WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Jul 19, 2023--

Humane has launched its AI Pin, one of the world’s most hyped tech products, and it has immediately made a public mistake. The AI Pin has been the subject of speculation promoted by Humane, a company that has remained somewhat mysterious and includes designers and executives who have worked at Apple and Microsoft. The system is intended to be attached to clothing and then makes use of a range of microphones, speakers and a display that can shine onto its owners hand to give information. That information is provided by artificial intelligence systems built on technology from ChatGPT creator OpenAI and Microsoft. The pin costs $699 and will be available later this year. It has been promoted by its president Imran Chaudhri as a response to both the prevalence of phones and the future of mixed-reality headsets, instead aiming to allow people to engage with the world around them. One of the features intended to do that is access to artificial intelligence systems that can be used to get answers to questions. Users can just press the AI Pin and speak into the air, which will then allow the computer to access the internet and show an answer. During its reveal event, executives showed the pin being used to answer one such question. “I can also use it to ask questions, like: when is the next eclipse, and where is the best place to see it?”, representatives said, explaining that it would be answered by “an AI browsing the web, or grabbing knowledge from all over the internet”. The AI Pin is then showed answering by saying that the best place to view the next total solar eclipse, in April 2024, would be Exmouth in Australia or East Timor. But next year’s solar eclipse will in fact be visible in North America, and in fact has been given the name “the Great North American Eclipse”. It will not be at all visible in Australia, and can only be seen in Mexico, the US and Canada. The system may have made the mistake because a total solar eclipse earlier this year was in fact best viewed from Exmouth and East Timor. That eclipse, in April, brought widespread coverage to the small Australian town – and that coverage was presumably used to train the artificial intelligence system that answered the question. Humane did not say which assistant was being used for that answer. The AI Pin is built specifically to call on a number of different assistants depending on what question is asked. The error recalls a similar error made by Google’s Bard chatbot when it was introduced at the beginning of the year. An ad showed Bard being asked about interesting discoveries by Nasa’s James Webb Space Telescope, and replying that it had taken “the very first pictures of a planet outside of our own solar system” – which is not true. At the time, many noted that the error highlighted a central error with large language models. The systems tend to “hallucinate” – or confidently state falsehoods – and have no real way of being able to check whether the information they are given is true. Read More You can finally use one feature of the Apple Vision Pro headset – sort of ChatGPT creator mocks Elon Musk in brutal tweet Call of Duty launch sparks record traffic on broadband networks

CHELMSFORD, England--(BUSINESS WIRE)--Jun 6, 2023--

PayPal has launched a new cryptocurrency that is tied to and backed by the US dollar. PayPal USD, issued by Paxos Trust Company, is a type of digital currency called a stablecoin, which differs to other cryptocurrencies like bitcoin as their values are tied to traditional fiat currencies like dollars, pounds or euros. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal chief executive Dan Schulman. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.” The new crypto token will roll out first to US PayPal customers, offering the ability to send and transfer PayPal USD to other people, as well as fund purchases when checking out at online stores. The new cryptocurrency comes at a time of increased scrutiny at the crypto industry, with regulators looking to avoid a repeat of the TerraUSD stablecoin collapse that wiped tens of billions of dollars from markets in 2022. The TerraUSD token was also pegged to the US dollar, however unlike PayPal USD it was not backed up by any dollar reserves. Instead, it used a partner cryptocurrency to maintain its value algorithmically, which ultimately caused both cryptocurrencies to crash in tandem. Other companies have also attempted to launch stablecoins, including Facebook’s Libra project, which was shut down last year after facing push back from regulators. The US House Financial Services Committee has since advanced a bill aiming to set up a federal framework for stablecoins in order to integrate them into modern payment systems. “We are currently at a crossroads to keep America at the forefront of digital asset innovation,” US Representative Patrick McHenry, who chairs the committee, said in a statement following PayPal’s announcement. “Congress is making significant, bipartisan progress on legislation to ensure the US leads the financial system of the future.” Read More What is Elon Musk’s ‘everything app’ X? Kenya suspends eyeball-scanning crypto worldcoin

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Meta’s new Threads app will not let people leave without deleting their whole Instagram account, its rules warn. The app launched just hours ago and appears to have already received tens of millions of signups. It came at a particularly difficult time for Twitter – which has been limiting how many posts people can see – and has tight integration with Instagram, which makes it easy to sign up. However, people are not able to reverse that signup process once it has happened, users have found. If someone starts using Threads, and then wants to leave again, they will be forced to delete their entire Instagram account. Threads users can “deactivate” their profile, which will stop posts and interactions with other people’s posts from being shown. But that data will continue to live on parent company Meta’s servers, and will remain connected to the Instagram account it came from. Users can also delete all of their individual posts on Threads. As on most social networks, that has to be done one-by-one, with a user scrolling through their own account and deleting each post individually. But it is not possible to fully delete it without getting rid of all Instagram data. “Your Threads profile is part of your Instagram account, and may be deleted at any time by deleting your Instagram account,” a supplemental privacy policy published for Threads warns. Meta has said that it is working on the problem, presumably with a view to allowing people to get rid of their Threads account without deleting all of their data. The issue is just one of a range of problems that users have identified on the first day with Instagram’s Threads app. Many other users have complained, for instance, that there is no way to see only posts from accounts that they have actually followed. Instagram has built Threads to recommend posts from other accounts it thinks users are interested in, too – presumably in an attempt to ensure that the news feed is full up even when users start using the app. Adam Mosseri, the head of Instagram, has also confirmed on Threads that the company is working on that feature too. Mr Mosseri faced sharp criticism in recent months over the increasing amount of algorithmically chosen content being pushed into users feeds on the normal version of Instagram. Read More Threads: What it’s like to use Instagram’s new Twitter rival How to get and use ‘Threads’, the biggest new social app Mark Zuckerberg launches his ‘Twitter killer’ app called Threads

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