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But Swift has also made each show a news event by adding two “surprise songs,” often with headline-grabbing guests. Music critics have portrayed the Eras Tour as showing Swift at the top of her game as a media-savvy, big-tent talent, a pop star with a knack for grand spectacle as well as the polished artistry of a classic songwriter. Shania Twain, the country-pop star whose career in some ways prefigured Swift’s, caught the Las Vegas stop of the Eras Tour, a 44-plus song production that goes as long as three and a half hours. She praised Swift’s “beautiful balance” of high-tech stagecraft and intimate performance segments. (Swift’s representatives declined to comment for this article.)
Persons: Swifties, Julia Roberts, Aaron Rodgers, Flav, Swift, , Taylor Lautner, backflipped, , ” Lautner, Shania Twain, Swift’s, ” Twain, Organizations: New York Jets, Las, Ticketmaster Locations: Kansas City, Mo, Seattle
SoftBank's Vision Fund filed suit against the founders of one of its portfolio companies Monday, alleging that they artificially inflated user metrics, lied to the fund about performance and bilked the fund for millions. Buzzy social media startup IRL launched in April 2021 and was seemingly "one of the fastest growing social media apps for Generation Z," the complaint in San Francisco federal court alleges. SoftBank was invested in the company due to its apparently low cost, "strong" user engagement that left it "well positioned for further viral growth" in the same way Facebook and Twitter exploded. SoftBank believed that IRL had 12 million monthly active users. Past missteps from SoftBank include large positions in allegedly fraudulent crypto exchange FTX and devalued property company WeWork .
Persons: Masayoshi, SoftBank, Abraham Shafi, Noah Shafi, Yassin Aniss, Abraham Shafi's Organizations: Vision Fund, Facebook, Twitter, IRL, U.S . Securities, Exchange Commission Locations: San Francisco, SoftBank
Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.
Persons: kevin roose I’m, casey newton, kevin roose, casey newton They’re, kevin roose Gang, casey newton Oh, let’s, Kevin Roose, ” casey newton, Casey Newton, , Casey, casey newton Mhmm, it’s, kevin roose I’d, you’re, you’ve, — casey newton, Sam Altman, casey newton Isn’t, that’s, Silly Putty, I’m, casey newton Well, Kevin, what’s, kevin roose Totally, casey newton I’ll, Unobtainium, James Cameron, You’ve, Meissner, we’re, There’s, they’re, casey newton Here’s, Twitch, kevin roose There’s, Iris_IGB, she’s, there’s, casey newton There’s, Russia she’s, I’ve, They’ve, hasn’t, ChatGPT, Claude, They’re, hydroxychloroquine, Joe Rogan, Bravo, “ Fortnite, casey newton That’s, we’ve, casey newton Kevin, India Venom, Lydia Tár, we’ll, don’t, casey newton Sure, , Joe Biden, casey newton I’m, casey newton Mike Masnick, he’s, Mike, — casey newton Look, who’d, It’s, HatGPT, kevin roose —, casey newton We’re, Rupert Murdaugh, Beast, James Donaldson, Jimmy Donaldson, a.k.a, Beast — casey newton James, Uber, Beast Burger, Burger, We’re, Meta, Abraham Lincoln, Facebook — Abraham Lincoln, casey newton It’s, kevin roose Oh, Abraham —, roose, casey newton Greg Rutkowski, Greg Rutkowski, Greg Rutkowski’s, Greg, You’re, casey newton Wow, Elon Musk, San Francisco NIMBYs, Don’t, kevin roose It’s, you’re Uber Organizations: Mmm, casey newton Mmm, The New York Times, Quantum Energy Research Center, collider, Twitter, Capitol, Federal Trade Commission, Netflix, Heritage Foundation, Republican, Democrats, Republicans, California, Tax, Facebook, YouTube, HatGPT, BBC, WordPress, Health Department, Financial Times, Ford Theater, ” Workers, San, Wall Street Locations: Seoul, Russian, Russia, India, KOSA, SESTA, The, Kashmir, tooting, Washington, San Francisco, Ha, Canada
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew study finds Twitter bots and Elon Musk posts boosted price of FTX-listed altcoinsCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Robinhood reports earnings, DOJ officials reportedly want to charge Binance with fraud, and a new study examines Twitter posts that drove the price of altcoins on FTX.
Persons: Elon, explainers Organizations: CNBC Locations: FTX
A restaurant in Sydney, Australia is hosting an AI-generated pop-up restaurant for a week. Stefanie Wee used ChatGPT and Canva's AI-image generator to create the restaurant's concept. Rafi, a restaurant based in Sydney, Australia, is hosting an AI-generated pop-up restaurant named Luminary this week. Reviews for Luminary have been mixed, with one customer writing that the AI restaurant "restored my faith in humanity." This isn't the first time the dining industry has used AI — be it for a marketing ploy or to make business more efficient.
Persons: Stefanie Wee, it's, Rafi, Applejack, Luminary Wee, ChatGPT, Wee, Luminary Organizations: Morning, Applejack Hospitality Locations: Sydney, Australia, Perth, Luminary
The average CEO compensation among S&P 500 companies last year was $16.7 million — the second-highest level of executive pay ever, according to the group’s annual Executive Paywatch report. (2021 was the highest at $$18.3 million)CEO pay fell last year compared to the previous year, said Brandon Rees, the AFL-CIO’s deputy director of corporations and capital markets. To put that $16.7 million in context: Assuming a 45-year career at an average pay of $75,200, regular employees would need to work more than five lifetimes to make what the average CEO receives in a single year. Meanwhile, US workers’ real hourly wages fell in 2022 for the second year in a row by 1.6% after adjusting for inflation, the executive pay report found. The bot battleAmong the biggest concerns raised in the latest pay report is the way artificial intelligence is poised to benefit executives more than their employees.
Persons: Brandon Rees, ” Rees, , , Fred Redmond, it’s, Redmond, Duncan Crabtree, Organizations: New, New York CNN, AFL, Hollywood, SAG Locations: New York, Ireland
A group of researchers said they have found ways to bypass the content moderation of AI chatbots. One researcher involved in the study told Wired there was "no way" to patch the attacks. A group of researchers said they have found virtually unlimited ways to bypass the content moderation on major AI-powered chatbots, and no one is quite sure how to fix it. "There's no way that we know of to patch this," Zico Kolter an associate professor at CMU who was involved in a study told Wired. The study raises questions about the safety of publically available AI products such as ChatGPT.
Persons: Google's Bard, Anthropic's Claude, Armando, Bard, Anthropic, OpenAI Organizations: Wired, Carnegie Mellon University, Center, AI Safety, CMU, MIT, Google Locations: Pittsburgh, San Francisco
They also shared their findings with X Corp. days ahead of publication. Musk has claimed, without providing data, that bot activity has fallen since he acquired Twitter. In recent weeks, X Corp. sued Bright Data and the Center for Countering Digital Hate, for example, raising the ire of House Democrats. NCRI partners with Bright Data for pro-bono access to social media data, Goldenberg noted. X Corp. did not immediately respond to a request for comment.
Persons: Sam Bankman, NCRI, Elon Musk, Pepe, altcoin PEPE, Musk, Alex Goldenberg, Goldenberg Organizations: Twitter, Alameda Research, Network, Research, New Jersey GovSTEM, X Corp, Tesla, SpaceX, NCRI, Bright Data, Center, Democrats, Bright Locations: Hong Kong, China, New Jersey
A humanoid warehouse worker, Digit walked upright on goatlike legs and grabbed bins off a shelf with muscular arms made from aerospace-grade aluminum. It then placed the boxes on an assembly line and walked back to the shelf to search for more. Machines like Digit are ready to take over a vast swath of physical labor, from operating forklifts to doing the laundry. Mr. Kyslinger, an engineer who has spearheaded automation for some of the largest retailers in the world, including Amazon and Walmart, is passionate about the potential of robots to improve the quality of life for workers. Robots free humans from boredom, repetition, physical strain and productivity limits that can put their jobs at risk, he believes.
Persons: ChatGPT, Ron Kyslinger, Kyslinger Organizations: Amazon, Walmart Locations: ProMat, Oregon
“I keep doing these epic bike trips [abroad] and with each one I think it’s probably the last I’m going to do. Inside he put an AirTag – Apple’s luggage tracker – which he’d bought a year earlier, after hearing other cyclists rave about them. Each day, he updated his location on the British Airways website, and each day, his bike failed to arrive – or move from Heathrow, according to the AirTag. The Twitter campaignSherry repeatedly tweeted a photo of his bike and its location to the airline. “And I had no problems with luggage.”So what was the key to reuniting Sherry with his bike?
Persons: Barry Sherry, Sherry, , I’m, , it’s, he’d, He’d, , wasn’t, “ I’ve, didn’t, Sherry wasn’t, Paul Ellis, “ I’d, Ben, “ didn’t, who’d, couriered, Fränk, Andy Schleck, who’ve, I’d Organizations: CNN, de France, American Airlines –, British Airways, Washington DC, Heathrow, Getty Images British Airways, American Airlines, Heathrow Airport, “ AA, Tour de France, Dulles, Virgin, Heathrow Twitter Locations: Virginia, Europe, Swiss, Luxembourg, Finland, Switzerland, Washington, London, Zurich, AFP, Heathrow, Lake Lucerne, Helsinki, Copenhagen, Finnair
Some white-collar roles were predicted to be some of the first on the chopping block. However, according to a McKinsey study, AI could enhance these jobs rather than eliminate them. Some CEOs have already been taking steps to incorporate AI-powered programs into daily workflows while others have been open about their plans to scale back hiring in favor of generative AI. White-collar roles, specifically those in the legal and finance sectors, were predicted to be some of the first on the chopping block in early studies. While the analysis predicted generative AI could significantly shake up the labor market, its impact on white-collar roles may be beneficial over the long term.
Organizations: McKinsey, Morning
There is no evidence to claims being shared online about AMC theaters suppressing attendance to the Sound of Freedom film, according to Angel Studios, the film’s distributor, and AMC, a major movie theater chain that broadcast the film. “AMC is trying to sabotage ‘Sound of Freedom,’” reads one post (here). Another says, in part, “AMC Theatres is running The Sound Of Freedom into the ground!” (here). Haters?”Aron updated the number of attendees in another tweet on July 12, 2023, that more than one million had seen the film at AMC theaters (here). AMC theaters was not suppressing attendance to the Sound of Freedom film, according to AMC and Angel Studios.
Persons: , Forbes, Adam Aron, ” Aron, Brandon Purdie, , ” Neal Harmon, Read Organizations: AMC, Angel Studios, , Indiewire, of, Reuters, ” AMC Locations: U.S
Worldcoin: OpenAI's Sam Altman launches crypto project
  + stars: | 2023-07-24 | by ( ) edition.cnn.com   time to read: +2 min
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can’t be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.
Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, , ” Altman, UBI Organizations: Humanity, Reuters Locations: San Francisco, Berlin
July 24 (Reuters) - Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can't be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.
Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, , UBI, Anna Tong, Juby Babu, Elizabeth Howcroft, Kenneth Li, Navaratnam, Philippa Fletcher Organizations: Humanity, Reuters, Thomson Locations: San Francisco, Berlin
Elon Musk officially reached a deal to buy social media platform Twitter. The billionaire took the company private by paying $54.20 per share, paying about $44 billion in total. In October 2022, billionaire Elon Musk completed a deal to acquire social media platform Twitter for $44 billion after a wild six months. But on April 25, Twitter said it would agree to be acquired by Musk for $44 billion. As a result of the new deal, Twitter's lawsuit against Musk over the $44 billion purchase came to an end.
Persons: Elon Musk, Musk, Twitter, he'd, Parag Agrawal, Ned Segal Organizations: Morning, Twitter
Here's an exclusive look at the Notion document used by the startup during its fundraising process. Although fundraising in the creator economy has slowed over the last several quarters, Schwartz sees Whop as a pivot in the space. "Historically, the creator economy, at least up until maybe a year and a half ago, has been pictures and text content," Schwartz said. Instead of creating a fancy pitch deck to send off to investors, Whop's team built a deck using productivity software Notion. Check out the Notion document Whop used to raise its $17 million Series A:Note: The document Whop shared with Insider includes several redactions.
Persons: Steven Schwartz, Cameron Zoub, Schwartz, Whop's, Jack Sharkey, Zoub, Sharkey, Whop, Peter Thiel, Justin Mateen, VCs Josh Richards, Griffin Johnson Organizations: Facebook, Twitter, Insight Partners
Sam Altman, chief executive officer of OpenAI, parent company of ChatGPT, warns AI poses risk of human extinction, and Geoffrey Hinton, known as the "godfather of AI," cautions that AI can bring a dangerous future. These AI leaders and others support intervention from the federal government and other industry leaders before AI proliferates throughout society. With rapid growth, Palmer said companies of all sizes need to track AI efforts and disclose the information publicly. After a company has established metrics for tracking AI, or even while it's figuring that out, companies need to do a risk assessment for AI, Palmer said. "Within most companies, AI doesn't have an owner," Palmer said.
Persons: Sam Altman, Geoffrey Hinton, Altman, Asha Palmer, Palmer, Genies, Akash Nigam, Nigam, we've, ChatGPT, François, Candelon, Let's Organizations: OpenAI, CNBC, Google, Microsoft, Samsung, Organization for Economic Cooperation, IT, Boston Consulting Group's Henderson Institute Locations: Washington , DC, OpenAI, Japan
Experts, and even some executives overseeing AI companies, say these tools risk spreading false information to mislead voters, including ahead of the 2024 US election. But they now face a perfect storm of factors that could make it harder than ever to keep up with the next wave of election misinformation. Experts worry that the proliferation of generative AI tools, like ChatGPT, could make it easier for bad actors to create election misinformation. OpenAI, the maker of the popular AI chatbot ChatGPT, issued a stark warning about the risk of AI-generated misinformation in a recent research paper. The platforms largely use a mix of human and automated review to identify misinformation and manipulated media.
Persons: Ron DeSantis ’, Donald Trump, Anthony Fauci, Trump, , , “ We’ve, I’m, David Evan Harris, Bhaskar Chakravorti, it’s, Harris, Margaret Mitchell, Andrew Angelov, incentivized, Mitchell, OpenAI, chatbot ChatGPT, Joe Biden’s, Ivy Choi, Meta, Twitter, Elon Musk Organizations: New, New York CNN, Twitter, Florida Gov, , University of Washington, Center, Social, of Technology Institute, Facebook, CNN, The Fletcher School, Tufts University, Google, Pentagon, Republican National Committee, RNC, Democratic, Federal, Commission, YouTube, , Meta Locations: New York, meddle, United States, Washington
Ark Invest has marked down its Twitter valuation by 47% since it was taken over by Elon Musk, the Wall Street Journal reported. Musk had recently tweeted that Twitter's advertising revenue has been cut in half since he took over the company. Given Musk purchased Twitter for $44 billion late last year, the markdown would put the company's current valuation at about $23 billion, based on Ark's estimate. "We're still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load," Musk said of Twitter on Twitter. We also think that longer term, Elon and team are very serious that they're going to turn this into an everything app," Wood said.
Persons: Elon Musk, Musk, Cathie Wood, Wood, Elon Organizations: Elon, Wall Street Journal, Service, Wall Street, Invest's Venture, Twitter, Fidelity, Ark, Nvidia, Nasdaq Locations: Wall, Silicon
Tesla's Cybertruck is finally beginning production two years behind schedule. Tesla CEO Elon Musk has been known to make lofty promises that go undelivered for years at a time. In 2017, Inverse reported, Musk expanded the promise, assuring buyers that it would be just two more years before self-driving Teslas could be used to travel cross-country while passengers sleep. An 'everything' social media app, XIn late 2022, Musk tweeted that his purchase of Twitter was an "accelerant" to the creation of 'X,' the "everything app." According to the same CNBC article, in its most productive year, 2022, Tesla only installed an average of 21 solar system installations per week.
Persons: Elon Musk, , Tesla, Musk, Musk's, Will Organizations: Tesla, CNBC, Boring Company, SpaceX, Twitter, University of Cincinnati Locations: Giga , Texas, New York, Philadelphia, Baltimore, Washington, DC, Los Angeles, Southern California
Meta's Threads will use rate limits to tackle an increase in spam. "Spam attacks have picked up so we're going to have to get tighter on things like rate limits, which is going to mean more unintentionally limiting active people (false positives). Twitter users howled their disapproval and many commentators said the spam reasoning was bogus. "I seem to waste half my time blocking bots pushing gambling and crypto sites," one Threads user posted, following Mosseri's update. On Sunday, Mashable reported that Bluesky users protested after several accounts used racial slurs in their usernames because the platform failed to block the ability for users to register such names.
Persons: Elon Musk, Adam Mosseri, Musk, It's, Bluesky Organizations: Twitter, Mashable
The resulting uncertainty, they say, risks slowing the government and social media companies’ ability to respond to election-related disinformation that appears on tech platforms. Last week, the State Department canceled a routine meeting on election security with Facebook, according to a person familiar with the matter. On Wednesday, FBI Director Christopher Wray defended the close contacts between the US government and the social media companies. The injunction does contain some exceptions allowing more limited contact between affected agencies and social media companies. “Well, the government doesn’t necessarily have those capabilities to do that back-end work that the social media companies do.
Persons: Biden, , Chris Krebs, Krebs, Katie Harbath, Donald Trump, Christopher Wray, ” Wray, Trump, Harbath, Yoel Roth, Twitter’s, Gowri Ramachandran, , ” Ramachandran, they’re, Ramachandran, Russia’s, ” Harbath, you’re, , Evelyn Douek, Jocelyn Benson, ” Benson, Adam Mosseri, Meta, ’ ”, Nick Clegg, Donie O’Sullivan Organizations: Washington CNN, Infrastructure Security Agency, CNN, State Department, Facebook, Justice Department, FBI, of Homeland Security, Health, Human Services, Twitter, , Senate Intelligence, Department of Homeland Security, National Intelligence, Big Tech, Brennan Center for Justice, New York University, Stanford Law School, Meta, YouTube, Meta Global Locations: Louisiana, Missouri, State, Michigan
An AI engineer says most people don't understand what AI can really do and what it can't, yet. Those working in AI understand when startup claims are realistic and when they're mostly hype. Generative AI is just way, way overhyped right now and that means that many of the AI startups getting VC funding today are going to fail. Today's AI can't really do what so many startups say their apps can do because AI can't reliably predict things. So, how can you tell if an AI startup's technology will work or if it and the company will likely fail?
Persons: OpenAI, I've Organizations: salespeople, Amazon, Costco, Walmart Locations: San Francisco, Seattle , New York
It's an opportunity worth watching for investors, and crypto speculators have recently been doing just that. Grayscale Investments recently highlighted three potential risks posed by AI that crypto could potentially limit – identity verification, centralization and data ownership and privacy. Accredited U.S. investors can gain direct exposure to AI-related crypto protocols by investing in private venture fundraising rounds, he added. "So far in 2023, venture capitalists have invested $422 million in crypto applications related to AI, privacy, and identity," according to Grayscale. "In total, the crypto-AI intersection represents more than 10% of total crypto venture capital (VC) funding to date, including two out of the four largest funding rounds."
Persons: , memecoin influencer Elon Musk, Jack O'Holleran, O'Holleran, William Ogden Moore, Andreessen Horowitz, Sam Altman, Smart, We've Organizations: Nvidia, CNBC Locations: U.S, Gensyn
Musk reaffirms tweet-reading limits put due to data scraping
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +1 min
July 13 (Reuters) - Twitter introduced tweet-reading rate limits to address extreme levels of data scraping, Elon Musk reaffirmed on Thursday, in reply to a tweet that said the social media company has filed a lawsuit against four entities in Texas for data scraping. That is why we had to put rate limits in place," Musk said. However, the Twitter owner did not confirm or deny that a lawsuit had been filed. Musk has previously blamed data scraping for his move to limit how many tweets per day various accounts can read. Twitter has said only a small percentage of people using the platform have been affected by the limits.
Persons: Elon Musk, Musk, Twitter, Shubham, Savio D'Souza Organizations: Reuters, Twitter, Thomson Locations: Texas, Bengaluru
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