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dr tech

'The first Twitter-fuelled bank run': how social media compounded SVB's collapse | Silicon Valley Bank | The Guardian - 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

Twitter reportedly makes more cuts to online safety teams | Twitter | The Guardian - 0 views

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    "Twitter has made more cuts to its trust and safety team in charge of international content moderation, as well as a unit overseeing hate speech and harassment, Bloomberg reported on Friday. The move adds to longstanding concerns that new owner Elon Musk is dismantling the company's regulation of hateful content and misinformation."
dr tech

AI likely to increase energy use and accelerate climate misinformation - report | Artificial intelligence (AI) | The Guardian - 0 views

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    "Claims that artificial intelligence will help solve the climate crisis are misguided, with the technology instead likely cause rising energy use and turbocharge the spread of climate disinformation, a coalition of environmental groups has warned. Advances in AI have been touted by big tech companies and the United Nations as a way to help ameliorate global heating, via tools that help track deforestation, identify pollution leaks and track extreme weather events. AI is already being used to predict droughts in Africa and to measure changes to melting icebergs."
dr tech

What lies beneath: the growing threat to the hidden network of cables that power the internet | Internet | The Guardian - 0 views

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    "For many experts however, the greatest risk to the internet isn't sabotage, espionage, or even rogue anchors - but the uneven spread of the cable infrastructure that threads across the globe, binding the world's digital networks together. "There aren't cables everywhere," says Starosielski. "There is a concentration in the north Atlantic Ocean connecting the United States and Europe but there are not that many in the South Atlantic.""
shin_overlord

Drivers using phones or not wearing seat belts targeted by AI - 2 views

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    "A mobile camera will be taken to roads in East Yorkshire and Northern Lincolnshire to catch drivers using phones and those not wearing seat belts. Safer Roads Humber said the camera unit, which is on loan from National Highways, would be in use for a week from Monday 10 June. A spokesperson said: "It uses artificial intelligence (AI) to identify motorists potentially breaking the law."
dr tech

India Will Ask the U.S. Government for Help Spying on Its Citizens - 0 views

  • While governments in many countries, including India, have reacted with anger to this year’s revelations from former National Security Agency contractor Edward Snowden that the United States spied on foreign officials, several have also been increasing Internet surveillance at home
    • dr tech
       
      S+E Issue is Surveliiance - related to Gloablisation
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    "India has started using a system that allows security agencies and income tax officials to directly intercept phone calls and emails without any court or legislative oversight, Reuters reported this summer."
Max van Mesdag

Buddy, Can You E-Mail Me 100 Bucks? - BusinessWeek - 1 views

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    People in Japan already use it, but people in the United States are expected to use e-mail and mobile phones to transfer money. Will this be reliable and secure, though?
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    Do you think this article is biased at all - from his comments about "Banking on the mobile phone is relatively safe."? Make sure when you annotate the actual IT System that you are able to explain how it works... you have not tagged it with a social and ethical issue BTW?
smilingoldman

'Disinformation on steroids': is the US prepared for AI's influence on the election? | US news | The Guardian - 0 views

  • Already this year, a robocall generated using artificial intelligence targeted New Hampshire voters in the January primary, purporting to be President Joe Biden and telling them to stay home in what officials said could be the first attempt at using AI to interfere with a US election. The “deepfake” calls were linked to two Texas companies, Life Corporation and Lingo Telecom.
  • It’s not clear if the deepfake calls actually prevented voters from turning out, but that doesn’t really matter, said Lisa Gilbert, executive vice-president of Public Citizen, a group that’s been pushing for federal and state regulation of AI’s use in politics.
  • Examples of what could be ahead for the US are happening all over the world. In Slovakia, fake audio recordings may have swayed an election in what serves as a “frightening harbinger of the sort of interference the United States will likely experience during the 2024 presidential election”, CNN reported. In Indonesia, an AI-generated avatar of a military commander helped rebrand the country’s defense minister as a “chubby-cheeked” man who “makes Korean-style finger hearts and cradles his beloved cat, Bobby, to the delight of Gen Z voters”, Reuters reported. In India, AI versions of dead politicians have been brought back to compliment elected officials, according to Al Jazeera.
  • ...1 more annotation...
  • she said, “what if AI could do all this? Then maybe I shouldn’t be trusting everything that I’m seeing.”
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