Virtually three years into the pilot, although, it appears the federal government remains to be struggling to seek out compelling purposes for it, and adoption has been minimal. Now the purpose could also be shifting. China seems to be charging forward with plans to make use of the e-CNY exterior its borders, for worldwide commerce.

If it’s profitable, it might problem the US greenback’s place because the world’s dominant reserve foreign money—and within the course of shake up the worldwide geopolitical order. Learn the complete story. 

—Mike Orcutt

This story is from MIT Know-how Evaluation’s What’s Subsequent sequence, which appears to be like throughout industries, developments, and applied sciences to provide you a primary have a look at the longer term. Take a look at the remainder of the sequence right here.

The must-reads

I’ve combed the web to seek out you at this time’s most enjoyable/necessary/scary/fascinating tales about know-how.

1 How the US is planning to control AI 
It’s a multi-pronged method, however progress is grindingly gradual. (Vox)
+ Our fast information to the 6 methods we will regulate AI. (MIT Know-how Evaluation)
+ Finally judges, not politicians, would be the first to ascertain guardrails for AI. (MIT Know-how Evaluation)

2 Covid instances are rising once more 
We don’t precisely know why, however infections do appear to shoot up over the summer season. (Wired $)
+ Hospitalizations are on the up, however consultants count on the overwhelming majority of infections to be delicate. (NBC)
+ Covid hasn’t solely gone away—right here’s the place we stand. (MIT Know-how Evaluation)

3 There’s not a lot you are able to do if AI lies about you
Persons are beginning to sue tech firms, however authorized precedent for that is mainly non-existent. (NYT $)
+ What does GPT-3 “know” about me? (MIT Know-how Evaluation) 

4 Apple now has over one billion paying subscribers
Tim Prepare dinner’s push to increase from {hardware} to subscription providers appears to be paying off. (Quartz $)

5 Google is making it simpler to take away your personal information from Search
After all, that requires you to provide Google all that info, however nonetheless nifty. (Engadget)

6 A French information company is suing X for refusing to debate paying it
Elon Musk referred to as the transfer “weird”, and I’m inclined to agree. (Reuters)
+ Meta’s Twitter rival, Threads, has seen its day by day energetic customers drop by 82% since launch. (CNN)

7 Pornhub has gone darkish in Arkansas
In protest at a brand new regulation requiring it to confirm customers’ ages. (The Verge)
+ Why baby security payments are popping up all around the US. (MIT Know-how Evaluation)

8 Actors are heading again to Cameo 
To make a bit of money on the aspect whereas the strike is on. (NYT $) 

9 Meta’s Ray-Ban good glasses are a flop 👓
The overwhelming majority of people that purchased them don’t use them. (WSJ $)

10 Mother and father in China are on relationship apps to marry off their grownup kids
For those who’re studying this, Mum… don’t go getting any concepts. (Remainder of World)