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Skating to Where the Puck Is Going, in the Age of AI

Skating to Where the Puck Is Going, in the Age of AI

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Image by 🤦‍♂️爪丨丂ㄒ乇尺 🤷‍♀️🤷‍♂️ 卩丨ㄒㄒ丨几Ꮆ乇尺🤦‍♀️ from Pixabay

We were reading some funding newsletters and noticed that AI-based startups were raising millions and tens of millions, even when they were barely out of the gate. It’s those AI pheromones.

Those are the FOMA investor (and founders) who succumb to their limbic brains – think impulse and addictive behavior, meaning that behavior, for example, that drives you to obsessively check your email or social media. Or launch an AI-based startup, start vibe-coding, and you’re off to the races! It’s that dopamine hit. You’ve learned a lot about AI, how it works. After all, you have been training it – to take your job.

In case you missed it: AMAZON PRIME VIDEO BLOODBATH, @Tech Layoff Tracker reports. “2,847 employees got the email at 6:47 AM PST “Your role has been eliminated effective immediately” Badges dead by 7:15 AM. Slack access revoked mid-sentence Senior engineers who built the entire streaming infrastructure. Gone The team that shipped 40% faster last quarter using Claude for code generation. Eliminated Read More...

Time to Stop and Smell the Absurdities

Time to Stop and Smell the Absurdities

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Image by Clker-Free-Vector-Images from Pixabay

It was something of a travel week for us, and a good time to at long last look at articles in the ‘save for later’ pile, which we did: stopped to smell the absurdities.

Incandescent lightbulbs were outlawed recently in favor of the longer lasting and supposedly more climate friendly LED bulbs, but according to greenmatters, LED Bulbs May Not Be as Great as We Thought — Studies Show Health and Environmental Risks, reporting that “Per a recent study published in the journal Science Advances, researchers from the University of Exeter have noted various health and environmental risks that come with LED lights. According to The Guardian, LED bulbs are becoming increasingly more common, and even though they are more energy efficient, they emit more blue light radiation”…which is harmful to human health and the environment.

What to speak of the fact that they arguably create more of an environmental hazard when it comes to their disposal. Read More...

The Internet of Things Not to be Trusted

The Internet of Things Not to be Trusted

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Image by Mohamed_hassan @Pixabay

While LLMs such as ChatGPT are still very new and people do seem to forgive them for some of the  ‘hallucinations’ qua fabricated information they may deliver, Amazon’s Echo and Alexa have been around for quite some time now and in case you missed it, Amazon Shuts Down Smart Home for a Week Over Racist Slur Claim.

Which begs the question: where does tech end and what belongs to you begin?

“If you bought a toaster, at the end of the day, you own the toaster. It’s your toaster…Alexa is not a subscription service. You buy the devices, and that’s supposed to be it,” said the Microsoft engineer who was shut out of all things in his connected home connected by Amazon-controlled devices, such as Echo and Alexa. Read More...

On Apples, Oranges and Mangos: An End of Summer Compote

On Apples, Oranges and Mangos: An End of Summer Compote

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This week is the last hurrah of summer, so something different this time: a look at what’s been happening in Big Tech at large, primarily with  a number of the FAANG companies – Facebook, Amazon, Apple, Netflix and Google, for those playing the home version – or more appropriately now MAANG, since Facebook is now Meta – and for our purposes here, MAANGO, as we’re including Oracle and some information that recently came to light. Plus, mangos are very much a summer fruit, after all.

Oracle

Speaking of just when you thought it was safe to go back into the water (not!):  Class-Action Lawsuit Accuses Oracle of Tracking 5 Billion People. “Oracle stands accused of collecting detailed dossiers on 5 billion people, with the information gathered including names, home addresses, emails, purchases online and in the real world, physical movements in the real world, income, interests and political views, and a detailed account of online activity,” PC Mag reported.

“This claim is backed up by a video on the ICCL website(Opens in a new window) of Oracle CEO Larry Ellison describing how the company’s real-time machine learning system collects this information and confirms the 5 billion profiles stored in the “Oracle Data Cloud.” The profiles are referred to as a “Consumers Identity Graph.”” Read More...

Buh-Bye Safe Spaces: On Sheltering in the Connected Home

Buh-Bye Safe Spaces: On Sheltering in the Connected Home

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Image by jeferrb from Pixabay

Since we’re all spending so much time at home as a result of offices having been slow to re-open in many places, or people have opted not to return, we felt that it’s a good time to check in on the progress of the Internet of Things (IoT). Good place to start: this TED 2018 presentation on What your smart devices know (and share) about you. We’ve come a long way since then, baby – or at least technology has. Many of us are more or less stuck in our homes – and time to look at the data they’re collecting.

“There are smart lights, smart locks, smart toilets, smart toys, smart sex toys. Being smart means the device can connect to the internet, it can gather data, and it can talk to its owner.

“But once your appliances can talk to you, who else are they going to be talking to? I wanted to find out, so I went all-in and turned my one-bedroom apartment in San Francisco into a smart home. I even connected our bed to the internet. As far as I know, it was just measuring our sleeping habits. I can now tell you that the only thing worse than getting a terrible night’s sleep is to have your smart bed tell you the next day that you “missed your goal and got a low sleep score,” said Kashmir Hill, one of the two presenters, and a journalist who covers privacy and security for Gizmodo. Read More...

The Buck Stops Where?

The Buck Stops Where?

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Tech has always been lax about security, while the average consumer has been socialized more or less to a plug and play environment. Plug in the (non-IoT) iron, plug in the (non-IoT) fridge – they work. If there’s a problem, and the warranty is still in effect, the manufacturer or retailer steps in. The problem is generally resolved.

Just his week, a indignant father reported that the voice from our Nest camera threatened to steal our baby. Worse, he Googled ‘Nest + camera + hacked’ and found out that this happens frequently. As the Mercury News reported, “Nest, which was designed to keep intruders out of people’s homes, effectively allowed hackers to get in.” Read More...

The Secret Formula for a $1T Valuation

The Secret Formula for a $1T Valuation

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AKA, Who Wants to be a Trillionaire? Ok, maybe not a trillionaire, but running a company with a shot at getting to the trillion dollar status, has been there, or is damn close or potentially able to get there? Notice that Apple, Google, Amazon and Facebook – four of the FAANG stocks – all have something in common: they all have 100M+ plus users, and are “trusted” platforms – “trusted” being an odd choice of words here, in our case, but work with us.

While Netflix is also part of the FAANG stocks and ergo potentially a trillion dollar player, the company is now experiencing something less than that Silicon Valley-venerated hockey stick growth, as Netflix reports slowing subscriber growth for the first time, which is also part of our point here. Read More...

Pay Attention to the Insights of Co-Founders

Pay Attention to the Insights of Co-Founders

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If you’ve ever applied to an accelerator or approached (many) investors for funding, one of the most important points they check, especially in the case of investors, is team.

Above all, they want to know about the co-founders, and truth be told, most investors shy away from a startup with a solitary founder, the stated reason most often being that you should be able to find at least one person who shares your vision or passion and is willing to throw in with you. It’s also difficult to operate in a vacuum: much easier if you have that other person off whom to bounce ideas, and to keep you in check, if need be. Read More...