The U.S. and China "are racing to build a truly useful humanoid worker," the Wall Street Journal wrote Saturday, adding that "Whoever wins could gain a huge edge in countless industries."

"The time has come for robots," Nvidia's chief executive said at a conference in March, adding "This could very well be the largest industry of all." China's government has said it wants the country to be a world leader in humanoid robots by 2027. "Embodied" AI is listed as a priority of a new $138 billion state venture investment fund, encouraging private-sector investors and companies to pile into the business. It looks like the beginning of a familiar tale. Chinese companies make most of the world's EVs, ships and solar panels — in each case, propelled by government subsidies and friendly regulations. "They have more companies developing humanoids and more government support than anyone else. So, right now, they may have an edge," said Jeff Burnstein [president of the Association for Advancing Automation, a trade group in Ann Arbor, Michigan]....

Humanoid robots need three-dimensional data to understand physics, and much of it has to be created from scratch. That is where China has a distinct edge: The country is home to an immense number of factories where humanoid robots can absorb data about the world while performing tasks. "The reason why China is making rapid progress today is because we are combining it with actual applications and iterating and improving rapidly in real scenarios," said Cheng Yuhang, a sales director with Deep Robotics, one of China's robot startups. "This is something the U.S. can't match." UBTech, the startup that is training humanoid robots to sort and carry auto parts, has partnerships with top Chinese automakers including Geely... "A problem can be solved in a month in the lab, but it may only take days in a real environment," said a manager at UBTech...

With China's manufacturing prowess, a locally built robot could eventually cost less than half as much as one built elsewhere, said Ming Hsun Lee, a Bank of America analyst. He said he based his estimates on China's electric-vehicle industry, which has grown rapidly to account for roughly 70% of global EV production. "I think humanoid robots will be another EV industry for China," he said. The UBTech robot system, called Walker S, currently costs hundreds of thousands of dollars including software, according to people close to the company. UBTech plans to deliver 500 to 1,000 of its Walker S robots to clients this year, including the Apple supplier Foxconn. It hopes to increase deliveries to more than 10,000 in 2027.

Few companies outside China have started selling AI-powered humanoid robots. Industry insiders expect the competition to play out over decades, as the robots tackle more-complicated environments, such as private homes.
The article notes "several" U.S. humanoid robot producers, including the startup Figure. And robots from Amazon's Agility Robotics have been tested in Amazon warehouses since 2023. "The U.S. still has advantages in semiconductors, software and some precision components," the article points out.

But "Some lawmakers have urged the White House to ban Chinese humanoids from the U.S. and further restrict Chinese robot makers' access to American technology, citing national-security concerns..."

Though it's stock price is still up 200% from its IPO in March of 2024 — last week Reddit's stock had dropped nearly 50% since February 7th.

And then this week, it dropped another 10%, reports Bloomberg, citing both the phenomenon of "volatile technology stocks under pressure" — but also specifically "the gloomy sentiment around Reddit..." The social media platform has struggled to recover since an earnings report in February showed that it is failing to keep up with larger digital advertising peers such as Meta Platforms Inc. and Alphabet Inc.'s Google, which have higher user figures. Reddit's outlook seemed precarious because its U.S. traffic took a hit from a change in Google's search algorithm.

In recent weeks, the short interest in Reddit — a proxy for the volume of bets against the company — has ticked up, and forecasts for the company's share price have fallen. One analyst opened coverage of Reddit this month with a recommendation that investors sell the shares, in part due to the company's heavy reliance on Google. Reddit shares fell more than 5% in intraday trading Friday. "It's been super overvalued," Bob Lang, founder and chief options analyst at Explosive Options said of Reddit. "Their growth rate is very strong, but they still are not making any money." Reddit had a GAAP earnings per share loss of $3.33 in 2024, but reported two consecutive quarters of positive GAAP EPS in the second half of the year...

At its February peak, Reddit's stock had risen over 500% from the $34 initial public offering price last March. Some of the enthusiasm was due to a series of deals in which Reddit was paid to allow its content to be used for training artificial intelligence models. More recently, though, there have been questions about the long-term growth prospects for the artificial intelligence industry.
"On Wall Street, the average price target from analysts has fallen to about $195 from $207 a month ago," the article points out. "That still offers a roughly $85 upside from where shares closed following Thursday's 8% slump..."

Meanwhile Reuters reported that more than 33,000 U.S. Reddit users experienced disruptions on Thursday according to Downdetector.com. "A Reddit spokesperson said the outage was due to a bug in a recent update, which has now been fixed."

"I am having conversations every day with people whose careers are sort of over," a 53-year-old film and TV director told the New York Times: If you entered media or image-making in the '90s — magazine publishing, newspaper journalism, photography, graphic design, advertising, music, film, TV — there's a good chance that you are now doing something else for work. That's because those industries have shrunk or transformed themselves radically, shutting out those whose skills were once in high demand... When digital technology began seeping into their lives, with its AOL email accounts, Myspace pages and Napster downloads, it didn't seem like a threat. But by the time they entered the primes of their careers, much of their expertise had become all but obsolete.

More than a dozen members of Generation X interviewed for this article said they now find themselves shut out, economically and culturally, from their chosen fields. "My peers, friends and I continue to navigate the unforeseen obsolescence of the career paths we chose in our early 20s," Mr. Wilcha said. "The skills you cultivated, the craft you honed — it's just gone. It's startling." Every generation has its burdens. The particular plight of Gen X is to have grown up in one world only to hit middle age in a strange new land. It's as if they were making candlesticks when electricity came in. The market value of their skills plummeted...

Typically, workers in their 40s and 50s are entering their peak earning years. But for many Gen-X creatives, compensation has remained flat or decreased, factoring in the rising cost of living. The usual rate for freelance journalists is 50 cents to $1 per word — the same as it was 25 years ago... As opportunities and incomes dwindle, Gen X-ers in creative fields are weighing their options. Move to a lower-cost place and remain committed to the work you love? Look for a bland corporate job that might provide health insurance and a steady paycheck until retirement?
The article includes several examples of the trend:

• One magazine's photo studio director says professional photographers have been replaced by "a 20-year-old kid who will do the job for $500."

• The article adds that "When photography went digital, photo lab technicians and manual retouchers were suddenly as inessential as medieval scribes." (And "In advertising, brands ditched print and TV campaigns that required large crews for marketing plans that relied on social media posts."")

• An editor at Spin magazine remembers the day its print edition folded...

And besides competition from influencers, there's also AI, "which seems likely to replace many of the remaining Gen X copywriters, photographers and designers. By 2030, ad agencies in the United States will lose 32,000 jobs, or 7.5 percent of the industry's work force, to the technology, according to the research firm Forrester."

Meanwhile the cost of living has skyrocketed, the article points out — even while Gen X-ers "are less secure financially than baby boomers and lack sufficient retirement savings, according to recent surveys..."

The College Board, described as a $2 billion nonprofit, functions as the primary gatekeeper for academic success within American higher education, according to an analysis by Bloomberg. The organization significantly shapes university admissions by controlling not only who gains entry to college but also influencing what students know upon arrival.

This central role in managing and defining higher education admissions positions the Board uniquely. The story adds: The College Board writes the curriculum for 40 AP courses, administers and grades the exams, oversees the PSAT and SAT, and offers a variety of free and paid resources to help prepare for the courses and tests. Many students will wind up paying the company north of $1,000 over the course of their high school career. "If the same people can create the content and create the tests, that's a really great business model where you've got the whole public secondary education system wrapped up in one little company," says Jon Boeckenstedt, the vice provost of enrollment management at Oregon State University and a prominent critic of the College Board.

Housing so many parts of the high school experience under one roof has made the New York-based organization immensely wealthy, with more than $1 billion in annual revenue -- on which it pays no taxes as a 501(c)(3) nonprofit. But mere money isn't the biggest source of the College Board's might. Twelve decades after its creation, it's now the closest thing the fragmented American educational system has to a central governing body, with a huge amount of authority over what students are expected to know when they get to college. Higher education is arguably the most important driver of social mobility, as well as the most powerful force in selecting which members of the next generation will set the political and cultural agenda. By controlling who gets in and what they know when they get there, the College Board has become the chief gatekeeper of academic success in America.

SoftBank Group plans to create industrial parks for AI across the US and is considering an investment of more than $1 trillion, Nikkei reported. From a report: Founder and Chief Executive Officer Masayoshi Son is expected to visit the US to discuss his ideas for such industrial parks, the newspaper said. The factories would likely use AI-equipped robots that would operate autonomously because of labor shortages in the country, according to the report.

Son teamed up with OpenAI and Oracle in January to unveil a $100 billion joint venture to fund AI infrastructure in the US, one of the first such pledges after Donald Trump became president. They said at the time they would deploy $100 billion immediately with the goal of increasing that to at least $500 billion for data centers and physical campuses.

According to the Financial Times, Fidelity Investments is in advanced stages of developing its own stablecoin. Binance reports: The Boston-based financial services giant plans for the token to serve as a form of digital cash, according to the report, which cites two people close to the matter. The token would form part of company's strategy to enter the tokenized government bonds market. Stablecoins are a cryptocurrency whose value is pegged to a real-world asset such as the U.S. dollar or gold. They provide a convenient way for crypto traders to preserve their fiat value without having to cash out of the market.

The news emerges just days after Fidelity filed paperwork to register a blockchain-based version of its U.S. dollar money market fund. The company seeks to register an "OnChain" share class of its Treasury Digital Fund (FYHXX), which holds cash and U.S. Treasury securities and is available only to Fidelity's hedge fund and institutional clients. A Fidelity stablecoin could fill the role of cash in this fund. The report comes a day after World Liberty Financial, a crypto venture backed by Donald Trump and his family, launched a U.S. dollar-pegged stablecoin called USD1.

Here's one more reason to cling to a steady job: It doesn't pay to quit. From a report: Typically workers who snag a new position see higher pay bumps than those holding down the same job. But in February, median wage growth of 4.4% for job stayers surpassed a 4.2% gain for job switchers, according to data from the Federal Reserve Bank of Atlanta. The change, as measured by a three-month moving average, is yet another sign of a softening labor market. White collar workers have been clinging to their jobs in the face of widespread layoffs and workplace reductions. Last month, employers announced the fastest pace of job cuts since 2020, when factoring in government job losses. And now an oversupply of job seekers means workers are having to settle for smaller pay bumps, said Peter Cappelli, a professor of management at The Wharton School of the University of Pennsylvania.

"That certainly sounds like a big slackening of the job market," Cappelli said. It's a major reversal from the "Great Resignation" a few years ago, when workers left their jobs at unprecedented rates, demanding more benefits and higher pay from employers. At a peak in July 2022, workers who got new jobs saw their wages grow by a whopping 8.5% compared to 5.9% for those who stayed loyal to their company, Atlanta Fed data show.

Boeing is seeking to withdraw an earlier agreement to plead guilty in a long-running criminal case that blamed the company for deceiving regulators before two deadly crashes of 737 MAX jets, WSJ is reporting, citing people familiar with the matter. From the report: The aerospace giant is seeking more lenient treatment from the Justice Department, which under the Trump administration is reviewing numerous pending criminal cases that haven't yet gone to trial or been approved by courts. Boeing nearly sealed its fate last year, agreeing in July to plead guilty to defrauding the Federal Aviation Administration. But a federal judge in Texas rejected the proposed deal in December, pushing the resolution beyond the Biden administration.

Now Boeing stands to benefit from fresh eyes at Trump's Justice Department, which is inclined to at least modify parts of the agreement, some of the people said. Allowing Boeing to rescind its plea agreement, or lightening the company's punishment, would mark one of the most prominent examples of the Trump administration's lighter-touch approach to some white-collar enforcement. There were 346 people killed in the two 737 MAX crashes, in 2018 and 2019. The two sides are still negotiating how to propose changes to the deal, expected by April 11, to U.S. District Judge Reed O'Connor, who oversees the case. One possible change under discussion: whether Boeing can forgo hiring an outside monitor to ensure its compliance with the law, the people said.

An anonymous reader quotes a report from Reuters: German software company SAP overtook Danish healthcare company Novo Nordisk as Europe's largest company by market capitalization on Monday. At 0900 GMT, SAP had a market cap of $340 billion, slightly more than Novo Nordisk, according to Reuters calculations using LSEG Workspace data. SAP is Europe's largest software maker, providing business application software used by companies for finance, sales, supply chain and other functions.

Its shares have surged in recent years, in part due to optimism that its cloud business will be a major beneficiary of recent investment in generative artificial intelligence. While SAP shares are up 7% so far in 2025, underperforming the broader European STOXX 600 index, which is up 8.3% year-to-date, they have clocked a total return of 160% since the end of 2022, far outperforming the STOXX 600's 28%. In contrast, Novo Nordisk shares have underperformed the market in recent months after data from trials of its experimental next-generation obesity drug Cagrisema disappointed investors.

An anonymous reader quotes a report from 404 Media: 23andMe filed for Chapter 11 bankruptcy Sunday, 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. 23andMe said in court documents viewed by 404 Media that since hackers obtained personal data about seven million of its customers in October 2023, including, in some cases "health-related information based upon the user's genetics," it has faced "over 50 class action and state court lawsuits," and that "approximately 35,000 claimants have initiated, filed, or threatened to commence arbitration claims against the company." It is seeking bankruptcy protection in part to simplify the fallout of these legal cases, and because it believes it may not have money to pay for the potential damages associated with these cases.

CEO and cofounder Anne Wojcicki announced she is leaving the company as part of this process. The company has the genetic data of more than 15 million customers. According to its Chapter 11 filing, 23andMe owes money to a host of pharmaceutical companies, pharmacies, artificial intelligence companies (including a company called Aganitha AI and Coreweave), as well as health insurance companies and marketing companies. Shortly before the filing, California Attorney General Rob Bonta issued an "urgent" alert to 23andMe customers: "Given 23andMe's reported financial distress, I remind Californians to consider invoking their rights and directing 23andMe to delete their data and destroy any samples of genetic material held by the company."

In a letter to customers Sunday, 23andMe said: "Your data remains protected. The Chapter 11 filing does not change how we store, manage, or protect customer data. Our users' privacy and data are important considerations in any transaction, and we remain committed to our users' privacy and to being transparent with our customers about how their data is managed." It added that any buyer will have to "comply with applicable law with respect to the treatment of customer data."

404 Media's Jason Koebler notes that "there's no way of knowing who is going to buy it, why they will be interested, and what will become of its millions of customers' DNA sequences. 23andMe has claimed over the years that it strongly resists law enforcement requests for information and that it takes customer security seriously. But the company has in recent years changed its terms of service, partnered with big pharmaceutical companies, and, of course, was hacked."

Valve's early anti-piracy efforts, which eventually led to the Steam platform, were sparked by co-founder Monica Harrington's nephew using her money to buy a CD burner for copying games, she revealed at last week's Game Developers Conference. Harrington said her nephew's "lovely thank you note" about sharing games with friends represented a "generational shift" in piracy attitudes that could "put our entire business model at risk."

Half-Life subsequently launched with CD key verification in 1998. When players complained about authentication failures, co-founder Mike Harrington discovered "none of them had actually bought the game," confirming the system worked. Although easily bypassed, this early protection influenced Steam's more robust DRM implemented with Half-Life 2 in 2004, which became the industry standard for PC game distribution.

DNA-testing company 23andMe has filed for Chapter 11 bankruptcy protection [non-paywalled source] in Missouri and announced CEO Anne Wojcicki's immediate resignation, weeks after rejecting her proposal to buy back the business she co-founded. The bankruptcy filing represents "the best path forward to maximize the value of the business," said Mark Jensen, board member and special committee chair.

Further reading: DNA of 15 Million People for Sale in 23andMe Bankruptcy.

It's "live-recording the World Wide Web," according to NPR, with a digital library that includes "hundreds of billions of copies of government websites, news articles and data."

They described the 29-year-old nonprofit Internet Archive as "more relevant than ever." Every day, about 100 terabytes of material are uploaded to the Internet Archive, or about a billion URLs, with the assistance of automated crawlers. Most of that ends up in the Wayback Machine, while the rest is digitized analog media — books, television, radio, academic papers — scanned and stored on servers. As one of the few large-scale archivists to back up the web, the Internet Archive finds itself in a particularly unique position right now... Thousands of [U.S. government] datasets were wiped — mostly at agencies focused on science and the environment — in the days following Trump's return to the White House...

The Internet Archive is among the few efforts that exist to catch the stuff that falls through the digital cracks, while also making that information accessible to the public. Six weeks into the new administration, Wayback Machine director [Mark] Graham said, the Internet Archive had cataloged some 73,000 web pages that had existed on U.S. government websites that were expunged after Trump's inauguration...

According to Graham, based on the big jump in page views he's observed over the past two months, the Internet Archive is drawing many more visitors than usual to its services — journalists, researchers and other inquiring minds. Some want to consult the archive for information lost or changed in the purge, while others aim to contribute to the archival process.... "People are coming and rallying behind us," said Brewster Kahle, [the founder and current director of the Internet Archive], "by using it, by pointing at things, helping organize things, by submitting content to be archived — data sets that are under threat or have been taken down...."

A behemoth of link rot repair, the Internet Archive rescues a daily average of 10,000 dead links that appear on Wikipedia pages. In total, it's fixed more than 23 million rotten links on Wikipedia alone, according to the organization.
Though it receives some money for its preservation work for libraries, museums, and other organizations, it's also funded by donations. "From the beginning, it was important for the Internet Archive to be a nonprofit, because it was working for the people," explains founder Brewster Kahle on its donations page: Its motives had to be transparent; it had to last a long time. That's why we don't charge for access, sell user data, or run ads, even while we offer free resources to citizens everywhere. We rely on the generosity of individuals like you to pay for servers, staff, and preservation projects. If you can't imagine a future without the Internet Archive, please consider supporting our work. We promise to put your donation to good use as we continue to store over 99 petabytes of data, including 625 billion webpages, 38 million texts, and 14 million audio recordings.
Two interesting statistics from NPR's article:

• "A Pew Research Center study published last year found that roughly 38% of web pages on the internet that existed in 2013 were no longer accessible as of 2023."

• "According to a Harvard Law Review study published in 2014, about half of all links cited in U.S. Supreme Court opinions no longer led to the original source material."

Thanks to long-time Slashdot reader jtotheh for sharing the news.

NPR reports on research "into whether our defenses built up from past flu seasons can offer any protection against H5N1 bird flu." So far, the findings offer some reassurance. Antibodies and other players in the immune system may buffer the worst consequences of bird flu, at least to some degree. "There's certainly preexisting immunity," says Florian Krammer, a virologist at Mount Sinai's Icahn School of Medicine who is involved in some of the new studies. "That's very likely not going to protect us as a population from a new pandemic, but it might give us some protection against severe disease." This protection is based on shared traits between bird flu and types of seasonal flu that have circulated among us. Certain segments of the population, namely older people, may be particularly well-primed because of flu infections during early childhood.

Of course, there are caveats. "While this is a bit of a silver lining, it doesn't mean we should all feel safe," says Seema Lakdawala, a virologist at Emory University's School of Medicine whose lab is probing this question. For one thing, the studies can't be done on people. The conclusions are based on animal models and blood tests that measure the immune response. And how this holds up for an individual is expected to vary considerably, depending on their own immune history, underlying health conditions and other factors. But for now, influenza researchers speculate this may be one reason most people who've caught bird flu over the past year have not fallen severely ill....

Research published this month is encouraging. By analyzing blood samples from close to 160 people, a team at the University of Pennsylvania and the University of Chicago were able to show that people born roughly before 1965 had higher levels of antibodies — proteins that bind to parts of the virus — which cross-react to the current strain of bird flu.
This week U.S. federal officials also "announced funding for avian influenza research projects, including money for new vaccine projects and potential treatments," the Guardian report. The head of America's agriculture department said it would invest $100 million, as part of a larger $1 billion initiative to fight bird flu and stop rising egg prices, according to the nonprofit news site Iowa Capital Dispatch.

The latest Facebook whistleblower, a former international lawyer, "cannot grant any of the nearly 100 interview requests she has received from journalists from print and broadcast news outlets in the United States and the United Kingdom," reports the Washington Post (citing "a person familiar with the matter").

That's because of an independent arbiter's ruling that "also bars her from talking with lawmakers in the U.S., London and the EU, according to a legal challenge she lodged against the ruling..." On March 12, an emergency arbiter — a dispute resolution option outside the court system — sided with Meta by ruling that the tech giant might reasonably convince a court that Wynn-Williams broke a non-disparagement agreement she entered as she was being fired by the company in 2017. The arbiter also said that while her publisher Macmillan appeared for the hearing on Meta's motion, Wynn-Williams did not despite having received due notice. The arbiter did not make any assessments about the book's veracity, but Meta spokespeople argued that the ruling meant that "Sarah Wynn Williams' false and defamatory book should never have been published."

Wynn-Williams this week filed an emergency motion to overturn the ruling, arguing that she didn't receive proper notice of the arbitration proceedings to the email accounts Meta knows she uses, according to a copy of the motion seen by The Post. Wynn-Williams further alleged that her severance agreement including the non-disparagement provisions are unenforceable, arguing that it violates laws that protect whistleblowers from retaliation, among other points. In a statement, legal representatives for Wynn-Williams said they were "confident in the legal arguments and look forward to a swift restoration of Ms. Wynn-Williams' right to tell her story."
That book — Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism — is currently #1 on the New York Times best-seller list (and #3 on Amazon.com's best-selling books list). And the incident prompted an article by Wired editor at large Steven Levy titled "Meta Tries to Bury a Tell-All Book." ("Please pause for a moment to savor the irony," Levy writes. "Meta, the company that recently announced an end to fact-checking in posts seen by potentially millions of people, is griping that an author didn't fact-check with them?")

And this led to a heated exchange on X.com between the Wired editor at large and Meta's Chief Technology Officer Andrew Bozworth:

Steven Levy: Meta probably realizes that all-out war on this book will only help its sales. But they are furious that an insider--who signed an NDA!--is going White Lotus on them, showing what it's like on the inside.

Meta CTO Bozworth: Except that it is full of lies, Steven. Shame on you.

Steven Levy: Boz, it would be helpful if Meta called out what it believes are the factual inaccuracies, especially in cases where it calls the book "defamatory."

Meta CTO Bozworth: Sorry you don't get to make up a bunch of stories and then put the burden on the person you lied about. Read the accounts from former employees who have gone through several of the anecdotes and said flatly they did not happen as written and then extrapolate.

Steven Levy: I would love for Sheryl, Mark and Joel to speak out on those anecdotes and give their sides of the story. They are the key subjects of those stories and their direct denial of specific incidents would matter.

Meta CTO Bozworth: Did you read what I wrote? I'm sure you would love to have more fuel for your "nobody wants you to read this" headline, but that's a total bullshit expectation. It isn't unreasonable to expect a journalist like you to do basic diligence. I'm sure you have our comms email!

Steven Levy: Believe me I was in touch with your comms people...

"China is considering trying to blunt greater U.S. tariffs and other trade barriers," reports the Wall Street Journal, "by offering to curb the quantity of certain goods exported to the U.S., according to advisers to the Chinese government." Tokyo's adoption of so-called voluntary export restraints, or VERs, to limit its auto shipments to the U.S. in the 1980s helped prevent Washington from imposing higher import duties. A similar move from Beijing, especially in sectors of key concern to Washington, like electric vehicles and batteries, would mitigate criticism from the U.S. and others over China's "economic imbalances": heavily subsidized companies making stuff for slim profits but saturating global markets, to the detriment of other countries' manufacturers...

The Xi leadership has indicated a desire to cut a deal with the Trump administration to head off greater trade attacks... Similar to Japan, the Chinese advisers say, Beijing may also consider negotiating export restraints on EVs and batteries in return for investment opportunities in those sectors in the U.S. In some officials' views, they say, that might be an attractive offer to Trump, who at times has indicated an openness to more Chinese investment in the U.S. even though members of his administration firmly oppose it.
The article notes agreements like this are also hard to enforce, "particularly when Chinese companies export to the U.S. from third countries including Mexico and Vietnam."

Founded in 1979, the Association for the Advancement of AI is an international scientific society. Recently 25 of its AI researchers surveyed 475 respondents in the AAAI community about "the trajectory of AI research" — and their results were surprising.

Futurism calls the results "a resounding rebuff to the tech industry's long-preferred method of achieving AI gains" — namely, adding more hardware: You can only throw so much money at a problem. This, more or less, is the line being taken by AI researchers in a recent survey. Asked whether "scaling up" current AI approaches could lead to achieving artificial general intelligence (AGI), or a general purpose AI that matches or surpasses human cognition, an overwhelming 76 percent of respondents said it was "unlikely" or "very unlikely" to succeed...

"The vast investments in scaling, unaccompanied by any comparable efforts to understand what was going on, always seemed to me to be misplaced," Stuart Russel, a computer scientist at UC Berkeley who helped organize the report, told New Scientist. "I think that, about a year ago, it started to become obvious to everyone that the benefits of scaling in the conventional sense had plateaued...." In November last year, reports indicated that OpenAI researchers discovered that the upcoming version of its GPT large language model displayed significantly less improvement, and in some cases, no improvements at all than previous versions did over their predecessors. In December, Google CEO Sundar Pichai went on the record as saying that easy AI gains were "over" — but confidently asserted that there was no reason the industry couldn't "just keep scaling up."

Cheaper, more efficient approaches are being explored. OpenAI has used a method known as test-time compute with its latest models, in which the AI spends more time to "think" before selecting the most promising solution. That achieved a performance boost that would've otherwise taken mountains of scaling to replicate, researchers claimed. But this approach is "unlikely to be a silver bullet," Arvind Narayanan, a computer scientist at Princeton University, told New Scientist.

Computer programming jobs in the US have declined by more than a quarter over the past two years, placing the profession among the 10 hardest-hit occupations of 420-plus jobs tracked by the Bureau of Labor Statistics and potentially signaling the first concrete evidence of artificial intelligence replacing workers.

The timing coincides with OpenAI's release of ChatGPT in late 2022. Anthropic researchers found people use AI to perform programming tasks more than those of any other job, though 57 percent of users employ AI to augment rather than automate work. "Without getting hysterical, the unemployment jump for programming really does look at least partly like an early, visible labor market effect of AI," said Mark Muro of the Brookings Institution.

While software developer positions have remained stable with only a 0.3 percent decline, programmers who perform more routine coding from specifications provided by others have seen their ranks diminish to levels not seen since 1980. Economists caution that high interest rates and post-pandemic tech industry contraction have also contributed to the decline in programming jobs, which typically pay $99,700 compared to $132,270 for developers.

Hollywood filmmaker Carl Erik Rinsch has been charged with defrauding Netflix of $11 million after allegedly misusing funds intended for an unfinished science fiction series, federal prosecutors said.

Rinsch, 47, was arrested in West Hollywood this week on charges of wire fraud, money laundering and unlawful monetary transactions that could result in decades of imprisonment if convicted. The FBI and Acting U.S. Attorney for the Southern District of New York allege Rinsch diverted funds meant for his series "Conquest" to speculate on cryptocurrency, stay in luxury hotels and purchase high-end items including five Rolls-Royces and a Ferrari.

Netflix had paid Rinsch $44 million between 2018 and 2019 for the science fiction project about an artificial humanlike species. Prosecutors say he then requested an additional $11 million but never completed the production. An arbitrator ruled in Netflix's favor last year, ordering Rinsch to pay the company $11.8 million. Rinsch appeared in federal court with shackles and posted a $100,000 bond.

The U.S. Treasury Department's sanctions watchdog removed cryptocurrency mixing tool Tornado Cash from its global blacklist on Friday, following a federal appeals court ruling last November that the Office of Foreign Asset Control couldn't sanction its smart contracts. Despite the delisting of over 100 Ethereum addresses from the Specially Designated Nationals list, Treasury Secretary Scott Bessent emphasized continuing concerns about North Korea's digital asset theft operations.

"We remain deeply concerned about the significant state-sponsored hacking and money laundering campaign aimed at stealing, acquiring, and deploying digital assets for the Democratic People's Republic of Korea," Treasury stated. Roman Storm, Tornado Cash co-founder, still faces a July criminal trial for his alleged development role. A Treasury court filing Monday had warned that completely lifting sanctions could have "significantly disruptive consequences for national security."