The Rubik's Cube has been reimagined as a $299 tech gadget featuring 24 mini IPS screens, a gyroscope, accelerometer, speakers, and Bluetooth connectivity. Called the WOWCube, it runs its own "CubiOS" system, supports downloadable games and apps, and can transform into everything from a mini arcade to a virtual aquarium. Ars Technica reports: Rather than a solid-colored sticker, each of the toy's 24 squares is a 240x240 IPS display. The cube itself is composed of eight "cubicle modules," as Cubios, the company behind the toy, calls them. Each module includes three of those IPS screens and a dedicated SoC. [A Cubios support page has additional details.] Each of the 24 displays can be set to show a solid color for solving a simpler, but still captivating, Rubik's puzzle. Alternatively, the screens can be twisted and turned to play dozens of different games, including Block Buster, Space Invaders, and Jewel Hunter.

Also part of the toy is a gyroscope, 6-axis accelerometer, and eight speakers. Cubios claims the integrated battery can last for up to seven hours before needing a recharge. In order to add games or other apps to the WOWCube, you must download the WOWCube Connect iOS or Android app, pair the toy with your phone over Bluetooth, and then use the mobile app to download games onto the WOWCube. Currently, the WOWCube's online app store lists 47 games; some cost money to download, and some aren't available yet. The WOWCube runs its own operating system, dubbed CubiOS, and Cubios (the company) offers a free DevKit. WOWCube attempts to bring additional functionality to Rubik's cubes with, as of this writing, nine additional apps, including a timer and apps that make the toy look like an aquarium or snow globe, for instance.

An anonymous reader quotes a report from The Guardian: MEPs voted on Wednesday by 355 in favor to 247 against to reserve names such as "steak", "burger" and "sausage" exclusively for products derived from meat, a longstanding demand of farm unions. In order to come into effect, the idea would have to be approved by a majority of the EU's 27 member states, which is far from certain. The vote is a victory for the French centre-right MEP Celine Imart, who drafted the amendment to legislation intended to strengthen the position of farmers in the food supply chain.

Imart, who is also a cereals farmer in north-west France, said: "A steak, an escalope or a sausage are products from our livestock, not laboratory art nor plant products. There is a need for transparency and clarity for the consumer and recognition for the work of our farmers." She argues the proposal is in line with EU rules that already ban the use of terms such as "milk" and "yoghurt" for non-dairy products.

The European parliament rejected a ban on meaty names for plant-based products in 2020, but the 2024 elections shifted the parliament to the right, bringing in more lawmakers who seek close ties with farmers. Opposition was led by Green MEPs, who decried what they saw as a populist move to rename plant-based foods. "Veggie burgers, seitan schnitzel and tofu sausage do not confuse consumers, only rightwing politicians," Thomas Waitz, an Austrian Green MEP, said after the vote. "This tactic is a diversion and a pathetic smokescreen. No farmer will earn more money or secure their future with this ban."

Shayne Coplan, a 27-year-old NYU dropout who founded Polymarket from his bathroom in 2020, has become the youngest self-made billionaire after Intercontinental Exchange (owner of the NYSE) invested up to $2 billion in his once-controversial prediction market platform. Bloomberg reports: A couple of years after dropping out of New York University with dreams of making it big in crypto, Shayne Coplan was so broke that he took an inventory of his Lower East Side apartment so that he could sell belongings to make rent. Fed up with crypto grifts, in 2019 he started to explore economist Robin Hanson's ideas on prediction markets and their potential for improving society's ability to identify likely outcomes. "This is too good of an idea to just exist in whitepapers," he recalled thinking in a later post on X. Then Covid struck -- the perfect time to develop an app for stuck-at-home folks to bet on real-world outcomes, he reasoned. He began building Polymarket from his bathroom and launched the platform in June 2020.

It wasn't a smooth road. The company's move-fast, ask-permission-later approach repeatedly ran afoul of regulators, who forced it to ban US-based users for years because it wasn't a registered exchange. A week after the 2024 presidential election -- one that Polymarket users wagered more than $3 billion on -- Coplan's apartment was raided by FBI agents. But he and his company are now riding high after Intercontinental Exchange Inc., the owner of the New York Stock Exchange, said it would invest as much as $2 billion in Polymarket at an $8 billion pre-money valuation. That deal makes its 27-year-old founder the youngest self-made billionaire tracked by the Bloomberg Billionaires Index.

An anonymous reader quotes a report from the New York Times: Over the course of a nearly four-decade career, Cory Doctorow has written 15 novels, four graphic novels, dozens of short stories, six nonfiction books, approximately 60,000 blog posts and thousands of essays. And yet for all the millions of words he's published, these days the award-winning science fiction author and veteran internet activist is best known for just a single one: Enshittification. The term, which Doctorow, 54, popularized in essays in 2022 and 2023, refers to the way that online platforms become worse to use over time, as the corporations that own them try to make more money. Though the coinage is cheeky, in Doctorow's telling the phenomenon it describes is a specific, nearly scientific process that progresses according to discrete stages, like a disease.

Since then, the meaning has expanded to encompass a general vibe -- a feeling far greater than frustration at Facebook, which long ago ceased being a good way to connect with friends, or Google, whose search is now baggy with SEO spam. Of late, the idea has been employed to describe everything from video games to television to American democracy itself. "It's frustrating. It's demoralizing. It's even terrifying," Doctorow said in a 2024 speech. On Tuesday, Farrar Straus & Giroux will release "Enshittification: Why Everything Suddenly Got Worse and What to Do About It," Doctorow's book-length elaboration on his essays, complete with case studies (Uber, Twitter, Photoshop) and his prescriptions for change, which revolve around breaking up big tech companies and regulating them more robustly. Further reading: The Enshittification Hall of Shame

An anonymous reader shares a report: Pay-advance apps are marketed as a way to help workers living paycheck to paycheck pay for unexpected expenses, but workers are often using the apps to manage basic expenses like groceries, rent and other needs, a new report found. The tools, consumer advocates say, can carry costs akin to those of traditional payday loans.

An analysis of anonymous data found worrisome behavior among users of the apps, including quick increases in the number of advances, advances from multiple apps at the same time and more frequent bank overdraft fees. "These findings reveal persistent patterns of financial strain that raise serious concerns about the long-term effects of these loans," said the report from the Center for Responsible Lending, a nonprofit consumer advocacy group. The group analyzed data from SaverLife, a nonprofit that promotes saving and sound financial practices among people with low or moderate incomes. The analysis found that heavy users of the apps paid $421, on average, in total loan and overdraft fees over a year, or almost triple the average paid by moderate users.

An anonymous reader shares a report: Tucked in the foothills of Tennessee's Smoky Mountains is a factory that has figured out a way to manufacture in America that's cheaper, quicker and better. It's the home of a famous American writing implement: the Sharpie marker. Pen barrels whirl along automated assembly lines that rapidly fill them with ink. At least half a billion Sharpie markers are churned out here every year, each one made of six parts. Only the felt tip is imported, from Japan.

It didn't used to be this way. Back in 2018, many Sharpies were made abroad. That's when Chris Peterson, who was the CFO of Sharpie maker Newell Brands challenged his team to answer a question: How could they keep Newell from becoming obsolete compared with factories in Asia? "I felt like we had an opportunity to dramatically improve our U.S. manufacturing," he said. Peterson is now the CEO. And these days, most Sharpies -- in all 93 colors -- are made at this 37-year-old factory. Newell did it without reducing the employee count, and without raising prices. But to get to this place took close to $2 billion in investments across the company, thousands of hours of training and a total overhaul of the production process. The result is a playbook for making low-cost, high-volume products domestically, albeit one that requires long-term planning and a lot of investment.

The director of a tour operation remembers two tourists arriving in a rural town in Peru determined to hike alone in the mountains to a sacred canyon recommended by their AI chatbot. But the canyon didn't exists — and a high-altitude hike could be dangerous (especially where cellphone coverage is also spotty). They're part of a BBC report on travellers arriving at their destination "only to find they've been fed incorrect information or steered to a place that only exists in the hard-wired imagination of a robot..."

"According to a 2024 survey, 37% of those surveyed who used AI to help plan their travels reported that it could not provide enough information, while around 33% said their AI-generated recommendations included false information." Some examples? - Dana Yao and her husband recently experienced this first-hand. The couple used ChatGPT to plan a romantic hike to the top of Mount Misen on the Japanese island of Itsukushima earlier this year. After exploring the town of Miyajima with no issues, they set off at 15:00 to hike to the montain's summit in time for sunset, exactly as ChatGPT had instructed them. "That's when the problem showed up," said Yao, a creator who runs a blog about traveling in Japan, "[when] we were ready to descend [the mountain via] the ropeway station. ChatGPT said the last ropeway down was at 17:30, but in reality, the ropeway had already closed. So, we were stuck at the mountain top..."

- A 2024 BBC article reported that [dedicated travel AI site] Layla briefly told users that there was an Eiffel Tower in Beijing and suggested a marathon route across northern Italy to a British traveller that was entirely unfeasible...

- A recent Fast Company article recounted an incident where a couple made the trek to a scenic cable car in Malaysia that they had seen on TikTok, only to find that no such structure existed. The video they'd watched had been entirely AI generated, either to drum up engagement or for some other strange purpose.
Rayid Ghani, a distinguished professor in machine learning at Carnegie Melon University, tells them that an AI chatbot "doesn't know the difference between travel advice, directions or recipes. It just knows words. So, it keeps spitting out words that make whatever it's telling you sound realistic..."

"It's not just you. The internet is getting worse, fast," writes Cory Doctorow. Sunday he shared an excerpt from his upcoming book Enshittification: Why Everything Suddenly Got Worse and What to Do About It.

He succinctly explains "this moment we're living through, this Great Enshittening" using Amazon as an example. Platforms amass users, but then abuse them to make things better for their business customers. And then they abuse those business customers too, abusing everybody while claiming all the value for themselves. "And become a giant pile of shit."

So first Amazon subsidized prices and shipping, then locked in customers with Prime shipping subscriptions (while adding the chains of DRM to its ebooks and audiobooks)... These tactics — Prime, DRM and predatory pricing — make it very hard not to shop at Amazon. With users locked in, to proceed with the enshittification playbook, Amazon needed to get its business customers locked in, too... [M]erchants' dependence on those customers allows Amazon to extract higher discounts from those merchants, and that brings in more users, which makes the platform even more indispensable for merchants, allowing the company to require even deeper discounts...

[Amazon] uses its overview of merchants' sales, as well as its ability to observe the return addresses on direct shipments from merchants' contracting factories, to cream off its merchants' bestselling items and clone them, relegating the original seller to page umpty-million of its search results. Amazon also crushes its merchants under a mountain of junk fees pitched as optional but effectively mandatory. Take Prime: a merchant has to give up a huge share of each sale to be included in Prime, and merchants that don't use Prime are pushed so far down in the search results, they might as well cease to exist. Same with Fulfilment by Amazon, a "service" in which a merchant sends its items to an Amazon warehouse to be packed and delivered with Amazon's own inventory. This is far more expensive than comparable (or superior) shipping services from rival logistics companies, and a merchant that ships through one of those rivals is, again, relegated even farther down the search rankings.

All told, Amazon makes so much money charging merchants to deliver the wares they sell through the platform that its own shipping is fully subsidised. In other words, Amazon gouges its merchants so much that it pays nothing to ship its own goods, which compete directly with those merchants' goods.... Add all the junk fees together and an Amazon seller is being screwed out of 45-51 cents on every dollar it earns there. Even if it wanted to absorb the "Amazon tax" on your behalf, it couldn't. Merchants just don't make 51% margins. So merchants must jack up prices, which they do. A lot... [W]hen merchants raise their prices on Amazon, they are required to raise their prices everywhere else, even on their own direct-sales stores. This arrangement is called most-favoured-nation status, and it's key to the U.S. Federal Trade Commission's antitrust lawsuit against Amazon...

If Amazon is taxing merchants 45-51 cents on every dollar they make, and if merchants are hiking their prices everywhere their goods are sold, then it follows you're paying the Amazon tax no matter where you shop — even the corner mom-and-pop hardware store. It gets worse. On average, the first result in an Amazon search is 29% more expensive than the best match for your search. Click any of the top four links on the top of your screen and you'll pay an average of 25% more than you would for your best match — which, on average, is located 17 places down in an Amazon search result.
Doctorow knows what we need to do:

• Ban predatory pricing — "selling goods below cost to keep competitors out of the market (and then jacking them up again)."

• Impose structural separation, "so it can either be a platform, or compete with the sellers that rely on it as a platform."

• Curb junk fees, "which suck 45-51 cents on every dollar merchants take in."

• End its most favoured nation deal, which forces merchants "to raise their prices everywhere else, too.

• Unionise drivers and warehouse workers.

• Treat rigged search results as the fraud they are.

These are policy solutions. (Because "You can't shop your way out of a monopoly," Doctorow warns.) And otherwise, as Doctorow says earlier, "Once a company is too big to fail, it becomes too big to jail, and then too big to care."

In the mean time, Doctorow also makes up a new word — "the enshitternet" — calling it "a source of pain, precarity and immiseration for the people we love.

"The indignities of harassment, scams, disinformation, surveillance, wage theft, extraction and rent-seeking have always been with us, but they were a minor sideshow on the old, good internet and they are the everything and all of the enshitternet."

Thanks to long-time Slashdot readers mspohr and fjo3 for sharing the article.

Friday OpenAI CEO Sam Altman announced two changes coming "soon" to Sora: First, we will give rightsholders more granular control over generation of characters, similar to the opt-in model for likeness but with additional controls...

Second, we are going to have to somehow make money for video generation. People are generating much more than we expected per user, and a lot of videos are being generated for very small audiences. We are going to try sharing some of this revenue with rightsholders who want their characters generated by users. The exact model will take some trial and error to figure out, but we plan to start very soon. Our hope is that the new kind of engagement is even more valuable than the revenue share, but of course we we want both to be valuable.
"We are hearing from a lot of rightsholders who are very excited for this new kind of 'interactive fan fiction'," Altman wrote, "and think this new kind of engagement will accrue a lot of value to them, but want the ability to specify how their characters can be used (including not at all)."

The Washington Post notes AI's "increasingly outsize role" in propping up America's economic fortunes.

"Last week, the United States reported that the economy expanded at a rate of 1.6 percent in the first half of the year, with most of that growth driven by AI spending. Without AI investment, growth would have been at about a third of that rate, according to data from the Bureau of Economic Analysis." The huge economic influence of AI spending illustrates how Silicon Valley is placing a bet of unprecedented scale that the technology will revolutionize every aspect of life and work. Its sway suggests there will be economic damage far beyond Silicon Valley if that bet doesn't work out or companies pull back. Google, Meta, Microsoft and Amazon are on track to spend nearly $400 billion this year on data centers...

Concern about a potential bubble in AI investment has recently grown in technology and financial circles. ChatGPT and other AI tools are hugely popular with companies and consumers, and hundreds of billions of dollars has been sunk into AI ventures over the past three years. But few of the new initiatives are profitable, and huge profits will be needed for the immense investments to pay off... "I'm getting more and more skeptical and more and more concerned with what's happening" with artificial intelligence, said Andrew Odlyzko, an economic historian and University of Minnesota emeritus professor who has studied financial bubbles closely, including the telecom bubble that collapsed in 2001 as part of the dot-com crash. Some industry insiders have expressed concern that the latest AI releases have fallen short of expectations, suggesting the technology may not advance enough to pay back the huge investments being made, he said. "AI is a craze," Odlyzko said...

[The Federal Reserve's August "beige book" summarizes interviews with business owners across the country, according to the article — and it found surging investments in AI data centers, which could tie their fortunes to other sectors.] That's boosting demand for electricity and trucking in the Atlanta region, a hot spot for the facilities, and creating new projects for commercial real estate developers in the Philadelphia region. Because tech companies now dominate public markets, any change in their fortunes and share prices can also have a powerful influence on stock indexes, 401(k)s and the wider economy... Stock market slumps can have knock-on effects by undercutting the confidence of American businesses and consumers, leading them to spend less, said Gregory Daco [chief economist at strategy consulting firm EY-Parthenon]... "That directly affects economic activity," he said, potentially widening the economic fallout...

Goldman Sachs analysts wrote in a Sept. 4 note to clients that even if AI investment works out for companies like Google, there will be an "inevitable slowdown" in data center construction. That will cut revenue to companies providing the projects with chips and electricity, the note said. In a more extreme scenario where Big Tech pulls back spending to 2022 levels, the entire S&P 500 would lose 30 percent of the revenue growth Wall Street currently expects next year, the analysts wrote.
The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, according to estimates in a recent note from independent research firm the MacroStrategy Partnership (as reported by MarketWatch).

And "never before has so much money been spent so rapidly on a technology that, for all its potential, remains somewhat unproven as a profit-making business model," writes Bloomberg, adding that OpenAI and other large tech companies are "relying increasingly on debt to support their unprecedented spending." (Although Bloomberg also notes that ChatGPT alone has roughly 700 million weekly users, and that last month Anthropic reported roughly three quarters of companies are using Claude to automate work.)

Long-time Slashdot reader theodp writes: CBS News has a TL;DR video report, but Jeremy Stern's earlier epic Class Dismissed [at Collosus.com] offers a deep dive into Alpha School, "the teacherless, homeworkless, K-12 private school in Austin, Texas, where students have been testing in the top 0.1% nationally by self-directing coursework with AI tutoring apps for two hours a day.

Alpha students are incentivized to complete coursework to "mastery-level" (i.e., scoring over 90%) in only two hours via a mix of various material and immaterial rewards, including the right to spend the other four hours of the school day in 'workshops,' learning things like how to run an Airbnb or food truck, manage a brokerage account or Broadway production, or build a business or drone."

Founder MacKenzie Larson's dream that "kids must love school so much they don't want to go on vacation" drew the attention of — and investments of money and time from — mysterious tech billionaire Joe Liemandt, who sent his own kids to Larson's school and now aims to bring the experience to rest of the world. "When GenAI hit in 2022," Liemandt said, "I took a billion dollars out of my software company. I said, 'Okay, we're going to be able to take MacKenzie's 2x in 2 hours groundwork and get it out to a billion kids.' It's going to cost more than that, but I could start to figure it out. It's going to happen. There's going to be a tablet that costs less than $1,000 that is going to teach every kid on this planet everything they need to know in two hours a day and they're going to love it.

"I really do think we can transform education for everybody in the world. So that's my next 20 years. I literally wake up now and I'm like, I'm the luckiest guy in the world. I will work 7 by 24 for the next 20 years to fricking do this. The greatest 20 years of my life are right ahead of me. I don't think I'm going to lose. We're going to win."

Of course, Stern writes at Collosus.com, there will be questions about this model of schooling, but asks: "Suppose that from kindergarten through 12th grade, your child's teachers were, in essence, stacks of machines. Suppose those machines unlocked more of your child's academic potential than you knew was possible, and made them love school. Suppose the schooling they loved involved vision monitoring and personal data capture. Suppose that surveillance architecture enabled them to outperform your wildest expectations on standardized tests, and in turn gave them self-confidence and self-esteem, and made their own innate potential seem limitless.... Suppose poor kids had a reason to believe and a way to show they're just as academically capable as rich kids, and that every student on Earth could test in what we now consider the top 10%. Suppose it allowed them to spend two-thirds of their school day on their own interests and passions. Suppose your child's deep love of school minted a new class of education billionaires.

"If you shrink from such a future, by which principle would you justify stifling it?"

An anonymous reader quotes a report from Ars Technica: As we careen toward a future in which Google has final say over what apps you can run, the company has sought to assuage the community's fears with a blog post and a casual "backstage" video. Google has said again and again since announcing the change that sideloading isn't going anywhere, but it's definitely not going to be as easy. The new information confirms app installs will be more reliant on the cloud, and devs can expect new fees, but there will be an escape hatch for hobbyists.

Confirming app verification status will be the job of a new system component called the Android Developer Verifier, which will be rolled out to devices in the next major release of Android 16. Google explains that phones must ensure each app has a package name and signing keys that have been registered with Google at the time of installation. This process may break the popular FOSS storefront F-Droid. It would be impossible for your phone to carry a database of all verified apps, so this process may require Internet access. Google plans to have a local cache of the most common sideloaded apps on devices, but for anything else, an Internet connection is required. Google suggests alternative app stores will be able to use a pre-auth token to bypass network calls, but it's still deciding how that will work.

The financial arrangement has been murky since the initial announcement, but it's getting clearer. Even though Google's largely automated verification process has been described as simple, it's still going to cost developers money. The verification process will mirror the current Google Play registration fee of $25, which Google claims will go to cover administrative costs. So anyone wishing to distribute an app on Android outside of Google's ecosystem has to pay Google to do so. What if you don't need to distribute apps widely? This is the one piece of good news as developer verification takes shape. Google will let hobbyists and students sign up with only an email for a lesser tier of verification. This won't cost anything, but there will be an unclear limit on how many times these apps can be installed. The team in the video strongly encourages everyone to go through the full verification process (and pay Google for the privilege). We've asked Google for more specifics here.

Pew Research: Public awareness of legal sports betting has grown in recent years -- and so has the perception that it is a bad thing for society and sports, according to a new Pew Research Center survey. Today, 43% of U.S. adults say the fact that sports betting is now legal in much of the country is a bad thing for society. That's up from 34% in 2022. And 40% of adults now say it's a bad thing for sports, up from 33%.

Despite these increasingly critical views of legal sports betting, many Americans continue to say it has neither a bad nor good impact on society and on sports. Fewer than one-in-five see positive impacts. Meanwhile, the share of Americans who have bet money on sports in the past year has not changed much since 2022.

Today, 22% of adults say they've personally bet money on sports in the past year. That's a slight uptick from 19% three years ago. This figure includes betting in any of three ways:
1. With friends or family, such as in a private betting pool, fantasy league or casual bet
2. Online with a betting app, sportsbook or casino
3. In person at a casino, racetrack or betting kiosk Further reading: Filipinos Are Addicted to Online Gambling. So Is Their Government.

Tech companies are struggling to fill AI-specialized roles despite a surplus of available tech talent. U.S. colleges more than doubled the number of computer science degrees awarded between 2013 and 2022. Major layoffs at Google, Meta, and Amazon flooded the job market. The Bureau of Labor Statistics predicts businesses will employ 6% fewer computer programmers in 2034 than last year. The disconnect stems from companies seeking workers with specific AI expertise.

Runway CEO Cristobal Valenzuela estimates only hundreds of people worldwide possess the skills to train complex AI models. His company advertises base salaries up to $490,000 for a director of machine learning. Daniel Park's startup Pickle offers up to $500,000 base salary and expects candidates willing to work seven days a week. The WSJ story includes the example of one James Strawn, who was laid off from Adobe over the summer after 25 years as a senior software quality-assurance engineer. The 55-year-old has had one interview since his layoff. Matt Massucci, CEO of recruiting firm Hirewell, told the publication companies can automate some low-level engineering tasks and redirect that money to high-end talent.

Jane Goodall, world-renowned primatologist, anthropologist, and conservationist, has died at the age of 91 while on a speaking tour in California. The British primatologist's "discoveries as an ethologist revolutionized science, and she was a tireless advocate for the protection and restoration of our natural world," according to the institute she founded. From a report: Goodall was only 26 years old when she first traveled to Tanzania and began her important research on chimpanzees in the wild. Throughout her study of the species, Goodall proved that primates display an array of similar behaviors to humans, such as the ability to develop individual personalities and make and use their own tools. Among the most surprising discoveries Goodall made was "how like us" the chimpanzees are, she told ABC News in 2020.

"Their behavior, with their gestures, kissing, embracing, holding hands and patting on the back," she said. "... The fact that they can actually be violent and brutal and have a kind of war, but also loving an altruistic." That discovery is considered one of the great achievements of 20th-century scholarship, according to the Jane Goodall Institute. [...] Goodall's research garnered both scientific honors and mainstream fame, and she was credited with paving the way for a rise in women pursuing careers in STEM (science, technology, engineering and math) over the years. The number of women in STEM has increased from 7% to 26% in the six last decades, according to The Jane Goodall Institute, which cited census information from 1970 to 2011.

In 1991, she also founded Roots & Shoots, a global humanitarian and environmental program for young people. She was named a United Nations Messenger of Peace in April 2002. The anthropologist continued to lend her voice to environmental causes well into her 80s and 90s. In 2019, Goodall acknowledged the climate crisis and the importance of mitigating further warming, telling ABC News that the planet is "imperiled." "We are definitely at a point where we need to make something happen," she said.

"We are imperiled. We have a window of time. I'm fairly sure we do. But, we've got to take action." Goodall even partnered with Apple in 2022 to encourage customers to recycle their devices to reduce individual carbon footprint and cut down on unnecessary mineral mining around the world. "Yes, people need to make money, but it is possible to make money without destroying the planet," Goodall told ABC News at the time. "We've gone so far in destroying the planet that it's shocking."

The Philippines became Asia's second-largest gambling hub after Macau last year as online betting proliferated across the archipelagic nation. Almost half of the country's 69 million working-age population is now registered on gambling apps, an exponential rise from less than half a million users in 2018. The government has become increasingly dependent on the industry.

Philippine Amusement and Gaming Corp. collects 30% of gross gaming revenue and has become the second-biggest revenue contributor among state-run companies after Land Bank of the Philippines. Revenue from online casino license fees is projected to reach $1 billion in 2025. More than 60 operators are regulated by the government.

Industry revenue almost tripled in 2024 from 2023 to 154.5 billion pesos. Revenue from internet betting eclipsed physical casinos for the first time this year. The central bank recently ordered e-wallets to remove links to betting sites, halving bets within days. President Ferdinand Marcos Jr. rejected calls for a complete ban and said outlawing online betting would only spawn illicit operations that would be more difficult to eradicate.

Yoshua Bengio called for a pause on AI model development two years ago to focus on safety standards. Companies instead invested hundreds of billions of dollars into building more advanced models capable of executing long chains of reasoning and taking autonomous action. The A.M. Turing Award winner and Universite de Montreal professor told the Wall Street Journal that his concerns about existential risk have not diminished.

Bengio founded the nonprofit research organization LawZero earlier this year to explore how to build truly safe AI models. Recent experiments demonstrate AI systems in some circumstances choose actions that cause human death over abandoning their assigned goals. OpenAI recently insisted that current frontier model frameworks will not eliminate hallucinations. Bengio, however, said even a 1% chance of catastrophic events like extinction or the destruction of democracies is unacceptable. He estimates advanced AI capable of posing such risks could arrive in five to ten years but urged treating three years as the relevant timeframe. The race condition between competing AI companies focused on weekly version releases remains the biggest barrier to adequate safety work, he said.

An anonymous reader quotes a report from the BBC: A Chinese national has been convicted following an international fraud investigation which resulted in what's believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin worth more than $6.7 billion in current prices. Zhimin Qian, also known as Yadi Zhang, pleaded guilty on Monday at Southwark Crown Court of illegally acquiring and possessing the cryptocurrency. A second person appeared in court on Tuesday to admit to their role in the scheme.

Malaysian national Seng Hok Ling, of Matlock, Derbyshire, pleaded guilty at Southwark Crown Court of entering into a money laundering arrangement on or before April 23, 2024. According to the charge, he had been dealing in cryptocurrency on Qian's behalf, "knowing or suspecting his actions would facilitate the acquisition or control of criminal property by another." Between 2014 and 2017 Qian led a large-scale scam in China which involved cheating more than 128,000 victims and storing the stolen funds in bitcoin assets, the Met said in a statement.

It said the 47-year-old's guilty plea followed a seven-year probe into a global money laundering web which began when it got a tipoff about the transfer of criminal assets. Qian had been "evading justice" for five years up to her arrest, which required a complex investigation involving multiple jurisdictions, said Detective Sergeant Isabella Grotto, who led the Met's investigation. She fled China using false documents and entered the UK, where she attempted to launder the stolen money by buying property, said the Met. "By pleading guilty today, Ms Zhang hopes to bring some comfort to investors who have waited since 2017 for compensation, and to reassure them that the significant rise in cryptocurrency values means there are more than sufficient funds available to repay their losses," said Qian's solicitor Roger Sahota, of Berkeley Square Solicitors.

"Bitcoin and other cryptocurrencies are increasingly being used by organised criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct," added deputy chief Crown prosecutor, Robin Weyell. "This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters."

Starting in November, Venmo and PayPal users will finally be able to send money directly to each other, ending years of workarounds despite Venmo being owned by PayPal. TechCrunch reports: This change means that PayPal users will now be able to find Venmo users by inputting their phone numbers, and later, their email addresses. If you don't want PayPal users to be able to find you, you can update your settings in the Venmo app by navigating to Settings - Privacy - Find me... and while you're at it, you might as well default your Venmo transactions to private via Settings > Privacy. You'll thank me in the long run.

PayPal announced that it would broaden its network of payment systems in July, starting with Venmo, but the companies did not confirm the date of the update until now. This collection of partnerships, which PayPal has named PayPal World, will also work with Mercado Pago, NPCI International Payments Limited, and Tenpay Global. This will help users send money internationally without barriers and fees. Combined, Venmo and PayPal have 2 billion global users, according to PayPal.

An anonymous reader shares a report: Boeing is planning a new single-aisle airplane that would succeed the 737 MAX, according to people familiar with the matter, a long-term bid to recover business lost to rival Airbus during its series of safety and quality problems. Earlier this year, Chief Executive Kelly Ortberg met with officials from Rolls-Royce in the U.K., two of the people said, where they discussed a new engine for the aircraft. Ortberg appointed a new senior product chief in Boeing's commercial plane business, whose prior role was developing a new type of aircraft.

Boeing has also been designing the flight deck of a new narrow-body aircraft, according to a person familiar with the plans. This new aircraft is in early-stage development and plans are still taking shape, some of the people said. Boeing's plans represent a shift for the company, which had put some new aircraft development work on the back burner while it navigated multiple challenges. They are also a sign that the company is betting that a cutting-edge plane design could power its business for the next few decades.