HackerNews Summary (2023-05-08 09AM)

Source: Intel Announces Layoffs After Paying $1.5 Billion In Q1 Dividends

Summary
As part of its cost-cutting efforts, Intel has confirmed in a statement the implementation of “function-specific workforce reductions”. The planned layoffs follow a 36% YoY revenue drop and a loss per share of four cents in Q1 2023, as well as senior executives and employees missing bonuses and taking salary cuts. The firm is also aiming to build more plants in the US, while rumors had suggested Intel was reducing budgets by around 10% for its data center and client computing business divisions, with layoffs as much as 20%.

Fact

💼 Intel announced pay reductions earlier in 2023, causing senior executives and employees to miss bonuses and take salary reductions in its bid to reduce costs

📉 Intel’s Q1 2023 earnings report showed a revenue drop of 36% YoY and loss per share of 4 cents

💔 The firm’s pay cuts hit its CEO the hardest, with Mr. Patrick Gelsinger seeing the largest percentage cut, followed by grades 7 to 11 who saw a 5% pay cut extended to 10% and 15% for vice presidents and senior executives

✂️ Function-specific workforce reductions are being implemented, which come in the backdrop of rumors of budget cuts of around 10% for its data center and client computing business divisions

🏢 Intel is hoping to retake the chipmaking crown from Taiwanese TSMC and plans to build more plants in America, despite having been hit hard by its troubles in the chip industry

---

Source: ‘Godfather of AI’ says its threat is ‘more urgent’ to humanity than climate change

Summary
Dr. Geoffrey Hinton, a prominent AI pioneer known as the “Godfather of AI,” warned that AI is a “more urgent” risk to humanity than climate change. Elon Musk and Microsoft’s top economist are among the experts raising the alarm about threats that may arise from the unrestrained development of AI. The dangers include fueling the spread of misinformation and providing a new tool for bad actors.

Fact

🤖 AI is a more urgent risk to humanity than climate change because it’s not clear what actions can be taken to address the dangers. (Dr. Geoffrey Hinton)

👥 Critics argue that unregulated AI could cause major losses in the job market, fuel the spread of misinformation, and provide bad actors with a new tool to wreak havoc in society.

🧾 Dr. Geoffrey Hinton now partly regrets his lifetime’s work due to the potential risks and fears that advanced AI will eventually grow out of the control of humans. (Dr. Geoffrey Hinton)

---

Source: cron(8) now supports random ranges with steps

Summary
Cron(8) now supports random values in a range with a step value, enabling users to run a command every 10 minutes, starting at a random offset, to avoid thundering herd problems.

Fact

💻 Cron(8) update supports random range syntax to avoid thundering herd problems

---

Source: Concrete Goes Carbon-Negative

Summary
IEEE websites use cookies to enhance user experience. By using the websites, users agree to the placement of cookies.

Fact

🍪 IEEE websites use cookies to improve user experience.

👥 By using the websites, users agree to the placement of cookies.

🔒 For more information on privacy, read IEEE’s Privacy Policy.

---

Source: Suggestivity and Idioms in APL

Summary
Suggestivity and idioms are two principles that work together in APL programming. Suggestivity encourages variations to a given expression, while idioms provide concision and structural transparency, making solutions easier to manipulate. This can be seen in an example of finding the starting points of groups in a Boolean vector.

Fact
💭 The principle of suggestivity suggests new ideas and themes to a reader by encouraging variations to a given expression, while idioms, which are structurally transparent and concise, provide the ease of working with a structure, making solutions easier to manipulate.

---