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AI will disrupt the labor market within five to ten years and force Americans to rely on investment returns rather than wages for income, according to Vlad Tenev, chief executive of stock trading firm Robinhood. Tenev told Fortune that "if you can't rely on labor to generate money to make a living, capital becomes more important." The brokerage chief said private companies and government must make investing easier from an early age. He cited the proposed Invest America Act, included in congressional reconciliation legislation, which would provide every newborn with $1,000 in an investment account. Tenev said the policy represents preparation for an economy where "humans comprise less than 1% of the total intelligence" as AI systems advance beyond current capabilities.

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Async I/O and UUID v7 highlights of the September release, though some SQL features are delayed

Users and developers can expect the release of PostgreSQL 18 in September, the new iteration of the popular open source database, promising new features to enhance analytics and distributed architectures.…

Atlassian said it has agreed to acquire The Browser Co., a startup that offers a web browser with AI features, for $610 million in cash. CNBC: The companies aim to close the deal in Atlassian's fiscal second quarter, which ends in December. Established in 2019, The Browser Co. has gone up against some of the world's largest companies, including Google, with Chrome, and Apple, which includes Safari on its computers running MacOS. The startup debuted Arc, a customizable browser with a built-in whiteboard and the ability to share groups of tabs, in 2022. The Dia browser, a simpler option that allows people to chat with an AI assistant about multiple browser tabs at once, became available in beta in June. Atlassian co-founder and CEO Mike Cannon-Brookes said he sees shortcomings in the most popular browsers for those who do much of their work on computers.

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'A cross-platform browser as an OS is now closer than ever,' claims $610M richer cofounders of The Browser Company

Atlassian today revealed it has purchased New York startup The Browser Company, and it appears the pair have plans to reinvent the ChromeOS wheel with added... AI.…

Ubuntu 24.04.3, with a prettified Xfce 4.18

Linux Lite 7.6 is the latest, slightly updated release of this technologically moderate distro from New Zealand.…

An anonymous reader quotes a report from Ars Technica: On Tuesday, Tencent released HunyuanWorld-Voyager, a new open-weights AI model that generates 3D-consistent video sequences from a single image, allowing users to pilot a camera path to "explore" virtual scenes. The model simultaneously generates RGB video and depth information to enable direct 3D reconstruction without the need for traditional modeling techniques. However, it won't be replacing video games anytime soon. The results aren't true 3D models, but they achieve a similar effect: The AI tool generates 2D video frames that maintain spatial consistency as if a camera were moving through a real 3D space. Each generation produces just 49 frames -- roughly two seconds of video -- though multiple clips can be chained together for sequences lasting "several minutes," according to Tencent. Objects stay in the same relative positions when the camera moves around them, and the perspective changes correctly as you would expect in a real 3D environment. While the output is video with depth maps rather than true 3D models, this information can be converted into 3D point clouds for reconstruction purposes. There are some caveats with the tool. It doesn't generate true 3D models (only 2D frames with depth maps) and each run produces just two seconds of footage, with errors compounding during longer or complex camera motions like full 360-degree rotations. Furthermore, because it relies heavily on training data patterns, its ability to generalize is limited and it demands enormous GPU power (60-80GB of memory) to run effectively. On top of that, licensing restricts use in the EU, UK, and South Korea, with large-scale deployments requiring special agreements. Tencent published the model weights on Hugging Face.

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Overly complex architecture featuring SpaceX's Starship to blame

A former NASA administrator has told the US Senate Commerce Committee that it is "highly unlikely" the US will return humans to the Moon before a Chinese taikonaut plants a flag on the lunar surface.…

Investment research firm Bernstein warned Thursday that India faces a "strategic tech crisis" as US technology giants deploy predatory pricing strategies to lock up the Indian AI market. Perplexity Pro launched free for one year to Airtel's 350 million subscribers while OpenAI introduced a $5 monthly India subscription compared to $20 in the United States. Bernstein analysts described regulatory "double standards" where foreign tech companies receive favorable treatment while domestic companies face what the firm called "crushing rules and government-led 'tech stacks' that make private business unviable." Private AI investment in India totaled $11.29 billion between 2013 and 2024 compared to $471 billion in the United States and $119 billion in China. From the report: When OpenAI, which is reportedly looking to set up a data center in India, announced the plans to launch a new office, it was met with another round of excitement -- "as if Open AI will hire all Indians at hefty salaries," the firm wrote in a note to clients Thursday. Bernstein analysts pour cold water on this excitement, dismissing it as a "repeat of the 90s" and arguing that the hype misses the fundamental power imbalance. "Anyone, we repeat anyone, can build a data center... This is the start of the dominance of US tech in Indian AI environment ensuring Indian entrepreneurs do not get a fighting chance to stay relevant. They will run on the sidelines - piggybacking on the US foundation models or maybe even the Chinese," they wrote.

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