Virtually three years into the pilot, although, it appears the federal government remains to be struggling to seek out compelling purposes for it, and adoption has been minimal. Now the objective could also be shifting. China seems to be charging forward with plans to make use of the e-CNY outdoors its borders, for worldwide commerce.
If it’s profitable, it may problem the US greenback’s place because the world’s dominant reserve forex—and within the course of shake up the worldwide geopolitical order. Learn the complete story.
—Mike Orcutt
This story is from MIT Know-how Assessment’s What’s Subsequent sequence, which seems to be throughout industries, tendencies, and applied sciences to present you a primary take a look at the long run. Take a look at the remainder of the sequence right here.
The must-reads
I’ve combed the web to seek out you at this time’s most enjoyable/necessary/scary/fascinating tales about know-how.
1 How the US is planning to control AI It’s a multi-pronged strategy, however progress is grindingly gradual. (Vox)+ Our fast information to the 6 methods we will regulate AI. (MIT Know-how Assessment)+ In the end judges, not politicians, would be the first to determine guardrails for AI. (MIT Know-how Assessment)
2 Covid circumstances are rising once more We don’t precisely know why, however infections do appear to shoot up over the summer time. (Wired $)+ Hospitalizations are on the up, however specialists count on the overwhelming majority of infections to be gentle. (NBC)+ Covid hasn’t totally gone away—right here’s the place we stand. (MIT Know-how Assessment)
3 There’s not a lot you are able to do if AI lies about youPeople are beginning to sue tech corporations, however authorized precedent for that is principally non-existent. (NYT $)+ What does GPT-3 “know” about me? (MIT Know-how Assessment)
4 Apple now has over one billion paying subscribersTim Prepare dinner’s push to increase from {hardware} to subscription companies appears to be paying off. (Quartz $)
5 Google is making it simpler to take away your non-public data from SearchOf course, that requires you to present Google all that data, however nonetheless nifty. (Engadget)
6 A French information company is suing X for refusing to debate paying itElon Musk known as the transfer “weird”, and I’m inclined to agree. (Reuters)+ Meta’s Twitter rival, Threads, has seen its each day energetic customers drop by 82% since launch. (CNN)
7 Pornhub has gone darkish in ArkansasIn protest at a brand new legislation requiring it to confirm customers’ ages. (The Verge)+ Why little one security payments are popping up everywhere in the US. (MIT Know-how Assessment)
8 Actors are heading again to Cameo To make a bit of money on the aspect whereas the strike is on. (NYT $)
9 Meta’s Ray-Ban sensible glasses are a flop 👓The overwhelming majority of people that purchased them don’t use them. (WSJ $)
10 Mother and father in China are on relationship apps to marry off their grownup childrenIf you’re studying this, Mum… don’t go getting any concepts. (Remainder of World)