Author: publisher

Public backlash to AI is intensifying — and transforming into real-world attempts at physical violence. Industry leaders are fearing for their lives.Leading AI companies and their top executives are beefing up security, the Wall Street Journal reports, as escalating anti-AI industry sentiment is culminating in threats and attempts of violence against the people and ventures building leading AI models. Some executives are even traveling with armed guards, while others have taken to keeping a lower public profile.“Tech CEOs, a few years ago, definitely did not have security,” Dakota Dominguez, an executive at the Silicon Valley-based security firm JPT Security, told the WSJ.…

SpaceX bears are smelling blood in the water. As its stock languishes below its IPO price  — at press time, $131 — short sellers are going all in against the company, hoping to make a killing off of CEO Elon Musk’s faltering pull on investors.As CNBC reports citing data from S3 Partners, 185 million SpaceX shares are now sold short, which is nearly 29 percent of its publicly tradable shares, when it was around only five to seven percent three weeks ago.It’s one of the highest levels of short selling for a company in its first month of being publicly…

With hundreds of billions of dollars still flowing into the tech industry, it’s becoming harder and harder to deny the reality that the US economy is enmeshed in a financial bubble of incredible proportions. As recent polls have shown, the majority of Americans don’t only agree that there is an AI bubble, they’re increasingly concerned about it as well.One man who isn’t swayed is Japan’s richest investment mogul, SoftBank CEO Masayoshi Son. Speaking at his company’s annual corporate conference in Tokyo, Son groused that any talk of an AI bubble is “absurd,” adding that he’s willing to waste trillions of…

Elon Musk’s AI startup, xAI, is in turmoil behind the scenes. The company is constantly playing catch-up with rivals Anthropic, with Musk personally obsessed with having his chatbot Grok match Anthropic’s Claude, Bloomberg reports. And its merger with SpaceX, followed by the latter going public in a historic IPO, led to dozens of employees leaving the company, throwing daily operations into chaos.To get the house in order, Musk promoted Michael Nicolls to lead xAI (which was recently renamed SpaceXAI). But his work was cut out for him. As part of Musk’s plan to rebuild the company, xAI was seeking to slash…

Robotaxis are multiplying across the US, and as they do, a not-so-flattering pattern is riding shotgun. Not only do robotaxi companies themselves put a significant strain on public resources, they’re training the public to act just as entitled as they are.As a recent article by Bloomberg points out, riders hopping into driverless cabs from Waymo, Tesla, and Zoox are treating driverless trips as a license to unwind.With no human behind the wheel, riders feel like they have no social contract to follow. As a result, they’re turning robotaxis into trash cans, leaving behind spilled drinks, food scraps, and in some…

Insider trading has long run rampant on prediction markets like Kalshi and Polymarket. We’ve seen shady accounts profit from accurately predicting the US invasion of Venezuela, resulting in arrests, or correctly guess everything that was going to happen at this year’s Super Bowl half-time show.Now, in a particularly egregious instance of the worrying trend, president Donald Trump’s longtime teleprompter operator made tens of thousands of dollars by betting on Kalshi what the president would say, sources familiar with the matter told ABC News.According to the sources, federal investigators with the Commodity Futures Trading Commission are in settlement talks with Trump’s…

The United States is having something of a national referendum on mass surveillance as of late. Embodied most infamously by video surveillance company Flock Safety, Americans from all walks of life are waging war against the proliferation of the company’s automatic license plate readers (ALPR), which the ACLU warns now number in the tens of thousands.Plenty of communities are organizing campaigns to out-muscle municipal leaders or their cheerleaders on the local police force, and by-and-large, they’re working. Whether in rural towns or sprawling cities, activists who can mobilize citizens to flood council meetings and hold picket signs are finding success.…

Liberty-loving patriots who got themselves amped up about president Trump’s new gas stations are in for a rude surprise.When the White House announced the “Freedom Fuel” network last week, it bragged that the price at the pump would be just $3.47 per gallon — in honor, of course, of “our 47th president.”But using data on the gas price tracking platform GasBuddy, The Hill found that the locations had prices that were at least $3.57 per gallon, with multiple videos on social media reflecting the same.Unless Trump is planning to be president again four decades from now, we’d say this attempt…

Is it not enough to simply watch the beautiful game, unadorned? These days you might use an AI chatbot to keep abreast of what’s happening in the World Cup. And that AI chatbot, in a sign of the times, might try to shove prediction market odds in your face as another way of ostensibly keeping you up to speed. Because are you really getting the full picture if you don’t know where a bunch of gamblers fall on the outcome?This is exactly what OpenAI is doing. The Sam Altman-led company quietly struck a deal with Kalshi, which lets you bet…

Over 200 economists, researchers and industry executives, including sixteen Nobel Prize winners, signed an urgent letter warning that AI could radically transform the economy at an unprecedented pace and scale — and that policymakers and governments need to move to mitigate the fallout.Titled “We Must Act Now,” the letter is brief. It predicts that “AI may become radically more powerful over the next ten years,” and that acceleration in the tech’s capabilities “could drive an unprecedented transformation of our economy, larger than the Industrial Revolution, but unfolding over a vastly shorter time frame.”While possible risks include “large-scale job displacement,” there may also be…