Browsed by
Category: Silicon Valley

The Deep State of Tech

The Deep State of Tech

Comments 0 Comment
Image by PublicDomainPictures from Pixabay

Last week was Tech Week in New York and since AI is the fastest growing technology in human history, of course the calendar of events was all AI, all the time. We watched as audiences listened with rapt attention to speakers as they expounded upon the world of difference that various AI technologies and their applications would make to the human condition.

Once again, we will remind you that what man cannot remember he is doomed to repeat. Unfortunately, with AI in the mix, it will be repeated on steroids.

When the Age of Social dawned and Facebook, Google and the likes were establishing their beachheads, we warned back then that these were not mere platforms but rather nation-states with larger populations than any single country on the planet. Or even continent, for that matter. Those platforms are now AI-enabled – more and more so every day – and it seems that there’s no escaping that matrix. Read More...

23andMe: Trust the Tech?

23andMe: Trust the Tech?

Comments 0 Comment
Image by Victoria from Pixabay

Variations on a theme and in case you missed it, 23andMe filed for Chapter 11 bankruptcy Privacy, “leaving the fate of millions of people’s genetic information up in the air as the company deals with the legal and financial fallout of not properly protecting that genetic information in the first place. The filing shows how dangerous it is to provide your DNA directly to a large, for-profit commercial genetic database; 23andMe is now looking for a buyer to pull it out of bankruptcy,” as 404 Media et al reported.

“Once valued at $6 billion, executives have yet to find a bidder for the $50 million gene testing company that has never turned a profit,” Reddit noted, but that’s a whole other story.

“This strategic shift coincides with the resignation of its co-founder and CEO, Anne Wojcicki, who stepped down to spearhead an independent bid to acquire the company after facing repeated rejections from its board,” said Reclaim the Net. “For the millions who entrusted their DNA to 23andMe, the assumption might have been that such intimate data enjoys the ironclad protections of the Health Insurance Portability and Accountability Act (HIPAA), a law designed to shield sensitive health information from unauthorized disclosure. Yet, 23andMe operates outside HIPAA’s reach, leaving it tethered only to its own privacy policies — rules it can rewrite at will.” Read More...

Exactly Who Was Behind that TikTok Ban?

Exactly Who Was Behind that TikTok Ban?

Comments 0 Comment
Photo by Annie Spratt on Unsplash

Whether the TikTok ban was short-lived or not, time will tell. It’s back for now, which is good news for the said 170M Americans who depend on the platform for income.

So, with all of the egregious behavior we’ve seen on the part of platforms like Google/Alpha with its globally recognized monopolistic practices and Facebook, which has how many lawsuits against them,  it was TikTok that suddenly went dark?

If you’re wondering why Congress moved so quickly and decisively against TikTok, you need to look no further than to Mark Zuckerberg himself. Read More...

Tech’s New Blame Game

Tech’s New Blame Game

Comments 0 Comment
Image by Mohamed Hassan from Pixabay

Tech is fond of its mantras, especially in Silicon Valley, and the latest seems to be, ‘It’s You, Not Us.”

23andMe tells victims it’s their fault that their data was breached, TechCrunch reported. In December, 23andMe admitted that hackers had stolen the genetic and ancestry data of 6.9 million users, nearly half of all its customers.” Since users “had opted-in to 23andMe’s DNA Relatives feature, an optional feature allows customers to automatically share some of their data with people who are considered their relatives on the platform,” the hackers were able to scrape personal data from another 6.9 million customers whose accounts were not directly hacked.

The original hack had been to some 14,000 accounts. Read More...

The 23 Memorable People & ‘Peccadillos’ of ’23 – Part One

The 23 Memorable People & ‘Peccadillos’ of ’23 – Part One

Comments 1 comment
Image by Rosy / Bad Homburg / Germany from Pixabay

Remember all the dumb things you did when you were 23 and thought you knew everything? No, the year wasn’t all bad. Then again, when you were 23, you had your moments, too…

We’ve made our list and checked it twice, so without further ado, the people and peccadillos of the year that’s coming to an end, but the real question is, in many cases, when – and where – does it stop?

  1. Sam Bankman-Fried. He held our attention for quite a spell, as tales of his exploits were revealed: defrauding investors left and right and spending money like it grew on trees. Which it did for him: shake the tree and there were even more funds in the FTX coffers. The one-time crypto king believed that his true strength was in his hair and that those carefully unkempt locks made all the difference in his meteoric rise. Maybe they did for a spell, but speaking of locks, fraud is fraud and the former wunderkind is heading to prison for an even longer spell.
  2. The new cryminal class. SBF tops long list of crypto hot shots facing legal reckoning. “His case was far from the first — or last — time that crypto founders and executives found themselves in legal hot water related to their digital-asset activities,” the Toronto Sun pointed out. There was also Terraform Labs co-founder Do Kwon; Alex Mashinsky, the former chief executive of Celsius Network; Su Zhu, co-founder of the bankrupt Three Arrows Capital hedge fund and Thomas Smith, Kyle Nagy, and Braden Karony — the people behind the crypto token SafeMoon, who were accused by federal prosecutors of using millions in investors’ funds to buy luxury homes and McClaren sports cars. When you can live that large is so short an amount of time, chances are there’s a small cell in your future.

Biometrics collection is certainly growing. Read More...

Who Doesn’t Enjoy a Good Tech Bro Pissing Match?

Who Doesn’t Enjoy a Good Tech Bro Pissing Match?

Comments 0 Comment
Image by 849356 from Pixabay

There was a recent, er, exchange of words between that grandaddy of accelerators, Y Combinator, or rather CEO Garry Tan, and Ari Partovi, founder and CEO of relative upstart accelerator, Neo. During a keynote he gave at HackMIT, in “his 15-minute speech, Partovi says he mentioned YC once, saying: “The mentor ratio: we have as many mentors as Y Combinator, except they’re serving 20 startups rather than 250 startup,” TechCrunch reported.

“The comment seemingly infuriated (Tan), who took to X… to write: “Competition is good. What isn’t OK is when competitors like Neo slander Y Combinator by saying ‘YC does not offer personalized advice’… YC has 12 group partners including me: When we fund you you get 1:1 advice for the life of your startup.”

Boys, boys, boys!

Tan’s are fightin’ words – and Partovi’s, from Tan’s point of view, possibly tortuous, in the legal sense. Or, as the TechCrunch headline put it, Why is Y Combinator so defensive lately? Read More...

Technology’s Marks of Evil?

Technology’s Marks of Evil?

Comments 0 Comment
Image by Alexa from Pixabay

What is it with that name and the need to control? Or manipulate. We refer to the Mar(c)(k)s Andreessen and Zuckerberg, respectively.

Although the spellings may be different to deceive the clueless.

Marc Andreessen, who a while back explained Why Software Is Eating the World, is now instructing us on Why AI Will Save The World. Mind you, in his earlier a16Z blog post, while he was right about how technology would take over, he didn’t bother to mention what we’d have to surrender for the privilege: our privacy and all our personal information. Read More...

The Long Tale of the Shortcut

The Long Tale of the Shortcut

Comments 0 Comment
Image by Roland Schwerdhöfer from Pixabay

Bill Gates was a college dropout. Steve Jobs quit after one semester. Mark Zuckerberg didn’t finish, either.  So it was no wonder that, when the tech sector rose to prominence, kids believed that dropping out of college and starting a company was de rigueur for success in life. And to be wealthy and lionized.

The Age of Social loved tech ‘luminaries’ such as Zuck and Jack Dorsey and how convenient that their genius could be amplified on the very platforms they created. Tech founders were the rockstars of the computer age.

We know things move faster in the online world, but how did these guys get so rich and powerful in so short an amount of time? Read More...

Lessons from the Silicon Valley Bank Demise

Lessons from the Silicon Valley Bank Demise

Comments 0 Comment
Photo by Mariia Shalabaieva on Unsplash

This begins with a tale of one of our readers who had customer support problems with three different platforms:

A payments platform – wrong bank account#, contact email, plus phone# attached to a different account.

A hosting service – the reader had a new phone and was setting up the email account. Read More...

Software Is Cheating the World

Software Is Cheating the World

Comments 0 Comment
Photo by Thought Catalog on Unsplash

For some time now, the members of the tech synod have been considered to be the smartest guys in the room. They seem to just know what’s best for the world on all fronts and never mind that there is a difference between science and computer science.

For example, a Mexico-based startup will next week launch sulfur particles into the stratosphere in a “rogue” move to create a “mini-volcano” effect it says could help cool the planet…But experts in geoengineering say the launches set a dangerous precedent for private companies or governments to interfere with the planet’s atmosphere,” MSN reported (Climate change activist goes rogue releasing ‘mini volcanoes’ to cool atmosphere (msn.com)).

Well, consider volcanoes. Massive volcanic eruptions spew billowing clouds of chemicals into the atmosphere and block out the sun, as these ‘scientists’ are attempting to do – which tends to lead to failing crops and starvation. Read More...