After a month long trial, the jury in Sam Bankman-Fried's trial took less than four hours come to the decision that he is guilty on all charges, "including wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering". Sam will be sentenced March 28th, 2024. In a very brief nutshell, the crypto exchange FTX used money belonging to customers to fund a trading firm called Alameda Research (very illegal), which was the equivalent of a Sportsbet account for SBF but instead of a cheeky lobster on the Roos to beat the Eagles, it's a few billion on random real estate, political donations and crypto startups. When the shit hit the fan (his bets didn't work out but he owed customers money), SBF and mates tried to cover it all up and when the law came, his mates quickly turned and blamed SBF for everything. His defence was basically "I tried my best but fucked up", but nobody believed it so here we are. TIME has a solid article outlining how it all played out. Expect a Hollywood movie about FTX and SBF in 3-5 years.
British PM Rishi Sunak hosted an AI Safety Summit at the famous Bletchley Park this week where representatives from the 28 countries, including the USA, China and Australia signed the Bletchley Declaration - 1,137 words to say that AI has potential but could also be bad, so we should be thoughtful about it. Also at the summit, Rishi Sunak and Elon Musk had a fireside chat about AI. Whole video is up on Musk's X account if you're keen. I'd try and summarise what the conversation between these two smooth brains entailed but it doesn't matter so fuck it, we all have better things to do. The Guardian took a stab at trying to interpret meaning from Sunak's shindig - go read that if you care - but ultimately what these people say is kinda meaningless as the technology progresses without the people actually involved in the creation of AI systems stopping to contemplate the ramifications.
Did you know that the AFP have "technology detection dogs" that are "able to sniff out tiny electronic devices such as USBs and SIM cards, which are easily concealed due to their small size"??? I only learned about this when they arrested the mushroom killer (alleged) and an article briefly mentioned that they got in dogs to try and find any electronics she may have stashed in her home. A US criminal lawyer's blog reckons "all electronics use a compound called triphenylphosphine oxide (TPPO), which covers the circuit boards in electronics to prevent overheating. Another common compound is hydroxycyclohexyl phenyl ketone (HPK), which can be found in CDs, DVDs, Blu-Rays, and floppy disks. Electronic sniffing dogs are trained to detect these chemical compounds, then alert their handlers to these compounds". Something to keep in mind should you need to avoid your gear getting nabbed by the cops.
Here's five interesting discussions over on The Sizzle's paid subscriber forum for you to enjoy over the weekend. If you are not a paid subscriber but want to get involved, visit https://thesizzle.com.au/payme to get onboard.
The boot of my car in 2013, packed full of Radeon 7950 GPUs I purchased in bulk with the intent to mine Litecoin. (I took this photo!)
📻 Lightsabre Cocksucking Blues - Mclusky
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