A new @perplexity_ai blog post outlines a "vision for rebuilding TikTok in America," featuring a mix of AI search, short-form video and more transparency (i.e. an open-source "For You" algorithm. Seems like it's part of Perplexity's big pitch to merge with TikTok.
@martyswant
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Kubient AI Startup Files Chapter 7 Bankruptcy After IPO
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Kubient raised more than $12.5 million in its IPO in August 2020, and more than $20 million in its secondary public offering in December 2020. “Now, Kubient is in Chapter 7 bankruptcy proceedings.” – @TheJusticeDept
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Kubient CEO sentenced for accounting fraud and AI misrepresentation
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Paul Roberts, founder and former CEO of the adtech company Kubient was sentenced today to a year in prison for orchestrating an accounting fraud scheme and for “material misrepresentations” of Kubient’s AI-powered fraud detection tool, KAI.
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Claude Adds Internet Search with Inline Citations for Users
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Today, @AnthropicAI announced Claude users can now search the internet and get in-line citations to verify the sources. The feature's rolling out today in preview mode for all paying U.S. subscribers and will later roll out to the free version and other countries "soon."
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Sam Altman’s Congressional testimony on OpenAI advertising policy clarified
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Just to clarify, I'm not doubting OpenAI could add ads, but merely noting what Sam said under oath during his first (and so far only) Congressional hearing.
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Sam Altman’s Past Statements on OpenAI Ads Under Scrutiny
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Yep! The point in citing those quotes isn't that I doubt OpenAI will do ads, and more about noting what Sam said under oath less than two years ago.
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Microsoft Perplexity Chat-Based AI Ads Testimony Contradiction
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Agreed! Just interesting to note what he said under oath less than two years ago. Plus, Microsoft already has chat-based AI ads. (As does Perplexity.)
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Sam Altman’s Senate Testimony on AI Engagement and Monetization
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Two @sama quotes I think about often from the Senate Judiciary Committee's AI hearing in 2023: The 1st answer is when @ossoff expressed concern about tech companies maximizing engagement. The 2nd is when @CoryBooker asked if OpenAI would ever consider ads.
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Tech Monetization and AI: Senate Judiciary Hearing Insights
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I always think about the 2023 Senate Judiciary Committee's hearing on AI when @ossoff noted tech companies' tendency of monetizing engagement. Here's how @sama answered, and I've always wondered how long this would hold up:
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Hassett’s Failed Economic Predictions: Dow 36,000 and Pandemic Models
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Context: Hassett co-authored "Dow 36,000," a 1999 book claiming the Dow would hit 36,000 by 2004. (It came out right before the dot-com bubble burst.)
— Marty Swant (@martyswant) 19 mars 2025
He also was criticized for his "cubic model" during the pandemic that predicted U.S. deaths would drop to zero by mid-May 2020. https://t.co/IW7gwwMmXlContext: Hassett co-authored "Dow 36,000," a 1999 book claiming the Dow would hit 36,000 by 2004. (It came out right before the dot-com bubble burst.) He also was criticized for his "cubic model" during the pandemic that predicted U.S. deaths would drop to zero by mid-May 2020.