ATT’s 5G, Venezuela Floats the Petro, and AI Ripe for Exploitation

Those Rampancy Checks Don't Mean a Hill of Beans

Those Rampancy Checks Don’t Mean a Hill of Beans

It’s Friday, and I was on the air just in time for the weekend. We talked about AT&T bringing real, not fake, 5G to America, Venezuela’s fake fake currency, Intel’s non-disclosure disclosure, and some good ole news about AI. You can listen to Mark, John, and First News 570 crew by listening here.

ATT ANNOUNCES FIRST THREE CITIES TO 5G WIRELESS
5 Gee, the new wireless standard which promises us the ability to download 5K and high def video over throttled cellular is coming soon. In keeping its promises American Telephone and Telegraph has announced that Waco, Dallas, and Atlanta will be the first of 12 cities to receive the new high speed service. ATT originally planned to rebrand LTE as 5G Evolution but thanks to regulations was cut short of lying to consumers. As a heavy mobile wireless user, I’m excited for 5G to come because it can open up some pretty interesting applications.
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GOVERNMENTS AROUND THE WORLD TIGHTEN REGULATIONS AROUND CRYPTOCURRENCY AS VENEZUELA MAKES ONE
Venezuela has had a tough go of it lately. Once upon a time, Venezuela rose to be a global economic force to be reckoned with. It’s economy was propelled by oil and Chavez would spar with the Bush administration and mock America’s wealth by shipping Citgo heating oil to America’s needy families during the cold months. Well, oil prices fell. By a lot. The Chavez regime nationalized Venezuela’s oil in a bid to prop up the economy and began printing money. People had to wait hours for cash and didn’t know what the price of milk would be until mid-morning. Now, Venezuela is releasing a new cryptocurrency called the petro and claiming that they have raised $735 million ahead of an initial coin offering. Their token exchange and coin offering has been plagued with misinformation and mishaps including not knowing which blockchain tech to use. Like all cryptocurrencies, I’m encouraging you to not buy and instead keep your money in cold hard cash.
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CONGRESS TALKS TOUGH TO TECH COMPANIES AFTER MELTDOWN NON-DISCLOSURE
We reported on the hardware exploits Meltdown and Spectre at the start of this year. This was the same time Intel had notified the government of the exploits as well. Apparently, Intel knew about the exploits because Google told them about it. At the time, Intel didn’t think it would be necessary to alert the US-Computer Emergency Readiness Team (US-CERT) because and I quote, “no indication that any of these vulnerabilities had been exploited by malicious actors.” So, Intel will alert the feds only after they’ve been exploited. Great.
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IN A CAPTAIN OBVIOUS MOMENT EXPERTS EXCLAIM: AI RIPE FOR EXPLOITATION
We love AI. So much that we love reporting when robots attack, AIs dump the English language to communicate in their own tongue, AIs stitch together creepier trailers for horror movies starring AIs, and AIs just being plain bad people. A couple of days ago, experts from around the world published The Malicious Use of Artificial Intelligence report to warn us against ourselves. They cited several instances where AIs can go rogue, or rather rampant: AI super intelligences such as AlphaGO which could be used by hackers to find patterns in code, people could train drones to use facial recognition to kill a person, bots could be used to produce lifelike fake videos for political manipulation, and hackers can use speech synthesis to impersonate real people. They want AI developers to create safeguards and include a broader range of stakeholders for an appropriate use of AI.
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