Political operatives are faking voter outrage with millions of made-up comments to benefit the rich and powerful

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A fierce battle over the regulation of the internet was riddled with millions of fake comments in the most prolific known instance of political impersonation in US history.

Sarah Reeves sat on her couch in Eugene, Oregon, staring at her laptop screen in furious disbelief. She was reading the website of a government agency, where her mother appeared to have posted a comment weighing in on a bitter policy battle for control of the internet. Something was very wrong.

For a start, Annie Reeves, who loved to lead children’s sing-alongs at the Alaska Zoo, had never followed wonky policy debates. She barely knew her way around the web, let alone held strident views on how it should be regulated — and, according to her daughter, she definitely didn’t post angry comments on government websites.

But Sarah Reeves had a more conclusive reason to feel sure her mother’s name had been taken in vain: Annie Reeves was dead. She died more than a year before the comment was posted.

Continue reading… “Political operatives are faking voter outrage with millions of made-up comments to benefit the rich and powerful”

Generation Z & the fast fashion paradox

 

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If the last year or so has taught us anything about Generation Z – the age group born post-1996 – it’s that they’re environmentally woke. While millennials’ memories of adolescence might consist of MySpace and MSN, for today’s teens and early twentysomethings, school strikes and climate marches to protest the state of the Earth they’re set to inherit are just another Friday. Then there’s 16-year-old Greta Thunberg, an emblem of Gen Z climate-consciousness, who in the past month has dominated headlines for her carbon-neutral yacht expedition across the Atlantic to speak at the UN’s climate conference. Millennials may have been the first group to grow up with an awareness of the climate crisis but it’s their successors who are collectively taking action.

And yet when it comes to fashion – one of the most polluting industries on the planet – Gen Z presents something of a paradox. As the first cohort of digital natives, their coming-of-age has coincided with the height of social media and, subsequently, the advent of ultra-fast fashion brands that target young people online with enticing discounts and influencer partnerships. If sales are anything to go by, the strategy works: Boohoo PLC (which owns Boohoo, Pretty Little Thing and Nasty Gal among others) is expected to hit £1.9 billion in revenue by the end of this year. Environmentally engaged yet seduced by what’s new and ‘now’, it’s tricky to tell whether fashion in the hands of the youngest generation is moving towards a more sustainable model – or bound to be faster than ever.

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Should central banks issue digital currency? Suddenly, it’s an urgent question.

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Stable digital currencies—and particularly Facebook’s plans to launch one—have central bankers playing defense.

For years, powerful central banks around the world have claimed to be studying digital currencies, and most have left open the possibility that one day they might launch their own. That day may be dawning—much earlier than anyone expected.

In a recent blog post, IMF economists Tobias Adrian and Tommaso Mancini-Griffoli called on policymakers to take “prompt regulatory action” to address the “notable risks” posed by privately issued digital currencies, called stablecoins, that are designed to maintain a consistent value. More to the point: central banks may need to get into the stablecoin business themselves.

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We’re about to find out if airlines really did stuff too many seats on their planes. We might not like the result

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Forget comfort, are these seats, on display by Spirit Airlines at an airline industry conference in Los Angeles last month, too close to be safe? The FAA will test to see if U.S. airlines meet evacuation time requirements

Many Americans will likely be rooting for 720 volunteers to fail, miserably, when they participate in a series of FAA tests next month to see if today’s larger, wider and taller passengers can safely evacuate an airplane in less than 90 seconds.

But if those volunteers do fail it could become for the rest of us the best illustration ever of the old warning to be careful for what you wish – you just might get it.

Upon orders contained in legislation passed last year by Congress, the Federal Aviation Administration in November will conduct 12 days of aircraft emergency evacuation tests. Last year, when Congress was considering the bill to reauthorize the FAA and its administration of safe air operations in this country not nearly enough votes could be mustered to support various proposals reintroduce elements of economic regulation back into the world of air travel. But so incensed were our federal lawmakers by U.S. airlines’ maniacal stuffing of more and more seats – each of them seemingly designed by medieval torture machine makers – into their planes that a large majority in both houses eagerly voted to order the FAA to conduct a new round of evacuation tests.

Continue reading… “We’re about to find out if airlines really did stuff too many seats on their planes. We might not like the result”

How a robot that makes 300 pizzas an hour will create more jobs

 

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Lower costs equals more opportunities.

A little startup in Seattle is about to flip the pizza business. Literally.

The company is called Picnic and for the past few years it’s been operating under the radar while it develops a propriety robot that makes pizzas. A lot of pizzas. Like, 300 pizzas in an hour.

According to Geekwire’s James Thorne, who visited the company to take a peek at the pizza-making robots himself, he was surprised to find that the machines were far from industrial-looking. “Instead,” he wrote. “It looked like a white, kitchen-sized iPhone. It could theoretically be installed in a food truck.”

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Why some say college is no longer the sure path to success

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An alarming—yet illuminating—new study conducted by Third Way, a Washington, D.C.-based think tank, concludes that many who go to college come out earning less than the typical salary of a high school graduate. Contrary to popular opinion, which contends that the path to success is rooted in attaining a college education, the findings indicate that half of U.S. colleges in 2018 left their students earning under $28,000 a year.

In past generations, primarily the upper-class, wealthy elites attended universities. After World War II and the passing of the G.I. bill, soldiers returning from the battlefields were offered financial assistance to attend college—and they did so in large numbers. Slowly over time, in the ensuing decades, enrolling into college became almost commonplace for the average American. Today, there is great pressure put upon high school students to attend universities—even if they lack the aptitude or interest. Sometimes the pressure exerted on kids to attend top-tier institutions is intense. This was clearly exemplified by the recent college admittance scandal, in which the rich and famous parents allegedly bribed school officials to get their children into ivy league and top-tier universities.

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A floating device created to clean up plastic from the ocean is finally doing its job, organizers say

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The Ocean Cleanup’s System 001/B collects and holds plastic until a ship can collect it.

Could this giant floating pipe clean up 90% of ocean plastic?

(CNN)A huge trash-collecting system designed to clean up plastic floating in the Pacific Ocean is finally picking up plastic, its inventor announced Wednesday.

The Netherlands-based nonprofit the Ocean Cleanup says its latest prototype was able to capture and hold debris ranging in size from huge, abandoned fishing gear, known as “ghost nets,” to tiny microplastics as small as 1 millimeter.

“Today, I am very proud to share with you that we are now catching plastics,” Ocean Cleanup founder and CEO Boyan Slat said at a news conference in Rotterdam.

The Ocean Cleanup system is a U-shaped barrier with a net-like skirt that hangs below the surface of the water. It moves with the current and collects faster moving plastics as they float by. Fish and other animals will be able to swim beneath it.

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Welcome to the ‘Airbnb for Everything’ Age

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In the sublet economy, you can turn anything into extra cash: your house, your car, your boat, or your backyard.

Jaclyn Baumgarten grew up sailing on Lake Michigan. Her happiest memories take place on boats with her family, carefree on the open water; as adults, her older brothers both purchased boats so they could extend their nautical adventures. So when they each called one week to separately complain about the expensive upkeep on boats they barely used, Baumgarten set out to solve the problem.

Baumgarten turned her brothers’ headaches into Boatsetter, “the Airbnb for boats.” Boat owners can list their vessels on the platform, and people who want a day on the water can rent one for a few hundred dollars. The platform handles the peer-to-peer insurance and offers a network of captains who, for a fee, can take out groups without any sailing experience.

Boatsetter is among a growing number of startups forging new rental marketplaces for luxuries like boats, extra bedrooms, or backyard space. Call it the sublet economy. Everything you own can become an source of extra income, and everything you want to rent can be leased from a friendly stranger.

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Robots are conducting job interviews now

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An A.I. might also “reduce unconscious bias and promote diversity” in the workplace.

Are you ready to be interviewed by a robot? Well, you better get ready. Artificial intelligence just started being used for job interviews for the first time in England, and it may only a matter of time before this becomes common practice in the United States.

The major consumer goods company Unilever and other companies are now using artificial intelligence designed by an American company called HireVue to assist with with interviews in England. Here’s how it works, according to HireVue: The interviewee uses their phone or laptop to answer a set of predetermined questions, and the AI analyzes their voice, body language, facial expressions and more to determine if the person is a good candidate for the job. This AI was created by analyzing over 25,000 videos of job interviews.

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Motorway speed limits could rise to 80mph across the country – and it’s all thanks to electric cars

 

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SPEED limits on motorways across the country could be increased to 80mph, according to the transport secretary.

Grant Shapps said he was “thinking about” increasing the speed limit following a surge in the number of eco-friendly vehicles on the road.

Transport Secretary Grant Shapps said he is considering raising the motorway speed limit to 70mph

Speaking at the Conservative Party conference, Mr Shapps said: “On 80mph speed limits, I’ve been thinking about this issue and maybe even sought advice on the subject of late.

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Robots to replace 200,000 US jobs in banking in 10 years

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As the September jobs report looms, a recent report from Wells Fargo is casting a bleak light on the future of banking jobs.

The report revealed that robots are likely to reduce headcount by 200,000 over the next decade throughout the financial industry in the U.S. Wells Fargo’s Mike Mayo spoke to Yahoo Finance’s On The Move this week and said banks will be investing significantly in technology over the next 10 years.

“The next decade should be the biggest decade for banks in technology in history. You’re about to see the biggest capital for labor swap in history,” Mayo said.

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Amazon reportedly has an ambitious plan to change the way we grocery shop — here’s what we know about it so far

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Amazon is looking into creating a new grocery chain that would likely be separate from Whole Foods, according to The New York Times.

This new chain would blend aspects of online ordering and traditional shopping, and may be inspired by a 2017 internal memo circulated ahead of the Whole Foods acquisition.

The report also describes certain areas in which Amazon has struggled to integrate with Whole Foods, such as when it comes to cutting prices and incorporating the upscale grocer into its delivery system.

Amazon is brainstorming a new type of grocery store that would combine traditional shopping with online pickup, according to The New York Times. Such a move would mark another push by Amazon to establish dominance in the grocery shopping space following its $13.7 billion acquisition of Whole Foods in 2017.

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