslong cascade of white-collar layoffs triggered by overhiring and rising interest rates might never return, corporate executives and economists say. Companies are rethinking the value Read more…
Nothing is easier than to denounce the evildoer; nothing is more difficult than to understand him. – Fyodor Dostoevski
This is a very dishonest argument. They aren’t “seizing the sum total of human knowledge”. They aren’t “walling it off inside proprietary products”. All that data they used to train their models is still right where it was before, just as available to the world as it was before. They Read more…
Snapchat, “influencer” Caryn Marjorie created a virtual version of herself “powered by the latest artificial intelligence technology and thousands of hours of recordings of the real Marjorie,” reports Fortune. It’s the work of Forever Voices (which also offers pay-by-the-minute conversations with its voice-mimicking chatbot versions of Steve Jobs, Taylor Swift Read more…
Three companies “supplied millions of fake public comments to influence a 2017 proceeding by the Federal Communications Commission (FCC) to repeal net neutrality rules,” announced New York’s attorney general this week. Their investigation “found that the fake comments used the identities of millions of consumers, including thousands of New Yorkers, Read more…