Lambda School -- incubated at Y Combinator -- raised $130 million in venture funding from several investors including Google Ventures. Its original business model involved six-month virtual computer science courses for $30,000, remembers TechCrunch, "with the option of paying for the courses in installments based on a sliding scale that only kicks in after you land a job that makes at least $50,000."

But this week three former students "filed lawsuits against the company in California, claiming misleading financial and educational practices." The suits — which are being brought by the nonprofit National Student Legal Defense Network on behalf of Linh Nguyen, Heather Nye and Jonathan Stickrod — go back to a period of between 2018 and 2020, and they focus on four basic claims.

First, that Lambda School falsified and misrepresented job placement rates. Second, that Lambda School misrepresented the true nature of its financial interest in student success (specifically, there are question marks over how Lambda handles its Income-Share Agreement contracts and whether it benefits from those). Third, that it misrepresented and concealed a regulatory dispute in California that required the school to cease operations. And fourth, that it enrolled and provided educational services and signed Income-Share Agreement contracts in violation of that order...

Some of the issues that are raised in the lawsuits have also been resolved since then. For example, the prominent display of over 80% of students finding jobs can no longer be found on the Lambda site, and in California you no longer get an Income-Share Agreement but a retail installment contract (similar but different). But as is the way of litigation, lawsuits based on past issues from people who were impacted by them when they were still active, are, in many ways, the next logical, unsurprising step.

Impossible Foods has secured Child Nutrition Labels for its Impossible Burger products, which means they can now be part of school nutrition programs in the US. Engadget reports: To obtain the CN Labels, USDA's Food and Nutrition Services had to evaluate the plant-based meat's product formulation, as well as the company's quality control procedures and manufacturing processes. Now that it has acquired CN Labels for its products, the company is launching K-12 pilot programs this month in partnership with several school districts. The Palo Alto Unified School District in California, the Aberdeen School District in Washington, the Deer Creek Public Schools in Edmond, Oklahoma and the Union City Public Schools in Union City, Oklahoma will be using Impossible's faux meat in a variety of dishes for their menu. Those dishes include tacos, frito pies and spaghetti with Impossible meat sauce. Other school districts can easily obtain Impossible products from suppliers to add them to their menus, as well.

The US Federal Communications Commission has unanimously approved the final rules to implement the $7.17 billion Emergency Connectivity Fund Program. The FCC program will provide funding for schools and libraries across the country to buy laptops, tablets, Wi-Fi hotspots and broadband connections to help students and teachers to access the internet for online learning during the pandemic. From a report: The program is part of President Joe Biden's $1.9 trillion American Rescue Plan. It also follows the FCC approving a plan in February to administer $3.2 billion in emergency relief to subsidize broadband for millions of Americans during the pandemic. That program will provide $50 per month to low-income households and $75 per month to households on Native American lands to cover the cost of broadband services starting May 12. It also provides $100 toward buying a laptop or tablet. "Between this Emergency Connectivity Fund Program and the Emergency Broadband Benefit Program, we are investing more than $10 billion in American students and households," Jessica Rosenworcel, acting chairwoman of the FCC, said in a statement Monday. "These investments will help more Americans access online education, healthcare and employment resources. They will help close the homework gap for students nationwide."

Dartmouth college switched to remote tests when the coronavirus ended in-person exams — then accused 17 medical students of cheating, reports the New York Times: At the heart of the accusations is Dartmouth's use of the Canvas system to retroactively track student activity during remote exams without their knowledge. In the process, the medical school may have overstepped by using certain online activity data to try to pinpoint cheating, leading to some erroneous accusations, according to independent technology experts, a review of the software code and school documents obtained by The New York Times.

Dartmouth's drive to root out cheating provides a sobering case study of how the coronavirus has accelerated colleges' reliance on technology, normalizing student tracking in ways that are likely to endure after the pandemic. While universities have long used anti-plagiarism software and other anti-cheating apps, the pandemic has pushed hundreds of schools that switched to remote learning to embrace more invasive tools. Over the last year, many have required students to download software that can take over their computers during remote exams or use webcams to monitor their eye movements for possibly suspicious activity, even as technology experts have warned that such tools can be invasive, insecure, unfair and inaccurate.

Some universities are now facing a backlash over the technology....

While some students may have cheated, technology experts said, it would be difficult for a disciplinary committee to distinguish cheating from noncheating based on the data snapshots that Dartmouth provided to accused students. And in an analysis of the Canvas software code, the Times found instances in which the system automatically generated activity data even when no one was using a device. "If other schools follow the precedent that Dartmouth is setting here, any student can be accused based on the flimsiest technical evidence," said Cooper Quintin, senior staff technologist at the Electronic Frontier Foundation, a digital rights organization, who analyzed Dartmouth's methodology.

Seven of the 17 accused students have had their cases dismissed. In at least one of those cases, administrators said, "automated Canvas processes are likely to have created the data that was seen rather than deliberate activity by the user," according to a school email that students made public. The 10 others have been expelled, suspended or received course failures and unprofessional-conduct marks on their records that could curtail their medical careers... Tensions flared in early April when an anonymous student account on Instagram posted about the cheating charges. Soon after, Dartmouth issued a social media policy warning that students' anonymous posts "may still be traced back" to them.... The conduct review committee then issued decisions in 10 of the cases, telling several students that they would be expelled, suspending others and requiring some to retake courses or repeat a year of school at a cost of nearly $70,000...

Several students said they were now so afraid of being unfairly targeted in a data-mining dragnet that they had pushed the medical school to offer in-person exams with human proctors. Others said they had advised prospective medical students against coming to Dartmouth.

This week Linus Torvalds continued a long email interview with Jeremy Andrews, founding partner/CEO of Tag1 (a global technology consulting firm and the second all-time leading contributor to Drupal). In the first part Torvalds had discussed everything from Apple's ARM64 chips and Rust drivers, to his own Fedora-based home work environment — and reflections on the early days of Linux.

But the second part offers some deeper insight into the way Torvalds thinks, some personal insight, what he'd share with other project maintainers — and some thoughts on getting corporations to contribute to open source development: While open source has been hugely successful, many of the biggest users, for example corporations, do nothing or little to support or contribute back to the very open source projects they rely on. Even developers of surprisingly large and successful projects (if measured by number of users) can be lucky to earn enough to buy coffee for the week. Do you think this is something that can be solved? Is the open source model sustainable?

Linus Torvalds: I really don't have an answer to this, and for some reason the kernel has always avoided the problem. Yes, there are companies that are pure "users" of Linux, but they still end up wanting support, so they then rely on contractors or Linux distributions, and those obviously then end up as one of the big sources of kernel developer jobs.

And a fair number of big tech companies that use the kernel end up actively participating in the development process. Sometimes they end up doing a lot of internal work and not being great at feeding things back upstream (I won't name names, and some of them really are trying to do better), but it's actually very encouraging how many big companies are very openly involved with upstream kernel development, and are major parts of the community.

So for some reason, the kernel development community has been pretty successful about integrating with all the commercial interests. Of course, some of that has been very much conscious: Linux has very much always been open to commercial users, and I very consciously avoided the whole anti-corporate mindset that you can most definitely find in some of the "Free Software" groups. I think the GPLv2 is a great license, but at the same time I've been very much against some of the more extreme forms of "Free Software", and I — and Linux — was very much part of the whole rebranding to use "Open Source".

Because frankly, some of the almost religious overtones of rms and the FSF were just nutty, and a certain portion of the community was actively driving commercial use away.

And I say that as somebody who has always been wary of being too tainted by commercial interests... I do think that some projects may have shot themselves in the foot by being a bit too anti-commercial, and made it really hard for companies to participate...

But is it sustainable? Yes. I'm personally 100% convinced that not only is open source sustainable, but for complex technical issues you really need open source simply because the problem space ends up being too complex to manage inside one single company. Even a big and competent tech company.

But it does require a certain openness on both sides. Not all companies will be good partners, and some developers don't necessarily want to work with big companies.
In the interview Torvalds also thanks the generous education system in Finland, and describes what it was like moving from Finland to America. And as for how long he'll continue working on Linux, Torvalds says, "I do enjoy what I do, and as long as I feel I'm actually helping the project, I'll be around...

"in the end, I really enjoy what I do. I'd be bored to tears without kernel development."

CNN reports that a new study has again found that Mediterranean diets can lower your risk of dementia "by interfering with the buildup of two proteins, amyloid and tau, into the plaques and tangles that are hallmarks of Alzheimer's disease." "The mountain of evidence continues to build that you are what you eat when it comes to brain health," said Dr. Richard Isaacson, who directs the Alzheimer's Prevention Clinic at Weill Cornell Medicine and New York-Presbyterian Hospital... "For every point of higher compliance with the diet, people had one extra year less of brain aging. That is striking," Isaacson added. "Most people are unaware that it's possible to take control of your brain health, yet this study shows us just that...."

What is the Mediterranean diet...? The true diet is simple, plant-based cooking, with the majority of each meal focused on fruits and vegetables, whole grains, beans and seeds, with a few nuts and a heavy emphasis on extra-virgin olive oil. Fats other than olive oil, such as butter, are consumed rarely, if at all. And say goodbye to refined sugar or flour. Meat can make a rare appearance, but usually only to flavor a dish. Instead, meals may include eggs, dairy and poultry, but in much smaller portions than in the traditional Western diet. However, fish, which are full of brain-boosting omega-3's, are a staple.

The study, published Wednesday in Neurology, the medical journal of the American Academy of Neurology, examined 343 people at high risk of developing Alzheimer's and compared them to 169 cognitively normal subjects... After adjusting for factors like age, sex and education, the study found that people who did not follow the diet closely had more signs of amyloid and tau buildup in their spinal fluid than those who did adhere to the diet... "These results add to the body of evidence that show what you eat may influence your memory skills later on," said study author Tommaso Ballarini, a postdoctoral fellow at the German Center for Neurodegenerative Diseases in Bonn, Germany, in a statement...

This isn't the first research to find a link between brain health and the Mediterranean diet or one of its plant-based cousins. A study of nearly 6,000 healthy older Americans with an average age of 68 found those who followed the Mediterranean or the similar MIND diet lowered their risk of dementia by a third.
After reviewing the new study, Isaacson told CNN that "The strongest factor to really move the needle was regular fish consumption."

LeeLynx shares a report from The Register: The majority of Android and iOS apps created for US public and private schools send student data to assorted third parties, researchers have found, calling into question privacy commitments from Apple and Google as app store stewards. The Me2B Alliance, a non-profit technology policy group, examined a random sample of 73 mobile applications used in 38 different schools across 14 US states and found 60 percent were transmitting student data. The apps in question send data using software development kits or SDKs, which consist of modular code libraries that can be used to implement utility functions, analytics, or advertising without the hassle of creating these capabilities from scratch. Examples include: Google's AdMob, Firebase, and Sign-in SDKs, Square's OK HTTP and Okio SDKs, and Facebook's Bolts SDK, among others.

The data that concerns Me2B includes: identifiers (IDFA, MAID, etc), Calendar, Contacts, Photos/Media Files, Location, Network Data (IP address), permissions related to Camera, Microphone, Device ID, and Calls. About 49 percent of the apps reviewed sent student data to Google and about 14 percent communicated with Facebook, with the balance routing info to advertising and analytics firms, many among them characterized as high risk by the Me2B researchers. Among the public school apps, 67 per cent sent data to third parties; private school apps proved less likely to send data to third parties (57 percent). Interestingly, the research group found a signifiant difference across mobile platforms. According to The Register, "91 percent of student Android apps sent data to high-risk third parties while only 26 percent of iOS apps did so, and 20 percent of Android apps piped data to very high-risk third parties while only 2.6 percent of iOS did so."

The report adds: "Nonetheless, the researchers expressed concern that 95 percent of third-party data channels in the surveyed student apps are active even when the user is not signed in and that these apps send data as soon as the app is loaded."

The Electronic Frontier Foundation (EFF) has filed a lawsuit against the remote testing company Proctorio on behalf of Miami University student Erik Johnson. The Verge reports: The lawsuit is intended to "quash a campaign of harassment designed to undermine important concerns" about the company's remote test-proctoring software, according to the EFF. The lawsuit intends to address the company's behavior toward Johnson in September of last year. After Johnson found out that he'd need to use the software for two of his classes, Johnson dug into the source code of Proctorio's Chrome extension and made a lengthy Twitter thread criticizing its practices -- including links to excerpts of the source code, which he'd posted on Pastebin. Proctorio CEO Mike Olsen sent Johnson a direct message on Twitter requesting that he remove the code from Pastebin, according to screenshots viewed by The Verge. After Johnson refused, Proctorio filed a copyright takedown notice, and three of the tweets were removed. (They were reinstated after TechCrunch reported on the controversy.)

In its lawsuit, the EFF is arguing that Johnson made fair use of Proctorio's code and that the company's takedown "interfered with Johnson's First Amendment right." "Copyright holders should be held liable when they falsely accuse their critics of copyright infringement, especially when the goal is plainly to intimidate and undermine them," said EFF Staff Attorney Cara Gagliano in a statement. "I'm doing this to stand up against student surveillance, as well as abuses of copyright law," Johnson told The Verge. "This isn't the first, and won't be the last time a company abuses copyright law to try and make criticism more difficult. If nobody calls out this abuse of power now, it'll just keep happening."

An anonymous reader quotes a report from New Atlas: A fascinating new study from a team of US researchers has used machine learning techniques to develop algorithms that can analyze naturalistic driving data and detect mild cognitive impairment and dementia in a driver. The work is still in the preliminary stages, however, the researchers claim it could be possible in the future to detect early signs of dementia using either a smartphone app or devices incorporated into car software systems. The research utilized data from a novel long-term study called LongROAD (The Longitudinal Research on Aging Drivers), which tracked nearly 3,000 older drivers for up to four years, offering a large longitudinal dataset.

Over the course of the LongROAD study, 33 subjects were diagnosed with MCI and 31 with dementia. A series of machine learning models were trained on the LongROAD data, tasked with detecting MCI and dementia from driving behaviors. "Based on variables derived from the naturalistic driving data and basic demographic characteristics, such as age, sex, race/ethnicity and education level, we could predict mild cognitive impairment and dementia with 88 percent accuracy," says Sharon Di, lead author on the new study. Although age was the number one factor for detecting MCI or dementia, a number of driving variables closely followed. These include, "the percentage of trips traveled within 15 miles (24 km) of home ... the length of trips starting and ending at home, minutes per trip, and number of hard braking events with deceleration rates 0.35 g." Using driving variables alone, the models could still predict those MCI or dementia drivers with 66 percent accuracy. The new study was published in the journal Geriatrics.

Japan is opening its first gym for esports in Tokyo, a space for both amateur and experienced gamers to train and get professional coaching, according to Japan Today. From a report: The competitive gaming space, which is set to open on May 19 and will be known as "Esports Gym," will include a lounge and gaming PCs outfitted with some of Japan's most popular games, including Valorant and League of Legends. Gamers can book a three-hour time slot at one of the PCs for about $13 or opt for a monthly membership starting at $50, which allows daily access to the gaming PCs as well as optional coaching sessions that can be added on for about $25 an hour. Esports Gym, which is jointly operated by private transit company Tokyo Metro and esports education company Gecipe, will welcome experienced gamers as well as those who are new to gaming PCs or don't understand the game rules, according to the website.

The Boston Globe published some thoughts from a professor of political science at Fordham University: A bipartisan group of senators, including Elizabeth Warren of Massachusetts and Sheldon Whitehouse of Rhode Island, are backing a bill called the College Transparency Act. It would require public and private colleges around the country to report how many students enroll, transfer, drop out, and complete various programs. Then that information would be combined with inputs from other federal agencies, including the Internal Revenue Service, so that the "labor market outcomes" of former students could be tracked.

In other words, the act would create a system that publicizes how much money students make, on average, after going through particular colleges, programs, and majors. According to Senator Whitehouse, "Choosing a college is a big decision, and yet too often families can't get the information to make apples-to-apples comparisons of the costs and benefits of attending different schools." The purpose of the College Transparency Act is to allow people to make these comparisons. Its other sponsors are Republicans Bill Cassidy of Louisiana and Tim Scott of South Carolina.

Unfortunately, the College Transparency Act could reshape how students, families, policymakers, and the public view the purposes of higher education.

To be sure, privileged students will still be able to pursue their academic passions, but many students will be channeled into paths with a higher payoff upon graduation. Many students who might want to explore geography, philosophy, or the fine arts will be advised to stay away from such majors that do not appear lucrative... The system would publicize only some outputs of college — especially how much money students make — and not, for instance, surveys of graduates' satisfaction. This would have the effect of nudging students and families into viewing college as being primarily about making money...

If students learn to read complex texts and write research papers, practice public speaking, find a mentor, and make friends, then they often do well after college regardless of major.

Boris Johnson's personal mobile phone number has been freely available on the internet for the past 15 years, it has been revealed. The BBC reports: It was published in a think tank press release in 2006, but never deleted -- and appears to be the one the PM uses. Labour leader Sir Keir Starmer said it was "a serious situation [that] carries a security risk." But Chancellor Rishi Sunak said that, as far as he was aware, "all security protocols have been followed." It appears the number has been switched off but Downing Street still has not confirmed if the number will now be changed.

The think tank press release with the PM's number on it was related to Mr Johnson's then-job as a shadow higher education minister - and MP for Henley - and invited journalists to contact him for further comment. Two years later, he successfully stood to become mayor of London. Former national security adviser Lord Ricketts warned hostile states with "sophisticated cyber capabilities" or criminal gangs could now have access to Mr Johnson's digits. The crossbench peer also told BBC Radio 4's Today program that he would have thought changing your mobile number when becoming PM would be an "elementary security precaution these days."

Trade groups representing AT&T, Verizon and other telecom companies are opening fire on a new law requiring them to provide discounted internet service to low-income households in New York. From a report: New York's first-in-the-nation law could be adopted by other states at a time when the White House has signaled it wants to reduce broadband prices for all Americans. Driving the news: Trade associations USTelecom, CTIA, the New York State Telecommunications Association and others representing smaller companies filed a lawsuit Friday against New York's new law requiring providers in the state to offer broadband service for $15 a month to low-income households. New York estimates that 7 million people in 2.7 million households will qualify for the discounted service. "This program -- the first of its kind in the nation -- will ensure that no New Yorker will have to forego having reliable home internet service and no child's education will have to suffer due to their economic situation," Governor Andrew Cuomo said in a statement when he signed the legislation in April.

Long-time Slashdot reader destinyland writes: "More major corporations are abandoning the requirement of a four-year degree. At Apple, half of their employees don't have college degrees," reports NBC News. They also note that JP Morgan is "actively recruiting" people without a college degree for programs that train them for careers in areas like operations or consumer banking (showing one woman who ultimately got a $70,000-a-year position in Human Resources).

NBC warns that "this path is untested. Many jobs still require a Bachelor's degree, and on average, a college graduate makes 67% more than a high school graduate." But they add that "as the cost of college rises, some say the returns aren't keeping pace" — cutting to their interview with Salesforce founder and CEO Marc Benioff. "To make a lot of money, you just need to get the skills. You don't need to go to college!" he tells them enthusiastically. "You can do it all online!"

NBC provides the example of an immigrant from Colombia who went through free online training with Salesforce that led to a job. And earlier in the segment Benioff admits that "I only went to college because my parents made me go to college...!

"Everybody thinks that if you don't have a college degree you can't be successful in the United States, and it's not true... You can create incredible value for the world without a college degree."

theodp writes: Code.org on Wednesday announced that dozens of industry, education, and state leaders are supporting a new Code.org AP CS A Java-focused curriculum for high school students, which will be available at no charge to all schools starting in the 2022-23 school year. "We are proud to have the following companies on our Industry Advisory Panel: Adobe, Amazon, Atlassian, Disney, Epic Games, Goldman Sachs, Google, IBM, Instagram, Microsoft, Riot Games, Roblox, Snapchat, Spotify, Tesla, Unity, Vista Equity," Code.org tweeted. "A big thank you to the following colleges and universities on our Education Advisory Panel: @BowieState @UBuffalo @CarnegieMellon @Harvard @montgomerycoll @NCWIT @thisisUIC @Illinois_Alma @unlv @UNOmaha @SpelmanCollege @UT_Dallas @UW @westminsterpa." In an accompanying Medium post, Code.org explained: "This work is all made possible through a generous [$15 million] gift from Amazon Future Engineer."

Despite having the support of some of the world's richest corporations and individuals whose goals the nonprofit helps advance, recently-released SBA records show that Code.org applied for and was approved for its second forgivable Federal Paycheck Protection Program loan in the amount of $1.9 million dollars on March 25, a month after Amazon and Code.org issued a joint press release announcing their $15 million plan to work on a new AP CS A curriculum and other initiatives. Amazon certainly has ambitious plans for influencing K-12 CS education. Last week, the company announced a 2021 goal to "reach 1.6 million underrepresented students globally through Amazon Future Engineer with real world-inspired virtual and hands-on computer science project learning." And an Amazon Future Engineer job listing for a U.S. Country Senior Manager notes the job will require working "with national and local educational non-profits and governmental entities such as BootUp, Project STEM, Code.org, and the US and State Departments of Education," as well as positioning Amazon "as subject matter experts on US computer science education, as well as the local education systems of our headquarter regions."

The New York Times reports: Whether college admissions have changed for the long haul remains unclear. But early data suggests that many elite universities have admitted a higher proportion of traditionally underrepresented students this year — Black, Hispanic and those who were from lower-income communities or were the first generation in their families to go to college, or some combination — than ever before... The easing of the reliance on standardized tests, which critics say often work to the advantage of more educated and affluent families who can afford tutors and test prep, was most likely the most important factor in encouraging minority applicants.

Only 46 percent of applications this year came from students who reported a test score, down from 77 percent last year, according to Common App, the not-for-profit organization that offers the application used by more than 900 schools...

Schools had been dropping the testing requirement for years, but during the pandemic a wave of 650 schools joined in. In most cases, a student with good scores could still submit them and have them considered; a student who had good grades and recommendations but fell short on test scores could leave them out. Most schools have announced that they will continue the test-optional experiment next year, as the normal rhythm of the school year is still roiled by the pandemic.

It is unclear whether the shift foretells a permanent change in how students are selected.

This week Bloomberg profiled "one of the most spectacular failures in modern financial history: No individual has lost so much money so quickly."

Meet Bill Hwang, founder of Archegos Capital Management: Starting in 2013, he parlayed more than $200 million left over from his shuttered hedge fund into a mind-boggling fortune by betting on stocks. Had he folded his hand in early March and cashed in, Hwang, 57, would have stood out among the world's billionaires... At its peak, Hwang's wealth briefly eclipsed $30 billion...

Hwang used swaps, a type of derivative that gives an investor exposure to the gains or losses in an underlying asset without owning it directly. This concealed both his identity and the size of his positions. Even the firms that financed his investments couldn't see the big picture. That's why on Friday, March 26, when investors around the world learned that a company called Archegos had defaulted on loans used to build a staggering $100 billion portfolio, the first question was, "Who on earth is Bill Hwang?"

Because he was using borrowed money and levering up his bets fivefold, Hwang's collapse left a trail of destruction. Banks dumped his holdings, savaging stock prices. Credit Suisse Group AG, one of Hwang's lenders, lost $4.7 billion; several top executives, including the head of investment banking, have been forced out. Nomura Holdings Inc. faces a loss of about $2 billion... On March 25, when Hwang's financiers were finally able to compare notes, it became clear that his trading strategy was strikingly simple. Archegos appears to have plowed most of the money it borrowed into a handful of stocks — ViacomCBS, GSX Techedu, and Shopify among them. This was no arbitrage on collateralized bundles of obscure financial contracts. Hwang invested the Tiger way, using deep fundamental analysis to find promising stocks, and he built a highly concentrated portfolio. The denizens of Reddit's WallStreetBets day trading on Robinhood can do almost the same thing, riding such popular themes as cord cutting, virtual education, and online shopping. Only no brokerage will extend them anywhere near the amount of leverage billionaires get...

People familiar with Archegos say the firm steadily ramped up its leverage. Initially that meant about "2x," or $1 million borrowed for every $1 million of capital. By late March the leverage was 5x or more. Raising money to invest in streaming made sense. Or so it seemed in the ViacomCBS C-suite. Instead, the stock tanked 9% on Tuesday and 23% on Wednesday. Hwang's bets suddenly went haywire, jeopardizing his swap agreements...

Hwang, say people with swaps experience, likely had borrowed roughly $85 million for every $20 million, investing $100 and setting aside $5 to post margin as needed. But the massive portfolio had cratered so quickly that its losses blew through that small buffer as well as his capital.
"The best thing anyone can say about the Archegos collapse is that it didn't spark a market meltdown," the article concludes. "The worst thing is that it was an entirely preventable disaster made possible by Hwang's lenders..."

"Regulators are to blame, too. As Congress was told at hearings following the GameStop Corp. debacle in January, there's not enough transparency in the stock market."

Long-time Slashdot reader destinyland writes: The New York Times tells the story of Hungarian-born Dr. Kariko, whose father was a butcher and who growing up had never met a scientist — but knew they wanted to be one. Despite earning a Ph.D. at Hungary's University of Szeged and working as a postdoctoral fellow at its Biological Research Center, Kariko never found a permanent position after moving to the U.S., "instead clinging to the fringes of academia."

Now 66 years old, Dr. Kariko is suddenly being hailed as "one of the heroes of Covid-19 vaccine development," after spending an entire career focused on mRNA, "convinced mRNA could be used to instruct cells to make their own medicines, including vaccines."
From the article: For many years her career at the University of Pennsylvania was fragile. She migrated from lab to lab, relying on one senior scientist after another to take her in. She never made more than $60,000 a year... She needed grants to pursue ideas that seemed wild and fanciful. She did not get them, even as more mundane research was rewarded. "When your idea is against the conventional wisdom that makes sense to the star chamber, it is very hard to break out," said Dr. David Langer, a neurosurgeon who has worked with Dr. Kariko... Kariko's husband, Bela Francia, manager of an apartment complex, once calculated that her endless workdays meant she was earning about a dollar an hour.
The Times also describes a formative experience in 1989 with cardiologist Elliot Barnathan: One fateful day, the two scientists hovered over a dot-matrix printer in a narrow room at the end of a long hall. A gamma counter, needed to track the radioactive molecule, was attached to a printer. It began to spew data.

Their detector had found new proteins produced by cells that were never supposed to make them — suggesting that mRNA could be used to direct any cell to make any protein, at will.

"I felt like a god," Dr. Kariko recalled.
Yet Kariko was eventually left without a lab or funds for research, until a chance meeting at a photocopying machine led to a partnership with Dr. Drew Weissman of the University of Pennsylvania: "We both started writing grants," Dr. Weissman said. "We didn't get most of them. People were not interested in mRNA. The people who reviewed the grants said mRNA will not be a good therapeutic, so don't bother.'" Leading scientific journals rejected their work. When the research finally was published, in Immunity, it got little attention... "We talked to pharmaceutical companies and venture capitalists. No one cared," Dr. Weissman said. "We were screaming a lot, but no one would listen."

Eventually, though, two biotech companies took notice of the work: Moderna, in the United States, and BioNTech, in Germany. Pfizer partnered with BioNTech, and the two now help fund Dr. Weissman's lab.

NBC News reports: Facebook said Wednesday that hackers based in China used the social media platform as part of a campaign to hack and spy on diasporas of Uyghurs, the minority group the country has been accused of putting in "re-education" camps. The hackers used Facebook to identify, track and send malicious links to Uyghur activists, dissidents and journalists living in the U.S., Australia, Canada and Turkey, among other countries, Facebook said.

Facebook stopped short of directly blaming the Chinese government for sponsoring the campaign. "We can see geographic attribution based on the activity, but we can't actually prove who's behind the operation," the company's head of cybersecurity policy, Nathaniel Gleicher, said in a phone call with journalists. But Facebook did say the hackers are part of the same operation that the cybersecurity company Volexity cited in 2019 as being affiliated with the Chinese government. It published research that revealed that the country's hackers had gone to extreme measures to hack and spy on Uyghurs. They used sophisticated, previously unknown tools to load malicious code into multiple Uyghur news sites so that they would hack and spy on nearly any smartphone that visited.

"Who else would have the resources, the time and effort to go after these people? If you told me it was Iceland I'd be pretty surprised," Volexity CEO Steven Adair said in a phone call Wednesday...

Facebook's head of cyberespionage, Mike Dvilyanski, said on the call that while it had found and removed fewer than 500 accounts that sent malicious links to Uyghurs, it was "an extremely targeted operation... We were seeing them create personas on Facebook that are designed to look like journalists that focus on issues critical to the Uyghur community, that are designed to look like activists that might be standing up for the Uyghur community, designed to look like members of the community," Dvilyanski said. "Then use that as a way to trick them into clicking into these links to expose their devices."
The article also cites "multiple investigative reports" showing China "maintains re-education camps that detain an estimated 1 million Uyghurs...

"With omnipresent cameras, face recognition technology and intense collection of residents' data, it's one of the most heavily surveilled areas in the world."

CNBC wrote recently, "Artificial intelligence will create so much wealth that every adult in the United States could be paid $13,500 per year from its windfall as soon as 10 years from now. So says Sam Altman, co-founder and president of San Francisco-headquartered, artificial intelligence-focused nonprofit OpenAI..." [I]f the government collects and redistributes the wealth that AI will generate, AI's exponential productivity gains could "make the society of the future much less divisive and enable everyone to participate in its gains," Altman says.... As the pace of development accelerates, AI "will create phenomenal wealth" but at the same time the price of labor "will fall towards zero," Altman said. "It sounds utopian, but it's something technology can deliver (and in some cases already has). Imagine a world where, for decades, everything — housing, education, food, clothing, etc. — became half as expensive every two years."

In this future, where wealth will come from companies and land, governments should tax capital, not labor, and those taxes should be distributed to citizens, Altman said. In his post, Altman proposed an American Equity Fund that taxes sufficiently large companies 2.5% of their market value in the form of company shares, and 2.5% of the value of all land in the form of dollars... All citizens over 18 would receive payment in both dollars and company shares.... "As people's individual assets rise in tandem with the country's, they have a literal stake in seeing their country do well," Altman said. With this system in mind, in 10 years, the 250 million adults living in America would get $13,500 per year, Altman said... "That dividend could be much higher if AI accelerates growth, but even if it's not, $13,500 will have much greater purchasing power than it does now because technology will have greatly reduced the cost of goods and services," Altman wrote. "And that effective purchasing power will go up dramatically every year."

Elon Musk has hinted at a similar future. "There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk told CNBC in 2016. "Yeah, I am not sure what else one would do. I think that is what would happen." Musk is also a co-founder of OpenAI but left the board in 2018 citing the fact that Tesla was becoming an AI company as it developed self-driving capabilities. Such a system is "both pro-business and pro-people," Altman said, and would therefore bring together "a remarkably broad constituency."

"The changes coming are unstoppable," Altman said. "If we embrace them and plan for them, we can use them to create a much fairer, happier, and more prosperous society. The future can be almost unimaginably great."