Bytes: Week in Review - Quantifying AI's impact on job cuts
On today's “Tech Bytes: Week in Review,” we discuss federal cybersecurity cutbacks that affected this week’s elections and a caucus of Midwestern states pushing to join the AI boom. Plus, Sens. Josh Hawley and Mark Warner introduced a bipartisan bill requiring some companies to report when AI replaces workers. Marketplace’s Meghan McCarty Carino spoke with Axios tech policy reporter Maria Curi about these headlines and more.
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Former regional Fed president: We need an "AI land grant act"
Big tech companies have invested hundreds of billions in AI infrastructure, including data centers that are popping up all over the country. Constructing the facilities brings in jobs to local communities, but what happens once the construction is finished? Former Philadelphia Federal Reserve President Pat Harker says tech companies owe a longer-lasting benefit to the communities that host data centers.Marketplace tech host Nova Safo talked with Pat Harker about his proposal for a “digital AI land grant act.”
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Silicon Valley's tech bro culture is changing
Rya Jetha, tech culture reporter at The San Francisco Standard, spends a lot of time thinking about the industry’s internal dynamics. Gone are the computer programmers, self-proclaimed nerds of an era mostly focused on software development. Jetha says the new tech bro is of the “hard tech” era, with emphasis on the charisma needed to raise huge sums of money for expensive hardware innovations and AI technologies.
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Sora 2's disinformation problem
OpenAI’s latest AI video generator Sora 2 has gotten a lot of attention for its realistic creations. The tool is supposed to have guardrails to prevent creating videos based on misinformation. But new analysis from watchdog group Newsguard found that, when prompted, Sora 2 often generated videos based on lies, such as false claims having to do with election fraud in a foreign country or that a toddler was detained by immigration agents.Marketplace’s Nova Safo spoke with Sofia Rubinson, senior editor at Newsguard, to learn more.
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Sam Bankman-Fried returns to court to challenge fraud verdict
Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is serving 25 years in federal prison for fraud. His company collapsed and went bankrupt in 2022. Investigators found that billions of dollars in customer funds had been borrowed without permission to help shore up Bankman-Fried’s other firm, Alameda Research. But throughout the last three years, Bankman-Fried has maintained his innocence, and he's filed an appeal. A hearing is scheduled for Nov. 4.Marketplace’s Nova Safo spoke with Jonathan Jones, a reporter and producer for the investigative podcast “Reveal,” who spent hours talking to the former CEO, FTX insiders and customers.
Monday through Friday, Marketplace demystifies the digital economy in less than 10 minutes. We look past the hype and ask tough questions about an industry that's constantly changing.
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