"Envy the lumberjacks, for they perform the happiest, most meaningful work on earth," the Washington Post wrote almost two years ago, after analyzing more than 13,000 journals from the U.S. Bureau of Labor Statistics' time-use survey. (For the first time the surveys asked how workers felt during the day.) And outdoor forestry jobs "look awesome by that metric, dangerous as they often are in the long run," the Post wrote in a recent follow-up. [Alternate URL.]

But is that really the right metric? "Readers kept reminding us that there's more to a fulfilling job than how happy you are while doing it." What about those wanting jobs where they're meaningfully impacting the world? We didn't have a stellar way to measure other feelings about work, but we kept our eye on an often-overlooked federal data provider: AmeriCorps. The independent agency, which CEO Michael D. Smith described to us as "bite-sized" but "punching well above our weight," funds the Civic Engagement and Volunteering Supplement, part of the Census Bureau's Current Population Survey... In 2021 and again in 2023, the researchers behind the CEV asked if you agree or disagree with these four statements:

- I am proud to be working for my employer.
- My main satisfaction in life comes from work.
- My workplace contributes to the community.
- I contribute to the community through my work....


The workers most likely to say they're proud to be working for their employer and that they gain satisfaction from work are — surprise! — the self-employed. The self-employed who are incorporated — a group that often includes small-business owners — are almost twice as likely as private-sector, for-profit workers to strongly profess pride in their employer.

Government and nonprofit workers fall somewhere in the middle on those questions. But they rank at the very top on "My workplace contributes to the community" and "I contribute to the community through my work." Local government workers, who include teachers, take the top spot for strong agreement on both, followed by nonprofit workers. Private-sector, for-profit workers once again lag behind. The jobs that do worse on these measures tend to be in manufacturing or other blue-collar production and extraction jobs, or at the lower-paid end of the service sector. Folks in food services (e.g., bartenders and food prep), janitorial roles and landscaping, and personal services (e.g., barbershops, laundry and hotels) all struggle to find greater meaning in their work. Though some better-paid service jobs also struggle by some measures — think sales, engineering or software development.

On the questions regarding pride in your employer and life satisfaction, we see managers and our old friends in agriculture and forestry take the top spots. But right behind them — and actually in the lead in the other question — lurks the real standout, a set of jobs we'd classify as "care and social services." That includes, most notably, religious workers. Looking a bit deeper at about 100 occupations for which we have detailed data, we see clergy were most likely to strongly agree on every question.
Other observations from the article:

• "As a rule, you feel better about your job as you get older. Presumably, it's some mix of people who love their work delaying retirement, people job-hopping until they find meaningful employment, and people learning to love whatever hand they've been dealt."

• "Most measures of satisfaction also rise with education, often quite sharply. Someone with a graduate degree is twice as likely as a high school dropout to strongly agree their workplace contributes to the community."

• But... "More-educated folks are actually a bit less likely to strongly agree that work is their main satisfaction in life."

"In a tiny handful of places..." Wired wrote last month, "you can find yourself flanked by taxis with no one in the drivers' seats." But they added that "Granted, practically everyone has been numbed by the hype cycle."

Wired's response? "[P]ile a few of us into an old-fashioned, human-piloted hired car, then follow a single Waymo robotaxi wherever it goes for a whole workday" to "study its movements, its relationship to life on the streets, its whole self-driving gestalt. We'll interview as many of its passengers as will speak to us, and observe it through the eyes of the kind of human driver it's designed to replace."

This week Wired senior editor John Gravios discussed the experience on the business-news radio show Marketplace (with Marketplace host Kai Ryssdal): Ryssdal: What kinds of reactions did you get from people once you track them down, what did they say about their experience in this driverless car?

Gravios:It was pretty uniform and impressive how much people just love it. They just like the experience of the drive, I guess it's a little bit less herky-jerky than a human driver, but I think a lot of it just comes down to people are just kind of relieved not to have to talk to somebody else, as as sad as that is...

Ryssdal: Tell me about Gabe, your Uber driver, and his thoughts on this whole thing, because that was super interesting.

Gravios: So Gabe, this is a guy whose labor is directly at stake. You know, he's a guy whose labor is going to be replaced by a Waymo. He's had 30 years of experience as a professional driver, first as a taxi driver. He even organized a taxi driver strike in the days before Uber. His first, I think his prejudice with Waymo is having shared the road with them sort of sporadically, he thought of them as kind of dopey, rule-following, frustrating vehicles to share the road with. But over the course of the day, he started to recognize that the Waymo was driving a lot like a taxi driver. The Waymo was doing things that were aggressive, that are exactly the kinds of things that a taxi driver is trained to be aggressive with and doing things that were cautious that are exactly the kinds of things that taxi drivers are trained to be cautious with.

Ryssdal: Can we talk unit economics here? According to the math from a study you guys' cite, Waymo is not making a whole lot of money per vehicle, right? And eventually they're going to scale, and it's going to work out, but for the moment, even though they've gotten 11 billion-something-dollars, they're not turning a whole lot of profit here.

Gravios: Yeah, that's a big question, and the math is, even that study, based on a lot of guesswork. It's really hard to say what the unit economics are. What we can say is that the ridership rates are going up so fast that that study is already well out of date. When we were doing our chase, I think the monthly ridership for Waymo was 100,000 rides a month. By October, it was already 150,000 rides a month. So, the economics are just shifting under our feet a lot.

"The Chinese government has long subsidized carmakers with the goal of becoming a major auto exporter," notes the New York Times. But this week they reported on dozens of dealerships around Mexico that are now selling China-made electric vehicles, saying it could be "a potentially grave threat to the North American auto industry."

One employee said their dealership "was selling cars as fast as they arrived from China," including "a small but capable four-door electric compact that costs about $18,000." Chinese carmakers are effectively barred from the United States by tariffs that double the sticker price of vehicles imported from China, and they are not yet manufacturing significant numbers of vehicles in Mexico that could be exported across the border. But their ambition to expand overseas is on vivid display in Mexico and across Latin America, Asia, Europe and Africa. Ads for Chinese brands are in airports and soccer stadiums and loom above Mexico City streets on large billboards. Chinese cars, both gasoline and electric models, are an increasingly common sight. BYD and others are also looking for places to build factories in Mexico, although none have announced firm plans. Initially, the plants would serve Latin America, part of a campaign by Chinese automakers to erode the dominance of Japanese, American and European carmakers in places like Brazil and Thailand.

But there is little doubt that, eventually, Chinese carmakers hope to use Mexico as an on-ramp to the United States.
One of Mexico's EV dealers suggested to the Times that "maybe next year BYD can enter the United States." And he added with a smile, "If not, I can deliver." It is very unlikely that the Dolphin or any other Chinese car brand will be available in the United States soon. Because of the high tariffs, Chinese carmakers have not tried to establish dealerships or get approval from federal regulators to sell in the United States. (BYD does make electric buses in California.) And someone buying a BYD from a Mexican dealer like Mr. Alegría would have a hard time registering and insuring it in the United States because the cars have not demonstrated that they meet safety standards... But in the years to come it may be difficult to explain to consumers in the United States why they're not allowed to buy inexpensive electric vehicles that are readily available across the border, especially if they're made in Mexico, which already manufactures millions of cars for the United States.

Less than 20 years ago, Chinese cars were widely seen as inferior, even by many Chinese drivers. But in recent years, the country's manufacturers have pulled even with foreign rivals in mechanical quality, analysts say, and often surpass U.S., Japanese and European carmakers in battery technology, autonomous driving and entertainment software. (Think in-car karaoke and rotating touch screens)... [T]he auto industry does not appear to have seen anything like the current wave of Chinese brands, which have quickly overtaken Japanese companies as the world's largest auto exporters. Chinese carmakers have made deep inroads in countries where they have local production or face few significant trade barriers. In Brazil, Chinese brands have a 9 percent share of car sales, up from 1 percent in 2019. In Thailand, they have 18 percent of the market, up from 5 percent in 2019, according to JATO.
The article notes that for the world's largest car market — China itself — General Motors just announced "a more than $5 billion hit to its profit" to restructure China operations that have been losing money in recent years. And the article includes this quote from Felipe Munoz, global analyst at the research firm JATO Dynamics.

"Before the pandemic, the rules were set down by the Western carmakers. Now it's the opposite."

An anonymous reader quotes a report from Engadget: The United States Postal Service unveiled a plan to buy a fleet of all-electric mail trucks for its mail carriers back in 2022, of which 3,000 were supposed to be delivered by now. Unfortunately, those plans aren't even close to fruition. The Washington Post reported that defense contractor Oshkosh has only delivered 93 vehicles so far. [...]

The Washington Post obtained nearly 21,000 government and internal company records and spoke with 20 people familiar with the trucks' manufacturing and design process. Its reporting shows that Oshkosh ran into significant manufacturing delays of the electric NGDVs that caused lower than expected delivery numbers. Some of the anonymous sources said that engineers struggled to calibrate the mail trucks' airbags, and the vehicles' body and internal components are unable to contain water leaks to an alarming degree. The turnaround time for building these new mail trucks is also very slow. The Post reports that the South Carolina factory can only build one truck per day even though Oshkosh hoped it could build at least 80 vehicles a day by now.

Oshkosh also failed to inform the Postal Service about these delays. Four of the background sources say a senior company executive tried to update the Postal Service about these manufacturing issues only to have those efforts blocked by their corporate superiors. An Oshkosh spokesperson said in a statement that the defense contractor is still "fully committed to being a strong and reliable partner" with the Postal Services and insists "we remain on track to meet all delivery deadlines," according to The Post.

EvenUp, a legal tech startup valued at over $1 billion, has largely relied on human workers rather than AI to process personal injury claims, according to Business Insider, which spoke to multiple employees.

The startup, which promised to automate the analysis of medical records and case files to determine accident compensation, saw its valuation surge from $85 million to $1 billion in October. Former staff members reported that supervisors instructed them not to use the AI system due to its unreliability, with some working until 3 a.m. to complete tasks manually.

The ex-employees cited numerous AI errors, including missed injuries, fabricated medical conditions, and incorrectly recorded doctor visits. While no errors made it into final products, such mistakes could have reduced victim payouts if not caught by human reviewers, they cautioned.

Intel's interim co-CEOs acknowledged that the company may be forced to sell its manufacturing operations if a new chipmaking technology slated for next year does not succeed. Reuters reports: Speaking at a Barclays investment banking conference in San Francisco on Thursday, Michelle Johnston Holthaus and David Zinsner - who were tapped as co-CEOs after the ouster of former CEO Pat Gelsinger last week - were asked if the company's continued combination of manufacturing and design was tied to the success of a new chipmaking technology called 18A due next year. Intel plans to use that technology to bring manufacturing of a flagship PC chip back in-house after being forced to outsource its biggest product to rival Taiwan Semiconductor Manufacturing. "Pragmatically, do I think it makes sense that they're completely separated and there's no tie?" Holthaus said of the company's product and manufacturing divisions. "I don't think so. But someone will decide that."

Zinsner, also chief financial officer, outlined how Intel is already separating the finances and operations of this manufacturing division into a standalone subsidiary. Zinsner said Intel Foundry, as the division is known, is already run separately from Intel's other businesses and is setting up a separate operational board and business process software system. "That's going to happen," Zinsner said. "Does it ever fully separate? That's an open question for another day."

Paul Knopp, KPMG US CEO, writing in an op-ed on WSJ: According to a United Nations estimate, 230 languages went extinct between 1950 and 2010. If my profession doesn't act, the language of business -- accounting -- could vanish too. The number of students who took the exam to become certified public accountants in 2022 hit a 17-year low. From 2020 to 2022, bachelor's degrees in accounting dropped 7.8% after steady declines since 2018.

While the shortage isn't yet an issue for the country's largest firms, it's beginning to affect our economy and capital markets. In the first half of 2024, nearly 600 U.S.-listed companies reported material weaknesses related to personnel. S&P Global analysts last year warned that many municipalities were at risk of having their credit ratings downgraded or withdrawn due to delayed financial disclosures.

Our profession must remove hurdles to learning the accounting language while preserving quality. In October, KPMG became the first large accounting firm to advocate developing alternate paths to CPA licensing. We want pathways that emphasize experience, not academic credits, after college. Most people today must earn 30 credits after their bachelor's degrees -- the so-called 150-hour rule -- work under a licensed CPA for a year, and pass the CPA exam to become licensed.

Research by the Center for Audit Quality finds that the 150-hour rule is among the top reasons people don't pursue CPA licensure. A December 2023 study found that the requirement causes a 26% drop in interest among minorities. There is a consensus for change, but we can't waste time. Many state CPA societies are working on legislation to create an alternative path to licensure. State boards of accountancy should replace the extra academic requirement with more on-the-job experience. A person who is licensed in one state should be able to practice in another even if reforms create different licensing requirements.

An anonymous reader shares a report: Google recently asked the U.S. government to break up Microsoft's exclusive agreement to host OpenAI's technology on its cloud servers, according to a person who has been directly involved in the effort. The conversation took place after the Federal Trade Commission, one of the primary federal antitrust enforcement agencies, asked Google about Microsoft's business practices as part of a broader investigation, this person said.

Firms that compete with Microsoft in renting out cloud servers, including Google and Amazon, want to host OpenAI's artificial intelligence themselves so their cloud customers don't need to also tap Microsoft servers to get access to the startup's technology, this person said.

Amazon expanded Tuesday into online car sales with the launch of Amazon Autos, an e-commerce business that lets customers find, order, and buy new cars, trucks, and SUVs from dealerships. From a report: Amazon is kicking off the new endeavor with Hyundai in 48 U.S. cities, including Atlanta, Boston, Chicago, Los Angeles, and New York. The launch comes a little more than a year since the e-commerce giant announced plans to start selling vehicles on its website in the second half of 2024. Amazon said it will add more cities and additional auto manufacturers in 2025.

Amazon Autos will function, in many ways, like the rest of the broader Amazon e-commerce ecosystem. Shoppers will be able to search for available vehicles from participating dealers by model, trim, color, and features. Notably, customers will also be able to secure financing and e-sign paperwork via the Amazon Autos site. Once the payment is finalized, customers can schedule when to pick up their vehicle from that dealership. When vehicles go on sale at Amazon, the local dealer (for now just Hyundai dealers) will be the seller of record. Amazon Autos will even handle trade ins.

After spending more than $10 billion on its robotaxi unit, General Motors is abandoning its Cruise driverless ride-hailing service. From a report: The Detroit automaker on Tuesday said it will no longer fund its Cruise division's robotaxi development and will instead fold the unit into its broader tech team. "Cruise was well on its way to a robotaxi business -- but when you look at the fact you're deploying a fleet, there's a whole operations piece of doing that," GM CEO Mary Barra said on a call Tuesday.

Barra said GM would instead focus on the development of autonomous systems for use in personal vehicles. GM cited the increasingly competitive robotaxi market, capital allocation priorities and the considerable time and resources necessary to grow the business as reasons for its decision.

As tech giants struggle to profit from AI, a growing industry of specialized AI training firms is emerging by hiring doctors, radiologists and other experts to develop commercially viable applications. The $20 billion data services sector, projected to grow 20% annually, is attracting major investment by focusing on high-value, specialized AI applications.

Companies like iMerit and Centaur Labs are recruiting specialists worldwide, from radiologists in Kazakhstan to agricultural experts in Bhutan, paying premium rates for domain expertise rather than basic data processing. While Microsoft and Alphabet post losses on AI development, this specialized sector is finding profitability by bridging the gap between raw AI capabilities and practical business applications.

chiguy writes: In October, a jury in a federal class-action lawsuit returned a verdict that found Cognizant intentionally discriminated against more than 2,000 non-Indian employees between 2013 and 2022. The verdict, which echoed a previously undisclosed finding from a 2020 US Equal Employment Opportunity Commission investigation, centered on discrimination claims based on race and national origin. Cognizant, based in Teaneck, New Jersey, was found to have preferred workers from India, most of whom joined the firm's US workforce of about 32,000 using skilled-worker visas called H-1Bs.

The case is part of a wave of recent discrimination claims against IT outsourcing companies that underscore growing concerns that these firms have exploited a broken employment-visa system to secure a cheaper, more malleable workforce. In the process, US workers say they've been disadvantaged. The industry, which provides computer services to other companies, makes extensive use of H-1Bs; over the past decade and a half, no employer has obtained more of them than Cognizant, federal records show.

Microsoft AI CEO Mustafa Suleyman predicts conversational AI will become the primary way people interact with technology, replacing traditional web browsers and search engines within the next few years. In an interview with The Verge, Suleyman, who oversees Microsoft's consumer AI products including Bing and Copilot, called current search interfaces "completely broken" and "a total pain," arguing that voice-based AI interactions will prove "100 times easier" for users. He said: The UI that you experience is going to be automagically produced by an LLM in three or five years, and that is going to be the default. And they'll be representing the brands, businesses, influencers, celebrities, academics, activists, and organizations, just as each one of those stakeholders in society ended up getting a podcast, getting a website, writing a blog, maybe building an app, or using the telephone back in the day.

The technological revolution produces a new interface, which completely shuffles the way that things are distributed. And some organizations adapt really fast and they jump on board and it kind of transforms their businesses and their organizations, and some don't. There will be an adjustment. We'll look back by 2030 and be like, "Oh, that really was the kind of moment when there was this true inflection point because these conversational AIs really are the primary way that we have these interactions." And so, you're absolutely right. A brand and a business are going to use that AI to talk to your personal companion AI because I don't really like doing that kind of shopping. And some people do, and they'll do that kind of direct-to-consumer browsing experience. Many people don't like it, and it's actually super frustrating, hard, and slow.

And so, increasingly you'll come to work with your personal AI companion to go and be that interface, to go and negotiate, find great opportunities, and adapt them to your specific context. That'll just be a much more efficient protocol because AIs can talk to AIs in super real-time. And by the way, let's not fool ourselves. We already have this on the open web today. We have behind-the-scenes, real-time negotiation between buyers and sellers of ad space, or between search ranking algorithms. So, there's already that kind of marketplace of AIs. It's just not explicitly manifested in language. It's operating in vector space.

An anonymous reader shares a report: Fans post about him on social media. Swag bearing his name sells out on the regular. College professors dedicate class sessions and textbook sections to him. Foreign government officials have been known to express jealousy over his skills, and one prominent economist refers to him as a "national treasure." Meet FRED, a 33-year-old data tool from St. Louis, Mo., and the economics world's most unlikely celebrity.

Even if you have not interacted with FRED yourself, there is a good chance you've encountered him without knowing it. The tool's signature baby blue graphs dot social media and crop up on many of the world's most popular news websites. Many people feel that way about FRED. The website had nearly 15 million users last year, and it is on track for even more in 2024, up from fewer than 400,000 as recently as 2009. Their reasons for clicking are diverse: FRED users are coming for freshly released unemployment data, to check in on egg inflation or to find out whether business is booming in Memphis.

That appeal crosses political lines. Larry Kudlow, who directed the National Economic Council during the first Trump administration, has tweeted and retweeted FRED charts. Groups as disparate as the spending-focused Alaskans for a Sustainable Budget and the pro-worker advocacy organization Employ America have used its charts to back up their arguments. It is even occasionally used by professional and White House economists, who tend to have access to sophisticated data tools, for quick charts. "It is unfathomable for me now, to think of the days before FRED," said Ernie Tedeschi, the director of economics at the Budget Lab at Yale and a former chief economist at the White House Council of Economic Advisers.

When he speaks to foreign government economists, he noted, they are often "jealous" of the data tool, which is more comprehensive and easier to use than what other countries offer. "It's a compliment to FRED," he said. FRED -- whose name stands for Federal Reserve Economic Data -- was born in 1991. But he was a sparkle in the eye of the St. Louis Fed long before that. The story started in the 1960s, with an economist named Homer Jones (now sometimes referred to as the "grandfather of FRED"). Mr. Jones was the director of research at the Fed's branch in St. Louis, and he wanted to make central bank decisions more data-based, so he started to mail typed data reports to Fed officials around the country.

Amazon is offering $25 (one-way) plane tickets to 5,000 students (or young adults between 18 and 24 years old) who have a Prime membership (up to $700 off the ticket's original price). CNET REports: Last year, Amazon offered the $25 flight deals to Prime Student members, but this holiday season, the retail giant is expanding the limited-time offer to those enrolled in its Prime for Young Adults plan... Once again, Amazon is joining with [travel-booking site] StudentUniverse to offer several thousand $25 flights you can book between December 9, 2024, and January 14, 2025. The offer is for a one-way domestic ticket within the U.S., including Washington, DC, while supply lasts. Amazon said it's making available 1,000 tickets to Prime Student and Young Adult subscribers each day for five days, starting at 10 a.m. PST on December 9.

Bruce Perens, original co-founder of the Open Source Initiative, has responded to questions from Slashdot readers about a new alternative he's developing that hopefully helps "Post Open" developers get paid.

But first, "One of the things that's clear from the Slashdot patter is that people are not aware of what I've been doing, in general," Perens says. "So, let's start by filling that in..."

Read on for the rest of his wide-ranging answers....

This week a Florida-based Bitcoin-tech company named MARA Holdings announced it had bought a 114-megawatt Texas wind farm, reports Chron.com, "and will subsequently take it off the power grid and use it to energize its mining operations."

MARA's CEO tells the site they're "leveraging renewable resources that would have otherwise been curtailed" while "reducing our bitcoin production costs through vertical integration, and demonstrating MARA's commitment to environmental stewardship." The wind farms were not a part of the Electric Reliability Council of Texas (ERCOT) grid, but instead they were located within the Southwest Power Pool, which manages the market for the central U.S., including but not limited to most or parts of Oklahoma, Kansas, Nebraska, South Dakota and North Dakota... A 114-MW facility could power somewhere between 20,000 and 100,000 homes, depending on who you ask...

Historically, the facilities use up a lot of power and have generated backlash from neighbors who have complained about the noise of the machines inside. Texas has been a haven for cryptocurrency tech companies, primarily because of the state's space, deregulated power market and friendly business climate. Two weeks ago, the Public Utilities Commission adopted a rule requiring crypto and other virtual currency miners within the ERCOT grid to register their locations, ownership information and electricity demands, to further ensure that they could be watchful of this emerging source of energy consumption.
"Crypto mining operations currently consume around 2.3 percent of US electricity, and it requires roughly 155,000kWh to mine one Bitcoin," notes the site Data Centre Dynamics. This is the second off-grid power deal MARA has signed over the last few months. In October, it launched a 25MW micro data center operation across oil wellheads in Texas and North Dakota. The data center will be powered exclusively by excess natural gas from oilfield production that would have otherwise been flared. The operation will be distributed across wellheads in Texas and North Dakota, with operational status expected by January 2025.
Some context from Bloomberg: A few years ago Bitcoin miners took part in a global scramble for electricity to power their specialized computers... But the rise of AI, with its insatiable demand for electricity, dwarfed the needs of crypto and upended energy markets worldwide. Miners must now compete with much-larger tech firms for connections to electrical grids and power contracts. "Bitcoin miners are being forced to go look at marginal generation," said [MARA CEO Fred] Thiel. "The AI guys can afford to pay a much higher amount for energy than a Bitcoin miner"... MARA's plan to mine only when the wind is blowing makes economic sense because its mine will house last-generation computers that would otherwise have been retired, Thiel said.
"Thiel said he'd be interested to potentially buy more wind farms over time."

This year Marvell's stock rose 95%, giving it a $100 billion market capitalization, according to the Wall Street Journal.

"The latest gains have even put Marvell's market cap ahead of much-beleaguered Intel, which still generates 10 times as much annual revenue." Marvell's recent trajectory suggests that the revenue gap will continue to narrow. The explosive growth of its data center business has finally reached a point where it can more fully offset weakness in the company's more legacy segments, which sell chips used in goods such as telecommunications gear, cable TV boxes and autos. Data center sales nearly doubled year over year to $1.1 billion in the just-ended quarter, and Marvell's projection for the current period indicates the company will end its fiscal year in January with the data center unit encompassing about 72% of its total revenue, up from 40% in the previous year.

The next year is looking bright as well. Marvell's latest deal with Amazon is a five-year "multigenerational" agreement that has Marvell helping Amazon design its own artificial intelligence chips. Amazon, which runs the world's largest cloud computing service, has been expanding its internal chip efforts significantly, in part to reduce its reliance on Nvidia for crucial AI components. Amazon announced the next generation of its largest AI chip, called Trainium, at its annual developers conference this week. Analysts believe Trainium will play a role in Marvell's AI custom revenue more than doubling in the next fiscal year ending January of 2026.

That is expected to help propel Marvell's annual revenue to more than $8 billion in fiscal 2026, up 40% from what is expected for this year, according to consensus estimates from Visible Alpha. In addition, 20% growth is expected for the following year, when Marvell expects to be in production of custom AI chips for another unnamed big tech customer that analysts believe to be Microsoft. Analyst Mark Lipacis of Evercore ISI projects that the industry for custom AI chips will reach $30 billion to $50 billion in sales by 2030. In a note to clients last week, he said Marvell "has the potential to capture one-third of that market."
Marvell's CEO "has been among the few names floated as potential replacements for the recently ousted Pat Gelsinger at Intel's corner office," the article points out — which meant he had to reassure investors on an earnings call that he was staying at Marvell.

"The company is outstanding. The technology is best-in-class. I can't think of a better place to work than Marvell."

The head of America's FCC "has drafted plans to regulate the cybersecurity of telecommunications companies," reports the Washington Post, and the plans could include financial penalties phone network operators with insufficient security — "the first time the agency has asserted such powers under federal wiretapping law." Rosenworcel said the FCC's authority in this matter comes from Section 105 of the Communications Assistance for Law Enforcement Act [passed in 1994] — a single sentence that stipulates, without elaboration, that telecommunications carriers should ensure systems security "in accordance with regulations prescribed by the Commission." As one of the measures, she is seeking to require network providers to submit an annual certification to the FCC that they are implementing a cybersecurity risk management plan. In addition to imposing fines, the FCC could coordinate with other agencies to pursue criminal penalties against carriers deemed too careless on cybersecurity...

Biden administration officials said voluntary efforts to protect against aggressive Chinese hacking activity have fallen short. "We've had for the last decade voluntary public-private partnership efforts," Neuberger told The Post in a recent interview. "But we continue to see successful breaches, and in many cases, as with ransomware attacks, we continue to see pretty basic cybersecurity practices not being followed." With China's hackers becoming more brazen, pre-positioning themselves in U.S. critical networks, "we need to lock our digital doors," Neuberger said...

Cyber requirements can make a difference, she said. After the Colonial Pipeline ransomware attack in 2021 shut down one of the nation's largest energy pipelines for several days, creating a national security scare, the Transportation Security Administration issued several security directives, and today, all of the country's several dozen critical pipeline companies are in compliance, she said. Similar directives were subsequently issued for rail and aviation sectors, and the compliance rates in those industries are now at 68 and 57 percent respectively, she said.

The Washington Post details a vision of home security "pitched by Sauron, a Silicon Valley start-up boasting a waiting list of tech CEOs and venture capitalists." In the future, your home will feel as safe from intruders as a state-of-the-art military base. Cameras and sensors surveil the perimeter, scanning bystanders' faces for potential threats. Drones from a "deterrence pod" scare off trespassers by projecting a searchlight over any suspicious movements. A virtual view of the home is rendered in 3D and updated in real time, just like a Tesla's digital display. And private security agents monitor alerts from a central hub.... By incorporating technology developed for autonomous vehicles, robotics and border security, Sauron has built a supercharged burglar alarm [argued Sauron co-founder Kevin Hartz, a tech entrepreneur and former partner at Peter Thiel's venture firm Founders Fund]...

For many tech elites, security is both a national priority and a growing concern in their personal lives... After the presidential election last month, the start-up incubator Y Combinator put out a request for "public safety technology" companies, such as those that produce tools that facilitate a neighborhood watch or technology that uses computer vision to identify "suspicious activities or people in distress from video feeds...." Sauron has raised $18 million in funding from executives behind Flock Safety and Palantir, the data analytics firm, [and] defense tech investors such as 8VC, a venture firm started by Palantir co-founder Joe Lonsdale... Sauron is targeting homeowners at the high end of the real estate market, beginning with a private event at Abraham's home on Thursday, during Art Basel Miami Beach, the annual art exhibition that attracts collectors from around the world. The company plans to launch in San Francisco early next year, before expanding to Los Angeles and Miami...

Big Tech companies haven't deployed tools such as facial recognition as aggressively as Hartz would like. "If somebody comes onto my property, I feel like I should know who that is," Hartz said... In recent years massive investments have driven down the cost of drones, high-resolution cameras and lidar sensors, which use light detection to create 3D maps. Sauron uses lower-cost hardware and tools like facial recognition, combined with custom-built software adapted for residential use. For facial recognition, it will use a third-party service called Paravision... Sauron is still figuring out how to incorporate drones, but it is already imagining more aggressive countermeasures, Hartz said. "Is it a machine that could take out a bad actor with a bullet or something?"