Faster, Cheaper, Better AI

Happy Thursday.

The Dow Jones Industrial Average has passed the 28,000 mark, apparently prompted by news that China and the U.S. are zeroing in on a trade deal.

And to help with translation of any future meetings between the parties, they might want to consider the Google real-time translation that works in conjunction with Google Assistant now on mobile devices.

The new feature is now available in 44 languages, and should help you more easily ask directions to the nearest metro station around the globe.

The AI juggernaut of apparently continued unabated this year, according to the AI Index Report, which reported a 300% rise in research papers.

The report generally aspires to get a handle on AI progress, yet another headline seems to be that while AI is on the march, we’re a long way from reaching “general intelligence.”

The U.S. continues to lead in terms of private investment (just under $12B, compared to China’s $6.8B, which places them in second).

Algos are coming faster, cheaper, smarter, easier to train, and self-driving cars continue to get more investment than in any other field.

I eagerly await the algo and/or SDV that can cleverly route me from north to south Austin in rush hour without raising my blood pressure!

New (Google Ad) Rules

Google is jumping on the political advertising guard rail bandwagon, announcing new limits on its microtargeting to age, gender, and general location (zip code). Google will also continue to allow retargeting based on content of website visits.

They will no longer allow ads to be directed to specific audiences based on public voting records or political affiliations (“left-leaning,” “right-leaning,” etc.)

The policies will impact both Google search results, on YouTube, and via the Google Content Network which displays ads on other sites.

The move left many politicos stunned, for in past campaigns they have leaned mightily on microtargeting specific sets of voters, an efficiency that makes many grassroots campaigns financially feasible.

Also on the GOOG front…remember Google Duplex, the creepy-crawly AI that would sound like a human and call to make your hair appointments? Well, Duplex is now officially moving beyond the confines of voice ops and launching as “Google Assistant in Chrome” as a streamlined workflow to help you buy movie tickets.

Next up: Streamlining the process of renting a car. And then?…maybe using Google Duplex to more easily buy political search ads from Google??!

Cached Check

Good morning.

Google’s apparently following Apple and others’ leads and becoming the next big tech firm to move into finance.

Specifically, to offer checking accounts to consumers through Project “Cache,” whereby the company will partner with banks and credit unions to offer the new services.

What’s in it for Google? More consumer information and insight, particularly around personal finances. ‘Cause nothing could ever go wrong there.

To whit: The FT is reporting that popular health websites in the UK are sharing sensitive user data with dozens of companies including Google and Facebook (including medical symptoms and diagnoses). This info would presumably be protected under GDPR, but you should probably talk to your family doctor first.

More digital money stuff…Facebook has dropped Libra but added “Facebook Pay,” which will allow users to shop, donate to causes, send money to friends, etc on Facebook, Messenger, and Instagram. Don’t ask for change.

Today’s funding fun: DoorDash is raising $100M from T. Rowe Price Group and others to bring it to a $13B valuation. And digital freight marketplace Convoy, which matches truckers with cargo shippers, has raised a $400M Series D at a $2.75B valuation.

10-4, Billy Big Rigger!

Data Ignorance is Strength!

It is Tuesday. The rest of the country (world?) is talking about the pending public hearings on the impeachment inquiry.

But I’m going to talk about data and algos.

First, Google. It was reported yesterday by the WSJ that the company is engaged with Ascension on a project to collect and crunch the detailed personal-health information of millions of people across 21 states.

Data like lab results, doctor diagnoses, hospitalization records, and personal data including health histories, patient names, and dates of birth. 

Calling Dr. Google, Dr. Fine, Dr. Howard!

Microsoft, meanwhile, indicated in a blog post that it would honor Calilfornia’s digital privacy law throughout the entire U.S., an attempt to elude a patchwork of state data privacy laws and a call for federal privacy legislation.

And then there’s the new Apple Card algorithm which is being probed by the New York Department of Financial Services for alleged algorithmic gender discrimination.

There have apparently been several instances where Apple and banker Goldman Sachs Group are giving husbands credit limits of up to 20 times to that of their wives.

Including, with much irony, Apple co-founder Steve Wozniak.

“So 1984 won’t be like…1984.”

 

Go Pixelbook

I was too busy being busy to watch yesterday’s Google announcement, but here’s my short list of what I saw announced: Pixelbook Go Chromebook, Pixel 4/4XL smartphones (with gesture controls and “Face Unlock,” Nest Mini, Nest WiFi, and Pixel Buds. And a Pixel 4 Recorder app that can record and transcribe audio simultaneously (that one actually sounds handy).

The Pixelbook Go is probably the most alluring of the shiny new GOOG objects, and the $649 makes it Google’s most affordable Chromebook yet – although this version won’t flip into tablet mode (only major downside I read about).

I bought a Pixelbook and a year and a half later am still most pleased with the product. While it runs no Mac or Wintel programs, I’ve spent far less time updating or maintaining the Chromebook than any other computer I’ve owned, pretty. And while it doesn’t necessarily do everything I want it to, it does pretty much everything I need it to. 

Meanwhile, LinkedIn has thrown down the gauntlet against WeWork and its “Meetup” group. The company has launched a new “Events” feature, a free tool to plan, announce, and invite people to meetups. This just WeWork/Meetup has faced a backlash for announcing a $2/per-RSVP service charge.

Yeah, Meetup not WeWorking.

What’s in a Domain Name Server?

Happy Monday.

The news you need to know about this fine Monday morning (that doesn’t involve impeachment inquiries): Google and Mozilla are looking to encrypt the Internet domain name system (better known as DNS), which could keep bad actors from snooping on websites and spoofing.

But which could also keep ISPs from gathering user data because the browser session data would become opaque to them.

As a report in The Wall Street Journal observed, Google indicated it is making this move to improve users’ security and privacy and will leave consumers more in charge of who shares their Internet data.

Though ISPs are logically concerned by the move, so are the Three Letter Agencies, for which the move could make it more difficult to monitor Internet traffic.

And with Google operating its own DNS service, the story cites that some “are concerned that the DNS upgrade could ultimately concentrate too much off the Internet’s traffic in the hands of Google.”

Engadget is reporting separately that this move is “raising hackles among American officials” and that the U.S. Department of Justice has received complaints and the House Judiciary Committee is investigating.

Turns out the answer to the question “What’s in a name?” is, quite a bit.

Investitech

It’s Friday the 13th. And the U.S. investigatory knives have come out for Big Tech in the U.S. House of Representatives.

As The New York Times reports, a House committee investigating Amazon, Apple, Facebook and Google over possible antitrust violations today sent the four companies detailed requests for documents, emails and other communications.

According to the report, investigators are seeking information on the companies’ businesses, acquisitions and conduct in digital markets including internet search, advertising and e-commerce.

The Times report suggests the House documents indicate congressional staff have “done considerable homework on the companies under scrutiny,” with one request to Google naming 14 senior executives and asking for their communications on a series of company moves that included Google’s purchase of DoubleClick in 2008 and AdMob in 2011.

Similarly, with Facebook, the House is asking for extensive internal information about its acquisitions of Instagram in 2012 and WhatsApp in 2014. Both companies were, at the time of their acquisition, “potentially emerging competitors” until Facebook bought them.

The House inquiry joins several other investigations into big tech, including the Justice Department and the Federal Trade Commission.

Knock Knock

Happy Hump Day.  The GZERO Signal warns this morning that the AI backlash has been recently accelerating.

Noting Bernie Sanders becoming the first 2020 prez candidate to call for an outright ban on facial recognition in policing….European policymakers weighing regs to curtail “indiscriminate” use of AI by companies and governments…Hong Kongers donning masks to prevent authorities from using their faces ID to them.

Wayback machine “Minority Report” showing, anyone? I’ll bring the GMO popcorn!

On the Chimerica front, the Google’s apparently taking no chances on the US-China trade war. 9to5 Google is reporting the Droid is set to move production of its Pixel phone from China to Vietnam, but suggest it’s unclear whether this move will affect the production of the upcoming Google Pixel 4.

If it did, that would be some awfully fast production line and supply chain retooling. Good morning, Vietnam!

Google is also putting its algos to work on the Nest Hello doorbell, which The Verge is reporting can now detect deliveries and notify U.S. users of such for a mere $5/month with its Nest Aware service.

No word yet if the Nest Hello could help say goodbye to porch thieves watching your arriving Prime packages.

Autonomous Theft

Big IP theft news coming out of the Valley this PM.

The New York Times and others are reporting that Anthony Levandowski, a self-driving technology guru, was charged by federal prosecutors on Tuesday with 33 counts of theft and attempted theft of trade secrets from Google.

This could present a new front in the all-out IP war between the major autonomous driving players: Uber, Google’s self-driving outfit, Waymo, potentially others.

The cause of action? Mr. Levandowski is alleged to have downloaded more than 14k files containing “critical information about Googles autonomous-vehicle research before leaving the company in 2016.” And then transferred those files to his personal laptop…which was a no-no.

The files he’s alleged to have stolen contained drawings and schematics pertaining to circuitry and LIDAR laser-sensors used in Google’s self-driving cars.

Here’s what the U.S. attorney, David L. Anderson, had to say in a statement issued by the DOJ: “All of us have the right to change jobs; none of us has the right to fill our pockets on the way out the door. Theft is not innovation.”

If convicted of the charges against him, Levandowski faces a maximum sentence of 10 years and a fine of $250,000. Leave those USB sticks at home, kids!

T-Mobile Doesn’t Fold

Apple’s deal for obtaining the majority of Intel’s smartphone modem business is a done deal. Estimated transaction value: $1B

To help pay for the deal, Bloomberg is reporting that Apple and Goldman Sachs are issuing a credit card targeted to launch as early as the first half of August.

When Apple starts issuing credit cards, it could be time to start looking for a new phone.

Alphabet (Google) announced earnings yesterday PM, reporting Q2 revenue of $38.9B, up 19% YOY. On its earnings call, the company said its sound business now has an $8B annual revenue rate, double that reported last year.

And Amazon reported Q2 revenue of $63.4B, up 20% YOY, with AWS up 37% YOY – the first sub-40% growth rate since Amazon began sharing AWS figures.

Following up on the revitalized Samsung Galaxy Fold, don’t look for it at T-Mobile, a spokesperson for which indicated that “T-Mobile will not carry the Galaxy Fold because we already offer customers a wide range of the largest smartphones.

Yes, but do any of them fold when they fold?