💰 Bill Gates sets 20-year deadline to spend $200B

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☀️ On this day: On May 9, 1946, 'Hour Glass' premiered on WNBT-TV in New York City. It is considered the first network television entertainment show in the United States, marking a significant milestone in the history of television broadcasting.

What’s happening:

• 💰 Bill Gates sets 20-year deadline to spend fortune

• 🤖 AI CEOs urge Congress to ease regulations

• 🛡️ Chrome adds AI power to fight tech scams

• 👁️ Meta tests ‘super-sensing’ smart glasses with AI

• 📱 iPhone may vanish within a decade, says Apple exec

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Hand-picked news:

💰 Bill Gates sets 20-year deadline to spend fortune ↗️LINK

• What: Bill Gates has announced the Gates Foundation will spend its entire endowment and shut down by 2045. Gates pledged to donate 99% of his $107B fortune, expecting the foundation to spend over $200B in the next two decades.

• Why: Marking its 25th anniversary, Gates cited personal and professional milestones as motivation to accelerate giving while he is still actively involved. This move shifts the foundation’s original plan to close 20 years after his death.

• Impact: The foundation, a major global funder of health and development, will intensify its efforts, spending around $9B annually. It becomes one of the largest philanthropic wind-downs in U.S. history, amid shrinking U.S. foreign aid.

🤖 AI CEOs urge Congress to ease regulations ↗️LINK

• What: Leaders from OpenAI, Microsoft, AMD, and CoreWeave testified before the Senate Commerce Committee, pushing for reduced regulations and greater government support to preserve U.S. dominance in AI.

• Why: They argued that strict export controls and slow infrastructure growth could hand China a competitive edge. Concerns included AI chip restrictions, underfunded R&D, and outdated electric grids.

• Impact: The testimony underscores growing industry pressure to shape U.S. AI policy. Balancing innovation, national security, and global leadership will be crucial as lawmakers weigh regulation against technological and geopolitical stakes.

🛡️ Chrome adds AI power to fight tech scams ↗️LINK

• What: Google is enhancing Chrome’s desktop security with Gemini Nano, an on-device AI model designed to detect and block tech support scams—including ones it hasn’t seen before. Android users will soon get improved scam protection via smarter notification filtering.

• Why: Scammers constantly evolve tactics, making static protections less effective. Gemini Nano helps Chrome adapt by analyzing complex websites and scam behaviors in real time.

• Impact: This upgrade boosts Chrome’s ability to prevent scam-related harm, with Google already blocking hundreds of millions of threats. It marks a shift toward AI-driven, proactive online safety.

👁️ Meta tests ‘super-sensing’ smart glasses with AI ↗️LINK

• What: Meta is developing AI-powered smart glasses—codenamed Aperol and Bellini—with “super-sensing” features like facial recognition and real-time reminders using persistent cameras and sensors. The AI activates via the command “Hey Meta, start live AI.”

• Why: The goal is to create a wearable assistant that anticipates user needs, such as reminding you of tasks or recognizing people around you. Meta has revamped internal safety assessments to speed up development.

• Impact: While the tech could boost convenience, it raises privacy concerns due to constant surveillance. Battery life remains a challenge, but Meta aims to extend it in future models and even camera-equipped earphones.

📱 iPhone may vanish within a decade, says Apple exec ↗️LINK

• What: Apple’s services chief Eddy Cue revealed in court testimony that “you may not need an iPhone 10 years from now,” signaling a shift in the company’s long-term strategy. The comment aligns with CEO Tim Cook’s long-standing vision of replacing smartphones with lightweight AR glasses.

• Why: As AI grows more central to daily life, Apple is exploring devices like smart glasses and integrating AI tools into Safari. The company anticipates its iPhone dominance—currently half its revenue—won’t last forever.

• Impact: Apple is preparing for a future beyond smartphones, though competitors like OpenAI and Jony Ive may beat it to the next big thing. The iPhone's eventual decline marks a major shift in consumer tech.

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Is AI a serious threat to Google’s search dominance?

• A) Yes – AI could fundamentally change how we search - 74% 🏆

• B) No – Google will adapt and stay ahead - 26%

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