The Download: RIP EV tax credits, and OpenAIs new valuation
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This is todays edition ofThe Download,our weekday newsletter that provides a daily dose of whats going on in the world of technology.EV tax credits are dead in the US. Now what?Federal EV tax credits in the US officially came to an end yesterday.Those credits, expanded and extended in the 2022 Inflation Reduction Act, gave drivers up to $7,500 toward the purchase of a new electric vehicle. Theyve been a major force in cutting the up-front costs of EVs, pushing more people toward purchasing them and giving automakers confidence that demand would be strong.The tax credits demise comes at a time when battery-electric vehicles still make up a small percentage of new vehicle sales in the country. So whats next for the US EV market?Casey CrownhartThis article is from The Spark, MIT Technology Reviews weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here.If youre interested in reading more about EVs and clean energy, take a look at:+ The US could really use an affordable electric truck. Ford recently announced plans for a $30,000 electric pickup, which could be the shot in the arm that the slowing US EV market needs. Read the full story.+ What role should oil and gas companies play in climate tech, really?+ China is an EV-building powerhouse. These three charts explain its energy dominance. Read the full story.+ Supporting new technologies like EVs can be expensive, but deciding when to wean the public off incentives can be a difficult balancing act. Read the full story.The must-readsIve combed the internet to find you todays most fun/important/scary/fascinating stories about technology.1 OpenAI has become the worlds most valuable startupMove aside, SpaceX. (Bloomberg $)+ OpenAI is now valued at an eye-watering $500 billion. (FT $)+ The valuation came after workers sold around $6.6 billion in shares. (Reuters)2 Music labels are close to striking AI licensing dealsUniversal and Warner are trying their best to avoid the mis-steps of the internet era. (FT $)+ AI is coming for music, too. (MIT Technology Review)3 Facebooks political ads are full of spam and scamsAnd deepfake technology is making them more convincing than ever. (NYT $)+ Meta will start using conversations with its chatbots to personalize ads. (WSJ $)4 China is forging ahead with integrating AI tools into childrens livesBut educators worry theyll harm youngsters learning and social skills. (Rest of World)+ Chinese universities want students to use more AI, not less. (MIT Technology Review)5 The batteries of the future could be created by AIResearchers including Microsoft are experimenting with materials suggested by models. (IEEE Spectrum)+ This startup wants to use the Earth as a massive battery. (MIT Technology Review)6 A historian claims to have used AI to identify an anonymous NaziDigital tools helped Jrgen Matthus to pinpoint the person photographed beside a mass grave. (The Guardian)7 The Pentagon is interested in AI-powered machine guns that shoot dronesSteven Simonis Allen Control Systems is part of Silicon Valleys new military pivot. (Reuters)+ We saw a demo of the new AI system powering Andurils vision for war. (MIT Technology Review)8 One of Saturns moons may have once hosted life Enceladus has all the necessary keystones to support life, and future missions could uncover it. (Scientific American $)+ Meanwhile, Blue Origin has won a NASA rover contract. (Wired $)+ The case against humans in space. (MIT Technology Review)9 Chatbots exercise all sorts of tricks to keep you talkingThey dont want the conversation to end, a new study has found. (Wired $)10 What its like to become a viral memeDrew Scanlon, aka Blinking Guy, is leveraging his fame for a good cause. (SF Gate)Quote of the dayI cannot overstate how disgusting I find this kind of AI dog shit in the first place, never mind under these circumstances.Writer Luke ONeil tells 404 Media his feelings about an AI-generated biography of journalist Kaleb Horton, who recently died.One more thingA day in the life of a Chinese robotaxi driverWhen Liu Yang started his current job, he found it hard to go back to driving his own car: I instinctively went for the passenger seat. Or when I was driving, I would expect the car to brake by itself, says the 33-year-old Beijing native, who joined the Chinese tech giant Baidu in January 2021 as a robotaxi driver.Liu is one of the hundreds of safety operators employed by Baidu, driving five days a week in Shougang Park. But despite having only worked for the company for 19 months, he already has to think about his next career move, as his job will likely be eliminated within a few years. Read the full story.Zeyi YangWe can still have nice thingsA place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet em at me.)+ Congratulations are in order for 32 Chunk, winner of this years highly prestigious Fat Bear Week competition + Heres how 10 women artists got their days off to the best start possible.+ This Instagram account documenting the worldly travels of a cassette player is fab.+ Brb, Im off to listen to Arctic Outpost Radio, spinning records from the very top of the world.
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