Virtually three years into the pilot, although, it appears the federal government continues to be struggling to seek out compelling purposes for it, and adoption has been minimal. Now the purpose 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 complete story.
—Mike Orcutt
This story is from MIT Expertise Evaluate’s What’s Subsequent sequence, which appears to be like throughout industries, traits, and applied sciences to offer you a primary take 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 at the moment’s most enjoyable/essential/scary/fascinating tales about know-how.
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 Expertise Evaluate)
+ Finally judges, not politicians, would be the first to ascertain guardrails for AI. (MIT Expertise Evaluate)
2 Covid circumstances are rising once more
We don’t precisely know why, however infections do appear to shoot up over the summer time. (Wired $)
+ Hospitalizations are on the up, however specialists count on the overwhelming majority of infections to be gentle. (NBC)
+ Covid hasn’t completely gone away—right here’s the place we stand. (MIT Expertise Evaluate)
3 There’s not a lot you are able to do if AI lies about you
Persons are beginning to sue tech firms, however authorized precedent for that is mainly non-existent. (NYT $)
+ What does GPT-3 “know” about me? (MIT Expertise Evaluate)
4 Apple now has over one billion paying subscribers
Tim Prepare dinner’s push to increase from {hardware} to subscription companies appears to be paying off. (Quartz $)
5 Google is making it simpler to take away your personal data from Search
In fact, that requires you to offer Google all that data, however nonetheless nifty. (Engadget)
6 A French information company is suing X for refusing to debate paying it
Elon Musk referred to as the transfer “weird”, and I’m inclined to agree. (Reuters)
+ Meta’s Twitter rival, Threads, has seen its each 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 Expertise Evaluate)
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 good 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 relationship apps to marry off their grownup youngsters
If you happen to’re studying this, Mum… don’t go getting any concepts. (Remainder of World)