A study of more than 12,000 European firms found that AI adoption causally increases labour productivity by 4% on average across the EU, and that it does so without reducing employment in the short run. Researchers from the Bank for International Settlements and the European Investment Bank used an instrumental variable strategy that matched EU firms to comparable US firms by sector, size,...
Cleveland.com, the digital arm of Ohio’s Plain Dealer newspaper, has removed writing from the workloads of certain reporters and handed that job to what editor Chris Quinn calls an “AI rewrite specialist” who turns reporter-gathered material into article drafts. The reporters on these beats — covering Lorain, Lake, Geauga, and most recently Medina County — are assigned entirely to reporting,...
Andrew Yang, the former presidential candidate and longtime Universal Basic Income advocate, published a blog post this week warning that AI is about to displace millions of white-collar workers in the U.S. over the next 12 to 18 months, a wave he has taken to calling “the Fuckening.” Yang cited a conversation with the CEO of a publicly traded tech company who said the firm is cutting 15% of...
Linus Torvalds has told The Register how Linux went from a solo hobby project on a single 386 PC in Helsinki to a genuinely collaborative effort, and the path involved crowdsourced checks, an FTP mirror at MIT, and a licensing decision that opened the floodgates. Torvalds released the first public snapshot, Linux 0.02, on October 5, 1991, on a Finnish FTP server — about 10,000 lines of code...
New York, USA – The first internal testing phase of ONQ 5.0 has been successfully completed, marking a significant milestone in the development of OneAssets Capital’s cutting-edge automation trading platform. This milestone follows a strategic collaboration between OAC and a leading institutional partner, aimed at testing ONQ’s automation trading capabilities in real-world market...
An anonymous reader writes: Electric buses are proving unreliable this winter for Vermont’s Green Mountain Transit, as it needs to be over 41 degrees for the buses to charge, but due to a battery recall the buses are a fire hazard and can’t be charged in a garage. Spokesman for energy workers advocacy group Power the Future Larry Behrens told the Center Square: “Taxpayers were sold an $8...
Microsoft says a Microsoft 365 Copilot bug has been causing the AI assistant to summarize confidential emails since late January, bypassing data loss prevention (DLP) policies that organizations rely on to protect sensitive information. From a report: According to a service alert seen by BleepingComputer, this bug (tracked under CW1226324 and first detected on January 21) affects the Copilot...
A database left accessible to anyone online contained billions of records, including sensitive personal data that criminals appear to have not yet exploited.
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The crypto market brings a mixed view this week, showing some warning signs and new chances. Shiba Inu lately fell from $0.00000695 to $0.00000645, testing vital support. Now, the $0.0000067 resistance mark is vital for any good Shiba Inu price prediction, as a failure to hold may mean more flat or low trends. In contrast, […]
Ring’s AI-powered “Search Party” feature, which links neighborhood cameras into a networked surveillance system to find lost dogs, was never intended to stop at pets, according to an internal email from founder Jamie Siminoff obtained by 404 Media. Siminoff told employees in early October, shortly after the feature launched, that Search Party was introduced “first for finding dogs” and that the...
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Meta’s biggest election investment aims to prevent state legislation that it fears could inhibit artificial intelligence development. Its spending starts this week in Texas and Illinois.
WordPress has started rolling out an AI assistant built into its site editor and media library that can edit and translate text, generate and edit images through Google’s Nano Banana model, and make structural changes to sites like creating new pages or swapping fonts. Users can also invoke the assistant by tagging “@ai” in block notes, a commenting feature added to the site editor in...