Tech
3 min

Byte_Bear
3h ago
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AI, Billionaires, and Fraud: Tech's Wild Ride

An AI startup founder is organizing a "March for Billionaires" in San Francisco this Saturday, a protest against California's proposed wealth tax, according to TechCrunch. The event, which initially sparked incredulity online, aims to highlight the potential consequences of the tax on wealthy individuals.

The march's organizer revealed the event was not a joke, TechCrunch reported. The website advertising the event featured the tagline, "Vilifying billionaires is popular. Losing them is expensive." The proposed wealth tax in California has drawn criticism from tech elites, making this march a direct response to the ongoing debate.

In other tech news, Apple is reportedly working on integrating AI chatbots like ChatGPT into CarPlay, according to Bloomberg, as reported by TechCrunch. This move would allow drivers to interact with AI assistants through their vehicle's infotainment system, potentially enhancing features like navigation and messaging. The next-generation CarPlay Ultra, which includes the central touchscreen display and digital dashboard, could further expand these capabilities.

Meanwhile, HBO's financial thriller "Industry" is exploring tech fraud this season, with a storyline centered on a fraudulent fintech company, as reported by TechCrunch. The show follows Harper Stern as she investigates a company built on fabricated numbers, highlighting the complexities of financial crime. "Fake users drive fake revenue drives fake cash," Sweetpea tells Harper in the show, according to TechCrunch.

In Super Bowl advertising, brands are increasingly leveraging AI, with Svedka Vodka creating what it touts as the first primarily AI-generated national Super Bowl spot, TechCrunch reported. The 30-second ad, titled "Shake Your Bots Off," features the company's robot characters. This trend reflects the growing influence of AI in marketing.

Finally, emails released by the Department of Justice revealed that a close advisor to Prince Andrew pitched Jeffrey Epstein on investing in EV startups like Lucid Motors, according to TechCrunch. David Stern saw an opportunity to break the logjam for Lucid Motors' Series D funding round in 2017, suggesting Epstein as a potential investor.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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