A very narrow group of people are willing to pay for access to news, and in reality, even fewer people read it. The valuable content in an average telegram blast newspaper or news service is probably about 5%, which is lost in horoscopes, TV schedules, gossip and other crap anyway.
Journalists can boast that Meta without their content is worse, more clickbait-like, while the truth is that they are the losers in this situation, because now their clickbaits have zero reach.
Is Australia destined to suffer Canada’s clickbait fate?
Less than a year after Facebook and Instagram pulled news and messages from their websites in Canada, the number of daily active users has not dropped significantly, but the platforms are seeing a noticeable increase in low-quality clickbait. Meta recently decided to pull news in Australia as well. This is due to a legal obligation imposed on Meta.
Apple charged over €1.8 billion for unfair competition
The European Union has decided to impose a fine of over €1.8 billion on Apple for violating antitrust rules for over a decade. Margrethe Vestager, the European Commissioner for Competition, justifies the decision: “Apple restricted developers from informing consumers about alternative, cheaper music streaming services available outside the to go through so many Apple ecosystem.” This, in turn, contributed to the Cupertino giant gaining a dominant position in the App Store.
AI will get human legs?
Silicon Valley startup Figure AI has secured a massive $675 million in funding from giants like Microsoft, OpenAI, and Nvidia, making it worth around $2.6 billion. The startup’s main goal is to combine AI with robotics to create autonomous, humanoid robots.
Musk Reminds OpenAI’s Mission
Elon Musk, one of the founders of OpenAI, has initiated legal proceedings against the company. Accusing it of abandoning its original mission fans data of developing artificial intelligence for the good of humanity. He claims that OpenAI has failed to serve this purpose, among other things, through its cooperation with Microsoft. In the lawsuit, Musk also stated that the latest version of GPT demonstrates intelligence equal to or exceeding that of humans.