Snippings

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“Essentially, we can think of it as reputation as currency. And when you think about how we operate in real life, we have a reputation, and that reputation can give us opportunities… eventually your reputation onchain could lead to opportunities that are more meaningful, like a new job or some other prospect. And that might come about as people want to come to you because you have a reputation that’s perceived as having some form of value.”

From: ‘Reputation is currency’: Animoca Brands’ Yat Siu on the future of our digital identities | NT News.

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Wimbledon will replace all 300 line judges with artificial intelligence and an electronic system from next year, removing human officials for the first time in the championship’s 147-year history.

The All England Club has confirmed all 18 match courts will be installed with automated electronic line calling (ELC).

From: Wimbledon: All England club to replace all 300 line judges after 147 years with electronic system next year | Tennis News | Sky Sports.

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The journalist Parker Molloy compiled screenshots of people “acknowledging that this image is AI but still insisting that it’s real on some deeper level”—proof, Molloy noted, that we’re “living in the post-reality.”

From: I’m Running Out of Ways to Explain How Bad This Is – The Atlantic.

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A new report from FIS argues that the current shift to instant payments – set to total more than one in three transactions by 2030 – represents the start of a second digital finance revolution which will see both retail and corporate customers enjoy faster, safer and more personalised financial services.

From: Instant payments to herald a second digital finance revolution.

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A hacker has targeted a website that lets users create their own “uncensored” AI-powered sexual partners and stolen a massive database of users’ interactions with their chatbots.

The data, taken from a site called Muah.ai and viewed by 404 Media, includes chatbot prompts that reveal users’ sexual fantasies. In many instances, users are trying to create chatbots that roleplay child sexual abuse scenarios. These prompts are in turn linked to email addresses, many of which appear to be personal accounts with users’ real names.

From: Hacked ‘AI Girlfriend’ Data Shows Prompts Describing Child Sexual Abuse.

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A hacker has targeted a website that lets users create their own “uncensored” AI-powered sexual partners and stolen a massive database of users’ interactions with their chatbots.

The data, taken from a site called Muah.ai and viewed by 404 Media, includes chatbot prompts that reveal users’ sexual fantasies. In many instances, users are trying to create chatbots that roleplay child sexual abuse scenarios. These prompts are in turn linked to email addresses, many of which appear to be personal accounts with users’ real names.

From: Hacked ‘AI Girlfriend’ Data Shows Prompts Describing Child Sexual Abuse.

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teenager has been jailed for 15 years after killing a 16-year-old boy with a knife he bought online with his friend’s father ID.

From: Boy, 17, is jailed for 15 years for murdering 16-year-old lad in cold blood with deadly blade he bought online with friend’s father’s ID | Daily Mail Online.

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AI improves performance more for people with low baseline ability. However, holding ability constant, AI assistance is more valuable for people who are calibrated, meaning they have accurate beliefs about their own ability. People who know they have low ability gain the most from working with AI. In a counterfactual analysis, we show that eliminating miscalibration would cause AI to reduce performance inequality nearly twice as much as it already does.

From: Who benefits from working with AI? – Marginal REVOLUTION.

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Motorola-owned DRN sells multiple license-plate-recognition cameras: a fixed camera that can be placed near roads, identify a vehicle’s make and model, and capture images of vehicles traveling up to 150 mph; a “quick deploy” camera that can be attached to buildings and monitor vehicles at properties; and mobile cameras that can be placed on dashboards or be mounted to vehicles and capture images when they are driven around.

Over more than a decade, DRN has amassed more than 15 billion “vehicle sightings” across the United States, and it claims in its marketing materials that it amasses more than 250 million sightings per month.

From: License Plate Readers Are Creating a US-Wide Database of More Than Just Cars | WIRED.

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One idea floated in the current presidential race is temporarily imposing price controls on credit card rates, limiting them to 10%. While this may seem appealing to consumers living in a world where the average credit card interest rate is 22.76%, such price controls could have a potentially adverse—and possibly catastrophic—impact on the U.S. credit card market.

From: The Folly of Capping Credit Card Interest Rates – PaymentsJournal.

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