Happy Valentine's Day (or Pink Candy in the Office Day, as it's known in many tech circles).
Illustration: Rebecca Zisser / Axios
The tech industry hopes to use a House committee hearing Wednesday to both educate Congress on the potential benefits of artificial intelligence while downplaying many concerns as the product of science fiction.
What's happening: In the first of three hearings, the House subcommittee on information technology aims to better understand the current state of AI, the barriers to adoption and how government might benefit from using the technology.
What they're saying:
The subtext: The underlying message is that AI is nothing to be scared of. Buck plans to describe AI as little more than the latest evolution of modern statistics. Also implicit is a desire to keep regulation at a minimum.
Why it matters: AI is seen as one of the biggest opportunities in technology, and in business in general, but the degree to which regulators embrace or oppose it could dictate the pace of innovation.
eBay founder Pierre Omidyar. Photo: James Leynse / Corbis via Getty Images
eBay founder Pierre Omidyar is among those funding an effort to draw attention to tech addiction, Axios' David McCabe reports.
Omidyar is backing the the newly-formed Center for Humane Technology which aims to educate around tech's less desirable impacts on society.
Photo: Jaap Arriens/NurPhoto via Getty Images
Despite Uber's brutal year of scandals and upheaval, the company is generating more revenue and narrowing its losses, Axios' Kia Kokalitcheva reports.
By the numbers:
Why it matters: With its hopes to go public next year, Uber has to prove that it has a business that can exist without constant venture capital infusions.
Yes, but: It did increase its spending on driver bonuses and rider promotions.
The U.S. is facing the worst collapse in the trust of institutions — businesses, media, NGOs, government — ever recorded in the history of the Edelman Trust Barometer, an annual survey. But while trust in institutions has plummeted, trust in employers has inched up.
Revolution’s Steve Case and J.D. Vance are heading to Birmingham, Chattanooga, Dallas, Louisville and Memphis for the 7th “Rise of the Rest” bus tour in May, they announced this morning.
Funding: Revolution also declared the names of the startups that will receive its first round of investments from the Rise of the Rest Seed Fund.
Why it matters: Case’s "Rise of the Rest" effort has helped draw attention to the need for more venture capital in underserved markets that haven’t benefited from the tech boom. Last week, Google for Entrepreneurs director Mary Grove announced she was joining the firm as a partner based in Minneapolis.
If you liked the game Uno, you'll love Dos (or so hopes Mattel.)