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AI boom risks widening wealth divide, says BlackRock’s Larry Fink

CEO of asset manager says only a few firms and investors may reap rewards from growth in the technologyThe boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has warned.The boss of the $14tn (£10.4tn) asset manager […]

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Leonid Radvinsky, owner of OnlyFans, dies aged 43

Ukrainian-American billionaire who owned subscription service for adult content died of cancer, the company saysLeonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43, the company announced on Monday.“We are deeply saddened ​to announce the death of Leo ​Radvinsky. Leo passed away peacefully after a ⁠long battle with cancer,” said

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When your culture becomes a meme: the ‘jarring’ effect of Chinamaxxing

The TikTok trend may be fading, but people of Chinese heritage wonder if an appreciation for their culture will continue after the algorithm moves onI have been Chinese my whole life. Lately, many online have also found their Chinese roots, but not through traditional ancestry tests.Creators are drinking hot water, wearing slippers around the house,

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Do we have to keep talking about AI? The machines are always one step ahead | Zoe Williams

Whether you want to free it or regulate it into submission, one thing is clear: this new technology is moving so fast that we can’t fully grasp itAt an 80th birthday party at the weekend, I met an academic who was evasive about his field. When he finally disclosed “computer science”, I asked him why

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World’s broadcasters urge EU to tighten rules for big tech in smart TV battle

Google, Amazon, Apple and Samsung control operating systems, allowing them to act as gatekeepers, letter claimsBusiness live – latest updatesThe world’s largest broadcasters have pushed for the EU to enforce its toughest regulations against virtual TVs and smart assistants built by Google, Amazon, Apple and Samsung.The call came in a letter from the Association of

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‘Kids say they take a quick look at TikTok’: a new kind of distracted driving is on the rise

As watching videos, using touchscreens, and even livestreaming behind the wheel become more common, experts warn of increased risk of crashes Jackie was on her way to a doctor’s appointment last fall when she realized her Uber driver’s eyes were not fully on the road. “He had a video playing on his phone and was

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iPhone 17e review: Apple upgrades its cheapest new smartphone

Mid-range handset gets chip, storage and MagSafe upgrades to offer more essential iOS features for less The cheapest new iPhone has been upgraded for this year with a faster chip, double the storage, automatic portraits and MagSafe, providing even more of the core Apple smartphone experience for less.The iPhone 17e is an upgraded version of

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We Know You Can Pay a Million by Anja Shortland review – the terrifying new world of ransomware

Criminals extorting money online have created huge businesses, complete with branding and HRThe birth of ransomware was a stunt that got out of hand. In 1989, an evolutionary biologist called Joseph L Popp Jr was working part time for the World Health Organisation on the Aids epidemic. He was a difficult man. When he was

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Trump’s video game war: AI, memes and a simplistic narrative have flattened the conflict | Nesrine Malik in Iran

What was supposed to be a quick win has become a quagmire, so it now must be reduced to a dopamine hitThe war on Iran, even as it spreads and destabilises the Middle East and the global economy, is not real. This is how it is being portrayed by the Trump administration. The war is

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How BM25 and RAG Retrieve Information Differently?

When you type a query into a search engine, something has to decide which documents are actually relevant — and how to rank them. BM25 (Best Matching 25), the algorithm powering search engines like Elasticsearch and Lucene, has been the dominant answer to that question for decades.  It scores documents by looking at three things:

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