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Time of India
3 days ago
- Business
- Time of India
Bernie Sanders slams Jeff Bezos' lavish wedding with Lauren Sanchez in Venice: ‘This is obscene'
Senator Bernie Sanders has criticised Amazon founder Jeff Bezos for spending millions on his wedding celebrations in Venice, Italy. Sharing a post on microblogging site X (formerly known as Twitter), Sanders condemned the extravagant spend on the wedding, saying 'This is oligarchy. This is obscene.' He pointed out that while a large number of Americans 'live paycheck to paycheck' and faces issues like hunger, Bezos 'goes to Venice on his $500 million yacht for a $20 million wedding & spends $5 million on a ring'. The comments have added to ongoing protest against Bezos' marriage with fiance Lauren Sanchez . Locals and activists have raised concerns about the disruption caused by the extravagant wedding preparations and the impact of overtourism on the historic city. What Bernie Sanders said about Bezos' lavish wedding In the X post, Sanders wrote 'This is oligarchy. This is obscene. While 60% live paycheck to paycheck & kids go hungry, Jeff Bezos, worth $230 billion, goes to Venice on his $500 million yacht for a $20 million wedding & spends $5 million on a ring while his real tax rate is just 1.1%. End this oligarchy.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Greenpeace joins protest against Jeff Bezos' wedding in Italy Recently, Greenpeace took part in protests in Venice against the wedding of Jeff Bezos and Lauren Sanchez. Protesters held a large banner in St. Mark's Square that read, 'IF YOU CAN RENT VENICE FOR YOUR WEDDING YOU CAN PAY MORE TAX'. According to an Associated Press report, local police quickly removed the banner and asked the small group of demonstrators to leave. The protest is part of the 'No Space for Bezos' campaign, which includes local housing groups, student organisations, and anti-cruise activists. They say the wedding is a symbol of the city's ongoing problems with overtourism and poor local planning. Last week, the group also hung banners from major landmarks and put up posters around the city. Realme GT 7: 7000mAh Battery, 120W Charging & Flagship Power Under Rs 40K! AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
4 days ago
- Business
- Time of India
Australian regulator clashes with YouTube over first-ever teen social media ban exemption
Australia's internet watchdog and Google-owned YouTube engaged in a spat, after the regulator urged the government to reverse its planned exemption for the video-sharing platform from a world-first ban on social media for teens. Australia aims to be the first country to fine social media companies that fail to block users under the age of 16. Where does the issue between Australia-YouTube stems from The government, led by Anthony Albanese, had previously indicated it would grant YouTube a waiver, citing the platform's utility for educational and health content. Other social media giants, including Meta's Facebook and Instagram, Snapchat and TikTok, have argued that such an exemption would create an unfair playing field. eSafety Commissioner Julie Inman Grant revealed she wrote to the government last week, advocating for no exemptions when the law takes effect. She highlighted the regulator's research, which found that 37% of children aged 10 to 15 reported encountering harmful content on YouTube – the highest percentage among all social media sites surveyed. 'This is not a fair fight where our kids are concerned, vis-a-vis social media sites,' Inman Grant said. She contended that social media companies employ 'persuasive design features" like recommendation-based algorithms and notifications to maximise user engagement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo Inman Grant specifically accused YouTube of having 'mastered those, opaque algorithms driving users down rabbit holes they're powerless to fight against.' Google says advice 'inconsistent and contradictory' In a swift rebuttal via a blog post, YouTube accused Inman Grant of providing "inconsistent and contradictory advice." Rachel Lord, YouTube's public policy manager for Australia and New Zealand, asserted that the Commissioner "chose to ignore this data, the decision of the Australian Government and other clear evidence from teachers and parents that YouTube is suitable for younger users," referencing government research that found 69% of parents considered the platform suitable for those under 15. When questioned about surveys supporting a YouTube exemption, Inman Grant firmly stated her priority: "about the safety of children and that's always going to surpass any concerns I have about politics or being liked or bringing the public onside." Realme GT 7: 7000mAh Battery, 120W Charging & Flagship Power Under Rs 40K! AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
4 days ago
- Business
- Time of India
Why Godfather of AI Geoffrey Hinton thinks being a plumber is the ‘best job'
Godfather of AI Geoffrey Hinton Nobel Laureate Geoffrey Hinton , popularly known as the Godfather of AI has warned that AI will soon replace many workers, especially in roles involving routine tasks. Speaking on the Diary of a CEO podcast, Hilton said ''I think for mundane intellectual labour, AI will replace everyone.' He pointed to jobs like call centre workers and paralegal as those most at risk. As for what careers might be future-proof, Hinton had a simple suggestion: 'Train to be a plumber.' 'I'd say it's going to be a long time before [AI is] as good at physical manipulation as us—and so a good bet would be to be a plumber,' he said. Geoffrey Hinton questions the idea of AI creating new jobs Hilton, who left Google in 2023 to openly discuss AI's dangers, said the impact on job is already being felt. 'I think the joblessness is a fairly urgent short-term threat to human happiness. If you make lots and lots of people unemployed — even if they get universal basic income — they are not going to be happy,' he told host Steven Bartlett. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo During the podcast, he also questioned the idea that new roles created due to AI will balance out the jobs lost. 'This is a very different kind of technology,' he said. 'If it can do all mundane intellectual labour, then what new jobs is it going to create? You would have to be very skilled to have a job that it couldn't just do.' Amazon's Andy Jassy and others warns against AI Amidst the emerging threats of AI, companies are preparing for changes. Amazon CEO Andy Jassy recently told the staff that as AI roles are adopted, the e-commerce giant plans to reduce corporate headcount. 'We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,' Jassy wrote in a memo, calling AI 'a once-in-a-lifetime technology.' Dario Amodei, CEO of AI firm Anthropic, also echoed the AI warning, saying that up to half of entry-level white-collar jobs could vanish within five years, pushing unemployment to around 20%. He advised both workers and governments to prepare for a fast shift from AI supporting jobs to fully automating them. Realme GT 7: 7000mAh Battery, 120W Charging & Flagship Power Under Rs 40K! AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
4 days ago
- Business
- Time of India
Steve Jobs' ‘strong message' to engineers that remained Apple's guiding doctrine till his death
Steve Jobs' 'strong message' to engineers that remained Apple's guiding doctrine till his death Apple founder Steve Jobs once told the company engineers that the people who make real breakthroughs are not just thinkers, but also doers. In the early 1990s, Jobs addressed Apple engineers where he said 'The doers are the major thinkers', further citing Leonrado Da Vinci. He added 'Did Leonardo have a guy off to the side thinking five years out what he would paint? Of course not. Leonardo was the artist, but he also mixed all his own paints.' Jobs remained committed to this principle until his death in 2011. 'There is no difference in our industry,' he once said. 'The people that have really made the contributions have been the thinkers and the doers.' This core belief shaped Apple's approach to product design and innovation throughout his leadership. Jobs believed that hands-on work was essential for true creativity and discovery. 'It's very easy to take credit for thinking,' he added. 'Dig a little deeper and you find the people who really did it were also the people that worked through the hard intellectual problems as well,' he then stated. Steve Jobs' beliefs inspire Elon Musk and others by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like เทรดทองCFDsกับโบรกเกอร์ที่เชื่อถือได้| เปิดบัญชีวันนี้ IC Markets สมัคร Undo As per a Benzinga report, Jobs often referred to historical figures like Vinci to explain why Apple blended design, engineering and hardware under one roof. The message continues to influence entrepreneurs today. In 2024, Tesla CEO Elon Musk reposted Jobs' quote mentioned above (The doers are the major thinkers. The people who really create the things that change this industry are both the thinker-doer in one person) on X (formerly Twitter) with a one-word comment: 'True'. Venture capitalist Paul Graham has also said founders learn best 'by building,' not just by thinking. Realme GT 7: 7000mAh Battery, 120W Charging & Flagship Power Under Rs 40K!
Time of India
4 days ago
- Business
- Time of India
Facebook-parent Meta held talks with Runway before investing in Scale AI: Report
Facebook-parent Meta was in talks to acquire AI video startup Runway before finalizing its $14.3 billion investment in Scale AI , reports CNBC. Citing sources familiar with the matter, the report says that the talks with Runway – known for developing AI-powered video generation tools, did not progress and were eventually dropped. The outreach was part of Meta CEO Mark Zuckerberg 's wider efforts to strengthen Meta's artificial intelligence portfolio. Earlier this month, Meta invested $14.3 billion in data-labeling startup Scale AI, taking a 49% stake in a deal. As part of the agreement, Scale's 28-year-old co-founder and CEO, Alexandr Wang, will join Meta to lead its new superintelligence unit, a major shift in the tech giant's AI strategy. Other than ScaleAI and Runway, the company has also shown interest in other AI startups this year. The company reportedly approached Safe Superintelligence and Perplexity AI, although it was unable to acquire Safe Superintelligence outright. However, the social media giant managed to hire Daniel Gross, CEO of Safe Superintelligence, and former GitHub CEO Nat Friedman to join its AI team under Wang's leadership. The company's push into AI also ties into its work with the U.S. defense sector. Meta recently teamed up with Anduril Industries to develop augmented reality devices for the U.S. Army. The companies have submitted a joint bid for contracts worth up to $100 million under a broader $22 billion military modernization program. Realme GT 7: 7000mAh Battery, 120W Charging & Flagship Power Under Rs 40K!
