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"The Bank of England has previously highlighted the impact of trading algorithms. "Some markets appear to have become more fragile, as evidenced by episodes of short-term volatility and illiquidity over the past couple of years," Threadneedle Street said last December, warning of a move towards "fast, electronic trading." "

"The lack of answers the Jacksonville sheriff's office have provided in Lynch's case is representative of the problems that facial recognition poses across the country. "It's considered an imperfect biometric," said Garvie, who in 2016 created a study on facial recognition software, published by the Center on Privacy and Technology at Georgetown Law, called The Perpetual Line-Up. "There's no consensus in the scientific community that it provides a positive identification of somebody.""

"In the last year, Facebook adjusted some of the most fundamental rules about what gets posted on its platform, halting algorithmic recommendations of political groups, banning lies about vaccines and removing a number of high-profile figures for spreading misinformation and hate - including Donald Trump. But researchers say the social media platform is not enforcing those policies as effectively when it comes to misinformation in Spanish - a blind spot that may prove deadly as health lies spread through the most vulnerable populations during the global vaccine effort."

"What might happen next? First the investigators would find out the culprits' names, telephone numbers, and where they lived. Then the authorities would be alerted. Shortly afterwards, accounts would be closed down. And, in the worst cases, the police would prosecute. Finally, as people began to realise that actions online had actual consequences, many would start modifying their behaviour. The tsunami of online hate might eventually become a sea swell."

YES IAN YOU SHOULD BE READING THIS! "The authors raise three arguments: first, that "notice and choice" has been a failure ("to opt out simply stay indoors!"); second, that facial recognition fears are technophobic overreactions, and finally, that facial recognition is uniquely powerful and dangerous and needs a regulatory framework separate from other privacy rules ("to opt out, just don't have a face")."

"It has led to a proliferation of fake news and clickbait. It has fuelled surveillance capitalism and normalised pervasive tracking and data-mining. If we want to do something about the proliferation of misinformation and erosion of trust in traditional institutions, it is not enough to regulate or factcheck political adverts. We need to crack down on the use of personal information for all targeted advertising. Otherwise democracy will continue to erode, one highly optimised click at a time."

"The answers to such questions will determine what regulatory oversight we believe is necessary or desirable, what role we think the government or unions should play in a new industry such as tech, and even how the industry and its titans ought to be discussed."

"According to the report, Twitter's security "problems" were only exacerbated by the push to remote work necessitated by the coronavirus pandemic. Like many other newly remote workers, Twitter's employees experienced tech problems working from home. Hackers were able to capitalize on this, tricking at least one Twitter employee into believing the hacker was a member of Twitter's IT team."

"In the beginning, we thought anonymity was part of the problem - that people being able to hide behind their screens without being identified were willing to say more extreme things than people who are named. But now you see people don't care about being named. They're willing to go to a public white supremacist rally unmasked with their full identity showing. They're proud of it. It doesn't make me believe more in humanity."

"The technology is seemingly not the problem, and in some respects it is not the solution either. High productivity growth will come only to those that learn how to use it best"

"Prisma Labs has already gotten into trouble for accidentally generating nude and cartoonishly sexualised images - including those of children - despite a "no nudes" and "adults only" policy. Prisma Lab's CEO and co-founder Andrey Usoltsev told TechCrunch this behaviour only happened if the AI was intentionally provoked to create this type of content - which represents a breach of terms against its use. "If an individual is determined to engage in harmful behavior, any tool would have the potential to become a weapon," he said."

"Will this AI take jobs from artists? Where does copyright law land? Can machines ever truly produce something original? Should I feel guilty for making a picture of Tony Soprano having a cappuccino with Shrek and sharing it with my group chat?"

"Oh, I just listen to bird sounds a lot and then try to emulate the kinds of things they do. Synthesizers are quite good at that because some of the new software has what's called physical modeling. This enables you to construct a physical model of something and then stretch the parameters. You can create a piano with 32-foot strings, for instance, or a piano made of glass. It's a very interesting way to try to study the world, to try to model it. In the natural world there are discrete entities like clarinets, saxophones, drums. With physical modeling, you can make hybrids like a drummy piano or a saxophone-y violin. There's a continuum, most of which has never been explored."

"Owned by the Chinese company ByteDance, TikTok's success - more than 1 billion users worldwide - is combining with well-established fears about social media's data collection practices and concerns over China's geo-political ambitions to generate a background hum of distrust about the app. "As the geopolitical situation changes I suspect we will see companies such as TikTok will continue to be treated with some caution in the west," says Alan Woodward, a professor of cybersecurity at Surrey University."

"Nepal has said it will ban TikTok, citing negative effects on the country's "social harmony". The popular video-sharing platform, which has around a billion monthly users, has faced restrictions in many countries for alleged breaches of data rules and for the potentially harmful impact on youth of some content. "The decision to ban was made today, and relevant authorities are currently addressing the technical issues," the minister for communications and information technology, Rekha Sharma, said on Monday."

"What's fascinating about all this is how much of it comes down, not to finance or technology, but to people and what they know. In that sense the FT's deep dive into TSMC's travails reminded me of a striking piece of research conducted decades ago by the philosopher of science Harry Collins when he was a PhD student. Collins was interested in how knowledge gets transferred and intrigued by a particular piece of technology, the TEA laser. This was a device that was comprehensively documented in the physics literature but which research laboratories were unable to replicate. What Collins discovered was that "nobody could make the laser work if they hadn't spent time in a laboratory that already had a working laser. There was very good information in the journals about how to build such a laser. But anybody who tried to put one together using written articles failed. They had something that looked like a laser on their bench, but it wouldn't lase.""