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Some are practicing something called "AI washing," which Securities and Exchange Commission chair Gary Gensler explained in a video includes "false claims to investors by those purporting to use those new technologies." In reality, what AI washing leads to is a breakdown of confidence between vendors and their consumers, enterprise partners and investors. Bates says so-called button-pushing applications are AI washing, too. "These prompts that are being sold as AI companies, they have to be maintained and monitored and adjusted in order to work." Stewart says even 80–90% gross profitability for a fully AI company with limited human intervention is standard.
Persons: they're, Gary Gensler, It's, it's, Michael Stewart, Timothy Bates, Bates, Toby Coulthard, Coulthard, Microsoft's, Stewart Organizations: Securities, Exchange, SEC, Inc, University of Michigan, Flint College of Innovation & Technology, Lenovo, General Motors
The Supreme Court denied military chaplains' lawsuit claiming retaliation for refusing the COVID-19 vaccine. The appellate court ruled that the Defense Department's decision in January 2023 to rescind the vaccine mandate rendered the chaplains' case moot. The Defense Department was later ordered to pay $1.8 million in legal fees as settlement for two lawsuits over the mandate. An aeromedical technician fills a syringe with the COVID-19 vaccine at the Pittsburgh International Airport Air Reserve Station in Pennsylvania. US Air Force photo by Joshua J. SeybertThe Defense Department began requiring service members to get the COVID-19 vaccine in August 2021.
Persons: , recrimination, Mauricio Campino, Israel Alvarado, Joshua J, Johnson Organizations: Defense Department, Service, Appeals, Fourth Circuit, Defense, Airmen, Dover Air Force Base, US Air Force, Austin, Pentagon, Navy, Fifth Circuit, US, The Defense Department, Pittsburgh International Airport Air Reserve, Moderna, Pfizer, Johnson, Air Force, Space Force Locations: Delaware, Israel Alvarado et, Pennsylvania, COVID, China
U.S. Secretary of State Antony Blinken waves as he prepares to depart Shanghai Hongqiao International Airport en route to Beijing, on April 25, 2024. The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Anthony Blinken said Friday, providing no update over the future of Chinese social media giant TikTok. During wide-ranging talks with Chinese officials in Beijing, Blinken said the two sides had agreed to the first U.S.-China intergovernmental dialogue on AI to discuss the risks and safety concerns surrounding the emerging technology. The U.S. imposed restrictions on Beijing's ability to access high-end tech and is moving close to banning social media app TikTok, unless its Chinese parent ByteDance sells it. Speaking at a press conference, Blinken said that TikTok "did not come up" in the talks.
Persons: Antony Blinken, State Anthony Blinken, Blinken Organizations: State, U.S Locations: Shanghai Hongqiao, Beijing, U.S, China
Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, cited President Biden's signing in February of an executive order to strengthen the cybersecurity of U.S. ports . The nation's port system is the main point of entry for trade, employs 31 million people, and generates over $5.4 trillion for the U.S. economy. One of the key areas of concern for the Biden administration and the executive order is the security of Chinese-manufactured cranes. Biden administration officials recently warned the nation's governors about the threat to water systems. Isles said it is important to identify the critical safety and business systems at the nation's ports.
Persons: Seroka, Gene Seroka, Anne Neuberger, Biden's, Biden cybersecurity, Neuberger, Biden, Christopher Wray, Google's, Mandiant, Adam Isles, order's rulemaking Organizations: Department of Transportation Maritime Administration, Security Operations Center, National, Technology, Biden, Coast Guard, U.S, Mitsui, FBI, Congress, Chertoff Group, American Association of Port Authorities, CNBC, Port Locations: Angeles Harbor, United States, of Los Angeles, of, Angeles, U.S, China, State, Texas, Muleshoe, Cannon, Clovis , New Mexico, Iran, Pennsylvania, cybersecurity, Port of Los Angeles
CNN —A hacking group with ties to the Russian government is suspected of carrying out a cyberattack in January that caused a tank at a Texas water facility to overflow, experts from US cybersecurity firm Mandiant said Wednesday. Muleshoe officials replaced the hacked software system and took other steps to secure the network, Sanchez said. “Regulations have not required this low-hanging fruit to be addressed,” Serino told CNN. “I’ve never experienced this before but … we’re aware that those threats are out there,” Poling told CNN by phone. “The haphazardness is part of their pathological emphasis on psychological impact,” Dan Black, a Mandiant analyst, told CNN.
Persons: Mandiant, Jake Sullivan, Sullivan, Ramon Sanchez, Sanchez, , Gus Serino, ” Serino, ” Anne Neuberger, ” The, Harris, Neuberger, Buster Poling, Mike Cypert, Poling, “ I’ve, ” Poling, Nick Conger, Sandworm, ” Dan Black Organizations: CNN, FBI, Environmental Protection Agency, EPA, White, ” The Biden, Hale Center, Russian Embassy, State of, GRU, Locations: Texas, US, Muleshoe, Pennsylvania, Iran, United States, Russian, Ukraine, Lockney’s, Hale, Washington ,, State of Texas
Under the partnership, Microsoft will give G42 permission to sell Microsoft services that use powerful A.I. chips, which are used to train and fine-tune generative A.I. products shared with G42 and includes an agreement to strip Chinese gear out of G42’s operations, among other steps. “When it comes to emerging technology, you cannot be both in China’s camp and our camp,” said Gina Raimondo, the Commerce Secretary, who traveled twice to the U.A.E. The accord is highly unusual, Brad Smith, Microsoft’s president, said in an interview, reflecting the U.S. government’s extraordinary concern about protecting the intellectual property behind A.I.
Persons: Biden, , Gina Raimondo, Brad Smith Organizations: Microsoft, United Arab, U.S ., Commerce Locations: United Arab Emirates, China, Washington, Beijing, Gulf
Citi says it may be too early to classify bitcoin as "digital gold" despite its safe haven properties and recent correlation with the yellow metal. Many bitcoin fans regard the cryptocurrency as a digital version of gold because of its finite supply and its function as a store of value. Citi analyst Alex Saunders acknowledged that it can and has displayed both safe haven and risk asset behaviors, but said the digital gold analogy isn't yet warranted. Bitcoin does not yet exhibit the 'store-of-value' properties of gold, despite both being limited-supply, zero-coupon-bearing instruments." "Adoption of the emergent blockchain technology will be key to the long-term utility of bitcoin and other cryptocurrencies," he added.
Persons: Alex Saunders, , Saunders, bitcoin, Michael Bloom Organizations: Citi Locations: East
AI stocks are taking off. Here's everything you need to know before investing in this emerging technology sector.
Speaking in Washington at a lunch with American CEOs, Prime Minister Fumio Kishida said Japan welcomes American collaboration in “critical and emerging technology” and assured them that any investment would flow both ways. Last year, Japanese foreign direct investment to the US exceeded $750 billion, Kishida said, making Japan the biggest foreign investor in America and creating more than 1 million jobs. It is reportedly the company’s largest ever investment in Asia’s second largest economy. Earlier this month, Japan’s industry ministry approved subsidies worth up to 590 billion yen ($3.9 billion) for Rapidus. It comes as Washington adds increasing restrictions on the types of semiconductors that American companies are able to sell to China.
Persons: Hong Kong CNN —, Fumio Kishida, , Kishida, Joe Biden, Brad Smith, Gary Cohn, Sanjay Mehrotra, Ted Colbert, Albert Bourla, Mayumi Maruyama Organizations: Hong Kong CNN, Microsoft, Microsoft Research Asia, IBM, Micron Technology, Boeing, Defense, Space & Security, Pfizer, CNN, US Chamber of Commerce, , Intel, Samsung, US Locations: Tokyo, Hong Kong, Japan, Washington, American, United States, America, Asia’s, Russia, South, Taiwan, Hokkaido, chipmaking, China, Europe, Asia, Germany
US Steel's plant in Gary, Indiana, aims to deploy carbon capture to reduce its carbon footprint by 2026. Climate groups and some scientists say carbon capture is unproven and will worsen global warming. If completed, the project would be the first commercial carbon capture at a steel plant. A 3D rendering of where CarbonFree's carbon capture technology will attach to US Steel's mill. "It's not a viable pathway to decarbonize GaryWorks," Inskeep said of carbon capture.
Persons: Erika Chan, It's, CarbonFree, Martin Keighley, Keighley, , Ben Inskeep, Inskeep, GaryWorks, We've, hasn't, Chan, Joe Biden Organizations: Service, US Steel, Keighley, Citizens Action Coalition of Indiana, Steel, Cleveland Cliffs, Department of Energy, Nippon Steel, The United Steelworkers Locations: Gary , Indiana, Lake Michigan, GaryWorks, Indiana, Gary, East Arkansas, Cleveland, Ohio, Pennsylvania
Here are nine AI jobs that don't require programming skills, from policy analysts to sales engineers. AI product managerCompanies are looking to hire professionals who can bridge the gap between technical AI development and business acumen. Ideal candidates combine a deep technical understanding with "strong sales and communication" skills to demonstrate value to potential clients. AI business analystCompanies new to AI may wonder just how and where to deploy the technology. AI policy analystExpertise in public policy may help you land a job as an AI policy analyst.
Persons: , they're, J.T, O'Donnell, Alex Libre, Biden Organizations: Service, LinkedIn, Einstellen, Companies, Employees, CIA
As the second quarter begins, we're taking stock of the AI trade. Microsoft leads There's no denying Microsoft's execution, which paved the way for generative AI to go mainstream and the company to then make money from the emerging technology. Alphabet may have messed up by letting Microsoft leap ahead on generative AI, but the company has years of experience in artificial intelligence research. That alone should tell you just how big these companies are betting that generative AI will indeed be transformative — on par with smartphones or the internet itself. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jefferies, There's, OpenAI's ChatGPT, Siri can't, Claude, Claude 3, That's, Meta, Jim Cramer's, Jim Cramer, Jim, Peter Dasilva Organizations: Microsoft, Jefferies, Google, Apple, Developers Conference, Amazon, CNBC, Olympus, Facebook Locations: Siri, U.S, Meta, Mountain View , California
When the pandemic hit, DeStefano-Tangorra joined the freelancing platform Upwork, pursuing technology and data analysis projects. Soon after, she left her corporate job to work full-time with clients on their data and intelligence strategy. "I decided, because my business started doing really well on the Upwork platform, that it was no longer a side business." Last year, there were 64 million Americans who freelanced for part or all of their income, making up 38% of the US workforce, per Upwork data. "I'm a salesperson, I'm a marketing person, I'm an accounting person, I'm a technology consultant."
Persons: , Jacqueline DeStefano, Tangorra, DeStefano, OBIS, I'm Organizations: Service, Omni Business Intelligence Solutions, Business, BI Locations: PwC
The House Select Committee on the CCP, established in January last year, led the legislative act to essentially ban TikTok in the U.S. if its Chinese parent ByteDance doesn't sell the popular social media app. watch nowThe House select committee in February also published a report alleging U.S. venture capital firms invested billions "into PRC companies fueling the CCP's military, surveillance state and Uyghur genocide." Similar research detailing the links between U.S. capital, venture firms in China and Chinese tech startups has started making its rounds in major media outlets since late 2023. The Senate in July overwhelmingly passed a bill that would have required U.S. investors in advanced Chinese technology to notify the Treasury Department. The Biden administration in August issued an executive order aimed at restricting U.S. investments into semiconductor, quantum computing and artificial intelligence companies citing national security concerns.
Persons: Ken Cedeno, that's, Mike Gallagher, Gallagher, Andrew King, King, Biden, Michael McCaul, Gregory W, Meeks Organizations: U.S, Capitol, Reuters, The U.S, Congress, Chinese Communist Party, CNBC, House Armed, Technologies, Innovation, Intelligence, CCP, Future, Ventures, Treasury Department, Treasury, Foreign, China's Ministry of Commerce, Financial Regulatory Administration Locations: Washington , U.S, Reuters BEIJING, The, China, United States, U.S, Beijing, San Francisco
Cohen, 46, will join Cloudflare, a San Francisco-based technology company aimed at helping businesses improve their internet security and performance. It will be a familiar role, as she served as Goldman's strategy chief from 2018 to 2020. Having spent 20 years inking deals within Goldman Sachs' investment banking unit, Cohen is no stranger to the boardroom. "But the reality is, Goldman Sachs is not a technology firm," Cohen said. When she broke the news to Argenti, he told her, 'This is exactly what you should do… this is exactly the right company," Cohen recalled.
Persons: Stephanie Cohen, Cohen, " Cohen, David Solomon, Goldman, Beth Hammack, Cloudflare, Solomon, John Waldron, Matthew Prince, Michelle Zatlyn, Goldman Sachs, it'll, Lloyd Blankfein, Brendan McDermid, Reuters Cohen, they're, I, Stephanie, Prince, she'll, Marco Argenti Organizations: Business, Cloudflare, IBM, University of Illinois, Goldman, Reuters, Financial Times Locations: San Francisco, Utah, Urbana, Champaign
It also created mechanisms for average users to sue social media companies if they believed the companies were unfairly applying their content moderation rules based on political leanings. Picture an empty timeline or your social media feed filled only with posts from companies paying to advertise on the platform. If these laws are permitted to stand, that's what the social media landscape could look like, at least until the sites update their business practices. And it might not stop at social media companies, Hurtwitz noted, due to the broad language in the laws. Advertisement"And what is social media?
Persons: SCOTUS, , Donald Trump, Paxton, Ron DeSantis, Justin, Gus, Hurwitz, Hurtwitz, Uber, there's, Jared Carter, Carter, it's, John Roberts, — you've, Samuel Alito, Hurwiz Organizations: Service, Moody, Republican, GOP Gov, University of Pennsylvania's Center for Technology, Innovation, Competition, Lawyers, Ars Technica, Vermont Law, Graduate School, Cornell Law, CNN Locations: United States, South Carolina, Texas, Florida
"The V2MOM had nothing about generative AI," Parker Harris, who co-founded the company with Benioff, told CNBC in an interview. Harris, a Salesforce board member and now the technology chief of Slack, which Salesforce bought in 2021, said he'd rather avoid the limelight. Without the Data Cloud, Harris told CNBC, "I think we would have been in a much worse place." He told Benioff he'd redo the plan, the person said. They'll be talking more frequently, as Harris said they're about to kick off weekly meetings on Slack and Salesforce integrations.
Persons: Parker Harris, Marlena Sloss, Marc Benioff, ChatGPT, Benioff, Salesforce, Harris, Slack, he'd, Sam Altman, Noah Berger, Robin, Batman, Frank Dominguez, Dave Moellenhoff, Bobby Yazdani, Larry Ellison, Yazdani, Dominguez, Brett Queener, who's, Queener, Salesforce.com, He's, Ruth Asawa, Josef Albers, Miles Davis, Donald Trump, Jason Alden, Marc, Kara Swisher, David Paul Morris, Adam Selipsky, it's, Stewart Butterfield, Lidiane Jones, Cal Henderson, Benioff's, Parker, Noah Weiss, Denise Dresser, Weiss, Parker Harris emoji, They'll, Salesforce integrations, Stefan Slowinski Organizations: Salesforce, Bloomberg, Getty, CNBC, Google, Microsoft, Middlebury College, Apple, San, San Francisco Bay Area, Metropolis Software, Software, Saba Software, Oracle, San Francisco's Telegraph, YouTube, Facebook, Economic, Salesforce.com Inc, Web, VMware, Employees Locations: San Francisco, Silicon Valley, English, Vermont, North Carolina, San Francisco Bay, Moellenhoff, Kincaid's, Burlingame, San Francisco's, Salesforce, France, Italy, Nantucket, San, Pacific, Davos, Switzerland, Cliff, New York, Las Vegas, Hawaii
Originally designed before America's entry into the Second World War, the YB-49 flying wing was intended to be America's first intercontinental bomber. US Air ForceThe flying wingThe YB-49 was the final iteration of a flying wing bomber concept created by legendary aircraft designer Jack Northrop, founder of the Northrop Corporation. A larger test aircraft, the N-1M, was tested in July of 1940, proving the potential of the flying wing design. The problems with aerial instability could now be solved by computers utilizing fly-by-wire technology and differential thrust, and so a flying wing design was submitted. In order to maintain a powerful bomber force and to keep up with technological innovation, the Air Force launched the Long Range Strike Bomber program in 2011.
Persons: , Northrop Grumman, Jack Northrop, Northrop, Dunne, elevons —, William Lewis, Defense Lloyd Austin Organizations: Service, US Air, US Air Force, Northrop Corporation, United States Army Air Forces, US Army Air Forces, Britain, USAAF, Air Force, Flag, Nellis, Nellis Air Force Base, Raider, Technology Bomber, Northrop, ATB, Defense Locations: Nazi, Europe, British, Jan, Yugoslavia, Iraq, Afghanistan, Libya
Altman’s return comes after an independent investigation found the board did not need to fire him in the first place. Altman in November was fired as CEO and director by the OpenAI board in a shocking dismissal of an executive who had become the face of AI in Silicon Valley. “I am excited to welcome Sue, Nicole, and Fidji to the OpenAI Board of Directors,” Taylor said in a statement. But Altman, Brockman and Sutskever in 2019 formed OpenAI LP, a for-profit entity that exists within the larger company’s structure. Altman, in the press conference, praised the company’s employees for their determination to do good work throughout its turmoil.
Persons: Sam Altman, Altman’s, Altman, OpenAI, – Altman, Larry Summers, Obama, Bret Taylor, Adam D’Angelo, Sue Desmond, Hellman, Nicole Seligman, Fidji Simo, , Sue, Nicole, ” Taylor, WilmerHale, , Mira Murati, Ilya Sutskever, Murati, “ Mira …, , ” Murati, Greg Brockman, Sam, Greg, Taylor, Brockman, Elon Musk, shakeup, , ” Altman Organizations: New, New York CNN, Microsoft, Clinton, Gates, Sony, OpenAI, New York Times Locations: New York, Silicon Valley, Sutskever
Jones was noodling with Copilot Designer, the AI image generator that Microsoft debuted in March 2023, powered by OpenAI's technology. "It was an eye-opening moment," Jones, who continues to test the image generator, told CNBC in an interview. watch nowMicrosoft's legal department told Jones to remove his post immediately, he said, and he complied. Jones said the risk "has been known by Microsoft and OpenAI prior to the public release of the AI model last October." "I am certainly convinced that this is not just a copyright character guardrail that's failing, but there's a more substantial guardrail that's failing," Jones told CNBC.
Persons: Jakub Porzycki, Shane Jones, Jones, OpenAI's DALL, Lina Khan, Khan, deepfakes, he's, Satya Nadella, Sam Altman, Justin Sullivan, Darth Vader, Elsa, Mickey Mouse, guardrail that's Organizations: Microsoft, Nurphoto, Copilot, CNBC, Commerce, Science, Transportation, Federal Trade, Google, Getty, pitchfork, Disney, Wars, Palestinian, Israel Defense Forces Locations: Krakow, Poland, Redmond , Washington, San Francisco, hoodies, Gaza
Computer science is not a new major at top schools, but with AI jobs in high-demand, there's a growing list of colleges and universities offering a four-year "AI" degree specifically. These programs generally move beyond the foundations of computer science to home in on topics such as machine learning, computing algorithms, data analytics and advanced robotics. Purdue University offers an AI undergraduate major, while many colleges and universities offer AI classes within their computer science department, even if there's not a dedicated major. The rise of AI-specific degree programs comes as companies are short on talent for this fast-developing field. According to the Georgetown University Center for Security and Emerging Technology, AI degrees have bucked the general trend in education since 2011, with positive degree conferral growth versus negative growth across all degree areas.
Persons: Carnegie Mellon, there's, Kerem Koca, Maria Flynn, Jobs, master's Organizations: University of Pennsylvania, Artificial Intelligence, Carnegie, Purdue University, Georgetown University Center for Security, Emerging Technology
Without ever clicking a mouse or touching a screen, Mark selected this command on his computer simply using signals from his brain. “I figured I had two choices: I could wallow in self-pity, or I could pick myself up by the bootstraps and do what I could to help,” Mark said. Synchron’s brain implant, the one Mark has, is called a Stentrode and consists of a stent with electrode sensors that can detect electrical brain activity. That external transmitter sits right above the internal transmitter and carries the signal from Mark’s brain to the computer almost instantaneously. Earlier this month, Musk also said Neuralink’s first human trial participant can control a computer mouse with their brain.
Persons: Sanjay Gupta’s, Erin Burnett OutFront, CNN —, Mark, Lou Gehrig’s, ” Mark, Elon Musk, , , Sanjay Gupta, Synchron, Tom Oxley, hardwired, he’s, Mark didn’t, “ We’d, Maria Nardozzi, ” Oxley, CNN Mark, Musk’s Neuralink, Oxley, António Guterres, ” Elon Musk, Gonzalo Fuentes, Neuralink, Musk, Hope Organizations: CNN, BCI, US Food and Drug Administration, Netflix, US Securities and Exchange Commission, United Nations, Reuters, SpaceX Locations: Neuralink, UNESCO’s, Pennsylvania
CNBC Daily Open: Upbeat sentiment over U.S. growth
  + stars: | 2024-02-27 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
Job seekers attend a Veteran Employment and Resource Fair in Long Beach, California, US, on Tuesday, Jan. 9, 2024. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Growth would have been faster in the fiscal fourth quarter if not for a sales reorganization, the company said. That's Super Micro Computer, a Nasdaq-listed company which makes AI systems and graphics processing unit servers, highlighted Louis Navellier, chairman and founder of Navellier & Associates.
Persons: Dow, Dimon, Jamie Dimon, Taylor Swift, Louis Navellier Organizations: The Department of Labor, CNBC, CSI, Nikkei, Nasdaq, Revenue, optimist, Nvidia, Navellier, Associates Locations: Long Beach , California, Asia, Pacific, Singapore
CNBC Daily Open: U.S. economy sparks optimism
  + stars: | 2024-02-27 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +1 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets tumbleWall Street closed lower Monday as investors awaited inflation data due later this week. It's real," Dimon told CNBC, calling himself a "big optimist" on the emerging technology. That's Super Micro Computer, a Nasdaq-listed company which makes AI systems and graphics processing unit servers, highlighted Louis Navellier, chairman and founder of Navellier & Associates.
Persons: bitcoin, Dimon, Jamie Dimon, Gina Raimondo, Louis Navellier Organizations: CNBC, Dow Jones, Nasdaq, Revenue, optimist, Nvidia, Navellier, Associates Locations: U.S
While some optimists focus on AI's benefits in education, others fear that using AI in classrooms could catalyze cheating and misinformation. This is where AI literacy can be useful. Created within the Stanford Graduate School of Education, CRAFT is a collaborative effort of Stanford education researchers, software developers, and curriculum developers. Lee also told BI that AI literacy in classrooms "should involve recognition of where AI can be effective and where it requires extra vigilance." He said the school also hopes to grow CRAFT's teacher codesign fellowship through which fellows develop AI literacy lessons.
Persons: , OpenAI, Victor Lee, Lee, Matthew Ratz, Ratz, ChatGPT, Erin Reddick, who's, Reddick, Houghton Mifflin Harcourt Organizations: Stanford, Service, Allied Market Research, Arizona State University, ASU, Stanford Graduate School of Education, Montgomery College, TED, Ratz, Houghton Locations: North America, Jasper, Houghton Mifflin
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