The Latest Online Culture War Is Humans vs. Algorithms

Brands and bots are barred from Spread, and, like PI.FYI, the platform doesn’t support ads. Instead of working to maximize time-on-site, Rogers’ primary metrics for success will be indicators of “meaningful” human engagement, like when someone clicks on another user’s recommendation and later takes action like signing up for a newsletter or subscription. He hopes … Read more

Recruiters Are Going Analog to Fight the AI Application Overload

So far, over 3,000 people have applied to one open data science vacancy at a US health tech company this year. The top candidates are given a lengthy and difficult task assessment, which very few pass, says a recruiter at the company, who asked to remain anonymous because they are not authorized to speak publicly. … Read more

ARK says it’s a unique time to invest

ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time. “We believe that this is a unique time in technological economic history,” he told … Read more

AI takes center stage at correspondents’ weekend TGAIFriday Lunch

Washingtonians delved into the world of artificial intelligence (AI) on Friday at the Washington AI Network’s inaugural White House correspondents’ weekend TGAIFriday Lunch. The event, held at The House at 1229’s headquarters, was presented by Meta — the parent company of Facebook and Instagram — and featured demos of the company’s latest technology. Spotty, Meta’s … Read more

Alphabet stock up on strong earnings, first-ever dividend, buyback

Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet shares shot up 10% on Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend and a $70 billion buyback. The company on Thursday reported … Read more

Amazing time to invest in cutting-edge tech including AI

ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief futurist, Brett Winton, told CNBC’s “ETF Edge” this week. “Both venture exposures and public innovation companies are incredibly well valued today to take a long-term investment.”  Winton worked with the ARK Invest team to create … Read more

Google Thinks It Can Cash In on Generative AI. Microsoft Already Has

Alphabet CEO Sundar Pichai is confident that Google will find a way to make money selling access to generative AI tools. Microsoft CEO Satya Nadella says his company is already doing it. Both companies reported better-than-expected quarterly sales and profit on Thursday. And the stock prices of both soared on the results, with Alphabet further … Read more

Meta stock down on weak revenue forecast

Meta shares tumbled 11% Thursday afternoon, on pace for their worst day since October 2022, after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat. The stock was trading at about $438 at 2:30 p.m. ET, wiping out roughly $141 billion in market cap from its $493.5 closing price before earnings on … Read more

Meta’s Open Source Llama 3 Is Already Nipping at OpenAI’s Heels

Jerome Pesenti has a few reasons to celebrate Meta’s decision last week to release Llama 3, a powerful open source large language model that anyone can download, run, and build on. Pesenti used to be vice president of artificial intelligence at Meta and says he often pushed the company to consider releasing its technology for … Read more

Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram

However, 3,000 ads for “AI girlfriends” and 1,100 containing “NSFW” were live on April 23, according to Meta’s ad library. WIRED’s initial review found that Hush, an AI girlfriend app downloaded more than 100,000 times from Google’s Play store, had published 1,700 ads across Meta platforms, several of which promise “NSFW” chats and “secret photos” … Read more