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SUMMARY FORD STOPS PRODUCTION OF ELECTRIC F-150 AFTER BATTERY FIRE 06 AIRBUS SEES PROFIT BOOST, BUT DEFENSE AND SPACE CHALLENGES 20 CBO PROJECTS HIGHER UNEMPLOYMENT, SLOW EXIT FROM INFLATION 28 CHINA SANCTIONS LOCKHEED MARTIN, RAYTHEON FOR TAIWAN SALES 38 A MARVEL VILLAIN COMES INTO FOCUS IN ‘ANT-MAN 3’ 52 DUBAI AGAIN PLANS FOR FLYING TAXI TAKEOFF, THIS TIME BY 2026 68 NEW BING - AI WARFARE: THE BATTLEFIELD OF THE DECADE IS NOW PLACED 78 AMID CHATGPT OUTCRY, SOME TEACHERS ARE INVITING AI TO CLASS 98 NEW AI VOICE-CLONING TOOLS ‘ADD FUEL’ TO MISINFORMATION FIRE 112 SEVERAL UNIVERSITIES TO EXPERIMENT WITH MICRO NUCLEAR POWER 122 AMAZON UNIT ZOOX TESTS ROBOTAXI ON CALIFORNIA CITY’S STREETS 134 WHITE HOUSE: TESLA TO MAKE SOME EV CHARGERS AVAILABLE TO ALL 142 TIKTOK ‘DE-INFLUENCERS’ WANT GEN Z TO BUY LESS, AND MORE 152 ELON MUSK HOPES TO HAVE TWITTER CEO TOWARD THE END OF YEAR 168 BUFFETT’S FIRM BUYS APPLE, SLASHES CHIPMAKER AND BANK STAKES 182 STUDY SHOWS ‘STRIKING’ NUMBER WHO BELIEVE NEWS MISINFORMS 188 GOOGLE TO EXPAND MISINFORMATION ‘PREBUNKING’ IN EUROPE 196 US BLACKLISTS 6 CHINESE ENTITIES OVER BALLOON PROGRAM 208 EX-APPLE DESIGNER BEHIND CHARLES III’S CORONATION EMBLEM 216
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FORD STOPS PRODUCTION OF ELECTRIC F-150 AFTER BATTERY FIRE 07
Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check. Production at Ford’s Rouge Electric Vehicle Center in Dearborn, Michigan, has been stopped until at least the end of next week. The automaker said in a statement Wednesday night it has no reason to believe electric pickups already in use by customers are affected by the battery issue. “By the end of next week, we expect to conclude our investigation and apply what we learn to the truck’s battery production processes,” Ford spokeswoman Emma Berg said in the statement. “This could take a few weeks.” Image: Scott Mlyn 08
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The fire happened at an outdoor lot nearby in Dearborn where vehicles are held for quality checks. The truck with the battery problem and two nearby vehicles were damaged by the fire, Berg said. No injuries were reported. The company believes it has identified the root cause of the battery problem, including the likely population of trucks affected by it. “We monitor vehicle data to help ensure our vehicles are performing as expected in the field,” Berg said. The company will continue to hold completed trucks until engineering and production changes are made. Batteries for the trucks are supplied by SK Innovation, a Korean supplier with a factory in Georgia. 12
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The production halt comes at an inopportune time for Ford, which has struggled with quality issues, recalls and high warranty costs for several years. The problem also stops production of a popular product. Berg said the company is still working through a backlog of nearly 200,000 reservations for the F-150 Lightning since it stopped taking them in December 2021. Reservation holders put down $100 deposits, which Ford was converting to orders. Last year, Ford sold more than 15,000 of the trucks in its first full year of production. There have been previous problems with the lithium-ion batteries used in most electric vehicles. Fires in the batteries can burn very hot and take thousands of gallons of water to extinguish, which has caused difficulty for firefighters attempting to put out battery fires in several Teslas after crashes. General Motors, Hyundai, BMW and others have issued recalls of the batteries. Image: Jeff Kowalsky 16
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AIRBUS SEES PROFIT BOOST, BUT DEFENSE AND SPACE CHALLENGES 20
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Airbus is urging stepped-up European cooperation to ensure the continent’s security and future access to space after a year that saw the company suffer fallout from Russia’s war in Ukraine and the crash of a European satellite launcher. The France-based plane maker reported a record overall 2022 profit of 4.25 billion euros ($4.55 billion), up from 4.21 billion euros the year before, despite inflation challenges and supply chain disruptions that slowed efforts to ramp up aircraft production. CEO Guillaume Faury said the company aims to deliver 720 planes this year, up from 661 last year, in an effort to keep up with growing demand by airlines as travel picks up worldwide following pandemic disruptions. This week, Air India unveiled an massive order that included 250 Airbus passenger jets. Airbus didn’t disclose financial terms of the deal, which could be worth tens of billions of dollars. Airbus took in 820 orders in 2022 and reported revenue of 58.8 billion euros ($63 billion). U.S. rival Boeing has lagged behind Airbus in deliveries but has been closing the gap, reporting 774 orders and 480 deliveries last year. Both companies are struggling with shortages of engines and other supply chain issues that limit how fast they can build and deliver planes. The Airbus Defence and Space business struggled last year, notably taking a 477 million euro ($511 million) loss on the long-troubled A400M military transport plane, in part linked to unusually high inflation. Faury said the European space sector also was hit by the loss of access to Russia’s Soyuz rocket 23
launchers and the failure of a new Vega-C rocket soon after takeoff from French Guiana in December. The Vega-C is made by Arianespace, part owned by Airbus. “Europe’s independent access to space is now fundamentally challenged,” Faury told reporters in Toulouse. The last year “has proven the need for a stronger Europe in defense and space ... to maintain the peace, stability and security which our societies have become used to,” Faury said. While pledging that Airbus is on track to meet promises to reduce the industry’s heavy carbon emissions, he added: “There is no sustainability without security.” He noted that Airbus planes operated by Russian airlines no longer have access to parts or maintenance provided by the company because of Western sanctions aimed at punishing Moscow for its invasion of Ukraine. “We start to hear about situations where they are missing parts or components or an inability to keep some of the planes in flight,” Faury said. “But we are not speaking with the Russian airlines. We miss visibility. And yes, we are we are slightly concerned about the way the planes are operated, but we have no real means to act.” Airbus is still buying titanium from Russia but looking for other suppliers, Faury said, adding that “it will still take some time to be fully independent from the Russian sources.” Shares in Airbus, which employs 134,000 people worldwide, were trading up 3% after the annual results. 24
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CBO PROJECTS HIGHER UNEMPLOYMENT, SLOW EXIT FROM INFLATION The Congressional Budget Office said this week that it expects the U.S. economy to stagnate this year with the unemployment rate jumping to 5.1% — a bleak outlook that was paired with a 10year projection that publicly held U.S. debt would nearly double to $46.4 trillion in 2033. The office’s updated 10-year Budget and Economic Outlook outlined stark expectations for the decade ahead, where Social Security would be unable to pay full benefits to recipients in 2032 — 29
with a roughly 20 percent reduction in benefits across the board — and the net interest costs on U.S. debt would eclipse what the nation spends on defense. “The debt trajectory is unsustainable,” CBO director Phillip Swagel told journalists at a press conference after the report’s afternoon release. The CBO can’t tell Congress what to do, he said, “but at some point, something has to give — whether it’s on spending or revenue.” The latest figures seemed to affirm the worst fears of many U.S. consumers and businesses. But in a reminder that the U.S. economy has seldom behaved as anticipated through the pandemic and its aftermath, the employment forecast looks very different from the pace of hiring so far this year. The CBO estimated that just 108,000 jobs will be added in 2023, but employers added 517,000 jobs in January alone. It also assumes that inflation will ease from 6.4% to 4.8% this year, far more pessimistic than Federal Reserve officials who in December said inflation would fall to 3.5%. The CBO separately pointed to the risks of not increasing the government’s legal borrowing authority, noting that the Treasury Department could exhaust its current “extraordinary measures” to keep the government running while President Joe Biden and House Speaker Kevin McCarthy jostle over a deal. Treasury Secretary Janet Yellen wrote to congressional leadership last month, stating that her agency will use creative accounting measures to buy time until Congress can pass legislation that will either raise the nation’s $31.4 trillion borrowing authority or suspend it again for a period of time. 30
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If tax receipts from this year’s filing season fall short of estimated amounts, the U.S. could hit its statutory debt ceiling earlier than July, according to the nonpartisan organization, which provides independent analyses of budget and economic issues to Congress. Following the CBO issuing its report, Senate Democrats reiterated their calls for Republicans to help pass legislation to increase the nation’s borrowing authority. Then, they said, lawmakers could turn their attention to funding the government and addressing the solvency of Medicare and Social Security. “We don’t want to cut benefits. We don’t want to privatize. We don’t want to do the kinds of things that Republicans have talked about in that area,” Senate Majority Leader Chuck Schumer, D-N.Y., said of Social Security. “And we have some plans to make it solvent, which you’ll hear from down the road.” Sen. Chuck Grassley, R-Iowa, ranking member of the Senate Budget Committee, said the report “paints a dire picture.” “If we don’t get serious about reining in spending, reducing annual budget deficits and bringing down the debt, the country will end up spending more on interest payments than the programs that actually benefit Americans,” Grassley said. The outlook warns about rising yearly budget deficits. In 2033, the CBO anticipates that the yearly shortfall in tax revenues relative to spending would exceed $2.85 trillion, more than double the deficit in 2022. Publicly held debt was roughly equal to U.S. gross domestic product in 2022, but it would climb to 118% of GDP by 2033. 32
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The office says the biggest drivers of rising debt in relation to GDP are increasing interest costs and spending for Medicare and Social Security. The two parties also engaged in blaming the other side for the rising deficit projections. Republicans blamed Democrats for spending too much during the Biden presidency and Democrats blamed Republican for the tax cuts undertaken during the Trump presidency. “Biden’s numerous bailouts and massive government expansion disguised as COVID relief has blown out spending and exacerbated our debt disaster,” said Rep. Jodey Arrington, the Republican chairman of the House Budget Committee. “House Republicans must rein-in the unbridled spending and restore fiscal sanity in Washington before it’s too late.” Sen. Sheldon Whitehouse, the Democratic chairman of the Senate Budget Committee, said Republicans “deliberately” made the deficit worse during the Trump presidency with “massive revenue losses because they lowered tax rates for their corporate and billionaire friends and donors.” One reason why the CBO expects a slowdown this year are the actions taken by the Fed. The U.S. central bank has been trying to reduce inflation by raising its benchmark interest rates. Earlier this month the Fed raised its key interest rate a quarter-point, its eighth hike since March of last year. The CBO expects growth to pick up once the Fed has tamed inflation and pulls back on its benchmark rates. 34
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CHINA SANCTIONS LOCKHEED MARTIN, RAYTHEON FOR TAIWAN SALES 38
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China on Thursday imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory. Lockheed Martin Corp. and Raytheon Technologies Corp.’s Raytheon Missiles and Defense are barred from importing goods into China or making new investments in the country, the Ministry of Commerce announced. It said they were added to the “unreliable entity” list of companies whose activities are restricted because they might endanger national sovereignty, security or development interests. It wasn’t clear what impact the penalties might have. The United States bars most sales of weapons-related technology to China, but some military contractors also have civilian businesses in aerospace and other markets. 40
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Taiwan and China split in 1949 after a civil war. The island of 22 million people never has been part of the People’s Republic of China, but the Communist Party says it is obliged to unite with the mainland, by force if necessary. President Xi Jinping’s government has stepped up efforts to intimidate Taiwan by flying fighter jets and bombers near the island and firing missiles into the sea. The United States has no official relations with Taiwan but maintains extensive commercial and informal contacts. Washington is obligated by federal law to make sure the island’s government has the means to defend itself. The United States is Taiwan’s main supplier of military equipment. 44
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Raytheon Missiles and Defense, part of Raytheon Technologies Corp., was awarded a $412 million contract in September to upgrade Taiwanese military radar as part of a $1.1 billion package of U.S. arms sales to the island. Boeing Defense received a $355 million contract to supply Harpoon missiles. Beijing responded to that sale by announcing sanctions against the CEOs of Raytheon and of Boeing Defense but gave no details of what they were. Lockheed Martin has supplied Taiwan’s military with radar, helicopters and air traffic control equipment. It plays a role in the island’s development of its own fighter jet and navy frigates. In China, Lockheed Martin has sold air traffic control equipment for civilian airports and helicopters for commercial use. Beijing announced plans for the “unreliable entity” list in 2019 in response to U.S. restrictions imposed on Huawei Technologies Ltd., a Chinese maker of telecom equipment. 49

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A MARVEL VILLAIN COMES INTO FOCUS IN ‘ANT-MAN 3’ 53
Ant-Man and The Wasp: Quantumania | Visual Spectacle 54
Ant-Man and The Wasp: Quantumania | Official Trailer 55
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Peyton Reed’s “Ant-Man” films have generally served as a kind of palate cleanser to the world-ending stakes of the larger Marvel Cinematic Universe. Paul Rudd’s Scott Lang is just an ordinary dude, or so they keep telling us, who still can’t really believe that he’s part of the Avengers at all. He gets to be the wideeyed middle-aged fanboy of the group in those films. In his own films, he’s just living a blue-sky life in San Francisco as an affable single dad and ex-con who was once fired from Baskin Robbins and who has occasional enemies to defeat. In this third film, “ Ant-Man and The Wasp: Quantumania,” in theaters Thursday, he’s coasting on his own post-Blip celebrity with a best-selling memoir out, lots of fans around town and a generally sunny disposition — when he’s not breaking his teenage daughter Cassie (now played by Kathryn Newton, always an enjoyable presence) out of jail for civil disobedience. There is a fun, light, sitcom-y touch to these early scenes in which he and his makeshift family, Hope Van Dyne (Evangeline Lilly), Janet Van Dyne (Michelle Pfeiffer) and Hank Pym (Michael Douglas) sit around the table for takeout pizza. They use their particle technology to blow up the tiny pie. “I just saved us $8,” Pym declares proudly. But Ant-Man is part of the larger chess board of the MCU, so naturally he’s doomed to be sucked into the multiverse mess, setting up pieces for more Avengers films to come with the introduction of a new villain, Kang (played with a maniacal sorrow by the great Jonathan 57
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Majors). And the results are mixed. Reed has returned to direct with a new writer, Jeff Loveness, who has also been tapped to write “Avengers: The Kang Dynasty” and it’s hard not to empathize with both for the logic gymnastics required to back Ant-Man and his gang into this conflict. Loveness, who cut his teeth in comedy and has an affinity for comic book and B-movie absurdities, gives Ant-Man his own “Star Wars”-adjacent adventure. There’s quite a bit of unrest in the Quantum Realm, with scrappy rebels battling against a powerful ruler with an army of faceless soldiers. But he takes that conceit further and gives the rebels some personality and humor, including William Jackson Harper as the mind-reading Quaz. The villain’s a killing machine, M.O.D.O.K., that looks (knowingly) straight out of a “Mystery Science Theater 3000” movie and it is quite entertaining. It’s both a nod to the fun of the ridiculousness in sci-fi and a reminder that Serious Superhero Films are sometimes just one crazy special effect away from being Silly Superhero Films. “Quantumania” also gives Pfeiffer a lot more to do as we, and Hank and Hope, learn a little bit more about Janet’s 30 years in the Quantum Realm and the various compromises and allegiances she made to stay alive. Pfeiffer is an unambiguous delight and the real center of the movie despite what the title might claim. Ant-Man just finds himself in the middle of the mess, which starts to drag on in a muddle of sci-fi furnishings that individually are probably quite inspired and interesting but together just blend into a dreary mess. 60
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It’s a shame because Reed’s films are generally so crisp and styled and are best when focused on characters, not worlds and Quantum Realms. “Quantumania” shines when it is keeping things light and quippy. But Kang, for what we can assume are bigger story needs, needs to be more serious. Majors is certainly chilling and captivating, but Kang seems like a mismatched foe for a standalone Ant-Man film and the result is a “Quantumania” that is trying to be too many things. One thing it is not is a Wasp movie, though. Lilly gets a lot to do but not a lot of — or any — character development. “Quantumania” sticks the ending, however. Without giving anything away, we’ll just say that Reed and Rudd get to return to their sweet spot, with a bit of a twist. “Ant-Man and the Wasp: Quantumania,” a Walt Disney release in theaters Thursday, is rated PG-13 by the Motion Picture Association for “some sci-fi action violence.” Running time: 122 minutes. Two and a half stars out of four. MPA Definition of PG-13: Parents strongly cautioned. Some material may be inappropriate for children under 13. 65


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DUBAI AGAIN PLANS FOR FLYING TAXI TAKEOFF, THIS TIME BY 2026 69
Dubai again is planning for the takeoff of flying taxis in this futuristic city-state on the Arabian Peninsula, offering its firmest details yet for a pledged launch by 2026. Since 2017, the commercial capital of the United Arab Emirates has offered promises to launch flying taxis in the city already home to the world’s tallest building and other architectural wonders. A series of d ifferent types and companies have cycled through those promises as well, most timed to be included at Dubai’s annual World Government Summit. Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, announced the relaunched flying taxi program on Twitter last weekend. This time, Dubai highlighted the six-rotor electric flying taxi made by Joby Aviation of Santa Cruz, California, in the promotional video. The inclusion of Joby Aviation, rather than the Chinese-made EHang 184 and XPeng X2 or the German-made electric Volocopter all previously displayed in Dubai, wasn’t explained by Emirati officials. Joby aircraft featured at a stand at the World Government Summit this week. “We’re excited about the opportunity and actively exploring the possibility,” said Oliver Walker-Jones, a spokesman for Joby Aviation. Ahmed Bahrozyan, an official in the emirate’s Roads and Transport Authority, similarly told the state-owned Dubai Eye radio station that “it’s early days” for the plan. “We haven’t yet signed with any partners yet,” he said. Another difference in this year’s promise on flying taxis is the release of specifics about the 70
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program. The city plans four “vertiports” by Dubai International Airport, the world’s busiest for international travel, downtown Dubai, the manmade Palm Jumeirah archipelago and Dubai Marina. Those points will include two launching pads and four charging points for the flying taxis. “We believe those are attractive areas with business hubs and tourist hubs that could generate considerable demand,” Bahrozyan said. The pricing for the flying taxis “will be in the range of a limousine service in Dubai, maybe slightly higher,” Bahrozyan said. The RTA describes limo services rates as “at least 30% higher than taxi fares” in the city. Taxis have a minimum fare of around $3.25 and charge $0.50 a kilometer. Another departure from earlier plans include the RTA planning to have piloted flying taxis at first, rather than autonomous ones as previously discussed. Dubai officials described the taxi as having a pilot with four seats for passengers on board, which match Joby’s electric flying taxi. However, Bahrozyan said tests would continue with autonomous flying taxis as well. The Joby prototype can fly over 240 kilometers (150 miles) before needing a charge — something which would put Abu Dhabi and other areas of the country within range. It takes off and lands vertically, while its rotors tilt forward in flight. It has a maximum speed of 320 kph (200 mph). Joby Avation Inc., which is listed on the New York Stock Exchange, was at $4.20 a share. Its major shareholders include Intel Corp., while Atlantabased Delta Air Lines also has invested. The video posted by Sheikh Mohammed’s Twitter account also included the logo of London-based 72
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Skyports Infrastructure, which also refers to its support projects as “vertiports.” The company already is testing its “vertiport” model outside of Paris and is working with Joby. Skyports did not immediately respond to a request for comment. Opening the skies to flying taxis would add to the “Blade Runner” skyline of Dubai, while also easing the real-world grind of daily traffic that’s only worsening as its population booms to over 3.5 million people. Rush hour on Sheikh Zayed Road, a dozen-lane artery running down the length of the Dubai, alternates between dense gridlock and sports-car slalom. Over 1.8 million Dubai-registered vehicles ply its roads, not counting those crowding in from the United Arab Emirates’ six other sheikhdoms. There’s also the desire to move away from carbonbelching gasoline and diesel vehicles as the UAE will host the upcoming United Nations COP28 climate talks later this year. That’s even as the Emirates hopes to expand its production of crude oil ahead of a promised “carbon-neutral” future by 2050. Meanwhile, Dubai hopes to have a quarter of all cars on its roads be driverless by 2030. 74
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AI warfare: The battlefield of the decade is now placed 79
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Welcome to the AI battles, where companies compete to be the top provider of artificial intelligence technology. Microsoft and Bing have unexpectedly taken the lead in this race, but Google and Apple are just around the corner with their own AI-powered search tools. 81
INTRODUCING BING WITH CHATGPT The AI wars have officially begun, and companies are competing to provide the most advanced artificial intelligence technology to users. In this race, Microsoft and Bing have taken the lead with their new chatbot-powered search engine. After trying it out, it’s hard to deny that Microsoft has won the first battle in the tech dominance struggle. Bing has finally arrived, and it’s time for users to start paying attention to this search engine that has been around for over a decade. Microsoft’s new Bing search engine is not like the old one. The desktop version is now available, with a mobile version coming soon. The interface has been updated with a “Chat” option in the menu, and you can switch between the main search screen and the chatbot screen. The query box has been enlarged to accommodate up to 1,000 characters for any natural language question you may have. Think Siri on steroids. The chatbot, called Prometheus Model, is a result of Microsoft’s collaboration with OpenAI. OpenAI’s work on ChatGPT has been integrated with Microsoft’s Azure Cloud Services and Bing’s knowledge graph to create a powerful and sophisticated chatbot. The chatbot expands on search results with additional details and references, and it can also guide you with additional questions to continue your search. If you encounter an inaccurate result, you can provide feedback to Microsoft through the dislike option. This updated version of Bing is a fully-integrated search AI that is not only useful but also fun to use. It guides you to the best result by allowing you to ask follow-up questions, making the 82
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search process smoother and more efficient. Bing’s chatbot inherits the strengths of Bing’s search engine, which is capable of filtering out false and harmful information. The most exciting part? It will only improve as developers work hard to introduce new user intelligence and capabilities. While AI is not foolproof, ChatGPT has been successful because it is powerful and easy to use while avoiding biases and poor judgment that have plagued previous chatbots. Microsoft has combined a well-established search engine with the best-in-class consumer AI and created a brand-new tool that anyone can use without training. And they have done it before Google. Microsoft and Bing have taken a major step forward in the AI wars with their new chatbotpowered search engine. With its sophisticated technology and user-friendly interface, the new Bing is poised to revolutionize how people search for information online. But Microsoft won’t be on its own regarding AI search capabilities: Google is coming. GOOGLE BARD IS COMING Keen not to be overlooked by users as the world’s best search engine, Google was quick to announce and launch its answer to Chat GPT earlier in February. Alphabet, the parent company behind Google, said that AI “has the potential to revolutionize the way we live and work. It has already made remarkable advances in fields like healthcare, education, and information accessibility,” adding that it “recognized the transformative power of AI six years ago and made a strategic decision to focus its efforts in this area.” The company 86
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also announced Bard, its ChatGPT rival, which “draws on information from the web to provide customized responses to users’ queries.” Google says that the tool is designed to combine the breadth of the world’s knowledge with the intelligence and creativity of its AI models. “Whether you want to learn about discoveries from the James Webb Space Telescope, find the best football strikers, or understand complex topics in simple terms, Bard is the AI tool you need,” it added, though an early pas faux has no doubt embarrassed the company. Google confirmed in a press release that it was starting with a lightweight model version of LaMDA, which is less computationally intensive and will allow them to scale to more users. They will conduct a rigorous testing process to ensure that Bard’s responses meet high standards for quality, safety, and accuracy. “Our goal is to make Bard a trusted source of information and a valuable tool for anyone looking to expand their knowledge,” it added. “Our earlier Transformer models, like BERT, have revolutionized how we understand human language. And now, our newest AI technologies, like LaMDA, PaLM, Imagen, and MusicLM, are creating new ways to engage with information, from language and images to video and audio. We are working to bring these AI advancements into our products, starting with search, to help people find the information they need more easily and efficiently,” the company said in a statement, promising new AI-powered tools coming to search soon. 89
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APPLE’S KEEPING UP WITH THE AI SURGE As the technology industry continues to be reshaped by the advancements of artificial intelligence, the question arises as to whether Apple can keep up. With Bard and ChatGPT entering our everyday vocabularies just weeks after their launch, Apple has been quiet on the AI front, at least publicly. Despite this, Apple is far from sitting on the sidelines. The company has even announced it will be holding an AI summit for its employees in February 2023, indicating a strong interest in the development of artificial intelligence. Apple CEO Tim Cook has stated, “We see enormous potential in this space to affect virtually everything we do. It will affect every product and every service that we have.” Apple’s approach to AI is likely to continue to incorporate AI advancements into its products and services, rather than trying to compete with Google or Microsoft in the AI space. Apple’s business model is not centered around a single product or service. The company has already implemented AI in features such as Crash Detection on Apple Watch and iPhone, ECG recordings on Apple Watch, and digital audiobook narration on Apple Books. And as Apple launches its new AR/VR headset in the coming months, it’s clear the firm is headed in new directions. 93
While some firms may be racing to incorporate AI into their products, Apple is taking a measured approach and focusing on how AI can enhance its existing products and services. We can’t wait to see where the company is headed and the immense possibilities that await. 94
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AMID CHATGPT OUTCRY, SOME TEACHERS ARE INVITING AI TO CLASS Under the fluorescent lights of a fifth grade classroom in Lexington, Kentucky, Donnie Piercey instructed his 23 students to try and outwit the “robot” that was churning out writing assignments. The robot was the new artificial intelligence tool ChatGPT, which can generate everything from essays and haikus to term papers within seconds. The technology has panicked teachers and prompted school districts to block access to the site. But Piercey has taken another approach 98
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by embracing it as a teaching tool, saying his job is to prepare students for a world where knowledge of AI will be required. “This is the future,” said Piercey, who describes ChatGPT as just the latest technology in his 17 years of teaching that prompted concerns about the potential for cheating. The calculator, spellcheck, Google, Wikipedia, YouTube. Now all his students have Chromebooks on their desks. “As educators, we haven’t figured out the best way to use artificial intelligence yet. But it’s coming, whether we want it to or not.” One exercise in his class pitted students against the machine in a lively, interactive writing game. Piercey asked students to “Find the Bot:” Each student summarized a text about boxing champion and Kentucky icon Muhammad Ali, then tried to figure out which was written by the chatbot. At the elementary school level, Piercey is less worried about cheating and plagiarism than high school teachers. His district has blocked students from ChatGPT while allowing teacher access. Many educators around the country say districts need time to evaluate and figure out the chatbot but also acknowledge the futility of a ban that today’s tech-savvy students can work around. “To be perfectly honest, do I wish it could be uninvented? Yes. But it happened,” said Steve Darlow, the technology trainer at Florida’s Santa Rosa County District Schools, which has blocked the application on school-issued devices and networks. He sees the advent of AI platforms as both “revolutionary and disruptive” to education. 101
He envisions teachers asking ChatGPT to make “amazing lesson plans for a substitute” or even for help grading papers. “I know it’s lofty talk, but this is a real game changer. You are going to have an advantage in life and business and education from using it.” ChatGPT quickly became a global phenomenon after its November launch, and rival companies including Google are racing to release their own versions of AI-powered chatbots. The topic of AI platforms and how schools should respond drew hundreds of educators to conference rooms at the Future of Education Technology Conference in New Orleans last month, where Texas math teacher Heather Brantley gave an enthusiastic talk on the “Magic of Writing with AI for all Subjects.” Brantley said she was amazed at ChatGPT’s ability to make her sixth grade math lessons more creative and applicable to everyday life. “I’m using ChatGPT to enhance all my lessons,” she said in an interview. The platform is blocked for students but open to teachers at her school, White Oak Intermediate. “Take any lesson you’re doing and say, ‘Give me a real-world example,’ and you’ll get examples from today — not 20 years ago when the textbooks we’re using were written.” For a lesson about slope, the chatbot suggested students build ramps out of cardboard and other items found in a classroom, then measure the slope. For teaching about surface area, the chatbot noted that sixth graders would see how the concept applies to real life when wrapping gifts or building a cardboard box, said Brantley. 102
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She is urging districts to train staff to use the AI platform to stimulate student creativity and problem solving skills. “We have an opportunity to guide our students with the next big thing that will be part of their entire lives. Let’s not block it and shut them out.” Students in Piercey’s class said the novelty of working with a chatbot makes learning fun. After a few rounds of “Find the Bot,” Piercey asked his class what skills it helped them hone. Hands shot up. “How to properly summarize and correctly capitalize words and use commas,” said one student. A lively discussion ensued on the importance of developing a writing voice and how some of the chatbot’s sentences lacked flair or sounded stilted. Trevor James Medley, 11, felt that sentences written by students “have a little more feeling. More backbone. More flavor.” Next, the class turned to playwriting, or as the worksheet handed out by Piercey called it: “Pl-ai Writing.” The students broke into groups and wrote down (using pencils and paper) the characters of a short play with three scenes to unfold in a plot that included a problem that needs to get solved. Piercey fed details from worksheets into the ChatGPT site, along with instructions to set the scenes inside a fifth grade classroom and to add a surprise ending. Line by line, it generated fully formed scripts, which the students edited, briefly rehearsed and then performed. One was about a class computer that escapes, with students going on a hunt to find it. The play’s creators giggled over unexpected plot 105
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twists that the chatbot introduced, including sending the students on a time travel adventure. “First of all, I was impressed,” said Olivia Laksi, 10, one of the protagonists. She liked how the chatbot came up with creative ideas. But she also liked how Piercey urged them to revise any phrases or stage directions they didn’t like. “It’s helpful in the sense that it gives you a starting point. It’s a good idea generator.” She and classmate Katherine McCormick, 10, said they can see the pros and cons of working with chatbots. They can help students navigate writer’s block and help those who have trouble articulating their thoughts on paper. And there is no limit to the creativity it can add to classwork. The fifth graders seemed unaware of the hype or controversy surrounding ChatGPT. For these children, who will grow up as the world’s first native AI users, their approach is simple: Use it for suggestions, but do your own work. “You shouldn’t take advantage of it,” McCormick says. “You’re not learning anything if you type in what you want, and then it gives you the answer.” 108
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NEW AI VOICE-CLONING TOOLS ‘ADD FUEL’ TO MISINFORMATION FIRE 113
In a video from a Jan. 25 news report, President Joe Biden talks about tanks. But a doctored version of the video has amassed hundred of thousands of views this week on social media, making it appear he gave a speech that attacks transgender people. Digital forensics experts say the video was created using a new generation of artificial intelligence tools, which allow anyone to quickly generate audio simulating a person’s voice with a few clicks of a button. And while the Biden clip on social media may have failed to fool most users this time, the clip shows how easy it now is for people to generate hateful and disinformation-filled “deepfake” videos that could do real-world harm. “Tools like this are going to basically add more fuel to fire,” said Hafiz Malik, a professor of electrical and computer engineering at the University of Michigan who focuses on multimedia forensics. “The monster is already on the loose.” It arrived last month with the beta phase of ElevenLabs’ voice synthesis platform, which allowed users to generate realistic audio of any person’s voice by uploading a few minutes of audio samples and typing in any text for it to say. The startup says the technology was developed to dub audio in different languages for movies, audiobooks and gaming to preserve the speaker’s voice and emotions. Social media users quickly began sharing an AIgenerated audio sample of Hillary Clinton reading the same transphobic text featured in the Biden clip, along with fake audio clips of Bill Gates supposedly saying that the COVID-19 vaccine causes AIDS and actress Emma Watson purportedly reading Hitler’s manifesto“Mein Kampf.” 114
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Shortly after, ElevenLabs tweeted that it was seeing “an increasing number of voice cloning misuse cases,” and announced that it was now exploring safeguards to tamp down on abuse. One of the first steps was to make the feature available only to those who provide payment information. Initially, anonymous users were able to access the voice cloning tool for free. The company also claims that if there are issues, it can trace any generated audio back to the creator. But even the ability to track creators won’t mitigate the tool’s harm, said Hany Farid, a professor at the University of California, Berkeley, who focuses on digital forensics and misinformation. “The damage is done,” he said. As an example, Farid said bad actors could move the stock market with fake audio of a top CEO saying profits are down. And already there’s a clip on YouTube that used the tool to alter a video to make it appear Biden said the U.S. was launching a nuclear attack against Russia. Free and open-source software with the same capabilities have also emerged online, meaning paywalls on commercial tools aren’t an impediment. Using one free online model, the AP generated audio samples to sound like actors Daniel Craig and Jennifer Lawrence in just a few minutes. “The question is where to point the finger and how to put the genie back in the bottle?” Malik said. “We can’t do it.” When deepfakes first made headlines about five years ago, they were easy enough to detect since the subject didn’t blink and audio sounded 117
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robotic. That’s no longer the case as the tools become more sophisticated. The altered video of Biden making derogatory comments about transgender people, for instance, combined the AI-generated audio with a real clip of the president, taken from a Jan. 25 CNN live broadcast announcing the U.S. dispatch of tanks to Ukraine. Biden’s mouth was manipulated in the video to match the audio. While most Twitter users recognized that the content was not something Biden was likely to say, they were nevertheless shocked at how realistic it appeared. Others appeared to believe it was real – or at least didn’t know what to believe. Hollywood studios have long been able to distort reality, but access to that technology has been democratized without considering the implications, said Farid. “It’s a combination of the very, very powerful AI based technology, the ease of use, and then the fact that the model seems to be: let’s put it on the internet and see what happens next,” Farid said. Audio is just one area where AI-generated misinformation poses a threat. Free online AI image generators like Midjourney and DALL-E can churn out photorealistic images of war and natural disasters in the style of legacy media outlets with a simple text prompt. Last month, some school districts in the U.S. began blocking ChatGPT, which can produce readable text – like student term papers – on demand. ElevenLabs did not respond to a request for comment. 119


SEVERAL UNIVERSITIES TO EXPERIMENT WITH MICRO NUCLEAR POWER If your image of nuclear power is giant, cylindrical concrete cooling towers pouring out steam on a site that takes up hundreds of acres of land, soon there will be an alternative: tiny nuclear reactors that produce only onehundredth the electricity and can even be delivered on a truck. Small but meaningful amounts of electricity — nearly enough to run a small campus, a hospital 122
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or a military complex, for example — will pulse from a new generation of micronuclear reactors. Now, some universities are taking interest. “What we see is these advanced reactor technologies having a real future in decarbonizing the energy landscape in the U.S. and around the world,” said Caleb Brooks, a nuclear engineering professor at the University of Illinois at Urbana-Champaign. The tiny reactors carry some of the same challenges as large-scale nuclear, such as how to dispose of radioactive waste and how to make sure they are secure. Supporters say those issues can be managed and the benefits outweigh any risks. Universities are interested in the technology not just to power their buildings but to see how far it can go in replacing the coal and gas-fired energy that causes climate change. The University of Illinois hopes to advance the technology as part of a clean energy future, Brooks said. The school plans to apply for a construction permit for a high-temperature, gas-cooled reactor developed by the Ultra Safe Nuclear Corporation, and aims to start operating it by early 2028. Brooks is the project lead. Microreactors will be “transformative” because they can be built in factories and hooked up on site in a plug-and-play way, said Jacopo Buongiorno, professor of nuclear science and engineering at the Massachusetts Institute of Technology. Buongiorno studies the role of nuclear energy in a clean energy world. “That’s what we want to see, nuclear energy on demand as a product, not as a big mega project,” he said. 125
Both Buongiorno and Marc Nichol, senior director for new reactors at the Nuclear Energy Institute, view the interest by schools as the start of a trend. Last year, Penn State University signed a memorandum of understanding with Westinghouse to collaborate on microreactor technology. Mike Shaqqo, the company’s senior vice president for advanced reactor programs, said universities are going to be “one of our key early adopters for this technology.” Penn State wants to prove the technology so that Appalachian industries, such as steel and cement manufacturers, may be able to use it, said Professor Jean Paul Allain, head of the nuclear engineering department. Those two industries tend to burn dirty fuels and have very high emissions. Using a microreactor also could be one of several options to help the university use less natural gas and achieve its long-term carbon emissions goals, he said. “I do feel that microreactors can be a gamechanger and revolutionize the way we think about energy,” Allain said. For Allain, microreactors can complement renewable energy by providing a large amount of power without taking up much land. A 10-megawatt microreactor could go on less than an acre, whereas windmills or a solar farm would need far more space to produce 10 megawatts, he added. The goal is to have one at Penn State by the end of the decade. Purdue University in Indiana is working with Duke Energy on the feasibility of using advanced nuclear energy to meet its long-term energy needs. 126
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Nuclear reactors that are used for research are nothing new on campus. About two dozen U.S. universities have them. But using them as an energy source is new. Back at the University of Illinois, Brooks explains the microreactor would generate heat to make steam. While the excess heat from burning coal and gas to make electricity is often wasted, Brooks sees the steam production from the nuclear microreactor as a plus, because it’s a carbon-free way to deliver steam through the campus district heating system to radiators in buildings, a common heating method for large facilities in the Midwest and Northeast. The campus has hundreds of buildings. The 10-megawatt microreactor wouldn’t meet all of the demand, but it would serve to demonstrate the technology, as other communities and campuses look to transition away from fossil fuels, Brooks said. One company that is building microreactors that the public can get a look at today is Last Energy, based in Washington, D.C. It built a model reactor in Brookshire, Texas that’s housed in an edgy cube covered in reflective metal. Now it’s taking that apart to test how to transport the unit. A caravan of trucks is taking it to Austin, where company founder Bret Kugelmass is scheduled to speak at the South by Southwest conference and festival. Kugelmass, a technology entrepreneur and mechanical engineer, is talking with some universities, but his primary focus is on industrial customers. He’s working with licensing authorities in the United Kingdom, Poland and 129
Romania to try to get his first reactor running in Europe in 2025. The urgency of the climate crisis means zerocarbon nuclear energy must be scaled up soon, he said, “It has to be a small, manufactured product as opposed to a large, bespoke construction project.” Traditional nuclear power costs billions of dollars. An example is two additional reactors at a plant in Georgia that will end up costing more than $30 billion. The total cost of Last Energy’s microreactor, including module fabrication, assembly and site prep work, is under $100 million, the company says. Westinghouse, which has been a mainstay of the nuclear industry for over 70 years, is developing its “eVinci” microreactor, Shaqqo said, and is aiming to get the technology licensed by 2027. The Department of Defense is working on a microreactor too. Project Pele is a DOD prototype mobile nuclear reactor under design at the Idaho National Laboratory. Abilene Christian University in Texas is leading a group of three other universities with the company Natura Resources to design and build a research microreactor cooled by molten salt to allow for high temperature operations at low pressure, in part to help train the next generation nuclear workforce. But not everyone shares the enthusiasm. Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists, called it “completely unjustified.” Microreactors in general will require much more uranium to be mined and enriched per unit of 130
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electricity generated than conventional reactors do, he said. He said he also expects fuel costs to be substantially higher and that more depleted uranium waste could be generated compared to conventional reactors. “I think those who are hoping that microreactors are going to be the silver bullet for solving the climate change crisis are simply betting on the wrong horse,” he said. Lyman also said he fears microreactors could be targeted for a terrorist attack, and some designs would use fuels that could be attractive to terrorists seeking to build crude nuclear weapons. The UCS does not oppose using nuclear power, but wants to make sure it’s safe. The United States does not have a national storage facility for storing spent nuclear fuel and it’s piling up. Microreactors would only compound the problem and spread the radioactive waste around, Lyman said. A 2022 Stanford-led study found that smaller modular reactors — the next size up from micro — will generate more waste than conventional reactors. Lead author Lindsay Krall said this week that the design of microreactors would make them subject to the same issue. Kugelmass sees only promise. Nuclear, he said, has been “totally misunderstood and under leveraged.” It will be “the key pillar of our energy transformation moving forward.” 133
AMAZON UNIT ZOOX TESTS ROBOTAXI ON CALIFORNIA CITY’S STREETS 134
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Zoox’s recent achievement of successfully transporting passengers on public roads marks a significant step forward for the development of autonomous driving technology. The company’s innovative four-person “robotaxi” has been designed without traditional vehicle controls, including steering wheels and pedals, and is intended to be a fully self-driving vehicle. The recent test of the vehicle took place between two buildings at Zoox’s headquarters in Foster City, California, where it completed a mile-long route. The carriage-style interior of the vehicle has two benches that face each other, providing ample space for passengers to sit back and relax while the vehicle takes care of the driving. According to Zoox, its vehicle has undergone rigorous testing on private roads, and the company has obtained the necessary approvals from the California Department of Motor Vehicles to operate on public roads. This makes it one of the first companies to receive such approval, putting it at the forefront of the autonomous vehicle industry. Zoox’s self-driving technology has been designed to navigate roads and avoid collisions, making it a safer and more efficient way to transport people. With the completion of the recent test, the company is planning to launch a shuttle service exclusively for its employees. The potential benefits of autonomous driving technology are significant, with the potential to reduce traffic congestion, improve road safety, and provide increased access to transportation for people who may not have been able to drive before. However, the development of this technology has not been without challenges. 137
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One of the main challenges facing the autonomous vehicle industry is the development of safe and reliable technology. Self-driving vehicles need to be able to make decisions in realtime, navigate complex road environments, and respond to unexpected situations. This requires sophisticated technology that is still in the process of being refined. Another challenge facing the industry is regulatory compliance. The development of self-driving vehicles has prompted a range of regulatory questions, including issues related to liability, data privacy, and the legal responsibilities of both the manufacturers and operators of these vehicles. Addressing these issues will be critical to the future of the autonomous vehicle industry. Despite these challenges, companies like Zoox are making significant strides in the development of autonomous driving technology, bringing us closer to a future where self-driving vehicles are a common sight on our roads. As the technology continues to evolve and improve, we can expect to see more companies testing and launching autonomous vehicles in the years ahead. 140
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WHITE HOUSE: TESLA TO MAKE SOME EV CHARGERS AVAILABLE TO ALL 142
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Electric car giant Tesla will, for the first time, make some of its charging stations available to all U.S. electric vehicles by the end of next year, under a new plan announced by the White House. The plan will make at least 7,500 chargers from Tesla’s Supercharger and Destination Charger network available to non-Tesla EVs by the end of 2024, the White House said. The plan to open the nation’s largest and most reliable charging network to all drivers is a potential game-changer in promoting EV use, a key component of President Joe Biden’s goal to fight climate change. “As President Biden said, the great American road trip will be electrified,’‘said Mitch Landrieu, a White House aide who oversees implementation of the 2021 infrastructure law signed by Biden. Soon, charging an EV “will be as easy as filling up at a gas station,” Landrieu said. The plan to open up Tesla’s charging network was among a series of developments announced this week by the White House, such as new standards to make EV charging networks convenient and reliable for all Americans, including those driving long distances. The new standards will ensure that everyone can use a charging network, no matter what car they drive or what state they charge in, Landrieu and other officials said. Tesla, General Motors, EVgo, Pilot, Hertz and other companies also have agreed to expand their networks by thousands of public charging ports in the next two years, using private funds and federal spending from the infrastructure 145
law, “putting the nation’s EV charging goals even closer within reach,” the White House said. “It’s clear this administration is making incredible progress in ensuring EVs’ future,” Landrieu told reporters. Under the administration’s plan, Tesla will set up charging sites at hotels, restaurants and other public spaces in urban and rural locations, the White House said. All EV drivers will be able to access these stations using the Tesla app or website, officials said. Tesla plans to triple its nationwide network of Superchargers over the next few years, the White House said. The developments come after Landrieu and another top White House aide, John Podesta, met with Tesla CEO Elon Musk in Washington last month. Biden did not attend the meeting, which centered on the EV industry and the broader goal of electrification of the U.S. economy, the White House said. A week later, the Treasury Department said it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions. The revised standards follow lobbying by Tesla and other automakers to change vehicle definitions to allow higher-priced EVs to qualify for a maximum tax credit. Tesla raised prices on its Model Y SUV within hours of the Treasury announcement. Sam Abuelsamid, principal analyst for Guidehouse Insight, said the agreement to open up Tesla chargers to non-Tesla EVs “is potentially a very big deal.’ 146
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The plan “should be a big help to non-Tesla EV drivers if they can use the Tesla network and if the network remains as reliable as it is today,” he said. While the White House said the Tesla network should be available through use of a company app or website, an adaptor — or even a new charger design — will likely be required for nonTesla EVs, Abuelsamid said. Even so, a question remains, he added: “Once they open it up, will (the Tesla network) still be reliable?” 150
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TIKTOK ‘DE-INFLUENCERS’ WANT GEN Z TO BUY LESS, AND MORE Image: Gabby Jones 152
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At a time when consumers are inundated with so-called social media influencers peddling the latest products online, a slew of TikTok users are leveraging their platforms to tell people what not to buy instead. The trend, called “de-influencing,” is a stark contrast to prior ones like #TikTokMadeMeBuyIt, when consumers were showing off products they purchased after seeing them on the social media app. These days, TikTokers are telling their followers which products aren’t worth the money, or urging them to resist indulging in trends. Some influencers are sounding off about blushes, mascaras or other beauty and skincare items that made big promises but don’t deliver. And others are telling their followers to avoid hair stylers and water bottles TikTok itself helped popularize. All told, clips with the hashtag #deinfluencing have racked up more than 150 million views in just a few months. It’s not clear how the trend originated, though one of the first TikTok videos came from a former employee for Ulta and Sephora, who listed frequently-returned products at the beauty stores. Image: Loic Venance 154
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Paige Pritchard, 33, said it’s refreshing to see consumers finally having this conversation. Now a spending coach who shares financial advice on TikTok, Pritchard said she chose her career path after blowing her entire $60,000 salary on clothing, beauty and hair products in the first year after she graduated from college. At the time, Pritchard was living with her parents to help pay off her student loans. But heeding recommendations from YouTube influencers, who routinely get paid by brands to market products, she regularly went to Nordstrom or J. Crew on her lunch breaks, easily dropping $500 per visit. “When it came time to move out, I realized that I had no money,” Pritchard said. “I could barely afford to move out of my parent’s house at the end of that year.” 156
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She felt embarrassed and ashamed, and characterizes the moment as her “breaking point.” Estefany Teran, 23, said she was inspired to make her “de-influencing” video after her sister-in-law told her she wanted a Stanley cup — a popular 40-ounce drinking tumbler that recently went viral on TikTok. But it was out of stock. “I was like, ‘You can just go to TJ Maxx and get a different cup,’” Teran said. TikTok trends come and go, and criticisms of consumerism aren’t necessarily new. Still, influencers who hop on the de-influencing trend could be seen as more trustworthy and use the opportunity to shore up credibility, said Abhisek Kunar, a marketing lecturer at the University of Essex who has studied how Gen Z interacts with content creators. A study he did with other academics showed Gen Z shoppers typically ignore influencer campaigns they believe to be controlled by companies. Brand deals and influencers have become almost synonymous over the years, but consumers still crave authenticity and those seen as inauthentic often incur a cost to their reputation. 159
Most recently, Mikayla Nogueira, a makeup artist with 14.4 million TikTok followers, was accused of wearing fake eyelashes while promoting a L’Oreal mascara in a sponsored video by the brand. (Representatives for Nogueira did not reply to a request for comment.) “Influencers will still remain relevant, but one of their major weapons -- which is source credibility -- is slowly getting eroded unless they do something about it,” Kunar said. The temptation to make money, however, can be hard to overcome. Many influencers earn their living from the content they produce, oftentimes in collaboration with brands. Such partnerships have exploded in the past decade, according to Influencer Marketing Hub, which says the influencer marketing industry reached over $16 billion last year, up from $1.6 billion in 2016. At the same time, the number of people 160
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who search for products on social media has risen by 43% since 2015, the audience research company GWI said in a recent report. Compared to other influencer-dominant platforms like Instagram and YouTube, TikTok is fairly new to driving consumer behavior. But traction there has driven sales on many items, including books by Texas-based writer Colleen Hoover as well as products that can supposedly give the skin a glistening and plump finish known as “dolphin skin.” Data from the market research company NPD Group also shows purchasing decisions on skincare and fragrance products, in particular, were influenced more by TikTok last year compared with 2021. Image: Artur Widak 162
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De-influencing — much like influencing — sprang from a place of authenticity. But the longer the trend lingers, the more it becomes something of a paradox: The hashtag is being used by some users to pan certain products and then turn around and offer up alternatives -- essentially influencing their followers to buy more items, not less. And there might be money to be made in that as well. For example, some products mentioned in popular TikToker user alyssastephanie’s de-influencing videos are listed on her Amazon Storefront, a personalized page on the e-commerce site where influencers earn commission from purchases made using affiliate links. TikToker valeriafride, whose de-influencing video got more than a million views, also has recommendations listed on her Storefront. 164
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Fride has a caption that tells viewers to not buy everything mentioned in her video. She told in an emailed response that she hasn’t made and “didn’t intend to” make money off of the alternative products she recommended, but did not provide further details. TikToker alyssastephanie said in an email that having a Storefront makes it easier for viewers to find items mentioned in a clip. Mandy Lee, a fashion critic and freelance writer who posted a TikTok video championing the anti-consumption trend, said she would be skeptical of any influencer who is participating in this conversation for the first time because its a trend. “It’s hard for me to trust someone who’s never done a nuanced take about products before, and suddenly they’re doing it now,” said Lee, who lives in Brooklyn, New York and has another side job consulting companies about fashion trends. “I would question whether or not it’s genuine.” 166
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ELON MUSK HOPES TO HAVE TWITTER CEO TOWARD THE END OF YEAR Billionaire Elon Musk said that he anticipates finding a CEO for Twitter “probably toward the end of this year.” Speaking via a video call to the World Government Summit in Dubai, Musk said making sure the platform can function remained the most important thing for him. “I think I need to stabilize the organization and just make sure it’s in a financial healthy place,” Musk said when asked about when he’d name a CEO. “I’m guessing probably toward the end of this year would be good timing to find someone else to run the company.” 169
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It remains unclear how seriously Musk will take that timeline. His comment came only hours after he posted images of his shiba inu dog, Floki, on Twitter as the company’s “CEO.” “So much better than that other guy!” wrote Musk, who often posts memes. After making the posts, a cryptocurrency known as Dogecoin, based around the image of a shiba inu meme, rose in value by around 5%. Musk previously has suggested Twitter accept Dogecoin in transactions. Musk, 51, made his wealth initially on the finance website PayPal, then created the spacecraft company SpaceX and invested in the electric car company Tesla. In recent months, however, more attention has been focused on the chaos surrounding his $44 billion purchase of the microblogging site Twitter. Meanwhile, the Ukrainian military’s use of Musk’s satellite internet service Starlink as it defends itself against Russia’s ongoing invasion has put Musk off and on at the center of the war. Musk offered a wide-ranging 35-minute discussion that touched on the billionaire’s fears about artificial intelligence, the collapse of civilization and the possibility of space aliens. But questions about Twitter kept coming back up as Musk described both Tesla and SpaceX as able to function without his direct, day-to-day involvement. “Twitter is still somewhat a startup in reverse,” he said. “There’s work required here to get Twitter to sort of a stable position and to really build the engine of software engineering.” Musk also sought to portray his takeover of San Francisco-based Twitter as a cultural correction. 171
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Since taking over the company, he’s restored Donald Trump’s access to the platform after the then-president lost access to the website after a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021. Musk also reinstated the accounts of several people who spread misinformation about the coronavirus, including that of Rep. Marjorie Taylor Greene, R-Ga. “I think that the general idea is just to reflect the values of the people as opposed to imposing the values of essentially San Francisco and Berkeley, which are so somewhat of a niche ideology as compared to the rest of the world,” Musk said. “And, you know, Twitter was, I think, doing a little too much to impose a niche.” Musk’s takeover at Twitter has seen mass firings and other cost-cutting measures. Musk, who is on the hook for about $1 billion in yearly interest payments for his purchase, has been trying to find way to maximize profits at the company. 175
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However, some of Musk’s decisions have conflicted with the reasons that journalists, governments and others rely on Twitter as an information-sharing platform. Musk described the need for users to rely on Twitter for trusted information from verified accounts. However, a confused rollout to a paid verified account system saw some impersonate famous companies, leading to a further withdrawal of needed advertising cash to the site. “Twitter is certainly quite the rollercoaster,” Musk acknowledged. Forbes estimates Musk’s wealth at just under $200 billion. The Forbes analysis ranks Musk as the second-wealthiest person on Earth, just behind French luxury brand magnate Bernard Arnault. But Musk also has become a thought leader for some as well, albeit an oracle that is trying to get six hours of sleep a night despite the challenges at Twitter. 177
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Musk described his children as being “programmed by Reddit and YouTube.” However, he criticized the Chinese-made social media app TikTok. “TikTok has a lot of very high usage (but) I often hear people say, ‘Well, I spent two hours on TikTok, but I regret those two hours,’” Musk said. “We don’t want that to be the case with Twitter.” TikTok, owned by Beijing-based ByteDance, did not immediately respond to a request for comment. Musk warned that artificial intelligence should be regulated “very carefully,” describing it as akin to the promise of nuclear power but the danger of atomic bombs. He also cautioned against having a single civilization or “too much cooperation” on Earth, saying it could “collapse” a society that’s like a “tiny candle in a vast darkness.” And when asked about the existence of aliens, Musk had a firm response. “The crazy thing is, I’ve seen no evidence of alien technology or alien life whatsoever. And I think I’d know because of SpaceX,” he said. “I don’t think anybody knows more about space, you know, than me.” 181
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BUFFETT’S FIRM BUYS APPLE, SLASHES CHIPMAKER AND BANK STAKES Billionaire Warren Buffett’s company added to its already substantial Apple investment at the end of last year while slashing a new investment in computer chip maker Taiwan Semiconductor and two longtime bank holdings. Berkshire Hathaway Inc. revealed several changes to its stock portfolio in documents filed with the Securities and Exchange Commission this week. Many investors follow the company’s moves closely because of Buffett’s remarkably successful investing record over the decades. 183
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Berkshire picked up nearly 21 million more shares in the iPhone maker during the final three months of last year to give it 915.6 million shares at the end of 2022. Buffett has called Apple one of the four giants that drive Berkshire’s results even though it is only a stock investment. Berkshire’s other main drivers are companies that it owns outright: its insurance unit that includes Geico, its energy company that owns several major utilities, and BNSF railroad. During the quarter, Berkshire slashed its investments in Taiwan Semiconductor, US Bancorp and Bank of New York Mellon. Just three months after revealing a 60 millionshare stake in the chipmaker, Berkshire cut its Taiwan Semiconductor investment down to 8.3 million shares. Berkshire also cut its US Bancorp investment drastically from 52.5 million shares to 6.7 million by the end of the year. Berkshire Hathaway cut its investment in Bank of New York Mellon again and sold off more than 37 million shares during the quarter to leave it with just over 25 million shares of the bank. The quarterly filings Berkshire submitted this week don’t make clear which investments Buffett is responsible for and which ones were made by the company’s two other investment managers, but Buffett generally handles all of Berkshire’s biggest investments worth $1 billion or more. Buffett doesn’t regularly comment on these stock filings. Berkshire also added to one of its smaller investments that it first revealed three months ago when it picked up more than 1.2 million 185
Louisiana Pacific shares to give it control of nearly 10% of that maker of building products. During the quarter, Buffett continued to trim Berkshire’s investment in Activision Blizzard to 52.7 million shares. He has said that he bought that stock as a way to bet that Microsoft’s acquisition of the video game maker will ultimately go through. The Omaha, Nebraska-based conglomerate Buffett leads also trimmed its investments in the grocer Kroger and Ally Financial. Buffett’s biggest investment over the past year in oil producer Occidental Petroleum remained unchanged during the quarter. Berkshire held 194.4 million Occidental shares and warrants to buy another 83.9 million shares at the end of the year. Berkshire did pick up nearly 2 million more Chevron shares during the quarter to give it control of 8.7% of the oil giant. One of the biggest changes in Berkshire’s portfolio isn’t reflected in the SEC filings because its investment in Chinese electric car maker BYD is held on the Hong Kong stock exchange. Since August, Berkshire has sold off 95 million of the 225 million BYD shares it bought back in 2008. Besides stocks, Berkshire owns an eclectic mix of dozens of different manufacturing, retail and service businesses. 186
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STUDY SHOWS ‘STRIKING’ NUMBER WHO BELIEVE NEWS MISINFORMS Half of Americans in a recent survey indicated they believe national news organizations intend to mislead, misinform or persuade the public to adopt a particular point of view through their reporting. The survey, released this week by Gallup and the Knight Foundation, goes beyond others that have shown a low level of trust in the media to the startling point where many believe there is an intent to deceive. Asked whether they agreed with the statement that national news organizations do not intend 188
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to mislead, 50% said they disagreed. Only 25% agreed, the study found. Similarly, 52% disagreed with a statement that disseminators of national news “care about the best interests of their readers, viewers and listeners,” the study found. It said 23% of respondents believed the journalists were acting in the public’s best interests. “That was pretty striking for us,” said Sarah Fioroni, a consultant for Gallup. The findings showed a depth of distrust and bad feeling that go beyond the foundations and processes of journalism, she said. Journalists need to go beyond emphasizing transparency and accuracy to show the impact of their reporting on the public, the study said. “Americans don’t seem to think that the national news organizations care about the overall impact of their reporting on the society,” said John Sands, Knight’s senior director for media and democracy. In one small consolation, in both cases Americans had more trust in local news. The ability of many people to instantly learn news from a device they hold in their hand, the rapid pace of the news cycle and an increased number of news sources would indicate that more Americans are on top of the news than ever before. Instead, an information overload appears to have had the opposite effect. The survey said 61% of American believe these factors make it harder to stay informed, while 37% said it’s easier. 191
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Like with many other studies, Knight and Gallup found Democrats trust news more than Republicans. Over the past five years, the level of distrust has particularly spiked among independents. Overall, 55% of respondents said there was a great deal of political bias in coverage, compared to 45% in 2017. In a finding reflected in the financial struggles of some news organizations and declining ratings of television news networks, the survey found 32% of Americans said they pay a great deal of attention to local news, compared to 56% in early 2020. That was at the outset of a presidential election year and the beginning of the COVID-19 outbreak. In a picture of how people get their news, 58% said online, 31% said television, 7% said radio and 3% mentioned printed newspapers or magazines. For members of Gen Z, aged 18- to 25-yearsold, 88% said they got their news online, the survey found. In one olive branch, if Americans believed local news organizations didn’t have the resources or opportunities to cover the news, they would be more likely to pay for it. The results are based on a Gallup study of 5,593 Americans aged 18 and older conducted between May 31 and July 21, 2022. 194
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GOOGLE TO EXPAND MISINFORMATION ‘PREBUNKING’ IN EUROPE After seeing promising results in Eastern Europe, Google will initiate a new campaign in Germany that aims to make people more resilient to the corrosive effects of online misinformation. The tech giant plans to release a series of short videos highlighting the techniques common to many misleading claims. The videos will appear as advertisements on platforms like Facebook, YouTube or TikTok in Germany. A similar campaign in India is also in the works. It’s an approach called prebunking, which involves teaching people how to spot false 197
claims before they encounter them. The strategy is gaining support among researchers and tech companies. “There’s a real appetite for solutions,” said Beth Goldberg, head of research and development at Jigsaw, an incubator division of Google that studies emerging social challenges. “Using ads as a vehicle to counter a disinformation technique is pretty novel. And we’re excited about the results.” While belief in falsehoods and conspiracy theories isn’t new, the speed and reach of the internet has given them a heightened power. When catalyzed by algorithms, misleading claims can discourage people from getting vaccines, spread authoritarian propaganda, foment distrust in democratic institutions and spur violence. It’s a challenge with few easy solutions. Journalistic fact checks are effective, but they’re labor intensive, aren’t read by everyone, and won’t convince those already distrustful of traditional journalism. Content moderation by tech companies is another response, but it only drives misinformation elsewhere, while prompting cries of censorship and bias. Prebunking videos, by contrast, are relatively cheap and easy to produce and can be seen by millions when placed on popular platforms. They also avoid the political challenge altogether by focusing not on the topics of false claims, which are often cultural lightning rods, but on the techniques that make viral misinformation so infectious. Those techniques include fear-mongering, scapegoating, false comparisons, exaggeration 198
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and missing context. Whether the subject is COVID-19, mass shootings, immigration, climate change or elections, misleading claims often rely on one or more of these tricks to exploit emotions and short-circuit critical thinking. Last fall, Google launched the largest test of the theory so far with a prebunking video campaign in Poland, the Czech Republic and Slovakia. The videos dissected different techniques seen in false claims about Ukrainian refugees. Many of those claims relied on alarming and unfounded stories about refugees committing crimes or taking jobs away from residents. The videos were seen 38 million times on Facebook, TikTok, YouTube and Twitter — a number that equates to a majority of the population in the three nations. Researchers found that compared to people who hadn’t seen the videos, those who did watch were more likely to be able to identify misinformation techniques, and less likely to spread false claims to others. The pilot project was the largest test of prebunking so far and adds to a growing consensus in support of the theory. 200
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“This is a good news story in what has essentially been a bad news business when it comes to misinformation,” said Alex Mahadevan, director of MediaWise, a media literacy initiative of the Poynter Institute that has incorporated prebunking into its own programs in countries including Brazil, Spain, France and the U.S. Mahadevan called the strategy a “pretty efficient way to address misinformation at scale, because you can reach a lot of people while at the same time address a wide range of misinformation.” Google’s new campaign in Germany will include a focus on photos and videos, and the ease with which they can be presented of evidence of something false. One example: Last week, following the earthquake in Turkey, some social media users shared video of the massive explosion in Beirut in 2020, claiming it was Image: Annegret Hilse 203
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actually footage of a nuclear explosion triggered by the earthquake. It was not the first time the 2020 explosion had been the subject of misinformation. Google announced its new German campaign ahead of next week’s Munich Security Conference. The timing of the announcement, coming before that annual gathering of international security officials, reflects heightened concerns about the impact of misinformation among both tech companies and government officials. Tech companies like prebunking because it avoids touchy topics that are easily politicized, said Sander van der Linden, a University of Cambridge professor considered a leading expert on the theory. Van der Linden worked with Google on its campaign and is now advising Meta, the owner of Facebook and Instagram, as well. Meta has incorporated prebunking into many different media literacy and anti-misinformation campaigns in recent years, the company told in an emailed statement. 205
They include a 2021 program in the U.S. that offered media literacy training about COVID-19 to Black, Latino and Asian American communities. Participants who took the training were later tested and found to be far more resistant to misleading COVID-19 claims. Prebunking comes with its own challenges. The effects of the videos eventually wears off, requiring the use of periodic “booster” videos. Also, the videos must be crafted well enough to hold the viewer’s attention, and tailored for different languages, cultures and demographics. And like a vaccine, it’s not 100% effective for everyone. Google found that its campaign in Eastern Europe varied from country to country. While the effect of the videos was highest in Poland, in Slovakia they had “little to no discernible effect,” researchers found. One possible explanation: The videos were dubbed into the Slovak language, and not created specifically for the local audience. But together with traditional journalism, content moderation and other methods of combating misinformation, prebunking could help communities reach a kind of herd immunity when it comes to misinformation, limiting its spread and impact. “You can think of misinformation as a virus. It spreads. It lingers. It can make people act in certain ways,” Van der Linden told the AP. “Some people develop symptoms, some do not. So: if it spreads and acts like a virus, then maybe we can figure out how to inoculate people.” 206
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US BLACKLISTS 6 CHINESE ENTITIES OVER BALLOON PROGRAM The United States has blacklisted six Chinese entities it said were linked to Beijing’s aerospace programs as part of its retaliation over an alleged Chinese spy balloon that traversed U.S. airspace. The economic restrictions announced followed the Biden administration’s pledge to consider broader efforts to address Chinese surveillance activities and will make it more difficult for the five companies and one research institute to obtain American technology exports. 208
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The move is likely to further escalate the diplomatic row between the U.S. and China sparked by the balloon, which was shot down last weekend off the Carolina coast. The U.S. said the balloon was equipped to detect and collect intelligence signals, but Beijing insists it was a weather craft that had blown off course. The incident prompted Secretary of State Antony Blinken to abruptly cancel a high-stakes trip to Beijing aimed at easing tensions. The U.S. Bureau of Industry and Security said the six entities were being targeted for “their support to China’s military modernization efforts, specifically the People’s Liberation Army’s (PLA) aerospace programs including airships and balloons.” “The PLA is utilizing High Altitude Balloons (HAB) for intelligence and reconnaissance activities,” it said. Deputy Secretary of Commerce Don Graves said on Twitter his department “will not hesitate to continue to use” such restrictions and other regulatory and enforcement tools “to protect U.S. national security and sovereignty.” The six entities are Beijing Nanjiang Aerospace Technology Co., China Electronics Technology Group Corporation 48th Research Institute, Dongguan Lingkong Remote Sensing Technology Co., Eagles Men Aviation Science and Technology Group Co., Guangzhou Tian-Hai-Xiang Aviation Technology Co., and Shanxi Eagles Men Aviation Science and Technology Group Co. The research institute did not immediately respond to a request for comment. The other five entities could not be reached. 210
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A U.S. military fighter jet shot down an unknown object flying off the remote northern coast of Alaska on orders from President Joe Biden. The object was downed because it reportedly posed a threat to the safety of civilian flights, instead of any knowledge that it was engaged in surveillance. But the twin incidents in such close succession reflect heightened concerns over China’s surveillance program and public pressure on Biden to take a tough stand against it. 215
EX-APPLE DESIGNER BEHIND CHARLES III’S CORONATION EMBLEM The official emblem of King Charles III’s coronation, created by former Apple chief designer Jony Ive and his associates, honors the monarch’s love of nature by joining the flora that symbolize the four nations of the United Kingdom in a single image. The rose of England, the thistle of Scotland, the daffodil of Wales and the shamrock of Northern Ireland form a picture of St. Edward’s Crown, 216
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which will be placed on the new king’s head when he is crowned May 6 at Westminster Abbey. The emblem revealed by Buckingham Palace is rendered in the colors of the Union flag, with the crown depicted in blue surrounded by further drawings of the four plants in red, all on a white background. “The design was inspired by King Charles’ love of the planet, nature, and his deep concern for the natural world,” Ive said in a statement. “The emblem speaks to the happy optimism of spring and celebrates the beginning of this new Carolean era for the United Kingdom.” The emblem was designed by Ive and his creative collective, LoveFrom. Ive holds some 14,000 patents globally, as well as honorary doctorates from the Universities of Oxford and Cambridge, as well as the Royal College of Art, where he is chancellor. The emblem will be available for use for all activities associated with the coronation, including community and national events. 220
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