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Meta, ByteDance Must Face Lawsuit Over ‘Subway Surfing’ Death

  • Meta Platforms and ByteDance are facing a wrongful death lawsuit over the death of a 15-year-old boy who was allegedly incited by social media to engage in 'subway surfing'.
  • The lawsuit accuses social media platforms of encouraging addictive behavior, particularly among young individuals.
  • The judge ruled that the platforms may be liable for actively promoting content beyond just providing access, based on their algorithms and targeted content.
  • The mother of the deceased teenager alleges that her son was addicted to social media and directed to engage in dangerous challenges like subway surfing, leading to the lawsuit.

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Google Buys Power From Nascent Fusion Project

  • Google has signed a deal with Commonwealth Fusion Systems to purchase 200 megawatts of clean fusion power from a project called ARC in Virginia.
  • The project aims to be the first grid-scale power plant using fusion technology, with a planned total capacity of 400 MW and scheduled to go online in the early 2030s.
  • Even though there are scientific challenges to overcome regarding fusion technology, Google sees this investment as a 'longer-term bet.' The company has been investing in CFS since 2021.
  • While fusion energy has been sought for decades as a carbon-free energy source, it has not yet delivered more power than is required to start the reaction. In contrast, other tech firms have turned to conventional nuclear energy for powering data centers.

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Medium

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️The Artist, the Architect, the Elder Mage: A Reckoning for the Age of AI and Creation

  • An artist defends their use of AI in creating art, emphasizing the importance of craftsmanship and collaboration in the process.
  • The artist explains that while AI-assisted tools were used, the final artwork underwent extensive curation, revision, and direction by trained artists.
  • The project aimed to enhance talent, accelerate production, and empower vision, but control was never handed over to algorithms, mediocrity was not accepted, and hard work was not skipped.
  • The artist highlights that the project's success was not about trends but about perseverance, research, testing, development, and building a lasting foundation.

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TechBullion

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How Data Transformation Drives Operational Excellence in Modern Banking 

  • Financial institutions are transitioning to cloud platforms for operational excellence, scalability, and cost reduction.
  • A global bank successfully migrated its on-premises data warehouse to a unified cloud platform under the leadership of data analytics professional Sohag Maitra.
  • The migration involved redesigning the data architecture to leverage cloud-native capabilities while ensuring security and governance standards.
  • The cloud platform implementation led by Sohag improved analytics capabilities, system performance, and scalability for the bank, positioning it for future success in a rapidly evolving financial landscape.

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Canadian-Founded Blockchain Project, ZDKL, Could Revolutionize Peace Through Trade for Businesses and Content Creators

  • Decentralized transactions offer a way to bypass traditional financial regulations for businesses.
  • ZDKL, a Canadian-founded blockchain project, aims to combine compliance with decentralized infrastructure.
  • ZDKL-PTT coin drives the digital economy by benefiting various individuals and institutions.
  • Focused on regulatory compliance and empowering underserved communities in the digital economy.
  • Promotes economic sovereignty by equipping small businesses and content creators with on-chain tools.

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Medium

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Value is shifting across the knowledge economy — because the marginal

  • Gutenberg's press revolutionized printing in the 1440s, transferring control from scribes to printers and secular thinkers.
  • The digital media era in the 2000s saw a shift from production to attention and algorithmic placement, with the rise of user-generated content on platforms like YouTube.
  • In the 2010s, ecommerce infrastructure advancements led to a focus on speed, trust, and brand narrative over product cost, with parcel delivery costs decreasing.
  • Currently, knowledge margins are rapidly eroding, impacting sectors like content creation, creator monetization, SaaS unit economics, and consulting services.

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The Mechanics of Industry Genesis

  • Digital technologies such as e-commerce, mobile applications, and platform-based businesses are enabling the formation of new industries by creating direct connections and disintermediating traditional sectors.
  • Innovations that start by solving specific efficiency problems evolve into General Purpose Technologies (GPTs) that transform entire economies through a seven-stage process.
  • Industries like aerospace, healthcare, real estate, manufacturing, agriculture, and energy are systematically applying e-commerce principles to disintermediate traditional intermediaries and create direct connections, leading to the formation of new markets.
  • The framework of identifying intermediary inefficiencies, applying digital platform principles, creating direct connections, and enabling other sectors serves as a guide for future industry formation opportunities in the digital age.

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Beyond Blueprints: Why Your Software Needs a Greenhouse, Not a Factory

  • Software development has evolved from rigid Waterfall model to Agile and now DevOps.
  • The pursuit of optimizing processes can lead to overlooking the health of the end product, especially with the introduction of AI-generated code.
  • The article introduces the concept of an 'AI Greenhouse' to cultivate software instead of just assembling it, emphasizing collaboration between humans and AI.
  • The 'Greenhouse' model represents a fundamental shift in mindset in software development, focusing on growth and potential rather than control and predictability.

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UX Design

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New innovation cycle; same wicked problem

  • AI-powered innovation is facing the challenge of prioritizing speed over depth.
  • Despite advancements in technology, organizational problems persist in the design industry.
  • There is a growing tension as organizations focus more on tool-savvy execution over strategic thinking.
  • The friction between evolving tools, teams, and technologies continues to increase.

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OpenAI ‘Rents Google Chips’ For AI Inference

  • OpenAI has started renting Google’s Tensor Processing Unit (TPU) AI chips through Google Cloud infrastructure for AI inference, moving away from its previous reliance on Nvidia hardware.
  • Google is not providing OpenAI with access to its most powerful TPU chips, which are reserved for internal use, and OpenAI may potentially expand the use of Google's chips beyond inference to training.
  • This shift marks OpenAI's strategy to reduce reliance on Microsoft's Azure cloud infrastructure and diversify its computing infrastructure to meet the demands of its AI models.
  • The move is part of OpenAI's broader plan to transition into a for-profit public-benefit corporation, renegotiating its relationship with Microsoft and expanding its infrastructure with projects like Stargate AI data centre supported by Oracle and SoftBank.

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Section 8 Search Helps You Locate Affordable Housing Faster

  • Section 8 search tools ease finding affordable housing with subsidies.
  • Efficient search filters and updated listings help find suitable homes faster.
  • Personalized recommendations and transparency between renters and landlords streamline processes.
  • Faster approvals, reduced financial stress, and community connections are additional advantages.

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Meta Looks To Raise $29bn For AI Expansion – FT

  • Meta Platforms aims to raise $29 billion through private capital firms for AI data centre expansion in the US.
  • Credit investors like Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco are in talks for $3bn equity and $26bn debt fundraising.
  • Meta is considering different debt structures and may seek additional capital.
  • The company is increasing AI-related investments to compete with Google and OpenAI, involving partnerships and hiring key personnel.

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TechBullion

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The Future of Custom Software Development in an AI-First World

  • AI plays a crucial role in modern business, transforming custom software development.
  • Contrary to predictions, custom software remains essential, becoming sophisticated with AI integration.
  • AI tools enhance productivity, improve code quality, and enable personalized user experiences.
  • Integration of AI in software solutions offers a competitive edge and drives innovation.
  • Balancing traditional and AI-based approaches is key to future success in software development.

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Xiaomi Launches AI-Powered Smart Glasses

  • Xiaomi has launched AI-powered smart glasses to compete in the smart gadget market dominated by large players like Meta.
  • The smart glasses, priced at 1,999 yuan, feature a 12-megapixel camera, Qualcomm's AR1 chip, and longer battery life compared to Meta's offering.
  • Users can use voice commands to take photos, record videos, translate text, and make payments using the built-in camera for QR codes.
  • Xiaomi also unveiled other products at the event, including a foldable phone, smart band, home appliances, and backed Superhexa's AI-powered audio glasses.

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Gartner: 40 Percent Of AI Agent Projects To Be Cancelled By 2027

  • Gartner predicts that 40 percent of AI agent projects will be cancelled by 2027 due to high costs and poor returns on investment, with many projects in early stages and driven by hype.
  • Most AI agent projects are experimental and often misapplied, with organizations underestimating the cost and complexity of deploying AI agents at scale.
  • Many so-called AI agents are actually repackaged versions of existing tools like chatbots and robotic process automation, with only a small fraction having true agentic capabilities.
  • While some projects labeled as agentic lack significant value, Gartner forecasts that AI agents could autonomously make 15 percent of day-to-day decisions by 2028 and be included in 33 percent of enterprise software applications.

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