Microsoft has closed its IoT & AI Insider Lab in Shanghai’s Zhangjiang hi-tech zone, marking the latest sign of the US tech giant’s retreat from China amid rising geopolitical tensions. The Shanghai lab, meant to help with domestic development of the Internet of Things (IoT) and artificial intelligence (AI) technologies, Read more…
After sitting below 4% for more than two years, the overall unemployment rate has topped that threshold since May… “We’re seeing a meaningful transition in the way work is done in the white-collar world, I tell people a wave is coming….” Thousands of video game workers lost jobs last year Read more…
The U.S. and China are racing to build a truly useful humanoid worker. Whoever wins could gain a huge edge in countless industries. “The time has come for robots,” Nvidia’s chief executive said at a conference in March, adding “This could very well be the largest industry of all.” China’s Read more…
According to an article in Wired, Elon Musk has appointed a team of technologists from DOGE to “rewrite the code that runs the SSA in months.” This codebase has over 60 million lines of COBOL and handles record keeping for all American workers and payments for all Social Security recipients. Read more…
The first clinical trial of a therapy bot that uses generative AI suggests it was as effective as human therapy for participants with depression, anxiety, or risk for developing eating disorders. Even so, it doesn’t give a go-ahead to the dozens of companies hyping such technologies while operating in a Read more…
China’s Cyberspace Administration and Ministry of Public Security have outlawed the use of facial recognition without consent. The two orgs last Friday published new rules on facial recognition and an explainer that spell out how orgs that want to use facial recognition must first conduct a “personal information protection impact Read more…
Countries must develop their own artificial intelligence infrastructure or risk significant economic losses as the technology transforms global economies. “It will have an impact on GDP of every country in the double digits in the coming years,” Mensch told the A16z podcast, warning that nations without domestic AI systems would Read more…