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Social media giants have grand plans for AI. Creators fear they'll be left out.
TechnologyBusiness Insider5mo ago

Social media giants have grand plans for AI. Creators fear they'll be left out.

Getty Images; Tyler Le/BI Influencers are reckoning with a new boogeyman: artificial intelligence. Social apps seem infatuated with AI, and it's making some creators feel like an afterthought. Big Tech has an opportunity to help creators share in AI's profits — if they choose to do so. The days of special treatment for influencers may be numbered as big social apps turn their attention to a shiny new object: artificial intelligence. The tension recently surfaced on Instagram. The platform a...

The 'hidden' housing costs sinking homeowners
BusinessBusiness Insider4mo ago

The 'hidden' housing costs sinking homeowners

Getty Images; Tyler Le/BI Homebuyers tend to fixate on a few numbers in the hunt for their next place. The biggest one is the sticker price — the six or seven figures that can stir either exhilaration (if it's a steal) or dread (if it's a stretch). There's the hunk of cash they'll need for a down payment, and the mortgage rate that will determine how much the loan costs. Then there's the all-important monthly payment, the number that will hang over their heads for the next few decades. Trawl...

AI's pay-to-play era raises questions about how much you value your skill set
TechnologyBusiness Insider5mo ago

AI's pay-to-play era raises questions about how much you value your skill set

iStock; Getty Images; Tyler Le/BI This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Sometimes it pays to be a hater. Online trolls rejoice! An AI software company is looking for someone to spend the day bullying chatbots, writes BI's Ana Altchek. Memvid is shelling out $800 for someone to spend eight hours testing and critiquing the memory of popular chatbots. There's certainly an element of viral marketing ...

There's a lot at stake for the tech giants betting big on wearables
TechnologywsjBusiness InsiderTimes of India5mo ago3 sources

There's a lot at stake for the tech giants betting big on wearables

Getty Images; Tyler Le/BI This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. AI's next target? Helping you kick your phone addiction. AI devices are a top priority for Big Tech companies that view it as the future of how humans and AI interact, writes BI's Amanda Hoover. You've likely heard of this hardware before, which acts as a sort of AI sidekick for your life. From the Rabbit R1 and Humane to Friend, the names are different, but the stories are the same: big expectations, difficult execution. Amanda's story covers how it's not just upstarts looking to shake things up. Tech giants like Apple, Meta, and OpenAI are working on their own solutions. It's an uphill battle considering how addicted most of us are to our phones. However, the push for phone-free lifestyles, especially among Gen Z, does create an opening. These tech giants also don't have much of a choice. Apple, for example, has largely sat out the AI wars, saving a ton of money on model development. That only works if the iPhone remains a key distribution channel for the AI it's skipping out on developing. Meta's business is also heavily reliant on smartphone usage. (How often do you check Instagram on your desktop computer? Do you even have a desktop computer?) If user behavior around phones changes in a meaningful way, you can bet Meta wants to be ahead of it. AI devices also give companies a front-row seat to your life. You could argue that's already the case with these AI chatbots. I'd argue the relationship between you and your chatbot of choice is still mostly transactional. You have a question/problem/thought; the chatbot has an answer (hopefully). The relationship with AI wearables is more fluid. It's always listening, learning, and collecting. The pitch is that makes it a better copilot. Understanding your habits means it can figure out the best way to serve you. That's putting a lot of faith, and your personal data, into an AI device, though Many executives I've spoken to have said this is the future. Truly leveraging AI is about incorporating it into your daily routine, not treating it as a one-off for specific problems. The irony is that strategy has the potential to make AI even more addictive than the smartphones it's trying to replace. But maybe that's the point. Read the original article on Business Insider

The Palantir guide to stopping World War III
TechnologyBusiness Insider4mo ago

The Palantir guide to stopping World War III

Kevin Dietsch/Getty; ANDREW CABALLERO-REYNOLDS/Getty; Michael M. Santiago/Getty; Tyler Le/BI Last July, four high-ranking tech executives — all of them involved with artificial intelligence — were sworn into the US Army Reserves with the rank of lieutenant colonel. They were part of a new unit called Detachment 201, also known as the Executive Innovation Corps. The Pentagon has introduced many initiatives to deepen relationships with Silicon Valley. But making officers out of multimillionair...

'Big Short' investor Michael Burry warns stocks are long overdue for a crash — and 'fragile' markets could worsen it
WorldBusiness Insider5mo ago

'Big Short' investor Michael Burry warns stocks are long overdue for a crash — and 'fragile' markets could worsen it

Michael Burry of "The Big Short" fame said markets have become "more fragile." Jim Spellman/Getty Images; Tyler Le/BI Pricey US stocks are long overdue for a painful correction, Michael Burry wrote on his Substack. He warned that a return to historical valuations would require the S&P 500 to be cut in half. The "Big Short" investor said the index-fund and buyback booms have supported stocks but may falter. US stocks could suffer a devastating crash as the forces propping them up falter, Mic...

The death of the 30-something homebuyer was greatly exaggerated
BusinessBusiness InsiderYahoo5mo ago2 sources

The death of the 30-something homebuyer was greatly exaggerated

Getty Images; iStock; Tyler Le/BI Buying a first home is generally considered a young person's game. If your 20s are for stumbling through adulthood, then your 30s are for settling down with a family and a mortgage. Your 40s are for reaping the fruits of that labor: as you watch your home equity swell, maybe you think about splurging for more bedrooms and a bigger yard. A report released last fall by the National Association of Realtors upended this basic assumption. For several decades, the...