• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
TechData Sheet

Data Sheet—Wednesday, November 16, 2016

By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
By
Heather Clancy
Heather Clancy
Down Arrow Button Icon
November 16, 2016, 9:18 AM ET
Add Fortune on Google for similar content.

I moderated a panel Tuesday night at a Fortune dinner during the LA Auto show. It was on the ethics of autonomous vehicles, a subject so broad it could fill a Ph.D. thesis, let alone a 30-minute discussion.

The short version is this: Humans react to crises, and no one faults them much for the consequences. Machines, aided by artificial intelligence, may well be held to a higher standard because they will be programmed to think through the ramifications of their actions, including killing one person to save many. Panelist Patrick Lin of CalPoly created this marvelous video to illustrate the conundrum. Stanford professor Chris Gerdes, on loan for the past year to the Department of Transportation, points out that deeper, more meaningful ethical solutions exist, like asking if adequate backup systems exist when machines fail. (Fortune’s Andrew Nusca covers the panel in more detail.)

Ethical quandaries won’t blunt the advancement of AI, of course. The key is in managing the machines. At Fortune, for example, we’ve paired journalists with IBM’s Watson to spot key trends in 2017, published today in our annual “Crystal Ball” package. The responsible, if not ethical, thing for me to do will be to check back in a year to see if the robots helped us any.

***

I feel compelled to weigh in on Facebook and the “fake news” hullabaloo, given that my appreciation of Mark Zuckerberg and his management skills is on the current cover of Fortune. I explain how clearly and effectively Zuckerberg communicates. His Saturday evening post (get it?!) on Facebook addressing his company’s responsibility for the veracity of the information it publishes stands as anything but clear. It is as perfect an example of corporate cop-out-ery as I’ve ever seen.

Example: “Of all the content on Facebook, more than 99% of what people see is authentic.” That’s just not good enough. Facebook makes too much money and is too powerful to sidestep what used to be the responsibility of the free press. It is time for Mark Zuckerberg to move beyond platitudes and step up. Perhaps he could re-assign his personal, AI-driven assistant, Jarvis, to the case.

Adam Lashinsky
@adamlashinsky
adam_lashinsky@fortune.com

BITS AND BYTES

Intel pledges $250 million for autonomous vehicle technology. The commitment by its venture capital arm covers the next two years. Intel CEO Brian Krzanich plans to prioritize software and sensors for gleaning more data from connected cars, trucks and such—with the aim of improving safety and efficiency. (Fortune)

Koch Industries plunks down $2.5 billion for stake in business software firm Infor. The company, run by former Oracle bigwig Charles Phillips, specializes in financial management and manufacturing applications that are very specific to the needs of certain industries, such as automotive suppliers or chemical manufacturers. The infusion, which was rumored last week, values Infor at more than $10 billion. (Fortune)

It looks like Snapchat's parent has filed its IPO papers. The Wall Street Journal reports that Snap Inc. submitted its paperwork confidentially with the Securities and Exchange Commission before the U.S. election. The offering could value the messaging software firm between $20 billion and $25 billion, and could take place by March. (Fortune, Wall Street Journal)

Microsoft appeases EU regulators. The European Union's antitrust agency said the software giant has made concessions (no specifics, though) to convince it that Microsoft's $26 billion takeover of social network LinkedIn should proceed. Rival Salesforce has complained about the deal, sounding the alarm on potential data privacy concerns and calling it a threat to innovation. The EU should make a decision by Dec. 6. (Reuters)

Jeff Immelt talks up GE's digital overhaul. The industrial conglomerate aspires to become a top 10 software company by 2020. This week alone, it announced the $915 million takeover of field software upstart ServiceMax and the acquisition of two artificial intelligence specialists, Bit Stew Systems and Wise.io. (Fortune)

THE DOWNLOAD

Mobile payments may not take off for decades. Since Apple introduced a mobile wallet on the iPhone in 2014, analysts have predicted that shoppers in brick and mortar stores would soon routinely pay for jeans, groceries, and super-sized TVs with their phones.

But adoption of mobile payments by retailers has been slower than expected. Here's why the transition could take years, much like the rise of e-commerce.

PEOPLE AND CULTURE

IBM CEO makes case for "new collar" jobs in open letter to Donald Trump. Ginni Rometty wants the president-elect to realize that up to a third of the employees at some of IBM’s corporate centers don't have college degrees. She wants the administration to focus on building knowledge in cybersecurity, data science, and artificial intelligence—skills that don't necessarily require traditional two- or four-year degrees. (Fortune)

Google hires more artificial intelligence hotshots. The company's cloud division is adding a new machine learning team led by researchers Fei-Fei Li, the director of Stanford University’s Artificial Intelligence Lab; and Jia Li, the head of research for Snap, the parent company of popular social messaging app Snapchat. (Fortune)

Female programmers still earn 30% less than men. An analysis by job site Glassdoor, based on 505,000 salaries shared by full-time U.S. employees, reveals that the adjusted pay gap for women who hold software development jobs can range as high as 28.3%. That's far larger than the average adjusted gender pay gap for all workers, which Glassdoor found to be 5.9%. (Fortune)

Twitter doubles down on fighting harassment. The social media company on Tuesday rolled out new controls, including one that will block tweets that contain certain words. (Fortune)

 

IN CASE YOU MISSED IT

Driverless Cars Won't Mean the End of High-Performance Vehicles, by Kirsten Korosec

Microsoft's Scheme for Getting More Bots to Run on Its Cloud, by Barb Darrow

Verizon Acquires Space Age Wi-Fi Kiosk Maker LQD, by Aaron Pressman

Facebook Says This New Feature Will Help Small Businesses, by Jonathan Vanian

What Pinterest's New Trending Features Could Mean for Its Revenue Strategy, by Leena Rao

ONE MORE THING

Apple's latest product...is a photo book. The coffee-table tome celebrates the company's design breakthroughs, from the 1998 iMac to the 2015 Apple Pencil.

This edition of Data Sheet was curated by Heather Clancy.
Find past issues. Sign up for other Fortune newsletters.

About the Author
By Heather Clancy
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Tech

Sundar Pichai, chief executive officer of Alphabet Inc.
AIAlphabet
Anthropic and SpaceX just handed Google the biggest profit quarter in company history—on paper
By Eva RoytburgJuly 22, 2026
6 hours ago
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
Real EstateHousing
‘It’s called StreetEasy, not StreetHard’: Mamdani cracks down on scourge of ‘housefishing’ and ‘real estate slop’
By Tatiana SatauaJuly 22, 2026
9 hours ago
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
AIChina
As Washington panics about Chinese AI, Jensen Huang says open-source models like Kimi are ‘excellent’ and should be embraced, not banned
By Marco Quiroz-GutierrezJuly 22, 2026
9 hours ago
OpenAI CEO Sam Altman sits next to U.S. President Donald Trump.
AITech regulation
OpenAI’s rogue hacking incident was a warning shot. Will it be a wake-up call to finally create AI safety regulation?
By Jeremy Kahn and Emily ForliniJuly 22, 2026
9 hours ago
Man holding his hands open
InvestingStock
A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
By Amanda GerutJuly 22, 2026
10 hours ago
Sam Altman getting into a car
CybersecurityOpenAI
OpenAI’s models went rogue and hacked Hugging Face. It’s a wake-up call, experts say, but more concerning behavior may be next
By Beatrice NolanJuly 22, 2026
10 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
13 hours ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
2 days ago
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
1 day ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 days ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
10 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.