Tech Leaders Support Regulating AI in Closed-Door Meeting
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Tech Leaders Support Regulating AI in Closed-Door Meeting
Tech Leaders , Support Regulating AI , in Closed-Door Meeting.
On September 13, leaders in the tech industry endorsed
the government regulating artificial intelligence during
a closed-door meeting at the U.S. Senate.
On September 13, leaders in the tech industry endorsed
the government regulating artificial intelligence during
a closed-door meeting at the U.S. Senate.
The private forum on Capitol Hill was organized
by Senate Majority Leader Chuck Schumer as part
of a push to legislate artificial intelligence.
The private forum on Capitol Hill was organized
by Senate Majority Leader Chuck Schumer as part
of a push to legislate artificial intelligence.
Associated Press reports that there is little consensus
regarding what form that regulation would take,
and potential legislation would be difficult.
AP reports that ideas presented in the meeting
included the creation of an independent agency to oversee
AI and how the U.S. can stay ahead of other countries.
.
According to Schumer, the goal is to maximize
the benefits of AI while also minimizing the risks.
Whether thatās enshrining bias,
or the loss of jobs, or even the
kind of doomsday scenarios that
were mentioned in the room.
And only government can
be there to put in guardrails, Chuck Schumer, Senate Majority Leader, via Associated Press.
Republican Presidential Candidate Donald Trump has chosen former critic JD Vance as his vice-presidential nominee. Vance, a 39-year-old Ohio Senator and author, was confirmed as VP pick by RNC delegates.
Despite past criticisms of Trump, Vance has become a strong supporter. After winning his Senate seat with Trump's endorsement in 2022, Vance is now attacking Joe Biden, calling him an "incapacitated president" and accusing Democrats of lying about Biden's health.
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Congressman Adam Schiff -- a prominent Democrat has added his voice to the growing number questioning Joe Biden's mental fitness. The California congressman --.. TMZ.com
Donald Trump was shot at today during an election rally in Pennsylvania. The former US President is reported to be safe and recuperating under medical care. However, conflicting reports are emerging about the incident. While Trump asserts that he was shot with a bullet that pierced the upper part of his right ear, law enforcement officials claim he was hit by glass fragments, possibly from a teleprompter broken by the bullets. This discrepancy has fueled conspiracy theories, with some social media users calling the event a staged 'photo op' for sympathy and votes. President Biden has condemned the attack as "sick," and tech mogul Elon Musk has publicly endorsed Trump following the incident. The true details of what happened remain under investigation.
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Supreme Court Rules , Against SEC's Authority, to Impose Fines.
NPR reports that the United States Supreme Court
recently voted 6-3 against the Securities and
Exchange Commission's policy on fraudulent conduct. .
NPR reports that the United States Supreme Court
recently voted 6-3 against the Securities and
Exchange Commission's policy on fraudulent conduct. .
Chief Justice John Roberts, writing for the court's
conservative majority, said the current rules deprive accused
transgressors of their constitutional right to a jury trial. .
Chief Justice John Roberts, writing for the court's
conservative majority, said the current rules deprive accused
transgressors of their constitutional right to a jury trial. .
The SEC relies on administrative
law judges (ALJ) to make legal conclusions
in cases brought before the agency.
The Supreme Court's decision has the potential
to send ripples through dozens of agencies,
from labor rights to energy regulation.
The Court did exclude from its decision those
agencies dealing with federal benefits, while some
conservative justices wanted the ruling to go further.
The three liberal justices
in dissent blasted the
decision by the majority. .
The case was brought by a former conservative
radio host and hedge fund manager, George Jarkesy,
following an SEC fraud investigation.
The case was brought by a former conservative
radio host and hedge fund manager, George Jarkesy,
following an SEC fraud investigation.
An in-house evidentiary hearing fined Jarkesy $300,000,
ordered him to pay back almost $700,000 in ill-gotten
profits and barred him from the securities industry.
Jarkesy argued that he was entitled to a jury trial
held in a federal court and that Congress lacked
the power to delegate such authority to the SEC.
NPR reports that Jarkesy's case was supported
by a number of conservative and business groups, and individuals such as Elon Musk.
NPR reports that Jarkesy's case was supported
by a number of conservative and business groups, and individuals such as Elon Musk
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk , Welcomes 12th Child.
Musk and Neuralink executive Shivon Zilis welcomed their third child together earlier this year, CBS News reports.
Musk recently confirmed the birth in a
'New York Post' interview but didn't
share the baby's name or sex.
He also addressed rumors
that the birth was a secret.
As for 'secretly fathered,'
that is also false. , Elon Musk, to the 'New York Post'.
All our friends and family know. Failure
to issue a press release, which would
be bizarre, does not mean 'secret.', Elon Musk, to the 'New York Post'.
Musk and Zilis also had twins in 2021,
months before the Tesla and SpaceX CEO
had a second child with Grimes.
Musk and Zilis also had twins in 2021,
months before the Tesla and SpaceX CEO
had a second child with Grimes.
He had a third child with Grimes in 2023.
In a 2022 tweet, Musk said that declining
birth rates represent "the biggest
danger civilization faces by far.".
He also said, "Doing my best to
help the underpopulation crisis.".
Many countries are already well
below replacement rate, and the
trend is that almost all will be. This is
simply a fact, not a 'debunked theory.', Elon Musk, to the 'New York Post'.
Musk also fathered six children with
Justine Wilson, although they lost their first child to Sudden Infant Death Syndrome (SIDS).
He was married to the
Canadian author from 2000 to 2008
Credit: Wibbitz Top Stories Duration: 01:30Published
Google Uses AI to Add , Over 100 New Languages to Translate.
Google Translate continues to get better,
as the company has used AI to add 110 new languages to the feature, Engadget reports. .
According to Google, the new languages represent over 600 million speakers,
or 8% of the worldwide population. .
Google referenced its LLM, PaLM 2, as "a key piece to the puzzle, helping Translate more efficiently learn languages that are closely related to each other," .
... "including languages close to Hindi, like Awadhi and Marwadi, and French creoles like Seychellois Creole and Mauritian Creole.".
Isaac Caswell, senior software
engineer for Google Translate, issued
a statement about the development.
As technology advances, and as
we continue to partner with expert
linguists and native speakers, we'll
support even more language varieties
and spelling conventions over time, Isaac Caswell, senior software engineer
for Google Translate, via Engadget.
The last time Translate had a sizeable number of languages added to it was in May of 2022.
At the time, the company utilized the help of Zero-Shot Machine Translation, which
"allows a model to learn a new language" without viewing examples, Engadget reports. .
Later in 2022, Google announced its
1,000 Languages Initiative.
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world. .
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world.
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .
Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. .
Within the past year,
Amazon's stock has gained 52%.
Part of that gain can be attributed
to investors' enthusiasm about the
company's AI endeavors, NPR reports. .
A big part of the valuation boost has
been cloud and AI. Amazon is going to
be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon CEO Andy Jassy recently said that
AI has rejuvenated the growth of AWS.
The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.
Amazon recently invested in Anthropic, a California
AI company, "to develop so-called foundation models
that underpin generative AI systems," NPR reports. .
Amazon also makes its own AI chips.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
Credit: Wibbitz Top Stories Duration: 01:30Published
YouTube Leaks Spark Concerns , About Google Employee Access , to Unpublished Videos.
Last week, PlayStation's lineup for the
State of Play event was leaked shortly after
the event was scheduled to appear on YouTube.
Last week, PlayStation's lineup for the
State of Play event was leaked shortly after
the event was scheduled to appear on YouTube.
The Verge reports that the leak has
contributed to concerns regarding Google
employees' access to videos before they go live.
The issue was recently highlighted
in reports by Insider Gaming
and 404 Media.
One of the leaks, which was noted by Tom Henderson
of Insider Gaming, involved KSI's 2022 attempt to
give away over $10,000 in Amazon gift cards.
However, an internal YouTube investigation was started
after KSI realized that all of the gift card codes had
already been redeemed prior to the video going live.
However, an internal YouTube investigation was started
after KSI realized that all of the gift card codes had
already been redeemed prior to the video going live.
A similar internal investigation
was opened after the trailer
for GTA VI leaked online. .
According to a report by 404 Media, a Google
contractor was responsible for the 2017 Nintendo
leak that revealed an early look at 'Yoshi's Crafted World.'.
The Verge reports that an image
of the game's trailer was posted to
Reddit just ahead of its big reveal at E3. .
The post contained an āadmin.youtube.comā URL,
which would suggest that an employee had
accessed the video prior to its public release.
According to a database entry reported on by
404 Media, Google confirmed that an employee
had gained access to and deliberately leaked the video.
Credit: Wibbitz Top Stories Duration: 01:31Published
Google Search Algorithm Documents , Have Been Leaked.
On May 29, Google confirmed that 2,500 internal documents have been leaked, The Verge reports.
The documents contain data that the
company uses for its search algorithm. .
Google spokesperson
Davis Thompson issued a statement.
We would caution against making
inaccurate assumptions about
Search based on out-of-context, outdated or incomplete information. , Davis Thompson, Google spokesperson, via statement.
Weāve shared extensive
information about how Search
works and the types of factors
that our systems weigh, while also
working to protect the integrity
of our results from manipulation, Davis Thompson, Google spokesperson, via statement.
The leaked documents suggest that the tech
giant may collect and use data that it
previously denied using for rankings.
such as "clicks, Chrome user data
and more," The Verge reports.
However, it's not clear what data is actually utilized to rank searches, as some info could be outdated or used for training purposes.
Nevertheless, the leak is likely to
make waves throughout "search engine optimization (SEO), marketing and
publishing industries," The Verge reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Mark Zuckerberg's Meta is rolling back restrictions on Donald Trump's Facebook and Instagram accounts ... making the reversal only days after Trump ripped Mark.. TMZ.com
Facebook and Instagram owner Meta says thereās a huge opportunity in the āsuper competitiveā artificial intelligence (AI) market, with the tech giant spending up to ā¬37 billion this year on developing infrastructure.
Credit: euronews (in English) Duration: 01:47Published
Musk Threatens Ban , After Apple Announces , OpenAI Partnership.
Reuters reports that Elon Musk has threatened to
ban Apple devices at his companies if the iPhone
producer goes forward with plans to integrate OpenAI.
Reuters reports that Elon Musk has threatened to
ban Apple devices at his companies if the iPhone
producer goes forward with plans to integrate OpenAI.
Reuters reports that Elon Musk has threatened to
ban Apple devices at his companies if the iPhone
producer goes forward with plans to integrate OpenAI.
That is an
unacceptable
security violation, Elon Musk, CEO of Tesla & SpaceX, via Reuters.
And visitors will have to
check their Apple devices
at the door, where they will
be stored in a Faraday cage, Elon Musk, CEO of Tesla & SpaceX, via Reuters.
On June 10, Apple announced a number of
new AI features to be introduced across
the company's apps and operating platforms. .
Apple also announced a new partnership
with OpenAI that will see ChatGPT technology
added to all of the company's devices.
According to Apple,
privacy was "at the core"
of its efforts to integrate AI.
It's patently absurd that
Apple isn't smart enough
to make their own AI, yet is
somehow capable of ensuring
that OpenAI will protect
your security & privacy!, Elon Musk, CEO of Tesla & SpaceX, via Reuters.
Previously, Musk sued OpenAI and its CEO Sam Altman
for abandoning the company's original mission to create
AI for the betterment of humanity rather than profit.
Previously, Musk sued OpenAI and its CEO Sam Altman
for abandoning the company's original mission to create
AI for the betterment of humanity rather than profit.
Following the legal challenge, Musk started his own startup, xAI, to challenge OpenAI with an alternative to the popular chatbot ChatGPT.
Following the legal challenge, Musk started his own startup, xAI, to challenge OpenAI with an alternative to the popular chatbot ChatGPT.
Reuters reports that Musk's xAI has been
valued at $24 billion, after raising $6 billion in
series B funding during its last funding round
Credit: Wibbitz Top Stories Duration: 01:30Published
Hertz Sells Teslas for $25,000 , Amid EV Slump.
Hertz Sells Teslas for $25,000 , Amid EV Slump.
Hertz Global Holdings has been trying
to unload Teslas since January.
The move comes after Hertz
revealed plans to buy hundreds of
thousands of electric vehicles (EVs) in 2021.
Our EVs can be found nationwide
in most major metros and
averaging around $25,000, Hertz spokesperson, via email to CNBC.
The sale reflects the EV market's
waning pace of growth.
Even though sales of electric vehicles have "more than quadrupled from 2020 to 2023,".
automakers are currently more concerned about selling hybrids, CNBC reports. .
So if you've been eyeing a Tesla for a
while but waiting for a more manageable price, Hertz' sale may be your answer.
Hertz-certified vehicles undergo
a 115-point inspection and come with
a 12-month/12,000 mile warranty.
Some used EVs are also eligible for tax credits.
Used car expert Yossi Levi offered tips
for purchasing used electric vehicles.
The best bang for the buck
for consumers in the market today,
bar none, is the used electric vehicle.
And the best-value purchase
is likely a three-year-old EV, Yossi Levi, Car Dealership Guy, via CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Some Early Tesla Bulls , Are Ditching the Stock.
Reuters reports that Tesla's shares
are down about 30% this year.
Since 2021, shares have fallen
over 50%, causing the company to
lose $600 billion in market value. .
Q1 results fell short of analysts' expectations.
As a result, many of Tesla's
institutional shareholders are saying
goodbye to the stock, Reuters reports. .
Gabelli Funds sold all of
its 65,900 shares in Q1. .
It started to feel like the
fundamentals were becoming
detached from reality. , John Belton, a portfolio manager at Gabelli Funds, via NPR .
We think the stock works best when
there are auto company fundamentals
that justify the stock price, John Belton, a portfolio manager at Gabelli Funds, via NPR .
Ross Gerber of Gerber Kawasaki Wealth
& Investment Management has sold
about 200,000 Tesla shares this year. .
I think the story is over,
is the best way to say it, Ross Gerber of Gerber Kawasaki Wealth
& Investment Management, via NPR.
Over the last year and a half, Elonās
personal quests based on the way that
he sees the world have superseded the
interests of Tesla and its shareholders, Ross Gerber of Gerber Kawasaki Wealth
& Investment Management, via NPR.
However, not all of Wall Street
has given up on the stock.
Five mutual funds tracked by Morningstar
increased their Tesla shares last quarter,
and 19 analysts have given Tesla a "buy" or "strong buy" rating, Reuters reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Tesla Recalls Vehicles , Over Faulty Seat Belt Warning System.
Over 125,000 Tesla vehicles are being recalled in the U.S., the National Highway Traffic Safety Administration (NHTSA) said on May 31.
The recall is due to a seat belt warning
system malfunction, NBC News reports. .
Some vehicles failed to flash
warning lights or make noise when a
driver didn't buckle up, the regulator said. .
The following vehicles
are affected by the recall:.
2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3 and 2020-2023 Model Y. .
An over-the-air software update will be released by Tesla in June to fix the issue.
Tesla recalled another 200,000 vehicles in January over a software malfunction that could impede drivers' visibility when reversing.
Almost 4,000 Cybertrucks were also recalled in April over a faulty accelerator pedal pad.
Last month, auto safety regulators
launched an investigation to determine
whether Tesla's December recall of
over 2 million vehicles was adequate.
The recall was to implement new Autopilot safeguards following a string of crashes.
Credit: Wibbitz Top Stories Duration: 01:31Published
Ukraine Appeals to US , Amid Republican Opposition to , New $325 Million Aid Package.
On September 21, Ukrainian President
Volodymyr Zelensky appealed to the
United States for continued support..
Credit: Wibbitz Top Stories Duration: 01:30Published
Elon Musk, Mark Zuckerberg and Bill Gates are set to gather at a closed-door Capitol summit led by Senate Majority Leader Chuck Schumer to discuss regulations on the fast-moving artificial intelligence..