DAILY DIGEST / eBike, cash advance apps, Uber effect and more

January 17, 2024

DAILY DIGEST / eBike, cash advance apps, Uber effect and more

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On my radar

EBIKE

Versatile gravel ebike can ride with or without motor and battery

If you're looking for an ebike that's good for the commute and for weekend exploration of dirt tracks and mountain trails, then a gravel bike could provide the versatility you need. Spain's Crow Bicycles has launched new lightweight Gravital models with SRAM wireless shifting.

Hertz dumping 20,000 EVs is a warning to electric-car owners everywhere

Hertz said expensive repairs helped inform its decision to downsize its EV fleet. The move warns potential EV owners about "hidden" costs. Repairs for EVs can cost more than those for gas-powered cars.

FINANCE

Need money before your next paycheck? These 6 cash advance apps can get you paid early

LAW

A guy is suing multiple women for talking about him in an 'Are We Dating the Same Guy?' Facebook group

Private Facebook groups can be the most fun places to exist online — but they can also be a bit dangerous.

CYBERSECURITY

Don't Engage: 'Pig Butchering' Scams Start With a Text, End in Financial Ruin

Sophos researcher Sean Gallagher explains the tools of a toxic trade.

New UEFI vulnerabilities send firmware devs industry wide scrambling

PixieFail is a huge deal for cloud and data centers. For the rest, less so.

A college senior used AI to try and disprove the long-held belief that all fingerprints are unique

Many software developers don’t trust AI – report

Survey of 13,000 developers finds that most believe AI will reduce their workload and want to use AI more, but many remain skeptical.

Here's how OpenAI plans to address election misinformation on ChatGPT and Dall-E

The company detailed its efforts in a new blog post.

PwC survey: 77% of CEOs concerned about AI cybersecurity risks

Today, almost every enterprise wants to jump on the generative AI bandwagon. They are building interesting new solutions and are bullish on the prospects of the foundation models.

However, according to a new survey of global CEOs conducted by PwC, despite all major benefits, this much-hyped technology can also bring in some major challenges, including potential security risks.

More

Research

CIO

Measuring developer productivity? A response to McKinsey

The consultancy giant has devised a methodology they claim can measure software developer productivity. But that measurement comes at a high price – and we offer a more sensible approach. Part 1.

UBER

Drivers of disruption? Estimating the Uber effect

The “Uber effect”—when Uber let essentially anyone become a taxi driver, the earnings of licensed cabbies fell. For those already in highly skilled, highly paid professions, the distribution of earnings will become more barbell-shaped, with those at the very top of their field still able to command high earnings (and maybe even charge more because they will be providing a level of skill that AI copilots cannot match) while everyone else in the field sees their earnings fall as a whole crop of less skilled people competes to do those jobs with help from AI copilots.