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News on Medial
Bill Gates thought the internet would make all of us more responsible, but he realized it just helped 'a critical mass of crazy people' find each other
Business Insider
·
1y ago
Medial
Bill Gates initially believed that the internet would make the world more rational and fact-based. However, he has come to realize that it has become a tool for disinformation and "crazy ideas." Gates acknowledged that the internet has enabled like-minded individuals with unconventional beliefs to find each other, citing groups like QAnon. Despite this, Gates remains positive about the potential of artificial intelligence to relieve labor shortages and bring prosperity to the world. He also supports the regulation of AI and thinks that opposing it is foolish.
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Bill Gates says AI won't magically solve problems that humans aren't already good at
Business Insider
·
1y ago
Medial
Bill Gates, a leading advocate for AI, acknowledges the strengths and weaknesses of the technology. He highlights its game-changing potential in sectors like pharmaceuticals and agriculture but acknowledges that it struggles with certain tasks that humans find easier. Gates emphasizes the need for data that embodies expertise, stating that AI can enhance forecasting models but won't solve all complex problems like human happiness. He also mentions AI's inability to check answers in complex math problems. Despite these limitations, Gates remains optimistic about the potential benefits of AI for humanity.
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Gates says losing phone market to Android was 'biggest mistake'
Inshorts
·
6m ago
Medial
In a chat with Eventbrite CEO Julia Hartz, Bill Gates admitted that Microsoft’s failure in the smartphone market was his biggest mistake. He said Microsoft could’ve beaten Apple if they had entered earlier. Reacting to this, Android co-founder Rich Miner shared that he helped create Android and stopped Microsoft from taking over, preventing a monopoly and protecting innovation.
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From sci-fi to state law: California’s plan to prevent AI catastrophe
Arstechnica
·
1y ago
Medial
California's proposed bill, SB-1047, aims to regulate the safety of large artificial intelligence (AI) models. The bill requires companies behind AI models with significant training costs to implement testing procedures and systems to prevent and respond to safety incidents. These incidents are defined as AI systems enabling critical harms leading to mass casualties or significant damage. While some argue that the bill is necessary to prevent future AI threats, critics suggest that it focuses too much on fictional concerns and could hinder technological advancements.
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Bill Gates-backed startup cracks Rs 1 Crore deal with Aman Gupta
Inshorts
·
1y ago
Medial
Backed by billionaire Bill Gates, the startup's inventors claim their device could prevent the deaths of thousands of Indian infants, who die each year as a result of inadequate access to healthcare in rural areas. The panel of sharks, which included Aman Gupta, Peyush Bansal, Vineeta Singh, Ritesh Agarwal, and Radhika Gupta, complimented them on their noble cause.
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Bill Gates on nuclear energy, investing billions, costs, risks & more
Livemint
·
1y ago
Medial
Bill Gates has expressed his commitment to investing "billions more" into new-generation nuclear power plants, despite the challenges and criticisms associated with the technology. He emphasized the need for global collaboration and scaling of projects to drive down costs. Gates also discussed the safety features of his TerraPower nuclear plant in Wyoming, stating that nuclear power has a good track record despite past incidents. He believes that working with countries like France, the UK, Japan, and South Korea can demonstrate the potential of next-generation nuclear power and lead to the reconsideration of nuclear energy in countries like Germany. Gates aims to find energy sources with zero emissions and lower costs than coal, and he sees innovation as the key to driving profitability in the sector.
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Meet SOCOM, the special US forces that may enter Iran to take care of 'loose nukes'
Economic Times
·
1m ago
Medial
U.S. President Donald Trump is considering military action against Iran due to potential nuclear threats. A decision is expected within weeks, as Iran nears nuclear weapon capability. In such scenarios, U.S. Special Operations Command (SOCOM) could intervene, particularly if Iran's nuclear materials become unsecured. SOCOM, responsible for countering weapons of mass destruction, has a history of tackling global threats from extremist groups to narco-traffickers, underscoring its critical role in U.S. defense strategy.
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Founders must know when to pivot when things are off: String Bio cofounder Vinod Kumar
Economic Times
·
1y ago
Medial
Vinod Kumar, CEO and co-founder of String Bio, shares how a strategic pivot helped his company find success in the market. Originally focused on building biodegradable plastics, the founders quickly realized the lack of demand and pivoted to creating ingredients for the nutraceuticals industry. They now operate three business units and are exploring options to brand their own products. While building a hardware product company in India has its challenges, government initiatives and policy support are providing some assistance. Kumar aims to significantly increase revenues by the end of FY24. Source: Economic Times
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Zomato & Swiggy cursed to be in same sector: Zomato CEO Deepinder Goyal
Inshorts
·
2y ago
Medial
Deepinder Goyal, the CEO of Zomato, expressed that Zomato and Swiggy are the top companies in the Indian internet ecosystem and coincidentally find themselves operating in the same sector. Goyal highlighted that Zomato and Swiggy have a healthy competition and stated that unlike the stories of ride-hailing startups hacking each other's systems, such incidents have not occurred in their industry.
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Is Elon Musk in ‘Demon Mode’? New biography digs deeper
Livemint
·
1y ago
Medial
Walter Isaacson's biography of Elon Musk, which delves into Musk's complex relationship with his father and his extreme ambition, has become a bestseller in the United States before its official release. The book offers new insights into Musk's life, including an incident involving Starlink and the Ukrainian military, and his acquisition of Twitter (now rebranded as X), where numerous employees were fired. It also touches on Musk's strong-willed nature and his refusal to collaborate with Bill Gates due to stock market differences. The biography reveals that Musk has fathered 10 children, including a previously undisclosed child with Grimes and twins via sperm donation to a Neuralink executive. While some praise Isaacson's deep reporting, others find the book lacking in nuance.
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Australia threatens fines for social media giants enabling misinformation
Economic Times
·
11m ago
Medial
Australia plans to fine internet platforms up to 5% of their global revenue for failing to counter the spread of online misinformation. The move aims to hold tech giants accountable, but has received criticism from free speech advocates. The government intends for tech platforms to establish codes of conduct that govern the prevention of dangerous falsehoods online, subject to regulatory approval. If platforms fail to comply, the regulator can set its own standards and impose fines. The legislation targets false content related to election integrity, public health, defamation, and critical infrastructure. The bill forms part of Australia's broader efforts to enhance regulation in the digital space.
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