Who’s right about AI?

Elon Musk and Eric Schmidt photo

 

Nothing is more exciting than hearing two futurists argue about the implications of AI. Eric Schmidt is now on record calling out Elon Musk about his doomsday point of view about AI. A while back, Elon Musk was speaking at SXSW and he is quoted saying AI is more dangerous to humanity than nuclear weapons.

 

“Mark my words, AI is far more dangerous than nukes.” – Elon Musk

 

While that’s a bold statement, you’d have to be very narrow-minded to simply dismiss it. On the other side of the spectrum we have comments from Eric Schmidt that are pretty much shots fired directly at the Elon Musk about his position on AI.

 

“Elon is exactly wrong. My position is clear. He’s wrong. And he’s wrong because he doesn’t understand the benefits that this technology will provide to making every human being smarter. The fact of the matter is that artificial intelligence and machine learning are so fundamentally good for humanity. It makes every citizen smarter, from the best educated to the least. It allows you to live longer, with less pain, less disease.

 

“It allows you to make economic systems and social systems be more fluid. Over and over again making people smarter is a net good. He is concerned about the possible misuse of this technology and I am too, but today the overwhelming benefit of this is positive.” – Eric Schmidt

 

I am team Elon on this one. I know he’s said some crazy shit and loves a government handout, but his concern about the potential threat of AI is real. It’s a self-fulfilling prophecy in my opinion. I believe we should be making safeguards now rather than later. Once singularity is achieved, we are screwed. Eric makes some great points about bettering human lives, but I think he’s been hitting that good grandpa grape kush too much out there in California.

 

EARNINGS

Salesforce is on a roll

  • 25% Increase in Q1 Revenue finishing at $3B
  • $.046 Earnings Per Share at $344M Net Income
  • Projecting $13.125 billion for the year’s total revenue

Salesforce reports Q1 revenue of $3.01B, up 25% YoY, vs. $2.94B est., Sales Cloud revenue of $965M, up 16% YoY, and net income of $344M (Tom Krazit/GeekWire) / Techmeme

 

HP Inc. is playing its cards right

  • HP’s Personal Systems Group or PSG (Think laptop desktop) sales revenue 14.5% to $8.76B
  • PSG holds a 22.6% market share according to IDC
  • Overall revenue up 13.1% at $14B

HP Inc. beats with Q2 revenue of $14B, up 13.1% YoY, and says its personal systems business, which includes notebooks and desktops, earned $8.76B, up 14.5% YoY (Munsif Vengattil/Reuters) / Techmeme

 

CLICK THROUGH

Facebook releases its U.S. political ad archive / VentureBeat

HP CEO Weisler: Our ‘Disruptive’ 3-D Print Technology Is Gaining Ground / CRN

Microsoft just surpassed Alphabet’s market cap for the first time in 3 years and the race to become the first trillion dollar company is heating up (MSFT, GOOGL) / Tech Insider

Salesforce blows past earnings targets and forecasts a stronger-than-expected year (CRM) / Tech Insider

Online sales still account for less than 10% of all retail sales / Tech Insider

A 27-year-old entrepreneur reveals how he snagged $500,000 from Mark Cuban over a 5-minute email exchange / Tech Insider

Block.one, a Cayman Islands-based firm making a blockchain platform for decentralized apps, is on track to raise $4B+ through a yearlong sale of its EOS tokens (Paul Vigna/Wall Street Journal) / Techmeme

CA Technologies CTO Talks Software Roadmap, The Power Of AI And The Birth Of Xbox / CRN

Cloud is a six-horse race, and three of those have been lapped / The Register – Data Centre

The company that invented the Vespa scooter is now testing this amazing luggage-hauling robot / Tech Insider

Kayla Matthews: The Internet of Things and Our Data-Driven Future / the internet of things – IoT council, a thinktank for the Internet of Things

Evan Spiegel encourages Facebook to ‘copy our data protection practices also’ / Recode – All

Snap CEO Evan Spiegel: Facebook can copy our features, but ‘our values are hard to copy’ / Recode – All

A Cambridge Analytica engineer says he and his colleagues have been flooded with job inquiries by recruiters and big data CTOs who think the scandal is overblown / Tech Insider

Sources: Snapchat is prepping Snapkit platform to let developers bring a version of Snapchat’s camera, a “login with Snapchat” option, and Bitmoji to other apps (Josh Constine/TechCrunch) / Techmeme

Sources: Bird, an electric scooter-sharing startup, is raising $150M led by Sequoia Capital at a $1B valuation and has plans to raise more for this round (Bloomberg) / Techmeme

Acorns says it has 3.5M users investing roughly $50 to $60 per month and has seen 100,000 signups for its $2/month retirement product a month after its launch (Jonathan Shieber/TechCrunch) / Techmeme

PayPal acquires AI predictive retail startup Jetlore / VentureBeat

Research: global smart speaker shipments grew to 9M units in Q1 2018, up 210% YoY; Google sold 3.2M Home and Mini devices, overtaking 2.5M Amazon Echos shipped (Canalys) / Techmeme

HP Execs: The 3-D Channel Opportunity Is Huge, But Requires New Skills For Partners / CRN

PayPal is making 2 tweaks that’ll transform it into a force to be reckoned with (PYPL) / Tech Insider

Inside Pure Storage’s channel program changes / ChannelBuzz.ca

Cohesity, Pure Storage announce snapshot integration around FlashBlade / ChannelBuzz.ca

Imgur Launches Video / Slashdot

Nvidia set to begin construction of 750,000-square-foot Voyager campus / Digital Trends

Snapchat plans to launch a developer kit to let other apps access its AR camera / The Verge

Bird is reportedly raising $150 million at $1 billion valuation / TechCrunch

New Nokia 5.1, 3.1, and 2.1 boast updated chipsets and bigger displays / Digital Trends

The US is losing 36 million urban trees a year / Latest Items from TreeHugger

Scientists Made A Real-Life Flux Capacitor / Futurism

Omnicharge makes compact battery packs to power all of your outdoor adventures / Digital Trends

Intel faces age discrimination allegations following layoffs / Engadget