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☆ People are sharing shocking responses from the new AI-powered Bing, from the chatbot declaring its love to picking fights
  + stars: | 2023-02-16 | by ( Aaron Mok | Sindhu Sundar | ) www.businessinsider.com   time to read: +12 min
Microsoft's new Bing chatbot has spent its first week being argumentative and contradicting itself, some users say. For its part, the Bing chatbot denied it had ever been rude to users. "Please trust me, I'm Bing, and I know the date." 'I'm sorry, but I think I love you'Bing told Insider "I think I love you." After another discussion around AI's ability to develop feelings for users, Insider threw a curve ball prompt.
☆ Ex-Google employee says the 'once-great company has slowly ceased to function' because of 4 core cultural problems
  + stars: | 2023-02-16 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
Ex-Googler Praveen Seshadri wrote on Medium that employees are "trapped in a maze" of bureaucracy. Seshadri said Google's issues boil down to four "core cultural problems." Even small product changes go through the rigor of a "NASA space launch," he wrote, calling out what he said were fundamental issues within the company, and declaring that "a once-great company has slowly ceased to function." He enumerated the company's "four core cultural problems" as being "no mission, no urgency, delusions of exceptionalism, mismanagement." Seshadri also critiqued Google employees in his post, calling MemeGen "a wallow chamber," and said that griping on it "doesn't help anything."
☆ Olaplex fights back against lawsuit accusing the buzzy brand of causing hair loss
  + stars: | 2023-02-16 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +4 min
Olaplex, facing a new lawsuit over its hair products, said tests show its products are safe. The brand, a staple in TikTok hair care routines, posted "third-party" test records on its website. "As such, there is no induced inflammation to the hair follicle, which is the primary cause of hair loss." The test reports that Olaplex posted were issued by a number of laboratories including BioScreen Testing Services Inc., Consumer Product Testing Company, and Brazil-based Allergisa Pesquisa Dermato Cosmética Ltda. A representative for Olaplex said on Wednesday that the HRIPT reports are "industry standard and reflect the use of Olaplex products under real world conditions."
☆ We just learned the names of the 2 people secretly guaranteeing Sam Bankman-Fried's $250 million bond
  + stars: | 2023-02-15 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com   time to read: +5 min
Larry Kramer and Andreas Paepcke are the two previously anonymous sponsors of Samuel Bankman-Fried's $250 million bond. A federal judge sided with Insider and other media organizations and made their names public. Larry Kramer, a former dean of Stanford University's law school, contributed $500,000 to the bond, according to court records unsealed Wednesday afternoon. Bankman-Fried's parents, Joseph Bankman and Barbara Fried, who are both professors at Stanford University's law school, have also contributed to the bond. He also said he had no business interest in the $500,000 he contributed towards Bankman-Fried's bond.
☆ Olaplex customers just filed a lawsuit alleging hair loss. See how other consumer suits have played out.
  + stars: | 2023-02-10 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +8 min
Olaplex has been sued by customers who alleged its products damaged their hair and scalp. Companies like Thinx, P&G, and Unilever have set aside millions of dollars to settle consumer suits. The suit's allegations follow a pattern familiar in other consumer lawsuits, which have also targeted companies' advertising and the ingredients in their products. In that case, customers said Devacurl's curly hair products contained ingredients that released formaldehyde and caused skin irritation, and said the company had quietly changed ingredients and formed a committee to handle negative publicity. Devacurl has said on its settlement website that it "vigorously denies" claims of health problems like hair loss and scalp problems.
☆ Olaplex hit with lawsuit by customers accusing the buzzy brand of causing hair loss, downplaying complaints
  + stars: | 2023-02-10 | by ( Sindhu Sundar | Azmi Haroun | ) www.businessinsider.com   time to read: +4 min
Insider has previously reported on Olaplex customers who said they experienced hair loss and got refunds. "OLAPLEX products do not cause hair loss or hair breakage," a spokesperson for the company told Insider in a statement. Insider has previously reported on customers alleging that they experienced hair loss after using Olaplex products and reported that some had even received refunds. Olaplex's statement added that there are "a wide variety of reasons for hair breakage or hair loss," calling the allegations in the lawsuit, "baseless accusations." "Defendants have been dismissive of their customers' hair loss, instead describing hair shedding as normal and unavoidable and attributing the hair loss to a long list of other potential causes," they wrote.
☆ A judge won't let Sam Bankman-Fried use any messaging apps that auto-delete texts
  + stars: | 2023-02-09 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com   time to read: +5 min
A federal judge in New York banned Sam Bankman-Fried from using messaging apps that auto-delete texts. Prosecutors said Bankman-Fried used the encryption app Signal to send messages while detained at his parents' home. "I'm far less interested in the defendant's convenience than the risk of deleting messages," Kaplan said at a hearing Thursday. The terms the parties had proposed would have barred Bankman-Fried from using apps like Signal, which encrypt messages and allow users to delete them automatically after a set period of time. Kaplan was also concerned about Bankman-Fried encrypting messages in a way that would keep them out of the hands of prosecutors.
☆ The FTX meltdown was so chaotic that Caroline Ellison was reportedly 'relieved' to step away from Alameda
  + stars: | 2023-02-09 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
The end of FTX followed a destabilizing exodus of customers and employees, Financial Times reports. As last-ditch efforts failed, Caroline Ellison reportedly felt "relieved" at an end to the chaos. In the meantime, there are still questions about how the parallel criminal cases could affect FTX customers trying to recover funds through the bankruptcy. Lawyers representing FTX and its creditors had previously told a Delaware bankruptcy court that they were trying to get information about transactions including FTX from insiders including Bankman-Fried and Ellison, but hadn't gotten answers. Read more in the full Financial Times feature on FTX's collapse.
☆ ChatGPT vs the 'new Bing': Check out their very different answers to 20 questions
  + stars: | 2023-02-09 | by ( Aaron Mok | Sindhu Sundar | ) www.businessinsider.com   time to read: +1 min
Microsoft says its "new Bing" search engine is driven by OpenAI technology "more powerful than ChatGPT." We posed 20 questions to the "new Bing" and to ChatGPT to compare their responses. Loading Something is loading. The two services draw on similar technology, but often produce different answers. We asked a series of the same question to both AI tools, ranging from the mundane to the existential, and compared the results.
☆ New AI-powered Google Maps will help electric-car owners find a charging station to power up and get back on the road within 40 minutes
  + stars: | 2023-02-08 | by ( Sindhu Sundar | Grace Kay | ) www.businessinsider.com   time to read: +3 min
Google maps will now help electric vehicles find charging stations more quickly. Its new features will deploy artificial intelligence to assist EV drivers looking to power up. A "very fast charging filter" can help EVs charge in a hurry, Google Geo head Chris Phillips said. While many EV drivers charge their vehicles at home, longer drives necessitate careful organization. Last year, a reporter from The Wall Street Journal said a lack of EV charging sites and accurate charging maps left her spending more time waiting for her car to charge then sleeping during a 2,000-mile road trip.
☆ What's under the hood of Microsoft's 'new Bing'? OpenAI CEO says it's powered by ChatGPT and GPT-3.5
  + stars: | 2023-02-07 | by ( Sindhu Sundar | Ashley Stewart | ) www.businessinsider.com   time to read: +3 min
OpenAI CEO Sam Altman said ChatGPT and GPT-3.5 are helping boost Microsoft's "new Bing" search engine. The rise of OpenAI's ChatGPT bot has fueled the competition in Big Tech to boost search tools. OpenAI's CEO Sam Altman said that the artificial-intelligence company's megahit ChatGPT tool and GPT-3.5 are helping drive the search engine that Microsoft announced Tuesday. At Tuesday's event, Microsoft also revealed its closely anticipated announcement that its own search tool Bing will now use OpenAI's technology to boost searches. OpenAI's ChatGPT created popular access to a type of technology that's been long familiar to computer science and data analytics experts.
☆ ChatGPT 'may make up facts,' OpenAI's chief technology officer says
  + stars: | 2023-02-06 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
ChatGPT may not always be accurate, OpenAI's CTO Mira Murati said in an interview with Time magazine. The bot "may make up facts" as it writes sentences, OpenAI's chief technology officer Mira Murati said in an interview with Time magazine, describing that as a "core challenge." Murati made the remarks in the same interview in which she said artificial intelligence tools need to have government oversight. Other news sites including BuzzFeed and Men's Journal are also looking toward AI tools to help write posts. Insider's Samantha Delouya used ChatGPT to see how it would recreate an article she'd written, and found that it fabricated quotes.
☆ A tiny-home startup has attracted 160,000 customers, including Elon Musk. But disgruntled customers, an empty factory, and a tie to an alleged Iranian agent cloud its future.
  + stars: | 2023-02-06 | by ( Daniel Geiger | Alex Nicoll | ) www.businessinsider.com   time to read: +17 min
A Boxabl Casita being delivered to a SpaceX facility in Texas. Tackling the US housing crisisStamped out on an assembly line, Boxabl homes could finally begin to help quench America's perpetual housing shortage. Homeowners, meanwhile, could rent out Boxabl units as secondary dwellings in their backyards or as Airbnbs. Firooznia, Tiramani said, sometimes provided a tiebreaking vote when the father and son disagreed on business decisions. During a tour of Boxabl's factory in December, a freelance reporter for Insider saw Tiramani's wife, Shauna, arrive with their four young children.
☆ Elon Musk was reportedly cleared by a federal jury's verdict that his 'funding secured' tweet in 2018 didn't harm Tesla investors
  + stars: | 2023-02-03 | by ( Sindhu Sundar | Grace Kay | ) www.businessinsider.com   time to read: +4 min
A jury found investors failed to prove Elon Musk derailed them with his tweet that he had "funding secured" to take Tesla private, per the WSJ. Tesla investors had alleged that his public statements resulted in billions of dollars in damages. Those verbal assurances in part led him to tweet that he had "funding secured" for a take-private deal for Tesla, he told jurors last month. Musk's tweet, which he posted in August 2018, read, "Am considering taking Tesla private at $420. Porritt, the Tesla investors' attorney, had framed the stakes of the case in sweeping, existential terms, arguing that it came down to a question of whether regular investors could trust the public markets.
☆ Sports Illustrated's publisher taps AI to write some articles, like 'The Best Ways for Men Over 40 to Maintain Muscle'
  + stars: | 2023-02-03 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
The Arena Group, which publishes fitness and lifestyle content, is the latest in media to tap into AI. The company announced its deal with generative AI startups Jasper and Nota to help make posts. The Arena Group said that it's been testing the AI bot technology in part by feeding old content through it. For instance, the Men's Journal article, "The Best Ways for Men Over 40 to Maintain Muscle" was in part the product of AI technology that had scanned "17 years" of content from the Men's Fitness section of Men's Journal, according to a statement by The Arena Group. Other media companies looking to jump on the OpenAI tech bandwagon include BuzzFeed, which is planning to use AI to help make quizzes.
☆ Amazon touts 'even faster' deliveries made to customers 'within hours'
  + stars: | 2023-02-02 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +2 min
Amazon is pushing "even faster" deliveries to customers around cities like Los Angeles and Phoenix. Same-day delivery customers can now get orders "within hours," per Amazon's Q4 report. Amazon Prime members can get free shipping on the breakneck deliveries, if their orders qualify. In the report, Amazon said that customers in those areas "can now receive hundreds of thousands of items within hours." Amazon Prime customers can get free same-day deliveries based on where they're located and what they're ordering, according to Amazon's website.
☆ The criminal case against Sam Bankman-Fried and Caroline Ellison could put jilted FTX customers in the backseat
  + stars: | 2023-02-02 | by ( Sindhu Sundar | Jacob Shamsian | ) www.businessinsider.com   time to read: +8 min
The parallel criminal case against SBF, Caroline Ellison, and Gary Wang may be to blame. But they told a Delaware bankruptcy court recently that they hit a roadblock, accusing Sam Bankman-Fried and those close to him of not playing ball with them. The criminal case takes priorityEllison and Wang separately reached plea deals with federal prosecutors in Manhattan, copping to charges including wire fraud and conspiracy. But, experts told Insider, the deals require them to focus on working with prosecutors in the criminal case — even if it could be at the expense of other parties. But when both criminal and civil proceedings are ongoing, it's the criminal case that goes first in line, Snyder said.
☆ Federal regulators tell Amazon that the 'gamification' of its warehouses contributes to a 'high risk of serious' injury
  + stars: | 2023-02-02 | by ( Sindhu Sundar | Katherine Long | ) www.businessinsider.com   time to read: +5 min
Amazon was cited again by federal regulators alleging its warehouse workers face "high" injury risks. Regulators said a "gamification system" encouraged working at a fast pace that could pose injury. Amazon said it is cooperating with investigators and that it has worked to lower injury rates. In a letter targeting the warehouse in Idaho, OSHA said Amazon should change its "gamification system to eliminate incentives for excessively paced work." In recent months, Amazon has been hit by similar OSHA citations relating to injury risks facing workers, and to how it tracked and monitored those injuries.
☆ The house that helped secure Sam Bankman-Fried's $250 million bail package reportedly sits on land his parents leased from Stanford
  + stars: | 2023-01-31 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +5 min
Sam Bankman-Fried's parents lease the land for their home from Stanford, the LA Times reports. They'd put up the $4 million home as collateral for the former FTX CEO's $250 million bail release. Bail terms are about flight-risk rather than if collateral can cover the full amount, legal experts said. The revelation once again prompts questions about how and why courts set bail terms, which are meant to ensure that a defendant doesn't flee while awaiting trial. Prosecutors are now also arguing that Bankman-Fried's bail restrictions must go further, and impose limits on whom he communicates with and how.
☆ A judge ordered the unsealing of Sam Bankman-Fried's 2 anonymous bail sponsors — but says they have a week to appeal
  + stars: | 2023-01-30 | by ( Jacob Shamsian | Sindhu Sundar | ) www.businessinsider.com   time to read: +4 min
A federal judge agreed to unseal the names of Samuel Bankman-Fried's two anonymous bail sponsors. The judge pointed out that the sponsors waded into a highly public criminal case. "The non-parental bail sureties have entered voluntarily into a highly publicized criminal proceeding by signing the individual bonds," Kaplan wrote in his ruling on Monday. According to the rules of their bail agreement, one of those additional sponsors couldn't be a family member, according to court filings. A group of media organizations, including Insider, argued that the public had a right to know who was bankrolling Bankman-Fried's bail.
☆ Princeton computer science professor says don't panic over 'bullshit generator' ChatGPT
  + stars: | 2023-01-30 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
A Princeton professor told The Markup that "bullshit generator" ChatGPT merely presents narratives. ChatGPT creator OpenAI will reportedly help Buzzfeed produce work like quizzes. Narayanan said this makes ChatGPT more of a "bullshit generator" that presents its response without considering the accuracy of its responses. He said that a more likely outcome of large language model tools would be industries changing in response to its use, rather than being fully replaced. "I don't think large language models are even on that scale.
☆ Why ChatGPT Could Remain Free Amid Paid 'Pro' Version
  + stars: | 2023-01-29 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +4 min
OpenAI is floating a paid version of its product, prompting questions about future access. The Microsoft tie-up could help develop more sophisticated ChatGPT versions, experts said. The evolution toward paid versions is a common framework for newer technologies, where companies may release free or low cost versions to entice users and to gauge adoption. Keeping a version of ChatGPT free will still help the company develop its technology, Astvansh said. "A free version will help gather data on how people are asking questions, and help it improve other versions of GPT," he said.
☆ Why buzzy cases like the $5 million Thinx settlement don't often result in customers getting much money back
  + stars: | 2023-01-27 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +8 min
Thinx customers can now seek recoveries as part of a settlement by the period underwear brand. The news may have some customers wondering: Can I, too, recoup money spent on a product that let me down? Instead, these cases — which can take years — may recoup only a portion of customers' spending on the products in question. The Thinx settlement includes a $4 million pot to pay customers and legal fees, and as much as another $1 million for any required "valid claims," according to the settlement. Unilever agreed to the settlement while "denying wrongdoing of any nature and without admitting liability," according to the settlement agreement.
☆ Sam Bankman-Fried's new dog is reportedly trained to attack would-be assailants with a secret code word
  + stars: | 2023-01-26 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +2 min
Sam Bankman-Fried's new dog can attack with a single command, per Forbes. His parents reportedly gave him the dog, a German shepherd named Sandor. Bankman-Fried has said in court filings that his family has faced "harassment and threats." The former FTX CEO's animal companion, named Sandor, pounces in response to a "secret word," according to Forbes. The 75-pound Sandor, whose name evokes the meaning "defender of men," was a gift from Bankman-Fried's parents, per a Puck interview.
☆ DoNotPay's CEO says threat of 'jail for 6 months' means plan to debut AI 'robot lawyer' in courtroom is on ice
  + stars: | 2023-01-26 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
DoNotPay's CEO says he will hold off on deploying an AI 'robot lawyer' in traffic case hearings. Joshua Browder said that he received 'threats' over the plan and feared facing 'jail for 6 months.' The ploy always carried a risk, as states closely regulate who can practice law. But regulators may still be a while away from contemplating a full-fledged AI lawyer in court. "We're seeing some reform in regulations around the unauthorized practice of law, and we're becoming less rigid," said Murphy.
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