WIRED / Chris Stokel-Walker
Regulators need AI expertise. They can’t afford it. →“The salaries are far lower than the eye-watering sums being offered within the industry. Levels.fyi, which compiles verified tech industry compensation data, reports that the median total compensation for workers at OpenAI is $560,000, including stock grants, as is common in the tech industry. The lowest compensation it has verified at the ChatGPT maker, for a recruiter, is $190,000.”
Reuters / David Gauthier-Villars, Laila Bassam and Tom Perry
Israeli tank strike killed “clearly identifiable” Reuters reporter, per a U.N. report →“An Israeli tank killed Reuters reporter Issam Abdallah in Lebanon last year by firing two 120 mm rounds at a group of ‘clearly identifiable journalists’ in violation of international law, a U.N. investigation into the Oct. 13 incident has found. The investigation by the United Nations Interim Force in Lebanon (UNIFIL), summarized in a report seen by Reuters, said its personnel did not record any exchange of fire across the border between Israel and Lebanon for more than 40 minutes before the Israeli Merkava tank opened fire.”
The New York Times / Mike Isaac
Reddit’s long, rocky road to an initial public offering →“This month, Reddit is poised to reach the stock market in one of the first tech initial public offerings of the year. Its move stands out. Unlike a recent crop of start-ups that are focused entirely on artificial intelligence, the 19-year-old company is a throwback to an earlier era of social media. It is also trying to go public at a time when investors have been skeptical of tech offerings. But what stands out the most is that Reddit is able to go public at all.”
TechCrunch / Kyle Wiggers
Are OpenAI’s deals with publishers edging out the competition? →“OpenAI’s shelling out between $4 million and $20 million a year for news. That might be pennies to OpenAI, whose war chest sits at over $11 billion and whose annualized revenue recently topped $2 billion (per Financial Times). But as Hunter Walk, a partner at Homebrew and the co-founder of Screendoor, recently mused, it’s substantial enough to potentially edge out AI rivals also pursuing licensing agreements.”
Press Gazette / Bron Maher
Substack / Richard J. Tofel
Why philanthropy IS a business model (while “nonprofit” is not) →“The most important factor with respect to sustainability is that both major givers and smaller donors tend to be loyal in their support, at least so long as an organization (including a newsroom) stays on mission. Unlike institutional foundations, individual donors (large or small) don’t experience leadership turnover, and don’t tend to feel compelled to change strategies every few years.”