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Seven. Hundred. Dollars. After a year of asking questions about this much-hyped AI wearable, the Humane AI Pin is here, and, well, we still have lots of questions. Were also still trying to figure out how it all works and where it goes from here.

On this episode of The Vergecast, we dive deep into our review of the AI Pin and try to figure out what went wrong with this device and whether theres a real future for it or any other AI-powered gadget. The trouble, we discover, is that these devices are stacking new technology on top of new technology, and until it all works perfectly, none of it will work very well. Also, did we mention the AI Pin is seven hundred dollars?

After that, we talk about the growing rift between OpenAI and the rest of the internet after some very good reporting showed how many millions of YouTube videos the company transcribed and used to train its models. We also talk about how Taylor Swifts music came back to TikTok and whether there might be more to come.

Finally, we get a remarkably on-brand set of news in the lightning round, including E Ink screens, content regulation, and photo sharing. Sony also made a new party speaker, so of course, we spend an unreasonably long time on the party speaker. You have to look at those photos.

If you want to know more about everything we discuss in this episode, here are a few links to get you started, beginning with Humane:

And in the lightning round:

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Humane AI Pin review and OpenAIs YouTube project - The Verge

Pulling all-nighters to assemble PowerPoint presentations. Punching numbers into Excel spreadsheets. Finessing the language on esoteric financial documents that may never be read by another soul.

Such grunt work has long been a rite of passage in investment banking, an industry at the top of the corporate pyramid that lures thousands of young people every year with the promise of prestige and pay.

Until now. Generative artificial intelligence the technology upending many industries with its ability to produce and crunch new data has landed on Wall Street. And investment banks, long inured to cultural change, are rapidly turning into Exhibit A on how the new technology could not only supplement but supplant entire ranks of workers.

The jobs most immediately at risk are those performed by analysts at the bottom rung of the investment banking business, who put in endless hours to learn the building blocks of corporate finance, including the intricacies of mergers, public offerings and bond deals. Now, A.I. can do much of that work speedily and with considerably less whining.

The structure of these jobs has remained largely unchanged at least for a decade, said Julia Dhar, head of BCGs Behavioral Science Lab and a consultant to major banks experimenting with A.I. The inevitable question, as she put it, is do you need fewer analysts?

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AI Is Poised to Replace the Entry-Level Grunt Work of a Wall Street Career - The New York Times

Wall Street is getting very bullish on copper, despite the metal's recent rallies . The rallies have been fueled by supply risks and rising demand for it amid the energy transition and the artificial intelligence boom. Copper is used in data centers for power cables, electrical connectors, power strips and more, Jefferies noted in an April 10 note. It estimates that global copper demand by data centers will increase from 239 kt (thousand tons) in 2023 to at least 450 kt per annum in 2030. "Our analysis shows that this potential demand growth will exacerbate an underlying copper market deficit, ultimately leading to higher prices," Jefferies analysts wrote. Data centers house vast amounts of computing power needed for AI workloads, and that need is set to grow as many tech companies are rapidly developing infrastructure for artificial intelligence. Large language models require a lot of data center capacity. In a recent note, Morgan Stanley predicted that the price of the metal will reach $10,500 per ton by the fourth quarter of this year representing around 12% upside. "Hopes for GenAI / data centre copper demand growth are adding to investor bullishness on copper, against a backdrop of constrained supply," it wrote. Demand for copper is also widely considered an indicator of economic health. The metal has a wide range of applications throughout construction and industry. It's also a critical component in electric vehicles, used in batteries, wiring, charging points and more. For those looking to buy into the sector, CNBC Pro screened for stocks in theGlobal X Copper Miners ETF. The following stocks have buy ratings from 50% or more of analysts covering them, average price target upside of 10% or more, and are covered by at least five analysts. Canadian firm Solaris Resources stood out for having more than 200% potential upside the highest in the list and a 100% buy rating. Filo Mining also made the cut, getting 25% upside from analysts and a 92% buy rating. In addition to the Global X Copper Miners ETF, those who want to invest in this sector via exchange-traded funds can consider the Sprott Copper Miners ETF and the iShares Copper and Metals Mining ETF.

Read more:

Wall Street is bullish on copper, thanks to AI. Analysts love these stocks, giving one 234% upside - CNBC

Media Advisory

Thursday, April 11, 2024

NIH-funded study suggests model could identify large percentage of those at risk.

Researchers have adapted an artificial intelligence (AI) program to identify signs of childbirth-related post-traumatic stress disorder (CB-PTSD) by evaluating short narrative statements of patients who have given birth. The program successfully identified a large proportion of participants likely to have the disorder, and with further refinementssuch as details from medical records and birth experience data from diverse populationsthe model could potentially identify a large percentage of those at risk. The study, which was funded by the National Institutes of Health, appears in Scientific Reports.

Worldwide, CB-PTSD affects about 8 million people who give birth each year, and current practice for diagnosing CB-PTSD requires a physician evaluation, which is time-consuming and costly. An effective screening method has the potential to rapidly and inexpensively identify large numbers of postpartum patients who could benefit from diagnosis and treatment. Untreated CB-PTSD may interfere with breastfeeding, bonding with the infant and the desire for a future pregnancy. It also may worsen maternal depression, which can lead to suicidal thoughts and behaviors.

Investigators administered the CB-PTSD Checklist, which is a questionnaire designed to screen for the disorder, to 1,295 postpartum people. Participants also provided short narratives of approximately 30 words about their childbirth experience. Researchers then trained an AI model to analyze a subset of narratives from patients who also tested high for CB-PTSD symptoms on the questionnaire. Next, the model was used to analyze a different subset of narratives for evidence of CB-PTSD. Overall, the model correctly identified the narratives of participants who were likely to have CB-PTSD because they scored high on the questionnaire.

The authors believe their work could eventually make the diagnosis of childbirth post-traumatic stress disorder more accessible, providing a means to compensate for past socioeconomic, racial, and ethnic disparities.

The study was conducted by Alon Bartal, Ph.D., of Bar Ilan University in Israel, and led by senior author Sharon Dekel, Ph.D., of Massachusetts General Hospital and Harvard Medical School, Boston. Funding was provided by NIHs Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD).

Maurice Davis, D.H.A., M.P.A., M.H.S.A., of the NICHD Pregnancy and Perinatology Branch, is available for comment.

Bartal A, et al. AI and narrative embeddings detect PTSD following childbirth via birth stories. Scientific Reports (2024).

About the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD): NICHD leads research and training to understand human development, improve reproductive health, enhance the lives of children and adolescents, and optimize abilities for all. For more information, visit https://www.nichd.nih.gov.

About the National Institutes of Health (NIH): NIH, the nation's medical research agency, includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services. NIH is the primary federal agency conducting and supporting basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit http://www.nih.gov.

NIHTurning Discovery Into Health

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AI model has potential to detect risk of childbirth-related post-traumatic stress disorder - National Institutes of Health (NIH) (.gov)

FAIR Take | April2024

As Americans are looking to Washington for solutions to the border crisis, lawmakers instead are considering a massive tax bill that has major immigration consequences. Special interests are currently lobbying to get the Senate to take upH.R. 7024, theTax Relief for American Families and Workers Act.The bill, if enacted, would expand the Additional Child Tax Credit(ACTC).

The ACTC is a tax credit intended to benefit low-income families. As arefundablecredit, eligible individuals can receive it even if they do not owe any tax. Importantly, the tax credit helps more than low-income American families. Due to a loophole in the law, illegal aliens may also claim the credit. With the proposed expansion of the ACTC in H.R. 7024, that means even more tax dollars will be used to support illegalaliens.

H.R. 7024proposes expanding the ACTC in two ways. First, it increases the maximum amount a parent may claim per qualifying child from $1,600 to $1,800. That increase would be implementedretroactively. H.R. 7024 also increases the ACTC in future years, raising it to $1,900 in 2024, and $2,000 in2025.

H.R. 7024 passed the House on January 31 of this year, but it faces opposition by some in the Senate, particularly from Senator Crapo (R-ID), who is the lead Republican on the Finance Committee, which has jurisdiction over tax related matters. While most of the in-fighting relates to traditional work eligibility requirements, Congress has still not addressed the loopholes in the law that allow illegal aliens to claim thecredit.

Currently,the lawdoes not require either the parents or dependent children to be citizens or otherwise have lawful status (such as legal permanent residence) in order to claim the ACTC. It only requires that the dependent children have social security numbers. That means illegal alien parents can file tax returns using anIndividual Taxpayer Identification Numberand claim the credit for qualifying children. To make matters worse, the Biden Administration is now releasing millions of illegal aliens into the U.S. in ways that make them, and their children, eligible for work authorization and social security numbers. They will also be allowed to claim thecredit.

The cost of the expansion to taxpayers will no doubt be immense. The Center on Budget and Policy Prioritiesestimatesthat the proposed expansion of the ACTC would provide 16 million children more money in tax refunds. According to the Congressional Budget Office, all of the changes to the Child Tax Credit would increase government spending by $30.6 billion over just a two-year period(2024-2026).

While these concerns have not been addressed, it has not stopped Majority Leader Schumer from working behind the scenes to peel off Republican members to support of the $79 billion bill. TheWashington Postreported last week that the prospects could be growing rosier and that privately, some Republican Senators are increasingly willing to support thebill.

Desperate to get this over the finish line, some have called on Schumer to put the bill on the floor and see where the votes are. Last week,Schumer saidto reporters,Look Im all for the package, if there are enough votes to move it forward in the right way, yeah, well try to get it on the floor, Schumer said, adding that the sponsors are trying to see if there are enoughvotes.

FAIR has expressed concern about H.R. 7024 to congressional leaders, and has repeatedly urged House and Senate members to increase immigration enforcement and reduce the incentives that draw illegal aliens to the United States. The tax bill currently in the Senate would simply reward those who have entered the U.S. in the past several years rather than fixing the broken immigrationsystem.

Congress should not expand the Additional Child Tax Credit without closing loopholes allowing illegal aliens to take advantage ofit. Senator Hyde-Smith (R-Miss.) has a bill to close one of the loopholes in the law. Her bill,S. 3798, would requirethat theparents, in addition to the children, have Social Security numbers to claim the credit, indicating the parents have work authorization. Although this wouldnt completely solve the issue, given that it would still allow otherwise illegal aliens with work-authorized SSNs to potentially claim the credit, it would be animprovement.

TheTax Relief for American Families and Workers Actis one example of how taxpayer-funded benefits incentivize and support those who have violated our immigration laws. The bill places a financial burden on American taxpayers, especially at a time when they are being asked to spend billions on border security to end the crisis that the Biden Administrationcreated.

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On Tax Day, Special Interest Groups are Pushing Congress to Expand Tax Breaks that Benefit Illegal Aliens | FAIRUS.org - Federation for American...