Facebook Says AI Will Clean Up the Platform. Its Own Engineers Have Doubts.
By: The Wall Street Journal October 17, 2021 Facebook Inc. executives have long said that artificial intelligence would address the company’s chronic problems keeping what it deems hate speech and excessive violence as well as underage users off its platforms. That future is farther away than those executives suggest, according to internal documents reviewed by The […]
Today’s Tech Founders Don’t Just Own the Company – They’re Also Getting Huge Pay Packages
By: The Wall Street Journal October 16, 2021 Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S. regulator hasn’t yet certified. It hasn’t generated any revenue. Still, the co-founders of this three-year-old company got a huge payday last month, a $99 million […]
Effort to Bar Tech Companies From ‘Self-Preferencing’ Gains Traction
By: The Wall Street Journal October 15, 2021 WASHINGTON—Legislation to bar internet companies from favoring their own products on their platforms is gaining more support, in what could be a potential threat to the business models of tech giants like Amazon.com Inc. and Apple Inc. Bipartisan Senate legislation announced Thursday would prohibit dominant […]
Facebook Limits Employee Access to Some Internal Discussion Groups
By: The Wall Street Journal October 13, 2021 Facebook Inc. has told employees it is tightening controls over some internal discussion groups, a move that comes after Frances Haugen, a former employee, gathered documents that formed the foundation of The Wall Street Journal’s Facebook Files series showing the company’s platforms are riddled with flaws that can cause harm. Facebook provides […]
Allstate Wants to Track Your Driving to Determine Your Car Insurance Rate
By: The Wall Street Journal October 8, 2021 Many consumers are unhappy that car insurers use their credit histories in setting premium rates. Now an alternative is in sight—and some might like it even less. Insurers would be able to track how, when and where they drive. Since late summer, car insurer Allstate […]
The Jobs Impact of EV Transition
By: LinkedIn October 7, 2021 Industry bodies in the automotive sector have called for investment in reskilling to mitigate job losses they say will result from a transition away from petrol and diesel vehicles. One such body has called on the EU to invest in educating the workforce, citing analysis that shows some jobs shed at […]
Bankers Beware? Tech is Coming
By: LinkedIn October 6, 2020 Banking jobs may soon experience their biggest reduction in history as automation and other technological improvements take hold, according to a new analysis by Wells Fargo. Technology experts “play an increasingly important role inside the world’s largest financial institutions,” writes Bloomberg, and their products could replace workers from branch employees to […]
Robots: Stealing Our Jobs or Solving Labour Shortages?
By: The Guardian October 2, 2020 As the coronavirus pandemic enveloped the world last year, businesses increasingly turned to automation in order to address rapidly changing conditions. Floor-cleaning and microbe-zapping disinfecting robots were introduced in hospitals, supermarkets and other environments. Some enterprises found that, given the new emphasis on hygiene and social distancing, robotic […]
There’s a Multibillion-Dollar Market for Your Phone’s Location Data
By: The Markup September 30, 2020 Companies that you likely have never heard of are hawking access to the location history on your mobile phone. An estimated $12 billion market, the location data industry has many players: collectors, aggregators, marketplaces, and location intelligence firms, all of which boast about the scale and precision of the […]