Skip to main content

Are Elites Meritocratic and Efficiency-Seeking? Evidence from MBA Students

3 weeks 5 days ago
Abstract of a paper on pre-print server Arxiv: Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences -- key determinants of support for redistributive policies. We investigate these preferences in an incentivized lab experiment with a group of future elites -- Ivy League MBA students. We find that MBA students implement substantially more unequal earnings distributions than the average American, regardless of whether inequality stems from luck or merit. Their redistributive choices are also highly responsive to efficiency costs, with an effect that is an order of magnitude larger than that found in representative U.S. samples. Analyzing fairness ideals, we find that MBA students are less likely to be strict meritocrats than the broader population. These findings provide novel insights into how elites' redistributive preferences may shape high levels of inequality in the U.S.

Read more of this story at Slashdot.

msmash

DHS Has Been Collecting US Citizens' DNA for Years

3 weeks 5 days ago
Customs and Border Protection collected DNA from nearly 2,000 US citizens between 2020 and 2024 and sent the samples to the FBI's CODIS crime database, according to Georgetown Law's Center on Privacy & Technology analysis of newly released government data. The collection included approximately 95 minors, some as young as 14, and travelers never charged with crimes. Congress never authorized DNA collection from citizens, children or civil detainees. DHS has contributed 2.6 million profiles to CODIS since 2020, with 97% collected under civil rather than criminal authority. The expansion followed a 2020 Justice Department rule that revoked DHS's waiver from DNA collection requirements. Former FBI director Christopher Wray testified in 2023 that monthly DNA submissions jumped from a few thousand to 92,000, creating a backlog of 650,000 unprocessed kits. Georgetown researchers project DHS could account for one-third of CODIS by 2034. The DHS Inspector General found in 2021 that the department lacked central oversight of DNA collection.

Read more of this story at Slashdot.

msmash

U.S. News Rankings Are Out After a Tumultuous Year for Colleges

3 weeks 5 days ago
An anonymous reader shares a report: Battered by funding cuts, bombarded by the White House and braced for demographic changes set to send enrollment into a nosedive, America's colleges and universities have spent this year in flux. But one of higher education's rituals resurfaced again on Tuesday, when U.S. News & World Report published the college rankings that many administrators obsessively track and routinely malign. And, at least in the judgment of U.S. News, all of the headline-making upheaval has so far led to ... well, a lot of stability. Princeton University, the Massachusetts Institute of Technology and Harvard University retained the top three spots in the publisher's rankings of national universities. Stanford University kept its place at No. 4, though Yale University also joined it there. Williams College remained U.S. News's pick for the best national liberal arts college, just as Spelman College was again the top-ranked historically Black institution. In one notable change, the University of California, Berkeley, was deemed the country's top public university. But it simply switched places with its counterpart in Los Angeles.

Read more of this story at Slashdot.

msmash

US Secret Service 'Dismantles Telecommunications Threat'

3 weeks 5 days ago
mrspoonsi writes: The US Secret Service says it has dismantled a network of more than 300 SIM servers and 100,000 SIM cards in the New York area that were capable of crippling telecom systems. The devices were "concentrated within 35 miles of the global meeting of the UN General Assembly now under way in New York City" and an investigation has been launched, it adds in a press statement. The Secret Service says the dangers posed included "disabling cell phone towers, enabling denial of services attacks, and facilitating anonymous, encrypted communication between potential threat actors and criminal enterprises."

Read more of this story at Slashdot.

msmash

AI-Generated 'Workslop' Is Destroying Productivity

3 weeks 5 days ago
40% of U.S. employees have received "workslop" -- AI-generated content that appears polished but lacks substance -- in the past month, according to research from BetterUp Labs and Stanford Social Media Lab. The survey of 1,150 full-time workers found recipients spend an average of one hour and 56 minutes addressing each incident of workslop, costing organizations an estimated $186 per employee monthly. For a 10,000-person company, lost productivity totals over $9 million annually. Professional services and technology sectors are disproportionately affected. Workers report that 15.4% of received content qualifies as workslop. The phenomenon occurs primarily between peers at 40%, though 18% flows from direct reports to managers and 16% moves down the hierarchy. Beyond financial costs, workslop damages workplace relationships -- half of recipients view senders as less creative, capable, and reliable, while 42% see them as less trustworthy.

Read more of this story at Slashdot.

msmash

An $800 Billion Revenue Shortfall Threatens AI Future, Bain Says

3 weeks 5 days ago
AI companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centers, but they have been slower to show how they will pull in revenue to cover all those expenses. Now, the consulting firm Bain & Co. is estimating the shortfall could be far larger than previously understood. Bloomberg: By 2030, AI companies will need $2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its annual Global Technology Report released Tuesday. Yet their revenue is likely to fall $800 billion short of that mark as efforts to monetize services like ChatGPT trail the spending requirements for data centers and related infrastructure, Bain predicted. The report is set to raise further questions about the AI industry's valuations and business model. The increasing popularity of services such as OpenAI's ChatGPT and Google's Gemini, as well as AI efforts by companies across the planet, means demand for computing capacity and energy is rising at a rapid clip. But the savings provided by AI and companies' ability to generate additional revenue from AI is lagging behind that pace.

Read more of this story at Slashdot.

msmash

MediaTek Launches Improved AI Processor To Compete With Qualcomm

3 weeks 5 days ago
An anonymous reader quotes a report from Bloomberg: MediaTek is launching a mobile processor more capable of handling agentic AI tasks on devices, positioning to better compete with Qualcomm. The new Dimensity 9500 will provide users with better summaries of calls and meetings, improved output from AI models and superior 4K photos, the Taiwanese company said in a statement. The chip is made using an advanced 3-nanometer process by Taiwan Semiconductor Manufacturing Co., according to MediaTek, and handsets carrying the new chip will become available in the fourth quarter. Xiaomi is set to launch its latest handset range powered by Qualcomm's newest Snapdragon processor later this week, and the Chinese smartphone maker is aiming to benchmark its upcoming devices against Apple Inc.'s iPhone 17. MediaTek's processor, meanwhile, is expected to give Xiaomi's rivals including Vivo a boost in the premium segment. [...] Separately, the Taiwanese company is preparing to place chip orders for automotive and more sensitive applications with TSMC's Arizona plant as some US customers have security concerns, according to the executives.

Read more of this story at Slashdot.

BeauHD

Tiny New Lenses, Smaller Than a Hair, Could Transform Phone and Drone Cameras

3 weeks 5 days ago
alternative_right shares a report from ScienceDaily: Scientists have developed a new multi-layered metalens design that could revolutionize portable optics in devices like phones, drones, and satellites. By stacking metamaterial layers instead of relying on a single one, the team overcame fundamental limits in focusing multiple wavelengths of light. Their algorithm-driven approach produced intricate nanostructures shaped like clovers, propellers, and squares, enabling improved performance, scalability, and polarization independence. [...] Mr Joshua Jordaan, from the Research School of Physics at the Australian National University and the ARC Centre of Excellence for Transformative Meta-Optical Systems (TMOS), said the ability to make metalenses to collect a lot of light will be a boon for future portable imaging systems. "The metalenses we have designed would be ideal for drones or earth-observation satellites, as we've tried to make them as small and light as possible," he said. The findings have been published in the journal Optics Express.

Read more of this story at Slashdot.

BeauHD

NASA Introduces 10 New Astronaut Candidates

3 weeks 5 days ago
NASA has unveiled 10 new astronaut candidates drawn from over 8,000 applicants. The diverse group includes four men and six women -- pilots, scientists, and medical professionals -- who will train for future missions to the ISS, the moon, and eventually Mars. CBS News reports: This is NASA's first astronaut class with more women than men. It includes six pilots with experience in high-performance aircraft, a biomedical engineer, an anesthesiologist, a geologist and a former SpaceX launch director. Among the new astronaut candidates is 39-year-old Anna Menon, a mother of two who flew to orbit in 2024 aboard a SpaceX Crew Dragon as a private astronaut on a commercial, non-NASA flight. [...] The other members of the 2025 astronaut class are: - Army Chief Warrant Officer 3 Ben Bailey, 38, a graduate of the Naval Test Pilot School with more than 2,000 hours flying more than 30 different aircraft, including recent work with UH-60 Black Hawk and CH-47F Chinook helicopters. - Lauren Edgar, 40, who holds a Ph.D. in geology from the California Institute of Technology, with experience supporting NASA's Mars exploration rovers and, more recently, serving as a deputy principal investigator with NASA's Artemis 3 moon landing mission. - Air Force Maj. Adam Fuhrmann, 35, an Air Force Test Pilot School graduate with more than 2,100 hours flying F-16 and F-35 jets. He holds a master's degree in flight test engineering. - Air Force Maj. Cameron Jones, 35, another graduate of Air Force Test Pilot School as well as the Air Force Weapons School with more than 1,600 hours flying high-performance aircraft, spending most of his time flying the F-22 Raptor. - Yuri Kubo, 40, a former SpaceX launch director with a master's in electrical and computer engineering who also competed in ultimate frisbee contests. - Rebecca Lawler, 38, a former Navy P-3 Orion pilot and experimental test pilot with more than 2,800 hours of flight time, including stints flying a NOAA hurricane hunter aircraft. She was a Naval Academy graduate and was a test pilot for United Airlines at the time of her selection. - Imelda Muller, 34, a former undersea medical officer for the Navy with a medical degree from the University of Vermont's Robert Larner College of Medicine; she was completing her residency in anesthesia at Johns Hopkins University School of Medicine in Baltimore at the time of her astronaut selection. - Navy Lt. Cmdr. Erin Overcash, 34, a Naval Test Pilot School graduate and an experienced F/A-18 and F/A-18F Super Hornet pilot with 249 aircraft carrier landings. She also trained with the USA Rugby Women's National Team. - Katherine Spies, 43, a former Marine Corps AH-1 attack helicopter pilot and a graduate of the Naval Test Pilot School with more than 2,000 hours flying time. She was director of flight test engineering for Gulfstream Aerospace Corp. at the time of her astronaut selection.

Read more of this story at Slashdot.

BeauHD

MI6 Launches Dark Web Portal To Attract Spies In Russia

3 weeks 5 days ago
An anonymous reader quotes a report from Reuters: A new dark web portal to recruit spies for the UK was launched last Friday (19th September), as the UK steps up its commitment to national security. Harnessing the anonymity of the dark web for the first time, MI6's new secure messaging platform -- Silent Courier -- enables anyone, anywhere in the world with access to sensitive information relating to terrorism or hostile intelligence activity to securely contact the UK and offer their services. Instructions on how to access the portal will be publicly available on MI6's verified YouTube channel as the UK reaches out to potential new agents in Russia and around the world. MI6 advises individuals accessing its portal to use trustworthy VPNs and devices not linked to themselves, to mitigate risks which exist in some countries. The announcement was made by the outgoing Chief of MI6, Sir Richard Moore, in Istanbul where he stated that the platform will make it easier for MI6 to recruit agents online. As MI6 establishes its official presence on the dark web to reach new recruits and tackle hostile actors seeking to undermine UK security, Sir Richard said that the UK's intelligence services are "critical to calibrating risk and informing decisions" in navigating threats from hostile actors -- making platforms like these even more important in keeping our country safe. Sir Richard said: "Today we're asking those with sensitive information on global instability, international terrorism or hostile state intelligence activity to contact MI6 securely online. Our virtual door is open to you." Foreign Secretary Yvette Cooper said: "National security is the first duty of any government and the bedrock of the Prime Minister's Plan for Change. As the world changes, and the threats we're facing multiply, we must ensure the UK is always one step ahead of our adversaries. Our world class intelligence agencies are at the coalface of this challenge, working behind the scenes to keep British people safe. Now we're bolstering their efforts with cutting-edge tech so MI6 can recruit new spies for the UK - in Russia and around the world."

Read more of this story at Slashdot.

BeauHD

China Launches Stealth Jet From Electromagnetic Catapult Aircraft Carrier

3 weeks 5 days ago
Longtime Slashdot reader hackingbear writes: The Chinese People's Liberation Army Navy (PLAN) has demonstrated its ability to launch and recover aircraft from its first electromagnetic catapult-equipped aircraft carrier, the CNS Fujian. Official imagery released by the PLAN today confirms that the new J-35 naval stealth fighters, KJ-600 airborne early warning and control aircraft, and J-15T fighter jet are carrying out carrier trials. Ben Lewis, a co-founder of PLATracker, told USNI News that the test was a "significant milestone" for the Chinese military's carrier program. "Once operational, the PLAN will have the capacity to field fifth-generation stealth carrier aircraft, supported by fixed-wing carrier-based airborne early warning and command aircraft, across the first island chain and Western Pacific Ocean," Lewis said. Electromagnetic catapults offer several advantages, not least the fact that they can be more finely tuned to very different aircraft types, including ones that are larger and slower (like the KJ-600), or which are smaller and lighter, such as smaller drones. In contrast to the U.S. Navy, which gathered decades of experience with steam-powered catapults, China opted for electromagnetic ones for its first catapult-equipped carrier. It's worth noting that the U.S. Navy's USS Gerald R. Ford was the first carrier ever to get an aircraft into the air using what is also referred to as an electromagnetic aircraft launch system (EMALS). However, it has not launched an F-35C so far, making the J-35 the first stealth jet to achieve this feat. Based on earlier predictions, the F-35C may not do the same for some years.

Read more of this story at Slashdot.

BeauHD

Supreme Court Allows Trump to Fire Remaining Democrat On FTC

3 weeks 5 days ago
The Supreme Court has temporarily allowed President Trump to fire Rebecca Slaughter, the last Democrat on the FTC. "The court's action is technically temporary, since the justices said they will hear arguments in the case in December, but every indication is that the conservative court majority will use the case to reverse a major Supreme Court precedent that dates back almost a century," reports NPR. From the report: Congress created the FTC and lots of other agencies to be multi-member, bipartisan regulatory agencies. And the Supreme Court in 1935 upheld those statutes ruling ruled against then-President Franklin D. Roosevelt's claim that he could fire FTC commissioners at will. In a unanimous opinion at the time, the court said Congress acted within its powers in declaring that a commissioner could only be fired for misconduct -- not for a policy disagreement. But now, prodded by President Trump, the court's six-member conservative majority seems poised to remake the way independent agencies operate. And if the handwriting on the wall is as clear as it seems to be, the independent agencies won't be independent. Their membership will be subject to the will of the president. The court's action Monday was hardly subtle. While the lower courts had ruled that the president could not fire Slaughter, under the court's 1935 precedent, the conservative Supreme Court majority allowed the president to fire her. Indeed, her name isn't even on the FTC website anymore. And the court so far has allowed Trump to fire other agency board members. In short, the justices are not playing hide-the-ball. And it's a good bet that the court will reverse the 1935 precedent, which until now had been reaffirmed multiple times. The result will be that whereas in the past, these agencies had to be bipartisan, with a minority of opposition party members, now there will be no such requirement. In short, Trump can name all the agency members. And if his successor is a Democrat, he or she can fire all the Republicans.

Read more of this story at Slashdot.

BeauHD

The Moon is Rusting - Thanks To 'Wind' Blown All the Way From Earth

3 weeks 5 days ago
The Moon is rusting -- and it's Earth's fault. Nature: Scientists have found that oxygen particles blown from Earth to the Moon can turn lunar minerals into hematite, also known as rust. The discovery adds to researchers' growing understanding of the deep interconnection between Earth and the Moon -- and shows how the Moon keeps a geological record of those interactions, says Ziliang Jin, a planetary scientist at Macau University of Science and Technology in China. He and his colleagues reported their findings earlier this month in Geophysical Research Letters. Most of the time, both Earth and the Moon are bathed in a stream of charged particles emanating from the Sun. But for around five days each month, Earth passes between the Sun and the Moon, blocking most of the flood of solar particles. During that time, the Moon is exposed mainly to particles that had been part of Earth's atmosphere before blowing into space -- a phenomenon known as Earth wind. That wind contains ions of various elements, including hydrogen, oxygen and nitrogen. When those charged particles hit the Moon, they can implant themselves into the upper layers of lunar soil and trigger chemical reactions.

Read more of this story at Slashdot.

msmash

Google's Gemini AI Is Coming To Your TV

3 weeks 5 days ago
Google is rolling out its Gemini AI assistant to Google TV, bringing conversational AI to over 300 million devices. Users will be able to ask Gemini for help with TV recommendations, show recaps, reviews, or even general tasks like homework help, vacation planning, or learning new skills. TechCrunch reports: The company stresses that Gemini's addition doesn't mean that you won't be able to do the same things you used to be able to do through the (non-AI) Google Assistant integration. Those commands will still work, says Google. The Gemini rollout to Google TV begins on the TCL QM9K series starting today. Later in the year, Gemini will arrive on the Google TV Streamer, Walmart onn 4K Pro, 2025 Hisense U7, U8, and UX models, and 2025 TCL QM7K, QM8K, and X11K models. More functionality will be added over time.

Read more of this story at Slashdot.

BeauHD

iFixit Tears Down the iPhone Air, Finds That It's Mostly Battery

3 weeks 5 days ago
iFixit's teardown of Apple's iPhone Air reveals a device dominated by its battery, which occupies approximately two-thirds of the internal space while critical components including the logic board cluster at the top. The battery matches the component used in Apple's iPhone Air MagSafe battery pack and can be swapped between devices. The top-heavy component layout addresses the bendgate vulnerability that damaged logic boards in previous thin iPhone models when pressure was applied to the device's middle section. Despite the iPhone Air's thinner profile, iFixit awarded it a 7 out of 10 repairability score, citing reduced component layering that provides more direct access to the USB-C connector, battery, and other serviceable parts compared to standard iPhone models. The dual-entry system further contributes to the device's serviceability.

Read more of this story at Slashdot.

msmash

Top Economists Agree That Gen Z's Hiring Nightmare Is Real

3 weeks 5 days ago
An anonymous reader quotes a report from Fortune: The dramatic rise in unemployment among Americans under 25 -- especially recent graduates -- has become one of the most troubling economic headlines of 2025. Recent insights from economists, central bankers, and labor market analysts signal that this appears to be a uniquely American challenge, underpinned by a "no hire, no fire" economy rather than solely by the rapid ascent of artificial intelligence. For many Gen Z workers, the struggle to land a job can feel isolating and fuel self-doubt. But that frustration recently got some high-level validation: Federal Reserve Chair Jerome Powell echoed economists' concerns about the cooling labor market, telling reporters at his regular press conference following the Federal Open Market Committee that it's an "interesting labor market" right now, adding that "kids coming out of college and younger people, minorities, are having a hard time finding jobs." Noting a low job finding rate, along with a low redundancy rate, he said, "you've got a low firing, low hiring environment." and noting that it's harder than ever for young jobseekers to break in. While recent months have been dubbed by Deutsche Bank "the summer AI turned ugly," and some major studies find AI adoption disrupting some entry-level roles, Powell was less sure. AI "may be part of the story," but he insisted the main drivers are a broadly slowed economy and hiring restraint. Top economists at Goldman Sachs and UBS tackled the subject soon after and found Powell to be mostly on the money. This isn't an AI story, at least not yet. "The U.S. labor market experience is peculiar," said Paul Donovan, UBS Chief Economist. "Young Euro area workers have a record low unemployment rate. In the UK, the young persons' unemployment rate has fallen steadily. Employment participation by young Japanese workers is near all-time highs. It seems highly implausible that AI uniquely hurts the employment prospects of younger US workers." "It might be tempting to blame technology... Machines, robots, or computers replacing humans is an ever-popular dystopian scenario." Donovan concludes that the U.S. pattern "more convincingly fits a broader hiring freeze narrative, affecting new entrants to the workforce." Goldman Sachs economist Pierfrancesco Mei said last Thursday that "finding a job takes longer in a low-turnover labor market." He argued that "job reallocation," or the pace at which new jobs are created and existing ones destroyed, has been on the decline since the late 1990s... "almost all the variation in turnover since the Great Recession mostly falls on younger workers" and is taking place as "churn." Goldman found that in 2019, it took a young unemployed worker about 10 weeks to find a new job in a low-churn state; now that's 12 weeks on average.

Read more of this story at Slashdot.

BeauHD

LinkedIn Set To Start To Train Its AI on Member Profiles

3 weeks 5 days ago
LinkedIn has said it will start using some member profiles, posts, resumes and public activity to train its AI models from November 3, 2025. From a report: Users are rightly frustrated with the change, with the biggest concern isn't the business networking platform will do so, but that it's set to be enabled by default, with users instead having to actively opt out. Users can choose to opt out via the 'data for generative AI improvement' setting, however it will only apply to data collected after they opt out, with data up until that point still retained within the training environment.

Read more of this story at Slashdot.

msmash

Meta's AI System Llama Approved For Use By US Government Agencies

3 weeks 5 days ago
The U.S. General Services Administration has approved Meta's AI system Llama for use by federal agencies, declaring that it meets government security and legal standards. Reuters reports: "It's not about currying favor," [said Josh Gruenbaum, the GSA's procurement lead, when asked whether tech executives are giving the government discounts to get President Donald Trump's approval]. "It's about that recognition of how do we all lock in arms and make this country the best country it could possibly be." Federal agencies will be able to deploy the tool to speed up contract review or more quickly solve information technology hiccups, among other tasks, he said.

Read more of this story at Slashdot.

BeauHD

TikTok Algorithm To Be Retrained On US User Data Under Trump Deal

3 weeks 5 days ago
The Trump administration has struck a deal requiring TikTok's algorithm to be copied, retrained, and operated in the U.S. using only U.S. user data, with Oracle auditing the system and U.S. investors forming a joint venture to oversee it. The BBC reports: It comes after President Donald Trump said a deal to prevent the app's ban in the US, unless sold by its Chinese parent company ByteDance, had been reached with China's approval. White House officials claim the deal will be a win for the app's US users and citizens. President Trump is expected to sign an executive order later this week on the proposed deal, which will set out how it will comply with US national security demands. The order will also outline a 120-day pause to the enforcement deadline to allow the deal to close. It is unclear whether the Chinese government has approved this agreement, or begun to take regulatory steps required to deliver it. However, the White House appears confident it has secured China's approval. Data belonging to the 170m users TikTok says it has in the US is already held on Oracle servers, under an existing arrangement called Project Texas. It saw US user data siphoned off due to concerns it could fall into the hands of the Chinese government. A senior White House official said that under President Trump's deal, the company would take on a comprehensive role in securing the entirety of the app for American users. They said this would include auditing and inspecting the source code and recommendation system underpinning the app, and rebuilding it for US users using only US user data.

Read more of this story at Slashdot.

BeauHD

California Issues Historic Fine Over Lawyer's ChatGPT Fabrications

3 weeks 5 days ago
An anonymous reader quotes a report from CalMatters: A California attorney must pay a $10,000 fine for filing a state court appeal full of fake quotations generated by the artificial intelligence tool ChatGPT. The fine appears to be the largest issued over AI fabrications by a California court and came with a blistering opinion (PDF) stating that 21 of 23 quotes from cases cited in the attorney's opening brief were made up. It also noted that numerous out-of-state and federal courts have confronted attorneys for citing fake legal authority. "We therefore publish this opinion as a warning," it continued. "Simply stated, no brief, pleading, motion, or any other paper filed in any court should contain any citations -- whether provided by generative AI or any other source -- that the attorney responsible for submitting the pleading has not personally read and verified." The opinion, issued 10 days ago in California's 2nd District Court of Appeal, is a clear example of why the state's legal authorities are scrambling to regulate the use of AI in the judiciary. The state's Judicial Council two weeks ago issued guidelines requiring judges and court staff to either ban generative AI or adopt a generative AI use policy by Dec. 15. Meanwhile, the California Bar Association is considering whether to strengthen its code of conduct to account for various forms of AI following a request by the California Supreme Court last month. The Los Angeles-area attorney fined last week, Amir Mostafavi, told the court that he did not read text generated by the AI model before submitting the appeal in July 2023, months after OpenAI marketed ChatGPT as capable of passing the bar exam. A three-judge panel fined him for filing a frivolous appeal, violating court rules, citing fake cases, and wasting the court's time and the taxpayers money, according to the opinion. Mostafavi told CalMatters he wrote the appeal and then used ChatGPT to try and improve it. He said that he didn't know it would add case citations or make things up.

Read more of this story at Slashdot.

BeauHD
Checked
1 hour 50 minutes ago
Slashdot
News for nerds, stuff that matters
Subscribe to Slashdot feed