At Code Conference 2019 in Scottsdale, Arizona, Bond Capital general partner Mary Meeker delivered her annual, highly anticipated Internet Trends Report. The 333-page slideshow looked at trends from the growth of Internet ad spending to digital delivery services in Latin America. One eye-opening fact she reported is that about 51 percent of the world, equaling 3.8 billion people, used the Internet in 2018, up from 49 percent (3.6 billion) the previous year. Smartphone sales are slowing since so many people likely to be online already are. Continue reading Bond’s Meeker Predicts Our Digital Future in Annual Report

Hyperloop technology — which relies on magnetic levitation, steel tubs and vacuum pumps — is one way that hopeful technologists promise to improve the travel experience. Most recently, a Missouri congressman proposed a hyperloop between Kansas City, Missouri and St. Louis, which would take 30 minutes to travel 250 miles. In Las Vegas, Nevada, Elon Musk’s The Boring Company (TBC) landed its first commercial contract, for $48.7 million, to build a “people mover” that would shuttle people around the city’s Convention Center, expected to be ready for CES 2021. Continue reading Hyperloop Projects Bring New Travel Tech Closer to Reality

As part of a settlement with the Securities and Exchange Commission, Tesla CEO and co-founder Elon Musk has agreed to pay a $20 million fine and step down as chairman of the California-based electric automaker for three years. The SEC accused Musk of securities fraud after he tweeted from his personal Twitter account that he had secured enough funding to take Tesla private. Musk has admitted to no wrong-doing. In addition to Musk’s significant personal fine, Tesla has agreed to develop leadership reforms and pay $20 million for not properly vetting the CEO’s tweets. Continue reading Series of Tweets Cost Elon Musk Chair Position, Major Fine

Facebook is aiming to launch its “Athena” Internet-delivery satellite early next year for parts of the globe where traditional delivery systems such as fiber optic cables are not feasible. According to an application the company reportedly filed with the FCC under the name PointView Tech LLC, the satellite intends to “efficiently provide broadband access to unserved and underserved areas throughout the world.” Facebook confirmed that Athena is its project, but offered no details. Similar Internet-delivery projects are in development by Elon Musk’s SpaceX and SoftBank-backed OneWeb. Continue reading Facebook Confirms Plans to Create Internet-Delivery Satellite

OpenAI, an artificial intelligence research group backed by Elon Musk, stated that its software can beat “teams of five skilled human players” in Valve’s video game “Dota 2.” If verified, the achievement would be a milestone in computer science and a leap beyond other AI researchers working on mastering complex games. IBM’s software mastered chess in the late 1990s, and Alphabet’s DeepMind created software that dominated “Go” in 2016. “Dota 2” is a multiplayer sci-fi fantasy game where teams advance through exploration. Continue reading OpenAI Beats Human-Player Team at Complex Video Game

Elon Musk, chief executive of Tesla, Space Exploration Technologies, and Boring, tweeted how Los Angeles residents will be able to take advantage of an integration of all three of his companies’ endeavors: drive their electric car to an electric pod in a Boring tunnel that will take them to the Port of Los Angeles where SpaceX will have rockets that he hopes will fly to Mars. Musk aims to “solve the problem of soul-destroying traffic,” with autonomous pods that will travel at 600 miles per hour through a network of tunnels. Continue reading Elon Musk Envisions Future Los Angeles with Hyperloop Travel

Following the now widespread reports of Cambridge Analytica’s use of Facebook user data, some companies are pulling ads from the social media giant, in large part due to “consumer backlash and questions from lawmakers” over the company’s privacy policy, reports Engadget. Mozilla has pulled its ads, claiming to have taken a closer look at Facebook’s current privacy settings, particularly related to third-party apps. Many other companies around the world are considering a similar ad-related move, according to the article.

Continue reading Mozilla and Others Pull Facebook Ads Over Privacy Concerns

According to a knowledgeable source, Japan’s SoftBank Group plans to invest about $500 million more in satellite broadband provider OneWeb. That brings SoftBank’s total investment in the company to about $1.5 billion. OneWeb is a U.S. startup focused on providing Internet connectivity worldwide that is faster than current space-based or terrestrial systems. OneWeb founder/executive chairman Greg Wyler reports that the company is currently designing and looking for suppliers for its next-generation satellites. Continue reading SoftBank Invests $500M More in Broadband Provider OneWeb

Facebook developed mapping technology that has allowed it to create a data map of the human population in 23 countries so far. The map can zero in on any man-made structure as close as five meters, in any country on earth. Facebook says it is using the data to understand how humans are distributed around the planet, and thus be able to determine the best way to provide them with Internet access, via land, air or space. The goal is to create a “multi-pronged” Internet network to serve under-connected populations. Continue reading Facebook Uses Mapping Tech in Effort to Connect the World

Neurable, a Boston-based startup founded by engineer/neuroscientist Ramses Alcaide, is showing a prototype of a game, with the working title “Awakening,” that allows users to break out of a virtual room by issuing mental commands. The prototype, said to be a few years away from commercial introduction, includes an HTC virtual reality headset and seven sensors that read brainwaves. The user selects objects by looking in the general direction of the object she wishes to select, thus narrowing the number of items to be considered. Continue reading Startup Debuts Prototype of Game Controlled by Brainwaves

Elon Musk, Bill Gates and Stephen Hawking are among those that have raised concerns regarding our pursuit of artificial intelligence, while Musk has recently gone so far to suggest that AI presents “more risk than North Korea” and should be regulated, like “everything (cars, planes, food, drugs, etc.) that’s a danger to the public.” Our colleague Yves Bergquist, director of ETC’s Data & Analytics Project, published a compelling rebuttal on Medium this week, in which he clearly defines “narrow AI” and “artificial general intelligence” in order to provide additional context regarding the evolution of AI applications and their numerous possibilities. Continue reading In Response to Elon Musk and His Concerns About AI Safety

The new Microsoft Research AI lab is now open for business, targeting the creation of a single system of general artificial intelligence that can flexibly work on a range of problems. Based at company headquarters in Washington state, the lab will be home to more than 100 scientists whose AI research spans fields including perception, learning, reasoning and natural language processing. The lab’s goal of general AI differs from narrow AI, which performs one task very well, such as facial recognition. Continue reading Microsoft Takes a Bigger Stake in AI With New Lab, Projects

At the conclusion of the inaugural meeting of the White House’s American Technology Council, President Donald Trump called for a “sweeping transformation of the federal government’s technology,” admitting that the government needed to catch up with the private sector and that federal agencies had to deliver “dramatically better services to citizens.” The Council’s mandate is to convert paper forms into easy-to-use websites, and help the government buy better technology and use new tools like artificial intelligence. Continue reading White House American Technology Council Draws Top Execs

At Facebook research unit Building 8, former Alphabet’s Regina Dugan is overseeing a project that will allow people to type using brain signals, the ultimate in hands-free smartphone communication. Dugan reports that, within a few years time, the system will be able to type 100 words per minute by monitoring the brain and without any implants. The technology may not require the person to think in letters. The same lab is also working on a way for people to hear through their skin.

Continue reading Facebook Develops Interface to Type Words via Brain Waves

Tesla founder Elon Musk has launched a new company, Neuralink Corp., to dig deep into so-called neural lace technology that would merge the human brain with artificial intelligence. Musk already heads up two complex businesses. At Tesla, he is under pressure to deliver the Model 3, priced at $35,000, on time. At SpaceX, the ambitious plan is to launch both a satellite-based Internet business and a rocket to carry humans to Mars. Max Hodak, who founded robotic startup Transcriptic, is a member of Neuralink’s founding team. Continue reading Elon Musk’s Neuralink Corp. Seeks to Enhance Brains with AI