Law
A 100 Million AI Super PAC Targeted New York Democrat Alex Bores. He Thinks It Backfired
Leading the Future said it will spend millions to keep Alex Bores out of Congress. It might be helping him instead. It turns out that when an AI-friendly super PAC with $100 million in backing from Silicon Valley bigwigs identifies you as its first target, it ends up generating a lot of attention. "I want to thank [the PAC] for their partnership in raising up the issue of how we regulate an incredibly powerful technology so that the future is one that benefits all of us," says Alex Bores, a New York Assembly member and Democratic congressional candidate, in an interview with WIRED. "I couldn't imagine a better partner this week."
A Viral Chinese Wristband Claims to Zap You Awake. The Public Says 'No Thanks'
The Public Says'No Thanks' The maker of the eCoffee Energyband says it electrically stimulates your nerves to keep you alert. Researchers are skeptical, and critics see it as a way for China's bosses to keep workers productive. Forget coffee, you can now stay alert by strapping on a wristband that lightly zaps you awake. That's what eCoffee Energyband, a Chinese gadget that sells for just over $100, is claiming to do. First released in late 2023, the product is a lightweight wearable with two electrode pads that sit against the inner wrist.
Asia tech stocks tumble on AI bubble fears
Japanese and South Korean tech stocks tumbled Friday, with Softbank falling over 10% amid AI bubble concerns. HONG KONG - Japanese and South Korean tech stocks plummeted on Friday, with tech investor SoftBank plunging more than 10% as fears over an AI bubble weighed on the market. The selling followed a downbeat session on Wall Street after U.S. jobs data clouded hopes of further interest rate cuts and fears about whether red-hot valuations for artificial intelligence shares are justified. Seoul's benchmark Kospi index was trading down nearly 4%, while Tokyo's Nikkei index shed 2.3% in morning trade. In a time of both misinformation and too much information, quality journalism is more crucial than ever.