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Thou shalt not let AI run amok: Vatican wants global rules

2 weeks 4 days ago
'AI is a tool', Pope tells attendees

Recently, Salesforce CEO Marc Benioff warned investors to avoid the "false prophets" of AI. Now, the Pope has brought real theological weight to the bot debate, hosting a Vatican seminar that called for global AI regulation and fair distribution of the technology's benefits.…

Joe Fay

American Airlines subsidiary Envoy caught in Clop's Oracle EBS raid

2 weeks 4 days ago
Not a good week for Big Red

Envoy Air, an American Airlines subsidiary, has confirmed that it was among the dozens of organizations compromised via Oracle E-Business Suite (EBS) security flaws, following claims by Clop extortionists that its parent company was one of its victims.…

Jessica Lyons

Instant Coffee Beats Drip in Blind Taste Tests

2 weeks 4 days ago
Instant coffee beat drip coffee in blind taste tests conducted by researchers at the Drexel Food Lab. Jonathan Deutsch and Rachel Sherman tested 84 participants across two rounds of tastings for The Guardian's Filter US newsletter. They first narrowed 24 instant coffee varieties to the best options. Those finalists then competed against drip coffees in a second test. 77% of participants preferred instant coffee over drip. The top-performing instant coffee was not from premium third-wave brands but a common grocery store variety. Deutsch compared the result to iconic products like Heinz ketchup and Reese's Peanut Butter Cups. Upscale interpretations of certain classic items often fail to surpass the originals, he said.

Read more of this story at Slashdot.

msmash

New York Bans AI-Enabled Rent Price Fixing

2 weeks 4 days ago
New York Gov. Kathy Hochul has signed into law legislation banning the use of price-fixing software by landlords to set rental rates. From a report: New York is the first state to outlaw algorithmic pricing by landlords, following a number of city-wide bans in Jersey City, Philadelphia, San Francisco, and Seattle. Software companies such as RealPage offer landlords algorithms that can set rental prices. The software can also help determine the ideal number of people to live in a unit or the terms of a lease renewal. RealPage says it can help its clients "optimize rents to achieve the overall highest yield, or combination of rent and occupancy, at each property." But the "private data algorithms" advertised by these software companies, Hochul says, cause the "housing market distortion" that harms renters "during a historic housing supply and affordability crisis." Not only does the law outlaw setting rental terms with the software, it also says that any property owners who use the software will be considered colluding. In other words, two or more rental property owners or managers who set rents with an algorithm are, in practice, choosing to not compete with each other, whether they do so "knowingly or with reckless disregard," the law says. This is a distinct violation from simply using the software itself.

Read more of this story at Slashdot.

msmash