• Risks Digest 34.48

    From RISKS List Owner@21:1/5 to All on Sat Nov 9 04:31:44 2024
    RISKS-LIST: Risks-Forum Digest Friday 8 Nov 2024 Volume 34 : Issue 48

    ACM FORUM ON RISKS TO THE PUBLIC IN COMPUTERS AND RELATED SYSTEMS (comp.risks) Peter G. Neumann, founder and still moderator

    ***** See last item for further information, disclaimers, caveats, etc. ***** This issue is archived at <http://www.risks.org> as
    <http://catless.ncl.ac.uk/Risks/34.48>
    The current issue can also be found at
    <http://www.csl.sri.com/users/risko/risks.txt>

    Contents: [Sorry for the 3-week gap. Life caught up with me. PGN] Falsehoods from Russia on Election Were Brazen (NTYimes)
    1700 letters from the tax office: Daylight exit messed up
    (Debora Weber-Wulff)
    Username Over 52 Characters with No Password says Okta (Presale1)
    X is the latest social media site letting 3rd parties use your data to train
    AI models (CBC)
    Australia plans social media ban for under-16s (BBC)
    Man who made 'depraved' child images with AI jailed (BBC)
    14-year-old obsessed with AI chatbot commits suicide
    Election Officials Are Prepared for a Lot More Than You Might Think
    (NYTimes)
    Annoyed Redditors tanking Google Search results illustrates perils of AI
    scrapers (Ars Technica)
    FBI says hackers are sending fraudulent police data requests ot
    tech giants to steal people's private information (TechCrunch)
    AI in radio: A Polish interviewer fired (Jim Geissman)
    When Google's AI agent messes with ya' (Lauren Weinstein)
    Nobody wants Copilot Pro AI for Office365, so Microsoft will
    force-bundle it and raise the price? (Pivot to AI)
    Microsoft, Google and Amazon turn to nuclear energy
    to fuel the AI boom (CBC)
    Why Tech Employees Are Ready to Revolt: AI
    Anthropic Wants Its AI Agent to Control Your Computer (WiReD)
    AI decodes oinks and grunts to keep pigs happy (Reuters)
    AI frisking (LA Times)
    Tribal digital sovereignty in today's dystopia (Douglas Lucas)
    SF Muni finally ditching floppies (ArsTechnica)
    Law enforcement operation takes down 22,000 malicious IP
    addresses worldwide (Ars Technica)
    LA man wearing GPS ankle monitor is accused of a robbery string.
    Officials can't track him (LA Times)
    Yet another danger of cryptocurrencies ... (Rob Slade)
    The FTC comes after neobank Dave for misleading marketing,
    hidden fees (TechCrunch)
    Intel Floundry -> Solyntel (Henry Baker)
    Intel 2024 = Sow's Ear (Semafor via Henry Baker)
    Abridged info on RISKS (comp.risks)

    ----------------------------------------------------------------------

    Date: Fri, 8 Nov 2024 15:32:57 PST
    From: Peter Neumann <neumann@csl.sri.com>
    Subject: Falsehoods from Russia on Election Were Brazen (NYTimes)

    The Russians are Coming, the Russians are Coming.
    *old movie title from 1966)

    The Russians came to Brexit until the 23 June 2016 election in the
    United Kingdom (Great Britain is now less great), and quite
    extensively influenced the UK-wide referendum with rampant
    misinformation. (Of course, the British government did also.)

    Today's issue of *The New York Times* has an article
    on the front page of the Buiness section by Steven Lee
    Meyers and Julian E. Barnes with the above subject
    line and the subtitle:

    The Kremlin did not bother to hide its efforts to influence U.S. voters.

    In the final days before Tuesday's election, Russia abandoned any pretense
    that it was not trying to interfere in the American presidential election.

    (Of course, the election was also flooded with domestic disinformation,
    blatant lies, and whatever seemed to catch the eye. In some sense, it was a prefabricated House, Senate, and Presidential election. PGN (some perhaps
    even thrown together by chatbots?).

    ------------------------------

    Date: Thu, 7 Nov 2024 13:40:19 +0100
    From: Debora Weber-Wulff <weberwu@HTW-Berlin.de>
    Subject: 1700 letters from the tax office: Daylight exit messed up

    Another story for the time-change files:

    [Apparently not enough daylight and too much simultaneously. PGN]

    A man in the northern German state of Schleswig-Hostein rather rubbed
    his eyes as a crate of letters was deposited at his doorstep. It was
    around 1700 letters from the tax office! All the ones he opened had the
    same contents: his login password for the online tax system, Elster.

    The tax office says that the problem was the switch from daylight
    savings time back to standard time. The machine was in the process of
    printing one letter when the time changed, and it ended up reprinting
    and reprinting the same letter during the additional hour. Since
    everything is completely automated, the letters were put in envelopes
    and postage paid (a sum north of 1000 €) for the letters. The tax office offered to pick up and dispose of the collection, but the man said he
    could dispose of them himself.

    Reported as a dpa dispatch in Tagesspiegel:

    https://www.tagesspiegel.de/gesellschaft/panorama/kuriose-panne-steuerzahler-erhalt-1700-briefe-vom-finanzamt-12651971.html

    One hopes that a new password would be generated in just one copy
    for the taxpayer. And perhaps having a human in the loop is not
    a bad idea.

    Prof. Dr. Debora Weber-Wulff
    Lehrbeauftragte, HTW Berlin, FB 4
    http://people.f4.htw-berlin.de/~weberwu/

    ------------------------------

    Date: Sat, 02 Nov 2024 13:47:26 +0000
    From: Presale1
    Subject: Username Over 52 Characters with No Password says Okta

    In what has to be one of the most bizarre security advisories of recent
    times, authentication provider Okta has confirmed that usernames of 52 characters or more meant that anyone could access the account.

    ------------------------------

    Date: Sat, 19 Oct 2024 22:21:31 -0600
    From: Matthew Kruk <mkrukg@gmail.com
    Subject: X is the latest social media site letting 3rd
    parties use your data to train AI models (CBC)

    https://www.cbc.ca/news/business/x-third-parties-user-data-1.7356152

    Elon Musk's X was already using your data to train its own artificial intelligence. Soon, it'll let other companies do the same.

    Starting Nov. 15, the social media site formerly known as Twitter will share user data -- including posts, likes, bookmarks and reposts -- with
    third-party platforms that may use the information to train AI models.

    The company updated its privacy policy on Wednesday to detail the changes.
    When the policy takes effect, users are automatically opted in until they
    opt out.

    "Depending on your settings, or if you decide to share your data, we may
    share or disclose your information with third parties," the updated policy reads.

    ------------------------------

    Date: Thu, 7 Nov 2024 06:37:16 -0700
    From: Matthew Kruk <mkrukg@gmail.com>
    Subject: Australia plans social media ban for under-16s (BBC)

    https://www.bbc.com/news/articles/c4gzd62g1r3o

    Australia's government says it will introduce "world-leading" legislation
    to ban children under 16 from social media.

    Prime Minister Anthony Albanese said the proposed laws, to be tabled in parliament next week, were aimed at mitigating the "harm" social media was inflicting on Australian children.

    "This one is for the mums and dads... They, like me, are worried sick about
    the safety of our kids online. I want Australian families to know that the government has your back," he said.

    [There's always Kangaroom for improvement, but
    not this way.

    ------------------------------

    Date: Tue, 29 Oct 2024 13:59:04 +0200
    From: Amos Shapir <amos083@gmail.com>
    Subject: Man who made 'depraved' child images with AI jailed (BBC)

    A UK man was sentenced to 18 years in prison for various offences involving images of abuse of children.

    However, the headlines are somewhat misleading. Details of the case
    indicate that most of the harsh sentence is the result of crimes against
    real children, which are not related to AI; and due to the images which were generated being based on images of real children.

    IANAL, but it seems to me that the legal problems created by AI-generated content depicting criminal offenses against children -- but where no real children are involved nor hurt -- are still not resolved in this case.

    ------------------------------

    Date: Wed, 23 Oct 2024 06:28:39 -0700
    From: Lauren Weinstein <lauren@vortex.com>
    Subject: 14-year-old obsessed with AI chatbot commits suicide
    (NYTimes)

    [To hell with this tech.]

    I don't see ANY positive aspects to this tech. None. We don't
    need a world of children (or adults) building relationships with
    AI large language models to the benefit of Big Tech companies that
    will disclaim responsibility when people are hurt. To hell with this tech.

    Notice the (somewhat indirect) Google tie-in to this. -L

    https://www.nytimes.com/2024/10/23/technology/characterai-lawsuit-teen-suic ide.html

    [Steve Bacher noted the follow-on:
    Now his devastated mom is suing the creator
    https://www.independent.co.uk/news/world/americas/crime/character-ai-suicide-lawsuit-sewell-setzer-iii-death-b2634706.html
    PGN]

    ------------------------------

    Date: Wed, 6 Nov 2024 18:13:25 -0500
    From: Gabe Goldberg <gabe@gabegold.com>
    Subject: Election Officials Are Prepared for a Lot More Than You Might Think
    (The New York Times)

    Local election workers share how they would respond to a range of scenarios, using a 52-card game.

    https://www.nytimes.com/interactive/2024/11/02/upshot/election-day-card-scenarios.html?smid=nytcore-ios-share&referringSource=articleShare

    ------------------------------

    Date: Mon, 4 Nov 2024 14:17:14 -0500
    From: Gabe Goldberg <gabe@gabegold.com>
    Subject: Annoyed Redditors tanking Google Search results
    illustrates perils of AI scrapers (Ars Technica)

    "Spreading misinformation suddenly becomes a noble goal," Redditor says.

    A trend on Reddit that sees Londoners giving false restaurant
    recommendations in order to keep their favorites clear of tourists and
    social media influencers highlights the inherent flaws of Google Search’s reliance on Reddit and Google's AI Overview. [...]

    As Edwards alluded to, many have complained about Google Search results' quality declining in recent years, as SEO spam and, more recently, AI slop float to the top of searches. As a result, people often turn to the Reddit
    hack to make Google results more helpful. By adding "site:reddit.com” to search results, users can hone their search to more easily find answers from real people. Google seems to understand the value of Reddit and signed an AI training deal with the company that’s reportedly worth $60 million per year.

    But disgruntled foodies in London are reminding us of the inherent dangers
    of relying on the scraping of user-generated content to provide what’s supposed to be factual, helpful information.

    https://arstechnica.com/gadgets/2024/10/fake-restaurant-tips-on-reddit-a-remin der-of-google-ai-overviews-inherent-flaws/

    [Speaking of lies and misinformation, quite a few of this week's
    U.S. election results seem to have been heavily influenced by domestic and
    international falsehoods in advertising and speeches. PGN]

    ------------------------------

    Date: Fri, 8 Nov 2024 19:23:18 +0000
    From: Victor Miller <victorsmiller@gmail.com>
    Subject: FBI says hackers are sending fraudulent police data requests to
    tech giants to steal people's private information (TechCrunch)

    https://techcrunch.com/2024/11/08/fbi-says-hackers-are-sending-fraudulent-poli ce-data-requests-to-tech-giants-to-steal-peoples-private-information/

    ------------------------------

    Date: Sun, 3 Nov 2024 07:41:41 -0800
    From: "Jim Geissman" <jgeissman@socal.rr.com>
    Subject: AI in radio: A Polish interviewer fired

    A Polish 'Interview' With a Dead Luminary Exposes the Pitfalls of A.I.

    A radio station in Poland fired its on-air talent and brought in
    AI-generated presenters. An outcry over a purported chat with a Nobel
    laureate quickly ended that experiment.

    When a state-funded Polish radio station canceled a weekly show featuring interviews with theater directors and writers, the host of the program went quietly, resigned to media industry realities of cost-cutting and shifting tastes away from highbrow culture.

    But his resignation turned to fury in late October after his former
    employer, Off Radio Krakow, aired what it billed as a "unique interview"
    with an icon of Polish culture, Wislawa Szymborska, the winner of the 1996 Nobel Prize for Literature.

    The terminated radio host, Lukasz Zaleski, said he would have invited Ms. Szymborska on his morning show himself, but never did for a simple reason:
    She died in 2012.

    The station used artificial intelligence to generate the recent interview -
    a dramatic and, to many, outrageous example of technology replacing humans, even dead ones.

    https://www.nytimes.com/2024/11/03/world/europe/poland-radio-station-ai.html

    ------------------------------

    Date: Sun, 27 Oct 2024 15:00:10 -0700
    From: Lauren Weinstein <lauren@vortex.com>
    Subject: When Google's AI agent messes with ya'

    So when the upcoming Google AI agent screws up using your web browser
    and goes on a crazy shopping spree or posts crazy stuff publicly, ya'
    think Google is gonna take responsibility?

    OK, you can stop laughing now. Or at least try.

    ------------------------------

    Date: Thu, 7 Nov 2024 16:23:12 -0500
    From: Gabe Goldberg <gabe@gabegold.com>
    Subject: Nobody wants Copilot Pro AI for Office365, so Microsoft will
    force-bundle it and raise the price? (Pivot to AI)

    Copilot Pro is an AI assistant for Microsoft Office 365, introduced in
    January. Based on nine months of feedback, Microsoft will generously bundle Copilot with all Personal and Family subscriptions! [Press release]

    Of course, “to reflect the value we’ve added over the past decade and enable
    us to deliver new innovations for years to come, we’re increasing the prices of Microsoft 365 Personal and Family.”

    Nobody wanted to pay $20/month for Copilot Pro — twice the basic Office 365 Family plan — so Microsoft is forcing it on everyone and charging them for
    it anyway.

    This will get you a monthly allotment of “AI credits.” If you want unlimited
    credits, you can buy a separate CoPilot Pro subscription.

    Microsoft is testing the forced upgrade in Australia, New Zealand, Malaysia, Singapore, Taiwan, and Thailand to see if they can get away with it.

    https://pivot-to-ai.com/2024/11/07/nobody-wants-copilot-pro-ai-for-office-3 65-so-microsoft-will-force-bundle-it-and-raise-the-price/

    ------------------------------

    Date: Tue, 29 Oct 2024 19:41:00 -0600
    From: Matthew Kruk <mkrukg@gmail.com>
    Subject: Microsoft, Google and Amazon turn to nuclear energy
    to fuel the AI boom (CBC)

    https://www.cbc.ca/radio/thecurrent/generative-ai-and-nuclear-energy-1.7362127

    Big tech companies are scrambling to secure nuclear energy deals worth
    billions of dollars in order to meet the growing demands of generative artificial intelligence (AI) -- but critics say they need to rethink that
    and slow down.

    "Tech companies have gotten away with a lot just because it's a new area," Sasha Luccioni, AI researcher and climate lead at New York-based AI
    developer HuggingFace, told The Current's guest host Peter Armstrong.

    "The approach tends to be, 'move fast and break things,' in start-ups and Silicon Valley. And so what worries me is that approach transposed to
    nuclear energy, because nuclear energy is something that has to involve a
    lot of care."

    ------------------------------

    Date: Sun, 3 Nov 2024 09:50:40 -0800
    From: Lauren Weinstein <lauren@vortex.com>
    Subject: Why Tech Employees Are Ready to Revolt: AI (Inc)

    https://www.inc.com/joe-procopio/why-tech-employees-are-ready-to-revolt/909 96313

    ------------------------------

    Date: Thu, 24 Oct 2024 01:39:56 -0400
    From: Gabe Goldberg <gabe@gabegold.com>
    Subject: Anthropic Wants Its AI Agent to Control Your Computer (WiReD)

    Claude is the first major AI model to be able to take control of a computer
    to do useful work.

    It took a while for people to adjust to the idea of chatbots that seem to
    have minds of their own. The next leap into the unknown may involve trusting artificial intelligence to take over our computers, too.

    Anthropic, a high-flying competitor to OpenAI, announced today that it has taught its AI model Claude to do a range of things on a computer, including search the web, open applications, and input text using the mouse and
    keyboard.

    “I think we're going to enter into a new era where a model can use all of
    the tools that you use as a person to get tasks done,” says Jared Kaplan, chief science officer at Anthropic and an associate professor at Johns
    Hopkins University.

    Kaplan showed WIRED a prerecorded demo in which an “agentic”—or tool-using—version of Claude had been asked to help plan an outing to see
    the sunrise at the Golden Gate Bridge with a friend. In response to the
    prompt, Claude opened the Chrome web browser, looked up relevant information
    on Google, including the ideal viewing spot and the optimal time to be
    there, then used a calendar app to create an event to share with a
    friend. (It did not include further instructions, such as what route to take
    to get there in the least amount of time.)

    In a second demo, Claude was asked to build a simple website to promote
    itself. In a surreal moment, the model inputted a text prompt into its own
    web interface to generate the necessary code. It then used Visual Studio
    Code, a popular code editor developed by Microsoft, to write a simple
    website, and opened a text terminal to spin up a simple web server to test
    the site. The website offered a decent, 1990s-themed landing page for the AI model. When the user asked it to fix a problem on the resulting website, the model returned to the editor, identified the offending snippet of code, and deleted it.

    Mike Krieger, chief product officer at Anthropic, says the company hopes
    that so-called AI agents will automate routine office tasks and free people
    up to be more productive in other areas. “What would you do if you got rid
    of a bunch of hours of copy and pasting or whatever you end up doing?” he says. “I'd go and play more guitar.”

    https://www.wired.com/story/anthropic-ai-agent/

    ------------------------------

    Date: Thu, 24 Oct 2024 14:35:49 +0000
    From: Henry Baker <hbaker1@pipeline.com>
    Subject: AI decodes oinks and grunts to keep pigs happy

    Who sez AI isn't useful? [AIn't it so? PGN]

    These folks will be laughing all the way to the piggy bank...

    https://www.reuters.com/technology/artificial-intelligence/ai-decodes-oinks-gr~unts-keep-pigs-happy-2024-10-24/

    AI decodes oinks and grunts to keep pigs happy

    By Jacob Gronholt-Pedersen
    October 24, 20241:43 AM PDTUpdated 6 hours ago

    VIPPEROD, Denmark, Oct 24 (Reuters) - European scientists have developed an artificial intelligence (AI) algorithm capable of interpreting pig sounds, aiming to create a tool that can help farmers improve animal welfare.

    The algorithm could potentially alert farmers to negative emotions in pigs, thereby improving their well-being, according to Elodie Mandel-Briefer, a behavioural biologist at University of Copenhagen who is co-leading the study.

    ------------------------------

    Date: Wed, 23 Oct 2024 18:23:56 -0700
    From: "Jim" <jgeissman@socal.rr.com>
    Subject: AI frisking

    Los Angeles will utilize AI-powered scanners at Union Station over the next month in an effort to stop passengers with hidden weapons from boarding the rails.

    Metro tries out new tech to find hidden weapons on subways

    https://www.latimes.com/california/story/2024-10-23/metro-will-test-new-weap on-detection-program-through-end-of-year

    ------------------------------

    Date: Fri, 8 Nov 2024 18:38:58 -0800
    From: Douglas Lucas <dal@riseup.net>
    Subject: Tribal digital sovereignty in today's dystopia

    Tribes in the U.S. are addressing the digital divide--unequal access to the Internet -- by creating their own ISPs. My latest article at the Daily Dot looks at the latest Tribal Broadband Bootcamp facilitating this; at the home-rule, autonomy framework for Indian Country securing digital
    sovereignty; and at what all this -- against the backdrop of longstanding, ongoing injustices inflicted on Indigenous people -- might mean for the grass-touching, community-oriented bootcamps and the selfie-driven, AI spam-clogged dystopia of today's Internet meeting. Bonuses include philosophical quotes and redundant systems architecture for quick rebooting across the continent to help regions facing disasters.

    Here's the Daily Dot's headline and standfirst and the URL: The digital
    divide for Indian Country got better under Biden -- will that progress go
    away? 'With Trump, I fear the only answer will be never.'

    https://www.dailydot.com/news/digital-divide-indigenous-indian-country/

    Risks include: AI "Richard Harris Plains Indian" stereotypes; addictive, harmful content befalling new audiences; the incoming Trump administration tyrannizing Indian Country and undercutting tribal sovereignty; the FCC not answering questions about why it doesn't recognize tribes' reserved rights
    for spectrum the way the Supreme Court does; Internet access potentially
    doing more harm than good if people don't collaborate to use it safely.

    ------------------------------

    Date: Wed, 23 Oct 2024 19:26:37 -0700
    From: "Jim" <jgeissman@socal.rr.com>
    Subject: SF Muni finally ditching floppies

    [RISKS notes on this topic include RISKS-33.65 and 66.]
    and Steve Bacher on
    San Francisco’s Train System Still Uses Floppy Disks --
    and Will for Years (WiReD, RISKS-34.19). PGN]

    https://arstechnica.com/gadgets/2024/10/212-million-contract-will-finally-get-san-francisco-trains-off-floppy-disks/

    The San Francisco Municipal Transportation Agency (SFMTA) board has agreed
    to spend $212 million to get its Muni Metro light rail off floppy disks.

    The Muni Metro's Automatic Train Control System (ATCS) has required 5-inch floppy disks <https://arstechnica.com/gadgets/2024/04/5-25-inch-floppy-disks-expected-to-help-run-san-francisco-trains-until-2030/>
    since 1998, when it was installed at San Francisco's Market Street subway station. The system uses three floppy disks for loading DOS software that controls the system's central servers. Michael Roccaforte, an SFMTA spokesperson, gave further details on how the light rail operates to Ars Technica in April, saying: =93When a train enters the subway, its onboardco computer connects to the = train control system to run the train in
    automatic mode, where the trains = drive themselves while the operators supervise. When they exit the subway, = they disconnect from the ATCS and return to manual operation on the street." After starting initial planning
    in 2018, the SFMTA originally expected = to move to a floppy-disk-free train control system by 2028. But with = COVID-19 preventing work for 18 months,
    the estimated completion date was = delayed.

    ------------------------------

    Date: Thu, 7 Nov 2024 21:52:35 -0500
    From: Monty Solomon <monty@roscom.com>
    Subject: Law enforcement operation takes down 22,000 malicious IP
    addresses worldwide (Ars Technica)

    https://arstechnica.com/information-technology/2024/11/law-enforcement-operation-takes-down-22000-malicious-ip-addresses-worldwide/

    ------------------------------

    Date: Sat, 2 Nov 2024 16:05:47 -0700
    From: Steve Bacher <sebmb1@verizon.net>
    Subject: LA man wearing GPS ankle monitor is accused of a robbery string.
    Officials can't track him

    After Nhazel Warren was charged this summer with carrying a gun in public, a judge released the 19-year-old on the condition that the Los Angeles County Probation Department track his movements with a GPS device.

    When Warren was arrested three weeks later on suspicion of robbing an
    elderly couple, a different judge let him out again with another provision
    for GPS tracking.

    But even with the court doubling down on Warren’s ankle monitor, prosecutors allege he went on to rob two more people in September and October.

    In an attempt to track his whereabouts, Los Angeles Police Department detectives served a search warrant on the contractor that operates Warren’s GPS monitor. The company, which officials said is paid around $350,000 a
    month by the county to operate the GPS system, could not determine where he
    was at the time of the robberies or attest to the reliability of its
    tracking data. [...]

    https://www.latimes.com/california/story/2024-11-01/gps-monitoring-probation-robbery

    ------------------------------

    Date: Fri, 8 Nov 2024 07:16:35 -0800
    From: Rob Slade <rslade@gmail.com>
    Subject: Yet another danger of cryptocurrencies ...

    The president of cryptocurrency firm WonderFi, was was kidnapped and held
    for ransom. He was found uninjured after paying the $1 million ransom. https://www.cbc.ca/news/canada/toronto/kidnapping-toronto-businessman-cryptocurrency-1.7376679

    ------------------------------

    Date: Thu, 7 Nov 2024 22:10:13 -0500
    From: Monty Solomon <monty@roscom.com>
    Subject: The FTC comes after neobank Dave for misleading marketing,
    hidden fees (TechCrunch)

    https://techcrunch.com/2024/11/06/the-ftc-comes-after-neobank-dave-for-misleading-marketing-hidden-fees/

    ------------------------------

    Date: Thu, 24 Oct 2024 16:14:47 +0000
    From: Henry Baker <hbaker1@pipeline.com>
    Subject: Intel Floundry -> Solyntel

    Hasn't anyone at the U.S. Dept. of Commerce ever heard the old saying "you can't make a silk purse out of a sow's ear"?

    Intel has been brain dead since the beginning of this century; e.g., without AMD, Intel today would still be selling 32-bit x86 chips.

    Perhaps the best thing that ever happened to America's chip industry was
    when Intel's board declined to purchase nVidia in 2005:

    https://www.nytimes.com/2024/10/24/technology/intel-ai-chips-mistakes.html

    That Intel was paying a hefty dividend -- thus starving itself of innovation
    -- during the most dynamic decade in computer history -- is proof positive
    that Intel had already become the hide-the-decline "Biden" of the chip industry:

    https://www.nasdaq.com/market-activity/stocks/intc/dividend-history

    The U.S. used to laugh hysterically at the "industrial policies" of less dynamic economies -- e.g., Japan's "Fifth Generation" initiative -- but
    trying to resurrect the lifeless body of Intel sadly proves once again that lobbying dollars often provide a better return than engineering dollars.

    China has spent hundreds of billions of dollars on chip manufacturing technologies and is still at least 5 years behind TSMC; the current U.S."industrial policy" chip plans are a bad joke, as they are at least an order of magnitude too small, both in dollars and in time.

    The dynamism of *Silicon* (!) Valley has proven time and again how startups˜˜ß˜
    can out-innovate corporate behemoths; look at how SpaceX has made a laughingstock out of both NASA and Boeing. Perhaps Elon Musk would have been
    a better bet to build a domestic TSMC competitor -- he may know nothing
    about semiconductors, but he's proven to be remarkably good at finding the
    next generation of innovative engineers in a number of different fields
    where he also initially knew nothing.

    https://fortune.com/2024/10/22/why-breaking-intel-in-two-is-the-only-way-to-sa ve-americas-most-important-manufacturer-according-to-its-former-board-director s

    Why breaking Intel in two is the only way to save America&rsquo;s most
    important manufacturer, according to its former board directors
    David B. Yoffie, Reed Hundt, Charlene Barshefsky and James Plummer

    The vultures are circling -- and America could potentially lose one of its
    most important manufacturing assets. After a horrendous earnings report
    last quarter, Qualcomm (https://fortune.com/company/qualcomm/), ARM,
    Apollo [?!?], and probably others have been looking at how to pick the
    flesh off Intel's bones [...]

    ------------------------------

    Date: Fri, 01 Nov 2024 23:08:06 +0000
    From: Henry Baker <hbaker1@pipeline.com>
    Subject: Intel 2024 = Sow's Ear

    You still can't make a silk purse out of a sow's ear, no matter how many $$$ you stuff into it...

    https://www.semafor.com/article/11/01/2024/concerns-grow-in-washington-over-in tel

    Concerns grow in Washington over Intel

    Reed Albergotti and Liz Hoffman Nov 1, 2024, 2:31pm EDT

    Policymakers in Washington have grown worried enough about chipmaker Intel
    to begin quietly [?!?] discussing scenarios should it need further
    assistance, beyond the billions in government funds the company is already slated to receive, people familiar with the matter said.

    And this is the last straw:

    https://finance.yahoo.com/news/nvidia-replace-intel-dow-jones-212628611.html
    Nvidia to take Intel's spot on Dow Jones Industrial Average
    [Et tu, Brute?]

    ------------------------------

    Date: Sat, 28 Oct 2023 11:11:11 -0800
    From: RISKS-request@csl.sri.com
    Subject: Abridged info on RISKS (comp.risks)

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    End of RISKS-FORUM Digest 34.48
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