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AI

Bumble's Dating 'AI Concierge' Will Date Hundreds of Other People's 'Concierges' For You (fortune.com) 5

An anonymous reader quotes a report from Fortune: Imagine this: you've "dated" 600 people in San Fransisco without having typed a word to any of them. Instead, a busy little bot has completed the mindless 'getting-to-know-you' chatter on your behalf, and has told you which people you should actually get off the couch to meet. That's the future of dating, according to Whitney Wolfe Herd -- and she'd know. Wolfe Herd is the founder and executive chair of Bumble, a meeting and networking platform that prompted women to make the first move. While the platform has now changed this aspect of its algorithm, Wolfe Herd said the company would always keep its "North Star" in mind: "A safer, kinder digital platform for more healthy and more equitable relationships. "Always putting women in the driver's seat -- not to put men down -- but to actually recalibrate the way we all treat each other."

Like any platform, Bumble is now navigating itself in a world of AI -- which means rethinking how humans will interact with each other in an increasing age of chatbots. Wolfe Herd toldBloomberg Technology Summit in San Francisco this week it could streamline the matching process. "If you want to get really out there, there is a world where your [AI] dating concierge could go and date for you with other dating concierge," she told host Emily Chang. "Truly. And then you don't have to talk to 600 people. It will scan all of San Fransisco for you and say: 'These are the three people you really outta meet.'" And forget catch-ups with friends, swapping notes on your love life -- AI can be that metaphorical shoulder to cry on.

Artificial intelligence -- which has seen massive amounts of investment since OpenAI disrupted the market with its ChatGPT large language model -- can help coach individuals on how to date and present themselves in the best light to potential partners. "So, for example, you could in the near future be talking to your AI dating concierge and you could share your insecurities,"Wolfe Herd explained. "'I've just come out of a break-up, I've got commitment issues,' and it could help you train yourself into a better way of thinking about yourself." "Then it could give you productive tips for communicating with other people," she added. If these features do indeed come to Bumble in the future, they will impact the experience of millions.

China

Tech Exec's Videos Spark Clash Over China's Work Culture 7

Search giant Baidu fires its head of public relations after she outraged Gen Z workers. From a report [non-paywalled link]: The head of public relations at a major Chinese tech firm gained hundreds of thousands of followers seemingly overnight after posting a series of viral videos laying out her unapologetically tyrannical management style. The videos also earned her a pink slip from her employer after they set off an explosion of criticism among Gen Z Chinese fed up with the intense work culture that prevails in their country's tech industry.

"I'm not your mother-in-law. I'm not your mom," Qu Jing, a vice president at Chinese search giant Baidu, said in one widely excoriated clip, referring to a colleague who was struggling with a recent breakup. "I only care about your results." In other videos, she criticized employees who didn't want to work weekends and dismissed complaints from one subordinate that messages she sent to a group chat late at night had kept a crying child awake. "Why should it be my business that your child was crying?" she said.

On Thursday, as public outrage soared, Qu removed the videos from her account on Douyin, TikTok's sister platform in China, and replaced them with an apology. She said she had tried to do a good job but had been too impatient and hadn't adopted "a proper approach." Baidu Chief Executive Robin Li was furious at Qu and fired her on Thursday, according to people familiar with the matter. A top Baidu executive told employees that Qu's comments were "inappropriate and didn't represent and reflect the real culture and values of Baidu," the people said. The management also promised to review the company's corporate culture and working systems, they said.

China's hard-charging tech industry relies heavily on a Darwinian work culture that demands near-total devotion to the workplace. Tech workers coined the term "996" to describe the typical schedule: 9 a.m. to 9 p.m., six days a week. Half a decade ago, videos like Qu's were just as likely to garner a shrug as generate controversy. But younger Chinese, much like their counterparts in the U.S., are increasingly skeptical of the pressure to work themselves ragged in pursuit of financial success. They have coined their own terms -- "lying flat" and "letting it rot" -- to describe their antipathy to the grinding ethos of 996.
Businesses

India Unable To Impose Caps on Mobile Payments Market Share, Four Years On 4

Eight years ago, a coalition of retail banks in India built a mobile payments system called the UPI. The system is interoperable, allowing users to make instant peer-to-peer transactions between them -- across all participating banks -- and to merchants at zero cost. Today, it processes more than 12 billion transactions each month -- more than all card payments combined in India -- and has become the most popular way Indians transact online. Many U.S. giants have cited UPI as an example that other countries should also explore developing. We have also covered UPI several times over the years.

NPCI, a quasi-regulator founded by India's central bank, oversees UPI. Four years ago, it announced plans to enforce a market share cap on each participating player. The quasi-regulator didn't want few players to become too powerful and any single participant to process more than 30% of all UPI transactions in a month. It later postponed the deadline to January 1, 2025. Walmart-owned PhonePe and Google Pay command more than 86% of the UPI market. Now, the NPCI is reportedly planning to extend the deadline again by up to two years. The reason? TechCrunch reports: The NPCI had initially planned to enforce the market share cap in January 2021, but postponed the deadline to January 1, 2025. TechCrunch had previously reported that the regulator was moving towards extending the deadline further after concluding that there is no practical solution to address the issue. One can argue that the NPCI shouldn't be interfering with free market forces and let people decide which apps they wish to use. TechCrunch adds: However, several UPI providers admit that an incentive plan that unfairly differentiates [one of the proposed solutions by some industry players] against PhonePe and Google Pay will be a bad look for the ecosystem and could send wrong signals to the investor community. U.S.-based investors, including Accel, Lightspeed, Tiger Global, Insight Partners, Invesco, Vanguard, BlackRock and Fidelity, are among some of the most prolific investors in Indian public firms and startups. Some of the choices made by the RBI [India's central bank] and other regulators have already spooked many investors.
Canada

Canadian Petition That Games Must Remain Functional At EOL (ourcommons.ca) 40

Zitchas writes: The practice of having games require a connection to a publisher's server -- whether it is to check for a license or to access plug-ins and DLC -- is an increasingly common thing in computer software; and many people are concerned that at some point in the future the publisher will shut down their server, and effectively render the person who paid for the game left with something that no longer functions. This has already happened to some games and software

Concerned citizens in Canada are taking the issue to their Parliament in order to push for a law that will mandate that when the server-side support for software is discontinued, companies must leave it in a functional state and remove mandatory connections to servers -- services that no longer exist. Perhaps even more importantly, the petition also asks government to pass a law prohibiting EULA's from forcing users to agree to waiving their right to this. Unfortunately, the petition is only open to citizens of Canada, so the rest of us are out of luck. Considering the potential benefits to the rest of the world if they enact legislation that does this, though, it might be worth suggesting to any of your Canadian friends to go sign the petition.

Earth

Tornadoes Are Coming in Bunches. Scientists Are Trying To Figure Out Why. (nytimes.com) 48

The number of tornadoes so far in the United States this year is just above average. But their distribution is changing. From a report: Tornadoes tend to travel in packs these days, often with a dozen or more forming in the same region on the same day. On the worst days, hundreds can form at once. More than a dozen tornadoes were reported on both Monday and Tuesday this week across the Great Plains and the Midwest, according to the Storm Prediction Center run by the National Oceanic and Atmospheric Administration. Two weeks ago, on the most active day in April, 105 tornadoes were reported. While outbreaks like these have always happened, they have become more common in recent decades.

The total number of tornadoes in the United States each year has stayed relatively consistent over the last several decades, but they now happen in more concentrated bursts over fewer days during the year. In the 1950s through the 1970s, on average about 69 percent of tornadoes in the United States happened on days with fewer than 10 tornadoes, and about 11 percent happened on days with 20 or more tornadoes. These percentages have shifted significantly in recent decades, according to a 2019 study. The researchers found that since 2000, on average only about 49 percent of tornadoes have happened on less busy days and about 29 percent have happened on days with 20 or more tornadoes.

"Now when tornadoes happen, they often happen in an outbreak environment," said Tyler Fricker, an assistant professor of geography at the University of Louisiana Monroe and one of the authors of the study. While the timing of this trend lines up with the planet's rising temperatures, scientists are hesitant to definitively attribute tornadoes' clustering behavior to human-caused climate change.

AI

Apple Might Bring AI Transcription To Voice Memos and Notes (appleinsider.com) 4

Apple's plans for AI on the iPhone could bring real-time transcription to its Voice Memos and Notes apps, according to a report from AppleInsider: People familiar with the matter have told us that Apple has been working on AI-powered summarization and greatly enhanced audio transcription for several of its next-gen operating systems. The new features are expected to enable significant improvements in efficiency for users of its staple Notes, Voice Memos, and other apps. Apple is currently testing the capabilities as feature additions to several app updates scheduled to arrive with the release of iOS 18 later in 2024. They're also expected to make their way to the corresponding apps in macOS 15 and iPadOS 18 as well.
AI

CEO of World's Biggest Ad Firm Targeted By Deepfake Scam 8

The head of the world's biggest advertising group was the target of an elaborate deepfake scam that involved an AI voice clone. From a report: The CEO of WPP, Mark Read, detailed the attempted fraud in a recent email to leadership, warning others at the company to look out for calls claiming to be from top executives. Fraudsters created a WhatsApp account with a publicly available image of Read and used it to set up a Microsoft Teams meeting that appeared to be with him and another senior WPP executive, according to the email obtained by the Guardian.

During the meeting, the impostors deployed a voice clone of the executive as well as YouTube footage of them. The scammers impersonated Read off-camera using the meeting's chat window. The scam, which was unsuccessful, targeted an "agency leader," asking them to set up a new business in an attempt to solicit money and personal details. "Fortunately the attackers were not successful," Read wrote in the email. "We all need to be vigilant to the techniques that go beyond emails to take advantage of virtual meetings, AI and deepfakes."
Games

EA Weighs Putting In-game Ads in AAA Games (tomshardware.com) 48

Electronic Arts CEO Andrew Wilson confirmed the company is considering putting ads in traditional AAA games, which players purchase for around $70 apiece. During EA's latest earnings call, Wilson said, "Advertising has an opportunity to be a meaningful driver of growth for us," and that teams are looking at how to thoughtfully implement ads within game experiences.

In-game advertising is not new, with the first recorded instance dating back to 1978. As the gaming industry is expected to grow to $583 billion by 2030, in-game ads are seen as a natural progression. However, player reception depends on the placement and unobtrusiveness of the ads. EA has faced backlash in the past for poorly placed ads, such as full-screen promotions for a TV show in UFC 4, which disrupted gameplay. The company has been experimenting with dynamic ads since 2006, with titles like Need for Speed Carbon and Battlefield 2142 among the first to feature them.
Japan

Japan is Fighting Against the Entire Investing World in the Currency Market (sherwood.news) 37

An anonymous reader shares a report: Japan's Ministry of Finance spent nearly $50 billion on April 29 and May 1 trying to prop up the value of the currency by selling US dollars and buying yen. Who was on the other side of this trade? Data from Deutsche Bank's foreign exchange trading platform suggests: literally everyone. "Nearly all client categories saw record USD/JPY buying during the assumed intervention days," writes George Saravelos, global head of FX research at the German bank, in a note to clients on Thursday.

"That absorption of USD/JPY selling from the Japanese Ministry of Finance was so broad-based continues to point to the lack of effectiveness of this policy." The Japanese yen is the weakest G10 currency in trading on Thursday, deepening its decline relative to the US dollar to nearly 10% so far this year. Very low rates in Japan increase the appeal of holding other currencies where investors can earn more interest. Strategists have warned that action from the Bank of Japan may be needed to reinforce the Ministry of Finance's attempts to guard against further yen weakness.

United Kingdom

UK Economy Emerges From Recession 18

The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed Friday, beating expectations. From a report: Economists polled by Reuters had forecast growth of 0.4% on the previous three months of the year. The U.K. entered a shallow recession in the second half of 2023, as persistent inflation continued to hurt the economy.

Although there is no official definition of a recession, two straight quarters of negative growth is widely considered a technical recession. The U.K.'s production sector expanded by 0.8% in the period from January to March, while construction fell by 0.9%. On a monthly basis, the economy grew by 0.4% in March, following 0.2% expansion in February. In output terms, the services sector -- crucial to the U.K. economy -- grew for the first time since the first quarter in 2023, the Office for National Statistics said. The 0.7% growth was mainly driven by the transport services industry which saw its highest quarterly growth rate since 2020.
Security

FBI Working Towards Nabbing Scattered Spider Hackers, Official Says (reuters.com) 12

The U.S. FBI is working towards charging hackers from the aggressive Scattered Spider criminal gang who are largely based in the U.S. and western countries and have breached dozens of American organisations, a senior official said. From a report: The young hackers grabbed headlines last year when they broke into the systems of casino-operators MGM Resorts International and Caesars Entertainment locking up the companies' systems and demanding hefty ransom payments. From health and telecom companies to financial services, they have hacked a range of organisations over two years, piling pressure on law enforcement agencies to thwart them.

"We are working towards charging individuals where we can with criminal conduct, in this case, largely around the Computer Fraud and Abuse Act," Brett Leatherman, the FBI's cyber deputy assistant director, told Reuters in an interview. The group was a rare alliance of hackers in Western countries with veteran cybercriminals from eastern Europe, he said on the sidelines of the RSA Conference in San Francisco Wednesday. "Often we don't see that mingling of geographical hackers working together outside the confines of like hacktivism, for example," he said. Security researchers have tracked Scattered Spider since at least 2022 and say the group is far more aggressive than other cybercrime gangs - skilled especially at hijacking the identities of IT helpdesk staff to penetrate into company networks. Caesars paid around $15 million to free its systems from the hackers.

AI

Will Chatbots Eat India's IT Industry? (economist.com) 58

Economist: What is the ideal job to outsource to AI? Today's AIs, in particular the Chatgpt-like generative sort, have a leaky memory, cannot handle physical objects and are worse than humans at interacting with humans. Where they excel is in manipulating numbers and symbols, especially within well-defined tasks such as writing bits of computer code. This happens to be the forte of giant existing outsourcing businesses -- India's information-technology companies. Seven of them, including the two biggest, Tata Consultancy Services (TCS) and Infosys, collectively laid off 75,000 employees last year. The firms say this reduction, equivalent to about 4% of their combined workforce, has nothing to do with ai and reflects the broader slowdown in the tech sector. In reality, they say, ai is an opportunity, not a threat.

Business services are critical to India's economy. The sector employs 5m people, or less than 1% of Indian workers, but contributes 7% of GDP and nearly a quarter of total exports. Simple services such as call centres account for a fifth of those foreign revenues. Three-fifths are generated by it services such as moving data to the computing cloud. The rest comes from sophisticated processes tailored for individual clients. Capital Economics, a research firm, calculates that an extreme case, in which ai wiped out the industry entirely and the resources were not reallocated, would knock nearly one percentage point off annual GDP growth over the next decade in India. In a likelier scenario of "a slow demise," the country would grow 0.3-0.4 percentage points less fast. The simplest jobs are the most vulnerable. Data from Upwork, a freelancing platform, shows that earnings for uncomplicated writing tasks like copy-editing fell by 5% between Chatgpt's launch in November 2022 and April 2023, relative to roles less affected by ai. In the year after Dall-e 2, an image-creation model, was launched in April 2022, wages for jobs like graphic design fell by 7-14%. Some companies are using AI to deal with simple customer-service requests and repetitive data-processing tasks. In April K. Krithivasan, chief executive of TCS, predicted that "maybe a year or so down the line" chatbots could do much of the work of a call-centre employee. In time, he mused, AI could foretell gripes and alleviate them before a customer ever picks up the phone.

Television

Streaming is Cable Now (theverge.com) 89

An anonymous reader shares a report: Disney Plus, Hulu, and Max are teaming up for a new bundle this summer, Netflix is focused on the WWE and celebrity boxing, Disney Plus is getting ESPN, and Bloomberg reported earlier this week that Max could get a price hike. A familiar refrain emerged around all this news: streaming is becoming cable TV all over again and getting crummier in the process.

And it's true! When streaming first emerged, it was a beautiful alternative to piracy, which was very convenient and very illegal, and cable, which was festooned with ads and weighed down by channels you were paying for and didn't want. Streaming gave you a world of content on demand for a fraction of the cost of cable. But that experience was never sustainable. Content costs money to make, and companies are apparently obligated to "increase revenue" and "make profit." This means Netflix spending billions of dollars a year on content isn't necessarily sustainable unless it's adding new users and monetizing them through some combination of ads and increasing subscription fees for stuff that used to be free, like sharing an account or streaming in 4K.

Medicine

The Most Detailed 3D Reconstruction of Human Brain Tissue (interestingengineering.com) 22

An anonymous reader quotes a report from Interesting Engineering: Imagine exploring the intricate world within a single cubic millimeter of human brain tissue. It might seem insignificant, but within that tiny space lies a universe of complexity -- 57,000 individual cells, 230 millimeters of blood vessels, and a staggering 150 million synapses, the junctions where neurons communicate. All this information translates to a mind-boggling 1,400 terabytes of data. That's the kind of groundbreaking achievement researchers from Harvard and Google have just accomplished.

Leading the charge at Harvard is Professor Jeff Lichtman, a renowned expert in brain structure. Partnering with Google AI, Lichtman's team has co-created the most detailed 3D reconstruction of a human brain fragment to date. This intricate map, published in Science, offers an unprecedented view of the human temporal cortex, the region responsible for memory and other higher functions. Envision a piece of brain tissue roughly half the size of a rice grain but magnified to reveal every cell and its web of neural connections in vivid detail. This remarkable feat is the culmination of nearly a decade of collaboration between Harvard and Google. Lichtman's expertise in electron microscopy imaging is combined with Google's cutting-edge AI algorithms. [...]

The newly published map in Science reveals previously unseen details of brain structure. One such discovery is a rare but powerful set of axons, each connected by up to 50 synapses, potentially influencing a significant number of neighboring neurons. The team also encountered unexpected structures, like a small number of axons forming intricate whorls. Since the sample came from a patient with epilepsy, it's unclear if these formations are specific to the condition or simply uncommon occurrences.

Mars

NASA's Proposed Plasma Rocket Would Get Us to Mars in 2 Months (gizmodo.com) 148

Last week, NASA announced it is working with a technology development company on a new propulsion system that could transport humans to Mars in only two months -- down from the current nine month journey required to reach the Red Planet. Gizmodo reports: NASA's Innovative Advanced Concepts (NIAC) program recently selected six promising projects for additional funding and development, allowing them to graduate to the second stage of development. The new "science fiction-like concepts," as described by John Nelson, NIAC program executive at NASA, include a lunar railway system and fluid-based telescopes, as well as a pulsed plasma rocket.

The potentially groundbreaking propulsion system is being developed by Arizona-based Howe Industries. To reach high velocities within a shorter period of time, the pulsed plasma rocket would use nuclear fission -- the release of energy from atoms splitting apart -- to generate packets of plasma for thrust. It would essentially produce a controlled jet of plasma to help propel the rocket through space. Using the new propulsion system, and in terms of thrust, the rocket could potentially generate up to 22,481 pounds of force (100,000 Newtons) with a specific impulse (Isp) of 5,000 seconds, for remarkably high fuel efficiency. [...]

The pulsed plasma rocket would also be capable of carrying much heavier spacecraft, which can be then equipped with shielding against galactic cosmic rays for the crew on board. Phase 2 of NIAC is focused on assessing the neutronics of the system (how the motion of the spacecraft interacts with the plasma), designing the spacecraft, power system, and necessary subsystems, analyzing the magnetic nozzle capabilities, and determining trajectories and benefits of the pulsed plasma rocket, according to NASA.

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