AI is based on low-paid labor. This interview with one of the people who help decide what Google will show you is worth a read — for starters, he says he makes $3 less per hour than his daughter, who works in fast food.
Elizabeth Lopatto

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Readers of a certain age will recall when McAfee software was unavoidable. McAfee himself became a tabloid fixture.
Nearly every source for this story says they had at some point felt manipulated by McAfee, conned, betrayed. That he was the ultimate hype man who could sell anyone anything. Without him, software companies might’ve had to make their own products more secure and been better prepared for threats worse than dot-com-era viruses.
[Bloomberg.com]
Binance.US’s executives were concerned by the outflows because the transfers were taking place without their knowledge, according to messages reviewed by Reuters. The CEO of Binance.US at the time, Catherine Coley, wrote to a Binance finance executive in late 2020 asking for an explanation for the transfers, calling them “unexpected” and saying “no one mentioned them.”
Fine and normal, we haven’t had any recent cryptocurrency issues with secret transfers, have we?
Gary Wang, cofounder of FTX, isn’t as famous as Sam Bankman-Fried — but he might be the most important part of the government’s case against SBF. The two met in math camp, and this Bloomberg report traces their history together until SBF got a note explaining a witness was cooperating against him:
Reading the cable from the US, Bankman-Fried realized who CC-1 was: Gary Wang.
Or “You Really Got Me.” The Kinks are being censored by Twitter, because I guess no one there likes classic rock. Sad!
Well, according to one ex-Googler:
(1) no mission, (2) no urgency, (3) delusions of exceptionalism, (4) mismanagement.
But all the ad money is covering its sins.
[Medium]


Feeling insecure about the Canadian presence on digital streamers and social media, the Canadian government is days away from passing a law requiring more Canadian content on TikTok, YouTube, Spotify, Netflix and so on...
The idea, said Peter Menzies, a former official at the Canadian Radio-television and Telecommunications Commission, is to promote Canadian artists, tell Canadian stories and “defend Canada from being completely swamped by American programming.”
Sad, isn’t it?
Andy Jassy, the new head of Amazon, has his work cut out for him:
The post-lockdown adjustment is also intensifying scrutiny of Amazon’s expansion into new business areas, especially artificial intelligence where an unprecedented land grab for the breakthrough technology is rapidly getting under way.
Besides concern over Amazon’s long-term debt, there are concerns about whether it can compete with Microsoft in AI and whatever is going on at Whole Foods.
[FinancialTimes]
FT Alphaville ranked banks’ research notes by graphic design, and like, listen, there is a small audience for this story but that audience is going to die of lols. Among the highlights: “Unlike its management, Goldman’s research notes play clean” and “wub wub wub.”