Daily Archive: January 23, 2021

The Biden administration’s AI plans: what we might expect

I suspect we will see OSTP emphasize tech accountability under her leadership, which will be especially pertinent to hot button AI issues like facial recognition, algorithmic bias, data privacy, corporate influence on research, and the myriad of other issues that I write about in The Algorithm.

Finally, Biden’s new secretary of state made clear that technology will still be an important geopolitical force. During his Senate confirmation hearing, Antony Blinken remarked that there is “an increasing divide between techno democracies and techno autocracies. Whether techno democracies or techno autocracies are the ones who get to define how tech is

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Is any company too big to be SPAC’d? – TechCrunch

While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison.

It’s probably not premature to be asking: is there any company too big to be SPAC’d?

Just today, we saw the trading debut of the most valuable company to date go public through a merger with one of these SPACs: 35-five-year-old, Pontiac, Michigan-based United Wholesale Mortgage, which is among the biggest mortgage companies in the U.S.

Its shares slipped a bit by the end of trading, closing at $11.35 down from their starting price

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