Marketplace Tech With Molly Wood

We’re at the end of the week, which means we’re serving up another episode of Marketplace Tech Bytes: Week in Review. Autonomous vehicle company Waymo has launched its driverless taxi service in Los Angeles. OpenAI has given CEO Sam Altman his board seat back. And a U.S. bill passed by the House of Representatives would force TikTok’s Chinese parent, ByteDance, to sell its stake in the U.S. version of the popular social media platform or be banned from app stores. Paresh Dave, senior writer at Wired, joined Marketplace’s Lily Jamali to discuss why policymakers have been pushing for action on TikTok for years.

On Wednesday, members of the House of Representatives proved they can agree on something. In a bipartisan vote, lawmakers passed a bill that would force TikTok to split from its Chinese owner, ByteDance, or face a nationwide ban — the first for a social media app in the U.S. President Biden has signaled he’d sign the bill into law if it passes the Senate. Advocates argue that the Chinese government could use the hugely popular app to collect Americans’ personal data and threaten U.S. security. Marketplace’s Lily Jamali spoke to Jameel Jaffer, executive director of the Knight First Amendment Institute at Columbia University, about the congressional action. He pointed out that a little something called the First Amendment could complicate the crackdown.

When President Barack Obama took office way back in 2009, he created a new role that promised to bring some tech know-how to his administration. Chief Technology Officer, or CTO, was, of course, a title borrowed from corporate America. Early on, the job focused on things like bringing broadband access to rural parts of the country and modernizing the way the federal government keeps records. President Donald Trump also had a CTO. Well, we are now deep into President Joe Biden’s current term in office and the president has yet to appoint a CTO for the United States. For more on why, Marketplace’s Lily Jamali spoke with Cristiano Lima-Strong, tech policy reporter at The Washington Post, who’s been tracking developments on the position.

It’s been about a year and a half since ChatGPT hit the scene and changed the world of education, leaving teachers scrambling to adjust lesson plans and grading policies. Currently, only a handful of states are providing guidance on how AI should be used in the classroom. Just five have official policies, with about a dozen more in the works. Bree Dusseault at the Center on Reinventing Public Education at Arizona State University has been following all this.

Almost one in five lawyers are using AI, according to an American Bar Association survey. But there are a growing number of legal horror stories involving tools like ChatGPT, because chatbots have a tendency to make stuff up — such as legal precedents from cases that never happened. Marketplace’s Meghan McCarty Carino spoke with Daniel Ho at Stanford’s Institute for Human-Centered Artificial Intelligence about the group’s recent study on how frequently three of the most popular language models from ChatGPT, Meta and Google hallucinate when asked to weigh in or assist with legal cases.

Late last month, Change Healthcare, a unit of UnitedHealth, came under attack by an infamous hacker group called BlackCat. $22 million in ransom later, reportedly paid in bitcoin, and the problem is far from solved. Also this week: Max, previously HBO Max, announces a crackdown on password sharing — maybe it’s time to dust off the old DVD player. But first, Apple on Monday got hit with a massive fine from regulators in Europe. They say the company used its app store dominance to box out music streaming services competing with its own. What’s $2 billion to the tech titan of Cupertino? Marketplace’s Lily Jamali asked Chrissy Farr, a health tech investor at OMERS Ventures, for today’s episode of Marketplace Tech Bytes.

More than 260,000 people working in the tech industry were laid off last year, and some CEOs have put at least some of the blame on high interest rates. Policymakers at the Federal Reserve hiked rates at the fastest pace in modern history to beat back inflation. And when rates rise, borrowing money gets more expensive. Marketplace’s Lily Jamali sat down with Mary Daly, president and CEO of the San Francisco Federal Reserve Bank, to discuss how the tech industry is navigating through this higher interest rate world and ask about her agency’s role in the Silicon Valley Bank collapse, one year later.  

This week marks the first anniversary of the collapse of Silicon Valley Bank, the largest bank failure in the United States since the 2008 financial crisis. Today, Marketplace’s Lily Jamali revisits the SVB collapse with Anat Admati, an economics professor at Stanford University and co-author of the book “The Banker’s New Clothes.”

Audio deepfakes have become shockingly convincing in the last few years. A deepfake robocall impersonating President Joe Biden encouraging voters to stay home for the New Hampshire primary was one recent example of how far the technology has advanced. That’s why “Marketplace Tech” is launching a limited series called “Decoding Democracy.” Marketplace’s Lily Jamali will be joined by other Marketplace reporters, experts and researchers to discuss what election mis- and disinformation is out there, how to spot it and how it impacts our democracy. In this first episode of “Decoding Democracy,” Marketplace senior correspondent Kimberly Adams joins Jamali to delve into the latest on audio deepfake technology and how to protect yourself from being fooled by one.

“Misinformation” and “disinformation” are often lumped together. They’re not the same, but they are very much connected. Say you hear that Christmas falls on Dec. 23 this year. If someone told you that thinking it was true, it’s considered misinformation. But when it’s spread with the intent to deceive, that’s disinformation, which can easily be amplified unwittingly by the folks in the first group. Audio and video generated by artificial intelligence is everywhere in this election season. So before you click Share, know that the tech used to create that convincing-but-often-false content is getting a lot better a lot faster than you might think. Marketplace’s Lily Jamali spoke with longtime misinformation researcher Joan Donovan, now a journalism professor at Boston University, to learn more.