Virtually three years into the pilot, although, it appears the federal government remains to be struggling to seek out compelling functions for it, and adoption has been minimal. Now the aim could also be shifting. China seems to be charging forward with plans to make use of the e-CNY exterior its borders, for worldwide commerce.
If it’s profitable, it might problem the US greenback’s place because the world’s dominant reserve foreign money—and within the course of shake up the worldwide geopolitical order. Learn the total story.
—Mike Orcutt
This story is from MIT Know-how Assessment’s What’s Subsequent sequence, which appears throughout industries, developments, and applied sciences to present you a primary have a look at the longer term. Take a look at the remainder of the sequence right here.
The must-reads
I’ve combed the web to seek out you immediately’s most enjoyable/necessary/scary/fascinating tales about expertise.
1 How the US is planning to control AI
It’s a multi-pronged method, however progress is grindingly gradual. (Vox)
+ Our fast information to the 6 methods we will regulate AI. (MIT Know-how Assessment)
+ Finally judges, not politicians, would be the first to ascertain guardrails for AI. (MIT Know-how Assessment)
2 Covid instances are rising once more
We don’t precisely know why, however infections do appear to shoot up over the summer season. (Wired $)
+ Hospitalizations are on the up, however consultants anticipate the overwhelming majority of infections to be delicate. (NBC)
+ Covid hasn’t completely gone away—right here’s the place we stand. (MIT Know-how Assessment)
3 There’s not a lot you are able to do if AI lies about you
Individuals are beginning to sue tech corporations, however authorized precedent for that is principally non-existent. (NYT $)
+ What does GPT-3 “know” about me? (MIT Know-how Assessment)
4 Apple now has over one billion paying subscribers
Tim Cook dinner’s push to develop from {hardware} to subscription companies appears to be paying off. (Quartz $)
5 Google is making it simpler to take away your personal information from Search
In fact, that requires you to present Google all that data, however nonetheless nifty. (Engadget)
6 A French information company is suing X for refusing to debate paying it
Elon Musk known as the transfer “weird”, and I’m inclined to agree. (Reuters)
+ Meta’s Twitter rival, Threads, has seen its every day energetic customers drop by 82% since launch. (CNN)
7 Pornhub has gone darkish in Arkansas
In protest at a brand new legislation requiring it to confirm customers’ ages. (The Verge)
+ Why little one security payments are popping up everywhere in the US. (MIT Know-how Assessment)
8 Actors are heading again to Cameo
To make a bit of money on the facet whereas the strike is on. (NYT $)
9 Meta’s Ray-Ban sensible glasses are a flop 👓
The overwhelming majority of people that purchased them don’t use them. (WSJ $)
10 Mother and father in China are on courting apps to marry off their grownup youngsters
If you happen to’re studying this, Mum… don’t go getting any concepts. (Remainder of World)