Connected newsletter: Web turns 35 as AI horror stories continue

Connected Newsletter Connected newsletter: Web turns 35 as AI horror stories continue

FTX co-founder Sam Bankman-Fried has been sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has both captivated and overshadowed the crypto industry. AI continues to dominate the headlines around the world with much of the coverage focusing on the likely negative aspects of artificial intelligence. The Institute for Public Policy Research in Britain has issued a particularly bleak report forecasting that as many as 8 million roles could be lost due to an “jobs apocalypse.” All is not lost however, if steps are taken now to equip workers with the skills they need to adapt, the institute said.

With the latter having already unveiled AI innovations in its Pixel smartphones, and with Samsung having done likewise, it’s Apple’s turn to showcase what it has to offer. It plans to kick off its annual Worldwide Developers Conference on June 10, when the company will unveil its next major software updates for products including the iPhone and iPad, with its new AI strategy will be front and centre for the planned iOS 18 upgrade.

You can’t keep a good man down! Adam Neumann and several partners submitted an offer to buy WeWork out of bankruptcy for more than $500 million , putting one of the tech world’s most controversial founders a step closer to regaining control of his long-troubled start-up.

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