Technology
Meta’s Yann LeCun says concerns about an existential threat from artificial intelligence are ‘complete nonsense’
Artificial intelligence pioneer Yann LeCun doesn’t imagine that artificial intelligence is on the verge of becoming intelligent.
LeCun – Professor at New York University, senior researcher at Meta, and winner of a prestigious competition AM Turning Award — for instance, he has spoken openly about his skepticism before tweeting that before we worry about controlling superintelligent AI, “we need to have a beginning design for a system that’s smarter than a house cat.”
He developed his opinion in interview for the Wall Street Journal.where he answered a matter about whether artificial intelligence has turn out to be intelligent enough to pose a threat to humanity by saying, “You’ll have to excuse my French, but it’s complete bullshit.”
LeCun argued that today’s large language models lack some key cat-level abilities, equivalent to persistent memory, reasoning, planning, and understanding the physical world. In his opinion, LLMs only show that “you can manipulate language and not be smart” and won’t ever result in true artificial general intelligence (AGI).
It’s not that he’s a whole AGI skeptic. But he said latest approaches can be needed. For example, he identified that his AI fundamental research team at Meta is working on analyzing real-world video.
Technology
Dissatisfied X users switch to Bluesky
Welcome back to the week in review. This week, we discuss the large surge in Bluesky users, Elon Musk co-heading Trump’s “Department of Government Efficiency,” and Mark Zuckerberg’s latest foray into extreme wife-male behavior. Let’s go.
Bluesky is experiencing significant growth as X users dissatisfied with the platform’s latest political decisions move to a rival social network. The decentralized social media platform has grown to over 16 million users, including Swifties. If you are making a change – or no less than want to see if the grass is greener (or bluer) on the opposite side of the road – we have put together a guide on how to start.
Tesla’s Cybertruck faces sixth recall in the course of the 12 months, affecting 2,431 units. Tesla’s report shows that these trucks are or were equipped with a faulty inverter. Unlike the October Cybertruck recall, which might be resolved with an over-the-air update, Tesla will need to physically replace the recalled inverters for this batch. The electric vehicle maker said it could do it without cost.
Elon Musk will co-chair with President-elect Donald Trump Department of Government Effectiveness, whose acronym refers to Musk’s favorite cryptocurrency. Musk, together with biotech entrepreneur and former presidential candidate Vivek Ramaswamy, will lead the department to help the Trump administration “dismantle government bureaucracy, cut excess regulation, slash wasteful spending and restructure federal agencies.”
News
Mark Zuckerberg 🤝 T-Pain: Mark Zuckerberg commissioned T-Pain to write and record an acoustic cover of Lil Jon and The East Side Boyz’s “Get Low” as a present to his wife Priscilla Chan. Please note that he actually sings the infamous “to the window, to the wall” lyric. Read more
Standing desks usually are not as healthy as you think that: Apologies to standing desk users, but a brand new study has found that standing for greater than two hours a day doesn’t protect against the chance of heart problems and really increases the chance of circulatory problems. Read more
Talk to Tuah dating coach: Social media star Haliey Welch launched Pookie Tools, an AI-powered dating advice app for Gen Z singles. The app’s chatbot helps you write conversation starters, and one other tool predicts whether a possible match is lying about your height. Read more
The author took home $200 million: The generative artificial intelligence startup raised $200 million at a $1.9 billion valuation to expand its platform. CEO May Habib says the brand new funding will probably be used for product development and “consolidating the company’s leadership in the enterprise generative AI category.” Read more
Amazon fights against Temu: To higher compete with highly popular competitors Temu and Shein, Amazon launched the Amazon Haul store, offering discounted and mass-produced products, most of that are shipped from China. Read more
Just Eat sells Grubhub: The Dutch food delivery company sells Grubhub to Wonder Group in a deal valued at $650 million. That’s 91% lower than the $7.3 billion Just Eat Takeaway paid the corporate just 4 years ago. Read more
SBF is coming to the large screen: Lena Dunham is working with Apple and A24 on an adaptation of Michael Lewis’s book “Going Infinite,” which chronicles the lifetime of Sam Bankman-Fried and the implosion of FTX. Now I ponder who will probably be solid as SBF… Read more
Get ready for more AI video mistakes: InVideo launches an AI-powered generative video creation feature that enables users to use prompts to create videos in a wide range of styles, including live-action, animated, or anime. Read more
Apple Wall Mount Tablet: Apple is reportedly planning to release a tablet that might be mounted on a wall, control smart home appliances and make video calls in March 2025. The device will, in fact, be equipped with Apple Intelligence technology. Read more
Ads appear on Perplexity: An AI-powered search engine is experimenting with promoting. Ads on the positioning will initially run within the US and will probably be formatted as “sponsored follow-up questions” from partners including Indeed, Whole Foods, Universal McCann and PMG. Read more
You can now play Hot Cross Buns in your phone: The latest Artinoise product is a new edition of the classic plastic recorder. The portable device might be connected to any smartphone, tablet or PC equipped with a USB-C port, effectively transforming it right into a musical instrument. Read more
Technology
Consumer tech is making a comeback, and with it comes the resurgence of consumer company founders like Brynn Putnam
When Brynn Putnam sold her last company, Mirror, to Lululemon for $500 million at the starting of the pandemic, it appeared to the editor that she had sold the smart fitness company too soon.
Instead, the timing turned out to be good. The home fitness craze collapsed almost as suddenly as it peaked in the first yr of lockdown. Meanwhile, after a yr as CEO of Lululemon, Putnam had recent operational insights, a major victory under her belt, and a fresh concept that she became a recent company that can go public in 2025.
Venture company Lerera Hippeau has already participated in a highly competitive round for this stealth startup – the firm also led Mirror’s $3 million seed round – and on Wednesday evening in New York, I met with each Lerer Hippeau managing partner Ben Lerer and Putnam to speak about what she’s constructing. We also talked about the broader rebound that is finally going down in consumer tech – led partly by the founders who led the last wave of successful consumer startups.
Below are excerpts from that chat, calmly edited for length. You can even watch the entire interview below.
Ben Lerer on issuing the first check:
When we invested (in Mirror), Brynn had a very compelling but completely crazy demo that was principally like a two-way mirror with a computer screen behind it that was intended to point out what the mirror would look like if she were in a position to raise tens of hundreds of thousands of dollars to truly produce something like this. What’s really interesting is that she designed a piece of equipment that was her own (then her own line of boutique gyms). . . and once we saw it, it was just clear that Brynn was not only a smart entrepreneur who had built a good gym brand for herself, but she was also an inventor. Brynn won us over very, in a short time and we can have looked crazy for a few years, but ultimately less so.
Brynn Putnam on selling Mirror just 4 years after its founding:
We weren’t on the market. We weren’t on the lookout for a buyer. We just took off. But we’ve been working with Lululemon for a very long time. I’ve been working with them at my gyms for about ten years and we have been spending a lot of time with them creating content and doing fun events with them, and it just felt like the right time for us to essentially participate in Bounce Fast and Confident in homes throughout the world. We really felt this was a chance we couldn’t miss.
As for whether Lerer addressed this issue, he said:
I had my opinion on this. Look, enterprise is a funny business because of the law of power and the concept that it’s best to take pictures of the moon and you’ll have a lot of losses, but your big victories will change the whole world. I consider in the law of power, but I also think that sometimes a enterprise loses sight of truly basic, good, and sound business decision-making. There are some general truths in business, resembling: sell when others are greedy and buy when others are fearful. You do not have to maintain coming back to the casino over and all over again. In this case, when Brynn got here in and said, “Hey, I got this offer, I’m really considering taking it,” I said, “Yes, it’s best to do it for yourself; it’s amazing for us. And for those who’re getting pushback from others (e.g. later stage investors on a different cost basis), I’m pleased to attempt to be helpful, but truthfully, you are way stronger and more powerful than me and you may get on with it. I feel for a yr or two afterward, Brynn probably found a few individuals who had their doubts, and now I feel persons are seeing the growth of the entire category and realizing that it was just a good move.
Putnam about working later as an executive at Lululemon, which later he threw in the towel on the Mirror: :
An investor I love. . .he then told me that I ought to be gracious and learn that throughout the life of your online business you might be selling your online business. You sell it in small pieces or in larger pieces, but you might be at all times selling your online business. And the neatest thing you may do once you have made the decision to sell is to learn as much as you may from the company you have decided to sell to and attempt to do something meaningful on this recent role. And that is exactly what I did. In the yr I used to be there, I learned an incredible amount of things and it was extremely interesting. But I feel ultimately, going from founder and CEO to actual divisional CEO is a very big change, and for some those that’s a good fit. And for me it just wasn’t like that. I actually am a builder.
Putnam talked about what prompted her to create a recent startup:
When I left Lululemon, I used to be just in a different stage of my life. I went from being pregnant to having two kids and it really took stock of what was vital to me at that time. The mirror was very much about me. It was my reflection, my performance, it was to make myself higher. In the next phase, my life focused more on family, friends, relationships, and those things that I considered vital. I actually had a hard time finding quality time for family members like I did once I was growing up – you already know, sitting at the table and eating, playing a board game, one another’s faces. For my children, who grew up glued to iPads or smartphones, the experience of hanging out was more difficult.
So I actually began considering, how can I take what I learned at Mirror and apply those lessons in the fun category? How can I take advantage of technology to construct higher relationships and social connections? And that is what I’m working on now. It’s a recent consumer hardware company, but it’s in the gaming space relatively than the fitness space, really focused on how we spend our time face-to-face, where technology is not an experience, but a real enabler of higher relationships.
When asked if her recent product is intended for youngsters (if it suits in a pocket or is worn on the face), Putnam replied:
This is for everybody. It’s a place for friends and families spending time together. This is not a company for youngsters, although we hope you’ll participate with your kids. It’s not an education company, although we hope people find it interesting, strategic and creative, but it’s really about using technology to attach people. (At this point Lerer stated that Putnam was sworn to secrecy.)
Putnam on the confluence of artificial intelligence and hardware and software that suddenly seems very vital to founders and investors:
I feel we’ll soon enter the golden age of hardware. All the VCs here will likely be very excited to speculate in hardware founders soon, hopefully (because a) a few things are happening. The iPhone got here out 17 years ago, and we’ve not really had a consumer hardware success story since Oculus. I feel there is a chance on the marketplace for something recent. Many of the core components of these technologies have gotten more mature and subsequently reasonably priced, so in our case it is possible to create display technologies in a way that it was not 10 years ago. And then, of course, AI opens the door to interacting with our devices. Naturally, recent devices will appear on the market. We’re banking on the idea of not only one other PC, but relatively a recent, shared device in the home, which is what we did with Mirror and what we’re doing again here. We consider the future will suggest that there will likely be technology available to assist connect home and family.
Without focusing an excessive amount of on the technical specifications of the hardware, but more on the overall experience being created, Putnam said:
I recently learned about Nintendo’s design philosophy. They have this idea that they use “withered” technology with lateral considering. So the idea is to make use of mature, reasonably priced and more accessible technologies, but at the same time create really interesting experiences around them, and that is what we did with Mirror. It was more of a commodity equipment. It wasn’t pioneering technology. And (that) we’re doing again now.
About bringing family and friends together as an investing topic (here the editor mentioned the recent startup of Bonobos co-founder Andy Dunn, Cakewhich focuses on connecting people offline), Lerer said:
I’m an investor (in Pie)! Look, I actually have young children and I actually have the same challenges as all my friends and everyone else: we’re all hopelessly hooked on these devices and at a high level we’re excited about alternatives to this addiction and recent formats of entertainment or opportunities to get people away from their screens or out into the world. We recently entered into a (related) deal, yet to be announced, with an application layer AI company in the travel space, which I’m really enthusiastic about. And we just announced the deal last week at one other application layer company in the automotive aftermarket, which is actually the largest hobby area in the U.S. by spending. In the consumer space, it is at all times price on the lookout for ways to tap into people’s passions.
On the feeling that “consumer” as a category is going backwards – also due to the recent $500 million fund announced last week by renowned consumer-focused company Forerunner Ventures, Lerer said:
As a fund, we’re the first founders, but we’re also the first in New York and (with) the first generations (founders) of New York in the early 2010s, there have been a lot of consumers, a lot of media, a lot of direct-to-consumer products. And there have been a few trends that were really driving it. You had the rise of the iPhone and the App Store. You had the explosion of social media and an arbitrage promoting ecosystem that would acquire customers faster than ever. Perhaps the rise of Shopify has also created a great time to construct consumer businesses with wide-open imaginations.
There hasn’t been much in the last 4, five, six years in terms of big technological changes which have inspired people to do anything that does not seem incremental. And I actually think AI is that catalyst right away. We see a very high-quality group of founders saying, “It’s time to get back in the pool.” There are things which can be possible today that weren’t possible six months or a yr ago, and the tilt is steep nowadays when it comes to using your imagination. So I’ve been more enthusiastic about consumer issues for a very long time, which is really exciting for me because it’s my passion. I built a consumer business. I really like investing in consumer founders and, truthfully, things have been pretty bad the previous couple of years.
Technology
The Jake Paul and Mike Tyson fight shows that Netflix still has problems with live events
Viewers were talking in regards to the Friday night boxing match between Mike Tyson and Jake Paul – but probably not for the explanations Netflix hoped for.
Yes, 27-year-old Paul (YouTuber turned skilled boxer) defeated 58-year-old Tyson (a former heavyweight champion who got here out of retirement for this match) in eight rounds, but the true headline was a difficulty with viewers watching live on Netflix, with freezing and buffering a seemingly common occurrence.
As Downdetector found, the hashtag #NetflixCrash was trending on the X platform received over 1 million reports Netflix problems in 50 countries, including 530,000 reports within the United States, with peak problems around 11 p.m. EST.
“This is the biggest event,” Paul announced after the match. “Over 120 million people on Netflix. Site crashed.”
Netflix has stumbled upon live shows before, with the fourth season of Love is Blind reuniting airing last yr. delayed by over an hour. Since then, the streamer has expanded its live offering to incorporate exhibitions golf AND tennis matches, live talk showAND award ceremonies, with none major problems.
While the streamer only releases selective data on its viewership, Bloomberg’s Mark Gurman reports that the fight peaked at 65 million concurrent viewers (in comparison with 1.8 million concurrent live streams for Tom Brady), so it’s probably protected to say that the Tyson-Paul match was the largest test of Netflix’s live infrastructure to this point.
The streamer now has just over a month to make improvements before broadcast two NFL games on Christmas Dayand then WWE Raw in January.
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