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Is OpenAI Becoming 'Too Big to Fail'?

Slashdot.org - 3 hours 45 min ago

OpenAI "hasn't yet turned a profit," notes Wall Street Journal business columnist Tim Higgins. "Its annual revenue is 2% of Amazon.com's sales. "Its future is uncertain beyond the hope of ushering in a godlike artificial intelligence that might help cure cancer and transform work and life as we know it. Still, it is brimming with hope and excitement. "But what if OpenAI fails?" There's real concern that through many complicated and murky tech deals aimed at bolstering OpenAI's finances, the startup has become too big to fail. Or, put another way, if the hype and hope around Chief Executive Sam Altman's vision of the AI future fails to materialize, it could create systemic risk to the part of the U.S. economy likely keeping us out of recession. That's rarefied air, especially for a startup. Few worried about what would happen if Pets.com failed in the dot-com boom. We saw in 2008-09 with the bank rescues and the Chrysler and General Motors bailouts what happens in the U.S. when certain companies become too big to fail... [A]fter a lengthy effort to reorganize itself, OpenAI announced moves that will allow it to have a simpler corporate structure. This will help it to raise money from private investors and, presumably, become a publicly traded company one day. Already, some are talking about how OpenAI might be the first trillion-dollar initial public offering... Nobody is saying OpenAI is dabbling in anything like liar loans or subprime mortgages. But the startup is engaging in complex deals with the key tech-industry pillars, the sorts of companies making the guts of the AI computing revolution, such as chips and Ethernet cables. Those companies, including Nvidia and Oracle, are partnering with OpenAI, which in turn is committing to make big purchases in coming years as part of its growth ambitions. Supporters would argue it is just savvy dealmaking. A company like Nvidia, for example, is putting money into a market-making startup while OpenAI is using the lofty value of its private equity to acquire physical assets... They're rooting for OpenAI as a once-in-a-generational chance to unseat the winners of the last tech cycles. After all, for some, OpenAI is the next Apple, Facebook, Google and Tesla wrapped up in one. It is akin to a company with limitless potential to disrupt the smartphone market, create its own social-media network, replace the search engine, usher in a robot future and reshape nearly every business and industry.... To others, however, OpenAI is something akin to tulip mania, the harbinger of the Great Depression, or the next dot-com bubble. Or worse, they see, a jobs killer and mad scientist intent on making Frankenstein. But that's counting on OpenAI's success.

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Sound Blaster Crowdfunds Linux-Powered Audio Hub 'Re:Imagine' For Creators and Gamers

Slashdot.org - 4 hours 45 min ago

Slashdot reader BrianFagioli summarizes some news from Nerds.xyz: Creative Technology has launched Sound Blaster Re:Imagine, a modular, Linux-powered audio hub that reimagines the classic PC sound card for the modern age. The device acts as both a high-end digital-to-analog converter (DAC) and a customizable control deck that connects PCs, consoles, phones, and tablets in one setup. Users can instantly switch inputs and outputs, while developers get full hardware access through an SDK for creating their own apps. It even supports AI-driven features like an on-device DJ, a revived "Dr. Sbaitso" speech synthesizer, and a built-in DOS emulator for retro gaming. The Kickstarter campaign has already raised more than $150,000, far surpassing its initial goal of $15,000 with over 50 days remaining. Each unit ships with a modular "Horizon" base and swappable knobs, sliders, and buttons, while a larger "Vertex" version will unlock at a higher funding milestone. Running an unspecified Linux build, Re:Imagine positions itself as both a nostalgic nod to Sound Blaster's roots and a new open platform for creators, gamers, and tinkerers.

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GoFundMe Created 1.4 Million Donation Pages for Nonprofits Without Their Consent

Slashdot.org - 5 hours 45 min ago

San Francisco's local newscast ABC7 runs a consumer advocacy segment called "7 on Your Side". They received a disturbing call for help from Dave Dornlas, treasurer of a nonprofit supporting a local library: GoFundMe has taken upon itself to create "nonprofit pages" for 1.4 million 501C-3 organizations using public IRS data along with information from trusted partners like the PayPal Giving Fund. "The fact that they would just on their own build pages for nonprofits that they've never spoken to is a problem," [Dornlas] said. "I'm a believer in opt-in, not opt-out...." Dornlas says he struggled to find anyone to contact from GoFundMe about this... Dave's other frustration is tied to the company's optional tipping feature on the platform. "GoFundMe also solicits a tip of 14.5%. In other words, 'We're doing this and we're great people. Give us 14.5% to do this' — which doesn't have to happen," Dornlas said. "That's what bothers me." When 7 On Your Side checked, the optional tip was actually set for 16.5%. The consumer is required to move the bar to adjust accordingly... The tip would be in addition to the 2.2% transaction fee GoFundMe charges nonprofits, plus $0.30 per donation. That fee goes up to 2.9% for individual fundraisers. Now both GoFundMe pages of Dornlas's nonprofits have been removed from the site. Any organization can do so, by clicking "unpublish" on the platform. But GoFundMe's move drew strong criticism from the Center for Nonprofit Excellence (a Kentucky-based membership organization with over 500 members). GoFundMe's move, they say, creates "confusion for donors and supporters who are unsure of the legitimacy of the fundraising pages. In some cases, GoFundMe included incorrect information, outdated logos, and other inaccuracies that compromise and misrepresent nonprofits' brand, mission, strategy, and message." And GoFundMe's processing fees and tips "ultimately result in fewer resources for nonprofits than if donors contributed directly through the organization." But there's more... GoFundMe has initiated SEO optimization as the default for the donation pages to improve their visibility when individuals search forinformation about nonprofits online. This could result in GoFundMe'spages ranking higher than the nonprofit's own website, pulling away potential donors and supporters... Without adequate safeguards in place, nonprofits report serious issues, ranging from unauthorized individuals claiming donations and the inability to remove pages without first agreeing to GoFundMe's terms and conditions or sharing sensitive banking information. The Center for Nonprofit Excellence has now joined with the National Council of Nonprofits — America's largest network of nonprofits, with over 25,000 members — to officially urge GoFundMe to immediately rectify the situation. Thanks to long-time Slashdot reader Arrogant-Bastard for sharing the article.

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Amazon's Deployment of Rivian's Electric Delivery Vans Expand to Canada

Slashdot.org - 6 hours 45 min ago

"Amazon has deployed Rivian's electric delivery vans in Canada for the first time," reports CleanTechnica, with 50 now deployed in the Vancouver area. Amazon's director of Global Fleet and Products says there's now over 35,000 electric vans deployed globally — and that they've delivered more than 1.5 billion packages. More from the blog Teslarati: In December 2024, the companies announced they had successfully deployed 20,000 EDVs across the U.S. In the first half of this year, 10,000 additional vans were delivered, and Amazon's fleet had grown to 30,000 EDVs by mid-2025. Amazon's fleet of EDVs continues to grow rapidly and has expanded to over 100 cities in the United States... The EDV is a model that is exclusive to Amazon, but Rivian sells the RCV, or Rivian Commercial Van, openly. It detailed some of the pricing and trim options back in January when it confirmed it had secured orders from various companies, including AT&T.

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New Design Trend: People Downgrading 'Smart' Homes to Analog 'Dumb' Homes, Some with Landlines and Offline Appliances

Slashdot.org - 7 hours 45 min ago

"People are creating 'dumb homes,'" the VP of research at the Global Wellness Institute, tells the web site Axios. Some are swapping NASA-style setups for old-fashioned buttons, switches and knobs. Others are designing digital detox corners — all part of a bigger "analog wellness" movement... The return to analog hobbies and spacesis about more than nostalgia for pre-internet times, researchers say. A home where "technology is always in the background, working and listening, feels anxiety-producing" instead of restorative, architect Yan M. Wang tells Axios... Design media brand Dwell named the decline of smart homes a top trend for 2025 and beyond. Wealthy Los Angeles house hunters have started shunning WiFi-enabled, voice-activated appliances "to escape the $100 billion home-automation industry," according to the Hollywood Reporter. Meanwhile, landlines have found new fans — many of them parents who want to keep their kids off screens, the Washington Post reports.

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Do AI Browsers Exist For You - or To Give AI Companies Data?

Slashdot.org - 8 hours 45 min ago

"It's been hard for me to understand why Atlas exists," writes MIT Technology Review. " Who is this browser for, exactly? Who is its customer? And the answer I have come to there is that Atlas is for OpenAI. The real customer, the true end user of Atlas, is not the person browsing websites, it is the company collecting data about what and how that person is browsing." New York Magazine's "Intelligencer" column argues OpenAI wants ChatGPT in your browser because "That's where people who use computers, particularly for work, spend all their time, and through which vast quantities of valuable information flow in and out. Also, if you're a company hoping to train your models to replicate a bunch of white-collar work, millions of browser sessions would be a pretty valuable source of data." Unfortunately, warns Fast Company, ChatGPT Atlas, Perplexity Comet, and other AI browses "include some major security, privacy, and usability trade-offs... Most of the time, I don't want to use them and am wary of doing so..." Worst of all, these browsers are security minefields. A web page that looks benign to humans can includehidden instructions for AI agents, tricking them into stealing info from other sites... "If you're signed into sensitive accounts like your bank or your email provider in your browser, simply summarizing a Reddit postcould result in an attacker being able to steal money or your private data,"Brave's security researchers wrotelast week.No one has figured out how to solve this problem. If you can look past the security nightmares, the actual browsing features are substandard. Neither ChatGPT Atlas nor Perplexity Comet support vertical tabs — a must-have feature for me — and they have no tab search tool or way to look up recently-closed pages. Atlas also doesn't support saving sites as web apps, selecting multiple tabs (for instance, to close all at once with Cmd+W), or customizing the appearance. Compared to all the fancy new AI features, the web browsing part can feel like an afterthought. Regular web search can also be a hassle, even though you'll probably need it sometimes. When I typed "Sichuan Chili" into ChatGPT Atlas, it produced a lengthy description of the Chinese peppers, not the nearby restaurant whose website and number I was looking for.... Meanwhile, the standard AI annoyances still apply in the browser. Getting Perplexity to fill my grocery cart felt like a triumph, but on other occasions the AI has run into inexplicable walls and only ended up wasting more time. There may be other costs to using these browsers as well. AI still has usage limits, and so all this eventually becomes a ploy to bump more people into paid tiers. Beyond that,Atlas is constantly analyzing the pages you visit to build a "memory" of who you are and what you're into. Do not be surprised if this translates to deeply targeted ads as OpenAI startslooking at ways to monetize free users. For now, I'm only using AI browsers in small doses when I think they can solve a specific problem. Even then, I'm not going sign them into my email, bank accounts, or any other accounts for which a security breach would be catastrophic. It's too bad, because email and calendars are areas where AI agents could be truly useful, but the security risks are too great (andwell-documented). The article notes that in August Vivaldi announced that "We're taking a stand, choosing humans over hype" with their browser: We will not use an LLM to add a chatbot, a summarization solution or a suggestion engine to fill up forms for you, until more rigorous ways to do those things are available. Vivaldi is the haven for people who still want to explore. We will continue building a browser for curious minds, power users, researchers, and anyone who values autonomy. If AI contributes to that goal without stealing intellectual property, compromising privacy or the open web, we will use it. If it turns people into passive consumers, we will not... We're fighting for a better web.

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Woman Wrongfully Accused by a License Plate-Reading Camera - Then Exonerated By Camera-Equipped Car

Slashdot.org - 11 hours 45 min ago

CBS News investigates what happened when police thought they'd tracked down a "porch pirate" who'd stolen a package — and accused an innocent woman. "You know why I'm here," the police sergeant tells Chrisanna Elser. "You know we have cameras in that town..." "It went right into, 'we have video of you stealing a package,'" Elser said... "Can I see the video?" Elser asked. "If you go to court, you can," the officer replied. "If you're going to deny it, I'm not going to extend you any courtesy...." [You can watch a video of the entire confrontation.] On her doorstep, the officer issued a summons, without ever looking at the surveillance video Elser had. "We can show you exactly where we were," she told him. "I already know where you were," he replied. Her Rivian — equipped with multiple cameras — had recorded her entire route that day... It took weeks of her collecting her own evidence, building timelines, and submitting videos before someone listened. Finally, she received an email from the Columbine Valley police chief acknowledging her efforts in an email saying, "nicely done btw (by the way)," and informing her the summons would not be filed. Elser also found the theft video (which the police officer refused to show her) on Nextdoor, reports Electrek. "The woman has the same color hair, but different facial and nose shape and apparent age than Elser, which is all reasonably apparent when viewing the video..." But Elser does drive a green Rivian truck, which police knew had entered the neighborhood 20 times over the course of a month. (Though in the video the officer is told that a male driver in the same household passes through that neighborhood driving to and from work.) The problem may be their certainty — derived from Flock's network of cameras that automatically read license plates, "tracking movements of vehicles wherever they go..." The system has provoked concern from privacy and freedom focused organizations like the Electronic Frontier Foundation and American Civil Liberties Union. Flock also recently announced a partnership with Ring, seeking to use a network of doorbell cameras to track Americans in even more places.... [The police] didn't even have video of the truck in the area — merely tags of it entering... (it also left the area minutes later, indicating a drive through, rather than crawling through neighborhoods looking for packages — but police neglected to check the exit timestamps)... Elser has asked for an apology for [officer] Milliman's aggressive behavior during the encounter, but has heard nothing back from the department despite a call, email, and physical appearance at the police station. The article points out that Rivian's "Road Cam" feature can be set to record footage of everything happening around it using the car's built in cameras for driver-assist features. But if you want to record footage all the time, you'll need to plug in a USB-C external drive to store it. (It's ironic how different cameras recorded every part of this story — the theft, the police officer accusing the innocent woman, and that innocent woman's actual whereabouts.) Electrek's take? "Citizens should not need to own a $70k+ truck, or even a $100 external hard drive, to keep track of everything they do in order to prove to power-tripping officers that they didn't commit a crime."

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Adios, Windows: These alternatives make switching from Microsoft easy - PCWorld

Linux News - 12 hours 19 min ago

Adios, Windows: These alternatives make switching from Microsoft easy PCWorld

Categories: Linux

Ongoing Ransomware Attacks Exploit Linux Vulnerability, CISA Warns - Forbes

Linux News - 12 hours 44 min ago

Ongoing Ransomware Attacks Exploit Linux Vulnerability, CISA Warns Forbes

Categories: Linux

Linux 6.18-rc4 Introducing More AMD 6 Model IDs, Other x86 Fixes - Phoronix

Linux News - 13 hours 12 min ago

Linux 6.18-rc4 Introducing More AMD 6 Model IDs, Other x86 Fixes Phoronix

Categories: Linux

Daylight Saving Time: Still Happening. Still Unpopular

Slashdot.org - 15 hours 45 min ago

Millions will set their clocks back an hour tonight for Daylight Saving Time — only to set them forward an hour six months later. But does anyone like doing this, asks Yahoo News: A recent AP-NORC poll found that about half of the American public, 47%, oppose the current daylight saving time system, compared to 40% who neither favor nor oppose the current practice, while 12% favor the current system, which involves most states switching their clocks twice a year. Of those polled, 56% would prefer to have daylight saving time year-round, meaning less light in the morning for a tradeoff of more light in the evening. While 42% of Americans said they would prefer to have standard time year-round, which means more light in the morning and less light in the evening. And 12% of Americans prefer switching between standard time and daylight saving time. Sleep doctors would prefer we switch to standard time permanently. "The U.S. should eliminate seasonal time changes in favor of a national, fixed, year-round time," the American Academy of Sleep Medicine said in a statement published in the Journal of Clinical Sleep Medicine last year. "Current evidence best supports the adoption of year-round standard time, which aligns best with human circadian biology and provides distinct benefits for public health and safety."

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