Episode Transcript
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(00:02):
Hi everyone, I'm John C. Morley, the host of
The JMOR Tech Talk Show and Inspirations for
Your Life.
(00:30):
Hey guys,
good evening, it is John Seymour here, serial
entrepreneur.
(00:51):
Welcome to The JMOR Tech Talk Show.
Today is Friday, it is April 4th.
Hopefully you're looking for a great show like
I am tonight and this is going to
be an amazing one.
By the way, we are in series four.
This is Tech Turmoil, lawsuits, leaks, and AI
takeovers, so stay tuned, we've got lots to
(01:13):
share with you on tonight's show.
Ladies and gentlemen, I am John Seymour, the
serial entrepreneur.
It's always such a privilege, a pleasure and
honor to be with you guys every single
time I go live or I create something
just for you guys.
Be sure to check out BelieveMeAchieved.com for
more of my amazing, inspiring creations after the
show.
Maybe you want to catch a previous Jamwar
(01:33):
Tech Talk Show or maybe listen or watch
one of the Inspirations for Your Life shows,
which is my flagship program, or check out
any of my other content that I produce
quite frequently.
So maybe you want to go run to
the kitchen and get yourself something delicious.
Maybe it's hot, maybe it's cold, maybe it's
healthy, maybe it's not, could be sweet, could
(01:54):
be tart, whatever, feel free to do that
and hurry on back.
All right, really excited because in just another
day or two, we have some new audio
equipment that we're going to be setting up
and really excited to be setting this up,
which will probably be for Saturday's show for
Inspirations for Your Life, if not, definitely Monday's
(02:14):
show.
I think you're going to really enjoy it.
It's going to add some new harmonics to
the production that we do already, I know,
such a great job on.
But anyway, I do want to thank you
for tuning in tonight.
The future of tech is unfolding.
Are you ready, everyone?
Well, this week on the Jamwar Tech Talk
Show, I'm breaking it down.
The most critical developments in technology, business, and
(02:38):
of course, cybersecurity.
The FBI is investigating a major cyber attack
on Oracle.
Google is paying out millions in a legal
settlement.
And Taiwan is cracking down on semiconductor talent
poaching.
Meanwhile, YouTube is testing changes that could impact
creators.
(02:58):
AI-driven fraud is rocking the streaming industry.
And new social media platforms are emerging to
challenge the giants.
Plus, big names like Uber, Facebook, and 23andMe
are facing legal and financial hurdles.
So stay ahead of the curve with the
latest insights tonight.
This episode is just for you.
You're not going to want to miss it.
(03:19):
So first thing I want to talk about
is FBI.
The FBI, the Federal Bureau of Investigation, is
probing regarding the Oracle attack.
Oracle, a tech giant known for its cloud
computing and database solutions, has become a culprit
for the latest of cyber criminals.
(03:42):
And the FBI has launched an investigation into
the attack, which could have far-reaching consequences
given Oracle's vast network of corporate and of
course, government clients.
Cyber security experts warned that this breach could
expose sensitive data and, yes, lead to disruptions
(04:03):
across multiple industries.
As attacks on critical infrastructures become more frequent,
businesses must rethink their security strategies to defend
against increasingly sophisticated threats.
We all know what happened when Microsoft had
all those challenges.
A lot of people didn't know that the
(04:23):
U.S. government uses Office 365 to handle
their email.
Outlook basically in a web software as a
service experienced many challenges.
And ladies and gentlemen, Google settles a $100
million ad lawsuit.
Google has agreed to pay a $100 million
(04:46):
settlement in response to allegations of misleading advertising
metrics.
The lawsuit claimed that the tech giant manipulated
ad performance data, potentially deceiving businesses into spreading
more on ads than necessary.
This case has reignited concerns about the transparency
of digital advertising platforms and the dominance of
(05:09):
companies like Google in the online ad space.
With regulators watching closely, this settlement may be
just the beginning of a broader crackdown on
advertising practices across the industry.
So ladies and gentlemen, I want to share
a personal story about this.
So you guys know that I've never really
been, let's say, that excited about Google.
(05:31):
I mean, they're a search engine.
Yes, we always try to optimize our page
and stuff, but it's not to pay money.
And I have to tell you, it was
several years ago that we decided that we
were going to hire Google because we said,
gee, you know, if they're really as good
as they say you are, but their ads
were just a bunch of malarkey.
And so we decided to hire them and
(05:54):
get them to really create a campaign, which
we thought was going to be an amazing
thing to do.
Unfortunately, let me explain what actually happened.
So we decided to go on their site
and we decided to hire one of their
consultants.
Now, first thing you should know is that
(06:14):
their consultants don't all work for Google.
They work for other companies, et cetera, et
cetera.
And so I remember filling out the information.
Then I got this one guy who basically
got back to me and we set up
like, you know, like it wasn't even a,
I think it was just an audio call,
(06:34):
wasn't even a video call.
And he was so condescending, so rude and
basically a great con job artist, if I
may say so myself.
He had this air about him that you
need to spend X dollars and if you
don't spend X dollars, well then Google's not
(06:56):
going to work with you because, you know,
we only pick like the top people.
They just marketed that they are going to
help small and medium businesses grow.
And so I figured I'll give it a
try.
So they said there was a minimum that
I had to spend.
It wasn't like millions.
So I said, okay, I'll give it a
shot.
So now that I agreed to that and
I explained to them what I was looking
(07:16):
for, they then, I think it was five
to seven days later, they connected me with
what they call their advertising AdWords specialist, who
was a complete joke.
So I finally got to talk with him
because the first time that he was supposed
to connect with me, well, you think he
would understand the time zone difference and you
think a company like Google would be able
(07:38):
to implement a time calendar system that actually
could handle time zones.
Like that's not hard.
People like Once Hub and many other platforms
out there can do it.
So why couldn't they?
So after being frustrated and having to set
this up a second time, I remember talking
to this guy and this is the guy
(08:00):
that's supposed to be working on my campaign.
So I talked to him and explained exactly
what I'm looking for and all this stuff.
So now you have to wait seven days
for him to cultivate like the piece of
results, the like ultimate masterpiece, or so they
say.
So I waited, it was like seven days.
(08:22):
And of course, I did not get my
ad campaign delivered as promised.
So I called the 1-800 number back,
which by the way, you can't call any
number that is an 800 number.
You can't even call Google, okay?
Only if it's about advertising.
So I called the number, they were very
(08:43):
nasty.
And I asked, you know, it was very
nice.
I said, when am I going to, you
know, get my, oh, you'll get it.
You'll get it.
You should have it.
Well, it was due yesterday.
Well, you'll have it in a day or
two, okay?
So the next day I did get the
campaign, but it was a complete disaster.
They couldn't even figure out how to spell
(09:03):
my hometown Franklin Lakes correctly.
They wound up putting Frank on Township.
I'm like, oh, this is crazy.
So they started the campaign and after I
approved it, and we basically got no results.
Okay.
We spent some money, didn't spend a lot.
So then I talked to someone and they
(09:24):
just figured a way that they could get
me to spend my budget faster.
Well, I didn't need some yo-yo that
could basically figure out how to spend my
money faster.
I wanted somebody that could spend my money
in a smarter way that would give me
a return on investment.
So now I'm working with them, really getting
frustrated because I can't reach them back.
It's like, now that they're not pleasing me
(09:47):
when I try to reach them, they're telling
me I have to increase my budget.
I'm like, this is just a crock.
And so when it came time to actually
finalize it, oh, this is what y'all
make, I'm not paying you anything because your
service didn't do squat for me.
You did nothing but con job me and
the people that you gave me, they're supposed
(10:09):
to be such experts, were nothing but arrogant,
pompous, you know what, right?
And so I said, at this point, Google
really doesn't know what they're doing.
For them to go hire Accenture and all
these wannabe, supposedly Google AdWords specialists, they couldn't
even find their own way through a paper
(10:30):
bag.
All they were good at doing is trying
to manipulate me, but I was a lot
smarter than them.
They would put you through this process where,
you know, well, if you're not willing to
spend the money, then we're not going to
work with you.
I was willing to spend the money.
They couldn't put up, you know, we always
say put up or shut up.
Well, they couldn't put up and they wouldn't
(10:52):
shut up.
They just kept doing the same thing over
and over again.
And I eventually decided to can them because
they were useless.
So in my world, Google has never been,
and this is from my own personal experience
from several businesses, never been completely transparent to
me.
And I think a lot of companies out
(11:12):
there feel the same way.
I've used AdWords for myself many years ago,
and I won't go back to using it
again.
I find that their platform is inflated.
It doesn't do what it's supposed to do.
Facebook's not any better, to be honest with
you.
But Google was claiming that they were going
to be like guaranteed, yeah, guaranteed my foot.
(11:32):
Anyway, I'm very disappointed, but I gave it
a shot and I thought, hey, maybe they
could help me.
But really, they didn't know anything more than
I did.
They just knew how to increase the campaign
so it could spend money faster.
That wasn't a professional.
Well, that was, I should say that wasn't
a professional.
That was just a crook, right?
(11:54):
And Taiwan investigates the SMIC for poaching.
So Taiwan's semiconductor industry is one of the
most advanced in the world, ladies and gentlemen,
making it a prime target for talent poaching.
I don't know if you knew that or
not.
Authorities have launched an investigation into China's semiconductor
(12:14):
manufacturing international corporation.
That's what SMIC stands for, semiconductor manufacturing international
corporation, for allegedly recruiting top engineers from Taiwan's
leading chip firms, given the ongoing global semiconductor
shortage and the fierce competition between China and
(12:35):
Taiwan in this sector.
This probe could escalate tensions and lead to
stricter regulations on cross-bordering hiring practices.
If it is proven true and they're found
guilty, the consequences for SMIC could be so
dire, potentially affecting its ability to develop cutting
(12:59):
edge chips in the future.
And I think a lot of times when
somebody is good at something, you don't need
to have an arrogance attitude like Google and
so many other companies.
If you're good at what you're doing, again,
lose the attitude, right?
I mean, lose the attitude.
YouTube is testing disabling notifications.
(13:21):
YouTube is testing a controversial new feature that
disables certain notifications, leaving content creators, unfortunately,
frustrated.
Many rely on notifications to alert subscribers about
new videos.
And this change could significantly impact viewership and
engagement.
While YouTube claims this move is intended to
(13:43):
reduce user fatigue from excessive alerts, critics argue
it will hurt small creators who depend on
notifications to reach their audiences.
Now, this experiment is part of YouTube's ongoing
effort to balance user experiments with the experience
and the creator needs that they supposedly have.
But if it becomes permanent, it could reshape
(14:05):
how audiences interact with the platform.
And that could potentially not only hurt content
creators, but may discourage them and possibly get
them to stop creating.
So we'll have to just keep an eye
on, you know, what's going on with that.
But I think it's something that we all
need to be aware of.
(14:26):
And you might be saying to me, hey,
John, you know, what is, or I should
say, you know, when is YouTube making these
changes?
I mean, I think that's probably a good
question, right?
When is YouTube making these, you know, these
notification changes?
And so they're a little bit cryptic on
(14:47):
this.
People said, what happened to the notifications?
Well, you could choose whether to get notifications
from certain apps on your phone, in your
phone's notification settings.
But we're talking a little bit more than
that.
We're talking about the way YouTube is changing
its notification system, okay?
And YouTube creators have long been moaning about
the company's irregular and untrustworthy notification delivery system.
(15:10):
But these new product changes are looking to
address those frustrations.
Notifications are now automatically set to be personalized,
according to many that use YouTube.
That means that not everyone who subscribes is
going to get the same videos delivered to
their inbox.
Under the new system, at least in theory,
quote unquote, in order to receive notifications about
(15:30):
every video a creator releases, people have to
click subscribe, hit the golden bell icon, and
ensure notifications are enabled on their account.
If they don't do this and just hit
the red subscribe button, they may not receive
notifications for creators' new videos.
Although all subscribed videos should still show up
in the subscriptions tab, it won't give you
(15:51):
a direct interactive notification.
The product change is supposedly going to make
this easier for users to understand.
But basically, YouTube is acknowledging that if you're
confused, you're not alone.
Through a series of tests and user research,
they claim to have found this updated way
and visual design to improve an overall understanding
(16:13):
of the default bell settings and making it
more clear that if you won't be notified
about every new video upload, that this is
what you need to do.
When YouTube's product team first clarified why some
people may not receive notifications and others will,
the community had one main question.
Shouldn't everyone who's subscribed to a channel get
a notification?
Yeah, I would say the same thing.
No one really understands how notifications work before.
(16:36):
Research conducted by YouTube's team discovered that people
became overwhelmed by the number of notifications they
were getting from subscribing to multiple channels and
turning them off completely.
The new change will allow people to personalize
notifications across every channel they subscribe to on
YouTube.
Is it going to help people or hurt
people?
I don't know.
So it could be a problem, right?
(17:02):
It's going to affect a lot of people.
Creators have already started talking about other updates,
other platforms that might do something similar.
And I think we've really got to send
a message home to YouTube, Google, quote unquote,
that hey, this isn't like good for us.
But I found a lot of these platforms,
(17:22):
they don't care about you.
They don't care about I.
They care about one thing, the money in
their pocket.
That's all they care about.
I'm just being honest.
So there is an AI driven streaming fraud
case that just emerged.
A new case of AI powered fraud is
shaking up the streaming industry.
In fact, scammers have been using artificial intelligence
(17:43):
to generate fake music and videos while employing
bots to inflate view counts and engagement metrics.
Now this fraudulent activity has caused millions in
lost revenue for legitimate artists and streaming platforms.
As AI continues to evolve, companies must implement
stronger safeguards to detect and prevent manipulation.
(18:05):
This case highlights the dark side of automation
and raises questions about how AI can be
regulated to protect content creators from unfair competition.
Now I'm all for protecting content creators, because
I am a content creator, from unfair competition.
(18:26):
But I think we have to realize that
there are going to be good people out
there that create content and there are going
to be bad people out there.
I mean, whether we're talking about, you know,
YouTube, we're talking about TikTok, whether we're talking
about Facebook, there are people on there that
say things.
And because they have an established community, people
(18:48):
trust them.
But I'm here to tell you that just
because they have so many followers doesn't mean
they're being truthful with you.
What matters to them is not the truth,
but how much money they get in their
pocket from you.
And a new social media platform is starting
to gain traction.
With increasing frustration over algorithm changes, censorship, and
(19:12):
data privacy concerns, users are flocking to emerging
social media platforms that promise more transparency and
control than ever before.
While giants like Facebook, Instagram, and X still
dominate, new competitors are gaining ground by offering
innovative features and alternative content sharing models.
(19:34):
As these platforms grow, they could challenge the
status quo and force mainstream social media companies
to rethink their policies to retain users.
What's going to happen with this?
Could we be witnessing the next big shift
in social networking?
The European Union, I'm sure, is going to
(19:55):
step into this, and I'm sure they're going
to have their hands all over this.
But the question you might be asking, John,
is, is this true or is this some
kind of hype?
That's a good question.
Is this true or a scam is what
I like to say.
And I'm not sure.
(20:19):
It actually launched April 1st, and companies you
might know like Blue Sky, Mastodon, Threads, and
X, I own shoe, Lemonade, are starting to
captivate people, right?
(20:39):
We're now even starting to see AI-generated
spam that's starting to fill social media.
I think that's a really big, big problem,
John.
And back to the European Union, we haven't
talked about them that much.
The European Union rules against the Chinese firm,
Nuktech, sorry, Nuktech.
The European Union has ruled against Nuktech, a
Chinese security technology firm, citing national security risks
(21:04):
and unfair competition practices.
This decision is part of a broader push
by Western governments to limit the influence of
Chinese technology companies in critical industries.
As tension between China and the West continue
to escalate, this ruling could set a precedent
for future restrictions on Chinese firms operating in
(21:27):
Europe.
With data security concerns at an all-time
high right now, governments are taking a tougher
stance on foreign tech companies handling sensitive information.
And I think it's good that they're doing
this, but unfortunately, I don't see it happening
in the United States.
My big question, ladies and gentlemen, is when
(21:47):
is the US, and this is a great
question, when is the US going to wake
up?
Just tell me when.
And I would just love to know that,
because I think a lot of times people
don't realize that they're being fed garbage, okay?
They are being fed garbage.
(22:09):
And so, if they're being fed garbage, then
my question is, how do we change that?
How do we rule against that?
And it's not an easy thing to do,
because everyone thinks just because you have a
large number of followers that you're being truthful
with the people that subscribe to you.
(22:30):
And what a lot of these people are,
are I'm going to say con artists.
I gave you a perfect example of this
just a few weeks ago when somebody on
a social media platform said you could buy
this gimbal that was only, I'm going to
say on their shop, it was like $30
(22:51):
some dollars.
I bought the same gimbal for about $40,
$42, but I bought it somewhere else because
if something went wrong, I wanted to make
sure I could return it.
So I bought the gimbal, and first of
all, it looked really nice.
Took it out of the box.
The box even had a really interesting presence.
Wherever the picture was, it was like you
(23:11):
could touch it.
You could feel the raised graphic.
It was really nice.
Took it out of the box.
It had a rechargeable light that could change
from different shades of white, from like anything
from let's say sunlight to room light or
(23:32):
high light you get from your fluorescent.
And the stand that they had was basically
okay.
It wasn't phenomenal, but here's what got me.
First of all, here's my iPhone, right?
So I got my iPhone and I have
a, I have an OtterBox case, which I
(23:52):
tend to like a lot.
Anyway, what was very interesting about this is
that first thing I did was I tried
to mount the camera into it, which was
pretty easy to do.
I did that in a couple of seconds,
but I didn't feel it held it that
well, but still it was okay.
And I was able to use it like
a selfie stick and many other things.
But unfortunately, the AI camera was not able
(24:14):
to be used.
I'm like, well, why?
I'll tell you why.
The reason it was not able to be
used is because you could only use it
if the phone was mounted a certain way,
because the AI camera was only in a
certain, let's say, part of the mounting bracket.
So the way you would mount it for
a selfie stick and some other things you
(24:35):
would do would work fine.
And even though you could have it on
this, right, it would not move using the
AI technology to follow you.
So I figured out how to do this.
And basically I set my phone in, I
took off just the top of my phone,
just the rubber part, not the two plastic
(24:56):
pieces.
And I was able to wedge it in
between what they considered their stand.
I got it in there and it was
only a one-axis gimbal.
Now just to let you know, a one
-axis gimbal will only turn in one direction.
I'm not sure if you guys know that.
So there are what they call three-axis
(25:17):
gimbals, and that's actually what I wound up
buying.
I'll get to that in a second.
So the first thing you might ask me,
John, is what is a three-axis gimbal?
Well, being a video producer and content creator
for many years, I can tell you that
I don't buy junk.
I buy the top of the line.
(25:37):
And so I knew that this device was
going back, but I wanted to give it
a shot.
So it was a one-axis gimbal, so
it would go from one to the other.
The first thing is that anytime you had
to enable it, let's say you push the
light, it would go green.
Great.
Now if you want to stop it, on
the gimbal I have now, professional, when I
just do this, I hold my hand up
with just five fingers and it stops.
(25:59):
On that one, I had to take my
hand, I had to literally push it toward
the camera a couple of times.
When you want to get it to follow
again, you just basically take your thumb and
index finger, and you have to go in
and out toward the camera a couple of
times.
On my new one, I just literally present
my hand to get it to stop once,
and to get it to start following again,
I just take my thumb and index finger,
(26:19):
just hold together for a second, and it
goes green and starts.
So that was one thing.
Of course, the camera did not fall off,
so that was pretty cool.
I was happy that the camera didn't fall
off.
But I got to tell you, this was
not going to be able to track me
very well.
All it could do is track if I
walk one place or another place.
(26:40):
But if I wanted to do cooking or
do other stuff, this thing was useless, so
I returned it.
The three-axis gimbal is a device that
not only stabilizes a camera by compensating for
unwanted movements across three axes, such as your
pitch, tilt, your roll, and they call it
your yaw, your pan, ensuring a smooth footage,
(27:01):
even with shaky hands or movement, it also
has the ability to lock them, such as
if you want to do a tilt lock,
a roll lock, or pan lock, you can
do that.
And so that's one thing.
Well, the other gimbal was like around $300,
so there is a big difference.
The other thing about it is that a
(27:22):
true good gimbal has the ability to balance
it.
There was no balancing weights on this thing
I got for like $40-something.
So this guy on social media kept bragging
about how wonderful it is, you know, if
you're a content creator.
And I said, okay, maybe he's telling the
truth, and then I was like, you're just
lying to people.
(27:42):
And so I returned it, and I bought
this brand new one that I just got
about a week ago.
Maybe someone will have to show it to
you on camera.
Actually, I can just tell you that I
have this container.
I'm actually going to take it out now.
And it comes in a nice case and
everything.
But I got to tell you that the
(28:04):
one that I have, I mean, it just
rocks the socks off this other thing I
bought for $40-something, which I just got.
I think with the shipping and the other
fees and stuff, I think it was like
$54.
I just got my refund back just the
other day.
So my question is, why are people deceiving
others?
That's my big question, right?
Why?
Is it just to make money?
(28:25):
Probably.
But my whole point about this is that
when you buy something that is professional, it's
going to work.
You do get what you pay for.
So as I said, a three-axis gimbal
has a pitch, which is a tilt.
You can go up and down movements of
the camera, and you can decide to lock
the pitch.
You can decide to lock the roll, such
(28:46):
as horizontal rotation of the camera, known as
a Dutch angle sometimes, and the yaw, which
is the pan.
So if you want to pan left and
right, moving the camera, you could do that.
So three-axis gimbals are popular among videographers
and content creators like myself and directors because
they allow for that smooth, professional-looking footage,
(29:08):
even when shooting on the go or in
dynamic situations.
But the AI camera on this thing was
to die for.
Basically, the camera on this, you would just
magnetically attach to one of the sides, and
it just worked, right?
It just worked.
Plus, it even had an app so that
when I, let's say, pressed the trigger button,
(29:30):
there was a trigger button on it, it
would start the app.
It allows you to take a picture or
record, respectively.
So again, you do get what you pay
for, and I just can't stand it when
people out there just try to deceive people.
It really drives me crazy.
And ladies and gentlemen, the AI spy satellites
(29:50):
are now monitoring the US-Mexican borders.
So the US is deploying AI-powered spy
satellites, get this, to monitor activity along the
Mexico border.
Now, these advanced satellites use artificial intelligence to
track movements, analyze patterns, and identify potential threats
(30:10):
in real time.
While this technology could, could enhance border security,
it also raises ethical concerns about surveillance, privacy,
and the potential misuse of AI.
As AI-driven monitoring systems become more widespread,
policymakers must strike a balance between security and
(30:31):
civil liberties.
The question you might be asking me is,
what are these cameras, AI, doing at the
Mexican border?
And I get the idea, all right?
The US Customs and the Border Protection, they
call it the CBP, Customs and Border Protection,
(30:52):
use AI to help screen cargo at ports
of entry, validate identities in the CBP One
app.
So that's just one thing.
But now they're being put at borders to
check.
So the AI systems process data from radar,
infrared sensors, and even video surveillance to detect
(31:12):
and track suspicious activities along the US borders.
This is in addition to what they're doing
inside the Customs and Border Patrol at CBP.
So by incorporating AI-powered vessel hull reading,
Raptor significantly boosts domain awareness, enabling intelligence-driven
operations for CBP and AMO Marine Interdiction Agents.
(31:36):
And you might be saying, John, what do
the cameras do?
So the camera, it's a device that captures
light and processes it into an image.
It does this through a lens, which focuses
the light onto a light-sensitive surface where
a picture is formed.
This can be used as a film.
It could be used as things like maybe
you want to count things that are there.
You can even count the number of garbage
(31:58):
bins if you wanted to.
And so the question is, is this AI
tech useful at the Mexican borders?
And although many of these tools are still
being field tested, there have already been success
stories that came out back in 2023.
(32:21):
An AI model identified the unusual travel pattern
of a truck making regular crossings at the
US-Mexican border.
And when police investigated, they discovered 75, they
say kilograms.
So if we said, what was it?
So 75 kilograms to pounds, you're basically looking
(32:44):
at 165.34 pounds, roughly.
And that was all narcotics that were hidden
in a vehicle.
So I think there is some potential for
its good use, but I've said this before,
AI, just like any tool, could be any
(33:06):
weapon, could be even computers, right?
It's not good.
It's not bad.
It's a tool.
All right.
And so how we choose to deploy it
makes it good or bad.
And so while we think about lots of
these things out there, like the brink, how
AI supports border security, Congress unveiled this with
(33:27):
their latest bill of spending, and it aims
to tackle border security.
The bill includes support for key government agencies,
including the Department of Defense and Department of
Homeland Security, including the US Border Patrol, in
the form of salary increases and funding for
technology.
AI will, according to them, play a key
role in helping federal agencies secure the US
(33:49):
-Mexican border.
Just recently, Congress unveiled a $1.2 trillion
spending bill focusing on the security of the
US-Mexican border.
And then just before that, a few months
back, Congress passed a $467.5 billion minibus
that included funding for the Departments of Veteran
(34:09):
Affairs, Agriculture, Transportation, Commerce, Justice, Housing and Urban
Development, as well as the Food and Drug
Administration and Military Construction.
We know that with record numbers of migrants
crossing into the United States, border security agents
get a much-needed boost in salary and
support, which makes sense, including resources to invest
in new technology to help hopefully stifle the
(34:31):
flow.
We know that this has been on the
rise, and something obviously needs to be done
about it.
So I think it's good that they're starting
to do this, but I do think we
have to be concerned about how the data
is being used.
And Clio, AI, settles a $17 million FTC,
Federal Trade Commission, lawsuit.
So Clio, AI, is a fintech startup known
(34:55):
for its AI-driven financial assistant.
And they have agreed to basically pay $17
million in settlement regarding an FTC, Federal Trade
Commission, issue that came up over allegations of
deceptive business practices.
The lawsuit accused Clio, AI, of misleading users
(35:16):
about its subscription fees and data privacy policies.
This case underscores the growing scrutiny of AI
-driven financial services and the importance of transparency
in fintech.
As AI continues to shape the financial sector,
companies must ensure ethical practices to maintain consumer
trust.
(35:37):
And I think when we think more about
this, we're going to realize that Clio and
many others are just starting to get started,
basically, is what I want to tell you.
And I tell you that because if we
don't set a precedence, okay, then more companies
(35:58):
are going to try to get away with
this, right?
And basically the fact, in regard to the
complaint, it charged saying that Clio's ads promised
consumers access to hundreds of dollars in cash
advances, but almost no one received anything close
to the advertised amounts.
(36:18):
Clio's ads promised consumers access to same-day
or instant advances.
In reality, subscribers had to pay an additional
fee for this service.
And even after paying the fee, they could
have to wait until the next day for
their money.
Clio made it very difficult for consumers to
cancel subscriptions.
Consumers said they were charged monthly fees despite
repeated requests to cancel and were told they
(36:41):
could not cancel a subscription until outstanding cash
advances were paid.
One consumer cited in a complaint that I
want to quote, there's no weather way for
me to say it.
I need my money right now to pay
my rent.
I have no other option.
I can't wait three days.
I can't wait one day.
I need it now.
(37:01):
I would never have used Clio if I
would have thought I would ever be in
this situation, close quote.
Another consumer said, quote, I just subscribed and
paid for immediate $35.
Now I go on here and it says
up to 24 hours.
I have my son today and he needs
food and I need gas to go get
it.
(37:21):
I can't wait 24 hours.
I wouldn't have bothered with this company.
So it's like, you know what this reminds
me of?
It's like, it's like the bait and switch
game, right?
The bait and switch game.
And so the bait and switch game, I'm
sure you're very familiar with the bait and
switch game where, you know, somebody like says
one thing, but then really it's not what
(37:45):
you think it is.
Okay.
It's not because they make it out to
be one thing, but then what happens is
it's not.
And so their website is not even clio
.com.
It's web.meetclio.com.
And when you go to their website, you
(38:05):
get this very flashy thing that says we
use cookies.
I'm going to say reject.
It says money stress.
Clio's got you.
And then it says your meet the world's
first AI money pro.
And basically they show you this app that
you could download.
It says, I'm Clio here to make money
easier.
Now let's sort your stuff out.
And they basically have a word and then
(38:26):
they have it kind of, it says SH
and they have like a star and a
T.
So the thing is they're pitching this product
for people that need to get up to
$250 cover.
Maybe it's $10, 20, 50, 40, 20, or
60.
Again they say it's, it is subject to
availability.
(38:47):
You could build credit and start living life,
save like it's your side hustle.
So they have things that explain how budgeting
works and it all seems very, very good.
And there's even some people on here that
have written reviews.
Like one says, best money managing app, definitely
worthwhile and helps me stay on budget.
(39:09):
I love this app.
It has helped me so much with saving
money.
I bet you, okay, that all these things,
another one, love this is such a great
app to help you start saving money.
Best money managing.
I mean, this all just seems like, like
really, I don't know, made up junk.
I'm just being honest.
(39:30):
There's nothing here that really tells me it's
authentic.
So I got a problem with this Clio
and a lot of these companies, like I
said before, they're using AI to manipulate the
consumers and businesses because they're figuring, hey, you
know, if we've got this and we're AI,
well then you got to give us a
try.
But so Clio definitely deserve to pay the
(39:55):
17 million and I hope they don't practice
this anymore.
And Trump, yes, President Trump considers the China
tariff cuts for a TikTok deal.
Former President Donald Trump, as you remember, reportedly
considered reducing tariffs on Chinese imports, right, before
(40:15):
he was president.
And the popular social media app has been
the center of US-China tensions, as we
know.
And now by being the president, he says
he's going to hopefully do this by easing
trade restrictions.
Trump aims to strike a balance between economic
relations with China and addressing national security concerns.
However, critics argue that such a move could
(40:37):
weaken the US stance on tech regulation.
So my question is, does Trump have a
buyer for TikTok?
And there is no news from him right
now.
There is no news.
And the question I was asking is, will
(40:58):
TikTok be banned on April 5th?
If TikTok is not sold to an approved
buyer by April 5th, the original law that
bans it nationwide would once again go into
effect.
However, the deadline for the executive order doesn't
appear to be set in stone.
(41:18):
And the president has reiterated it could be
extended further if it needs to be.
So the question is, is TikTok getting banned?
When will we know, this is the question,
when will we know if TikTok has a
buyer?
When will we know that?
I think that's a big concern for a
(41:41):
lot of people, is to understand that question.
And I don't think anybody really knows the
answer to that question, you know?
But if what happened the last time is
going to play out the same way, they
probably will start turning off the TikTok servers
(42:02):
on April 4th at 10 p.m. at
night.
Remember, a lot of the servers that are
running TikTok, they are not owned by TikTok.
They are owned by U.S. companies, and
they don't want to get fined any bit.
Remember, TikTok is technically an illegal application, but
President Trump has allowed it to tips
(42:43):
earned by big, very, very big.
So I
think it's important to understand that Uber and
DoorDash push no tax on tips, and Uber
(43:06):
and DoorDash are lobbying against new tax regulations.
That could apply to tips earned by gig
workers, the companies argue that drivers and delivery
workers rely on tips essential for their income,
and that taxing them would make an unfair
burden on workers already struggling with low wages.
And I think that's a very, very big
(43:30):
problem for a lot of people.
So we're going to have to just see
what happens there.
But I can tell you one thing, it's
not going to be, I'm going to say,
an easy thing.
But we'll have to see what they're doing,
and are they proposing anything?
I think that's really what it comes down
to.
This fight reflects the broader debate over the
(43:54):
gig economy, regulations and worker rights.
If the proposed tax changes move forward, they
could impact millions of gig workers across the
country.
And ladies and gentlemen, 23andMe files for bankruptcy.
Yes, genetic testing company 23andMe has filed for
bankruptcy amid declining sales and financial struggles.
(44:17):
Once a leader in the consumer DNA testing
industry, the company has faced mounting challenges, including
privacy concerns, increased competition and regulatory scrutiny.
When this company first started, I was like,
I don't know about this company.
The only company that's really on board with
them seems to be the insurance companies.
(44:38):
So I don't know, I thought this was
going to be a problem when it opened.
And with consumer interest in at home genetic
testing, waning 23andMe's downfall serves as a cautionary
tale for the biotech industry.
What does this mean for the future of
personal genomics?
Well, it could mean that it might need
(45:00):
to be rethinked.
Somebody might come out with an app, who
knows, but maybe you won't need a lab
anymore.
But one thing is certain, if somebody does
open this up, they got to make sure
that they're doing the right thing.
They've got to make sure that they are
following HIPAA.
We know HIPAA, right?
HIPAA is Health Insurance, basically Portability and Accountability
(45:22):
Act, right?
Health Insurance Portability and Accountability Act.
So I think that's going to be an
issue, not just for today, but I think
it'll be an issue overall.
That's going to be a big problem.
And Facebook whistleblower blocked from testifying.
A former Facebook employee who came forward with
allegations about the company's harmful practices has been
(45:45):
blocked from testifying in a major legal case.
The whistleblower, who previously leaked internal documents exposing
Facebook's handling of misinformation and user safety, was
expected to provide crucial testimony.
This move has sparked outrage among advocacy groups
and lawmakers who argue that big tech must
(46:06):
be held accountable.
Will this silence key voices or will it
fuel those up for more calls to take
action to change this regulation?
And I feel when they do stuff like
this, any of the big companies, I feel
(46:26):
that they're hoping that you don't get the
support.
They're hoping that they scare you.
But really, if you have more power than
you think, start telling people, start communicating, social
media, whatever you need to do.
Don't let these companies bully you because there's
no way that they should be allowing the
(46:51):
treatment that's happening to many whistleblowers to even
be occurring.
It should be illegal.
It's definitely unfair.
And I think we haven't heard the end
of that.
And Apple faces an AI and market set
of challenges.
Apple is facing mounting pressures on multiple fronts
(47:12):
from AI competition to regulatory scrutiny and market
challenges.
The company is struggling to keep up with
AI advancements made by rivals like Google and
OpenAI while also dealing with legal battles over
antitrust issues.
With smartphones sales plateauing, Apple is looking for
new ways to innovate.
(47:33):
The next few years will be crucial for
the tech giant as it navigates these challenges
and attempts to maintain its dominance in the
industry.
Wow, guys, that is an awful lot.
That's an awful lot.
I don't know why, but I got to
(47:56):
tell you that this stuff that we've heard
about tonight is only going to get worse
unless people decide that they need to take
action.
And there are a lot of ways you
could take action.
Some people have decided to boycott certain things.
Some people have written letters to Congress.
(48:18):
Some people have written letters to the executive
manager group.
And that's not always going to do anything
because you're probably saying, well, gee, what is
one customer going to do?
Well, I hear you.
But suppose one customer was able to communicate
to thousands of customers.
See, then they're going to listen.
Most companies are not going to listen to
(48:39):
just one voice.
That's probably something that I think a lot
of people don't realize that it comes down
to that.
It comes down to the fact that your
one voice can be heard.
Absolutely, it can be heard.
And when it can be heard, that's when
(49:00):
life will change, not before.
But it's a belief, right?
It's a belief.
And so maybe you're saying to me, John,
this sounds great.
This sounds like something that I probably could
do, but I don't know if I have
the effort.
So just to recap here tonight a little
(49:21):
bit, the future of tech is now.
Are you in or are you out?
Because it's moving forward with or without you.
The latest tech tremors are shaking up the
industry, as we saw on today's Jay Moore
Tech Talk show.
As I said, from the FBI, cyber probes,
and AI-generated fraud, to legal showdowns and
rising competition in the social sphere, we delivered
(49:44):
some key insights that you need to know
to stay future ready.
Oracle, as we talked about before, their cyber
attack, the lawsuits, surveillance, and whistleblowers.
Big tech is being tested like never before,
just to name a couple of big companies,
right?
We break it all down in the episode
with the jam-packed information that you're going
(50:05):
to want to know.
So if you missed any part of this
episode, you're definitely going to want to rewatch
it.
Global tech tensions with Taiwan, TikTok, and trade.
Geopolitical chess plays are reshaping our tech world
from the semiconductor industry wars to tariff talks.
And I think a lot of people don't
realize that politics are playing a major, let's
(50:30):
say, component in this.
Security, spotlight, AI, borders, and big brother, spy
satellites, breach databases, and digital surveillance.
How is this all going to play?
And when is it really going to change?
(50:50):
Do we have to wait until something big
is exploited?
Or will people wake up now?
Or are they still trying to figure out
how to get common sense?
Because we all know common sense is not
very popular in this world anymore.
And the big giant, 23andMe, filing for bankruptcy
as consumer trust arose.
(51:12):
And I think all these things are interesting,
but my big question is, how did these
companies survive so long when they were, let's
say, manipulating the public?
Google, Uber, Clio, AI, tech is starting to
(51:35):
meet the courtroom a lot harder than it
ever did before.
And these are just the beginning, ladies and
gentlemen.
This is not like the first and the
last.
There are going to be a lot more
cases.
Legal storms are brewing in Silicon Valley as
I speak.
Hearing now cases in billion-dollar settlements are
reshaping the future of digital ads, gig work,
and AI ethics.
(51:58):
That's a problem.
Do you like custom social media hooks or
headlines for Instagram, X, or LinkedIn based on
things that you see out there?
Or do you just get manipulated because you
suddenly see a celebrity and you just feel,
oh, I want to like that because I
like that celebrity?
Are you drawn to something because of an
attraction you get to the picture?
(52:20):
Or are you really using your mind to
figure out if this is something you should
support or should comment on?
And I think as we kind of start
to close out this episode tonight, I want
to explain to you the fact that AI
is a tool, just like computers, just like
a gun, just like a drill, just like
(52:43):
a hammer.
They are tools, okay?
And if we look up from my good
friends here, which you know where I'm going
to go, I'm going to go to Miriam
Webster.
Miriam Webster.
And if we look at Miriam Webster and
we ask her for tool, what's the definition
of a tool?
So a tool is a noun.
(53:03):
It's a handheld device that aids in accomplishing
a task.
The cutting or shaping part of a machine
or machine tool.
A machine for shaping metal, something such as
an instrument or apparatus used in performing an
operation or necessary in the practice of a
vocation or profession.
A means to an end.
One who is used or manipulated by another.
They're often called a tool.
(53:24):
A foolish or unlikable person called a tool
or a jerk.
We're talking more about the machine.
We're talking more about something you use to
accomplish a task.
You know, maybe you are building a model
car and you might need some tools to
(53:48):
do that.
You might need scalpel.
You might need some glue, hot glue gun.
Maybe you need some graphite.
Maybe you need a plane saw.
Maybe you need a drill, right?
These are all tools and these tools are
not good and these tools are not bad.
(54:08):
But how we use them makes us so.
Does that make sense?
I hope it does.
I think as we start to realize a
lot of times people see something and they
wonder why.
(54:29):
And I want to ask you to not
wonder why.
I want you to actually take the step.
You're curious if you don't agree with something.
I want you to take action.
I want to share your opinion with at
least two or three people you know.
You know, it's okay if people disagree with
(54:50):
you.
You have a right, I always told people,
to agree to disagree.
But you know what?
Keep telling your story to other people and
eventually those people are going to tell other
people.
And those people are probably going to want
to talk to you.
And so I will tell you right now
that when we think about any of these
(55:13):
things today, and we talked about so many
things tonight, it all comes down to how
does this affect people in the world?
Is what's being done for the greater good
of all concerned?
If it's not, even if it's profitable today,
(55:35):
I promise you it won't stay profitable.
Because things that do not allow the human
evolution to survive and to grow and thrive
are the things that are going to be
repelled.
Just because some big company with a G
or an F or an O or some
(55:56):
other big letter or they're on the stock
market says so does not mean that it
should be so.
You know, we're talking about things like, should
OpenAI become public?
Become a public company from being a private,
(56:17):
right?
Not for profit.
Everybody does things for profit, right?
But it's nice to see when people do
things for the greater good of all concerned.
And what I found out is when you
do that, those things can be even more
profitable than the things you even tried to
make profitable.
It's about doing what's right.
(56:39):
Not because you have to, but because you
want to.
Well, ladies and gentlemen, you know who I
am by now, but I want you to
really understand that I create this content daily
for some shows and weekly for this show
because I have a passion for keeping my
(57:00):
ear to the pulse of technology.
I love technology.
And for sharing the truth about technology.
And to me, truth doesn't mean telling you
what's going to make me profitable.
Truth means sharing what's actually going to empower
(57:22):
you to become a better version.
Because when I empower you, you're going to
remember me.
And you're also going to want to keep
utilizing what I do because I'm doing things
for the greater good of all concerned.
That's not something a lot of people can
say.
And I know you can go to many
social media people that create and they might
(57:42):
have even more followers than I do.
But at the end of the day, are
they authentic?
Are they doing something because of what's in
their heart?
Or are they doing something because of some
paycheck that somebody is giving them?
I think that's a big issue.
As I said, ladies and gentlemen, I am
John C.
Morley, serial entrepreneur.
(58:03):
It is always such a privilege, a pleasure,
and honor to be with you here on
the Jay Moore Tech Talk Show, where we
unravel everything about tech and give you the
true truth about it.
Check out BelieveMeAchieve.com for more of my
amazing, inspiring creations.
I'll catch you real soon, everyone.