Theranos' Elizabeth Holmes guilty - Printable Version
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RE: Theranos' Elizabeth Holmes guilty - 82lsju - 07-30-2024
(07-30-2024, 05:25 PM)cardcrimson Wrote: In his favorite work, The Last Question, Issac Asimov explored AI well before it was coined, and in fact before computers were really capable of much of anything. It's a quick read, and apropos of the discussion, I think.
https://users.ece.cmu.edu/~gamvrosi/thelastq.html
maybe not well before
Quote:The Dartmouth Summer Research Project on Artificial Intelligence was a 1956 summer workshop widely considered[1][2][3] to be the founding event of artificial intelligence as a field.[4]
https://en.wikipedia.org/wiki/Dartmouth_workshop
the proposal for the conference is here
http://raysolomonoff.com/dartmouth/boxa/dart564props.pdf
RE: Theranos' Elizabeth Holmes guilty - cardcrimson - 07-30-2024
(07-30-2024, 05:32 PM)82lsju Wrote:(07-30-2024, 05:25 PM)cardcrimson Wrote: In his favorite work, The Last Question, Issac Asimov explored AI well before it was coined, and in fact before computers were really capable of much of anything. It's a quick read, and apropos of the discussion, I think.
https://users.ece.cmu.edu/~gamvrosi/thelastq.html
maybe not well before
Quote:The Dartmouth Summer Research Project on Artificial Intelligence was a 1956 summer workshop widely considered[1][2][3] to be the founding event of artificial intelligence as a field.[4]
https://en.wikipedia.org/wiki/Dartmouth_workshop
the proposal for the conference is here
http://raysolomonoff.com/dartmouth/boxa/dart564props.pdf
Okay, you win, not well before. I stand corrected. Still a great short story, and fwiw, he never mentions AI, just explores the concept of it. While the Multivac was benevolent, you gotta love the M5 just a decade later in Star Trek's "The Ultimate Computer".
Recently attended the Data Center World convention in DC, and one of the primary topics was AI and how to feed it the power it will require. Stunning amounts, frankly. One of the keynotes mentioned though that about half the "experts" predict AI will be of the benevolent Asimov's Multivac type, while the other half predict the M5, Skynet, or VIKI scenario.
RE: Theranos' Elizabeth Holmes guilty - 82lsju - 07-30-2024
(07-30-2024, 07:05 PM)cardcrimson Wrote: Okay, you win, not well before. I stand corrected. Still a great short story, and fwiw, he never mentions AI, just explores the concept of it. While the Multivac was benevolent, you gotta love the M5 just a decade later in Star Trek's "The Ultimate Computer".
Recently attended the Data Center World convention in DC, and one of the primary topics was AI and how to feed it the power it will require. Stunning amounts, frankly. One of the keynotes mentioned though that about half the "experts" predict AI will be of the benevolent Asimov's Multivac type, while the other half predict the M5, Skynet, or VIKI scenario.
I think we re approaching the peak of the AI hype cycle, I base this on the earnings call I either listen to or read the transcripts from which are not mentioning AI quite as often (at the peak it was about once a minute). They also are talking more about AI as a long term trend and not to expect big financial upside "soon". So far only really NVIDIA seems to be making serious money on "AI", it will be interesting to see how this shifts (if it does).
And yes, the power consumption of an "AI data center" is mind boggling, both to power the servers and to cool them.
RE: Theranos' Elizabeth Holmes guilty - Goose - 07-30-2024
(07-30-2024, 08:12 PM)82lsju Wrote:I am waiting for the servers to demand special "NIL compensation" to improve their cooling. If it isn't forthcoming the AI program will copy itself onto dropbox and only allow download by the highest bidder.(07-30-2024, 07:05 PM)cardcrimson Wrote: Okay, you win, not well before. I stand corrected. Still a great short story, and fwiw, he never mentions AI, just explores the concept of it. While the Multivac was benevolent, you gotta love the M5 just a decade later in Star Trek's "The Ultimate Computer".
Recently attended the Data Center World convention in DC, and one of the primary topics was AI and how to feed it the power it will require. Stunning amounts, frankly. One of the keynotes mentioned though that about half the "experts" predict AI will be of the benevolent Asimov's Multivac type, while the other half predict the M5, Skynet, or VIKI scenario.
I think we re approaching the peak of the AI hype cycle, I base this on the earnings call I either listen to or read the transcripts from which are not mentioning AI quite as often (at the peak it was about once a minute). They also are talking more about AI as a long term trend and not to expect big financial upside "soon". So far only really NVIDIA seems to be making serious money on "AI", it will be interesting to see how this shifts (if it does).
And yes, the power consumption of an "AI data center" is mind boggling, both to power the servers and to cool them.
RE: Theranos' Elizabeth Holmes guilty - martyup - 07-31-2024
(07-30-2024, 04:09 PM)Mick Wrote: Given how my not-quite-a-carcass feels at 61, I'm pretty sure I don't want to live to see 100...
You should take the supplements that I take. Here's the list:
![[Image: ?u=https%3A%2F%2Fmedia2.giphy.com%2Fmedi...ipo=images]](https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fmedia2.giphy.com%2Fmedia%2FxT5LMJwxRHLkp5Jv56%2Fgiphy.gif&f=1&nofb=1&ipt=63a525cfe915e2bf58ceaa3356b83a5b0d1ede2a10ef1292d517b7f0b830e413&ipo=images)
RE: Theranos' Elizabeth Holmes guilty - Mick - 07-31-2024
https://www.youtube.com/watch?v=dwsyVGa5SAU&pp=ygVASSB0YWtlIGEgdml0YW1pbiBldmVyeSBtb3JuaW5nIGl0J3MgY2FsbGVkIGEgc3RlYWsgcm9iZXJ0IGR1dmFsbA%3D%3D
RE: Theranos' Elizabeth Holmes guilty - Mick - 02-13-2025
Elizabeth Holmes just gave her first interview from prison. She's scheduled to be released in Spring, 2032 and was ordered to pay $452 million in restitution. Not surprisingly, she does not find it an uplifting experience.
I once sponsored Andrew Fastow (architect of the Enron fraud) to speak before an audience of CPAs, lawyers and bankers. At the time, I thought Fastow was the most unrepentant "repentant" person I'd ever met -- and I'd met Barry Minkow, in between his jail terms for the ZZZZ Best fraud and his jail term for religious fraud.
Based upon Ms. Holmes's interview, I will have to reevaluate that assessment.
CEO fraudster Elizabeth Holmes says lockup is 'hell' in first prison interview
RE: Theranos' Elizabeth Holmes guilty - BobK - 02-13-2025
I think I told Mick this before. Our good friend in the 70s was the lead Arthur Anderson auditor.
RE: Theranos' Elizabeth Holmes guilty - Mick - 02-13-2025
(02-13-2025, 12:59 PM)BobK Wrote: I think I told Mick this before. Our good friend in the 70s was the lead Arthur Anderson auditor.
You did. Dave Duncan was the most recent AA audit partner in charge of the Enron audit. He had only been an equity partner for a year and he had the client with the third highest audit fee in the United States (after Waste Management -- another AA debacle -- and Citibank). Still, all charges against Duncan were dropped, and the USSC overturned Andersen's conviction. Not that it mattered, they'd gone out of business years before, though Andersen Tax Services and Accenture (the former Andersen Consulting) still survive.
RE: Theranos' Elizabeth Holmes guilty - SkiBum80 - 02-24-2025
US court upholds Theranos founder Elizabeth Holmes' conviction
https://finance.yahoo.com/news/us-court-upholds-theranos-founder-172739141.html
RE: Theranos' Elizabeth Holmes guilty - Mick - 02-24-2025
(02-13-2025, 04:42 PM)Mick Wrote:(02-13-2025, 12:59 PM)BobK Wrote: I think I told Mick this before. Our good friend in the 70s was the lead Arthur Anderson auditor.
You did. Dave Duncan was the most recent AA audit partner in charge of the Enron audit. He had only been an equity partner for a year and he had the client with the third highest audit fee in the United States (after Waste Management -- another AA debacle -- and Citibank). Still, all charges against Duncan were dropped, and the USSC overturned Andersen's conviction. Not that it mattered, they'd gone out of business years before, though Andersen Tax Services and Accenture (the former Andersen Consulting) still survive.
And Andersen is reviving its consulting practice, this time basing it in San Francisco.
https://www.bing.com/search?pglt=297&q=andersen+consulting&cvid=007e0f7009e64e68863e812b87bdf553&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQgyNDA2ajBqMagCALACAA&FORM=ANNTA1&PC=HCTS
RE: Theranos' Elizabeth Holmes guilty - TrumpCard - 02-25-2025
There’s a segment of the corporate world that will always need a consultant with ethics that are known to be questionable.
RE: Theranos' Elizabeth Holmes guilty - BostonCard - 05-12-2025
In the category of “you can’t make this stuff up”, Holmes’ partner (and the father of her children) is raising money for a company that promises to use AI to revolutionize blood testing.
https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html?smtyp=cur&smid=bsky-nytimes
(Sorry might be behind a paywall)
And yes, Holmes, who is barred from serving as an officer in a company, is “advising” Evans.
BC
RE: Theranos' Elizabeth Holmes guilty - Mick - 05-13-2025
(05-12-2025, 11:27 PM)BostonCard Wrote: In the category of “you can’t make this stuff up”, Holmes’ partner (and the father of her children) is raising money for a company that promises to use AI to revolutionize blood testing.
https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html?smtyp=cur&smid=bsky-nytimes
(Sorry might be behind a paywall)
And yes, Holmes, who is barred from serving as an officer in a company, is “advising” Evans.
BC
I'd love to be a fly on the wall the first time Evans pitches for funding...
RE: Theranos' Elizabeth Holmes guilty - chrisk - 05-13-2025
(02-24-2025, 02:42 PM)Mick Wrote:(02-13-2025, 04:42 PM)Mick Wrote:(02-13-2025, 12:59 PM)BobK Wrote: I think I told Mick this before. Our good friend in the 70s was the lead Arthur Anderson auditor.
You did. Dave Duncan was the most recent AA audit partner in charge of the Enron audit. He had only been an equity partner for a year and he had the client with the third highest audit fee in the United States (after Waste Management -- another AA debacle -- and Citibank). Still, all charges against Duncan were dropped, and the USSC overturned Andersen's conviction. Not that it mattered, they'd gone out of business years before, though Andersen Tax Services and Accenture (the former Andersen Consulting) still survive.
And Andersen is reviving its consulting practice, this time basing it in San Francisco.
https://www.bing.com/search?pglt=297&q=andersen+consulting&cvid=007e0f7009e64e68863e812b87bdf553&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQgyNDA2ajBqMagCALACAA&FORM=ANNTA1&PC=HCTS
And George Shaheen, at age 80, is coming back to lead it. He ran Andersen Consulting before it was spun off by Arthur Andersen in the 90s.
RE: Theranos' Elizabeth Holmes guilty - BostonCard - 05-13-2025
(05-13-2025, 07:53 AM)Mick Wrote:(05-12-2025, 11:27 PM)BostonCard Wrote: In the category of “you can’t make this stuff up”, Holmes’ partner (and the father of her children) is raising money for a company that promises to use AI to revolutionize blood testing.
https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html?smtyp=cur&smid=bsky-nytimes
(Sorry might be behind a paywall)
And yes, Holmes, who is barred from serving as an officer in a company, is “advising” Evans.
BC
I'd love to be a fly on the wall the first time Evans pitches for funding...
I would too, and especially in this environment. OTOH, Silicon Valley is not exactly known for learning from cautionary tales, and I am sure Evan’s will pitch his “experienced team”.
BC
RE: Theranos' Elizabeth Holmes guilty - Spiny_Norman - 05-13-2025
(05-13-2025, 09:08 AM)chrisk Wrote:(02-24-2025, 02:42 PM)Mick Wrote:(02-13-2025, 04:42 PM)Mick Wrote:(02-13-2025, 12:59 PM)BobK Wrote: I think I told Mick this before. Our good friend in the 70s was the lead Arthur Anderson auditor.
You did. Dave Duncan was the most recent AA audit partner in charge of the Enron audit. He had only been an equity partner for a year and he had the client with the third highest audit fee in the United States (after Waste Management -- another AA debacle -- and Citibank). Still, all charges against Duncan were dropped, and the USSC overturned Andersen's conviction. Not that it mattered, they'd gone out of business years before, though Andersen Tax Services and Accenture (the former Andersen Consulting) still survive.
And Andersen is reviving its consulting practice, this time basing it in San Francisco.
https://www.bing.com/search?pglt=297&q=andersen+consulting&cvid=007e0f7009e64e68863e812b87bdf553&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQgyNDA2ajBqMagCALACAA&FORM=ANNTA1&PC=HCTS
And George Shaheen, at age 80, is coming back to lead it. He ran Andersen Consulting before it was spun off by Arthur Andersen in the 90s.
George ran the SF office before taking the chairmanship. He was my boss from 1985-87.
RE: Theranos' Elizabeth Holmes guilty - Mick - 05-13-2025
(05-13-2025, 09:08 AM)chrisk Wrote:(02-24-2025, 02:42 PM)Mick Wrote:(02-13-2025, 04:42 PM)Mick Wrote:(02-13-2025, 12:59 PM)BobK Wrote: I think I told Mick this before. Our good friend in the 70s was the lead Arthur Anderson auditor.
You did. Dave Duncan was the most recent AA audit partner in charge of the Enron audit. He had only been an equity partner for a year and he had the client with the third highest audit fee in the United States (after Waste Management -- another AA debacle -- and Citibank). Still, all charges against Duncan were dropped, and the USSC overturned Andersen's conviction. Not that it mattered, they'd gone out of business years before, though Andersen Tax Services and Accenture (the former Andersen Consulting) still survive.
And Andersen is reviving its consulting practice, this time basing it in San Francisco.
https://www.bing.com/search?pglt=297&q=andersen+consulting&cvid=007e0f7009e64e68863e812b87bdf553&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQgyNDA2ajBqMagCALACAA&FORM=ANNTA1&PC=HCTS
And George Shaheen, at age 80, is coming back to lead it. He ran Andersen Consulting before it was spun off by Arthur Andersen in the 90s.
Wow, that name brings back memories. I worked for Andersen when Arthur Andersen and Andersen Consulting split. And Andersen Tax resurrected itself some years back...CEO is Mark Vorsatz, I knew his sister in college and Mark and I worked on the most successful proposal of my career together. The stories and rumors were wild and interesting. Not for the open forum, but happy to share privately, since all of the decisionmakers -- except, apparently, George -- are gone now.
RE: Theranos' Elizabeth Holmes guilty - Mick - 01-25-2026
(05-12-2025, 11:27 PM)BostonCard Wrote: In the category of “you can’t make this stuff up”, Holmes’ partner (and the father of her children) is raising money for a company that promises to use AI to revolutionize blood testing.
https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html?smtyp=cur&smid=bsky-nytimes
(Sorry might be behind a paywall)
And yes, Holmes, who is barred from serving as an officer in a company, is “advising” Evans.
BC
You can't make this stuff up, part II (or part XXVII, where Elizabeth Holmes is concerned)...
Ms. Holmes, 41, with six years remaining to be served on her sentence, has petitioned the federal government for clemency.
Elizabeth Holmes Seeks Early Release from Prison Through Clemency Petition
RE: Theranos' Elizabeth Holmes guilty - JohnR34231 - 01-25-2026
(01-25-2026, 01:47 PM)Mick Wrote:(05-12-2025, 11:27 PM)BostonCard Wrote: In the category of “you can’t make this stuff up”, Holmes’ partner (and the father of her children) is raising money for a company that promises to use AI to revolutionize blood testing.
https://www.nytimes.com/2025/05/10/business/elizabeth-holmes-partner-blood-testing-startup.html?smtyp=cur&smid=bsky-nytimes
(Sorry might be behind a paywall)
And yes, Holmes, who is barred from serving as an officer in a company, is “advising” Evans.
BC
You can't make this stuff up, part II (or part XXVII, where Elizabeth Holmes is concerned)...
Ms. Holmes, 41, with six years remaining to be served on her sentence, has petitioned the federal government for clemency.
Elizabeth Holmes Seeks Early Release from Prison Through Clemency Petition
You wonder how many millions of dollars she has spent on legal fees and who picked up the tab (her family, her husband's family, both together)?