Welcome to the Future!
The largest crypto heist this year happened in late September. $351 million in crypto was heisted from Bitget.
“Bitget has since suspended crypto withdrawals on its network. The company said it has $464 million in its user protection fund, which should cover the costs of the theft.”
SB1130 would have prohibited a person from operating a wearable recording device where a person has a reasonable expectation of privacy. Opponents of the bill, including TechNet, argued that the bill was “unfair to businesses and customers.”
The letter returning the bill to the legislature argues that state laws currently prohibit people from recording other people. It also says the bill “defines wearable recording devices as “too broadly or imprecisely” and that this could lead to confusion and unintended consequences.”
Politico.eu talks about the increases in AI anxiety that span the globe and political spectrum. A new POLITICO Poll finds that pluralities of adults in the U.S., Canada and Europe want to pause AI development regardless of their political leanings — and most believe there’s a real risk the technology could destroy humanity.
Worth the read in The New Yorker, is AI above the law? In a surprise to no one, laws react slower than innovation.
Think of states and cities working out how to fine autonomous vehicles when transportation laws address drivers and these vehicles by definition have no driver.
NYC is the first city to implement a click to cancel subscription policy.
In the press conference, it was revealed by a former FTC Chair that companies see subscription revenue as addictive. Their hard to follow cancellation policies are given cute little nerdy nicknames like “Illiad” for the Trojan horse. @jacobinmag
We’ve talked about big name law schools saying no to AI use. Just last week, a judge in Oklahoma was found to have used citations fabricated by AI in his court orders. European countries are prohibiting technology in classrooms and returning to books and handwriting.
Now we have two large school districts, NYC and LA, prohibiting AI in classrooms. Stateline
Tech Crunch is talking about the AI projects that have been killed. “According to S&P Global Market Intelligence, about 42% of AI initiatives are ultimately abandoned.”
The AI graveyard includes Relay, AI workflow automation; OpenAI’s. Move to turn ChatGPT into a “super app”; Operator, an Open AI product that would search the web for you; Microsoft’s AI powered photographic memory tool; Notion Mail, AI email; Humane AI pin, a wearable AI device; Rabbit AI; Huxe, an AI audio app; Yupp a platform to compare AI answers from different AI models; and Figgs AI that made customizable AI characters for role-play.
Anthropic CEO Dario Amodei wrote a new blog post, that. Lays out 3 strategies to slow AI’s roll.
(1) involves “embedded evaluators” from third-party organizations like METR — evaluators who can verify that AI companies are actually following their pacing and safety commitments.”
(2) “leading AI companies “within democratic countries” to coordinate “common safety standards as well as limits on the rate of unchecked AI progress.”
(3) calls for “global coordination,” where the United States and its allies “attempt to coordinate with authoritarian governments, to the extent this is possible.”
@fortunemag says Salesforce CEO made a bold statement at the 2026 Dreamforce conference. He said to AI firms: Regulate yourselves or get sued. He stressed that AI companies need to be accountable for the risks that they create, comparing AI to nascent social media.
Looks like someone noticed the big dollar verdict that Meta faces.
A bipartisan group of Congress is calling on the U.S. to ban several hack for hire firms. They “accuse the firms of targeting Americans and abusing foreign courts to silence U.S. reporting on their activities.”