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dr tech

'The first Twitter-fuelled bank run': how social media compounded SVB's collapse | Sili... - 0 views

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    "The collapse of SVB was the second-largest bank failure in the history of the United States. The largest, Washington Mutual in 2008, took place over the course of eight months. SVB's collapse played out in barely two days. Anxious Twitter posts and WhatsApp exchanges, coupled with the ease of access that online banking provides, are seen by analysts as a serious catalyst for the current crisis. Experts suggest that in the social media age, the psychological behaviour behind a bank run - mass fear from depositors of losing their savings - may be amplified and go viral quicker than bank officers and regulators can successfully respond."
dr tech

AI will end the west's weak productivity and low growth. But who exactly will benefit? ... - 0 views

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    "What is in doubt is who will benefit from the boost to productivity. What if all the gains are seized by a handful of tech giants? What if history fails to repeat itself, and AI destroys more jobs than it creates? What if AI does lead to a net increase in employment, but the new jobs are less well-paid than the old ones? Put simply, what if it is different this time? That may well be the case. Much of the debate around the impact of AI is based on conjecture. There have been studies galore that have sought to estimate the number of jobs that will be affected - potentially running into the hundreds of millions globally - but nobody knows for sure. That said, certain conclusions can be drawn with a reasonable degree of confidence."
dr tech

Taylor Swift, the pope, Putin: in the age of AI and deepfakes, who do you trust? | Alex... - 0 views

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    "The end result of that was, of course, the foundational contribution that the French revolution made to democracy. But now here we are, those of us living in liberal democratic states that depend on an educated, engaged population for their continued existence, facing a 21st-century arbre de Cracovie. Except this one is incalculably more ubiquitous, more instantaneous, more overwhelming, and more powerful. And as voters around the world proceed through the biggest election year in history, I find myself increasingly wondering: can democracy survive social media?"
dr tech

The world is not quite ready for 'digital workers' | Artificial intelligence (AI) | The... - 1 views

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    "Seeing an opportunity, Franklin decided to take advantage. On 9 July, the company said that it would begin to support digital employees as part of its platform and treat them like any other employee. "Today Lattice is making AI history," Franklin pronounced. "We will be the first to give digital workers official employee records in Lattice. Digital workers will be securely onboarded, trained and assigned goals, performance metrics, appropriate systems access and even a manager. Just as any person would be." The pushback was swift - and, in many cases, brutal, particularly on LinkedIn, which is generally not known for its savage engagement like X (formerly known as Twitter). "This strategy and messaging misses the mark in a big way, and I say that as someone building an AI company," said Sawyer Middeleer, an executive at a firm that uses AI to help with sales research, on LinkedIn. "Treating AI agents as employees disrespects the humanity of your real employees. Worse, it implies that you view humans simply as 'resources' to be optimized and measured against machines. It's the exact opposite of a work environment designed to elevate the people who contribute to it.""
dr tech

'Remote' Amazonian Tribes Have Been Using the Internet for a Long Time - 0 views

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    "In a follow-up article published this week titled "No, a Remote Amazon Tribe Did Not Get Addicted to Porn," Nicas wrote that the aggregations of his article showed in part that the internet truly is a dark place, in part because of the way the story spread: "The Marubo people are not addicted to pornography. There was no hint of this in the forest, and there was no suggestion of it in The New York Times's article." In this article, Nicas blames the people who aggregated him for sensationalizing his article. That may be true, but Nicas's article is also sensationalist.  While the article does explore the history of Marubo people getting access to motor boats and radios and notes "(Some Marubo already had phones, often bought with government welfare checks, to take photographs and communicate when in a city)," it does not explain that many Marubo people have been using the internet for quite some time, and implies that the problems they are now grappling with are things that the Marubo people hadn't thought about before."
dr tech

How accurate are the viral TikTok AI POV lab history videos? - 0 views

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    "Murky and misty streets, coughing townsfolk, and the distant toll of a plague doctor's bell all feature in Hogne's most-watched video, which has racked up 53 million views. It has sparked fascination among many, but historian Dr Amy Boyington describes the medieval-themed video as "amateurish" and "evocative and sensational" rather than historically accurate. "It looks like something from a video game as it shows a world that is meant to look real but is actually fake." She points out inaccuracies like the depiction of houses with large glazed windows and a train track running through the town which wouldn't have existed in the 1300s. Historian and archaeologist Dr Hannah Platts has also noticed significant inaccuracies in a video depicting the eruption of Mount Vesuvius at Pompeii. "Due to Pliny the Younger's eyewitness account of the eruption, we know that it didn't start with lava spewing everywhere so to not use that wealth of historical information available to us feels cheap and lazy.""
dr tech

What 50 Years of Hurricane Data Still Hasn't Told Us - 0 views

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    "Because trends in data only become discernible with time, Masters believes it will be five or 10 years before we have a firm handle on what's going on."
jamandham

AVG can sell your browsing and search history to advertisers (Wired UK) - 0 views

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    The free antivirus software AVG is selling your online information for profit and you have no control over your privacy and security.
dr tech

Rutgers' online course tracks your knuckles, face, browser history - Boing Boing - 0 views

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    "Rutgers University's new program also uses a "behavior observation tool," which monitors student browser activity throughout an active session. While this feature is intended to prevent students from using the Internet to cheat on exams, the power that this grants instructors is extremely invasive. If a student accidentally leaves a personal or embarrassing website in their browser during an online course, a ProctorTrack instructor might stumble upon their activity."
dr tech

Snooper's charter: wider police powers to hack phones and access web history | World ne... - 0 views

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    "The bill will now allow police to access all web browsing records in specific crime investigations, beyond the illegal websites and communications services specified in the original draft bill. It will extend the use of state remote computer hacking from the security services to the police in cases involving a "threat to life" or missing persons. This can include cases involving "damage to somebody's mental health", but will be restricted to use by the National Crime Agency and a small number of major police forces."
dr tech

Largest dump in history: 2.7 billion records; 773 million of them unique; 140 million n... - 0 views

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    "A dump called "Collection #1" has been released by parties unknown, containing email addresses and cracked passwords: in its raw form, it contains 2.7 billion records, which Troy "Have I Been Pwned" Hunt (previously) de-duplicated to come up with 773 million unique records -- of those 140,000,000 email addresses and 10,000,000 passwords have never been seen in the HaveIBeenPwned database before."
dr tech

Why does it suddenly feel like 1999 on the internet? | MIT Technology Review - 0 views

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    "It's like turning the clock back to a more earnest time on the web, when the novelty of having a voice or being able to connect with anyone still filled us with a sense of boundless opportunity and optimism. It harkens back to the late 1990s and early 2000s-before social media, before smartphones-when going online was still a valuable use of time to seek community."
dr tech

This is how we lost control of our faces | MIT Technology Review - 0 views

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    "Raji says her investigation into the data has made her gravely concerned about deep-learning-based facial recognition. "It's so much more dangerous," she says. "The data requirement forces you to collect incredibly sensitive information about, at minimum, tens of thousands of people. It forces you to violate their privacy. That in itself is a basis of harm. And then we're hoarding all this information that you can't control to build something that likely will function in ways you can't even predict. That's really the nature of where we're at.""
dr tech

Auschwitz museum calls TikTok Holocaust trend 'hurtful and offensive' | TikTok | The Gu... - 0 views

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    "The Auschwitz museum has called a new trend, where users of video-sharing app TikTok role-play as Holocaust victims, "hurtful and offensive," but added that it did not want to shame young people involved. The museum at the site of the former Nazi death camp was responding to the point of view videos."
dr tech

Exclusive: Qatar World Cup will be most heavily surveilled tournament in history - 0 views

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    "Local organisers say that their artificial intelligence [AI] programmes are so advanced that they can tell whether a spectator is angry from analysing facial expressions. The cameras are sufficiently powerful that they can zoom in and identify each spectator in every single stadium seat."
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