Fox News AI Newsletter: IBM’s AI warning sends ‘shockwave’

IN TODAY’S NEWSLETTER:
– IBM sends ‘shockwave’ through tech industry with AI warning
– Dimon urges calm over fear about AI’s impact on jobs: ‘Stop being breathless over it’
– AI is changing modern dating, but experts warn it’s making people ‘relationally stupid’
MARKET JOLT: Shares of IBM were down more than 23% when the market opened on Tuesday, raising fresh questions about whether companies are seeing enough near-term returns from artificial intelligence spending.
COOL DOWN: JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty over how AI will impact the workforce and people shouldn’t be “breathless” in their concerns as new technologies have historically created new jobs.
PLUG PULLED: New York’s decision to pause the construction of large artificial intelligence data centers is drawing criticism from some lawmakers and energy officials, who argue the move could weaken the United States’ ability to compete in the global AI race while encouraging investment to move elsewhere.
RARE PRAISE: Rep. Alexandria Ocasio-Cortez, D-N.Y., praised the late Sen. Lindsey Graham for backing legislation that would allow victims of nonconsensual AI-generated deepfake pornography to file civil lawsuits.
‘RELATIONALLY STUPID’: Artificial intelligence has seeped into almost every aspect of modern life, helping users plan vacations, create workout routines and tackle countless everyday tasks. Some have resorted to using it for their love lives by asking chatbots to help them write witty responses to messages, craft dating app profiles and work out relationship issues. However, relationship experts fear that the increased use of AI in dating could lead to disastrous results.
DIGITAL AXE: A group of 26 Meta employees sued the tech giant over accusations that it used AI-powered software to choose people for mass layoffs, disproportionately targeting workers with disabilities or those who took medical, parental or family leave.
LOCAL LIFT: Meta is expanding its massive data center project in Richland Parish, Louisiana, to 5 gigawatts of compute capacity, making it one of the largest data centers in history, the company announced Monday.
ACCOUNT CONTROL: There are few emails that make your stomach drop faster than one about “new privacy settings.” That usually means a company has moved another data switch, renamed a control or tucked a new choice inside an account menu you rarely visit. Google is now rolling out one of those changes for Search services. The setting is called Search Services History. It controls whether Google saves your activity from Search services when you are signed into your Google Account.
SCREEN FREE: A major university is taking aim at tech in a sweeping ban against electronic devices in an effort to “ensure students actually learn to think critically, strategically and independently without relying on AI,” according to administrators.
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