| HR Teams Are Drowning in Slop Grievances Feb 19th 2026, 16:05 by msmash Workplace grievances that once fit in a single email are now ballooning into 30-page documents stuffed with irrelevant historical detail, made-up legal precedents, and citations to laws from the wrong country -- and UK employment lawyers say generative AI is the likely culprit. Anna Bond, legal director at Lewis Silkin, says the complaints she now sees sometimes cite Canadian legislation or fabricated case law. Sinead Casey, employment partner at Linklaters, calls such filings "confidently incompetent" -- superficially persuasive even to lawyers. The flood of bloated claims is compounding pressure on an already stretched tribunal system: Ministry of Justice figures show new employment cases rose 33% in the three months to September, even as concluded cases fell 10% year over year. Investor Marc Andreessen, quipping on X: Overheard in Silicon Valley: "Marginal cost of arguing is going to zero." Read more of this story at Slashdot. | | The RAM Crunch Could Kill Products and Even Entire Companies, Memory Exec Admits Feb 19th 2026, 15:25 by msmash Phison CEO Pua Khein-Seng, whose company is one of the leading makers of controller chips for SSDs and other flash memory devices, admitted in a televised interview that the ongoing global RAM shortage could force companies to cut back their product lines in the second half of 2026 -- and that some may not survive at all if they cannot secure enough memory. The interview, conducted in Chinese by Ningguan Chen of Taiwanese broadcaster Next TV, drew an important distinction: it was the interviewer who raised the possibility of shutdowns and product discontinuations, and Khein-Seng largely agreed rather than volunteering the prediction himself. The shortage stems from AI data centers consuming the vast majority of the world's memory supply, a buildout that has sent RAM prices up by three to six times over the past several months. Only three companies control 93% of the global DRAM market, and all three have chosen to prioritize profits over rapid capacity expansion. Even Nvidia may skip shipping a gaming GPU for the first time in 30 years, and Apple could struggle to secure enough chips. Khein-Seng also expects consumers will increasingly repair broken products rather than replace them.   Read more of this story at Slashdot. | | Amazon Dethrones Walmart as World's Biggest Company by Sales Feb 19th 2026, 15:08 by msmash An anonymous reader shares a report: Amazon has officially dethroned Walmart as the biggest global company by revenue, a milestone attesting to the massive scale the e-commerce and cloud-computing giant has achieved since its humble beginnings in 1994 as an online bookseller in Jeff Bezos' Seattle-area garage. Walmart, which had been the largest company by revenue for more than a decade, on Thursday reported sales of $713.2 billion for the 12 months ending Jan. 31. Amazon, which operates on a fiscal year ending in December, earlier this month reported 2025 sales of $717 billion. Bezos carefully studied Walmart founder Sam Walton, embracing many of his business strategies while building his company. Over the past decade, Amazon's revenue has increased at almost 10 times the pace of Walmart's, fueled by a shift in consumer spending from stores to websites and its rapidly growing cloud-computing business, Amazon Web Services. Read more of this story at Slashdot. | | A $10 Plastic Speaker is the Most Durable Revenue Line in Indian Digital Payments Feb 19th 2026, 14:00 by msmash India's digital payment platforms process trillions of dollars a year through UPI, the government-built real-time payments rail that handles more than 90% of all payment transactions in the country, but one of their largest net revenue line items is not a payment product at all: it's a cheap plastic speaker that sits on a shopkeeper's counter and reads out incoming payments aloud. The roughly 23 million soundboxes deployed across India earn about $220 million a year in rental fees, more than every explicitly UPI-linked revenue line in the ecosystem combined, according to estimates from Bernstein. Each device costs $7-12 to manufacture and earns its platform $7-10 a year in rent. A story adds: PhonePe processes about 48% of all UPI transactions in India. Its net payment processing revenue in H1 FY26 was about $83 million. Its device revenue was about $34 million. Running nearly half of India's real-time payment infrastructure earns PhonePe only 2.4 times what it makes from renting speakers to shopkeepers. Read more of this story at Slashdot. | | EV Sales Boom As Ethiopia Bans Fossil-Fuel Car Imports Feb 19th 2026, 13:00 by BeauHD An anonymous reader quotes a report from the Financial Post: In 2024, the Ethiopian government banned the import of fossil fuel-powered vehicles and slashed tariffs on their electric equivalents. It was a policy driven less by the country's climate ambitions and more by fiscal pressures. For years, subsidizing gasoline for consumers has been a major drag on Ethiopia's budget, costing the state billions of dollars over the past decade. The country defaulted on its sovereign bonds in 2023 after rising interest rates drove up the costs of servicing its debts, and it received a $3.4 billion bailout from the International Monetary Fund the following year. In the two years since the ban on internal combustion engine vehicles, EV adoption has grown from less than 1% to nearly 6% of all of the vehicles on the road in the country -- according to the government's own figures -- some way above the global average of 4%. "The Ethiopia story is fascinating," said Colin McKerracher, head of clean transport at BloombergNEF. "What you're seeing in places that don't make a lot of vehicles of any type, they're saying: 'Well, look, if I'm going to import the cars anyway, then I'd rather import less oil. We may as well import the one that cleans up local air quality and is cheaper to buy.'" For decades, Ethiopia's high import tariffs on vehicles put new car ownership out of the reach of most of the country's population. Per capita gross domestic product is only about $1,000, and even by the standards of low-income countries, it has among the lowest car ownership rates. At 13 vehicles per 1,000 people, it's a fraction of the African average of 73. With few cars manufactured in the country, the vast majority are imported, and most are bought used. The government's import policy has upended the market. In parallel, tariffs for EVs were dropped to 15% for completed cars, 5% for parts and semi-assembled vehicles, and zero for "fully knocked down" -- vehicles shipped in parts and assembled locally. That has made new EVs cost-competitive with old gasoline cars. Read more of this story at Slashdot. | | Claims That AI Can Help Fix Climate Dismissed As Greenwashing Feb 19th 2026, 10:00 by BeauHD An anonymous reader quotes a report from the Guardian: Tech companies are conflating traditional artificial intelligence with generative AI when claiming the energy-hungry technology could help avert climate breakdown, according to a report. Most claims that AI can help avert climate breakdown refer to machine learning and not the energy-hungry chatbots and image generation tools driving the sector's explosive growth of gas-guzzling datacenters, the analysis of 154 statements found. The research, commissioned by nonprofits including Beyond Fossil Fuels and Climate Action Against Disinformation, did not find a single example where popular tools such as Google's Gemini or Microsoft's Copilot were leading to a "material, verifiable, and substantial" reduction in planet-heating emissions. Ketan Joshi, an energy analyst and author of the report, said the industry's tactics were "diversionary" and relied on tried and tested methods that amount to "greenwashing." He likened it to fossil fuel companies advertising their modest investments in solar panels and overstating the potential of carbon capture. "These technologies only avoid a minuscule fraction of emissions relative to the massive emissions of their core business," said Joshi. "Big tech took that approach and upgraded and expanded it." [...] Joshi said the discourse around AI's climate benefits needed to be "brought back to reality." "The false coupling of a big problem and a small solution serves as a distraction from the very preventable harms being done through unrestricted datacenter expansion," he said. Read more of this story at Slashdot. | | Trump Has Prepared Speech On Extraterrestrial Life Feb 19th 2026, 07:00 by BeauHD According to Lara Trump, Donald Trump has prepared but not yet delivered a speech about extraterrestrial life, though the White House says such a speech would be "news to me." White House Spokesperson Karoline Leavitt continued: "I'll have to check in with our speech writing team. Uh, and that would be of great interest to me personally, and I'm sure all of you in this room and apparently former President Obama, too." The Hill reports: Lara Trump, speaking on the Pod Force One podcast, said the president has played coy when she and her husband Eric have asked about the existence of UFO's and aliens. "We've kind of asked my father-in-law about this... we all want to know about the UFOs... and he played a little coy with us," Lara Trump said. "I've heard kind of around, I think my father-in-law has actually said it, that there is some speech that he has, that I guess at the right time, I don't know when the right time is, he's going to break out and talk about and it has to do with maybe some sort of extraterrestrial life." Obama has clarified in recent days that he has seen no evidence that aliens are real, after comments he made on a podcast with Brian Tyler Cohen seeming to confirm his knowledge of extraterrestrial life went viral. "They're real but I haven't seen them," Obama said on the podcast. "And they're not being kept in... what is it? Area 51. There's no underground facility unless there's this enormous conspiracy and they hid it from the president of the United States." Later, in a post on Instagram, Obama clarified that he was trying to answer in the light-hearted spirit of a speed round of questions and that, "Statistically, the universe is so vast that the odds are good there's life out there." "But the distances between solar systems are so great that the chances we've been visited by aliens is low, and I saw no evidence during my presidency that extraterrestrials have made contact with us. Really!" Read more of this story at Slashdot. | |
Comments
Post a Comment