underscored

@underscored

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Wire fraud is the power pill of American law. So long as a financial scheme moved forward with the assistance of communications by a wire, it can be a crime. Wire fraud can legitimately describe playing Spotify streams under false pretences for profit.

FT Alphaville
1w ago

AI, however, depends on data centers in the physical world, and building data centers needs permission. This gives normal people the sort of veto power over AI they didn't have in the face of globalization; I make the case in Monday's Update and on Sharp Tech that understanding this dynamic is more important that trying to correct misinformation, which is a symptom, not a cause, of data center opposition.

1mo ago

this year's report emphasizes that while AI capability is accelerating, the governance and safety frameworks meant to manage it are struggling to keep pace.

2mo ago

Over 400 miles of scaffolding cover New York City's sidewalks—and some were constructed over a decade ago.

3mo ago

Companies hope that biometric age-verification tech in cartridges could put flavored vapes back in business. But it's unlikely to solve the real problems.

3mo ago

Because the US allowed sports bookmakers to gain entry by the back door, every market has been tainted by the same Wild West perception that's entirely of regulators' own creation. Insider trading is assumed to be rife. And, until or unless there are subpoenas dropping on doormats, any person who wants to believe the game isn't rigged against them is given no option but to believe in ghosts.

3mo ago

Underscored — save the words that stop you in your tracks.

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