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<ul class="summary-list"><li>Tesla CEO <keyword id="6355315" type="UNKNOWN" weightage="60" keywordseo="elon-musk">Elon Musk</keyword> is notorious <a href="https://www.businessinsider.com/elon-musk-human-intelligence-vs-ai-is-like-chimps-humans-2019-8">for making broad, grand statements</a> about artificial intelligence.</li><li><keyword id="6354576" type="UNKNOWN" weightage="60" keywordseo="facebook">Facebook</keyword> Head of <keyword id="6355999" type="UNKNOWN" weightage="60" keywordseo="ai">AI</keyword> <keyword id="9222729" type="UNKNOWN" weightage="60" keywordseo="jerome-pesenti">Jerome Pesenti</keyword> took Musk to task on Wednesday, <a href="https://www.businessinsider.com/facebook-ai-head-slams-elon-musk-2020-5">saying the Tesla CEO "has no idea what he is talking about when he talks about AI."</a></li><li>Musk, who fathered a child with the musician Grimes earlier this month, <a href="https://twitter.com/elonmusk/status/1260852444818362369">responded to Pesenti at 1 a.m. on Thursday morning</a>. "Facebook sucks," he said.</li><li>Musk has been openly critical of Facebook for years and <a href="https://www.businessinsider.com/elon-musk-takes-shot-mark-zuckerberg-calling-facebook-lame-2020-2">has advocated for people to delete their accounts in the past</a>.</li><li><a href="http://www.businessinsider.com/">Visit Business Insider's homepage for more stories.</a></li></ul>Tesla CEO Elon Musk doesn't like Facebook, and he's made that opinion known repeatedly. In February, <a href="https://www.businessinsider.com/elon-musk-takes-shot-mark-zuckerberg-calling-facebook-lame-2020-2">Musk openly advocated for Facebook users to delete their accounts</a>. Musk's companies, SpaceX and Tesla, don't have a presence on the social network.And this week, <a href="https://www.businessinsider.com/facebook-ai-head-slams-elon-musk-2020-5">when Facebook Head of AI Jerome Pesenti publicly criticized Musk's understanding of artificial intelligence</a> — saying that Musk "has no idea what he is talking about when he talks about AI," Musk took the opportunity to clap back."Facebook sucks," <a href="https://twitter.com/elonmusk/status/1260852444818362369">Musk said via Twitter for iPhone</a> at around 1 a.m. PT.<div type="image" title="Elon Musk" height="1253" width="2000" msid="75741807" hostid="261"></div>Musk believes that AI will be "much smarter than the smartest human," and that puts human beings at a tremendous disadvantage. "I think generally people underestimate the capability of AI — they sort of think it's a smart human," Musk said at a talk with Alibaba CEO Jack Ma at the World AI Conference in Shanghai, China last August. "But it's going to be much more than that. It will be much smarter than the smartest human."And he's made much more alarming statements than that. "AI is a fundamental risk to the existence of human civilization," <a href="https://www.cnbc.com/2017/07/17/elon-musk-robots-will-be-able-to-do-everything-better-than-us.html">he said in 2017</a>. "I have exposure to the most cutting edge AI, and I think people should be really concerned by it."To that end, Musk has a company — Neuralink — that he's hoping will bridge the gap between human intellect and what he sees as far superior artificial intelligence. He was also an investor in several AI startups.But AI researchers, including Pesenti, have criticized Musk's public statements about the current state of AI. "There is no such thing as <keyword id="469510" type="ORGANIZATION" weightage="60" keywordseo="AGI">AGI</keyword>," Pesenti said, in reference to "artificial general intelligence" a theoretical type of AI that would be much more human-like in its ability to learn and adapt. "We are nowhere near matching human intelligence." Read the original article on <a href="https://www.businessinsider.com/elon-musk-says-facebook-sucks-argument-with-ai-lead-2020-5">Business Insider</a>

Elon Musk tweets 'Facebook sucks' at Facebook AI lead who said Musk has 'no idea what he's talking about about when he talks about AI'

<ul class="summary-list"><li>Google CEO Sundar Pichai praised <a target="_blank" href="https://www.businessinsider.com/mark-zuckerberg">Mark Zuckerberg</a> for Facebook's breakthrough in AI in 2021.</li><li>But Zuckerberg didn't really know what Pichai was referring to.</li></ul>AI may be a key priority for <a target="_blank" href="https://www.businessinsider.com/meta">Meta</a> chief Mark Zuckerberg, but that wasn't always the case.In 2021, Zuckerberg met Google CEO <a target="_blank" href="https://www.businessinsider.com/sundar-pichai-google-alphabet-ceo-career-life">Sundar Pichai</a> at an Allen &amp; Co. conference in Idaho. During their meeting, Pichai expressed his admiration for an AI breakthrough that Facebook had accomplished.However, Zuckerberg didn't know what achievement Pichai was talking about, <a target="_blank" href="https://www.bloomberg.com/news/features/2024-01-11/mark-zuckerberg-pivots-to-ai-from-metaverse-to-further-his-legacy?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcwNDk4NzkwOCwiZXhwIjoxNzA1NTkyNzA4LCJhcnRpY2xlSWQiOiJTNzNENERUMEcxS1cwMCIsImJjb25uZWN0SWQiOiIwQjU4NENDMUU0NjI0RkRFQjlFN0I0MzM1Mjg0OTQ0RiJ9.y7jsF8f6fZQcrFVeA62wTyk_K1gaT3_LSWpDUDnUoUM">Bloomberg</a> reported on Thursday, citing sources familiar with the meeting.The meeting ended up igniting Zuckerberg's interest in the field. Zuckerberg requested a briefing on his company's latest work on AI after talking to Pichai, per Bloomberg.Meta's former vice president for AI, Jerome Pesenti, told Bloomberg that Zuckerberg has now "educated himself a lot more" about the subject.Zuckerberg was, at one point, focused on his company's other fields of work. The Facebook founder flirted with cryptocurrencies in 2019 when the company announced that it was <a target="_blank" href="https://www.businessinsider.com/what-facebook-currency-libra-will-look-like-and-how-work-2019-6">launching its cryptocurrency</a>, Libra. <a target="_blank" href="https://www.businessinsider.com/facebook-ceo-mark-zuckerberg-testifies-congress-libra-cryptocurrency-2019-10">Regulatory hurdles</a> eventually caused interest in the project to peter out.Zuckerberg then decided to make a huge push into the <a target="_blank" href="https://www.businessinsider.com/facebook-metaverse">metaverse</a>. In October 2021, he renamed Facebook, rechristening it "Meta."The strategy, unfortunately, has yet to pay off for Zuckerberg. The company division that works on virtual and <a target="_blank" href="https://www.businessinsider.com/zuckerberg-says-he-isnt-abandoning-metaverse-as-division-loses-mount-2023-4">augmented reality projects</a> lost $4 billion in the first quarter of 2023.But Zuckerberg has been quick to pivot his company toward working on AI."In terms of investment priorities, AI will be our biggest investment area in 2024 for both engineering and compute resources," Zuckerberg said in an earnings call last year."We're going to continue deprioritising a number of non-AI projects across the company to shift people towards working on AI," he added.The increased focus seemed to have paid off for Zuckerberg's Meta, which has now become one of the leading players in the AI race.Meta has sought to distinguish itself from competitors like <a target="_blank" href="https://www.businessinsider.com/openai-sam-altman-looking-like-apple-steve-jobs-gpt-store-2024-1">OpenAI </a>by advocating for an open-source approach toward AI development. In July, the company released <a target="_blank" href="https://www.businessinsider.com/meta-llama2-ai-uses-almost-twice-water-as-llama-2023-7">Llama 2</a>, a mostly open-source AI model.Representatives for Meta and Google did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Mark Zuckerberg was once so detached from Meta's AI work, he wasn't sure which breakthrough Sundar Pichai was praising him for: Bloomberg

<ul class="summary-list"><li><keyword id="12416504" type="UNKNOWN" weightage="60" keywordseo="meta" source="Orion">Meta</keyword>'s chief engineer has stepped down to "recharge", a spokesperson told Insider.</li><li>David Mortenson will be replaced by Meta VP Santosh Janardhan but will stay on at the company.</li></ul>Meta's head of engineering and infrastructure, David Mortenson, is stepping back from his role to "recharge", a spokesperson confirmed to Insider.Mortenson's move, first reported by <a href="https://www.theverge.com/2022/6/8/23160405/meta-head-engineering-david-mortenson-replacement-santosh-janardhan">The Verge,</a> marks the third senior Meta executive to step down from their role this month.Chief operating officer <keyword id="11908739" type="UNKNOWN" weightage="60" keywordseo="sheryl-sandberg" source="Orion">Sheryl Sandberg</keyword> <a href="https://www.businessinsider.com/meta-facebook-coo-sheryl-sandberg-stepping-down-2022-6">announced her departure</a> on June 1 and was shortly followed by Meta's AI chief, <a href="https://www.linkedin.com/feed/update/urn:li:activity:6938176659443376129/">Jerome Pesenti</a>. Santosh Janardhan, Meta's infrastructure VP, will take over Mortsenson's role <a href="https://about.facebook.com/media-gallery/executives/david-mortenson/">overseeing development</a> of all hardware, software, networks, and data centers that Meta and its subsidiaries run on.Janardhan has been at <keyword id="11892960" type="UNKNOWN" weightage="60" keywordseo="facebook" source="Orion">Facebook</keyword> since 2009 and was previously a principal database administrator at YouTube and Google, according to <a href="https://www.linkedin.com/in/sjanardhan/">his LinkedIn</a>. In an internal memo <a href="https://www.theverge.com/2022/6/8/23160405/meta-head-engineering-david-mortenson-replacement-santosh-janardhan">seen by The Verge</a>, Mortenson said: "I'm incredibly proud of everything we've achieved over the past two years I've been supporting Infra." He has led Meta's infrastructure team for the past two years and has been with the company for more than a decade, according to his <a href="https://www.linkedin.com/in/dmortens/">LinkedIn profile</a>. Mortsenson was previously director of development at Microsoft. "For more than a decade, David and team have helped dramatically scale our infrastructure as we've helped people connect, find communities and grow businesses," a Meta spokesperson told Insider.He will remain at Meta in an undisclosed capacity, the spokesperson said.

Meta's top engineer becomes the third senior executive to step down this month

<ul class="summary-list"><li>Texas is suing <keyword id="12416504" type="UNKNOWN" weightage="60" keywordseo="meta" source="Orion">Meta</keyword> over its facial recognition program, <a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.wsj.com%2Farticles%2Ftexas-sues-meta-over-facebooks-facial-recognition-practices-11644854794%3Fmod%3DSearchresults_pos1%26page%3D1">according</a> to the Wall Street Journal.</li><li><keyword id="11892960" type="UNKNOWN" weightage="100" keywordseo="facebook" source="Orion">Facebook</keyword> shut down the facial recognition program in November. </li></ul>Meta is facing <a href="https://www.businessinsider.com/facebook-meta-rebrand-damaged-reputation-study-finds-2021-11">trouble</a> — again. This time, it's over a Texas lawsuit: The state's attorney general, Ken Paxton, is suing Meta Platforms, Facebook's parent company, over the social media network's now-shutdown facial recognition program, <a href="https://www.wsj.com/articles/facebook-to-shut-down-facial-recognition-in-photos-videos-11635874174?mod=article_inline">according</a> to the Wall Street Journal. Paxton says Facebook obtained Texans' face measurements and the like, also known as biometric identifiers, without consent, which violates state law, <a href="https://www.texasattorneygeneral.gov/news/releases/paxton-sues-facebook-using-unauthorized-biometric-data">per a press release</a> from the office. "By this illegal activity, Facebook exploited the personal information of users and non-users alike to grow its empire and reap historic windfall profits," the statement read. Citing a person familiar with the issue, Paxton plans to seek "hundreds of billions of dollars," in civil penalties, the WSJ reported. The relevant law is the Capture or Use of Biometric Identifier Act, (CUBI) which was <a href="https://caseguard.com/articles/the-capture-or-use-of-biometric-identifiers-act-cubi/">passed</a> in 2009. The attorney general's office submitted a civil subpoena for information about the facial recognition program after it became public that Facebook settled <a href="https://www.nbcchicago.com/news/local/more-than-1-4m-facebook-users-in-illinois-filed-claim-for-payout-in-650m-settlement-attorney-says/2379492/"> for $650 million</a> with Illinois over a similar class action suit, the WSJ noted. Besides capturing the data without consent, Texas' suit argues that Facebook "disclosed those identifiers to others, and failed to destroy collected identifiers within a reasonable time," as required by the Texas law, as well as violated another Texas law with "false, misleading, and deceptive acts." You might remember Facebook asking if you wanted to tag yourself in photos, but the social media platform shut down the facial recognition program in November. Facebook's VP of artificial intelligence Jerome Pesenti <a href="https://www.businessinsider.com/facebook-shutting-facial-recognition-down-deleting-inormation-billion-users-meta-2021-11">cited</a> "growing societal concerns." But the company could <a href="https://www.businessinsider.com/facebook-metaverse-meta-facial-recognition-zuckerberg-2021-11">still use facial recognition in the Metaverse</a>. Critics of the technology have <a href="https://www.businessinsider.com/facebook-facial-recognition-tech-program-congress-step-up-2021-11">cited</a> issues such as racial bias, noting one example of a Black teen, who was removed from a skating rink over mistaken facial recognition. "These claims are without merit and we will defend ourselves vigorously." a Meta spokesperson told Insider in an email.

Texas is suing Meta for violating state privacy laws with its former facial-recognition program

<ul class="summary-list"><li><keyword id="6354576" type="UNKNOWN" weightage="60" keywordseo="facebook">Facebook</keyword>'s Head of <keyword id="6355999" type="UNKNOWN" weightage="60" keywordseo="ai">AI</keyword> Jerome Pesenti slammed <keyword id="6355315" type="UNKNOWN" weightage="60" keywordseo="elon-musk">Elon Musk</keyword> Wednesday, claiming the <keyword id="107096" type="COMPANY" weightage="60" keywordseo="Tesla">Tesla</keyword> CEO "has no idea what he is talking about when he talks about AI."</li><li>Pesenti was reacting to a <a href="https://t.co/xGzPSbweWi?amp=1">CNBC report</a> that quoted anonymous sources in the AI community casting doubt on Musk's domain knowledge.</li><li>Musk has repeatedly warned that AI is on the brink of outsmarting humans and that it could prove more dangerous to mankind than nuclear weapons.</li><li>Musk helped found OpenAI, a research lab that's raised over $1 billion in funding, and was one of the first investors in DeepMind, an AI lab acquired by Google.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Facebook's head of artificial intelligence has doubts about Tesla CEO Elon Musk's actual intelligence when it comes to the field of AI. In a tweet Wednesday morning, Facebook AI head Jerome Pesenti said Musk "has no idea what he is talking about when he talks about AI." Pesenti was reacting to a <a href="https://www.cnbc.com/2020/05/13/elon-musk-has-a-complex-relationship-with-the-ai-community.html">CNBC story</a> that quoted anonymous AI researchers and CEOs questioning Musk's AI credentials. Musk was an early investor in multiple prominent AI startups, including the $1 billion <a href="https://www.businessinsider.com/elon-musk-criticizes-openai-dario-amodei-artificial-intelligence-safety-2020-2">OpenAI</a> lab and London-based <a href="https://www.businessinsider.com/elon-musk-pledge-not-to-build-killer-ai-misses-the-point-2018-7">DeepMind</a>, which was later acquired by Google (Musk left OpenAI's board in 2018 to avoid conflicts of interest with Tesla, which also has an AI lab). <div type="Article" hostid="261" msid="75736580" title="Top highlights from Finance Minister Nirmala Sitharaman's second tranche of COVID-19 stimulus" mstype="2" mssubtype="0"></div> Musk is also a self-fashioned AI pundit, regularly <a href="https://www.cnbc.com/2020/05/13/elon-musk-has-a-complex-relationship-with-the-ai-community.html">warning</a> that the technology will rapidly outsmart humans and could be "potentially more dangerous than nukes." "I have exposure to the most cutting edge AI, and I think people should be really concerned by it," he <a href="https://www.cnbc.com/2017/07/17/elon-musk-robots-will-be-able-to-do-everything-better-than-us.html">said</a> in 2017. "AI is a fundamental risk to the existence of human civilization." Pesenti echoed the concerns raised in Tuesday's CNBC story, arguing that there's no AI system in the world that's close to achieving "artificial general intelligence," or intelligence on par with a human mind. Pesenti later <a href="https://twitter.com/an_open_mind/status/1260569851317403648">clarified</a> that he wasn't speaking in an official capacity on behalf of Facebook. Pesenti isn't the only Facebook AI employee to publicly criticize Musk. Facebook CEO Mark Zuckerberg called Musk <a href="https://www.cnbc.com/2017/07/24/mark-zuckerberg-elon-musks-doomsday-ai-predictions-are-irresponsible.html">"irresponsible"</a> in 2017, and Facebook Chief AI Scientist Yann Lecun called him <a href="https://www.forbes.com/sites/samshead/2018/09/28/elon-musk-nuts-to-call-for-ai-regulation-says-facebooks-chief-ai-scientist/#15624b8f37ec">"nuts"</a> in 2018 over his remarks on the danger of AI. Edward Grefenstette, a former DeepMind engineer who now works for Facebook, called Musk an <a href="https://twitter.com/egrefen/status/1255617520209453060">"opportunistic moron"</a> after the Tesla CEO tweeted "FREE AMERICA NOW" last month. A Tesla spokesperson did not immediately respond to a request for comment. Read the original article on <a href="https://www.businessinsider.com/facebook-ai-head-slams-elon-musk-2020-5">Business Insider</a> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/uber-has-revoked-job-offers-made-to-graduates-from-iims-mdi-spjimr/articleshow/75740158.cms">Uber has revoked job offers made to graduates from IIMs, MDI, SPJIMR</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/policy/news/india-chief-economic-advisor-krishnamurthy-subramanian-on-labour-law-changes/articleshow/75709571.cms">India’s Chief Economic Advisor uses the word ‘squatters’ to describe India’s ‘formal’ workforce while pushing for controversial labour law changes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/policy/economy/news/breaking-down-modi-20-lakh-crore-stimulus-rbi-and-finance-ministry-steps-land-and-labour-laws/articleshow/75709001.cms">RBI and Finance Ministry have already spent nearly half of Narendra Modi’s $270 billion stimulus⁠— watch out for changes to land and labour laws</a>

Facebook's head of AI says Elon Musk 'has no idea what he is talking about'

Happy Friday, readers! I'm your host, Jordan Parker Erb, and today I'm helping break down why <a href="https://www.businessinsider.com/recession-outlook-tech-stock-market-crash-us-economy-meltdown-gdp-2022-5">we probably won't see a true recession</a> anytime soon — despite stormy skies in the <keyword id="6358815" type="UNKNOWN" weightage="60" keywordseo="tech" source="Orion">tech</keyword> industry.Shall we?Launching Monday: Our weekday <keyword id="11894123" type="UNKNOWN" weightage="60" keywordseo="newsletter" source="Orion">newsletter</keyword> <a href="https://newsletter.businessinsider.com/click/27916928.115375/aHR0cHM6Ly93d3cuYnVzaW5lc3NpbnNpZGVyLmNvbS9zdWJzY3JpcHRpb24vbmV3c2xldHRlci8xMC10aGluZ3Mtb24td2FsbC1zdHJlZXQ_bnJfZW1haWxfcmVmZXJlcj0xJnV0bV9zb3VyY2U9U2FpbHRocnUmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY29udGVudD0xMF90aGluZ3NfdGVjaA/6036a9b4a86c5033515e02e3Bd26488fe">10 Things on Wall Street</a> will take you inside the finance industry, from the latest in banking and fintech to the power players leading the biggest deals on the Street, Silicon Valley, and elsewhere. <a href="https://newsletter.businessinsider.com/click/27916928.115375/aHR0cHM6Ly93d3cuYnVzaW5lc3NpbnNpZGVyLmNvbS9zdWJzY3JpcHRpb24vbmV3c2xldHRlci8xMC10aGluZ3Mtb24td2FsbC1zdHJlZXQ_bnJfZW1haWxfcmVmZXJlcj0xJnV0bV9zb3VyY2U9U2FpbHRocnUmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY29udGVudD0xMF90aGluZ3NfdGVjaA/6036a9b4a86c5033515e02e3Cd26488fe">Sign up here</a>.If this was forwarded to you, <a href="https://newsletter.businessinsider.com/click/27645591.160803/aHR0cHM6Ly93d3cuYnVzaW5lc3NpbnNpZGVyLmNvbS9zdWJzY3JpcHRpb24vbmV3c2xldHRlci8xMC10aGluZ3Mtb3BlbmluZy1iZWxsP25yX2VtYWlsX3JlZmVyZXI9MSZ1dG1fc291cmNlPVNhaWx0aHJ1JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9T3BlbmluZ19iZWxs/62667762063d6b9bef0cffb3Be824e273">sign up here</a>. Download Insider's app <a href="https://link.insider.com/click/27645591.160803/aHR0cHM6Ly93d3cuaW5zaWRlci5jb20vYXBwP25yX2VtYWlsX3JlZmVyZXI9MSZ1dG1fc291cmNlPVNhaWx0aHJ1JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9T3BlbmluZ19iZWxs/62667762063d6b9bef0cffb3Bf9c9aa56">here.</a><a href="https://www.businessinsider.com/recession-outlook-tech-stock-market-crash-us-economy-meltdown-gdp-2022-5"></a>1. The likelihood of a true recession seems low. The tech industry is dealing with layoffs and stock crashes, and execs are warning about a recession — but the economy is <a href="https://www.businessinsider.com/recession-outlook-tech-stock-market-crash-us-economy-meltdown-gdp-2022-5">actually doing just fine</a>, Neil Dutta writes. He explains: <ul><li>Despite stumbles in the industry, the biggest driver of the economy — average Americans' consumption — continues to expand at a solid pace. Tech isn't the whole economy, after all.</li><li>Americans spent the pandemic loading up on goods, and now they're not. But that doesn't mean consumers are suddenly spending a great deal less overall; they're just shifting where they spend.</li><li>Instead of spending on big-ticket items like washing machines, couches, and laptops, they're going out to restaurants, heading to the movies, and taking to the skies. </li></ul><a href="https://www.businessinsider.com/recession-outlook-tech-stock-market-crash-us-economy-meltdown-gdp-2022-5">Why he says we shouldn't be fearing a recession.</a>In other news:<a href="https://www.businessinsider.com/best-career-advice-from-business-execs-ceos-2022-graduation-speeches-2022-5"></a><div type="image" title="Tim Cook at Gallaudet University commencement" height="4480" width="5973" msid="91986098" hostid="261"></div>2. We rounded up tech leaders' best career advice for college grads. The CEOs of Apple, Snap, and other tech giants spoke at this year's commencement ceremonies, urging students to lead with their values and focus on building relationships. <a href="https://www.businessinsider.com/best-career-advice-from-business-execs-ceos-2022-graduation-speeches-2022-5">Read their other tips</a>.3. Bolt's CEO fielded questions from employees a week after layoffs rocked the fintech. Screenshots viewed by Insider show employees probing Maju Kuruvilla about the firm's lay-off strategy in a company-wide "ask me anything" meeting. <a href="https://www.businessinsider.com/bolt-layoffs-fintech-startup-ceo-fields-questions-ama-meeting-2022-6">What we learned from the screenshots</a>. 4. Each month, forgotten subscriptions cost consumers more than they realize. Subscriptions for that app or delivery service you forgot about could be cutting away at your savings: A new study found that on average, overlooked subscriptions are costing users about $133 each month. <a href="https://www.businessinsider.com/subscription-services-forgotten-cost-consumers-payments-2022-6">Here's what the study found</a>.5. Check out Facebook's new executive structure as Sheryl Sandberg exits. Her exit is prompting broader changes — and her successor Javier Olivan will have almost twice as many direct reports as Sandberg had in the same role. <a href="https://www.businessinsider.com/sheryl-sandbergs-exit-from-facebook-prompts-reorganization-for-successor-javier-olivan-2022-6">See our chart here.</a>6. Coinbase said it was withdrawing some job offers and freezing hiring indefinitely. The company sent emails to alert the affected candidates, which one recipient slammed as "unprofessional." <a href="https://www.businessinsider.com/read-email-coinbase-sent-en-masse-to-withdraw-job-offers-2022-6">Read the full text of the letter Coinbase reportedly sent.</a>7. Even amid the tech slowdown, these eight companies are still hiring. We spoke with talent leaders from companies like Adobe and PayPal, who shared what opportunities are still available —<a href="https://www.businessinsider.com/tech-companies-still-hiring-engineers-tech-slowdown-2022-5"> and insider tactics for getting hired</a>.8. Elon Musk wants to cut 10% of Tesla jobs. Per Reuters, Musk told Tesla executives to pause all hiring worldwide because he has a "super bad feeling" about the economy. <a href="https://www.businessinsider.com/elon-musk-10-percent-cut-tesla-jobs-bad-feeling-economy-2022-6">More from the report here.</a>Odds and ends:<a href="https://www.businessinsider.com/buick-electric-car-wildcat-ev-concept-aromatherapy-massaging-seats-2022-6"></a><div type="image" title="Buick Wildcat electric concept car." height="1733" width="2311" msid="91986102" hostid="261"></div>9. Buick revealed an electric concept car with some wild features. The concept car, dubbed the Wildcat, combats road rage — if it senses an elevated heart rate, it will dim the lights, switch on massaging seats, and deploy its integrated aromatherapy functions. <a href="https://www.businessinsider.com/buick-electric-car-wildcat-ev-concept-aromatherapy-massaging-seats-2022-6">Check out the car here</a>.10. You can get Apple's basic AirPods for just $100 right now. The second-generation AirPods are just $99.99 now from Amazon, Walmart, and Target, $20 off their usual price. A better deal isn't expected until Amazon Prime Day — <a href="https://www.businessinsider.com/guides/tech/best-apple-airpods-deals-before-amazon-prime-day">here's what you need to know</a>.The latest people moves in tech:<ul><li>Ghost-kitchen startup Reef Technology <a href="https://www.businessinsider.com/reef-technology-president-michael-beacham-ghost-kitchen-startup-2022-6">quietly ousted a key exec</a>.</li><li>Meta's VP of AI, Jerome Pesenti, will leave the company <a href="https://www.axios.com/2022/06/02/meta-facebook-ai-decentralize">later this month</a>.</li><li>Bernard Kim became <a href="https://www.cnbc.com/2022/05/03/match-group-names-bernard-kim-as-ceo-replacing-shar-dubey.html">Match Group's CEO</a>, succeeding Shar Dubey.</li><li>Christoph Aeschlimann is Swisscom's <a href="https://www.reuters.com/business/media-telecom/swisscom-names-aeschlimann-ceo-one-offs-swell-2021-net-profit-2022-02-03/">new CEO</a>.</li><li>Variety reported that <a href="https://variety.com/2022/tv/news/jonathan-bing-exits-netflix-communications-vice-media-group-1235282908/#recipient_hashed=5f583d22068dd755f6f7a2bf11a9210835cb86168631b6352c5454049ffd9d5a">Jonathan Bing has exited Netflix</a> to lead communications at Vice Media Group.</li><li>After less than a year, Christopher "CJ" Moore <a href="https://www.bloomberg.com/news/articles/2022-05-25/apple-car-director-moore-heads-to-luminar-after-less-than-a-year?cmpid=BBD052922_POWERON&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220529&amp;utm_campaign=poweron">has left Apple's car project for Luminar</a>, according to Bloomberg. </li><li>Warner Bros. chairman Toby Emmerich <a href="https://www.businessinsider.com/warner-bros-chairman-to-step-down-following-discovery-merger-2022-6">will exit the company</a>.</li></ul>Keep updated with the latest tech news throughout your day by checking out<a href="https://link.chtbl.com/therefresh"> The Refresh from Insider,</a> a dynamic audio news brief from the Insider newsroom. <a href="https://link.chtbl.com/therefresh">Listen here.</a>Curated by Jordan Parker Erb in New York. (Feedback or tips? Email <a href="mailto:jerb@insider.com">jerb@insider.com</a> or tweet <a href="https://twitter.com/jordanparkererb?lang=en">@jordanparkererb</a>.)

Tech: The economy might just be fine

<ul class="summary-list"><li><keyword id="11892960" type="UNKNOWN" weightage="60" keywordseo="facebook" source="Orion">Facebook</keyword> said Tuesday that it will shut down its <keyword id="12320770" type="UNKNOWN" weightage="60" keywordseo="facial-recognition" source="Orion">facial recognition</keyword> system.</li><li>It will delete the face scans of one billion users and won't automatically recognize them in photos.</li></ul>Facebook is shutting down its facial recognition system to limit its reliance on the technology, it said Tuesday. <a href="https://about.fb.com/news/2021/11/update-on-use-of-face-recognition/">In a press release</a>, VP of artificial intelligence Jerome Pesenti said the social network needs to "weigh the positive use cases for facial recognition against growing societal concerns, especially as regulators have yet to provide clear rules."The company, now known as <keyword id="12416504" type="UNKNOWN" weightage="60" keywordseo="meta" source="Orion">Meta</keyword>, said it will delete more than a billion people's "individual facial recognition templates," and the third of Facebook's daily users who have opted into the technology won't be automatically recognized in photos and videos, including in Facebook's Memories feature. The system is also used in a feature that automatically notifies users when they appear in tagged photos and videos.It will also impact Facebook's automatic alt text system, which translates photos and videos on the platform into words for blind and visually impaired users.The change will occur over the coming weeks, the company said.It's a significant decision for the tech giant, which launched its facial recognition system in 2010 to automatically identify users in photos and videos.However, concern has since mounted around how facial recognition technology can be leveraged for means that it wasn't intended for. <a href="https://www.businessinsider.com/law-enforcement-using-unknown-facial-recognition-technology-facebook-photos-2020-1">The controversial startup Clearview AI is one of the most high-profile examples of this.</a>The company scraped social media platforms, including Facebook, to create a searchable facial recognition database that at least 600 law enforcement agencies used, The New York Times reported in early 2020. <keyword id="12343174" type="UNKNOWN" weightage="60" keywordseo="clearview-ai" source="Orion">Clearview AI</keyword> likely violated Facebook's policies by doing so, and critics said the software opened the door for racial bias.<a href="https://www.businessinsider.com/facebook-ray-ban-smart-glasses-can-take-photos-and-calls-2021-9">Meta recently rolled out its Ray-Ban smart glasses</a>, which aren't outfitted with facial recognition tech. However, Facebook Reality Labs VP and company veteran Andrew "Boz" Bosworth said earlier this year that <a href="https://www.businessinsider.com/facebook-smart-glasses-facial-recognition-tech-andrew-bosworth-ar-glasses-2021-2">it would have added the feature if the public wanted it to.</a>He said there were ethical concerns to consider though, such as the glasses always having its camera and microphone turned on, which could be misused by "authority structures."Then-Facebook also created an internal app that <a href="https://www.businessinsider.com/facebook-built-internal-facial-recognition-camera-app-2019-11">let employees identify people by pointing their phone's camera at them</a>, a source told Insider's Rob Price in late 2019. The company told Insider at the time that the app did exist but only worked on some company employees and their friends who had opted into the platform's facial recognition system.Kirsten Martin, a professor of technology ethics at the University of Notre Dame, said the trove of biometric data represents a vulnerability for Meta that will now be muted. "Facebook's decision to shutdown their facial recognition system is a good example of trying to make product decisions that are good for the user and the company," they said in an email. "The move, however, is also a good example of regulatory pressure since their FR system has been the target of advocacy and regulators for over a decade. The volume of images Facebook had to maintain and secure was a constant vulnerability for Facebook - both in terms of cost but also in terms of trust."

Facebook is shutting down its controversial facial recognition system over 'societal concerns'

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="http://www.gettyimages.co.uk/license/629851774">Getty / Drew Angerer</a></div></div></div><ul><li>The White House has reportedly invited executives from Facebook, Amazon, and 36 other companies to discuss the use of AI for national progress this week, <a href="https://www.washingtonpost.com/news/the-switch/wp/2018/05/08/white-house-will-host-amazon-facebook-ford-and-other-major-companies-for-summit-on-ai/?noredirect=on&amp;utm_term=.e8a59b9f8797">reports the Washington Post</a>.</li><li>The White House has been largely silent on the subject of AI and its potential to displace jobs - even as Silicon Valley invests heavily in the technology. </li><li>In addition to executives from the tech industry and from industries familiar with AI implementation (e.g. Ford), the White House has invited academics, government officials, and AI developers. </li></ul>The White House is reportedly convening tech executives, academics, and developers for a summit on AI scheduled for Thursday of this week. The executives will be coming from 38 companies, including tech titans Amazon, Facebook, Google, and Intel; and from companies familiar with using AI like Ford and United Airlines, <a href="https://www.washingtonpost.com/news/the-switch/wp/2018/05/08/white-house-will-host-amazon-facebook-ford-and-other-major-companies-for-summit-on-ai/?noredirect=on&amp;utm_term=.e8a59b9f8797">according to the Washington Post</a>. Among the highest-profile attendees will be Intel CEO Brian Krzanich and Facebook VP of AI Jerome Pesenti.Amazon, which hasn't met with the White House since President Trump started tweeting about the <a href="http://www.businessinsider.com/trump-post-office-charge-amazon-shipping-costs-report-2018-4">company's business practices</a>, is reportedly planning to send Rohit Prasad, head scientist for the Alexa AI-powered virtual assistant.Topics of discussion are said to include how industries like healthcare and transportation can best use AI, how to fund research in the field, and strategies for formulating federal policies and regulations. This summit could mark a shift in how the Trump administration approaches the notion of artificial intelligence: While the rise of AI has been the talk of Silicon Valley for some time, the White House has been largely silent on the topic since Trump took office in 2017.While the Trump administration has made job creation a cornerstone of its policy platform, it's generally accepted that AI will prove disruptive to industry and potentially replace workers across all sorts of jobs. Now, it seems, the White House is hosting this event to make up for some lost time.<a href="https://www.washingtonpost.com/news/the-switch/wp/2018/05/08/white-house-will-host-amazon-facebook-ford-and-other-major-companies-for-summit-on-ai/?noredirect=on&amp;utm_term=.e8a59b9f8797">Read the full Washington Post report here.</a>Get the latest Intel stock price<a href="http://markets.businessinsider.com/stock/intc-Quote"> here.</a> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/google-duplex-home-assistant-full-conversations-make-appointments-reservations-2018-5">Google's new AI can impersonate a human to schedule appointments and make reservations</a></h3> <div> </div> </div>

The White House is meeting execs from Facebook, Amazon, and other tech companies this week to talk about artificial intelligence

<div class="KonaFilter image-container display-table"><div><div class="image on-image">BenevolentAIJoanna Shields is BenevolentAI's new CEO.</div></div></div><ul><li>Drug discovery startup BenevolentAI has appointed former Facebook executive, ex-government minister, and peer Joanna Shields as its chief executive.</li><li>Shields is one of the highest-profile women in UK technology, but has been under the radar since stepping down as the British government's first internet safety minister last year.</li><li>BenevolentAI uses artificial intelligence to help discover new drugs to treat diseases such as Parkinson's.</li><li>The company recently raised $115 million from existing backers, including Woodford Investment Management, at a valuation of $2 billion.</li></ul> Former Facebook and Google executive Joanna Shields has become CEO of BenevolentAI, a London drug discovery startup valued at $2 billion (£1.5 billion).Shields told Business Insider that she will temporarily relinquish her duties as a peer in the House of Lords to take on the position. It means she will no longer attend sittings and can't claim a daily allowance of up to £300 ($408).Being a Conservative peer enabled Shields to participate in key votes on British government policy. Up until June last year, <a href="https://www.parliament.uk/biographies/lords/baroness-shields/4325" target="_blank" rel="noopener">she also served in the government</a> as the UK's first internet safety minister.Stepping back from her public duties was something she had to "think about," she told Business Insider."This is one of those really important times when expertise in the area of artificial intelligence and machine learning, applied to human health, is a very important area, for the country," Shields explained."To go out and do this and invest my time 100% knowing one day I will go back into the Lords in an active status is why that institution is so powerful."BenevolentAI applies artificial intelligence to drug discovery which, in time, it hopes could speed up the process for finding new drugs to treat diseases such as Parkinson's.It is headquartered in London, and recently raised $115 million at a $2 billion valuation from existing backers, including Woodford Investment Management. This makes it one of the UK's few unicorn startups, with a valuation of more than $1 billion.Shields will be tasked with the day-to-day running of the business while its founder, Kenneth Mulvany focuses on generating new ideas for the company."He has got 1,000 ideas in his head," BenevolentAI spokesman James Chandler said of Mulvany. "He needed someone that could help him build the business - that's why Joanna is here. He will be pursuing all those ideas in his head, and Joanna has the daunting task of making those ideas happen."Shields reiterated <a href="http://uk.businessinsider.com/benevolent-ai-ceo-ken-mulvany-interview-2017-4">comments made by Mulvany last year</a> that there is no intention to sell the company. "We're here to build a purposeful tech company," she said.Her appointment comes five months after <a href="https://www.cnbc.com/2018/01/23/facebook-hires-jerome-pesenti-as-new-vp-of-ai.html">Facebook poached Jerome Pesenti</a>, formerly CEO of BenevolentAI's technology division, as its head of AI.<h2>Joanna Shields was a government minister for internet safety - but is reluctant to criticise Facebook and Google</h2>Despite being one of the most high-profile figures in UK tech, Shields has been somewhat off the radar since stepping down as the UK government's first minister for internet safety last year.She said working for the government had not "been in the life plan" but said creating policy around how technology can aid counter-terrorism and issues such as fake news had been a unique opportunity."I was just starting to poke my head out, and think about what to do next," she said. "I left the government before the last election [in June 2017]. I stayed on doing some projects ... after Christmas, I flew to California and started talking to people, then suddenly I was in this process and here I am."Shields' last project for the government was <a href="https://uk.reuters.com/article/internet-trafficking-children/more-children-becoming-victims-of-brutal-online-sex-abuse-idUKL8N1Q3614">a February report on how easy it is to exploit children online, produced by an organisation she founded called WeProtect.</a> She remains involved with WeProtect but no longer influences policy.She was formerly a managing director at Google, then vice president of EMEA for Facebook. Some of her policy-making will have impacted both her former employers, both of which have been <a href="http://uk.businessinsider.com/mps-tear-into-google-facebook-and-twitter-2017-12">strongly criticised by MPs for not doing enough to tackle hate speech</a> online <a href="http://www.bbc.co.uk/news/uk-43853678">or to protect children</a>. Facebook is also recovering from the Cambridge Analytica scandal.<div class="KonaFilter image-container display-table"><div><div class="image on-image">Justin Sullivan/Getty ImagesFacebook CEO Mark Zuckerberg has had to apologise for the firm's privacy missteps.</div></div></div>Shields was reluctant to criticise either firm, but <a href="https://thenextweb.com/insider/2016/01/18/tech-companies-should-do-more-to-stop-people-joining-isis-says-uk-government/">pointed to her record of calling out Silicon Valley tech giants while in government</a>."I would draw your attention to three years of speeches I wrote imploring the industry to do more," she said. "I would say in some respects, we knew it was going to happen ... I can only say that it's a missed opportunity to be more responsible."Shields said her return to the private sector was fuelled by a desire to help answer the big questions facing humanity. While Google and Facebook are among the world's most powerful companies today, Shields worked at both firms while they were still in the relatively early stages, she said."At the time, they were exploring big questions that needed solving in terms of applying tech," she said. "When I was at Google, one of the things I was doing was licensing all this information and ingesting it to make the search index rich and robust."BenevolentAI, she said, similarly wants to build out its own "knowledge graph" to make it easier to discover new compounds that can be the foundations of cutting-edge new drugs.Chandler added that the startup is looking to expand "aggressively" in the US, <a href="http://uk.businessinsider.com/benevolentai-hired-keith-hall-google-new-york-office-2017-8">after it hired a longtime Google scientist</a> and opened a New York office last year.The company is headquartered in Kings Cross, nicknamed London's "knowledge sector" thanks to the presence of AI firms like DeepMind, and has grown from around 70 employees last year to 165 currently. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/online-gaming-racist-xbox-live-playstation-twitch-microsoft-black-gamers-2018-4">Gaming while black: How racist trolls are still dominating video games</a></h3> <div> </div> </div>

You Searched For "jerome pesenti" and got 9 results

Elon Musk tweets 'Facebook sucks' at Facebook AI lead who said Musk has 'no idea what he's talking about about when he talks about AI'

Ben Gilbert

Mark Zuckerberg was once so detached from Meta's AI work, he wasn't sure which breakthrough Sundar Pichai was praising him for: Bloomberg

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Meta's top engineer becomes the third senior executive to step down this month

Rosie Bradbury

Texas is suing Meta for violating state privacy laws with its former facial-recognition program

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Facebook's head of AI says Elon Musk 'has no idea what he is talking about'

Aaron Holmes

Tech: The economy might just be fine

Jordan Parker Erb

Facebook is shutting down its controversial facial recognition system over 'societal concerns'

Katie Canales

The White House is meeting execs from Facebook, Amazon, and other tech companies this week to talk about artificial intelligence

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Former Facebook executive Joanna Shields tells us why she just became CEO of a $2 billion AI startup

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