Month: August 2018

20 Aug 2018

Keeping artificial intelligence accountable to humans

As a teenager in Nigeria, I tried to build an artificial intelligence system. I was inspired by the same dream that motivated the pioneers in the field: That we could create an intelligence of pure logic and objectivity that would free humanity from human error and human foibles.

I was working with weak computer systems and intermittent electricity, and needless to say my AI project failed. Eighteen years later—as an engineer researching artificial intelligence, privacy and machine-learning algorithms—I’m seeing that so far, the premise that AI can free us from subjectivity or bias is also disappointing. We are creating intelligence in our own image. And that’s not a compliment.

Researchers have known for awhile that purportedly neutral algorithms can mirror or even accentuate racial, gender and other biases lurking in the data they are fed. Internet searches on names that are more often identified as belonging to black people were found to prompt search engines to generate ads for bailbondsmen. Algorithms used for job-searching were more likely to suggest higher-paying jobs to male searchers than female. Algorithms used in criminal justice also displayed bias.

Five years later, expunging algorithmic bias is turning out to be a tough problem. It takes careful work to comb through millions of sub-decisions to figure out why the algorithm reached the conclusion it did. And even when that is possible, it is not always clear which sub-decisions are the culprits.

Yet applications of these powerful technologies are advancing faster than the flaws can be addressed.

Recent research underscores this machine bias, showing that commercial facial-recognition systems excel at identifying light-skinned males, with an error rate of less than 1 percent. But if you’re a dark-skinned female, the chance you’ll be misidentified rises to almost 35 percent.

AI systems are often only as intelligent—and as fair—as the data used to train them. They use the patterns in the data they have been fed and apply them consistently to make future decisions. Consider an AI tasked with sorting the best nurses for a hospital to hire. If the AI has been fed historical data—profiles of excellent nurses who have mostly been female—it will tend to judge female candidates to be better fits. Algorithms need to be carefully designed to account for historical biases.

Occasionally, AI systems get food poisoning. The most famous case was Watson, the AI that first defeated humans in 2011 on the television game show “Jeopardy.” Watson’s masters at IBM needed to teach it language, including American slang, so they fed it the contents of the online Urban Dictionary. But after ingesting that colorful linguistic meal, Watson developed a swearing habit. It began to punctuate its responses with four-letter words.

We have to be careful what we feed our algorithms. Belatedly, companies now understand that they can’t train facial-recognition technology by mainly using photos of white men. But better training data alone won’t solve the underlying problem of making algorithms achieve fairness.

Algorithms can already tell you what you might want to read, who you might want to date and where you might find work. When they are able to advise on who gets hired, who receives a loan, or the length of a prison sentence, AI will have to be made more transparent—and more accountable and respectful of society’s values and norms.

Accountability begins with human oversight when AI is making sensitive decisions. In an unusual move, Microsoft president Brad Smith recently called for the U.S. government to consider requiring human oversight of facial-recognition technologies.

The next step is to disclose when humans are subject to decisions made by AI. Top-down government regulation may not be a feasible or desirable fix for algorithmic bias. But processes can be created that would allow people to appeal machine-made decisions—by appealing to humans. The EU’s new General Data Protection Regulation establishes the right for individuals to know and challenge automated decisions.

Today people who have been misidentified—whether in an airport or an employment data base—have no recourse. They might have been knowingly photographed for a driver’s license, or covertly filmed by a surveillance camera (which has a higher error rate.) They cannot know where their image is stored, whether it has been sold or who can access it. They have no way of knowing whether they have been harmed by erroneous data or unfair decisions.

Minorities are already disadvantaged by such immature technologies, and the burden they bear for the improved security of society at large is both inequitable and uncompensated. Engineers alone will not be able to address this. An AI system is like a very smart child just beginning to understand the complexities of discrimination.

To realize the dream I had as a teenager, of an AI that can free humans from bias instead of reinforcing bias, will require a range of experts and regulators to think more deeply not only about what AI can do, but what it should do—and then teach it how. 

20 Aug 2018

CBS brings its ad-supported streaming service to Amazon Channels

CBS in the beginning of the year brought its streaming service for cord cutters, CBS All Access, to Amazon’s a la carte TV service, Prime Video Channels. At the time, however, only the higher-priced, $9.99 per month commercial-free subscription was offered to Prime members. At the time, CBS said its $5.99 per month ad-supported tier would arrive in the months ahead. It’s now making good on that promise with the launch of the Limited Commercials plan option on Amazon’s Channels.

The expanded availability of the more affordable version of the streaming service could help to boost its numbers, given Amazon’s reported impact on delivering over-the-top subscribers through the Amazon Channels platform.

A report from Digiday citing TV network sources even claimed that Amazon can account for anywhere from 25 to 45 percent of a company’s direct-to-consumer subscribers. (An earlier report that Amazon Channels could deliver as many as 55 percent of subscriptions has been disputed by a couple of networks, however. They said it’s a top driver, but that figure was too high.) Regardless, Amazon Channels is one of the only ways to really pick and choose your streaming subscriptions, as most other services are focused on “skinny bundles” where a small number of channels is wrapped up for around $40 per month.

CBS today says there are over 2.5 million CBS All Access subscribers, but declined to break out how many of those have come from Amazon. However, around the time of the original announcement in January, the company had also reported having 2 million All Access subscribers. Some portion of that subscriber base likely did come from Amazon, but maybe not as many as would have signed up had the lower-cost subscription been available at launch.

CBS recently said it believes it will have 4 million All Access subscribers by next year, and 8 million by 2022.

Many of those are drawn in by its flagship program, “Star Trek: Discovery,” whose new season won’t kick off until 2019. The company will also next year premiere a reboot of “The Twilight Zone,” in association with Jordan Peele’s (“Get Out”) Monkeypaw Productions and Simon Kinberg’s Genre Films.

It more recently announced Patrick Stewart would return to star in a new “Star Trek” series as Jean-Luc Picard, as part of its larger investment in expanding the “Star Trek” universe on its service.

 

 

20 Aug 2018

Audible gets guided meditation and workouts courtesy of Aaptiv

Audible is getting into the fitness business with a little help from Aaptiv. The Amazon-owned audiobook giant is adding content from the popular audio fitness app. There are only three guided courses to start — all firmly targeted at beginners.

There’s audio coaching to run a mile, a 5K and a guided meditation course, all with 20 sessions apiece. The service says it will be adding new courses through the year, including four workouts and a session aimed at improving sleep in the coming weeks.

The exclusive courses will be offered up for free to Audible members through September of next year — at which point, one imagines, there will be an added premium on top of the standard Audible subscription fee.

For the moment, Audible appears to just be dipping its toes in the water on this one. I wouldn’t be too nervous if I was in charge of a fitness or meditation app just yet, though its decision to move forward will almost certainly depend on how much interest this initial crop generates.

If Audible opts to keep the content free for subscriptions, however, it could certainly prove a compelling reason to make the switch.

20 Aug 2018

Only 5 days left to secure a spot in Startup Alley at Disrupt SF 2018

You know that feeling when a deadline’s bearing down on you like a runaway train? If you hope to secure a spot in Startup Alley at Disrupt San Francisco 2018 — which takes place September 5-7 — you’d best get moving, because that deadline is coming at you full steam ahead. Your chance to buy a Disrupt SF Startup Alley Exhibitor Package ends on August 24.

Disrupt San Francisco 2018 will be our largest, most ambitious Disrupt event ever, with more than 10,000 attendees descending on the City by the Bay to see the best and brightest tech innovations. It’s also the only Disrupt event happening in North America this year. Those are two huge, compelling reasons to place your early-stage startup in Startup Alley.

We expect more than 1,200 exhibitors and sponsors to hold forth in the Alley as all those attendees — technologists, investors, tech journalists, founders, marketers and entrepreneurs — go searching for the best of the best. Exhibitors will be the front-and-center focus of all that Disrupt action.

Here’s what comes in a value-packed Startup Alley Exhibitor Package:

  • Two Founder passes for all three days of Disrupt SF 2018
  • One-day to exhibit on the Startup Alley show floor
  • Use of CrunchMatch — our curated investor-to-startup matching platform
  • Access to The Main Stage, The Next Stage, The Q&A Stage, The Showcase Stage
  • All workshops
  • Access to the attendee list; ability to message attendees with the Disrupt App
  • Attend the TC After Party

Hello, what’s this? Why it’s a lovely bonus. Buy a Startup Alley Exhibitor Package and you might even be selected to participate in the Startup Battlefield competition in one of the Wild Card spots. Two startups will be selected from Startup Alley to pitch on our main stage at Disrupt SF. You could end up like our Disrupt NY 2017 Startup Battlefield winners, Recordgram, who won the Wild Card selection at Disrupt NY 2017 and went on to win the entire competition.

Disrupt San Francisco 2018 takes place September 5-7. Don’t miss out on all the possible connections, inspiration and opportunities that await you in Startup Alley. Hop on board this train for the ride of your life before the August 24 deadline. Buy your Startup Alley Exhibitor Package now.

20 Aug 2018

What happens when hackers steal your SIM? You learn to keep your crypto offline

A year ago I felt a panic that still reverberates in me today. Hackers swapped my T-Mobile SIM card without my approval and methodically shut down access to most of my accounts and began reaching out to my Facebook friends asking to borrow crypto. Their social engineering tactics, to be clear, were laughable but they could have been catastrophic if my friends were less savvy.

Flash forward a year and the same thing happened to me again – my LTE coverage winked out at about 9pm and it appeared that my phone was disconnected from the network. Panicked, I rushed to my computer to try to salvage everything I could before more damage occurred. It was a false alarm but my pulse went up and I broke out in a cold sweat. I had dealt with this once before and didn’t want to deal with it again.

Sadly, I probably will. And you will, too. The SIM card swap hack is still alive and well and points to one and only one solution: keeping your crypto (and almost your entire life) offline.

Trust No Carrier

Stories about massive SIM-based hacks are all over. Most recently a crypto PR rep and investor, Michael Terpin, lost $24 million to hackers who swapped his AT&T SIM. Terpin is suing the carrier for $224 million. This move, which could set a frightening precedent for carriers, accuses AT&T of “fraud and gross negligence.”

From Krebs:

Terpin alleges that on January 7, 2018, someone requested an unauthorized SIM swap on his AT&T account, causing his phone to go dead and sending all incoming texts and phone calls to a device the attackers controlled. Armed with that access, the intruders were able to reset credentials tied to his cryptocurrency accounts and siphon nearly $24 million worth of digital currencies.

While we can wonder in disbelief at a crypto investor who keeps his cash in an online wallet secured by text message, how many other services do we use that depend on emails or text messages, two vectors easily hackable by SIM spoofing attacks? How many of us would be resistant to the techniques that nabbed Terpin?

Another crypto owner, Namek Zu’bi, lost access to his Coinbase account after hackers swapped his SIM, logged into his account, and changed his email while attempting direct debits to his bank account.

“When the hackers took over my account they attempted direct debits into the account. But because I blocked my bank accounts before they could it seems there are bank chargebacks on that account. So Coinbase is essentially telling me sorry you can’t recover your account and we can’t help you but if you do want to use the account you owe $3K in bank chargebacks,” he said.

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Now Zu’bi is facing a different issue: Coinbase is accusing him of being $3,000 in arrears and will not give him access to his account because he cannot reply from the hacker’s email.

“I tried to work with coinbase hotline who is supposed to help with this but they were clueless even after I told them that the hackerchanged email address on my original account and then created a new account with my email address. Since then I’ve been waiting for a ‘specialist’ to email me (was supposed to be 4 business days it’s been 8 days) and I’m still locked out of my account because Coinbase support can’t verify me,” he said.

It has been a frustrating ride.

“As an avid supporter and investor in crypto it baffles me how one of the market leaders who just supposedly launched institutional grade custody solutions can barely deal with a basic account take-over fraud,” Zu’bi said.

How do you protect yourself?

I’ve been using Trezor hardware wallets for a while, storing them in safe places outside of my home and maintaining a separate record of the seeds in another location. I have very little crypto but even for a fraction of a few BTC it just makes sense to practice safe storage. Ultimately, if you own crypto you are now your own bank. That you would trust anyone – including a fiat bank – to keep your digital currency safe is deeply delusional. Heck, I barely trust Trezor and they seem like the only solution for safe storage right now.

When I was first hacked I posted recommendations by crypto exchange Kraken. They are still applicable today:

Call your telco and:

  • Set a passcode/PIN on your account

    • Make sure it applies to ALL account changes
    • Make sure it applies to all numbers on the account
    • Ask them what happens if you forget the passcode
      • Ask them what happens if you lose that too
  • Institute a port freeze

  • Institute a SIM lock

  • Add a high-risk flag

  • Close your online web-based management account

  • Block future registration to online management system

  • Hack yo’ self

    • See what information they will leak

    • See what account changes you can make

They also recommend changing your telco email to something wildly inappropriate and using a burner phone or Google Voice number that is completely disconnected from your regular accounts as a sort of blind for your two factor texts and alerts.

Sadly, doing all of these things is quite difficult. Further, carriers don’t make it easy. In May a 27-year-old man named Paul Rosenzweig fell victim to a SIM-swapping hack even though he had SIM lock installed on his account. A rogue T-Mobile employee bypassed the security, resulting in the loss of a unique three character Twitter and Snapchat account.

Ultimately nothing is secure. The bottom line is simple: if you’re in crypto expect to be hacked and expect it to be painful and frustrating. What you do now – setting up real two-factory security, offloading your crypto onto physical hardware, making diligent backups, and protecting your keys – will make things far better for you in the long run. Ultimately, you don’t want to wake up one morning with your phone off and all of your crypto siphoned off into the pocket of a college kid like Joel Ortiz, a hacker who is now facing jail time for “13 counts of identity theft, 13 counts of hacking, and two counts of grand theft.” Sadly, none of the crypto he stole has surfaced after his arrest.

20 Aug 2018

Dark Sky’s top ranking weather app gets a big makeover

Dark Sky, one of the more popular mobile weather applications on the market, is out today with a complete refresh of its app, which has now been re-written from the ground up, the company says. The biggest change is the introduction of a new unified timeline that combines both the precipitation predictions Dark Sky is best known for, and its weather forecast all on one page. This makes it easier to view all the critical weather information in a single view, without having to tab around to different pages.

The app’s design has been updated, as well.

Before, a simple bar graph would show you the rainfall predictions for the day ahead, with the rainfall percentage to the right of the hour blocks. With the new release, that graph has been replaced with an animated chart that instead has the rainfall percentage displayed within a circle that fans out to the right of the bar, with the higher percentages out further to the right than the lower ones. This allows you to better visualize the ebb and flow of the rainfall over the hours ahead.

Combined with the map above the chart, you can get more of a sense of the day’s rainfall patterns – like if there were breaks in a storm that’s passing over, for example, or if you’re in for all-day rain.

The only qualm we have about the changes here is that the day’s high and low temps are now given less prominence – they’re in small italics above the animated chart, making them easier to miss.

The same animated chart for rainfall can be changed to display the day’s temperature, the “feels like” temperature, and the wind (mph) in the same way by tapping on those options at the bottom.

Plus, you can see these charts for any day of the week ahead, by scrolling down to the daily forecasts and tapping on the day you want to view.

There’s also a clever, if not always practical, “Time Machine” feature here at the bottom which can show you the weather going back decades. You just put in the date you want to see and press “jump.” This may be more fun for true weather nerds, than for day-to-day use, but it’s worth noting.

Another big fix, and one that was prompted by user feedback, was Dark Sky’s lack of support for saved locations. That’s now been addressed with this new release, where you can manage locations from the Search screen.

Another nod to weather nerds is available from Search, too – it will show you “interesting storms” from around the country in case “your weather happens to be too bland,” the company says, in its announcement. However, this could be useful if you’re checking in on friends or family in the path of a major storm or hurricane.

While no weather app is perfect, Dark Sky allows users to report the weather at their location which helps improve the app’s hyperlocal forecasts. That means the app may seem to be more accurate in places where there’s more consumer adoption. If you live somewhere rainy, then there’s a good chance a number of Dark Sky users are nearby because of the app’s key focus on precipitation forecasts.

The updated app offers an improved set of notifications, allowing you to toggle on or off things like Next Hour Precipitation, Daily Summary, Severe Weather Alerts, Umbrella Reminder, Sunscreen Reminder or your own custom notifications, based on other conditions that matter to you – like UV index forecasts, for instance.

The Iconfactory designed new weather icons for the updated app, which has also been entirely rewritten to load more quickly, be more responsive and stable.

The company didn’t have to improve Dark Sky – the app was pretty good as it was, and was almost always the No. 1 paid Weather app on the App Store, as well as ranked in the Top 50 Overall. Today,  however, it’s ranked No. 1 in Weather, and has shot up to No. 4 in the Top Paid charts, as result of the update.

Current users will be able to download the update for no charge. The app is a free download on Android (with in-app purchases), and a $3.99 paid app on iOS. It’s available in the U.S., U.K, and Ireland. The company also makes money through licensing its API, which is used by organizations like Yelp, Citymapper, Microsoft, Runkeeper, DuckDuckGo, and others. As the API is updated with more functionality, those will come to the app in the form of new features, we’re told.

 

20 Aug 2018

DraftKings CEO Jason Robins is coming to Disrupt SF

In May, the Supreme Court struck down a federal law that had banned gambling on sporting events in most states. That ruling is set to unlock billions of dollars in new business opportunities for online fantasy sports sites like DraftKings.

That’s why we’re absolutely thrilled to have DraftKings CEO Jason Robins join us on stage at Disrupt SF.

DraftKings launched back in 2012 and quickly grew into a household name by offering daily and weekly fantasy sports contests across a number of sports.

In fact, as of 2017, DraftKings had roughly 8 million users, and together with its top competitor FanDuel, the two companies owned more than 90 percent of the $2.6 billion daily fantasy sports market.

In 2016, DraftKings and FanDuel announced their intention to merge, but were met with resistance from the FTC who sued to block the merger. If it had been approved, the merger would have allowed both companies to combine resources with regards to regulatory approval and advertising spend.

At the time, Robins said that DraftKings has a “growing customer base of nearly 8 million, our revenue is growing over 30% year-over-year, and we are only just beginning to take our product overseas to the billions of international sports fans we have yet to even reach.”

At Disrupt, we’ll chat with Robins about the growth of the company, DraftKing’s plans for the 2018 NFL season, and what’s in store for the company following the Supreme Court ruling.

The full agenda is here. Passes for the show are available here.

20 Aug 2018

DraftKings CEO Jason Robins is coming to Disrupt SF

In May, the Supreme Court struck down a federal law that had banned gambling on sporting events in most states. That ruling is set to unlock billions of dollars in new business opportunities for online fantasy sports sites like DraftKings.

That’s why we’re absolutely thrilled to have DraftKings CEO Jason Robins join us on stage at Disrupt SF.

DraftKings launched back in 2012 and quickly grew into a household name by offering daily and weekly fantasy sports contests across a number of sports.

In fact, as of 2017, DraftKings had roughly 8 million users, and together with its top competitor FanDuel, the two companies owned more than 90 percent of the $2.6 billion daily fantasy sports market.

In 2016, DraftKings and FanDuel announced their intention to merge, but were met with resistance from the FTC who sued to block the merger. If it had been approved, the merger would have allowed both companies to combine resources with regards to regulatory approval and advertising spend.

At the time, Robins said that DraftKings has a “growing customer base of nearly 8 million, our revenue is growing over 30% year-over-year, and we are only just beginning to take our product overseas to the billions of international sports fans we have yet to even reach.”

At Disrupt, we’ll chat with Robins about the growth of the company, DraftKing’s plans for the 2018 NFL season, and what’s in store for the company following the Supreme Court ruling.

The full agenda is here. Passes for the show are available here.

20 Aug 2018

Pepsi is buying SodaStream

Pepsi this morning announced its intentions to buy Tel Aviv-based beverage company SodaStream for $3.2 billion. The deal comes as more consumers are turning away from sugary beverages and toward more sustainable, in-home options.

The acquisition, which has been unanimously approved by PepsiCo’s shareholders, comes as the soda company is looking to diversify its portfolio and expand its reach globally. Pepsi products are currently available in retail shops in 45 countries, primarily focused on the U.S., Germany, France and Canada.

Among other things, the deal marks a play for the home market, which has proven elusive for Pepsi, as more and more consumers buy grocery supplies online. “We get to play in a business — home beverages — where we don’t play,” Pepsi CFO Hugh Johnston told CNBC.

There’s also a clear sustainability element to all of this, as consumer focus shifts away from single-use plastics. SodaStream has that going for it — a marked advantage over products like the bygone Keurig Kold.

“PepsiCo and SodaStream are an inspired match,” PepsiCo CEO Indra Nooyi said in a press release. “Daniel and his leadership team have built an extraordinary company that is offering consumers the ability to make great-tasting beverages while reducing the amount of waste generated. That focus is well-aligned with Performance with Purpose, our philosophy of making more nutritious products while limiting our environmental footprint. Together, we can advance our shared vision of a healthier, more-sustainable planet.”

Earlier this month, Nooyi announced plans to step down from her role. Under her watch as Chief Executive, Pepsi has shifted toward healthier options, like Bubly, largely seen as competitor to the popular LaCroix line. The SodaStream deal marks another step toward more health conscious offerings from the company. 

The deal is expected to close by January.

20 Aug 2018

Pepsi is buying SodaStream

Pepsi this morning announced its intentions to buy Tel Aviv-based beverage company SodaStream for $3.2 billion. The deal comes as more consumers are turning away from sugary beverages and toward more sustainable, in-home options.

The acquisition, which has been unanimously approved by PepsiCo’s shareholders, comes as the soda company is looking to diversify its portfolio and expand its reach globally. Pepsi products are currently available in retail shops in 45 countries, primarily focused on the U.S., Germany, France and Canada.

Among other things, the deal marks a play for the home market, which has proven elusive for Pepsi, as more and more consumers buy grocery supplies online. “We get to play in a business — home beverages — where we don’t play,” Pepsi CFO Hugh Johnston told CNBC.

There’s also a clear sustainability element to all of this, as consumer focus shifts away from single-use plastics. SodaStream has that going for it — a marked advantage over products like the bygone Keurig Kold.

“PepsiCo and SodaStream are an inspired match,” PepsiCo CEO Indra Nooyi said in a press release. “Daniel and his leadership team have built an extraordinary company that is offering consumers the ability to make great-tasting beverages while reducing the amount of waste generated. That focus is well-aligned with Performance with Purpose, our philosophy of making more nutritious products while limiting our environmental footprint. Together, we can advance our shared vision of a healthier, more-sustainable planet.”

Earlier this month, Nooyi announced plans to step down from her role. Under her watch as Chief Executive, Pepsi has shifted toward healthier options, like Bubly, largely seen as competitor to the popular LaCroix line. The SodaStream deal marks another step toward more health conscious offerings from the company. 

The deal is expected to close by January.