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🪐 What’s happening in tech today, September 14, 2024?

The HackerNoon Newsletter brings the HackerNoon homepage straight to your inbox. On this day, ERMA System Revolutionizes Banking in 1959, Karl Marx's Das Kapital: Critique of Capitalism in 1867, Windows ME: Consumer-friendly, but Plagued with Issues in 2000, and we present you with these top quality stories. From zkEmail Account in Noir Aztec - Part 1 to Why Hackers Arent Stopped by Account Lockouts, let’s dive right in.


The Market Today

#01 Instagram (Meta)
$524.62 +0.82%
#03 Amazon IVS (Amazon)
$186.49 -0.27%
#05 ThoughtWorks
$4.40 N/A
#09 Tesla
$230.29 +0.99%
#01 Bitcoin
$59907.31 +2.41%

machine-learning

The AI Disruptobloat: How Overproduction Dilutes Value but Accelerates Innovation

TL;DR If AI models are a commodity, where’s the killer AI business model?

By @kamilaselig [ 6 Min read ]

I’m coining the word ‘disruptobloat’ to describe a distinct season that any major technology goes through:

Disruptobloat is a phenomenon of overproduction: [some new tech]-driven products flood the market, diluting the perception of value in the short term.

Level 1: Do what we do cheaper: (…) automate routine tasks.


..

Read More

web3

zkEmail Account in Noir Aztec - Part 1

TL;DR A zkEmail account is a smart contract account that allows users to confirm transactions by replying to an email.

By @oleh [ 11 Min read ]

Big thanks to Mach34 team for the initial version of zkemail in Noir.

Alice sends the following email to a relayer:

And after canonicalization:

2 questions:

We get the following response:

Install it in Nargo.toml:

Now, let's take a look at the Noir circuit for the verification:

Output:..

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tech-stories

Why Hackers Arent Stopped by Account Lockouts

TL;DR If you mess up your password three times, you may be locked out for several minutes. Why doesnt that stop hackers trying to guess passwords?

By @zacamos [ 4 Min read ]

Users getting locked out of their own accounts is an all-too-common scenario. After just a few typos, they can no longer try again until time passes or they reset their passwords with an email. As frustrating as it is, at least it stops hackers — or does it?..

Read More

On This Day

ERMA System Revolutionizes Banking

The acceptance of the ERMA system by Bank of America on September 14, 1959, marked a significant milestone in the history of computing as it was the first large-scale deployment of computer technology for financial transactions, paving the way for modern banking as we know it today.

Poll Of the Week

How Often Do You Order Items From Amazon?

The e-commerce giant only seems to be getting bigger and bigger, but does everyone use Amazon? And how often do they use it?

11% 3+ times a week

9% Once or twice a week

42% Once every couple of weeks

36% I don't use Amazon

🧑‍💻 What happened in your world this week?

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We hope you enjoy this 21 minutes worth of free reading material. Feel free to forward this email to a nerdy friend who'll love you for it.

See you on Planet Internet! With love,

The HackerNoon Team ✌️

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