Formlabs has rolled up to CES 2024 in Las Vegas with its customary bundle of announcements for its class-leading 3D printers. The company unveiled several new tools and materials at this year's show, but the most interesting has to be its Premium Teeth Resin, yet another foray into the dentistry world. It’s intended to be used to create 3D-printed dentures as well as for temporary restorations that sit on implants like All-On-X. The company says it’s already been registered with the FDA as a Class II biocompatible material, and has had its longevity validated.

This isn’t the first step the company has made into the dentistry space and already offers the tools to make dentures. It’s a natural venue for 3D-printing, and Formlabs, given the need for customization and its work in building a wide variety of materials for use. Premium Teeth Resin takes this a step further, with the company saying it can be color-matched to existing teeth so it won’t be as noticeable if you’re rocking a falsie. It's available to order now, although we'd advise against anyone attempting to do their own dentistry. 

We're reporting live from CES 2024 in Las Vegas from January 6-12. Keep up with all the latest news from the show here.

I've always been curious how easy it is to work while you're using one of those under-desk bikes and, thanks to CES 2024, now I know. My jaunt to Las Vegas has taken me to visit LifeSpan, who was showing off its recently-released Ampera standing desk bike. Unlike some desk bikes, Ampera is designed to capture your energy and use it to charge your phone via its 15W Qi charging plate. And, if you feel your legs have more power in them, you can re-juice your laptop via the 65W USB-C port. 

You don't even need to plug it in, since it operates entirely under its own power, or at least the power it has once you've given it some. The company's official estimates suggest you could get a phone up to 50 percent charge in half an hour. And, if you cycle at speeds over 60 rpm, you'll be able to produce 65 watts per hour, enough to put some decent charge in your laptop or USB battery pack. There's also a companion app which will let you track how much power you've generated, how many calories you've burned and even change the color of the embedded RGB light. 

And it's certainly comfortable enough to work from, even in the less-than-ideal conditions of a CES media event. Sitting with my laptop balanced on a tall cocktail table, I was able to maintain a fairly brisk typing speed all the while slowly adding some power to my phone. It's sturdily built and helps you feel planted while you're working out, but mercifully there's also a pair of wheels to help move it around. I could very much imagine having one of these under my standing desk to slide in and out when I don't fancy going out and cycling in the real world. 

The Ampera Office Bike is available to buy right now from Amazon, normally priced at $999, it's presently on sale for $799. 

We're reporting live from CES 2024 in Las Vegas from January 6-12. Keep up with all the latest news from the show here.

If you’ve ever wanted to turn your car into a DJ, with the sound controlled by how you drive, then you need to buy a Benz, stat. Mercedes-AMG and will.i.am have turned up at CES 2024 in Las Vegas with what they’re calling MBUX SOUND DRIVE (all caps, as if to be bellowed). Sadly, it’s hard to talk about what it is and what it does without robbing it of its mystery, so apologies in advance: It’s essentially a system that pulls data from the car’s suite of sensors, which then helps control a specially-deconstructed music file. But, as joyless as that description sounds, once you’ve experienced it, you’ll wonder why it hasn’t been done before. Not to mention that, at the risk of gushing, it really does deepen the emotional connection between driving and the music you’re listening to.

The announcement came as part of Mercedes’ CES push, which this year is focused on the power of its audio setup. Alongside the announcement of MBUX SOUND DRIVE, it’s boasting of a new partnership with Amazon Music and Audible. That’ll see Dolby Atmos versions of its exclusive audio dramas, podcasts and books come to compatible vehicles. (The highlight of the event was when legendary British audio producer Dirk Maggs took to the stage, the figure responsible for the latter radio versions of The Hitchhikers Guide to the Galaxy.)

MBUX SOUND DRIVE works by pairing musical elements in a song with ten inputs taken from the car. Start the car and all you get is the track’s bed, so to speak, looping in the background waiting for you to get moving. Push on the accelerator at low speeds and it’ll add some bass reverb to the song, while turning the steering wheel gets you extra effects or the chorus loop kicking in. It’s only when you open the car up on a clear highway and the main music and lyrics will start blasting, rewarding you for moving along. And then, when you’re coasting toward a stop light, the lead vocal and melody will peel away, returning you to the far less intrusive backing track.

If nothing else, it’s a spectacular piece of hardware and software development, given the fact even the fanciest in-car platform wasn’t designed to do this. It’s worth pointing out the extent of the achievement that’s enabled something like this to happen on an existing system. And there are plans to extend it further so, for instance, if the windshield wipers detect rain, the music will change to reflect the mood.

The demo I experienced had 16 tracks pre-loaded, including The Black Eyed Peas’ I Got A Feeling and Le French’s Night Drive. These songs have all been broken down and rebuilt to take advantage of MBUX SOUND DRIVE’s separated format. When you’re just cruising around a Las Vegas parking lot, it’s all pretty restrained, even if you do put some heavy reverb on while you’re parked. In fact, the whole experience at slow speeds could almost be described as teasing, offering you hints of the song you know and love, but never giving you the whole thing.

It’s only when you (or in this case, your qualified driver) puts their foot down and you suddenly start screaming down the road that the whole song kicks in. Even a song like I Got A Feeling, hardly the most bombastic, suddenly feels epic in this format. The closest thing I can compare it to is those moments in Grand Theft Auto when you’re opening it up on the highway and a great track kicks in. Of course, the best example of that would be cruising down the road while David Bowie’s Somebody Up There Likes Me plays. But, despite will.i.am’s promises that when the system arrives halfway through 2024 all genres will be well-represented, I’m not so sure. After all, it’s clear that tracks primarily based on discrete loops are going to be the easiest to translate and the most well-suited to the environment.

In terms of the future, will.i.am shared his hopes that tracks could be hard-coded to reflect a geography. He used the example of a car going through a tunnel, which would prompt a gas car driver to put their foot down to fill the space with engine noise. But in our electric future, where there is no engine noise, users will instead have to content themselves with the jolt from their favourite song. He added that he also dreams of building in easter eggs for songs, which would only start playing when the car reaches a specific location. On one hand, I’m curious how many musicians would take the time to remix their existing songs for the size of the addressable market. Which, in this case, is only Mercedes-Benz vehicles equipped with a second-generation MBUX system. Then again, money talks.

We're reporting live from CES 2024 in Las Vegas from January 6-12. Keep up with all the latest news from the show here.

Mojawa, maker of bone-conduction headphones, has turned up to CES 2024 in Las Vegas with its new HaptiFit Terra. Unlike many other bone-conduction bands, it comes with a built-in AI sports trainer that, the company promises, will help you meet your goals. The AI can cook up custom exercise plans and tracks your heart rate, step count, pace, calories burned and distance. If you’re a swimmer, it’ll also monitor your swimming lap and distance, offering haptic feedback to keep you aware of how you’re doing.

HaptiFit Terra boasts clear, dynamic sound with magnetically-levitated bass with an elegant design. The band also packs glowing lights that’ll glow when you’re running the darkness and warn you if your heart rate gets too high. And the haptic guidance will buzz you to let you know how you’re doing and also offer 3D pressure-sensitive controls for fine-grain control on the go. With 32GB of on-board storage and eight hours of battery life, the company hopes you’ll have little reason to bring your phone along for your workout.

The hardware is available to pre-order today and, should you order one now, you’ll get a fairly hefty early bird discount. HaptiFit Terra will set you back $200 now but, if you shilly-shally until it releases in March, you’ll have to pay an extra hundred in penance for delaying.

If there’s a downside to this, it’s that Mojawa is treading a path that plenty of companies have already wandered down with only moderate success. After all, Vi from 2017 offered AI-infused audio commentary while you ran around wearing its neckband earphones. Even earlier, SMS Audio, in partnership with Intel, boasted of dynamic fitness coaching from inside its wired earbuds. Hopefully MoJawa can make a bigger splash where those other names didn't. 

We're reporting live from CES 2024 in Las Vegas from January 6-12. Keep up with all the latest news from the show here.

It was at CES 2024, in a Las Vegas ballroom with a carpet so static I was getting an electric shock every few minutes, that I finally saw one of my longest-held dreams come true. You see, I own a Concept2 Model D rowing machine, hands down the best rowing machine on the market. But the company has always refused to build a display that doesn’t look like it comes from the early ‘80s. When the PM5 was launched, it looked dated, but in a world where Hydrow and Peloton can offer gorgeous touchscreen displays and live classes, it looked ancient. Which is why I’m so elated that I stumbled across Myrow and its 22-inch retrofit display for Concept2’s rowing machines.

The tablet attaches onto Concept2’s existing monitor stand by unscrewing a couple of bolts without damaging the existing hardware. You’ll still need the PM5, since Myrow connects to that to pull your rowing data, but it can sit flat in its storage position beside the fan. Then, you’ll be able to access on-demand rowing classes, custom workouts and, because everyone who has seen the product has asked, streaming video. This is more or less why I’ve tried any number of annoying third-party mounts to put some sort of video solution onto my rower. After all, the best motivator (for me) is to turn movie-watching time into a workout.

As well as the video classes, you’ll get better visualisation of your rowing data which is another frustrating experience with the PM5. You’ll even be able to share your data to Logbook automatically which, normally, can be frustrating experience.

Myrow is the brainchild of Gary Simpson, the founder of Transit Wireless which brings wireless signal to subway systems. He said he was opting wether to ride on his Peloton or row on his Concept2 during the period everyone was sheltering in place. And that the lack of live classes, or any added-value features, meant he defaulted to the bike far more than he liked. So, he decided to look and see if there were any available products out there and, when he didn’t find any, opted to build his own.

Myrow hopes to open pre-orders at some point in February with shipping expected to begin in April. It’ll cost $499 for the tablet and mount, with an additional $30 a month subscription to get the on-demand classes and everything else.

We're reporting live from CES 2024 in Las Vegas from January 6-12. Keep up with all the latest news from the show here.

Withings has a knack for turning up at CES with a gizmo that garners plenty of attention in the health-tech space. This year, at CES 2024, it’s showing off something called the BeamO, an all-in-one diagnostic tool that follows in the footsteps of its existing contact-free thermometer. Dubbed a “multiscope,” the $250 device will tell you how warm (or not) you’re feeling, measure your blood oxygenation, run a one-lead ECG and even act as a digital stethoscope. Put this to your chest and you can listen to the sounds your chest is making, or send the file to your physician for further analysis.

As much as Withings markets its products to the worried well, the company says this may have some real impact in the telemedicine space. After all, these sorts of basic tests are the ones you’ll experience most of the times you visit a doctor, but aren’t that easy to do online. (Especially given the dangers of self-reporting, the ability for a professional to hear what’s going on in the chest cavity seems key.) The company adds that, pending the usual long delay with the FDA, BeamO will also be able to detect atrial fibrillation.

Once it has won its numerous approvals, it’ll be interesting to see if BeamO — silly name aside — will be seen as valuable by telehealth professionals. Certainly, paired with its class-leading Health Mate app, it’ll offer users an easy way to look at all of this data. We’ll just have to see if this helps doctors feel the same way, or if they’ll roll their eyes and stick to what they know. We’ll find out more when the device begins shipping in June.

We're reporting live from CES 2024 in Las Vegas from January 6-12. Keep up with all the latest news from the show here.

It’s been a banner year for the Right to Repair movement as supportive bills are signed into law across the US and abroad. Apple shocked the world, too, as it backed California’s bill and urged for a countrywide equivalent. In the EU, regulators mandated the use of USB-C as a standard charging socket for most small devices, and are now turning their attention toward anti-repair tactics. But, while the movement’s leaders should enjoy a glass or two of the good stuff, these victories aren’t total, despite how hard-won they were. To misquote Winston Churchill, this isn’t the beginning of the end, it’s very much the end of the beginning.

In the last year we’ve seen bills enacted in New York, Colorado, Minnesota and California. New York’s was famously watered down by late-in-the-day politicking which neutered some of its key provisions. That included protections for existing devices (instead, it kicks in for hardware made after July 1, 2023), obligations to supply individual parts rather than bundles and it now omits any coverage for enterprise-grade electronics like those used in schools and hospitals. Minnesota’s survived with more teeth, albeit with generous carve-outs to manufacturers of farm equipment, games consoles and cars.

NICOLAS TUCAT via Getty Images

California’s bill which, interestingly, won Apple’s backing, kicks in next year with the company saying it’ll support its provisions countrywide. And given that support, you should expect to see this bill pushed as the model for any future federal legislation. It broadly covers consumer tech and appliances, but exempts games consoles and security equipment. Key provisions require companies to sell components under “fair and reasonable terms” to owners and third-party repair shops long after the last model leaves the factory. Devices with a wholesale price between $50 and $99.99 need to have parts, tools and repair guides available for at least three years after the last new model is made. For gear costing more than $100, the parts need to stick around for “at least seven years” regardless of individual warranty periods. Similarly, tools and documentation need to be made available on a similarly "fair and reasonable" basis. There are carve-outs, including protections on trade secrets and source code, but the bones of the bill are solid enough.

Elizabeth Chamberlain, Director of Sustainability at iFixit, told Engadget it’s “the strongest'' bill passed in the US, and one of the most comprehensive. (That’s less of a compliment given the paucity of alternative legislation also enacted.) The requirements for parts to remain available for so long after purchase ensures “people have the repair materials they need when they need them.” Not to mention enabling independent repair stores to get “original parts for a huge range of things without having to sign up for invasive and limiting manufacturer programs.” Nathan Proctor of the Public Interest Research Group, before the bill passed, said it would also end the onerous conditions Apple used in its Independent Repair Program. An Engadget investigation showed that while Apple’s IRP looked like a good idea on the surface, it was full of hidden charges and restrictive clauses. And as much as the iPhone 14 won plaudits for being far more repairable than its predecessors, it also used parts pairing — is a process of locking a part to a specific device, preventing users from swapping it out without the manufacturer’s approval. Sadly, California’s bill also does nothing to prevent parts pairing, which may explain why it won Apple’s backing in the first place.

In the last few years, the European Union has assumed the mantle as the major regulator of big tech, albeit with many critics. The bloc has now mandated a common charger, USB-C, for all mobile devices sold by the end of 2024, and all laptops by spring 2026. In November, regulators began looking at ways to encourage repairs and refurbishment over replacement for new gear. That includes people’s right to access spare parts, documentation and tools at a “reasonable cost” – even when the device is outside its warranty period. More importantly, the draft seeks to prevent manufacturers using “contractual, hardware or software technique” to block repairs which would seem to indicate parts pairing.

Anyone feeling triumphant about these wins should bear in mind the broad latitude these terms offer tech companies. Last year, Apple enabled end users to repair their own devices, but not in a way that made it easy, affordable or worthwhile. As The New York Times found out, replacing a component required flight cases full of factory-grade hardware and a hefty deposit. It’s a lot better now, but you’ll still need to pay to loan the high-end gear and shoulder the risk if any of it goes missing.

Similarly, these bills do nothing to prevent the company’s replacement-as-default strategy when you visit a store. After a bike accident this summer, the front and back glass of my iPhone 11 Pro Max was smashed, but it was otherwise functional. Sadly, my local Genius Bar told me the only thing I could do was… buy a replacement at full cost. That’s before we mention the iPhone 15 which, despite Apple’s pledges to be more repair-friendly, is still loaded with parts pairing. It means that, despite all of the sweet words about sustainability in the last few years, you can still only fix a part with Apple’s direct and explicit blessing. As Elizabeth Chamberlain said, “upselling is such a ubiquitous problem and really hard to stop,” but noted that the EU may have a fix for it. Its draft rules would “require manufacturers to offer repair first, before replacement, as long as it’s cheaper” (for the consumer).

Upton Sinclair once wrote that a person won’t grasp something if their salary relies upon them not understanding it. The tech industry’s organizing principle, after all, is to sell you a new piece of gear every few years to keep its profits high. Stretching out the life of a device is bad for their bottom line (at least in the short term) which explains much of their resistance. It’s why, as much as we can hope for better terms and more repairable devices, we must also be vigilant and not rest upon our laurels. The risk is that people get the right to repair their devices, but no way to actually exercise it.

A “Compliance Car” is a vehicle designed not to be sold in large quantities but to satisfy rules around range-wide consumption. For instance, makers of enormous, gas-belching trucks may have to offer a thrifty, gas-sipping ride to balance out the emissions numbers. One infamous example is Aston Martin’s Cygnet, a rebadged Toyota iQ with a luxury interior that sold for three times the iQ’s price. Now, imagine a company chose to make one of those vehicles intentionally. That’s the best way to describe Lexus’ new LBX, a small but luxurious, Europe-exclusive city car that you’ll love sitting in while waiting in traffic.

The LBX is a subcompact car based on the same underlying platform (GA-B) as Toyota’s Yaris Cross, its tiny crossover SUV. The Yaris Cross is a city runaround pretending to be an SUV, complete with flared wheel arches, high ride height and optional All Wheel Drive. Lexus is keen to point out that this isn’t a rebadge, and that the luxury automaker has refined every facet of its design. The wheelbase is longer and wider, the powertrain smaller and faster, with luxury kit everywhere you look. You can call this many things, but it’s not a lazy cash-grab, especially given how much of the early chatter around this car talked about it diluting Lexus’ brand.

Photo by Daniel Cooper / Engadget

Inside, you’ll find a 1.5 liter, three-cylinder VVT-iE engine with a bi-polar Nickel Metal Hydride (NiMH) battery. That composition offers higher power density and faster response with a smaller footprint than Toyota’s own-brand hybrids, with a lighter weight which is key in such a small car. The combined total output is a restrained 136 DIN hp, which is fitting for a car designed to sit in traffic. But Lexus piqued my interest in this car by claiming that its new hybrid system offered “powerful acceleration like that of a battery electric vehicle.” Given the stately manner in which most small hybrids move, I was curious to put that claim to the test.

If you’re only accelerating to get off the line when the lights change, then you’ll find plenty to like here. It’s too much of a stretch to compare it to an EV but if you’re looking for a performant city car, it’s no slouch. It thrives in the cities, where its small-ish size, speed and driveability let you dart around corners and dive into tight spaces. But this power doesn’t run too far beyond the lights, and putting your foot down on the highway exposes this engine. No amount of sound dampening tech — and there’s a lot of it in this car — can mask the LBX’s anguished screams when you try to accelerate or put the power down going up hills.

Photo by Daniel Cooper / Engadget

Up front, it’s roomy with a comfortable driving position, while the rear bench seat is higher to offer the passengers a better view. I’m 5’ 11” and had enough headroom, but I doubt anyone taller than me would fancy riding in here for long. There’s not a huge amount of rear legroom either, so you wouldn’t want to do a long trip in one of these.

The Lexus LBX is a lot of car, too much for the role in your life that it’s intended to play, with a lot of frou-frou. Given this is a car designed for short journeys, I’m not sure it needs to have as much technology on board as it actually does. The model I tested had a digital instrument binnacle, a big central console and a heads-up display. Plus, flappy paddles so you can control your braking level and three USB-C ports in the central console. Oh, and a suite of safety tools that were so sensitive it’d erupt in a chorus of pings and bongs if I so much as glanced at the accelerator before the way in front of me was clear.

Photo by Daniel Cooper / Engadget

Lexus says the LBX is targeted at “younger, city-smart Europeans” rather than the company’s traditional, older base. The marketing is full of youths in red vinyl overcoats and Vitaly jewelry but I’m not sure that’s the demographic who’ll be interested. I’m not sure too many young, city smart Europeans could afford a car like this, or even know how to drive in the first place. Some of the recent stats have been skewed by COVID but the general trend of young people learning to drive has pointed down for a while. The company’s representatives did mention they thought another potential demographic would be empty nesters looking to downsize.

And then there’s the price, with the base model costing £29,995 (around $37,700) on the road in the UK while the fully-specced model is £40,545 (around $50,870). Nobody needs to be told if that’s a lot or not, especially given the various ways people buy new cars these days. But Lexus, knowing that it’s not going to undercut similarly high-spec city cars in the space, say that while the up-front price is higher, it’ll save drivers plenty with its fuel economy. I’m not sure how many people buy a luxury car because they’re keeping their eye on the dollars and cents.

Photo by Daniel Cooper / Engadget

Fundamentally, as much as I like the LBX, I’m unable to square its inherent contradictions as they pile up on top of one another. There are very few faults that I can pick at which are tied to just this vehicle, rather than the quirks inherent in the company’s range. But I just can’t see a world in which people would line up to buy a car that’s this over-equipped and over-specced given the environment in which it thrives.

As a precocious teen looking to improve my college application, I sat in on a business studies class. I figured taking two extra A-Levels at night school alongside those I took during the day would make me irresistible to admissions tutors. The class I watched examined if it was worth a large factory keeping its own trucks and drivers in-house rather than outsourcing them. The data showed selling the trucks and firing the workers was more expensive in the long run, and yoked the company to the whims of any third-party logistics company in the local area. Not to mention, if you don’t own a mission-critical component of your business, you’re a lot less powerful when negotiating with your suppliers. But the teacher, and the class, all agreed it was smart to sell it all because it made a bigger profit in the quarter and was cheaper for the next two years. These people had never considered if something bad would happen, and how to prepare for it. It was at this point I realized my values were out of step with the commercial orthodoxy and opted not to take the course.

I mention this because I’ve always thought the people in the tech industry with all the money are probably halfway savvy about how All Of This Is Meant To Work. I’d told myself that what, to me, appeared illogical and self-defeating was because they were playing a game of six-dimensional chess on a board I was too dim to see. Unless, of course, the economics of our industry are so unmoored from reality that everyone’s just pretending, or deluding themselves. And more than a decade of cheap money and lax regulation means everyone’s behaved a little bit sillier than they should have. Now the lights are coming up and everyone’s looking to see what’s actually going on, there’s nowhere for these apparently smart people to hide.

It’s stopped making sense for investors

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The Silicon Valley mindset is easy to grasp: If you’re lucky enough to have spare cash, put a small bit of it behind some kids with a big idea. All it takes is for one of those bets – emphasis on the word bet – to win and you’ll get a slice of some pretty big profits. In an era where zero interest-rate policies mean it’s almost free to rack up extraordinary debt, it’s a better route than heading to Las Vegas with your 401k. Not to mention the special cachet and attention you can garner by presenting yourself to the world as a “guru.” But you might have noticed that a lot of high-profile bets haven’t been coming off of late, wasting a lot of cash in the process.

Take WeWork, which this year filed for Chapter 11 after working its way through $16.9 billion since 2014. What logic can we apply to its main backer, Softbank CEO Masayoshi Son*, to justify him burning the GDP of Jamaica on such a venture? Especially when Regus, which performs the same decidedly un-techy role of renting temporary office space, owns its properties and makes a small but regular profit every non-COVID year, was available to buy outright for a fraction of the cost? How did this amount of money pass from one company to another without any sort of internal or external oversight? And why did he think that WeWork’s nicer interior design and a beer tap on every floor was such a big draw? The only theory that holds water is that Son was so blindsided by promises of vast future profits (from office rental) that he lost any sense of self-restraint.

That mix of cheap credit and the promise of unbelievable future returns can be applied across the tech industry, too. It might help explain why the cost of streaming has leapt so high while the catalogs available have shrunk. The studios weren’t hurting for profit in the days before Netflix, but the fact it was valued like a tech company enabled it to rack up huge debts. That led plenty of studios to leap onto the bandwagon in the hope of getting some of that mythical profit. In the early days, the hope was that the sheer number of people paying for content would balance out the low cost. But now growth has stalled and there’s still $14.30 billion of debt, plus an audience with an ever-increasing desire for new content.

It’s stopped making sense for consumers

Mario Tama via Getty Images

The debt swinging around Netflix’s neck, and the necks of those who followed it into the streaming world save for Amazon, Apple and Warner Bros***, is directly related to this gold rush. And it’ll need to be paid off to the investors and banks who handed over billions of dollars in expectation of vast rewards further down the line. Which is why the cost of a standard Netflix subscription has pretty much doubled since 2011 – with Premium plans now costing $23 a month. Given the scattershot nature of streaming libraries and the fact Netflix can’t be your sole source of entertainment, most consumers have more than one subscription going at the same time. That’s been fine, more or less, while times are good, so what happens when the world’s economies all start to slow down and you’re looking to make room in your monthly budget?

It’s worth remembering new technologies are expensive, both in cost and how much time and effort you spend to get to grips with them. But while technology has had some world-changing hits in the past – personal computing, the internet, smartphones and, uh, social media – it’s been a while since we’ve had anything that big. But the industry can’t help but keep hyping the next big thing even if it’s obvious to anyone with eyes that it’s not going to be a winner. We’re at the peak of the hype cycle for machine learning, which its boosters tell us will automate us all into obsolescence in a decade or so**. The problem is, whenever you actually sit and try to use a generative AI, the results are underwhelming, so great is the gap between the promise and the reality. Take Google’s new AI which managed to give fake answers to spreadsheet-level questions like who won an Academy Award last year. You can already see the itchy feet of those hoping the Humane Pin will be the Next Big Thing despite its risible introduction video.

Consumers lose out here not just because of these expensive boondoggles but because they suck up all the oxygen from everything else. Many of these technologies were designed not to solve real-world problems, of which we have plenty, but to dazzle investors, placate Wall Street and dupe credulous buyers. It doesn’t help that generative AI, like crypto before it, uses a significant amount more energy than it should, exacerbating climate change. Sadly, when all the attention and money shifts to the next thing, we’ll all be poorer for it, both for the folks who were duped into reading machine-written articles about the importance of volleyball, and the folks who got laid off because some genius thought GPT-3 would do a better job without oversight.

It’s stopped making sense for workers

Embracer Group is a Swedish game publisher that loaded up on debt to buy every small studio and IP it could get its hands on. In 2018, CEO Lars Wingefors told GamesIndustry his company would eschew a “fewer, bigger, better” strategy in favor of a “diversified” lineup. In 2021, it said it had access to more than $2 billion in cash and credit to continue its spending spree, bankrolling a slew of newer, smaller titles. That included reviving TimeSplitters developer Free Radical to start work on a new game in the long-dormant cult series.Two years after that, the company admitted that a deal worth $2 billion in revenue over six years had fallen apart and that it would have to cut costs. Free Radical has now been closed, putting the last two years’ worth of work on the shelf and close to 1,000 people across Embracer have lost their jobs.

Across the industry, countless jobs have been lost as even profitable companies look to trim their headcount. Spotify CEO Daniel Ek even said the quiet part out loud when admitting the company “took advantage of the opportunity presented by lower-cost capital” to staff up. Now that the economic situation has shifted, and money isn’t as cheap as it used to be, the company is letting 1,500 people go less than a month before the holidays. Big names who have also trod the same path this year include (deep breath) Amazon (multiple times), ByteDance, LinkedIn (twice), Epic Games, Lyft, Metabook, Dell, Google and Microsoft.

Reality’s going to hit us in the face like a shovel

krisanapong detraphiphat via Getty Images

When I was a kid, a relative worked for a company that made and sold slot machines for adult gambling. I must have been 10 when he came over and set up a game where he gave me a pound in 2p pieces, which I could wager on the outcome of a deck of cards. He’d rigged the game so that, despite all of the pledges to double my cash as my funds shrunk, I’d wipe out. It was a valuable lesson in why it’s not a smart idea to gamble your money, given by someone who saw it up close and personal every day.

The other lesson he taught me was the vow of gratitude he would utter often, which was doubly amusing given his atheism. Whenever there was a bad story in the news, or a tale of corporate woe closer to home, he’d say “there but for the grace of God go I.” Because he knew that so much of what happens in our lives is governed by chance, so it’s pointless to claim it was wisdom. We should always remember that none of us are untouchable, and that the worst phrase in the English language is “what could possibly go wrong?” It’s just a shame that so many of the supposed great minds in the technology industry didn’t get the chance to learn this lesson when they were young enough to appreciate it.

* Wikipedia – hardly a symbol of partisanship – has gone studs-in on Son. At the time of writing, his biography says “his reputation as an investor rests almost solely on his $20 million initial investment in Alibaba Group in 2000.” Given the rest of his track record – and the fact he is presently in debt to his own company to the tune of several billion, ouch.

** I do wonder how many of its backers who spend their days worrying about Roko’s Basilisk have thought about how they’ll be treated by the 85 million or so people suddenly forced into serfdom.

*** Warner Bros. malaise is more directly related to the debt tied to the various buyouts and sales that has seen it shifted from one corporate parent to another. Not that the streaming wars has helped here, but it's fair to say that its problems are a different realm to those of its peers.

The UN has set out a pathway to avoiding the very worst effects of climate change. Earlier this week, delegates from around the world ratified a document setting out what we need to do, and when. Even better, the text finally ended the decades-long omerta of never talking about the impact fossil fuels have had on our environment. It’s a landmark moment in history and one that means we can have hope for the future of humanity. Unless, that is, you spend any time examining the substance of the deal to see if the expectations meet the reality. Because then you’ll see that while it’s not all doom and gloom, it’s certainly not the bold action we really need.

Context

All of this took place at the Conference of the Parties (COP) an annual, UN-backed conference to build international consensus on climate change. Delegates from all UN member states, as well as bodies like the EU, all meet at a host city for two weeks to speedrun something that looks a lot like a treaty. The 28th such event was hosted in Dubai, which attracted plenty of criticism given the emirate’s fossil fuel wealth. Its president was Sultan Al Jaber, UAE minister of industry and, uh, the head of the Abu Dhabi National Oil company.

The perception that the event would be a fossil fuel industry stitch-up wasn’t helped when BBC News reported the UAE secretly planned to use the event to strike new oil and gas deals. Or that Al Jaber was quoted by The Guardian saying there was “no science” supporting the idea that a phase out of fossil fuels was necessary to prevent further warming. He later said his comment had been taken out of context and that he supported work to reduce fossil fuel use.

For all the light and heat around COP, it’s not as powerful as you might hope or think, since there is no real enforcement mechanism. The parties (should) negotiate in good faith but if nations don’t actually follow through on their promises, there’s no mechanism to address it. Diplomacy is a delicate art, especially with so many moving pieces, so maybe we should all learn to appreciate the subtleties. That’s the positive case.

The negative one being that COP28 has been more theater than politics. Anne Rasmussen, representing the Alliance of Small Island States, pointed out her group wasn’t even in the room when the declaration was ratified. Ironic, given that the event was dubbed as “the most inclusive COP to-date, ensuring all voices could participate in the process.” During the plenary, Rasmussen said the text, approved in her absence, doesn’t go far enough in several ways and carries a “litany of loopholes” for wealthy nations to delay, or avoid their responsibilities.

TL;DR

The text opens with a long introductory section admitting that humanity as a whole hasn’t been doing a good enough job. It admits humans are responsible for raising the Earth’s temperature by at least 1.1 degrees celsius, and we’re on the hook to fix it. And the 1.5 degrees celsius limit agreed in Paris in 2015 isn’t going to happen unless we really start putting the work in right now. It adds that while the technology is there, we haven’t made enough use of it, and that plenty of small island nations and countries in the developing world will bear the brunt of our inaction.

1: The Task at Hand

Because we’ve dragged our feet for so long, the extent of action needed to limit warming to 1.5 degrees celsius will be stark. (And 1.5 degrees isn’t maintaining the status quo but the limit that keeps the slew of natural disasters it precipitates from becoming biblical.) Humanity needs to reduce global greenhouse gas emissions by 42 percent by 2030, and 60 percent by 2035. To get a sense of that task, we emitted around 60 gigatonnes of CO2 in 2019, and now we’ve got a decade to cut it by more than a half. Should we reach that ambitious target, we then need to repeat the same feat even faster to ensure we reach net zero emissions by 2050. Even though most climate scientists I’ve spoken to feel that the 2050 deadline is far too late.

2: The Loopholes

Rasmussen already highlighted that the goals laid out in the text are hazy, more guidelines than real processes. They’re written with the caveat that nations should contribute to the overall goal in a “nationally determined manner.” On one hand, that respects “their different national circumstances, pathways and approaches.” On the other, it allows some nations to pass off insufficient work as them doing their part without consequence.

3: Tripling global renewable energy capacity by 2030

One of the biggest pledges in the document is to triple renewable energy generation capacity by 2030. Data from the International Renewable Energy Agency says that in 2022 that figure stood at 3,371,793 MW. So, we’ve got six years or so to manufacture and build 6,743,586 MW of renewable energy, from wind turbines, solar panels, nuclear and the rest. Simple, right?

Not so much. Not to denigrate the work that’s already been going on, but we’re nowhere near that level. Between 2021 and 2022, the world got a little under 300,000 MW of new renewable generation up and running. To lay even one finger on the target COP28 has set down, the world needs to be averaging closer to 1.2 million MW every single year.

But, and here’s the thing – these figures don’t actually feature in the ratified version of the text at all. I’ve done the math from the 2022 figures because that seems relevant but the text itself has no baseline, or any frame of reference at all. It’s conceivable a bad actor could say they’ve tripled domestic renewables work from an earlier date, or start their count from zero.

4: Transitioning away from fossil fuels in energy systems

You’ll have seen plenty of the headlines out of COP28 commenting this is the first declaration to explicitly mention fossil fuels in its text. It’s wild to think we’ve had nearly three decades of these summits and everyone has chosen to just look the other way until now. You can see how tightly these points have been massaged and lawyered to make sure while the elephant in the room has been pointed out, it’s still very welcome to stay. It can continue to knock over the furniture and drop big piles of dung, too, so long as certain folks keep making money.

One clause pledges to speed up efforts to “phase down unabated coal power,” which means plants that gesture toward carbon capture aren’t targeted. The fact that the deal doesn’t call for a near-instantaneous blanket ban on coal burning boggles the mind given the science at hand. After all, coal isn’t just the worst fossil fuel, it’s the most environmentally harmful: if you burn one ton of coal, you’ll actually create more than twice that amount of CO2. Earlier this year, the International Energy Agency said that global CO2 emissions from coal power increased by two percent, reaching “a new high in 2022.”

Another clause pledges an acceleration toward “net zero emission energy systems” that use “zero and low carbon fuels” before 2050. And then there's the big one — a clause talking about a transition away from “fossil fuels in energy systems” in a “just, orderly and equitable manner.” I’m enough of a cynic to think those phrases can be bent miles out of shape, and the fact there’s no benchmarks or enforcement mechanisms means that, for now, it’s all just cheap, sweet words.

Then we’ve got a push for other low-emission technologies which, alongside renewables and nuclear, include “abatement and removal” like carbon capture and low-carbon hydrogen. It’s fair to say that those last two should be treated like the mythical unicorns they really are. After all, abundant, low-carbon hydrogen created with renewable energy is a technological cul-de-sac. And while it’s fair to say (mechanical) carbon capture is still relatively new, data from the Institute for Energy Economics and Financial Analysis suggests it’s a non-starter.

It’s hard not to be cynical watching entities with a vested interest in the status quo gesture toward these projects when they're likely to use them as license to stick with business as usual. If there’s one good point in this part, it’s that there’s a pledge to “substantially” reduce the volume of non carbon dioxide emissions. It specifically namechecks methane, a greenhouse gas that is significantly more damaging than CO2 in the short term. There’s also a reference to cutting emissions in road transport by pushing infrastructure for low and zero-emission vehicles.

As notable as the mention of fossil fuels was, the declaration also “recognizes that transition fuels can play a role in facilitating the energy transition while ensuring energy security.” To you and me, that means countries can continue to exploit and burn fossil fuels like natural gas. Now, gas is better than coal for greenhouse gas emissions, but it’s a bit like saying you’ll only burn down the ground floor of your home rather than the whole thing. Not to mention that natural gas is predominantly made up of methane, that thing we’re also meant to be reducing.

5: The rest

Much of the work at COP28 was focused on broader issues, including making sure the financial gravity of the situation was addressed. There was a lot of negotiation around various monetary tools and funds that could be used to incentivize responsible emissions reduction. There were also pledges made for international co-operation, knowledge sharing and protecting economic growth. One clause that did leap out was a pledge to phase out “inefficient” fossil fuel subsidies that “do not address energy poverty or just transitions,” which is similarly weak in its definition. And while there are gestures toward halting deforestation and restoring the natural environment, there’s little substance. One section invites — invites! — parties to “preserve and restore oceans and coastal ecosystems.”

Reactions

Dr Phil Williamson, Honorary Associate Professor in Environmental Science at the University at East Anglia said that COP28’s declaration “represents modest political process, recognising what has been scientifically obvious for at least 30 years.” And it’s this point that probably needs highlighting given how many Very Serious People will likely hail COP28 as a landmark. Yes, it’s a massive achievement to finally mention that fossil fuels are the reason we’re in this mess. But the fact it’s taken so long for us to even be confident enough talking about the problem means we now have almost no time to do the work to get us out of it.