Bitcoin traders don’t care if we are in a recession or not

Bitcoin traders don’t care if we are in a recession or not

I combed the internet to find the funniest/most important/scary/fascinating stories about technology today.

1 Bitcoin traders don’t care about the recession
The debate about the definition of a recession, and whether we are in one, seems like a distraction. (CoinDesk)
+ Technically, the US may be in recession now, but much of the economy remains strong. (The Guardian)
+ Here’s why the popular definition of a recession isn’t official. (Atlantic $)
+ Bitcoin Value Heading For Best Month Since 2021. (Bloomberg $)

2 Iran is ramping up drone production
He wants to sell them to buyers from abroad, including Russia. (USA $)
+ Why is business booming for a military AI startup?. (MIT Technology Review)

3 The CHIPS Act will not fix the semiconductor shortage
Partly because the shortage seems to be easing anyway. (Recode)
+ The multi-billion package must be invested wisely. (Wired $)
+ Chip makers say they urgently need the subsidies promised by the bill. (FT $)

4 Democrats didn’t release deepfake video of Joe Biden
Despite the best efforts of conspiracy theorists to convince the internet. (BBC)
+ The biggest threat to deepfakes is not the deepfakes themselves. (MIT Technology Review)

5 Online outrage is performative and transitory
Refusing to stoop to their level can make the whole thing less annoying to deal with. (Atlantic $)

6 adhesive patches could change the way we take ultrasounds
Patients could wear them at home, instead of at hospital appointments. (The Guardian)

7 China’s virtual idols were burned
Their fans don’t always consider the people behind the animations. (The rest of the world)
+ How the biggest Chinese influencers on the Internet fell from their thrones. (MIT Technology Review)

8 TikTok is run by strangers, not friends
The platform has successfully rejected the social model represented by Facebook. (The New Yorker $)
+ Instagram has sheepishly (and only temporarily) pulled back some of its much-hated recent changes. (USA $)
+ Facebook has promised to double the amount of AI-recommended content. (Motherboard)
+ Snap and TikTok offer richer, more interesting recommendations than Google. (Slate)

9 This aging research institute wants to help you live better, not longer
But the shadow of the promise of immortality looms large. (Neo.Life)
+ Saudi Arabia plans to spend $1 billion a year on discovering anti-aging treatments. (MIT Technology Review)

10 Meet the people who keep the cloud online ☁️
Often under incredibly punishing conditions. (Aeon)

Quote of the day

“What frustrates me the most is when I’m accused of twisting the truth. As meteorologists, we report the facts. There’s no conspiracy.”

—Meteorologist and weatherman Tomasz Schafernaker tells his employer BBCabout his frustration at the online abuse he received from climate change deniers during the recent severe heatwave in the UK.

Big story

Meet the wounded veteran who received a penile transplant

October 2019

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