news aggregator
The management consulting industry is facing potential disruption as AI companies enter the advisory business and traditional firms struggle to maintain growth. McKinsey, approaching its 100th anniversary, reduced its workforce by 5,000 employees since late 2023 while its revenue growth slowed to 2% in 2024.
Boston Consulting Group closed the gap significantly, growing 10% and reducing McKinsey's revenue advantage from more than double in 2012 to just one-fifth larger today. Technology companies including Palantir and OpenAI now offer consulting-like services to help businesses implement AI models, with Palantir's revenue growing 39% year-over-year. The shift threatens consulting's core business model, as clients may eventually question paying premium fees when AI can perform much of the analytical work traditionally done by human consultants.
Read more of this story at Slashdot.
'Hyper-masculine' first-person shooter fandoms are prime targets
Researchers from Anglia Ruskin University have sounded the alarm on "gaming-adjacent platforms" including Discord, Twitch, and Steam being used as "digital playgrounds" to funnel new recruits into far-right and other extremist ideologies – with a focus on those showing interest in "hyper-masculine gaming titles."…
With just over two months left, enterprises look to Extended Security Updates as a stay of execution
Windows 11 is maintaining its lead over Windows 10, but millions of PCs are still running Microsoft's legacy operating system with less than three months until support ends.…
Let US and China compete in the AI development arms race, says former Brit PM's non-profit org
Britain should not try to compete with America and China in the race to build cutting-edge AI models and focus instead on widespread AI adoption, but even this will require a boost local compute capacity.…
Desktop project's in-house distro is impressively ambitious, but nowhere near ready
The former "Project Banana" now has a more sober name, albeit one a bit trickier to search for.…
The Associated Press investigates whether tech industry layoffs are really being caused by AI.
Their conclusion? "The reality is more complicated..."
"We're kind of in this period where the tech job market is weak, but other areas of the job market have also cooled at a similar pace," said Brendon Bernard, an economist at the Indeed Hiring Lab. "Tech job postings have actually evolved pretty similarly to the rest of the economy, including relative to job postings where there really isn't that much exposure to AI...."
Tech hiring has particularly plunged in AI hubs such as the San Francisco Bay Area, as well as Boston and Seattle, according to Indeed. But in looking more closely at which tech workers were least likely to get hired, Indeed found the deepest impact on entry-level jobs in the tech industry, with those with at least five years of experience faring better. The hiring declines were sharpest in entry-level tech industry jobs that involve marketing, administrative assistance and human resources, which all involve tasks that overlap with the strength of the latest generative AI tools that can help create documents and images...
Microsoft, which is staking its future on AI in the workplace, has also had its own researchers look into the jobs most vulnerable to the current strengths of AI technology. At the top of the list are knowledge work jobs such as language interpreters or translators, as well as historians, passenger attendants, sales representatives, writers and customer service representatives, according to Microsoft's working paper. On the other end, leading in work more immune to AI changes were phlebotomists, or healthcare workers who draw blood, followed by nursing assistants, workers who remove hazardous materials, painters and embalmers.
Read more of this story at Slashdot.
Blue Origin and Amazon's Kuiper satellite program are an arm's length apart
In the beginning there was Jeff Bezos. He created Amazon in 1994 and became filthy rich in the decades that followed, reaching a net worth exceeding $241 billion in 2025.…
Founder miffed over prosecutors holding onto its Bitcoin
The founder of a German mobile phone repair and insurance biz has begun insolvency proceedings for some operations in his company after struggling financially following a costly ransomware attack in 2023.…
If it’s not on-prem, it’s on the menu
Opinion The details of cloud data regionalization are rarely the stuff of great drama. When they’ve reached the level of an exe admitting to the Senate that a foreign power can help itself to that nations data, no matter where it lives, things get interesting.…
But its ok claims Brit government, no personal data stored 'unless absolutely necessary'
The UK government has reported that an additional five million age checks are being made daily as UK-based internet users seek to access age-restricted sites following the implementation of the Online Safety Act."…
Canonical lays off one of its old hands – a longstanding FOSS developer – after nearly two decades
Till Kamppeter, the lead developer of the OpenPrinting subsystem for Linux, has been laid off by Canonical after 19 years.…
"Jeff Bezos' Blue Origin launched a crypto billionaire and five other people to the final frontier on Sunday," reports Space.com:
The mission — known as NS-34, because it was the 34th overall flight of Blue Origin's New Shepard vehicle — lifted off from the company's West Texas spaceport at 8:43 a.m. EDT (1243 GMT; 7:43 a.m. local time in West Texas).
The highest-profile NS-34 passenger was Justin Sun, a 34-year-old billionaire who founded the blockchain platform Tron. In June 2021, Sun won an auction for a seat aboard the first-ever crewed flight of New Shepard, plunking down $28 million. [Sun was unable to take that flight due to a scheduling conflict, but Blue Origin says "the proceeds from the $28 million bid benefitted 19 space-focused charities"...] The people flying with Sun on Sunday were Arvinder (Arvi) Singh Bahal, an Indian-born American real estate investor and adventurer; Turkish businessman and photographer Gökhan Erdem; Deborah Martorell, a journalist and meteorologist from Puerto Rico; Englishman Lionel Pitchford, who has run an orphanage in Nepal for three decades; and American entrepreneur James (J.D.) Russell... All six passengers were spaceflight rookies except Russell, who flew on Blue Origin's NS-28 mission in November 2024.
NS-34 was the 14th human spaceflight to date for New Shepard, which consists of a rocket topped by a crew capsule. Both of these elements are reusable; the rocket comes back to Earth for a vertical, powered touchdown like those performed by SpaceX's Falcon 9 rockets, and the capsule lands softly under parachutes. Each New Shepard flight lasts 10 to 12 minutes from liftoff to capsule touchdown.
"New Shepard has now flown 75 people into space," Blue Origin said in a statement, "including five people who have flown twice."
Read more of this story at Slashdot.
Startups aren't good at testing software, or respecting contracts
Who, Me? Welcome to the opening day of another working week, an occasion The Register always celebrates with a new installment of Who, Me? It's the Monday column that revisits readers' worst moments at work, and celebrates your ability to rebound and reinvent in their wake.…
Attempts to censor QUIC traffic create chance to block access to offshore DNS resolvers
China’s attempts to censor traffic carried using Quick UDP Internet Connections (QUIC) are imperfect and have left the country at risk of attacks that degrade its censorship apparatus, or even cut access to offshore DNS resolvers.…
Oh, the irony of Europe demonstrating the importance of the sovereign cloud it craves
Microsoft disconnected Indian company Nayara Energy from its cloudy resources last week, before restoring access ahead of a court clash.…
Disney "cloned" Dwayne Johnson when filming a live-action Moana, reports the Wall Street Journal, using an AI process that they were ultimately afraid to use:
Under the plan they devised, Johnson's similarly buff cousin Tanoai Reed — who is 6-foot-3 and 250 pounds — would fill in as a body double for a small number of shots. Disney would work with AI company Metaphysic to create deepfakes of Johnson's face that could be layered on top of Reed's performance in the footage — a "digital double" that effectively allowed Johnson to be in two places at once... Johnson approved the plan, but the use of a new technology had Disney attorneys hammering out details over how it could be deployed, what security precautions would protect the data and a host of other concerns. They also worried that the studio ultimately couldn't claim ownership over every element of the film if AI generated parts of it, people involved in the negotiations said. Disney and Metaphysic spent 18 months negotiating on and off over the terms of the contract and work on the digital double. But none of the footage will be in the final film when it's released next summer...
Interviews with more than 20 current and former employees and partners present an entertainment giant torn between the inevitability of AI's advance and concerns about how to use it. Progress has at times been slowed by bureaucracy and hand-wringing over the company's social contract with its fans, not to mention its legal contract with unions representing actors, writers and other creative partners... For Disney, protecting its characters and stories while also embracing new AI technology is key. "We have been around for 100 years and we intend to be around for the next 100 years," said the company's legal chief, Horacio Gutierrez, in an interview. "AI will be transformative, but it doesn't need to be lawless...." [As recently as June, a Disney/Comcast Universal lawsuit had argued that Midjourney "is the quintessential copyright free-rider and a bottomless pit of plagiarism."]
Concerns about bad publicity were a big reason that Disney scrapped a plan to use AI in Tron: Ares — a movie set for release in October about an AI-generated soldier entering the real world. Since the movie is about artificial intelligence, executives pitched the idea of actually incorporating AI into one of the characters... as a buzzy marketing strategy, according to people familiar with the matter. A writer would provide context on the animated character — a sidekick to Jeff Bridges' lead role named Bit — to a generative AI program. Then on screen, the AI program, voiced by an actor, would respond to questions as Bit as cameras rolled. But with negotiations with unions representing writers and actors over contracts happening at the same time, Disney dismissed the idea, and executives internally were told that the company couldn't risk the bad publicity, the people said...
Disney's own history speaks to how studios have navigated technological crossroads before. When Disney hired Pixar to produce a handful of graphic images for its 1989 hit The Little Mermaid, executives kept the incorporation a secret, fearing backlash from fans if they learned that not every frame of the animated film had been hand-drawn. Such knowledge, executives feared, might "take away the magic."
Disney invested $1.5 billion in Fortnite creator Epic Games, acccording to the article, and is planning a world in Fortnite where gamers can interact with Marvel superheroes and creatures from Avatar. But "an experiment to allow gamers to interact with an AI-generated Darth Vader was fraught. Within minutes of launching the AI bot, gamers had figured out a way to make it curse in James Earl Jones's signature baritone." (Though Epic patched the workaround within 30 minutes.)
But the article spells out another concern for Disney executives. "If a Fortnite gamer creates a Darth Vader and Spider-Man dance that goes viral on YouTube, who owns that dance?
Read more of this story at Slashdot.
Napster's latest AI pivot "is the latest in a series of attempts by various owners to ride its brand cachet during emerging tech waves," Fast Company reported in July.
In March, it sold for $207 million to Infinite Reality, an immersive digital media and e-commerce company, which also rebranded as Napster last month. Since 2020, other owners have included a British VR music startup (to create VR concerts) and two crypto-focused companies that bought it to anchor a Web3 music platform. Napster's launch follows a growing number of attempts to drive AI adoption beyond smartphones and laptops.
And tonight the Washington Post re-visited the legacy of Napster's original mp3-sharing model, arguing Napster "inspired successive generations of entrepreneurs to risk flouting the law so they could grow enough to get the laws changed to suit them, including Airbnb and Uber."
"Napster to me embodies the idea that it is better to seek forgiveness than permission," said Mark Lemley, director of Stanford Law School's Program in Law, Science & Technology. "It didn't work out well for Napster or for many of the others who got sued, but it worked out very well for everyone else — users, and eventually the content industry, too, which is making record profits...." [Napster co-founder Sean] Parker later advised Spotify, and Napster marketing chief Oliver Schusser is now Apple's vice president for music.
Although many users saw Napster as an extension of rock-and-roll rebellion, that was not the company's real plan. First Fanning's majority-owning uncle, and then venture capital firm Hummer Winblad, wanted the start-up to leverage its knowledge of individual music consumers to make lucrative deals with the labels, according to internal documents this reporter found in researching a book on Napster. They warned that if no agreement were reached and Napster failed, more decentralized pirate services would take the audience and offer the labels nothing.
But settlement talks failed. The litigation blitz also took down a Napster competitor called Scour, which a young Travis Kalanick had joined shortly after its founding. Kalanick later created Uber, dedicated to overthrowing taxi regulations.
The article concludes that "Now it is Microsoft, Meta, Apple and Google, among the largest companies in the world, bankrolling the consumption of all media.
"They, too, have absorbed Napster's lessons in realpolitik, namely to build it first and hope the regulators will either yield or catch up."
Read more of this story at Slashdot.
PLUS: Nightmare insect found in Australia; Arista makes more stuff in India; Atlassian job cuts; And more!
Asia In Brief China’s Cyberspace Administration last week reported increased uptake of IPv6.…
NBC News reports that in the U.S., many recent graduates looking to enter the labor force "are painting a dire picture of their job search."
NBC News asked people who recently finished technical school, college or graduate school how their job application process was going, and in more than 100 responses, the graduates described months spent searching for a job, hundreds of applications and zero responses from employers — even with degrees once thought to be in high demand, like computer science or engineering.
Some said they struggled to get an hourly retail position or are making salaries well below what they had been expecting in fields they hadn't planned to work in. "It was very frustrating," said Jensen Kornfeind, who graduated this spring from Temple University with a degree in international trade. "Out of 70-plus job applications, I had three job interviews, and out of those three, I got ghosted from two of them."
The national economic data backs up their experience. The unemployment rate among recent graduates has been increasing this year to an average of 5.3%, compared to around 4% for the labor force as a whole, making it one of the toughest job markets for recent graduates since 2015, according to an analysis by the Federal Reserve Bank of New York released Friday. "Recent college graduates are on the margin of the labor market, and so they're the first to feel when the labor market slows and hiring slows," said Jaison Abel, an economist at the Federal Reserve Bank of New York.
Across the economy, hiring in recent months has ground to its slowest pace since the start of the pandemic, with employers adding just 73,000 jobs in July, according to data released Friday... Tech workers have been some of the hardest hit in a slowing job market, with more than 400 employers including Meta, Intel and Cisco announcing more than 130,000 jobs cut in 2025, according to tech job site TrueUp.
The article cites an economist at Indeed Hiring Lab who believes early adoption of AI "is also likely driving some of the cuts and leading employers to rethink hiring plans in anticipation of AI's future role." So besides federal policy changes, the article blames "the emergence of AI, which some companies have said they are using to replace certain entry-level jobs, like those in customer support or basic software development."
Seven months after graduating, one CS major told NBC News he'd applied for 100 jobs, and got one job offer — for the 4 a.m. shift at Starbucks.
Read more of this story at Slashdot.
PLUS: Slow MFA rollout costs Canucks $5m; Lawmakers ponder Stingray ban; MSFT tightens Teams; And more!
Infosec In Brief North Korea’s Lazarus Group has changed tactics and is now creating malware-laden open source software.…
Pages
|