From TradeBriefs <[email protected]>
Subject This AI pioneer thinks todays AI is dumber than a cat - WSJ - Oct 13, 2024
Date October 13, 2024 3:25 AM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

HBR Contributors Named to Thinkers50

Kevin Harris of The Business Show sits down with Vijay Govindarajan,
Rita McGrath, Linda Hill, and Herminia Ibarra.

Continued here
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_TradeBriefs: Newsletters for Decision-Makers!_

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This AI pioneer thinks todays AI is dumber than a cat - WSJ
[[link removed]}&lead=419599&emailid=77985&nl=daily]
While a chorus of prominent technologists tell us that we are close to
having computers that surpass human intelligence—and may even
supplant it—LeCun has aggressively carved out a place as the AI
boom’s best-credentialed skeptic.

Work

Key deals this week: Arcadium Lithium, Comstock, LendingClub, Chevron
and more
[[link removed]}&lead=419599&emailid=77985&nl=daily]
M&A activities remained relatively quiet in the second week of October
as companies geared up for the third quarter earning season.
Nevertheless, deals that grabbed attention include mining giant Rio
Tinto's takeover offer for Arcadium Lithium (ALTM), followed by
Alimentation















Work

'The choice of the people': How Modelo and Corona maker Constellation
Brands won the loyalty of Hispanic consumers in the U.S.
[[link removed]}&lead=419599&emailid=77985&nl=daily]
At a recent gathering of Riojas' family, a decked-out tray included
cans of Modelo adorned with finger foods and shrimp. Attendees could
use those items to make a "Michelada," a cocktail that typically mixes
the Mexican beer with juice and toppings.

Work

In latest move against WP Engine, WordPress takes control of ACF
plugin | TechCrunch
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Anthony Ha is TechCrunch’s weekend editor. Previously, he worked as
a tech reporter at Adweek, a senior editor at VentureBeat, a local
government reporter at the Hollister Free Lance, and vice president of
content at a VC firm. He lives in New York City.














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Tokyo looks to protect service staff from customers who are not so
cool - FT [[link removed]}&lead=419599&emailid=77985&nl=daily]
Ban on kasu-hara abuse prompted by alarm at rising harassment of citys
workers by angry clientele

Work

Opinion | Who Are These People Interviewing Trump and Harris?
[[link removed]}&lead=419599&emailid=77985&nl=daily]
There’s an impulse to interpret these media arrivistes as
reinventions of the prior media dispensation — to cast a big
podcaster like Joe Rogan as a muscled Walter Cronkite for the online
age, or to frame appearances on “Call Her Daddy” and
“Flagrant” as base mobilization operations, akin to appearing on
“The Rachel Maddow Show” or “Hannity.”














Work

Walmart names Chief Revenue Officer Seth Dallaire as chief growth
officer: Bloomberg
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Walmart (NYSE:WMT) has named Chief Revenue Officer Seth Dallaire to
the newly created post of chief growth officer to expand the retail
giants' operations beyond its stores, Bloomberg reported Saturday,
citing a company memo.

Work

Political Uncertainty and Budget Reality Put France in a Financial
Vise
[[link removed]}&lead=419599&emailid=77985&nl=daily]
But France is now well in excess of both of those limits, drawing a
formal rebuke recently from the European Union. France’s debt has
spiraled to more than 110 percent of economic output, the worst in the
bloc after Greece and Italy. Fitch warned that the debt could surge to
more than 118 percent of gross domestic product by 2028 if nothing is
done. The annual budget deficit is set to widen to 6.1 percent of
gross domestic product this year, much higher than expected, and an
increase of more than 10 percent from last year.














Work

A Mystery Repeats: Harris Up 4 in Pennsylvania, and Trump Up 6 in
Arizona
[[link removed]}&lead=419599&emailid=77985&nl=daily]
In both cases, it seemed possible that another New York
Times/Philadelphia Inquirer/Siena College poll would yield a
significantly different result. With that in mind, we decided to take
an additional measure of Arizona and Pennsylvania before our final
polls at the end of the month.

Work

U.S. FDA to reconsider decision barring compounded versions of Lilly
weight loss drug
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Lilly in August began sending cease-and-desist letters to
telehealth companies, wellness centers and medical spas selling
compounded versions of Zepbound and Mounjaro. The company has
also filed lawsuits against sellers falsely claiming to sell
FDA-approved versions of the drug.














Work

Federal judge approves Fisker liquidation plan: reports
[[link removed]}&lead=419599&emailid=77985&nl=daily]
A federal bankruptcy judge has signed off on EV maker Fisker’s
(OTC:FSRNQ) liquidation plan following last-minute talks to preserve
the company’s $46M sale of its remaining 3K Ocean SUVs, according to
media reports.

Work

Soft landing or hard? Bank results show path to no landing - WSJ
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Economists, investors and business leaders have been debating for
months whether the economy is headed for a soft landing or a hard
landing. But there is a third option: no landing at all.














Work

Thousands rally at Christian nationalist event in DC to 'turn hearts
back to God'
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Jenny Donnelly, leader of anti-trans Don't Mess With Our Kids, bills
first pre-election event as rallying call for mothers

Work

Executives and Research Disagree About Hybrid Work. Why?
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Some are just over it. Almost five years since the start of the
pandemic, many C.E.O.s are ready to move on from an experiment they
never wanted to start. “When we look back over the last five years,
we continue to believe that the advantages of being together in the
office are significant,” Jassy wrote in a memo about ending remote
work at Amazon.














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Trump's tax cuts could expire after 2025. Here's how top-ranked
advisors are preparing
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For 2024, the standard deduction is $14,600 for single taxpayers and
$29,200 for married couples filing jointly. That means most filers
won't claim itemized tax breaks such as the deduction for charitable
gifts, medical expenses, and state and local taxes, experts say.

Work

SpaceX receives approval for Starship launch earlier than expected
(Private:SPACE)
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SpaceX receives approval for fifth test launch of Starship, the most
powerful rocket system ever, with plans to return booster from space.













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The most interesting unicorns to come out of Japan | TechCrunch
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Kate Park is a reporter at TechCrunch, with a focus on technology,
startups and venture capital in Asia. She previously was a financial
journalist at Mergermarket covering M&A, private equity and venture
capital.

Work

California Rejects Bid for More Frequent SpaceX Launches
[[link removed]}&lead=419599&emailid=77985&nl=daily]
But the sonic booms have been startling residents in Southern
California, whose homes have been shaken by powerful, confusing jolts,
The Los Angeles Times reported. And several environmental groups
submitted letters urging the commission to take more time to study the
impact on wildlife ahead of this week’s meeting.

Work

P&O owner to attend summit despite row over Louise Haigh's comments
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Haigh's comments in the interview coincided with the Department for
Transport announcing new legislation aimed at protecting seafarers'
jobs from so-called "fire and rehire" practices of "rogue employers".

Work

Harris' doctor reports she's in 'excellent health,' as her campaign
looks to draw a contrast with Trump
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The letter posted on Trump's social media platform contained no
details to support its claims â measures like weight, blood pressure
and cholesterol levels, or the results of any test.

Work

S&P 500 grinds higher to further record highs, finding little to fear
in October
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Mike Santoli evaluates how this is typically the time of the year that
tests the bulls, but that isn't happening yet.

Work

Executive reshuffles: QCOM, BIDU and STLA Companies in focus
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Market watchers, throughout the week, observed several Wall Street
executives stepping up for new roles as part of leadership
reshuffling. Meanwhile, some compa

Work

Trumpto move fast on tariffs, says Wall Street firm, citing clients
who met with ex-trade chief
[[link removed]}&lead=419599&emailid=77985&nl=daily]
"They aren't gonna have higher prices," Trump said during the Sept. 10
presidential debate. "Who's gonna have higher prices is China and all
of the countries that have been ripping us off for years."

Work

Secret Documents Show Hamas Tried to Persuade Iran to Join Its Oct. 7
Attack
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The documents provide greater context to one of the most pivotal
moments in modern Middle Eastern history, showing it was both the
culmination of a yearslong plan, as well as a move partly shaped by
specific events after Mr. Netanyahu returned to power in Israel in
late 2022.

Work

Opinion | This Is Why Trump Imagines He Will Win
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Mr. Trump seems to have twisted the reason that programs like
Temporary Protected Status and humanitarian parole exist — for
instance, Haiti has been deemed too unstable and dangerous to return
to — into a reason for the programs not to exist. “So we have
travel warnings,” he said. “‘Don’t go here, don’t go there,
don’t go to the various countries’ and yet she’s taking in the
worst of those people, the killers, the jailbirds, all of the worst of
the people, she’s taking them in.”

Work

Tribal clashes in north-west Pakistan kill at least 11 people
[[link removed]}&lead=419599&emailid=77985&nl=daily]
The BLA gave higher figures of 30 dead and 18 injured. It also said
Pakistani security personnel were disguised as workers, without giving
evidence, and threatened more assaults unless the military withdrew
from the province.

Work

'The fear is unspeakable': airstrikes on northern Gaza leave hundreds
of thousands with nowhere to go
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In Lebanon, the health authority said that 60 people were killed and
another 168 wounded in the past 24 hours, and the United Nations
peacekeeping force that operates on the blue line separating Israel
and Lebanon said its headquarters in Naqoura had been targeted a
second time. It was not immediately clear who was responsible for the
fire.

Work

Biden Declares Disaster From Milton Ahead of Florida Visit
[[link removed]}&lead=419599&emailid=77985&nl=daily]
The visit to Florida on Sunday also comes amid rising frustration in
the White House with the flood of misinformation about the federal
response to recent natural disasters, led by former President Donald
J. Trump, the Republican presidential candidate, and his allies.

Work

The Cutting-Edge Hearing Aids That You May Already Own
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Apple plans to release the free software later this fall for iPhones
running iOS 18 or later and iPads running iPadOS 18 or later, a
spokesperson said. A set of AirPods Pro 2 costs $249 from Apple, and
less at big box stores or through online retailers.

Work

How excessive Fedspeak undermines transparency, clarity in Fed's
communication
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With Federal Reserve officials out in full force, the near-constant
level of commentary risks muddying the waters instead of providing the
transparency and clarity that the central bank seeks to provide.

Work

Alexei Navalny believed he would die in prison, memoir reveals
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Navalny’s widow, Yulia Navalnaya, said in a statement released in
April by the publisher that the book was not only a testament “to
Alexei’s life, but to his unwavering commitment to the fight against
dictatorship”, adding that sharing his story would “inspire others
to stand up for what is right and to never lose sight of the values
that truly matter”.

Work

Starmer steps into cabinet row over P&O to rescue global summit in
London
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11 October 2024DP World pulls out of a £1bn investment at London
Gateway, part of the Thames Freeport, due to be announced at the
government’s investment summit tomorrow, according to reports.

Work

Scottish DJ Jack Revill AKA Jackmaster dies aged 38
[[link removed]}&lead=419599&emailid=77985&nl=daily]
A post from the official Instagram account of DU duo CamelPhat on
Revill’s Instagram page said: “Can’t believe what I’m
reading… in an industry full of Ego you were hands down one of the
nicest fellas we ever met along the way. Our thoughts are with family
& friends. RIP my friend x”.

Work

On the Trail, Vance Is Dogged by Questions About Trump's Loss in 2020
[[link removed]}&lead=419599&emailid=77985&nl=daily]
“I’m a hell of a lot more worried that American citizens can’t
afford a good life in their country,” Vance said, “because Kamala
Harris has been the vice president, and that is what I’m trying to
change.” The audience of Trump supporters then gave Mr. Vance a
standing ovation, and broke out into chants of: “JD.”

Work

One of the World's Most Immigrant-Friendly Countries Is Changing
Course
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A series of measures unveiled this year, focused on Canada’s vast
temporary residence program, has imposed barriers that have left
hundreds of thousands of migrants like Mr. Singh in legal limbo.

Work

Alex Salmond, Scotland's Former First Minister, Dies at 69
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Mr. Salmond served as a member of the British Parliament in
Westminster, as an M.P., from 1987 to 2010 and again from 2015 to
2017, as well as serving as a member of the Scottish Parliament, or
M.S.P.

Work

As Florida reels, focus turns to restoring power, assisting victims in
Hurricane Milton's wake
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Officials in Pasco County said Friday on X that neighborhoods
near rivers and lakes were experiencing "historical flooding," and
urged people to immediately leave and seek higher ground.

Work

Federal Aviation Administration approves SpaceX Starship 5 flight
[[link removed]}&lead=419599&emailid=77985&nl=daily]
SpaceX CEO Elon Musk has harshly criticized the FAA, including for
proposing a $633,000 fine against SpaceX over launch issues and for
the delay in approving the license for Starship 5, which the company
says has been ready to launch since August. Musk has called for the
resignation of FAA Administrator Mike Whitaker and threatened to sue
the agency.

Work

Xbox Cloud Gaming may finally let you stream your non-Game Pass
purchases soon
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Xbox players have long been asking for the option to stream games that
they’ve purchased, rather than only those that are available on Xbox
Game Pass. If the testing period goes as planned, more players could
soon see the ability to do this. The report comes on the heels of Xbox
president Sarah Bond’s announcement on Friday that Android users
will be able to buy and play games on the Xbox app starting next
month.

Work

The fluffiest robot of CES 2021 is back thanks to Casio
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Vanguard ran successful Kickstarter and Indiegogo campaigns for Moflin
in 2020 but only started shipping the robots to backers in late 2023.
Casio is now handling the manufacturing and distribution.

Work

The best Prime Day deals you can still get after the October Big Deal
Days sale: Apple, Anker, Sonos, Lego and more
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Ninja DualZone air fryer for $168 ($32 off): This 8-quart model of one
of our favorite air fryers can cook two totally different foods at the
same time, and you can set it up for both foods to be done cooking at
the same time. The larger, 10-quart model is $50 off and down to $200.

Work

Sculpture by the Sea 2024: giant melanoma on Sydney beach to deliver
'message that will be hard to ignore'
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Sculpture often divides opinion but it's rare for a work to carry the
claim it may save lives

Work

Former Scottish First Minister Alex Salmond, who sought Scotland's
independence, has died at age 69
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Salmond joined the SNP as a student and was a prominent member of a
socialist faction that agitated for change in the party. The group was
expelled from the party in 1982 but he was reinstated within a month.

Work

More Australians being 'priced out' of homes by big rent hikes,
advocates fear
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"Poll after poll shows that most voters want action on these investor
tax handouts because they're unfair and pushing up the cost of housing
for everyone. Our supporters are excited by reports that Labor is open
to change," Azize said.

Work

Political and media figures pay tribute to former first minister Alex
Salmond
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“His upbeat mood then make this all the more surprising and sad. He
and I could not have been more different in terms of Scotland’s
position in the UK but we had a mutual respect and he knew I always
regarded him as the most accomplished and significant Scottish
politician of modern times.

Work

TikTok is reportedly aware of its bad effects on teen users
[[link removed]}&lead=419599&emailid=77985&nl=daily]
TikTok spokesman Alex Haurek defended the company and told the
organization that the Kentucky AG's complaint "cherry-picks misleading
quotes and takes outdated documents out of context to misrepresent our
commitment to community safety." He also said that TikTok has "robust
safeguards, which include proactively removing suspected underage
users" and that it has "voluntarily launched safety features such as
default screentime limits, family pairing, and privacy by default for
minors under 16."

Work

One in 10 Australian parents struggling to afford vaccinations for
children
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Biggest obstacle to improving immunisation rates are practical
difficulties families face, according to national vaccination survey

Work

Enrico Berlinguer: the 1970s communist hero inspiring Italy's youth ?
and the far right
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Meloni was also invited by Rome's centre-left mayor, Roberto
Gualtieri, to the opening ceremony of the Rome film festival on 16
October. "This is normal, and a correct institutional relationship
should never be lacking," he said, adding that despite their political
differences, he has "a good personal relationship" with Meloni.

Work

Woman dies after going overboard from cruise ship off Channel Islands
[[link removed]}&lead=419599&emailid=77985&nl=daily]
“Channel Islands air search were called out early this morning and
requested to assist Jobourg MRCC in the search for a person overboard
from the MSC Virtuosa cruise ship, north of Les Casquets,” the
volunteer organisation said in a post on Facebook. “Lions’ Pride
departed from Guernsey at 0200hrs and set course for the search
area.”

Work

Venezuela has cancelled passports of dozens of activists and
journalists
[[link removed]}&lead=419599&emailid=77985&nl=daily]
Unlike murder or torture, which have a higher political cost, the
government has found that passport cancellation is an effective way of
neutralising and muffling critical voices with minimal effort, the
newspaper reported, citing Rafael Uzcátegui, co-director of the
rights group.

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