Business, Spoken

At a recent postmortem for the so-called Twitter tax break, the divisive San Francisco policy that drew tech companies to a beleaguered stretch of downtown, the tone at City Hall was chilly. Tech offices---the likes of Twitter, Zendesk, and Uber---had indeed arrived as promised, but residents of the city’s Mid-Market neighborhood told officials that little uplift came with the logos. “I’ve seen the number of people who are sleeping on the street increase.

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Is venture capital harming entrepreneurship? At first blush, this seems like an odd question. VCs have been the lifeblood of virtually every successful tech startup for generations, enabling entrepreneurs to create and refine innovative products and rapidly scale to self-sustaining profitability. WIRED OPINION ABOUT Leonard Sherman is an Executive in Residence and faculty member at Columbia Business School.

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From 2010 to 2011, I worked on YouTube’s artificial intelligence recommendation engine—the algorithm that directs what you see next based on your previous viewing habits and searches. One of my main tasks was to increase the amount of time people spent on YouTube. At the time, this pursuit seemed harmless. But nearly a decade later, I can see that our work had unintended—but not unpredictable—consequences. In some cases, the AI went terribly wrong.

From 2010 to 2011, I worked on YouTube’s artificial intelligence recommendation engine—the algorithm that directs what you see next based on your previous viewing habits and searches. One of my main tasks was to increase the amount of time people spent on YouTube. At the time, this pursuit seemed harmless. But nearly a decade later, I can see that our work had unintended—but not unpredictable—consequences. In some cases, the AI went terribly wrong.

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Amazon announced Thursday that it will spend up to $700 million over the next six years retraining 100,000 of its US employees, mostly in technical skills like software engineering and IT support. Amazon is already one of the largest employers in the country, with almost 300,000 workers (and many more contractors) and it’s particularly hungry for more new talent. The company currently has more than 20,000 vacant US roles, over half of which are at its headquarters in Seattle.

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Amazon makes an expensive pledge to its workers, a hacker group hits 17,000 domains, and butt plugs are being used for scientific research. Here's the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! Today's Headlines Amazon pledged $700 million to teach its workers to code This morning, Amazon announced a $700 million initiative to retrain US employees for high-skill, mostly technical jobs over the next six years.

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Twitter and Instagram would like us all to be a little bit nicer to each other. To that end, this week both companies announced new content moderation policies that will, maybe, shield users from the unbridled harassment and hate speech we wreak on each other. Instagram’s anti-bullying initiative will rely on artificial intelligence, while Twitter will use human moderators to determine when language “dehumanizes others on the basis of religion.

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Darren Elias knows poker. The 32-year-old is the only person to have won four World Poker Tour titles and has earned more than $7 million at tournaments. Despite his expertise, he learned something new this spring from an artificial intelligence bot. Tom Simonite covers artificial intelligence for WIRED. Elias was helping to test new software from researchers at Carnegie Mellon University and Facebook.

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The US women’s national soccer team is extremely good at two things: scoring goals and selling merchandise. Even before it won a second consecutive World Cup championship Sunday, the players’ home jersey, which is designed by Nike, became the top-selling soccer jersey ever in one season on Nike.com, according to the athleticwear company. Sales were still going strong after the historic victory. But on Amazon Monday, another story unfolded.

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Last year, Ben Bartlett, a member of the Berkeley city council, proposed an unusual idea to his colleagues: putting affordable housing on the blockchain. The city was facing an unprecedented housing crisis and the prospect of cuts to federal housing assistance. Why not turn to local residents to help fund a solution? The city would issue bonds, as governments often do when they need to finance big-ticket projects, and break them up into small pieces called “minibonds.

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