AI, Apple, and Antitrust: The Latest in Tech News from OWITH.ai

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Apple has announced the release of the iPhone 16, featuring advanced AI capabilities such as AI photo editing tools and generative AI writing aids. The success of the iPhone 16 sales will indicate consumer adoption of AI technology. Despite the dominance of tech giants like Google and Microsoft in the AI space, OpenAI is making strides with support from big tech companies. Regulators are starting to address concerns about monopolies and lack of innovation in the tech industry. Countries are signing agreements to ensure responsible AI development, and researchers are exploring alternatives to large GPU clusters for training AI models. The text discusses the rapid growth and importance of AI technology in various industries, as well as the environmental impact of large data centers supporting AI applications.Apple and Google recently lost two legal cases that will cost them billions. Apple was ordered to pay Ireland $14.4 billion in back taxes after the European Union found that Ireland had granted the company a sweetheart tax deal. The court of justice of the EU upheld this ruling, as well as a $2.4 billion fine imposed on Google in 2017 for favoring its own comparison shopping service in search results. Both tech giants expressed disappointment in the decisions, while EU antitrust commissioner Margrethe Vestager celebrated the victories. Vestager, known as the "tax lady," is set to step down from her position, with her combative approach being vindicated in both cases. Additionally, other news highlighted in the email includes Huawei unveiling a tri-fold phone, AMD shifting focus to AI chips, and Oracle's share price rising due to its thriving cloud business. The email also touches on Russia's increased internet censorship efforts and the growing dominance of online platforms as a news source in the UK.In tonight's debate, it is important to pay attention to what the candidates have to say about AI policy, as it is likely to have a significant impact on various aspects of society in the coming years. Issues such as fraud, disinformation, market manipulation, covert racism in AI, and nonconsensual deep fake porn should be addressed by the candidates. However, it is unlikely that either candidate will focus much on AI policy or make commitments to mitigate its potential harms. It is crucial for voters to demand clarity and action on AI policy from political candidates to ensure a better future for all. Gary Marcus, author of "Taming Silicon Valley," emphasizes the importance of demanding better policies around AI and why it is essential for citizens to be informed and involved in shaping the future. Failure to address AI policy could have long-term consequences, and it is up to voters to hold candidates accountable for addressing this critical issue.The text discusses Apple's transition from a hardware company to a services company, focusing on the release of the iPhone 16 and iPhone 16 Pro as an indicator of this shift. The author notes that Apple is concentrating on increasing its install base and services revenue rather than just product sales, reflecting a move towards software-driven differentiation. Despite this, Apple's hardware remains high quality, with continued innovation in privacy and health features. The text highlights the importance of services revenue for Apple's overall profit, suggesting a fundamental shift in its business model. This shift reflects the changing landscape of technology and consumer preferences, where companies must adapt to stay competitive.The email discusses the upcoming debate between Vice President Kamala Harris and former President Donald Trump, highlighting the impo

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