Tuesday, 25 November
19:00 EST
When private equity invests in youth sports facilities [NPR Topics: News]
NPR's Juana Summers speaks with Luke Goldstein of The Lever, who wrote about the rise of private equity control of youth hockey facilities.
18:00 EST
In an essay published in The Verge, Benjamin Riley argues that today's AI boom is built on a fundamental misunderstanding: language modeling is not the same as intelligence. "The problem is that according to current neuroscience, human thinking is largely independent of human language -- and we have little reason to believe ever more sophisticated modeling of language will create a form of intelligence that meets or surpasses our own," writes Riley. Slashdot reader RossCWilliams shares the report, writing: The article goes on to point out that we use language to communicate. We use it to create metaphors to describe our reasoning. That people who have lost their language ability can still show reasoning. That human beings create knowledge when they become dissatisfied with the current metaphor. Einstein's theory of relativity was not based on scientific research. He developed it as thought experiment because he was dissatisfied with the existing metaphor. It quotes someone who said, "common sense is a collection of dead metaphors." And that AI, at best, can rearrange those dead metaphors in interesting ways. But it will never be dissatisfied with the data it has or an existing metaphor. A different critique (PDF) has pointed out that even as a language model AI is flawed by its reliance on the internet. The languages used on the internet are unrepresentative of the languages in the world. And other languages contain unique descriptions/metaphors that are not found on the internet. My metaphor for what was discussed was the descriptions of the kinds of snow that exist in Inuit languages that describe qualities nowhere found in European languages. If those metaphors aren't found on the internet, AI will never be able create them. This does not mean that AI isn't useful. But it is not remotely human intelligence. That is just a poor metaphor. We need a better one. Benjamin Riley is the founder of Cognitive Resonance, a new venture to improve understanding of human cognition and generative AI.
Read more of this story at Slashdot.
US Banks Scramble To Assess Data Theft After Hackers Breach Financial Tech Firm [Slashdot]
An anonymous reader quotes a report from TechCrunch: Several U.S. banking giants and mortgage lenders are reportedly scrambling to assess how much of their customers' data was stolen during a cyberattack on a New York financial technology company earlier this month. SitusAMC, which provides technology for over a thousand commercial and real estate financiers, confirmed in a statement over the weekend that it had identified a data breach on November 12. The company said that unspecified hackers had stolen corporate data associated with its banking customers' relationship with SitusAMC, as well as "accounting records and legal agreements" during the cyberattack. The statement added that the scope and nature of the cyberattack "remains under investigation." SitusAMC said that the incident is "now contained," and that its systems are operational. The company said that no encrypting malware was used, suggesting that the hackers were focused on exfiltrating data from the company's systems rather than causing destruction. According to Bloomberg and CNN, citing sources, SitusAMC sent data breach notifications to several financial giants, including JPMorgan Chase, Citigroup, and Morgan Stanley. SitusAMC also counts pension funds and state governments as customers, according to its website. It's unclear how much data was taken, or how many U.S. banking consumers may be affected by the breach. Companies like SitusAMC may not be widely known outside of the financial world, but provide the mechanisms and technologies for its banking and real estate customers to comply with state and federal rules and regulations. In its role as a middleman for financial clients, the company handles vast amounts of non-public banking information on behalf of its customers. According to SitusAMC's website, the company processes billions of documents related to loans annually.
Read more of this story at Slashdot.
17:00 EST
Plex’s crackdown on free remote streaming access starts this week [Ars Technica - All content]
Plex is starting to enforce its new rules, which prevent users from remotely accessing a personal media server without a subscription fee.
Previously, people outside of a server owner’s network could access the owner’s media library through Plex for free. Under the new rules announced in March, a server owner needs to have a Plex Pass subscription, which starts at $7 per month, to grant users remote access to their server. Alternatively, someone can remotely access another person’s Plex server by buying their own Plex Pass or a Remote Watch Pass, which is a subscription with fewer features than a Plex Pass and that Plex started selling in April for a $2/month starting price.
Plex’s new rules took effect on April 29. According to a recent Plex forums post by a Plex employee that How-To Geek spotted today, the changes are rolling out this week, with a subscription being required for people using Plex’s Roku OS app for remote access. The Plex employee added:
GPU prices are coming to earth just as RAM costs shoot into the stratosphere [Ars Technica - All content]
It’s not a bad time to upgrade your gaming PC. Graphics card prices in the 2020s have undulated continuously as the industry has dealt with pandemic and AI-related shortages, but it’s actually possible to get respectable mainstream- to high-end GPUs like AMD’s Radeon RX 9060 XT and 9070 series or Nvidia’s RTX 5060, 5070, and 5080 series for at or slightly under their suggested retail prices right now. This was close to impossible through the spring and summer.
But it’s not a good time to build a new PC or swap your older motherboard out for a new one that needs DDR5 RAM. And the culprit is a shortage of RAM and flash memory chips that has suddenly sent SSD and (especially) memory prices into the stratosphere, caused primarily by the ongoing AI boom and exacerbated by panic-fueled buying by end users and device manufacturers.
To illustrate just how high things have jumped in a short amount of time, let’s compare some of the RAM and storage prices listed in our system guide from three months ago to the pricing for the exact same components today. Note that several of these are based on the last available price and are currently sold out; we also haven’t looked into things like microSD or microSD Express cards, which could also be affected.
China launches an emergency lifeboat to bring three astronauts back to Earth [Ars Technica - All content]
An unpiloted Chinese spacecraft launched late Monday and linked up with the country’s Tiangong space station a few hours later, providing a lifeboat for three astronauts stuck in orbit without a safe ride home.
A Long March 2F rocket fired its engines and lifted off with the Shenzhou 22 spacecraft, carrying cargo instead of a crew, at 11:11 pm EST Monday (04:11 UTC Tuesday). The spacecraft docked with the Tiangong station nearly 250 miles (400 kilometers) above the Earth about three-and-a-half hours later.
Chinese engineers worked fast to move up the launch of the Shenzhou 22, originally set to fly next year. On November 4, astronauts discovered one of the two crew ferry ships docked to the Tiangong station had a damaged window, likely from an impact with a small fragment of space junk. The crew members used a microscope to photograph the defect from different angles, confirming a small triangular area with a crack, Zhou Jianping, chief designer of China’s human spaceflight program, told Chinese state media.
AI Could Replace 3 Million Low-Skilled Jobs in the UK By 2035, Research Warns [Slashdot]
Up to 3 million low-skilled jobs could disappear in the UK by 2035 because of automation and AI, according to a report by a leading educational research charity. The Guardian: The jobs most at risk are those in occupations such as trades, machine operations and administrative roles, the National Foundation for Educational Research (NFER) said. Highly skilled professionals, on the other hand, were forecast to be more in demand as AI and technological advances increase workloads "at least in the short to medium term." Overall, the report expects the UK economy to add 2.3 million jobs by 2035, but unevenly distributed. The findings stand in contrast to other recent research suggesting AI will affect highly skilled, technical occupations such as software engineering and management consultancy more than trades and manual work.
Read more of this story at Slashdot.
Sen. Mark Kelly: Trump and Hegseth don't 'understand the Constitution' [NPR Topics: News]
Sen. Mark Kelly, D-Ariz., and other congressional Democrats released a video last week letting service members know they can refuse illegal orders. Kelly is now being investigated for misconduct.
(Image credit: Zayrha Rodriguez)
New limits for rent algorithm that prosecutors say let landlords drive up prices [NPR Topics: News]
Landlords could no longer rely on rent-pricing software to quietly track each other's moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal prosecutors.
(Image credit: Mark Schiefelbein)
