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The Almighty Buck

Software Glitch Saw Aussie Casino Give Away Millions In Cash 16

A software glitch in the "ticket in, cash out" (TICO) machines at Star Casino in Sydney, Australia, saw it inadvertently give away $2.05 million over several weeks. This glitch allowed gamblers to reuse a receipt for slot machine winnings, leading to unwarranted cash payouts which went undetected due to systematic failures in oversight and audit processes. The Register reports: News of the giveaway emerged on Monday at an independent inquiry into the casino, which has had years of compliance troubles that led to a finding that its operators were unsuitable to hold a license. In testimony [PDF] given on Monday to the inquiry, casino manager Nicholas Weeks explained that it is possible to insert two receipts into TICO machines. That was a feature, not a bug, and allowed gamblers to redeem two receipts and be paid the aggregate amount. But a software glitch meant that the machines would return one of those tickets and allow it to be re-used -- the barcode it bore was not recognized as having been paid.

"What occurred was small additional amounts of cash were being provided to customers in circumstances when they shouldn't have received it because of that defect," Weeks told the inquiry. Local media reported that news of the free cash got around and 43 people used the TICO machines to withdraw money to which they were not entitled -- at least one of them a recovering gambling addict who fell off the wagon as the "free" money allowed them to fund their activities. Known abusers of the TICO machines have been charged, and one of those set to face the courts is accused of association with a criminal group. (The first inquiry into The Star, two years ago, found it may have been targeted by organized crime groups.)
Privacy

Hackers Are Threatening To Publish a Huge Stolen Sanctions and Financial Crimes Watchlist (techcrunch.com) 28

An anonymous reader shares a report: A financially motivated criminal hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and financial crime. The hackers, which call themselves GhostR, said they stole 5.3 million records from the World-Check screening database in March and are threatening to publish the data online.

World-Check is a screening database used for "know your customer" checks (or KYC), allowing companies to determine if prospective customers are high risk or potential criminals, such as people with links to money laundering or who are under government sanctions.The hackers told TechCrunch that they stole the data from a Singapore-based firm with access to the World-Check database, but did not name the firm. A portion of the stolen data, which the hackers shared with TechCrunch, includes individuals who were sanctioned as recently as this year.

AI

State Tax Officials Are Using AI To Go After Wealthy Payers (cnbc.com) 103

State tax collectors, particularly in New York, have intensified their audit efforts on high earners, leveraging artificial intelligence to compensate for a reduced number of auditors. CNBC reports: In New York, the tax department reported 771,000 audits in 2022 (the latest year available), up 56% from the previous year, according to the state Department of Taxation and Finance. At the same time, the number of auditors in New York declined by 5% to under 200 due to tight budgets. So how is New York auditing more people with fewer auditors? Artificial Intelligence.

"States are getting very sophisticated using AI to determine the best audit candidates," said Mark Klein, partner and chairman emeritus at Hodgson Russ LLP. "And guess what? When you're looking for revenue, it's not going to be the person making $10,000 a year. It's going to be the person making $10 million." Klein said the state is sending out hundreds of thousands of AI-generated letters looking for revenue. "It's like a fishing expedition," he said.

Most of the letters and calls focused on two main areas: a change in tax residency and remote work. During Covid many of the wealthy moved from high-tax states like California, New York, New Jersey and Connecticut to low-tax states like Florida or Texas. High earners who moved, and took their tax dollars with them, are now being challenged by states who claim the moves weren't permanent or legitimate. Klein said state tax auditors and AI programs are examining cellphone records to see where the taxpayers spent most of their time and lived most of their lives. "New York is being very aggressive," he said.

Bitcoin

Alleged Cryptojacking Scheme Consumed $3.5 Million of Stolen Computing To Make Just $1 Million (arstechnica.com) 34

An anonymous reader quotes a report from Ars Technica: Federal prosecutors indicted a Nebraska man on charges he perpetrated a cryptojacking scheme that defrauded two cloud providers -- one based in Seattle and the other in Redmond, Washington -- out of $3.5 million. The indictment, filed in US District Court for the Eastern District of New York and unsealed on Monday, charges Charles O. Parks III -- 45 of Omaha, Nebraska -- with wire fraud, money laundering, and engaging in unlawful monetary transactions in connection with the scheme. Parks has yet to enter a plea and is scheduled to make an initial appearance in federal court in Omaha on Tuesday. Parks was arrested last Friday. Prosecutors allege that Parks defrauded "two well-known providers of cloud computing services" of more than $3.5 million in computing resources to mine cryptocurrency. The indictment says the activity was in furtherance of a cryptojacking scheme, a term for crimes that generate digital coin through the acquisition of computing resources and electricity of others through fraud, hacking, or other illegal means.

Details laid out in the indictment underscore the failed economics involved in the mining of most cryptocurrencies. The $3.5 million of computing resources yielded roughly $1 million worth of cryptocurrency. In the process, massive amounts of energy were consumed. [...] Prosecutors didn't say precisely how Parks was able to trick the providers into giving him elevated services, deferring unpaid payments, or failing to discover the allegedly fraudulent behavior. They also didn't identify either of the cloud providers by name. Based on the details, however, they are almost certainly Amazon Web Services and Microsoft Azure. If convicted on all charges, Parks faces as much as 30 years in prison.

Government

The IRS's New Tax Software: Rave Reviews, But Low Turnout (washingtonpost.com) 90

An anonymous reader quotes a report from the Washington Post: The Biden administration marked the close of tax season Monday by announcing it had met a modest goal of getting at least 100,000 taxpayers to file through the Internal Revenue Service's new tax software, Direct File -- an alternative to commercial tax preparers. Although the government had billed Direct File as a small-scale pilot, it still represents one of the most significant experiments in tax filing in decades -- a free platform letting Americans file online directly to the government. Monday's announcement aside, though, Direct File's success has proven highly subjective.

By and large, people who tried the Direct File software -- which looks a lot like TurboTax or other commercial tax software, with its question-and-answer format -- gave it rave reviews. "Against all odds, the government has created an actually good piece of technology," a writer for the Atlantic marveled, describing himself as "giddy" as he used the website to chat live with a helpful IRS employee. The Post's Tech Friend columnist Shira Ovide called it "visible proof that government websites don't have to stink." Online, people tweeted praise after filing their taxes, like the user who called it the "easiest tax experience of my life."

While the users might be a happy group, however, there weren't many of them compared to other tax filing options -- and their positive reviews likely won't budge the opposition that Direct File has faced from tax software companies and Republicans from the outset. These headwinds will likely continue if the IRS wants to renew it for another tax season. The program opened to the public midway through tax season, when many low-income filers had already claimed their refunds -- and was restricted to taxpayers in 12 states, with only four types of income (wages, interest, Social Security and unemployment). But it gained popularity as tax season went on: The Treasury Department said more than half of the total users of Direct File completed their returns during the last week.

Communications

Telecom Fights Price Caps as US Spends Billions on Internet Access (washingtonpost.com) 30

AT&T, Charter, Comcast and Verizon are quietly trying to weaken a $42.5 billion federal program to improve internet access across the nation, aiming to block strict new rules that would require them to lower their poorest customers' monthly bills in exchange for a share of the federal aid. From a report: In state after state, the telecom firms have blasted the proposed price cuts as illegal -- forcing regulators in California, New York, South Carolina, Tennessee, Virginia and elsewhere to rethink, scale back or abandon their plans to condition the federal funds on financial relief for consumers. The lobbying campaign threatens to undermine the largest burst of money to upgrade the country's internet service in U.S. history. Enacted by President Biden as part of a sprawling 2021 infrastructure law, the funds are intended to deliver speedy and affordable broadband to the final unserved pockets of America by 2030 -- a goal that the White House likens to the federal campaign nearly a century ago to electrify the nation's heartland.
The Courts

America's Legal System May Be 'Closing In' on Regulating Cryptocurrencies (msn.com) 45

A business columnist at the Los Angeles Times notes Sam Bankman-Fried's judge issued another ruling "that may have a more far-reaching effect on the crypto business.

U.S. Judge Failla "cleared the Securities and Exchange Commission to proceed with its lawsuit alleging that the giant crypto broker and exchange Coinbase has been dealing in securities without a license." What's important about Failla's ruling is that she dismissed out of hand Coinbase's argument, which is that cryptocurrencies are novel assets that don't fall within the SEC's jurisdiction — in short, they're not "securities." Crypto promoters have been making the same argument in court and the halls of Congress, where they're urging that the lawmakers craft an entirely new regulatory structure for crypto — preferably one less rigorous than the existing rules and regulations promulgated by the SEC and the Commodity Futures Trading Commission...

Failla saw through that argument without breaking a sweat. "The 'crypto' nomenclature may be of recent vintage," she wrote, "but the challenged transactions fall comfortably within the framework that courts have used to identify securities for nearly eighty years...." Since Congress hasn't enacted regulations specifically aimed at crypto, Coinbase said, the SEC's lawsuit should be dismissed. The judge's opinion of that argument was withering. "While certainly sizable and important," she wrote, "the cryptocurrency industry 'falls far short of being a "portion of the American economy" bearing vast economic and political significance....'"

Failla's ruling followed another in New York federal court in which a judge deemed crypto to be securities. In that case, Judge Edgardo Ramos refused to dismiss SEC charges against Gemini Trust Co., a crypto trading outfit run by Cameron and Tyler Winkelvoss, and the crypto lender Genesis Global Capital. The SEC charged that a scheme in which Gemini pooled customers' crypto assets and lent them to Genesis while promising the customers high interest returns is an unregistered security. The SEC case, like that against Coinbase, will proceed....

The hangover from March continued into this month. On April 5, a federal jury in New York found Terraform Labs and its chief executive and major shareholder, Do Kwon, liable in what the SEC termed "a massive crypto fraud...." The value of UST fell in effect to zero, the SEC said, "wiping out over $40 billion of total market value ... and sending shock waves through the crypto asset community."

Movies

Struggling Movie Exhibitors Beg Studios For More Movies - and Not Just Blockbusters (yahoo.com) 119

Movie exhibitors still face "serious risks," the Los Angeles Times reported Tuesday: Attendance was on the decline even before the pandemic shuttered theaters, thanks to changing consumer habits and competition for people's time and money from other entertainment options. The industry has demonstrated an over-reliance on Imax-friendly studio action tent poles, when theater chains need a deep and diverse roster of movies in order to thrive... It remains to be seen whether the global box office will ever get back to the $40 billion-plus days of 2019 and earlier years. A clearer picture will emerge in 2025 when the writers' and actors' strikes are further in the past. But overall, there's a strong case that moviegoing has proved to be relatively sturdy despite persistent difficulties.
Which brings us to this year's CinemaCon convention, where multiplex operators heard from Hollywood studios teasing upcoming blockbusters like Joker: Folie à Deux, Furiosa: A Mad Max Saga, Transformers One, and Deadpool & Wolverine. Exhibitors pleaded with the major studios to release more films of varying budgets on the big screen, while studios made the case that their upcoming slates are robust enough to keep them in business... Box office revenue in the U.S. and Canada is expected to total about $8.5 billion, which is down from $9 billion in 2023 and a far cry from the pre-pandemic yearly tallies that nearly reached $12 billion... Though a fuller release schedule is expected for 2025, talk of budget cuts, greater industry consolidation and corporate mergers has forced exhibitors to prepare for the possibility of a near future with fewer studios making fewer movies....

As the domestic film business has been thrown into turmoil in recent years, Japanese cinema and faith-based content have been two of movie theaters' saving graces. Industry leaders kicked off CinemaCon on Tuesday by singing the praises of Sony-owned anime distributor Crunchyroll's hits — including the latest "Demon Slayer" installment. Mitchel Berger, senior vice president of global commerce at Crunchyroll, said Tuesday that the global anime business generated $14 billion a decade ago and is projected to generate $37 billion next year. "Anime is red hot right now," Berger said. "Fans have known about it for years, but now everyone else is catching up and recognizing that it's a cultural, economic force to be reckoned with.... " Another type of product buoying the exhibition industry right now is faith-based programming, shepherded in large part by "Sound of Freedom" distributor Angel Studios...

Theater owners urged studio executives at CinemaCon to put more films in theaters — and not just big-budget tent poles timed for summer movie season and holiday weekends... "Whenever we have a [blockbuster] film — whether it be 'Barbie' or 'Super Mario' ... records are set," added Bill Barstow, co-founder of ACX Cinemas in Nebraska. "But we just don't have enough of them."

Math

73-Year-Old Clifford Stoll Is Now Selling Klein Bottles (berkeley.edu) 46

O'Reilly's "Tech Trends" newsletter included an interesting item this month: Want your own Klein Bottle? Made by Cliff Stoll, author of the cybersecurity classic The Cuckoo's Egg, who will autograph your bottle for you (and may include other surprises).
First described in 1882 by the mathematician Felix Klein, a Klein bottle (like a Mobius strip) has a one-side surface. ("Need a zero-volume bottle...?" asks Stoll's web site. "Want the ultimate in non-orientability...? A mathematician's delight, handcrafted in glass.")

But how the legendary cyberbreach detective started the company is explained in this 2016 article from a U.C. Berkeley alumni magazine. Its headline? "How a Berkeley Eccentric Beat the Russians — and Then Made Useless, Wondrous Objects." The reward for his cloak-and-dagger wizardry? A certificate of appreciation from the CIA, which is stashed somewhere in his attic... Stoll published a best-selling book, The Cuckoo's Egg, about his investigation. PBS followed it with a NOVA episode entitled "The KGB, the Computer, and Me," a docudrama starring Stoll playing himself and stepping through the "fourth wall" to double as narrator. Stoll had stepped through another wall, as well, into the numinous realm of fame, as the burgeoning tech world went wild with adulation... He was more famous than he ever could have dreamed, and he hated it. "After a few months, you realize how thin fame is, and how shallow. I'm not a software jockey; I'm an astronomer. But all people cared about was my computing."

Stoll's disenchantment also arose from what he perceived as the false religion of the Internet... Stoll articulated his disenchantment in his next book, Silicon Snake Oil, published in 1995, which urged readers to get out from behind their computer screens and get a life. "I was asking what I thought were reasonable questions: Is the electronic classroom an improvement? Does a computer help a student learn? Yes, but what it teaches you is to go to the computer whenever you have a question, rather than relying on yourself. Suppose I was an evil person and wanted to eliminate the curiosity of children. Give the kid a diet of Google, and pretty soon the child learns that every question he has is answered instantly. The coolest thing about being human is to learn, but you don't learn things by looking it up; you learn by figuring it out." It was not a popular message in the rise of the dot-com era, as Stoll soon learned...

Being a Voice in the Wilderness doesn't pay well, however, and by this time Stoll had taken his own advice and gotten a life; namely, marrying and having two children. So he looked around for a way to make some money. That ushered in his third — and current — career as President and Chief Bottle Washer of the aforementioned Acme Klein Bottle company... At first, Stoll had a hard time finding someone to make Klein bottles. He tried a bong peddler on Telegraph Avenue, but the guy took Cliff's money and disappeared. "I realized that the trouble with bong makers is that they're also bong users."

Then in 1994, two friends of his, Tom Adams and George Chittenden, opened a shop in West Berkeley that made glassware for science labs. "They needed help with their computer program and wanted to pay me," Stoll recalls. "I said, 'Nah, let's make Klein bottles instead.' And that's how Acme Klein Bottles was born."

UPDATE: Turns out Stoll is also a long-time Slashdot reader, and shared comments this weekend on everything from watching the eclipse to his VIP parking pass for CIA headquarters and "this CIA guy's rubber-stamp collection."

"I am honored by the attention and kindness of fellow nerds and online friends," Stoll added Saturday. "When I first started on that chase in 1986, I had no idea wrhere it would lead me... To all my friends: May you burdens be light and your purpose high. Stay curious!"
Businesses

Auto Insurance Prices Have Gone Nuts (sherwood.news) 178

An anonymous reader shares a report: It's getting to be a bit much. Auto insurance prices have surged over the last couple years. March consumer inflation out Wednesday shows them up 22% compared to last year. Since the end of 2019 -- just before Covid hit -- they're up 45%.

Why? That's where things get complicated. In a prophylactic press release released Wednesday morning, an insurance industry trade group cited "greatly increased the cost of repairing and replacing cars" due to inflation. As anyone who has shopped for a new or used car over the last couple years can tell you, costs have gone up. That goes for the costs of replacing minor parts like bumpers or mirrors as well.

Insurers lost a lot of money on those replacement costs in 2021 and 2022, and are now trying to make that money back by raising rates a lot. Then there's also the the objectively atrocious driving record of Americans. Even before the pandemic, Americans were awful drivers compared to other high income countries, with auto death rates the highest among peer nations. High accident rates are reflected in higher costs of insurance. And of course there's also the old-fashioned profit motive. Insurers are trying to make money and raising rates is the way to do it.

EU

EU's New Tech Laws Are Working; Small Browsers Gain Market Share (reuters.com) 36

An anonymous reader quotes a report from Reuters: Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation forced Alphabet's Google, Microsoft and Apple to make it easier for users to switch to rivals, according to data provided to Reuters by six companies. The early results come after the EU's sweeping Digital Markets Act, which aims to remove unfair competition, took effect on March 7, forcing big tech companies to offer mobile users the ability to select from a list of available web browsers from a "choice screen." [...]

Cyprus-based Aloha Browser said users in the EU jumped 250% in March -- one of the first companies to give monthly growth numbers since the new regulations came in. Founded in 2016, Aloha, which markets itself as a privacy focused alternative to browsers owned by big tech, has 10 million monthly average users and earns money through paid subscriptions, rather than selling ads by tracking users. "Before, EU was our number four market, right now it's number two," Aloha CEO Andrew Frost Moroz said in an interview. Norway's Vivaldi, Germany's Ecosia and U.S.-based Brave have also seen user numbers rise following the new regulation. U.S.-based DuckDuckGo, which has about 100 million users, and its bigger rival, Norway-based Opera (OPRA.O), opens new tab are also seeing growth in users, but said the choice screen rollout is still not complete. "We are experiencing record user numbers in the EU right now," said Jan Standal, vice president at Opera, which counts over 324 million global users.

Under the new EU rules, mobile software makers are required to show a choice screen where users can select a browser, search engine and virtual assistant as they set up their phones. Previously, tech companies such as Apple and Google loaded phones with default settings that included their preferred services, such as the voice assistant Siri for iPhones. Changing these settings required a more complicated process. Apple is now showing up to 11 browsers in addition to Safari in the choice screens curated for each of the 27 countries in the EU, and will update those screens once every year for each country. While DuckDuckGo and Opera are offered in Apple's list, opens new tab in all 27 countries, Aloha is in 26 countries, Ecosia is in 13 and Vivaldi in 8. Google is currently showing browser choices on devices made by the company and said new devices made by other companies running Android operating system will also display choice screen in the coming months. A Google spokesperson said they do not have data on choice screens to share yet.

United States

EPA Announces First-Ever National Regulations For 'Forever Chemicals' in Drinking Water (cbsnews.com) 49

For the first time ever, the Environmental Protection Agency announced Wednesday it is issuing a national regulation limiting the amount of certain per- and polyfluoroalkyl substances, known as PFAS, found in drinking water. From a report: Commonly called "forever chemicals," PFAS are synthetic chemicals found nearly everywhere -- in air, water, and soil -- and can take thousands of years to break down in the environment. The EPA has stated there is no safe level of exposure to PFAS without risk of health impacts, but now it will require that public water utilities test for six different types of PFAS chemicals to reduce exposure in drinking water. The new standards will reduce PFAS exposure for 100 million people, according to the EPA, and prevent thousands of deaths and illnesses.

"Drinking water contaminated with PFAS has plagued communities across this country for too long," EPA Administrator Michael S. Regan said in a statement Wednesday. For public water utility companies to comply with the new drinking water standards, the EPA is making $1 billion available to states and territories to implement PFAS testing and treatment at public water systems. That money is part of a $9 billion investment made possible by the 2021 Bipartisan Infrastructure Law to assist communities impacted by PFAS contamination.

United States

FCC Chair Rejects Call To Impose Universal Service Fees on Broadband (arstechnica.com) 21

The Federal Communications Commission chair decided not to impose Universal Service fees on Internet service, rejecting arguments for new assessments to shore up an FCC fund that subsidizes broadband network expansions and provides discounts to low-income consumers. From a report: The $8 billion-a-year Universal Service Fund (USF) pays for FCC programs such as Lifeline discounts and Rural Digital Opportunity Fund deployment grants for ISPs. Phone companies must pay a percentage of their revenue into the fund, and telcos generally pass those fees on to consumers with a "Universal Service" line item on telephone bills.

Imposing similar assessments on broadband could increase the Universal Service Fund's size and/or reduce the charges on phone service, spreading the burden more evenly across different types of telecommunications services. Some consumer advocates want the FCC to increase the fund in order to replace the Affordable Connectivity Program (ACP), a different government program that gives $30 monthly broadband discounts to people with low incomes but is about to run out of money because of inaction by Congress. The Universal Service funding question is coming up now because, on April 25, the FCC is scheduled to vote on reclassifying broadband as a telecommunications service in order to re-impose the net neutrality rules scrapped during the Trump era. Imposing Universal Service charges on broadband would likely result in ISPs adding those costs to monthly bills and would make the net neutrality proceeding even more of a political minefield than it already is. FCC Chairwoman Jessica Rosenworcel's net neutrality proposal takes the same stance against requiring Universal Service contributions that the FCC took in 2015 when it first imposed the net neutrality rules.

Earth

One of Disneyland's Longest-Running Attractions is Ditching Fossil Fuels (reviewjournal.com) 99

When Disneyland opened in 1955, its car-themed attraction Autopia "represented the future of what would become America's multilane limited-access highways," according to Wikipedia, " which were still being developed. President Eisenhower had yet to sign the Interstate Highway legislation..."

Wikipedia adds that the cars "generate a moderate level of exhaust from the Honda GX gasoline engines that propel the cars." But that may change, according to a climate-oriented newsletter from the Los Angeles Times: If anyone could get away with defending the toxic odor, it might be Bob Gurr. He designed the original Autopia cars in the mid-1950s, working closely with Walt himself. He's proud of what they built together. But today the 92-year-old Disney legend says the polluting motors need to go. "Get rid of those God-awful gasoline fumes," he told me.

Disney is finally preparing to do just that. In news shared exclusively with The Times ahead of this column's publication — after several weeks of my prodding the company for answers on the future of Autopia — Disney officials revealed that pure gasoline engines are on their way out... "As the industry moves toward alternative fuel sources, we have developed a roadmap to electrify this attraction and are evaluating technology that will enable us to convert from gas engines in the next few years," spokesperson Jessica Good said in an email. Good wouldn't confirm whether that means electric vehicles, or if hybrids are a possibility...

[Gurr] also expressed a grander vision for Tomorrowland as a hub for stories about renewable energy, public transit and other sustainable technologies that will help us create a better tomorrow... [H]ow about using the former Innoventions building, which once displayed futuristic technologies but is now closed to most guests, to showcase solar panels, lithium-ion batteries and other clean energy devices that guests might want in their homes...? Why not switch to electric cooking at the Alien Pizza Planet restaurant, and offer induction stove demos for diners? Maybe start screening some National Geographic films (Disney owns NatGeo) at the largely unused Magic Eye Theater...? Add some infotainment-style signs and voice-overs about the wonders of clean energy and public transit, and boom, you've got a Tomorrowland that should leave kids and their parents excited to help build a safer, happier, more sustainable world...

[Gurr] told me that if he could, he'd tear out everything in Tomorrowland except the Monorail and rebuild it as a version of the public transit-oriented futuristic city that Walt once planned for Florida — only with clean energy at the core of its storytelling... At the very least, he said it's time for an Autopia where guests "don't smell the fumes, don't hear that racket of the little motor going putt-putt-putt."

The newsletter agrees electric vehicles for Autopia are "the obvious starting point" for remodeling Tomorrowland with "a buzz of optimism and futuristic energy." ("Solar-panel shade structures over the line would be great too.") They even add that "it's not that it's my job to make money for Disney, but I'm sure the company could find sponsors for this vision of Tomorrowland. There are plenty of renewable energy companies, electric utilities and environmental groups eager to tout their causes and their credentials."

And it shares this observation from climate scientist and communicator Katharine Hayhoe (paraphrasing another scientist who studies climate communications): "Showing people what climate solutions look like is one of the most effective ways to get them to support action." The newsletter's conclusion? "This is where Tomorrowland could prove especially valuable in the fight to save the planet."


Some additional context... Disney's current CEO once said he was "particuarly proud" of the 270-acre, 50+-megawatt solar facility the company brought online in Orlando." And the Washington Post reports that Disney's plans to electrify Autopia "comes as the park is taking steps to decarbonize as part of an effort to reach a goal of net-zero emissions by 2030."
Education

Professors Are Now Using AI to Grade Essays. Are There Ethical Concerns? (cnn.com) 102

A professor at Ithaca College runs part of each student's essay through ChatGPT, "asking the AI tool to critique and suggest how to improve the work," reports CNN. (The professor said "The best way to look at AI for grading is as a teaching assistant or research assistant who might do a first pass ... and it does a pretty good job at that.")

And the same professor then requires their class of 15 students to run their draft through ChatGPT to see where they can make improvements, according to the article: Both teachers and students are using the new technology. A report by strategy consultant firm Tyton Partners, sponsored by plagiarismâdetection platform Turnitin, found half of college students used AI tools in Fall 2023. Meanwhile, while fewer faculty members used AI, the percentage grew to 22% of faculty members in the fall of 2023, up from 9% in spring 2023.

Teachers are turning to AI tools and platforms — such as ChatGPT, Writable, Grammarly and EssayGrader — to assist with grading papers, writing feedback, developing lesson plans and creating assignments. They're also using the burgeoning tools to create quizzes, polls, videos and interactives to up the ante" for what's expected in the classroom. Students, on the other hand, are leaning on tools such as ChatGPT and Microsoft CoPilot — which is built into Word, PowerPoint and other products.

But while some schools have formed policies on how students can or can't use AI for schoolwork, many do not have guidelines for teachers. The practice of using AI for writing feedback or grading assignments also raises ethical considerations. And parents and students who are already spending hundreds of thousands of dollars on tuition may wonder if an endless feedback loop of AI-generated and AI-graded content in college is worth the time and money.

A professor of business ethics at the University ofâVirginia "suggested teachers use AI to look at certain metrics — such as structure, language use and grammar — and give a numerical score on those figures," according to the article. ("But teachers should then grade students' work themselves when looking for novelty, creativity and depth of insight.")

But a writer's workshop teacher at the University of Lynchburg in Virginia "also sees uploading a student's work to ChatGPT as a 'huge ethical consideration' and potentially a breach of their intellectual property. AI tools like ChatGPT use such entries to train their algorithms..."

Even the Ithaca professor acknowledged to CNN that "If teachers use it solely to grade, and the students are using it solely to produce a final product, it's not going to work."
United States

US Invests $20 Billion More to Finance Clean-Energy Projects (msn.com) 86

Thursday America's Environmental Protection Agency "awarded $20 billion to help finance clean-energy projects across the country," reports the Washington Post. The money comes from the Greenhouse Gas Reduction Fund established by President Biden's signature climate law, the Inflation Reduction Act. The fund seeks to leverage public and private dollars to invest in clean-energy technologies such as solar panels, heat pumps and more.

The program is potentially one of the most consequential — yet least understood — parts of the climate law...

Simply put, the program allows people to access low-interest loans for clean-energy projects that they might not otherwise have received. Imagine a community group that wants to install electric vehicle charging stations at its neighborhood recreation center but can't get a loan from a bank or a lender. As is often the case, potential lenders say they're hesitant to support a novel green technology or a business without a track record of success. Low-income and minority communities have long encountered such obstacles in trying to attract private capital. The program aims to overcome this problem by providing a huge influx of federal cash — $27 billion in total — for nonprofit organizations to dole out to clean-energy projects nationwide. Each nonprofit will serve as a "green bank" that offers more favorable lending rates than commercial banks. "It's just really hard to get banks to bring capital into low-income communities, especially for these new projects that they're not used to financing," said Adrian Deveny, the founder of the firm Climate Vision and the former director of energy and environmental policy for Senate Majority Leader Charles E. Schumer (D-N.Y.), a key architect of the Inflation Reduction Act....

The EPA is awarding money to eight nonprofits, which have committed to leverage nearly $7 in private capital for every $1 of federal investment. The nonprofits have also pledged to ensure that at least 70 percent of the funds will benefit disadvantaged communities, and that the financed projects will reduce up to 40 million metric tons of carbon dioxide a year — equivalent to the annual emissions of nearly 9 million gasoline-powered cars... [The nonprofit] Coalition for Green Capital, will use a $5 billion award to establish a "national green bank," co-founder and CEO Reed Hundt said. "We're going to be able to cause about $100 billion of total additional investment over a seven-year time period with that number, because we can leverage it," Hundt said.

Businesses

SK Hynix To Build $3.87 Billion Memory Packaging Fab In the US For HBM4 and Beyond (anandtech.com) 13

Longtime Slashdot reader DrunkenTerror shares a report from AnandTech: SK hynix this week announced plans to build its advanced memory packaging facility in West Lafayette, Indiana. The move can be considered as a milestone both for the memory maker and the U.S., as this is the first advanced memory packaging facility in the country and the company's first significant manufacturing operation in America. The facility will be used to build next-generation types of high-bandwidth memory (HBM) stacks when it begins operations in 2028. Also, SK hynix agreed to work on R&D projects with Purdue University.

The facility will handle assembly of HBM known good stacked dies (KGSDs), which consist of multiple memory devices stacked on a base die. Furthermore, it will be used to develop next-generations of HBM and will therefore house a packaging R&D line. However, the plant will not make DRAM dies themselves, and will likely source them from SK hynix's fabs in South Korea. The plant will require SK hynix to invest $3.87 billion, which will make it one of the most advanced semiconductor packaging facilities in the world. Meanwhile, SK hynix held the investment agreement ceremony with representatives from Indiana State, Purdue University, and the U.S. government, which indicates parties financially involved in the project, but this week's event did not disclose whether SK hynix will receive any money from the U.S. government under the CHIPS Act or other funding initiatives.

Privacy

Commercial Bank of Ethiopia Names and Shames Customers Over Bank Glitch Money (bbc.com) 26

An Ethiopian bank has put up posters shaming customers it says have not returned money they gained during a technical glitch. From a report: Notices bearing their names and photos could be seen outside branches of the Commercial Bank of Ethiopia (CBE) on Friday. The bank says it has recovered almost three-quarters of the $14m it lost, its head said last week. He warned that those keeping money that is not theirs will be prosecuted. Last month, an hours-long glitch allowed customers at the CBE, Ethiopia's largest commercial bank, to withdraw or transfer more than they had in their accounts.
China

China Will Use AI To Disrupt Elections in the US, South Korea and India, Microsoft Warns (theguardian.com) 157

China will attempt to disrupt elections in the US, South Korea and India this year with artificial intelligence-generated content after making a dry run with the presidential poll in Taiwan, Microsoft has warned. From a report: The US tech firm said it expected Chinese state-backed cyber groups to target high-profile elections in 2024, with North Korea also involved, according to a report by the company's threat intelligence team published on Friday. "As populations in India, South Korea and the United States head to the polls, we are likely to see Chinese cyber and influence actors, and to some extent North Korean cyber actors, work toward targeting these elections," the report reads.

Microsoft said that "at a minimum" China will create and distribute through social media AI-generated content that "benefits their positions in these high-profile elections." The company added that the impact of AI-made content was minor but warned that could change. "While the impact of such content in swaying audiences remains low, China's increasing experimentation in augmenting memes, videos and audio will continue -- and may prove effective down the line," said Microsoft. Microsoft said in the report that China had already attempted an AI-generated disinformation campaign in the Taiwan presidential election in January. The company said this was the first time it had seen a state-backed entity using AI-made content in a bid to influence a foreign election.

UPDATE: Last fall, America's State Department "accused the Chinese government of spending billions of dollars annually on a global campaign of disinformation," reports the Wall Street Journal: In an interview, Tom Burt, Microsoft's head of customer security and trust, said China's disinformation operations have become much more active in the past six months, mirroring rising activity of cyberattacks linked to Beijing. "We're seeing them experiment," Burt said. "I'm worried about where it might go next."
The Almighty Buck

Roblox Executive Says Children Making Money On the Platform Isn't Exploitation, It's a Gift (eurogamer.net) 60

In an interview with Roblox Studio head Stefano Corazza, Eurogamer asked about the reputation Roblox has gained and the notion that it was exploitative of young developers, since it takes a cut from work sometimes produced by children. Here's what he had to say: "I don't know, you can say this for a lot of things, right?" Corazza said. "Like, you can say, 'Okay, we are exploiting, you know, child labour,' right? Or, you can say: we are offering people anywhere in the world the capability to get a job, and even like an income. So, I can be like 15 years old, in Indonesia, living in a slum, and then now, with just a laptop, I can create something, make money and then sustain my life. "There's always the flip side of that, when you go broad and democratized - and in this case, also with a younger audience," he continued. "I mean, our average game developer is in their 20s. But of course, there's people that are teenagers -- and we have hired some teenagers that had millions of players on the platform.

"For them, you know, hearing from their experience, they didn't feel like they were exploited! They felt like, 'Oh my god, this was the biggest gift, all of a sudden I could create something, I had millions of users, I made so much money I could retire.' So I focus more on the amount of money that we distribute every year to creators, which is now getting close to like a billion dollars, which is phenomenal."

At this point the PR present during the interview added that "the vast majority of people that are earning money on Roblox are over the age of 18." "And imagine like, the millions of kids that learn how to code every month," Corazza said. "We have millions of creators in Roblox Studio. They learn Lua scripting," a programming language, "which is pretty close to Python - you can get a job in the tech industry in the future, and be like, 'Hey, I'm a programmer,' right? "I think that we are really focusing on the learning - the curriculum, if you want - and really bringing people on and empowering them to be professionals."

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