World News
When you gaze into the AI, the AI also gazes into you on August 11, 2023 at 7:00 pm

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday.
Fri-yay indeed. We sigh, as humans spool up to take a break, while the semi-sentient machines continue writing their poetry in their air-conditioned underground data-center homes. In my column this week, I spent a bit of time thinking about the times that robots have had an impact on my life. That time I ran a chatbot company talking with people about death. That time I felt a connection with a game character. And that time I tried to imagine what it would be like to be a sentient AI knowing it was about to get shut off.
It’s a series of thought experiments I’ve been playing with for a long time, and the idea was reawakened by reading Becky Chambers’ excellent Wayfarers series. The second installment goes into great depth about what happens when an AI is rebooted — will she come back with all her memories intact? Or does something change when you go back to your default software? Well worth a read, if you want to be a philoso-fish, swimming in the philoso-sea.
Anyway, on with the news!
So, about those room-temperature superconductors
Image Credits: Getty Images / ktsimage
Over the past couple of weeks, the internet went positively bonkers over the possibility of superconductors operating without being chilled to near absolute zero, after a team of researchers in South Korea claimed they had something cooked up in the lab that worked. The problem, in part, was that they claimed to have used a material (lead apatite) that not only isn’t a known superconductor, but also isn’t, in fact, conductive at all. YHBT, YHL, HAND, as they used to say in the early days of the internet.
Still, for the briefest of glimpses, on TC+, Tim explored the potential of such a development and the vast-ranging impacts it would have on, well, everything we know about electricity, electronics, and much more. Of course, it seems it may not have been true, and reminded us of the iffy claims made by another company back in March, also involving the elusive room-temp superconductivity.
Alas, ’twas not to be this time either, but the hunt continues.
Less confusion, more fusion: Tim is basically single-handedly carrying this entire section this week — well done, squire — reporting how scientists repeat a breakthrough fusion experiment, netting more power than before, bringing us one baby step closer to usable fusion power.
If you love yourself some sustainability, get your behind (and the rest of you, please. If you turn up at the doors, just a pair of levitating buttocks, we have achieved some sort of superconduction, but you’ll have made an ass of yourself, and security will probably turn you away) to TechCrunch Disrupt, where we have a whole Sustainability Stage planned!
Crypto is . . . maturing? Maybe?
Image Credits: Getty Images / Souda
As Bitcoin is back nudging $30,000, web3 is maturing and people are finally able to have some conversations about blockchains without talking about the abjectly stupid pyramid schemes that collectable digital primates represented (I sniggered all the way through “The Beanie Bubble” and then laughed out loud when the final punchline hit). It made me come up for air for a moment and look at what’s happening out in crypto land.
Investment into the sector certainly isn’t much to shout about right now, with venture funding declining for seventh straight quarter (TC+). A charitable read would be that the bubble is gone and that investors are now only making clearheaded investments into the companies that make sense. Or maybe the “invest while it’s hot” crew have just pivoted their attention to AI, and the hard core believers are left standing.
My unveiled cynicism and abject lack of faith in the sector aside, there’s some interesting movement in the space:
AI, meet web3. Web3, AI: Always worth paying attention when Goliath shifts on his throne, and Jacquelyn’s report that Microsoft partners with the Aptos blockchain (TC+) to marry AI and web3 got a huge amount of attention — and traffic — on TechCrunch this week.
Contractually smarter: About nine months after raising its Series A, SettleMint’s launches its AI assistant, which aims to help web3 developers write better smart contracts.
Followin’ the money: Tracking who invests in what and when is an ever-green effort. Our estranged sibling site Crunchbase does it for VC and startups, and EdgeIn jumps in to be a faster, community-driven version of the same, especially focused on web3.
Oh, governments. They do try ever so hard.
Image Credits: Sirinarth Mekvorawuth / EyeEm / Getty Images
Watching legal systems trying to wrap their heads around even pretty basic technology continues to be cringe-musing, and there was a lot of that sort of thing going on this week.
The Chinese government is in uproar after Biden bans U.S. funding flowing into semiconductors and microelectronics, quantum computing, and artificial intelligence.
In India, the government decided that it would restrict laptops, tablets, and other personal computers to boost local manufacturers but was met with the appropriate mix of uproar and ridicule, and quickly announced it would delay that particular harebrained idea from taking hold. Also in India, the IT minister resurrected a previously abandoned data privacy bill and is pushing ahead with it, despite criticism.
The EU wasn’t going to be outdone, though, and stuck its oar in as well. TikTok is launching a “For You” feed aimed at the European market but without its algorithm. Worldcoin’s official launch triggers privacy scrutiny, and it turns out the European Commission (EC) isn’t too psyched about Adobe’s $20 billion Figma acquisition, either, confirming an in-depth probe into the deal. Finally, Meta says it will offer European users a choice to deny tracking.
More? Fine.
There’s a lesson there: Dominic-Madori takes a dive into the U.K. venture landscape and argues that the U.S. could learn a lot from how the U.K. is crafting DEI (diversity, equity, and inclusion) policy for the industry.
Just can’t face it: The pervasive use of facial recognition technology across all facets of life in China has elicited both praise for its convenience and backlash around privacy concerns. Rita reports that China is considering measures that demand “individual consent” for facial recognition use.
Eye see you: A Kenyan government agency suspended Worldcoin’s activities, citing concerns with “authenticity and legality.” It plans to resume iris scans in Kenya, but the debate continues about whether the crypto-powered identification scheme is using the data it is collecting in accordance with local law.
Top reads on TechCrunch this week
Across the site, here are some of the startup stories y’all flocked to since the previous Startups Weekly.
Karma, karma, karma, karma, komeuppance: Apparently not entirely immune to irony, spyware maker LetMeSpy shuts down after hacker deletes server data.
That won’t have been cheap: The value domain AI.com, which until recently was pointing to ChatGPT, suddenly started sending traffic to Elon Musk’s X.ai this week. Ultimately, no one actually cares who owns AI.com, but speculation in the land of domain selling and buying ran rife as to how much money might have changed hands in the process.
You want how much for a ride to the airport?: Lyft wants to kill surge pricing, because “riders hate it with a fiery passion.” Yes, yes, we do.
We slipped into something more comfortable: Verizon dropped hundreds of millions on BlueJeans at the height of the pandemic lockdown, but three and a bit years later, the platform gives up the fight, announcing it is killing the app off altogether, citing “changing market demands.”
Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there’s something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code STARTUPS. Learn more.
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Fri-yay indeed. We sigh, as humans spool up to take a break, while the semi-sentient machines continue writing their poetry in their air-conditioned underground data-center homes. In my column this week, I spent a bit of time thinking about the
Politics
Netanyahu’s UN Speech Triggers Diplomatic Walkouts and Mass Protests

What Happened at the United Nations
On Friday, Israeli Prime Minister Benjamin Netanyahu addressed the United Nations General Assembly in New York City, defending Israel’s ongoing military operations in Gaza. As he spoke, more than 100 delegates from over 50 countries stood up and left the chamber—a rare and significant diplomatic walkout. Outside the UN, thousands of protesters gathered to voice opposition to Netanyahu’s policies and call for accountability, including some who labeled him a war criminal. The protest included activists from Palestinian and Jewish groups, along with international allies.

Why Did Delegates and Protesters Walk Out?
The walkouts and protests were a response to Israel’s continued offensive in Gaza, which has resulted in widespread destruction and a significant humanitarian crisis. Many countries and individuals have accused Israel of excessive use of force, and some international prosecutors have suggested Netanyahu should face investigation by the International Criminal Court for war crimes, including claims that starvation was used as a weapon against civilians. At the same time, a record number of nations—over 150—recently recognized the State of Palestine, leaving the United States as the only permanent UN Security Council member not to join them.
International Reaction and Significance
The diplomatic walkouts and street protests demonstrate increasing global concern over the situation in Gaza and growing support for Palestinian statehood. Several world leaders, including Colombia’s President Gustavo Petro, showed visible solidarity with protesters. Petro called for international intervention and, controversially, for US troops not to follow orders he viewed as supporting ongoing conflict. The US later revoked Petro’s visa over his role in the protests, which he argued was evidence of a declining respect for international law.

Why Is This News Important?
The Gaza conflict is one of the world’s most contentious and closely-watched issues. It has drawn strong feelings and differing opinions from governments, activists, and ordinary people worldwide. The United Nations, as an international organization focused on peace and human rights, is a key arena for these debates. The events surrounding Netanyahu’s speech show that many nations and voices are urging new action—from recognition of Palestinian rights to calls for sanctions against Israel—while discussion and disagreement over the best path forward continue.
This episode at the UN highlights how international diplomacy, public protests, and official policy are all intersecting in real time as the search for solutions to the Israeli-Palestinian conflict remains urgent and unresolved.
News
Is a Nuclear-Powered Alien Spacecraft Flying Toward Earth?

A mysterious interstellar object speeding through our solar system has reignited debates about extraterrestrial technology — and whether Earth might currently be under quiet observation.
The object, known as 3I/ATLAS, is only the third confirmed interstellar visitor ever detected. Unlike ordinary comets, however, this cosmic traveler has baffled astronomers with its unusual brightness, strange trajectory, and lack of a visible cometary tail. While most scientists cautiously describe it as a natural body, one leading astrophysicist believes something much stranger is at play.

Harvard Scientist’s Bold Claim
Professor Avi Loeb of Harvard University, head of the Galileo Project, has suggested that 3I/ATLAS may in fact be a nuclear-powered alien spacecraft designed to test how humanity would respond to an interstellar visitor. He argues that its flight path is improbably precise, bringing it close to Mars, Venus, and Earth — a pattern highly unlikely to occur by chance.
Loeb also points out that telescope images show a glow inconsistent with ordinary dust behavior. Instead of trailing behind like a comet, the halo-like light appears to extend in unusual ways, sparking debate about whether the object could be emitting energy of its own.
Headed Toward Earth’s Neighborhood
3I/ATLAS is expected to make its closest approach in late 2025, passing near Mars before swinging by the inner solar system. Although Earth itself will be on the opposite side of the Sun when it comes closest, the alignment will still enable space-based observatories to capture sharper data.

Loeb has called on NASA and other agencies to use spacecraft already stationed near Mars or Jupiter — including the Juno mission — to take high-resolution photographs. He believes such efforts could reveal whether the interstellar object is truly natural, or the first technological probe humanity has ever encountered.
Should We Be Worried?
While most astronomers argue caution before jumping to alien conclusions, Loeb insists that scientific openness is key. “If it’s just a comet, we learn something new,” he said. “But if it’s a spacecraft, it would be the most important discovery in human history.”
For now, 3I/ATLAS remains a mysterious speck on astronomers’ charts, drifting closer with each passing day. Whether it proves to be a frozen remnant of another star system or something far more advanced, the interstellar visitor has already succeeded in one mission: reminding us how vast and unpredictable the universe really is.
News
AI Automation Could Cause Up to 20% Unemployment—A Workforce on the Brink

Stark Warning from Anthropic CEO Highlights Rapid Job Displacement Risk
The looming threat of widespread unemployment due to AI automation has sparked intense debate among experts, business leaders, and policymakers. Dario Amodei, CEO of Anthropic—the company behind the influential AI language model Claude—issued a stark warning that has sent shockwaves through corporate America:

“Up to half of all entry-level white collar jobs could disappear within the next one to five years, potentially pushing unemployment rates as high as 20% during this period.”
This dramatic forecast paints a picture of a rapid and unsettling transformation in the workforce, driven by AI technologies that can perform complex cognitive tasks.
Balancing Predictions: Worst-Case Scenarios vs. Moderate Impact
However, this forecast represents one end of a spectrum of expert predictions. While Amodei’s warning highlights the worst-case scenario driven by the swift adoption of AI agents capable of coding, analyzing data, drafting legal documents, and managing workflows around the clock, other analyses suggest a more moderate impact. For example, Goldman Sachs estimates that AI could temporarily displace about 6-7% of U.S. jobs, with unemployment rising by approximately half a percentage point during the adjustment period. Their research anticipates a more gradual transition with a mixture of job disruption and creation.

The Unprecedented Speed and Scope of AI-Driven Job Disruption
The truth likely lies somewhere in between. AI is advancing at unprecedented speed, and the scope of jobs affected spans far beyond blue-collar roles to white-collar positions that required college degrees and years of training. Entry-level roles such as customer service representatives, data entry clerks, junior analysts, and administrative assistants face the greatest near-term risk. Mid-level roles in accounting, marketing, law, and engineering could soon follow, with companies already laying off workers citing AI-driven efficiencies.
Preparing for an AI-Transformed Workforce: Adaptation Is Essential
Ultimately, the AI-driven job transformation is no longer a distant prospect but unfolding now. Whether unemployment spikes to 20% or stabilizes at lower levels depends on many factors, including business adoption rates, government policies, and the ability of workers to reskill. What is certain is that the workforce of tomorrow will look very different from today—and the time to prepare is right now.
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