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☆ Apple's iPhone China shipments in February look even worse than estimated
▼ + stars: | 2024-03-26 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Apple's iPhone shipments in China have fallen again, government data show. Apple shipped roughly 2.4 million smartphones in February — a 33% drop from 2023, per Bloomberg. AdvertisementThe latest iPhone data out of China imply Apple's still having a tough time in one of its biggest markets. Counterpoint Research, in its report released in early March, estimated that iPhone sales in China had dropped by 24% in the first six weeks of the year. "In essence, Apple needs China, and China needs Apple."

Persons: —, Apple's, That's, it's, Dan Ives, Nicole Peng, Peng, Tim Cook, Ives Organizations: Apple, Bloomberg, Huawei, Service, China Academy of Information, Communications Technology, Counterpoint Research, Wedbush Securities, EU, China, Forum, CCP, Business Locations: China, Shanghai, Beijing

☆ Managers are worrying that their salaries will get cut because of AI, a survey found
▼ + stars: | 2024-03-25 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Nearly half of US managers surveyed by Beautiful.ai worry that AI tools can lower wages. Some managers say tools like OpenAI's ChatGPT could do their jobs better than them. AdvertisementManagers are worried that using powerful generative AI tools like OpenAI's ChatGPT in the workplace might cut their salaries. Of those surveyed, 48% of managers reported that AI tools are a "threat to their pay" and will "fuel wage declines" across the country in 2024. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business

☆ These are the 3 Apple patents analysts say could hit the production line
▼ + stars: | 2024-03-24 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Analysts predict which Apple patents are likely to become products. An Apple Watch with a camera, a hand wearable for the Vision Pro, and offline Siri may be possible. He identified three Apple patents he believes the company will likely make. AdvertisementThe patents Saini identified as "highly probable" include:1) An Apple Watch with a cameraApple's patent illustration of an Apple Watch with a camera. "Apple has been silently doing a lot of research on AI," analyst Saini said when asked about Apple's patents related to AI.

Persons: Siri, —, Apple's, Ming, Chi Kuo, Anmol Saini, Saini, Gene Munster, Munster Organizations: Apple, Apple Watch, Vision, Service, GreyB, United States Patent, USPTO, Asset Management, Bloomberg, Google, US Department of Justice

☆ I've made over $50,000 building AI tools for businesses. My main challenge: managing clients' expectations.
▼ + stars: | 2024-03-16 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

The 25-year-old's mission is to help clients make more money using large language models. Now, I run a consultancy that tries to help companies grow using AI — and business has been booming. Most projects use AI models from leading LLM providers like OpenAI, Anthropic, and Cohere. My main advice for businesses interested in adopting AI is to familiarize yourself with large language models and how they could be used to address specific pain points. After that, collect as much data as possible — from meeting recordings to marketing materials — that can be used to fine-tune the AI models.

Persons: Sasha Aptlin, —, ChatGPT, I've, that's Organizations: Service, Founders Locations: Dubai and New York, chatbots, San Francisco

☆ We asked ChatGPT and Claude to analyze Biden's cognitive abilities based on the Joe Biden-Robert Hur transcript. Their verdict: the president is doing fine.
▼ + stars: | 2024-03-15 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Read previewPresident Joe Biden's cognitive abilities may be better than some say they are — at least according to two AI chatbots. Some who analyzed it said Hur's claims about Biden's memory issues were overstated. And both chatbots' verdicts were that Biden's cognitive abilities are just fine. "These aspects are essential indicators of cognitive abilities and suggest that he could perform cognitively demanding tasks during the interview." AdvertisementWhen it came to Biden's memory, ChatGPT found that he displayed memory recall by describing interactions and processes related to handling classified documents with context.

Persons: —, Joe Biden's, Robert Hur, Hur, Biden, Beau, Beau died, Claude Pro, ChatGPT, Claude, Anthropic, didn't, Axel Springer Organizations: Service, Business, CNET

☆ Even Apple's $2 billion fine seemingly hasn't stopped its beef with Spotify
▼ + stars: | 2024-03-15 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Apple still hasn't responded to Spotify's request to update its EU app with price information. Spotify claims the silence is Apple's way of "avoiding" compliance with the DMA, per The Verge. Spotify issued the update a day after the EU hit Apple with a nearly $2 billion fine. AdvertisementNot even a nearly $2 billion fine from the European Commission seems to be able to stop Apple from beefing with Spotify. Apple reportedly hasn't acknowledged the update Spotify made to the European version of its app, according to an email Spotify sent to the EU Commission The Verge obtained.

Persons: —, hasn't Organizations: Apple, Spotify, EU, Service, Business

☆ A clip that's seemingly of the CEO behind Devin, the 'first AI software engineer,' at a math event is wowing viewers
▼ + stars: | 2024-03-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Read previewOn Tuesday, Scott Wu's startup Cognition launched what it claims to be the world's "first AI software engineer," Devin, creating quite the buzz — and a little discomfort — in the tech community. The autonomous AI developer, Cognition claims, is the first of its kind to write code, fix bugs, and train AI models, among other tasks, all on its own. Today we're excited to introduce Devin, the first AI software engineer. Devin is… pic.twitter.com/ladBicxEat — Cognition (@cognition_labs) March 12, 2024Cognition claims that Devin can radically change how software engineers do their jobs. And reactions to the capabilities of Devin — which Cognition claims can resolve 13.86% of coding issues found in open-source projects on GitHub — seem mixed.

Persons: —, Scott Wu's, Devin, Wu, Reddit, He's, Wu didn't, Peter Thiel's, Scott, Neal, …, Kyle Shevlin, Athagist, Devin —, Aravind Srinivas, Evan You, they'd, I'd, Bro, isn't Organizations: Service, Twitter, Raytheon, Business, Cognition, Harvard University, LinkedIn, Fund, Bloomberg Locations: Singapore

☆ AI could lead to human extinction, says report commissioned by US State Department
▼ + stars: | 2024-03-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

The US State Department commissioned a risk assessment that found AI could lead to human extinction. The State Department commissioned AI startup Gladstone to conduct an AI risk assessment in October 2022, about a month before ChatGPT came out. AdvertisementSome of the risks could "lead to human extinction," the report said. He believes there's a 10% chance AI will lead to total human extinction within the next 30 years. "Oh it's absolutely real and I think there's a conversation to have in terms of practical human extinction," Kiulian said.

Persons: —, Gladstone, ChatGPT, Jeremie Harris, Edouard Harris, Robert Ghrist, Ghrist, Geoff Hinton, there's, Lina Khan, Elon Musk, Lorenzo Thione, Thione, Artur Kiulian, Kiulian, David Krueger, Krueger, Aaron Mok Organizations: US State Department, Service, US Department of State, The State Department, United States, Google, Publicly, Penn Engineering, PlayStation, Cambridge University Locations: United, Iran

I canceled my appointment with an accountant to file my taxes using the IRS's Direct File tool. Screenshot of the IRS Direct File websiteOnce my eligibility was confirmed, I was prompted to create an IRS account. Direct File explained where to locate my wages and employee ID number on my W-2 form, which streamlined the data entry. Overall, the IRS Direct File was a useful tool that made filing my federal taxes a breeze. AdvertisementThat way, filing taxes could be less of a headache for all workers.

Persons: —, Janet Yellen, Dan Grover, ChatGPT Organizations: Service, Apple Vision, Netflix

☆ CEO says he tried to hire an AI researcher from Meta, and was told to 'come back to me when you have 10,000 H100 GPUs'
▼ + stars: | 2024-03-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

The CEO of an AI startup said he couldn't poach a Meta employee because it didn't have enough GPUs. "Amazing incentives" are needed to attract AI talent, he said on the podcast "Invest Like The Best." AdvertisementRecruiting AI talent appears to be a tough feat for some companies. AdvertisementThat could make it even harder to secure AI talent in the future. AdvertisementLeaning into that skillset, the CEO said, will help AI companies like Perplexity stand out in a sector dominated by Big Tech.

Persons: It's, —, Aravind Srinivas, Srinivas, Nvidia's, I'm, Meta didn't, OpenAI, skillset Organizations: Service, Meta, Nvidia, Netflix, Big Tech

☆ Tech workers reported feeling increasingly dissatisfied with their salaries. Layoffs may be fueling the frustration.
▼ + stars: | 2024-03-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Researchers at the tech job board surveyed 6,166 of the site's registered users and visitors near the end of 2023 to understand how tech workers feel about their salaries. But despite making almost double the amount the typical American does, tech workers surveyed reported feeling increasingly dissatisfied with their salaries. Tech workers early in their careers reported feeling more dissatisfied with how much they make than those with over 15 years of experience. "Now that companies are right-sizing staff and their salaries, they're also limiting bigger increases on salaries that became standard in previous years." Still, challenging economic conditions don't necessarily mean it's impossible for tech workers now to land a highly coveted, well-paying job.

Persons: —, Dice, they're, J.T, O'Donnell, that's Organizations: Service, Business, US Bureau of Labor Statistics, Tech, Meta, Google Locations: Silicon Valley

☆ Microsoft engineer sounds alarm on company's AI image generator in letter to FTC
▼ + stars: | 2024-03-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

AdvertisementJones claimed in the letter that Microsoft's AI image generator can add "harmful content" to images that can be created using "benign" prompts. Jones, Microsoft, and the FTC didn't immediately respond to Business Insider's request for comment before publication. AdvertisementThis isn't the first time Shane publicly vocalized his concerns about Microsoft's AI image generator. Microsoft isn't the only major tech company that's been slammed for its AI image generator. "In a competitive race to be the most trustworthy AI company, Microsoft needs to lead, not follow or fall behind," he wrote.

Persons: —, Shane Jones, Jones, Vader, FTC didn't, Shane, OpenAI's ChatGPT, Demis Organizations: Service, Microsoft, Federal Trade Commission, Copilot, Business, LinkedIn, Star, CNBC, FTC, Google, Gemini

☆ Nvidia may leapfrog Apple in value if the iPhone maker doesn't wow investors with AI soon, analyst says
▼ + stars: | 2024-03-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Apple needs to release GenAI services soon — or risk Nvidia overtaking it in value, analyst says. The prediction comes as Apple suffers a decline in iPhone sales in China. Apple is shifting its focus further towards generative AI after killing its electric car project. One key reason Apple may need to ramp up its generative AI efforts is because of iPhone sales headwinds. Leaders of the project reportedly said it nixed the car so employees on that team could instead work on generative AI.

Persons: —, Chi Kuo, Apple, Kuo, catchup, Tesla, Tim Cook hasn't, Microsoft's GitHub, Cook, Kuo didn't Organizations: Nvidia, Apple, Service, Twitter, Google, Counterpoint Research, Huawei, Microsoft, Bloomberg Locations: China

☆ Welcome to a new age of AI hardware. These are 5 AI-powered devices announced since OpenAI launched ChatGPT.
▼ + stars: | 2024-03-03 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Read previewAI-powered tech hardware is having a moment. Since OpenAI launched ChatGPT in November 2022, companies have been racing to cash in on the generative AI hype. Some companies are taking their AI efforts to the next level: integrating AI into flashy new consumer devices. Jony Ives, a tech analyst, called this new frontier of hardware innovation "the golden goose" for tech leaders in the next decade. AdvertisementRumors are swirling that Sam Altman, the CEO of OpenAI, is working with Jony Ives, the designer of the iPhone, on building a consumer AI device.

Persons: —, OpenAI, Jony Ives, Sam Altman Organizations: Service, Meta, Google, Business, Apple, Bloomberg

☆ Amazon adds 'frequently returned' warning label to Apple's FineWoven iPhone cases after slew of one-star reviews
▼ + stars: | 2024-03-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Amazon labelled Apple's FineWoven iPhone 15 case as a "Frequently returned item." AdvertisementApple's FineWoven iPhone 15 cases have been dragged on the internet for their seemingly questionable quality— and some customers want a refund. As of March 1st, Amazon has labeled Apple's FineWoven Case as a "Frequently returned item." Amazon flagged Apple's Finewoven iPhone case as a "Frequently returned item" as of March 1st. Some say the 'Finewoven' iPhone case fell apart after months of use.

Persons: —, Jordan Hart, pic.twitter.com, WnyFN2HhPk — Stuart Shelton, I've, Joanna Stern Organizations: Service, Amazon, Apple, CDC Locations: @srcshelton

☆ OnlyFans' CEO is tired of you calling it 'porn'
▼ + stars: | 2024-02-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Read previewOnce again, executives at OnlyFans want to make it clear: the platform isn't a porn site. Calling OnlyFans a place for "adult content" is a more accurate description of the platform than a porn site, Blair said. The site hosts a variety of content outside porn that caters to people aged 18 and older and adheres to its terms of service. Amrapali Gan, the former CEO of OnlyFans who stepped down from the helm in July 2023, said in an interview that there have been plenty of misconceptions about the site being explicitly made for porn. Blair told FT the company is "doing well financially."

Persons: —, Keily Blair, OnlyFans, Blair, didn't, Blair isn't, Amrapali Gan, Gan, bode, Rae Richmond Organizations: Service, Financial Times, Business, —

☆ Apple fans in China can't buy the Vision Pro yet, so they're lining up to rent it by the hour or day
▼ + stars: | 2024-02-28 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

Read previewPeople living in China are eager to try out the Apple Vision Pro before it launches in the country — and some are lining up to rent the headsets from third-parties, the South China Morning Post reported. It's unclear how Chinese third-party vendors get their Apple Vision Pros. AdvertisementFor people interested in enjoying some time with a Vision Pro in their own home, however, third-party vendors aren't just leasing the headsets in China. Photography equipment rental companies like Lensrentals and ShareGrid appear to be offering their own Apple headset rentals starting at $120 a day. Are you using the Apple Vision Pro in an interesting way?

Persons: —, Zhuan, SCMP, Tim Cook, hasn't, Apple didn't, Aaron Mok Organizations: Service, Apple Vision, China Morning Post, Business, VR, South China Morning, Apple Locations: China, Beijing, amok@insider.com

☆ Apple's EV exit shows the challenges of the once red-hot market
▼ + stars: | 2024-02-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

The ending is abrupt, but Apple's EV ambitions weren't easily realized. AdvertisementNurPhoto/Getty, Tyler Le/BIApple's departure shows how challenging the once red-hot EV market has become. In the long run, Apple's exit could even be spun as a win for the EV market. Less competition is rarely good, but some of Apple's employees could land at rival EV makers, providing a much-needed boost. OpenAI fires back at The New York Times.

Persons: Donald Trump, Nikki Haley, Tyler Le, Aaron Mok, weren't, Elon Musk, That's, Rivian, Spencer Platt, Mislav Matejka, Morgan Stanley's, Ellen Zentner, Zentner, Jamie Dimon, he's, Slaven, Jenny Chang, Rodriguez, Satya Nadella, It's, Reddit, isn't, Wendy's, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Republican, Apple, Bloomberg, Tesla, EV, Getty, Elon, Google, Microsoft, The New York Times, Times, Paramount, HP Locations: Michigan, China, New York, London

☆ Looks like there won't be an Apple car after all
▼ + stars: | 2024-02-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Apple is ending its electric car project about a decade in the making, sources told Bloomberg. Executives at the tech company broke the news to nearly 2,000 employees on the EV team. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementApple is reportedly abandoning a decadelong effort to manufacture its own electric car, sources familiar with the matter told Bloomberg. As of Tuesday, Apple executives Jeff Williams and Kevin Lynch internally broke the news to nearly 2,000 employees working on the EV team known as the Special Projects Group.

Persons: —, Jeff Williams, Kevin Lynch Organizations: Apple, Bloomberg, EV, Service, Special, Group, Business

☆ What's it like growing up when your dad is Microsoft's CEO? Steve Ballmer's son gave an interview about it.
▼ + stars: | 2024-02-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

"I was deeply uncomfortable with all this for the longest time," Pete Ballmer said in the interview released earlier this month. Pete Ballmer said his grandpa gave him a "decent percentage" of Microsoft stock, which he said was worth "hundreds and thousands of dollars" by the time he turned 25. Pete Ballmer said a " moderator" who acts like a financial advisor is now always there whenever he and his dad discuss finances. "I don't want people to see my car and think, 'He's got money,' " Ballmer said. Pete Ballmer didn't immediately respond to Business Insider's request for comment.

Persons: —, Pete Ballmer, Steve Ballmer, Ballmer, Pete Bronson, grandpa, Bronson, Uber, He's, Pete Ballmer didn't Organizations: Service, Microsoft, Forbes, Business, LA Clippers, Lincoln Town Locations: Oregon, Las Vegas

☆ 10 fascinating facts about Nvidia CEO Jensen Huang, who has a company tattoo and dozens of direct reports
▼ + stars: | 2024-02-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Nvidia cofounder and CEO Jensen Huang is on track to be one of the richest people in the world. Here are 10 surprising facts about Huang, from his Nvidia tattoo to his staggering number of direct reports. AdvertisementJensen Huang, the CEO and cofounder of Nvidia, is leading the charge towards an AI future — with his company making billions. He has a tattoo of Nvidia's logo on his shoulderNvidia founder, president and CEO Jensen Huang displays his tattoo in September 2010. "The more direct reports the CEO has, the less layers are in the company," Huang said during an interview at the 2023 DealBook Summit.

Persons: Jensen Huang, Huang, —, who's, it's, Lori, Chris Malochowsky, Curtis Priem, Robert Galbraith, you've, Fortune, Noah Berger, what's, He's, he'll, Jackie Chan Organizations: Nvidia, Service, Oneida Baptist Institute in, Wired, NPR, Oregon State University, HP, Stanford, New York Times, Wilson Jackets, New Yorker, Yorker, New York Times DealBook Locations: Oneida Baptist Institute in Kentucky, California, Shutterstock

☆ People are dragging Apple's Finewoven cases on social media, posting photos showing how bad they can look after months of use
▼ + stars: | 2024-02-26 | by ( Aaron Mok | ) www.businessinsider.com time to read: +1 min

Apple's Finewoven iPhone cases don't seem to be holding up as expected. Users complained on social media that the case retains scratches, stains easily, and discolors. Some even say the case is Apple's worst product and have switched to rival iPhone case brands. Since hitting the market last September, the Finewoven case was marketed as a luxurious case for the iPhone that could replace Apple's leather ones. But some iPhone 15 users have taken to social media to complain about the current physical condition of their cases.

Persons: —, it's browning, Joanna Stern, I've Organizations: Service, CDC, Business

☆ I've made over $3,500 editing ChatGPT-generated content. Here are 4 tips on how to make AI's writing sound more human.
▼ + stars: | 2024-02-25 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Now I make thousands of dollars editing AI-generated text so nobody could tell a machine made it. My journey into AI content editing began a little after ChatGPT came out. Interested in writing, I decided to offer AI content editing services through the freelance gig platform Fiverr. So far, I've made more than $3,500 from my AI content editing services through Fiverr. Artificial intelligence is still new, and the demand for AI content editors will only continue to grow, especially among lazy or busy people.

Persons: Sultan Ali, ChatGPT, I've, that's Organizations: Business Locations: Bahawalpur, Pakistan, Europe, Grammarly, Fiverr

☆ AI is having a '1995 moment'
▼ + stars: | 2024-02-23 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Read previewArtificial intelligence is having a 90s-like boom — and one analyst says Nvidia is leading the charge. "This is a 1995 Moment as now the AI Revolution and $1 trillion of incremental spending over the next decade is hitting the software ecosystem and rest of tech sector," Dan Ives, a tech analyst at Wedbush Securities, wrote in a recent analyst note. "The AI Revolution starts with Nvidia and in our view, the AI party and popcorn is just getting started," Ives said. "We started the AI journey with the hyperscale cloud providers and consumer internet companies," Huang said. "We're really just getting started," Huang said.

Persons: —, Dan Ives, Ives, Nvidia didn't, Jensen Huang —, Nvidia who's, Huang Organizations: Service, Nvidia, Wedbush Securities, Business, Adobe, Oracle

☆ Nvidia's sales fell 'significantly' in China — but it's still shipping chips to the country
▼ + stars: | 2024-02-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

Nvidia's data center revenue boomed across all regions but China due to trade restrictions. The chip giant is now shipping alternatives to the country that don't require a license. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . One place Nvidia didn't grow: China, where revenue declined "significantly following the US government export control regulations imposed in October," Nvidia's CFO Colette Kress said on the company's Q4 earnings call. That's heightened shareholder worries about Nvidia's ability to keep up sales in China's massive AI chip market.

Persons: —, Colette Kress, execs, Jensen Huang, Huang Organizations: Nvidia, Service, Business Locations: China

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