Hacking the macro economy?
https://www.wired.com/story/hackers-iot-botnets-manipulate-energy-markets/?&web_view=true
Hackers Could Use IoT Botnets to Manipulate Energy Markets
ON A FRIDAY morning in the fall of 2016, the Mirai botnet wrecked havoc on internet infrastructure, causing major website outages across the United States. It was a wake-up call, revealing the true damage that zombie armies of malware-infected gadgets could cause. Now, researchers at the Georgia Institute of Technology are thinking even farther afield about targets that botnets could someday disrupt—such as energy markets.
At the Black Hat security conference on Wednesday, the researchers will present their findings, which suggest that high-wattage IoT botnets—made up of power-guzzling devices like air conditioners, car chargers, and smart thermostats—could be deployed strategically to increase demand at certain times in any of the nine private energy markets around the US. A savvy attacker, they say, would be able to stealthily force price fluctuations in the service of profit, chaos, or both.
If so, he’s not thinking globally – or perhaps I should stop at ‘not thinking.’
ByteDance CEO Says Trump’s Real Goal Is to Kill Off TikTok
A U.S. investigation into ByteDance Ltd.’s TikTok is really intended to smother a Chinese-owned app that’s become a sensation with Americans, founder Zhang Yiming told employees in China Tuesday.
In his second missive to the troops in as many days, the billionaire entrepreneur said a government probe into the company’s 2017 purchase of Musical.ly, -- TikTok’s progenitor -- was intended to spur a complete shutout. Escalating U.S.-China tensions had prompted American politicians to warn that the app posed a potential national security threat and call for an investigation into whether U.S. user data was being shared with Beijing, accusations that ByteDance has repeatedly rejected.
(Related) Does this make TikTok significantly less valuable?
Instagram Reels launches globally in over 50 countries, including US
Instagram Reels, the company’s significant effort in challenging TikTok on short-form creative content, is launching globally, starting today. The feature is being made available across 50 countries, including the U.S., as TechCrunch had previously reported.
Another tool to automate lawyering?
https://www.theindianalawyer.com/articles/a-brave-new-chapter-ai-tackles-legal-writing
A brave new chapter: AI tackles legal writing
A well-written opinion or brief can change the course of legal thought, but while other parts of the practice of law have been upended by technology, the physical act of writing remains pretty much a job done by humans.
However, new artificial intelligence software being rolled out by Keesal Propulsion Labs, a tech startup hatched at the California law firm of Keesal, Young & Logan, appears poised to rewrite the definition of writing. The GPT-3 program draws upon 175 billion parameters to craft an array of written works from songs and poetry to court filings that the tech world is praising as being equal in quality to that produced by human beings.
… The technology available today helps with the fundamentals of drafting a sentence. A 2019 blog post from the litigation support services company OneLegal underscored this trend by highlighting the Top 10 legal writing tools that, it said, “will simplify your life (and improve your writing).”
Grammarly, the online tool that spots grammatical errors, topped the list. Other computer programs included BriefCatch, specifically designed for legal editing; Hemingway Editor, touted as making “your writing bold and clear”; and PerfectIt paired with the American Legal Style function, which uses “13,000 legal-specific checks” to proofread transactional and litigation documents.
However, GPT-3 goes beyond highlighting a problem in the text and suggesting a correction. This program actually writes the document.
Perspective. Cloud businesses need an anchor in real estate.
https://www.nytimes.com/2020/08/03/nyregion/facebook-nyc-office-farley-building.html
Facebook Bets Big on Future of N.Y.C., and Offices, With New Lease
Facebook on Monday agreed to lease all the office space in the mammoth 107-year-old James A. Farley Building in Midtown Manhattan, cementing New York City as a growing global technology hub and reaffirming a major corporation’s commitment to an office-centric urban culture despite the pandemic.
With the 730,000-square-foot lease, Facebook has acquired more than 2.2 million square feet of office space in the city for thousands of employees in less than a year, all of it on Manhattan’s West Side between Pennsylvania Station and the Hudson River.
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