Parmy Olson

Major European firms have urged European Commission president Ursula von der Leyen to "stop the clock" on the AI act over rules they call "unclear, overlapping and increasingly complex".

Europe’s AI law needs a smart pause, not a full stop

The rules could create some much-needed transparency, and force companies to share the secrets of their training data and processes

In the short term, businesses can outsource entry-level work to AI and cut costs; but that means missing out on capturing AI-native talent, says the writer.
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College grads are lab rats in the Great AI Experiment

Those who can get a job are finding that AI has taken their grunt work

Even before the last two years of AI hype that fueled bubbly tech valuations, Silicon Valley had a zombie unicorn problem: Many startups that attained unicorn status by getting a valuation of US$1 billion or more had dwindling prospects and little hope of justifying their status.
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Tech’s ‘zombie unicorns’ reach the end of the road

President Donald Trump’s tariff tantrum has so far delivered only bad news for tech – as it has for just about everyone except Maga...

Two years after capturing the public’s imagination, it seems that ChatGPT’s main legacy has been in padding the finances of tech’s biggest players.

ChatGPT’s US$8t birthday gift to Big Tech

The tech sector has driven a 30% gain in the S&P 500 since Jan 2022, while small-cap companies have seen a more...

The "unicorn" label on tech investments has spun out of control, with startups sometimes resorting to desperate measures to achieve that status as quickly as possible.

Unicorns ruled for a decade, but tech needs a new beast now

A call has gone out to focus on startups with strong fundamentals and at least US$100 million in annual revenue, instead of...

FILE PHOTO: ChatGPT logo is seen in this illustration taken, March 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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Making ChatGPT ‘sexy’ might not end well for humans

Sam Altman is giving the world’s biggest chatbot a flirty personality. Expect some unintended consequences.

Grocery-delivery service Instacart has deleted the bizarre image of “cheddar and cream cheese sauce for mac and cheese” and other recipes that don’t (or probably shouldn’t) exist.
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Don’t believe what you see in the age of AI ads

ADVERTISING has always walked a thin line between embellishment and fabrication. In the new age of generative artificial intelligence (AI), the latter...

The US$2 billion penalty against Apple marks the end of an old, clunky era

Apple’s 1.8 billion euro fine heralds a new antitrust dawn

The European Union’s trust-busters are entering a new era of quick, blunt enforcement

Musk sues OpenAI and its chief executive Sam Altman (above) for allegedly breaking their founding agreement

Elon Musk is right about OpenAI’s hypocrisy

Too many AI startups have seen their noble goals imperilled by Big Tech’s gravitational pull

Pricey chips : The costs of doing business are too high for AI startups to survive on their own.

Google, Microsoft will dominate AI as computing costs surge

Startup firms in artificial intelligence can’t afford to keep the lights on