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☆ 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

☆ 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

☆ Glastonbury Festival 2024: Dua Lipa, Coldplay and SZA to headline event
▼ + stars: | 2024-03-14 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Dua Lipa, Coldplay and SZA will headline this year’s Glastonbury Festival in June, organizers announced on Thursday. Female artists are dominating the top sets at this year’s festival, with two nights being headlined by women on the iconic Pyramid Stage. “I’ll see you in the beautiful Somerset countryside.”Dua Lipa will make her Pyramid Stage debut as Friday night’s headliner. Yui Mok/PA Wire/PA/AP“FRIDAY NIGHT PYRAMID STAGE HEADLINE!!! Anna Webber/Getty ImagesSince the first ever Glastonbury Festival in 1970, some of music’s most popular acts have made the pilgrimage to Worthy Farm and performed at one of the world’s biggest festivals.

Persons: SZA, Shania Twain, songwriter’s, Coldplay, Yui Mok, “, Boy, Janelle Monáe, Avril Lavigne, Camila Cabello, Anna Webber Organizations: CNN, Dua, Coldplay, Festival, Glastonbury, Twitter Locations: Somerset, England, ” Dua Lipa, Lipa, Worthy

☆ 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

☆ UK ‘non-dom’ tax status, explained
▼ + stars: | 2024-03-06 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

“Those with the broadest shoulders should pay their fair share,” UK finance minister Jeremy Hunt told parliament Wednesday. ‘Colonial concept’The non-dom regime is an “archaic colonial concept,” which determines a person’s tax status based on their “intended” place of residence, said Arun Advani, an economics professor at the University of Warwick. The opposition Labour Party had previously said it would abolish the non-dom regime if it came to power, and spend the money raised on the National Health Service. Yui Mok/Pool/AFP/Getty ImagesMurty has since renounced those advantages, citing the “British sense of fairness” and the “distraction” her tax status posed to her husband, who was serving as the UK’s finance minister at the time. But in November 2022 Hunt defended the “non-dom” status.

Persons: Jeremy Hunt, ” Hunt, Arun Advani, Advani, Rishi Sunak, Akshata Murty, Yui Mok, Murty, Hunt, “ I’m, ” Organizations: London CNN, Britain’s Conservative, Revenue, Customs, London School of Economics, Political Science, University of Warwick, Labour Party, National Health Service, Britain's, Getty, BBC Locations: United Kingdom, Britain, India, Buckingham, London

☆ 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

☆ Stocks with high dividend growth and free cash flow perform best whatever the weather, Wolfe says
▼ + stars: | 2024-03-06 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Stocks that offer high dividend growth and high free cash flow perform best no matter the economic weather, according to Wolfe Research. Here are a few stocks that fit the bill, according to Senyek: Online marketplace eBay was one of several stocks that Wolfe singled out. With its 4% yield, CVS is also a good buy for investors focusing on a high-dividend growth, high free cash flow strategy, Wolfe said. Following CVS' earnings release, investment bank Leerink initiated research coverage of the stock with an outperform rating , citing its cash potential. Other stocks Wolfe included on its list were Constellation Energy , Humana and Archer-Daniels-Midland .

Persons: Chris Senyek, Wolfe, UnitedHealth, Andrew Mok, Tom Cowhey, — CNBC's Michael Bloom Organizations: Wolfe Research, eBay, Barclays, Medicare, CVS, Constellation Energy, Humana, Archer, Daniels, Midland

Morgan Stanley cut its price target on Tesla after trimming its profitability forecasts. The analyst has a price target of $500, which implies upside of more than 20% over the next 12 months. — Hakyung Kim 6:51 a.m.: JPMorgan raises CrowdStrike price target after earnings beat CrowdStrike is managing to grow quickly while delivering strong results, says JPMorgan. The bank upgraded the retailer to buy from hold, increasing its price target to $195 from $140. — Fred Imbert 5:40 a.m.: Morgan Stanley cuts Tesla price target 2024 will be for electric vehicles, said Morgan Stanley's Adam Jonas, who warns that Tesla could lose money this year.

Persons: Morgan Stanley, Wells, Andrew Nowinski, MongoDB, Hakyung Kim, CrowdStrike, Brian Essex, Essex, — Hakyung Kim, UnitedHealth, Andrew Mok, Mok, Berenberg, Philip Buller, Buller, Bob Jian Huang, Huang, Daniela Bretthauer, Krisztina Katai, — Fred Imbert, Morgan Stanley's Adam Jonas, Tesla, Jonas Organizations: CNBC, HSBC, Target, JPMorgan, Barclays, Medicare, Honeywell, Berenberg, Morgan Stanley Insurance, Progressive, Target . Deutsche Bank Locations: Andrew Mok ., Honeywell's, U.S, Tuesday's

☆ 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'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

☆ 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

☆ 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

☆ 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

☆ 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

☆ Rivian's CEO can't seem to give a clear answer whether the company has enough money to build its next vehicle
▼ + stars: | 2024-02-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Rivian CEO RJ Scaringe skirted questions on whether the EV maker has enough cash to produce the R2. Scaringe told CNBC he's "confident" in the capital Rivian has through 2025. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Rivian reported a loss of $5.4 billion in 2023 despite delivering twice as many EVs compared to the previous year.

Persons: RJ, Scaringe, CNBC he's, —, Rivian Organizations: CNBC, Service, EV, Bloomberg Locations: Rivian

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