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Half of companies planning to replace customer service with AI are reversing course

Editor's take: Customer care has become one of the most notorious business failures of the digital age, and everyone knows it. Now, artificial intelligence threatens to take this horror show of impersonal, unreliable service to a whole new level. Within a couple of years, 50 percent of the organizations that had planned to replace their customer service personnel with AI models are expected to reverse their decision. According to a recent survey from Gartner, the original goals were overly ambi

Investment CEO Tells Convention Audience That 60 Percent of Them Will Be Unemployed Next Year Due to AI

Although hundreds of billions of dollars have been poured into AI development, nearly 75 percent of businesses have failed to deliver the return on investment promised to them. The hyped up tech is notoriously buggy and in some ways now actually getting worse, with project failure rates on the rise. Despite staring into the maw of a colossal money pit, tech CEOs are doubling down, announcing plans to increase spending on AI development, going as far as laying off armies of workers to cut down o

Meta approves massive bonuses for executives after broad layoffs

Meta has offered up a lucrative new executive bonus plan, according to a company filing released Thursday . Under the new plan, executives could earn a yearly bonus of 200 percent of their base salary, which is up from 75 percent. This comes just after Meta announced sweeping layoffs impacting five percent of its workforce . A committee for Meta’s board of directors approved the change on February 13, on the grounds that the “target total cash compensation” for its executives “was at or below t

Bybit hacked for almost $1.5 billion in the biggest crypto theft ever

While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit experienced today. A hacker stole nearly $1.5 billion in Ethereum (ETH) and staked Ethereum from one of the exchange's offline wallets, nabbing the largest cryptocurrency haul ever. One blockchain security expert said it's likely the all-time biggest heist of any kind, not just crypto. Bybit CEO Be

The World Is in a Polyester Crisis. One Company Is Trying to Recycle a Way Out

I’m on an overnight flight from New York to Frankfurt, Germany, and the accoutrements given to me in business class have a sustainable sheen. Both the polyester blanket and polyester flight kit proudly claim they are made of fabric spun from recycled plastic bottles. But doesn’t United Airlines know that recycled bottles are so yesterday’s green material? No, the new hot and hyped technology is recycling polyester into polyester. And I’m on my way to observe the most well-capitalized innovation

MLB is testing robotic umpires in Spring Training, eyes 2026 implementation

Forward-looking: Major League Baseball is testing a computerized system for calling balls and strikes during spring training exhibition games. This Automated Ball-Strike System (ABS), which has been in development for four years in the minor leagues, could aid MLB home plate umpires as early as 2026. The ABS uses a network of cameras installed in stadiums to track each pitch and determine whether it crosses home plate within the strike zone. The current iteration uses Hawk-Eye pose-tracking cam

New Polling Shows Americans Increasingly Disgusted With Elon Musk

Unelected White House budget slasher and richest man in the world Elon Musk's so-called Department of Government Efficiency has ripped through the federal government like a bull in a china shop. The billionaire's hodge-podge team of underqualified 20-somethings — and at least one literal teenager — have already ripped up countless government contracts and fired thousands of federal employees — only to rehire those who were in charge of nuclear security and protecting the US from a looming bird

One of our favorite power banks is 52 percent off right now

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . A Baseus model with 100W fast charging can be yours for $47.59 with our exclusive code. Here's a great deal on one of our favorite power banks. You can pick up the skinny Baseus Blade for $47.59 with the help of our exclusive code. That's 52 percent off the regular price of $100. The

A four-pack of Chipolo One Bluetooth trackers is on sale for 32 percent off

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . If you're constantly losing your keys, wallet and other important stuff, Bluetooth trackers could be a big help. Attach them onto your things and you can monitor their location directly from your phone. Our current favorites are the Chipolo One trackers, and right now you can snag a pa

Killer Asteroid Could Be Headed for Some of the World's Most Populous Cities

According to NASA's Jet Propulsion Lab, near-Earth asteroid 2024 YR4 now has a 3.1 percent chance of colliding with our planet on December 22, 2032. That makes it the highest-threat asteroid ever detected, as Euronews reports. As of late January, the probability was sitting at just 1.3 percent, which then rose to 2.1 percent last week before rising yet again. Worse yet, the space agency suggests the asteroid could hit densely populated areas of our planet — if it were to make an impact just un

Tesla Cybertruck: all the news about Elon Musk’s futuristic pickup truck

Here’s everything you need to know about Tesla’s first pickup truck, which Elon Musk has called “heart-stopping” and his “personal favorite” of Tesla’s vehicles. Pickups have become more popular lately — their share of the US light vehicle market increased to 17.5 percent in 2019, from just under 13 percent in 2012. They’re also the fastest-growing auto segment in the US. That makes Tesla’s entry into pickups sensible, analysts say. Another pickup perk: pricing. Pickups tend to be expensive. E