Illegal to encourage harm online, The Language Of Business, Traffic Jams Are Our Fault, crypto regulation coming, and Ezytor...

UK government intends to make it illegal to encourage others to harm themselves online

Britain's government intends to make it illegal to encourage others to harm themselves online, and will fine social media companies that fail to remove such material.

Promoting suicide is already illegal, but Britain's digital, culture, media and sport ministry said in a statement that it now wanted to require social media firms to block a wider range of content.

The Conservative government said the proposals aimed to block images and videos similar to those viewed by Molly Russell, a 14-year-old whose death in 2017 sparked ongoing public concern.

In September, the coroner investigating her death ruled that social media platforms had fed content to her which "romanticised acts of self-harm by young people".

Under the proposals, social media companies will have to remove and limit users' exposure to material that deliberately encourages people to harm themselves.

Last week the government said the new legislation would also ban the distribution of sexually explicit images that have been manipulated to look like they feature someone who has not consented to appear in them. Read more...

Artificial Intelligence Needs To Speak The Language Of Business, Not The Other Way Around

The vast majority of business leaders and observers agree that AI can be a huge success for organizations. But many companies haven't yet figured out exactly how to leverage the technology to create value.

That's the finding from a new survey from Deloitte, which found that an impressive 94% of executives believe AI will be critical to their success over the next five years. Still, as Deloitte's latest research on the state of AI shows, many companies still aren't achieving the value they anticipated — there has been a 29% increase in the share of respondents who identify as AI “underachievers” this year as compared to last year.

The problem is not technology — it's organisational issues holding back progress: industry leaders and observers say it's these organisational issues, rather than technical ones, that are holding back progress. According to Arijit Sengupta, founder and CEO of Aible: "If your AI project looks and feels like a lab experiment and your experts talk about things like log loss instead of revenue or profit," he says, "your AI is almost guaranteed to fail." Read more...

Phantom Traffic Jams Are Our Fault. Super-Smart Cars Could Fix It

As millions of people travel the interstates this Thanksgiving, many will encounter patches of traffic at a standstill for no apparent reason — no construction or accident. Researchers say the problem is you.

Human drivers just don’t do a good job of navigating dense traffic conditions, but an experiment using artificial intelligence in Nashville last week means help could be on the way. In the experiment, specially equipped cars were able to ease rush hour congestion on Interstate 24, researcher Daniel Work said on Tuesday. In addition to lessening driver frustration, Work said less stop-and-go driving means fuel savings and, by extension, less pollution.

The professor of civil and environmental engineering at Vanderbilt University is one of a group of engineers and mathematicians from universities around the U.S. who have been studying the problem of phantom traffic jams after a simple experiment in Japan a dozen years ago showed how they develop. Researchers there put about 20 human drivers on a circular track and asked them to drive at a constant speed. Before long, traffic went from a smooth flow to a series of stops and starts. Read more...

Lawyers see crypto regulation coming in 2023 because industry needs to rebuild trust

In the wake of FTX's collapse, crypto denizens are wondering what's next for their beloved industry. They're not worried about its future, though, or the fact that regulators are taking a closer look at the space.

"Crypto will recover," Katherine Dowling, general counsel member at Bitwise Asset Management, told TechCrunch. "This is not the death of crypto."

Given the belief by many that crypto remains here to stay, it’s worth looking ahead. Crypto denizens certainly are — after the FTX collapse, questions circulated concerning crypto’s future and what regulators would do next.

But disappointment in what FTX’s implosion represents is very hard to overstate. Yesha Yadav, professor of law and director of diversity equity and community at Vanderbilt University, told TechCrunch that “the level of disillusionment disappointment and sense of feeling deceived by FTX is so deep because it was seen as one of the most compliance friendly institutions in the crypto economy and one that would be leading the regulatory efforts."

Now obviously FTX is the “poster child for everything that could go wrong," Yadav said. Its downfall has regulators going back to the drawing board. “They might have to do something different, more far-reaching and strict in response to what happened.” Read more...


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