As the number of electric vehicles on American roads grows, so too does the affliction of range anxiety. Drivers of conventional cars enjoy the support of a massive, well-established network of fuel stations. EV owners depend on chargers that are much sparser, especially in so-called “charging deserts”—often lower-income areas—where places …
Read More »Child Abusers Are Getting Better at Using Crypto to Cover Their Tracks
For those who trade in child sexual exploitation images and videos in the darkest recesses of the internet, cryptocurrency has been both a powerful tool and a treacherous one. Bitcoin, for instance, has allowed denizens of that criminal underground to buy and sell their wares with no involvement from a …
Read More »The Real Problem With the Boeing 737 Max
To adapt an old Oscar Wilde quote: To lose one aircraft may be regarded as a misfortune. To lose two looks like carelessness. So what to make of a third Boeing 737 Max suffering a major issue in recent years? Flying at 16,000 feet shortly after taking off in Oregon …
Read More »Why Crypto Idealogues Won’t Touch Bitcoin ETFs
Bitcoin devotees are declaring a historic victory after US regulators approved a new, more accessible way for people to invest in the crypto asset after a decade of resistance. Yet they won’t go anywhere near it themselves. On January 10, after a farcical false start, the US Securities and Exchange …
Read More »Congress Wants Tech Companies to Pay Up for AI Training Data
Do AI companies need to pay for the training data that powers their generative AI systems? The question is hotly contested in Silicon Valley and in a wave of lawsuits levied against tech behemoths like Meta, Google, and OpenAI. In Washington, DC, though, there seems to be a growing consensus …
Read More »OpenAI’s New App Store Could Turn ChatGPT Into an Everything App
OpenAI is an unconventional company in many ways, but last November it borrowed a page from the standard tech industry playbook: It held a developer conference where CEO Sam Altman urged software makers to build on top of ChatGPT. The company said it would soon launch a marketplace where developers …
Read More »Lawmakers Are Out for Blood After a Hack of the SEC’s X Account Causes Bitcoin Chaos
A raft of US senators have demanded answers from the Securities and Exchange Commission (SEC) after a security incident led to false and market-moving information being published by the financial regulator. At 4:11 pm ET on January 9, a post was published to the SEC’s X account announcing the approval …
Read More »Get Ready for the Great AI Disappointment
In the decades to come, 2023 may be remembered as the year of generative AI hype, where ChatGPT became arguably the fastest-spreading new technology in human history and expectations of AI-powered riches became commonplace. The year 2024 will be the time for recalibrating expectations. Of course, generative AI is an …
Read More »A US-Sanctioned Oligarch Ran Pro-Kremlin Ads on Facebook—Again
Last February, when researchers at London-based nonprofit Reset found that Meta was allowing Ilan Shor, a Moldovan oligarch with links to the Kremlin, to run an ad campaign on Facebook, the company promised to stop him. But Shor, whom the United States sanctioned for illegally financing political parties in Moldova …
Read More »Bitcoin ETFs Have Arrived. Here’s Who Stands to Get Rich
US regulators have approved a new breed of financial product that will give people a way to invest in bitcoin through their brokerage for the first time, as if it were a regular stock. A selection of financial institutions, including household names like BlackRock and Fidelity, have been given permission …
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