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In this newsletter, A recent bug in Chrome's Password Manager caused passwords to disappear for millions of users, leading to significant inconvenience and highlighting the importance of reliable data management. Additionally, Apple has delayed the release of its highly anticipated Apple Intelligence feature in iOS 18, citing development setbacks as the reason for the postponement. These incidents underline the critical need for thorough testing and quality assurance in software updates.

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In today’s issue:

• Chrome Bug Causes Passwords to Disappear for Millions

• Apple Intelligence Delays iOS 18 Launch

• The Real Cost of the AI Data Rush: Reddit and Google's Partnership

• Misleading AI-Generated Ad

• AI at Paris Olympics

• AI Bubble Analysis

• Using AI in Business

• AI Model Risk Testing

Today’s must read

Chrome Bug Causes Passwords to Disappear for Millions

TL;DR: A bug in Chrome's Password Manager caused passwords to disappear for 15 million Windows users after an update, sparking significant disruption.

Summary: Google recently addressed a bug in Chrome's Password Manager that resulted in the temporary disappearance of passwords for about 15 million Windows users. The issue emerged after users updated to Chrome version 127.0.6533.73, leading to a 17-hour period where stored passwords were inaccessible. Although Google has since released a fix, users were advised to restart their browsers to ensure the solution took effect.

Highlights:

• Bug Impact: Affected approximately 2% of Windows users who updated to Chrome version 127.

• Duration: Issue lasted for over 17 hours before a fix was deployed.

• Solution: Users must restart Chrome or use a command line flag to fully resolve the issue.

Why It Matters:

• User Inconvenience: Disruption caused significant inconvenience for millions of users relying on Chrome for password management.

• Security Concerns: Raised questions about the reliability of browser-based password managers.

• Trust Issues: Incidents like this can affect user trust in software updates and automated password management solutions.

Bottom Line: Google's prompt response to the Chrome Password Manager bug highlights the importance of quick fixes and clear communication to maintain user trust, especially when dealing with sensitive data like passwords.

_{Source: windowscentral}

News from the giants

Apple Intelligence Delays iOS 18 Launch

TL;DR: Apple Intelligence, a key feature in the upcoming iOS 18 and iPadOS, will miss its initial release due to development delays.

Summary: Apple's anticipated AI-driven feature, Apple Intelligence, won't be included in the initial launch of iOS 18 and iPadOS due to setbacks in development. This feature was expected to enhance user experience by integrating more advanced AI capabilities into Apple's ecosystem. The delay suggests the company prioritizes perfecting the feature before release.

Highlights:

• Delayed Release: Apple Intelligence won't launch with iOS 18.

• AI Integration: Aimed at improving user experience through advanced AI.

• Development Focus: Apple ensures feature readiness before rollout.

Why It Matters:

• User Expectations: Delays may impact user anticipation and satisfaction.

• Product Quality: Emphasizes Apple's commitment to delivering polished features.

• Market Position: Highlights the competitive nature of AI advancements in tech.

Bottom Line: The postponement of Apple Intelligence in iOS 18 underlines Apple's focus on quality and readiness, despite potential disappointment for users eagerly awaiting the new AI capabilities.

_{Source: bloomberg}

Privacy

The Real Cost of the AI Data Rush: Reddit and Google's Partnership

TL;DR: Google's partnership with Reddit to access its data for AI training highlights the ethical and financial complexities of the AI data economy.

Summary: Google has entered into a significant partnership with Reddit, paying approximately $60 million annually to license Reddit's data for training AI models. This agreement underscores the increasing demand for high-quality, diverse datasets to train large AI models. However, this data rush raises ethical concerns about privacy, consent, and the transparency of data usage.

Highlights:

• Significant Partnership: Google and Reddit's $60 million per year deal for data licensing.

• Ethical Concerns: Issues surrounding privacy, consent, and transparency in data usage.

• Industry Impact: The growing market for AI training data, with estimates predicting it could reach $30 billion within a decade.

Why It Matters:

• Privacy Issues: The use of personal data without explicit consent raises significant ethical concerns.

• Data Market Growth: The AI data market's rapid expansion highlights the need for regulations and standards.

• Transparency: Ensuring users are aware of how their data is used is crucial for maintaining trust.

Bottom Line: The AI data rush, exemplified by Google's partnership with Reddit, presents both opportunities and challenges. While access to diverse data is essential for AI development, it also necessitates careful consideration of ethical implications and the need for greater transparency and regulation in the data market.

_{Source: intelligencer}

Prompt of today

Prompts:

Create a high-end modern minimalistic iPhone wallpaper featuring a vintage film reel player. The design should incorporate clean lines and a minimalist aesthetic, with simple, sleek representations of film reels, film strips, and control buttons. Use a color scheme of charcoal black, gold, and white to emphasize simplicity and elegance. The overall look should be uncluttered and sophisticated, blending vintage elements with a contemporary minimalistic design. --ar 9:16 --v 6.0

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AI around the world

• Misleading AI-Generated Ad: A misleading AI-generated parody ad involving Vice President Harris and Elon Musk spreads on X, raising concerns about AI's potential for disinformation.

• AI at Paris Olympics: Broadcasters take divergent approaches to using AI at the Paris Olympics, highlighting varied strategies in AI technology and media coverage. Explore the implications.

• AI Bubble Analysis: The article questions whether the AI bubble is deflating as investor enthusiasm wanes and practical challenges arise. Explore the current market dynamics and implications for AI investments.

• Using AI in Business: Learn how businesses can effectively implement AI to streamline operations, enhance decision-making, and drive growth through practical applications and strategic planning.

• AI Model Risk Testing: NIST releases a tool to assess AI model risk, helping organizations evaluate potential vulnerabilities and ensure robust, reliable AI implementations.

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