Almost 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 objective 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 forex—and within the course of shake up the worldwide geopolitical order. Read the total story.
—Mike Orcutt
This story is from MIT Technology Review’s What’s Next sequence, which appears to be like throughout industries, tendencies, and applied sciences to provide you a primary have a look at the long run. Check out the remainder of the sequence right here.
The must-reads
I’ve combed the web to seek out you in the present day’s most enjoyable/necessary/scary/fascinating tales about know-how.
1 How the US is planning to manage AI
It’s a multi-pronged strategy, however progress is grindingly gradual. (Vox)
+ Our fast information to the 6 methods we are able to regulate AI. (MIT Technology Review)
+ Ultimately judges, not politicians, would be the first to ascertain guardrails for AI. (MIT Technology Review)
2 Covid circumstances 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 count on the overwhelming majority of infections to be delicate. (NBC)
+ Covid hasn’t totally gone away—right here’s the place we stand. (MIT Technology Review)
3 There’s not a lot you are able to do if AI lies about you
People are beginning to sue tech corporations, however authorized precedent for that is mainly non-existent. (NYT $)
+ What does GPT-3 “know” about me? (MIT Technology Review)
4 Apple now has over one billion paying subscribers
Tim Cook’s push to develop from {hardware} to subscription providers appears to be paying off. (Quartz $)
5 Google is making it simpler to take away your personal data from Search
Of course, that requires you to provide Google all that info, however nonetheless nifty. (Engadget)
6 A French information company is suing X for refusing to debate paying it
Elon Musk known as the transfer “bizarre”, and I’m inclined to agree. (Reuters)
+ Meta’s Twitter rival, Threads, has seen its day by day lively 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 youngster security payments are popping up all around the US. (MIT Technology Review)
8 Actors are heading again to Cameo
To make a bit of money on the aspect whereas the strike is on. (NYT $)
9 Meta’s Ray-Ban good glasses are a flop 👓
The overwhelming majority of people that purchased them don’t use them. (WSJ $)
10 Parents in China are on relationship apps to marry off their grownup youngsters
If you’re studying this, Mum… don’t go getting any concepts. (Rest of World)