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Lightmatter’s $400M round has AI hyperscalers hyped for photonic data centers

Photonic computing startup Lightmatter has raised $400 million to blow one of modern data centers’ bottlenecks wide open. The company’s optical interconnect layer allows hundreds of GPUs to work synchronously, streamlining the costly and complex job of training and running AI models. The growth of AI and its correspondingly immense compute requirements have supercharged the […]

Economy Read on TechCrunch
News Image Amazon refreshes its monochrome Kindle lineup, including a bigger Paperwhite

Amazon is shaking up its entire Kindle e-reader lineup today, at least by the slow-moving and relatively placid standards of the e-reader market. The company is announcing a major refresh to the pen-centric Kindle Scribe, a screen-size bump for the mainstream Kindle Paperwhite, and small tweaks to the basic Kindle—a rare simultaneous refresh for devices that the company usually updates one or two at a time. In addition to the monochrome e-readers, Amazon introduced its first color e-reader today. The new Kindle Colorsoft, covered in more detail here, looks almost identical to the new Paperwhite and launches on October 30 for $279.99. Going from most to least significant: The new Kindle Scribe's upgrades are mostly meant to make it a more paper-like writing experience. It has a new textured screen coating, a white screen bezel that blends into the screen (we've also seen this deployed in tablets like the reMarkable Paper Pro), and a tweaked Premium Pen accessory with a "new soft-tipped eraser" that feels more like an actual pencil eraser. Read full article

Business Read on Ars Technica
Amazon’s first color Kindle e-reader, the Kindle Colorsoft, will run you $280

Amazon is overhauling its entire Kindle e-reader lineup today. And nestled among the nice-but- straightforward updates to the base model Kindle, the mainstream Kindle Paperwhite, and the pen-centric Kindle Scribe is a first: the Kindle Colorsoft, Amazon's first color e-reader. The Colorsoft will launch on October 30 and starts at $279.99. That's quite a bit higher than the new Kindle Paperwhite, which starts at $159.99, but it's a little less than the $290 launch price of the now-discontinued Kindle Oasis. The Colorsoft also includes 32GB of storage, wireless charging support, and sensors for automatically adjusting screen brightness and color temperature, all features that are only available in the $200 Kindle Paperwhite Signature Edition. Book covers and illustrations will be displayed in color on the Colorsoft's screen, and it will also support the same color-coded highlighting as the Kindle phone and tablet apps. Monochrome text and images are displayed at 300 PPI, the same as all other devices in the Kindle lineup, while color is displayed at 150 PPI. Read full article

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News Image The First Trailer for Wallace & Gromit: Vengeance Most Fowl Sees an Old Villain Return

The greatest nemesis in animation history is back to menace Wallace and Gromit once more—and maybe this time it'll work.

Entertainment Read on Gizmodo
News Image Amazon finally has a color Kindle, and it looks pretty good

For years, Kindle users have asked Amazon to make a color version of its e-reader. Now, the company is finally delivering: it’s launching the new Kindle Colorsoft Signature Edition, a device that has a lot in common with the new Paperwhite, except instead of black and white it’s color all over. The Colorsoft costs $279.99 and is available for preorder today, with shipments starting October 30th. Making the Colorsoft happen, Amazon executives said at a launch event on Tuesday in New York City, required a lot more than just swapping in a new display. “Frankly, the technology just wasn’t ready” before now, says Kevin Keith, who runs Kindle products for Amazon. “And we now think the tech is ready.” (Kobo, Remarkable, and others might...

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News Image A long time ago, we used to be friends

A lot has been said about TV in 2004. That it was the best year of television of all time, the peak of the Golden Age of television. Or maybe that it was the year reality television became too much, suddenly showing up on every channel as we flipped the switch. But as famed Hollywood producer and UFO enthusiast Bryce Zabel wrote for the Los Angeles Times in 2004, it was the end of television as we knew it. He chalked it up to the prevalence of TiVo and DVR in American households and predicted an upheaval so severe the whole advertising business would crumble — and he didn’t even know about streaming yet. The shift was one that a lot of people felt in real time. For many, it was through the show Lost, which debuted in 2004 and created a...

Entertainment Read on The Verge
News Image Amazon’s new Kindle Scribe takes another step toward pen and paper

Ever since Amazon launched the Kindle Scribe in 2022, the company has been noticing some unusual ways people are using the device. Scribe users read more nonfiction than normal Kindle owners; a full 60 percent of Scribe buyers use the device at work. That’s maybe not shocking, given that the Scribe is the largest Kindle and the one with an included stylus for taking notes. But still: this is maybe the first Kindle ever to not be mostly a reading device, but rather equal parts book and notebook. With the new Scribe, which the company announced on Wednesday (and leaked on Tuesday night), Amazon is leaning into the notebook side of things in a big way. The new Scribe, which will cost $399.99 for a 16GB version (a 32GB is $419.99, while the...

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News Image Amazon’s new seven-inch Kindle Paperwhite is bigger and faster than ever

Amazon introduced updated versions of the Kindle and Kindle Paperwhite on Wednesday, only a few hours after inadvertently leaking them both. The Paperwhite is getting one of its biggest design refreshes ever, with a larger screen that’s completely flush with the bezels of the device, while the entry-level model is getting updated with a pop of color and some speed improvements. We got to try both at Amazon’s launch event in New York City and came away impressed. Neither is a reinvention of the whole Kindle format, but both are nice devices. Of the two e-readers, the Kindle Paperwhite is receiving more significant changes. The e-reader is now bigger, with a seven-inch screen, while boasting the highest contrast ratio of any Kindle. It’s...

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News Image Amazon’s New Kindle Lineup Includes the First-Ever Color Kindle

Amazon just announced four new Kindles, including a revamped Paperwhite, a more capable Scribe, and the first-ever color Kindle.

Business Read on WIRED Top Stories
Amazon revamps Kindle line with faster page turns, AI, and a new green color

Amazon’s Kindle line seems to go longer and longer between updates. While e-readers aren’t quite the consumer electronics darlings they once were, the retail giant is still invested in the category. After all, according to estimates, Amazon controls more than 80% of the U.S. market. Along with the long-awaited addition of a color Kindle, Amazon […]

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Amazon Kindle finally gets color

It’s a big week in Kindle land. Along with refreshes to the base Kindle, Paperwhite, and Scribe, the company is introducing something many of us never expected in a devoted e-reader: color. Earlier this year, Amazon’s chief e-reader competitor, Kobo, introduced the $220 Libra Colour, which leverages color E Ink. The technology has thus far […]

Business Read on TechCrunch
Treehouse uses AI to help electricians install tech like EV chargers and heat pumps more cheaply

The startup seeks to reduce inefficiencies for electricians, including from site visits while quoting jobs.

Business Read on TechCrunch
Fable adds cognitive and hearing impairments to its accessibility tools with $25M round

Fable has gained a reputation as the go-to startup for helping companies build digital products that are more accessible to people with disabilities. After raising $25 million in new funding, the Toronto-based startup is now expanding the communities it supports and working to make AI training data more inclusive. Fable started in 2020 as a […]

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News Image Why some economists are skeptical of this year’s Nobelists

The Nobel Prize in Economics awarded this week to Daron Acemoglu, Simon Johnson, and James Robinson allows a lot of people to feel like winners. (Especially those in the know who refer to the group by the acronym “AJR.”) The general public wins in that all three have, unusually for academic economists, written extensively for lay audiences; Acemoglu and Robinson’s 2012 book Why Nations Fail was a bestseller, and Johnson has had several prominent books on financial regulation and innovation. Economic historians get a win, in that Acemoglu, Johnson, and Robinson’s most famous work was on historical processes of development in former colonies. Lefties win, in that Acemoglu has of late become a vocal proponent of policies to expand worker power and has mused about the possibility of “AI-enabled communism.” Sign up here to explore the big, complicated problems the world faces and the most efficient ways to solve them. Sent twice a week. That said, you don’t get to 4,400 citations without earning a few critics. The fairest hit against the three is that while their theories are elegant, the data underlying them are shaky at best, and the results don’t hold up to scrutiny. That’s not as terrible as it might sound. All science progresses through new findings that themselves are later overturned. I think Acemoglu, Johnson, and Robinson are great economists and even flawed empirical findings can be important in advancing a field. The physicist JJ Thomson — another Nobel winner — famously and erroneously proposed that atoms lacked a nucleus, but that doesn’t make his previous discovery of the electron any less important.  But this week, with considerable and mostly uncritical public attention on the Nobel winners’ work, I think it’s important to talk about its shortcomings, and the need to subject influential findings like theirs to further testing. AJR’s most famous was an intervention into one of the longest-running debates in economics: Why are some nations so rich and other nations so poor?  The collaborators sought to rebut geographic determinists (notably Jared Diamond) who argued characters of the land were responsible for, say, Europe being richer than Africa. AJR’s answer was that some countries had better, more “inclusive” institutions that allowed the fruits of economic growth to be broadly shared, whereas others had “extractive” institutions where a small cabal could capture all the gains. The former grow over the long run; the latter don’t. Their most famous paper, “The Colonial Origins of Comparative Development: An Empirical Investigation,” sought to measure the effect of inclusive versus extractive institutions. To do this, they had to find some factor that caused certain areas to have certain kinds of institutions, but that was otherwise unlinked to their economic development. In econometrics this is called an “instrumental variable,” and the theory is that controlling for such variables lets you isolate the causal effect of the independent variable (in this case, institution type) that you’re studying. Their instrument was “how often European settlers died.” Think about Australia on the one hand and Nigeria on the other. Both were colonized by the United Kingdom; Australia has, I think it’s fair to say, stronger, less corrupt institutions.  What AJR proposed was that Australia became Australia because it was reasonably hospitable terrain for the European colonizers, the many sharks and spiders notwithstanding; they could, and did, move there in large numbers. They then had incentives to build institutions that benefited white settlers. In Nigeria, by contrast, diseases like malaria and yellow fever killed off huge numbers of British settlers, so a similar settlement project couldn’t get off the ground. With comparatively few white settlers, the British didn’t give a shit about building fair institutions, because they were effectively building them for Africans — and the British cared far less about black people’s welfare than white people’s. Sure enough, AJR found that countries with high European settler mortality during colonization have lower per-capita incomes today, which they saw as evidence for their view that institution type is determinative. A nearly as-famous paper the following year, “Reversal of Fortune,” extended the argument, finding that among countries colonized by Europeans, those that were most successful in 1500 (where “success” is measured by urbanization or population density) are disproportionately poor today.  Those results point against geographic explanations, AJR argued, and toward institutional changes wrought by European colonization. There’s a lot that’s appealing about the AJR worldview. Government institutions do seem important; there’s no other plausible reason why South Korea is one of the richest places on Earth and North Korea is perhaps the poorest. The theory is a hopeful one: While countries cannot change their geographies, they can adopt new, better institutions. But do the specific empirical claims AJR made hold up? It doesn’t seem like it. Economist David Albouy offered the most persuasive reply to their 2001 “Colonial Origins” paper by digging into the actual data. AJR used a sample of 64 countries, but only had real data for 28 of them. The other 36 had data that were assigned based on “conjectures the authors make as to which countries have similar disease environments.” As you might expect, making up data on settler mortality for places where we have no data is difficult, and Albouy finds serious flaws in how AJR do it; for six countries, he finds, their estimates “are based on an incorrect interpretation of former colonial names for Mali.”  Once you only look at the 28 countries with non-synthetic data, there’s no relationship between settler mortality and present-day economic outcomes. Worse, even the real data tends to be about soldiers rather than civilian settlers, and soldiers are more likely to die from disease when actively fighting than civilians are.  This biases the results in AJR’s favor, and makes the underlying relationship they posit (that places with higher death rates developed worse institutions) much weaker.  Another reply, by Ed Glaeser, Rafael La Porta, Florencio López de Silanes, and Andrei Shleifer noted that AJR’s data doesn’t distinguish between the effects of institutions and the effects of human capital: Settler colonies like Australia and Canada didn’t merely get more inclusive institutions, but also settlers who were generally much richer and better-educated (at least from a modern capitalist vantage point) than native inhabitants. The researchers conduct their own tests and argue that human capital does a better job explaining growth trajectories than institutions. That doesn’t necessarily make for a bleaker story than AJR (countries can invest in schools and boost human capital), but it’s a different story. Glaeser and co. also highlight problems with the measure of “expropriation risk” (the risk that the government takes all your stuff) used in AJR’s work. This is an important indicator for AJR of whether institutions are inclusive or extractive, but it turns out to just be a subjective 0 to 10 ratings system AJR took from the private firm Political Risk Services, and one with huge problems. “In 1984, the top ten countries with the lowest expropriation risk include Singapore and the USSR,” Glaeser et al note. Are we really expected to believe that your risk of getting your stuff taken by the government was low in the Soviet Union? AJR’s claim of a “reversal of fortune,” with the leading nations of 1500 becoming laggards today, has similarly withered under scrutiny.  Areendam Chanda, C. Justin Cook, and Louis Putterman reevaluated the claim but measured what happened to the descendents of those actual 1500s people, not just the geographic places where they lived. There have been huge movements of people from 1500 to the present, and it doesn’t strictly make sense to compare the Incan Empire to Peru today given how wildly different the people in each were. Chanda et al find that fortune has not reversed, but persisted when you account for population movements: People descended from countries thriving in 1500 were doing better in the 21st century. That’s evidence, they conclude, for the Glaeser et al claim that human capital rather than institutions is the crucial factor here. Again, my takeaway here is not “Acemoglu, Johnson, and Robinson, Nobel-winning economists, are useless.” They’re incredibly useful, and greatly amplified the prestige of these kinds of tough economic history questions within the economics profession.  But I also think their work is a reminder of the old academic cliché that you can either learn something very small about something very big, or something very big about something very small. They were tackling a very big topic, and seemed for a second to grasp something very big about it. Upon inspection, though, it looks a great deal smaller.

Economy Read on Vox
News Image The year of the music licensing legal wars

By the time MGM v. Grokster hit the Supreme Court, the file-sharing industry had been roiling with lawsuits for years. The record labels had sued Napster in December 1999, baptizing the oughties with a spree of copyright litigation. But the public’s appetite for piracy didn’t go away, and for every Napster that was sued into oblivion, three more sprung up in its place. Their names are now commemorated only in the court decisions that eventually destroyed them: Aimster, StreamCast, and of course, Grokster. The Supreme Court agreed to hear the Grokster case in December 2004, and oral arguments took place in March of the following year. The copyright wars had finally arrived before the justices. The court heard first from Don Verrilli, the...

Entertainment Read on The Verge Tech
News Image Why some economists are skeptical of this year’s Nobelists

The Nobel Prize in Economics awarded this week to Daron Acemoglu, Simon Johnson, and James Robinson allows a lot of people to feel like winners. (Especially those in the know who refer to the group by the acronym “AJR.”) The general public wins in that all three have, unusually for academic economists, written extensively for lay audiences; Acemoglu and Robinson’s 2012 book Why Nations Fail was a bestseller, and Johnson has had several prominent books on financial regulation and innovation. Economic historians get a win, in that Acemoglu, Johnson, and Robinson’s most famous work was on historical processes of development in former colonies. Lefties win, in that Acemoglu has of late become a vocal proponent of policies to expand worker power and has mused about the possibility of “AI-enabled communism.” Sign up here to explore the big, complicated problems the world faces and the most efficient ways to solve them. Sent twice a week. That said, you don’t get to 4,400 citations without earning a few critics. The fairest hit against the three is that while their theories are elegant, the data underlying them are shaky at best, and the results don’t hold up to scrutiny. That’s not as terrible as it might sound. All science progresses through new findings that themselves are later overturned. I think Acemoglu, Johnson, and Robinson are great economists and even flawed empirical findings can be important in advancing a field. The physicist JJ Thomson — another Nobel winner — famously and erroneously proposed that atoms lacked a nucleus, but that doesn’t make his previous discovery of the electron any less important.  But this week, with considerable and mostly uncritical public attention on the Nobel winners’ work, I think it’s important to talk about its shortcomings, and the need to subject influential findings like theirs to further testing. AJR’s most famous work was an intervention into one of the longest-running debates in economics: Why are some nations so rich and other nations so poor?  The collaborators sought to rebut geographic determinists (notably Jared Diamond) who argued that the characteristics of the land were responsible for, say, Europe being richer than Africa. AJR’s answer was that some countries had better, more “inclusive” institutions that allowed the fruits of economic growth to be broadly shared, whereas others had “extractive” institutions where a small cabal could capture all the gains. The former grow over the long run; the latter don’t. Their most famous paper, “The Colonial Origins of Comparative Development: An Empirical Investigation,” sought to measure the effect of inclusive versus extractive institutions. To do this, they had to find some factor that caused certain areas to have certain kinds of institutions, but that was otherwise unlinked to their economic development. In econometrics this is called an “instrumental variable,” and the theory is that controlling for such variables lets you isolate the causal effect of the independent variable (in this case, institution type) that you’re studying. Their instrument was “how often European settlers died.” Think about Australia on the one hand and Nigeria on the other. Both were colonized by the United Kingdom; Australia has, I think it’s fair to say, stronger, less corrupt institutions.  What AJR proposed was that Australia became Australia because it was reasonably hospitable terrain for the European colonizers, the many sharks and spiders notwithstanding; they could, and did, move there in large numbers. They then had incentives to build institutions that benefited white settlers. In Nigeria, by contrast, diseases like malaria and yellow fever killed off huge numbers of British settlers, so a similar settlement project couldn’t get off the ground. With comparatively few white settlers, the British didn’t give a shit about building fair institutions, because they were effectively building them for Africans — and the British cared far less about black people’s welfare than white people’s. Sure enough, AJR found that countries with high European settler mortality during colonization have lower per-capita incomes today, which they saw as evidence for their view that institution type is determinative. A nearly as-famous paper the following year, “Reversal of Fortune,” extended the argument, finding that among countries colonized by Europeans, those that were most successful in 1500 (where “success” is measured by urbanization or population density) are disproportionately poor today.  Those results point against geographic explanations, AJR argued, and toward institutional changes wrought by European colonization. There’s a lot that’s appealing about the AJR worldview. Government institutions do seem important; there’s no other plausible reason why South Korea is one of the richest places on Earth and North Korea is perhaps the poorest. The theory is a hopeful one: While countries cannot change their geographies, they can adopt new, better institutions. But do the specific empirical claims AJR made hold up? It doesn’t seem like it. Economist David Albouy offered the most persuasive reply to their 2001 “Colonial Origins” paper by digging into the actual data. AJR used a sample of 64 countries, but only had real data for 28 of them. The other 36 had data that were assigned based on “conjectures the authors make as to which countries have similar disease environments.” As you might expect, making up data on settler mortality for places where we have no data is difficult, and Albouy finds serious flaws in how AJR do it; for six countries, he finds, their estimates “are based on an incorrect interpretation of former colonial names for Mali.”  Once you only look at the 28 countries with non-synthetic data, there’s no relationship between settler mortality and present-day economic outcomes. Worse, even the real data tends to be about soldiers rather than civilian settlers, and soldiers are more likely to die from disease when actively fighting than civilians are.  This biases the results in AJR’s favor, and makes the underlying relationship they posit (that places with higher death rates developed worse institutions) much weaker.  Another reply, by Ed Glaeser, Rafael La Porta, Florencio López de Silanes, and Andrei Shleifer noted that AJR’s data doesn’t distinguish between the effects of institutions and the effects of human capital: Settler colonies like Australia and Canada didn’t merely get more inclusive institutions, but also settlers who were generally much richer and better-educated (at least from a modern capitalist vantage point) than native inhabitants. The researchers conduct their own tests and argue that human capital does a better job explaining growth trajectories than institutions. That doesn’t necessarily make for a bleaker story than AJR (countries can invest in schools and boost human capital), but it’s a different story. Glaeser and co. also highlight problems with the measure of “expropriation risk” (the risk that the government takes all your stuff) used in AJR’s work. This is an important indicator for AJR of whether institutions are inclusive or extractive, but it turns out to just be a subjective 0 to 10 ratings system AJR took from the private firm Political Risk Services, and one with huge problems. “In 1984, the top ten countries with the lowest expropriation risk include Singapore and the USSR,” Glaeser et al note. Are we really expected to believe that your risk of getting your stuff taken by the government was low in the Soviet Union? AJR’s claim of a “reversal of fortune,” with the leading nations of 1500 becoming laggards today, has similarly withered under scrutiny.  Areendam Chanda, C. Justin Cook, and Louis Putterman reevaluated the claim but measured what happened to the descendents of those actual 1500s people, not just the geographic places where they lived. There have been huge movements of people from 1500 to the present, and it doesn’t strictly make sense to compare the Incan Empire to Peru today given how wildly different the people in each were. Chanda et al find that fortune has not reversed, but persisted when you account for population movements: People descended from countries thriving in 1500 were doing better in the 21st century. That’s evidence, they conclude, for the Glaeser et al claim that human capital rather than institutions is the crucial factor here. Again, my takeaway here is not “Acemoglu, Johnson, and Robinson, Nobel-winning economists, are useless.” They’re incredibly useful, and greatly amplified the prestige of these kinds of tough economic history questions within the economics profession.  But I also think their work is a reminder of the old academic cliché that you can either learn something very small about something very big, or something very big about something very small. They were tackling a very big topic, and seemed for a second to grasp something very big about it. Upon inspection, though, it looks a great deal smaller.

Economy Read on Vox
News Image Here’s How to Obtain The BJ’s Membership For Free, While Its Official Price is $55

Your BJ's membership is free if you spend $60 within the first 30 days.

Business Possible ad Read on Gizmodo
Schiphol night flight ban could bring help 9,500 locals, won't affect hub-function much

Closing Schiphol at night would bring peace and quiet to 9,500 locals whose sle

Environment Read on NL Times
Elon Musk’s X dodges EU’s DMA as bloc decides platform isn’t important enough for fairness controls

Elon Musk’s X won’t be regulated under the European Union’s Digital Markets Act (DMA) the Commission decided Wednesday, despite the social media platform hitting usage thresholds earlier this year. The decision means X won’t be subject to the DMA’s list of operational ‘dos and don’ts’ — in areas like its use of third party data […]

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