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Google Boss Says Trillion-Dollar AI Investment boom Has 'Elements of Irrationality'

Slashdot.org - Tue, 11/18/2025 - 09:01
Every company would be affected if the AI bubble were to burst, the head of Google's parent firm Alphabet has told the BBC. From the report: Speaking exclusively to BBC News, Sundar Pichai said while the growth of artificial intelligence investment had been an "extraordinary moment", there was some "irrationality" in the current AI boom. It comes amid fears in Silicon Valley and beyond of a bubble as the value of AI tech companies has soared in recent months and companies spend big on the burgeoning industry. Asked whether Google would be immune to the impact of the AI bubble bursting, Mr Pichai said the tech giant could weather that potential storm, but also issued a warning. "I think no company is going to be immune, including us," he said. In a wide-ranging exclusive interview at Google's California headquarters, he also addressed energy needs, slowing down climate targets, UK investment, the accuracy of his AI models, and the effect of the AI revolution on jobs.

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Valar Atomics Says It's the First Nuclear Startup To Achieve Criticality

Slashdot.org - Tue, 11/18/2025 - 08:00
An anonymous reader quotes a report from Wired: Startup Valar Atomics said on Monday that it achieved criticality -- an essential nuclear milestone -- with the help of one of the country's top nuclear laboratories. The El Segundo, California-based startup, which last week announced it had secured a $130 million funding round with backing from Palmer Luckey and Palantir CTO Shyam Sankar, claims that it is the first nuclear startup to create a critical fission reaction. It's also, more specifically, the first company in a special Department of Energy pilot program aiming to get at least three startups to criticality by July 4 of next year to announce it had achieved this reaction. The pilot program, which was formed following an executive order President Donald Trump signed in May, has upended US regulation of nuclear startups, allowing companies to reach new milestones like criticality at a rapid pace. There's a difference between the type of criticality Valar reached this week -- what's known as cold criticality or zero-power criticality -- and what's needed to actually create nuclear power. Nuclear reactors use heat to create power, but in cold criticality, which is used to test a reactor's design and physics, the reaction isn't strong enough to create enough heat to make power. The reactor that reached criticality this week is not actually Valar's own model, but rather a blend of the startup's fuel and technology with key structural components provided by the Los Alamos National Laboratory, one of the DOE's research and development laboratories. The combination reactor builds off a separate fuel test performed last year at the laboratory, using fuel similar to what Valar's reactor will use. "Zero power criticality is a reactor's first heartbeat, proof the physics holds," Valar founder Isaiah Taylor said in a statement. "This moment marks the dawn of a new era in American nuclear engineering, one defined by speed, scale, and private-sector execution with closer federal partnership."

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Cloudflare Outage Knocks Many Popular Websites Offline

Slashdot.org - Tue, 11/18/2025 - 07:00
An outage at Cloudflare that began moments ago has knocked many popular websites, including ChatGPT and X, according to user reports. Cloudflare says on its website: "Cloudflare is aware of, and investigating an issue which potentially impacts multiple customers. Further detail will be provided as more information becomes available." Update: In a statement after the outage was resolved, Cloudflare CTO said: Earlier today we failed our customers and the broader Internet when a problem in Cloudflare network impacted large amounts of traffic that rely on us. The sites, businesses, and organizations that rely on Cloudflare depend on us being available and I apologize for the impact that we caused. Transparency about what happened matters, and we plan to share a breakdown with more details in a few hours. In short, a latent bug in a service underpinning our bot mitigation capability started to crash after a routine configuration change we made. That cascaded into a broad degradation to our network and other services. This was not an attack. That issue, impact it caused, and time to resolution is unacceptable. Work is already underway to make sure it does not happen again, but I know it caused real pain today. The trust our customers place in us is what we value the most and we are going to do what it takes to earn that back.

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How To Not Get Kidnapped For Your Bitcoin

Slashdot.org - Tue, 11/18/2025 - 05:00
schwit1 shares a report from the New York Times: Pete Kayll, a musclebound veteran of Britain's Royal Marines, had an unusual instruction for the Bitcoin investors gathered in Switzerland in late October. "Just bite your way out," he told them. It was the final day of a weekend-long cryptocurrency convention on the shore of Lake Lugano, near the Italian border. A small group of investors had lined up in a conference room to have their hands bound with plastic zipties. Now they were learning how to get them off. "Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt." Most people don't go to an international crypto conference expecting to learn how to gnaw through plastic. But after hours of panels devoted to topics like Bitcoin-collateralized loans, these investors were looking for something more practical. They wanted to know what to do if they were grabbed on the street and thrown into the back of a van. Already paranoid about scams, hacks and market turmoil, wealthy crypto investors have lately become terrified about a much graver threat: torture and kidnapping. These threats are known as "wrench attacks," which is a reference to a popular XKCD cartoon where a thief skips the hacking and just uses a wrench to force out the password. According to the NYT, the best way to stay protected is staying low-profile, minimizing visible signs of wealth, using basic physical security tools, and preparing for self-defense. The report specifically recommends avoiding flashy displays of wealth like luxury watches and cars, watching for honey-traps, using hotel door stoppers, practicing escape techniques such as breaking zip-ties, hiring discreet bodyguards, and relying on panic-button apps like Glok to summon help quickly.

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Warren Buffett’s Thanksgiving Letter 2025

MyMoneyBlog.com - Tue, 11/18/2025 - 02:37

Warren Buffett will step down as CEO of Berkshire Hathaway at the end of 2025, which also means he will no longer write the Annual Shareholder Letter and take questions at the Annual Shareholder’s Meeting which have become so famous. Instead, he is transitioning to an annual “Thanksgiving Letter”, of which the first one just came out. I am happy that he has found another way to communicate with Berkshire Shareholders.

As always, I recommend reading it directly as his writing style is unique and also (relatively) concise. Mostly, the highlights below are a personal exercise to process and help internalize the wisdom shared.

In the first part of the letter, he reminisces about his long life and shows gratitude for the many lucky events that broke his way, starting with an emergency appendectomy as a child.

As he has reminded us in past letters, nearly everyone reading his writing has had multiple lucky breaks already. Buffett notes that he was “born in 1930 healthy, reasonably intelligent, white, male and in America.” Think about each of those individually. We have no control over them. Imagine being born with an incurable genetic disease or in a struggling country constantly ravaged by war.

In the second part, he talks about accelerating his charitable giving plans so that his children can put it to good use. I always find it interesting how Buffett hasn’t been more active at directing his enormous donations towards specific purposes, even though it’s also a way of “investing” his money. I wonder if it is because it’s so hard to measure the true impact of giving. There is no clear, numerical scorecard like share price or annualized return.

In the third part, he addresses the future of Berkshire Hathaway. From what I can see, Buffett has done a careful and thorough job of making sure his life’s “painting” is in good hands. Greg Abel looks to have all the right talents and skills to be the new boss. Ajit Jain and the rest look to be good fits and not in search of fame or power.

As a company, Berkshire remains designed to provide a very high chance of solid returns, a low chance of amazingly-high returns, and the lowest-possible chance of disaster (if BRK falls, nothing else is standing either). I plan to hold my Berkshire shares through this transition, and I hope the culture remains.

Finally, he concludes with some timeless life advice: don’t dwell on your mistakes, keep trying to improve yourself, be kind to others.

Categories: Finance

UC Berkeley Scientists Hail Breakthrough In Decoding Whale Communication

Slashdot.org - Tue, 11/18/2025 - 02:00
UC Berkeley researchers working with Project CETI discovered that sperm whales produce vowel-like sounds embedded in their click codas, suggesting a far more complex communication system than previously understood. "It was striking just how structured the system was. I've never seen anything like that before with other animals," Begus, a UC Berkeley linguistics professor and the linguistics lead at Project CETI, told SFGATE. "We're showing the world that there's more than meets the eye in sperm whales and that, if one cares to look closely, they're not as alien. We're much more similar to each other than we used to think." SFGATE reports: With the help of a machine-learning model to identify patterns, Begus and his team combed through recordings collected from social units of sperm whales off the coast of the island of Dominica between 2005 and 2018. When they sped up the audio, removing the silences between clicks, they heard new patterns. They found acoustic properties that share similarities with two vowels -- a and i -- and several vowel combinations. "Before, people were looking just at the timing and the number of clicks exchanged between sperm whales, but now we have to look at the frequencies, too. A whole new set of patterns have appeared," Begus said. "Now, it's one of the most complex non-human communication systems we have observed." [...] Begus said the research only shows how much more we have to learn about whales' style of communicating. He is particularly interested in exploring how the system may differ for whales between regions and how whale babies learn to communicate in this way. Most importantly, he wants to understand the meaning behind the sounds, as a "window into whale thoughts and lives." The research was published in the journal Open Mind.

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We Can Now Track Individual Monarch Butterflies

Slashdot.org - Mon, 11/17/2025 - 22:30
An anonymous reader quotes a report from the New York Times: For the first time, scientists are tracking the migration of monarch butterflies across much of North America, actively monitoring individual insects on journeys from as far away as Ontario all the way to their overwintering colonies in central Mexico. This long-sought achievement could provide crucial insights into the poorly understood life cycles of hundreds of species of butterflies, bees and other flying insects at a time when many are in steep decline. The breakthrough is the result of a tiny solar-powered radio tag that weighs just 60 milligrams and sells for $200. Researchers have tagged more than 400 monarchs this year and are now following their journeys on a cellphone app created by the New Jersey-based company that makes the tags, Cellular Tracking Technologies. Most monarchs weigh 500 to 600 milligrams, so each tag-bearing migrator making the transcontinental journey is, by weight, equivalent to a half-raisin carrying three uncooked grains of rice. Researchers are tracking more than 400 tagged monarch butterflies as they fly toward winter colonies in central Mexico. The maps [in the article] follow six butterflies. [...] Tracking the world's most famous insect migration may also have a big social impact, with monarch lovers able to follow the progress of individual butterflies on the free app, called Project Monarch Science. Many of the butterflies are flying over cities and suburbs where pollinator gardens are increasingly popular. Some tracks could even lead to the discovery of new winter hideaways. "There's nothing that's not amazing about this," said Cheryl Schultz, a butterfly scientist at Washington State University and the senior author of a recent study documenting a 22 percent drop in butterfly abundance in North America over a recent 20-year period. "Now we will have answers that could help us turn the tide for these bugs."

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