lmao. as if the ai was gonna have a better carbon footprint than the small plastic thing you replace every 5-10 years
Is This the End of Plastic? Visa's New Technology Could Replace Physical Cards
Submitted 5 months ago by return2ozma@lemmy.world to technology@lemmy.world
Comments
yukijoou@lemmy.blahaj.zone 5 months ago
CheapFrottage@lemmynsfw.com 5 months ago
The post below this one in my feed is “Microsoft’s carbon emissions up by 30% due to ai”
slaacaa@lemmy.world 5 months ago
Is there an AI technology that would help me not roll my eyes every time I hear AI? Can’t wait to add this to the garbage pile of popped bubbles next to NFT, blockchain and metaverse.
And I’m saying that as somebody who uses LLMs for work regularly, it is a useful tool, but the absolute delusional bullshit hype that imagines uses beyond its capabilities is exhausting.
FiskFisk33@startrek.website 5 months ago
LLM is amazing tech, but holy fuck I can’t wait to get out of this bubble. Some of these applications sound like when they put radium in butter in the 50’s, because atomic energy was so hype.
____@infosec.pub 5 months ago
Eh, somehow I missed that. Off to DDG for me, because I’m genuinely curious.
metaStatic@kbin.social 5 months ago
“[Biometric confirmation is] a lot harder to compromise,”
And a lot easier to obtain by force
Imgonnatrythis@sh.itjust.works 5 months ago
And a lot harder to alter when compromised.
AbidanYre@lemmy.world 5 months ago
Not hard enough.
NeoNachtwaechter@lemmy.world 5 months ago
Stolen? LOL fingerprints cannot be stolen.
They are not protected, they are not copyrighted, they don’t go away from you when someone copies them …
You leave them everywhere, every day.
Fingerprints are public knowlege.
Slotos@feddit.nl 5 months ago
Identification != Authentication
As obvious as this sounds, I’ve learned over the years that most people don’t understand what it means exactly.
metaStatic@kbin.social 5 months ago
"Biometric confirmation" is both
muntedcrocodile@lemm.ee 5 months ago
Wow we really are marching right to towards a centralised digital currency with no privacy and no actually ownership.
Remember back in the day when owning stock meant u owned the actually stocks. Well now u own the right to the stocks but if the platform ur trading on goes under welp out of luck guess u don’t actually own them.
You will own nothing and be happy.
asdfasdfasdf@lemmy.world 5 months ago
What? That’s not true. That’s what SPIC is for. Just like if a bank goes under and it’s FDIC insured, then you’re fine.
Robinhood has SIPC coverage. This means your assets are backed by the Securities Investor Protection Corporation. Through this, users are protected for up to $250,000 in cash and up to $500,000 in assets. This would come into play if Robinhood were to file for bankruptcy and couldn’t provide users with full asset values.
Texas_Hangover@lemm.ee 5 months ago
SPIC lmao. They might want to rethink that acronym.
0x0@programming.dev 5 months ago
Well now u own the right to the stocks
Isn’t that called an option in the derivatives market? You can still own stock.
azalty@jlai.lu 5 months ago
This
Fuck credit cards, long life to cash!
Meron35@lemmy.world 5 months ago
This only applies to discount brokers, all of which are licensed, regulated brokers.
You do, in fact, “own” the stocks you buy.
The internal plumbing of securities clearing, settlement, and registration is not a concern to retail investors.
Stop buying into juvenile conspiracies.
And if for some reason you are still not satisfied, you can always opt for a “full service” broker or ask to register the shares in your name, both of which are much more expensive.
Do I own my shares? – Trading 212 - …trading212.com/…/360008702918-Do-I-own-my-shares
chiisana@lemmy.chiisana.net 5 months ago
Vast majority of those who are vocal about “ownership” are from that reddit cult. They’ll drag you down to their level with nonsense and stupidity, trying to convince you that GameStop will make them multi-billionaires. Be careful and don’t waste too much of your time on them.
kirklennon@kbin.social 5 months ago
“The industry is at a pivotal point - new technologies like Gen AI are rapidly shifting how we shop and manage our finances,” said Jack Forestell, Chief Product and Strategy Officer, Visa.
This is so cringey. I get that investors are randomly throwing cash at companies that talk up "generative AI," but it has nothing to do with anything they announced. Is it impossible to just be content with ridiculously sophisticated algorithms? Did someone hold a gun up to these people and demand they spit out some drivel that uses the buzzwords du jour?
Also, the headline feature was solved a decade ago when Apple Pay was released (and no, not by the janky predecessors of Apple Pay but specifically with the launch of Apple Pay, which everything was then changed to replicate). One device that can hold an entire wallet of cards and I can choose what to use right when I pay? Wow! So new.
hal_5700X@sh.itjust.works 5 months ago
Physical cards are harder to mess with then a phone. Physical cards are safer.
plz1@lemmy.world 5 months ago
Until you get hit by a card skimmer. Encrypted NFC is safer than a physical card.
vrighter@discuss.tchncs.de 5 months ago
and how, pray tell, do you think contactless cards work?
BearOfaTime@lemm.ee 5 months ago
I haven’t used a swipe in years. Virtually all contact less now.
LifeInMultipleChoice@lemmy.world 5 months ago
Can you explain that one to me? Anyone can take my card and use it, no one can take my phone and use it… also I would notice my phone being gone sooner. Cards dont have to transfer to other devices and have to be readded with the banks verification. A card is as easy as beep and draw an X, or not even have to “sign”.
kalleboo@lemmy.world 5 months ago
Apple Pay/Google Pay already exists though?? What’s new?
The last credit card I got, it took me like a month of two to unpack the physical card since right after signup I could already add the virtual card to Apple Pay through the bank app and I just used that.
chiisana@lemmy.chiisana.net 5 months ago
They’ll try to pull out of Apple Pay/Google Pay. At least that’s what Walmart did / is doing for the longest time in favor of their CurrenC or whatever thing in the US.
Blisterexe@lemmy.zip 5 months ago
Honestly I hope they do because I refuse to use google pay and I can’t use apple pay
BigTrout75@lemmy.world 5 months ago
If a title asks a question, the answer is always “no”. No?
____@infosec.pub 5 months ago
Betteridge’s Law.
Generally proves deeply true.
Deceptichum@sh.itjust.works 5 months ago
People still use physical cards? I haven’t been carrying any cards at all for so many years now.
Kusimulkku@lemm.ee 5 months ago
I’d be happy to use Google Wallet most of the time but Google is real worried about my custom ROM and won’t allow me to.
canis_majoris@lemmy.ca 5 months ago
There’s a transaction limit on tap payments. Sometimes you need to chip or swipe when it’s over $250 or something.
kirklennon@kbin.social 5 months ago
Seems like you're Canadian. America doesn't have limits on tap to pay.
Imgonnatrythis@sh.itjust.works 5 months ago
Assume you are not in US? Phone pay never caught on here in a big way unfortunately.
ThePrivacyPolicy@lemmy.ca 5 months ago
I did it when I was travelling to the US a few years back and the store clerk looked at me like I had two heads. It’s so normal in Canada I never thought much of it, and here I was a celebrity in this store and everyone was just wow’d at the magic I’d done.
thejml@lemm.ee 5 months ago
Sadly, too many places around here don’t get support Apple Pay and even less Google wallet. It’s definitely improved the last few years, probably 80%, but not 100%, so I’ve had to carry mine. So close I can’t wait!
partial_accumen@lemmy.world 5 months ago
I’m getting old. Google keeps changing their touchless pay system and app. I got tired of switching after the third version of whatever Google is calling it now and gave up. Google pay, no Android pay, no Google wallet!
Cheskaz@lemmy.world 5 months ago
I remember on reddit once someone from the US complaining about people assuming their bar had EFTPOS machines/pay wave saying “You wouldn’t go to the grocery store without your wallet?!”
And me, in Australia just being like…but… I do? I almost never take my wallet with me to the grocery store…
(Although, because my student public transport card is the only thing I can’t put on my phone, going out for drinks is one of the few times I’m almost guaranteed to have my wallet) (also because I want to have backups if something goes wrong while I’m inebriated)
gravitas_deficiency@sh.itjust.works 5 months ago
lol for fucks sake this is so deeply stupid
TheFonz@lemmy.world 5 months ago
Am I missing something or is this the most vaguely written description? I don’t get it. Something biometric is all I got out of it
TommySoda@lemmy.world 5 months ago
I can’t wait for the article saying how we’re gonna solve world hunger with AI.
filister@lemmy.world 5 months ago
The same way Israel is solving hunger with AI in Gaza.
Stalin once said, “Net cheloveka, net problemy” (“No person, no problem”).
todd_bonzalez@lemm.ee 5 months ago
Nobody goes hungry if the Human race is extinct.
RizzRustbolt@lemmy.world 5 months ago
I think someone already wrote a proposal for that.
JackGreenEarth@lemm.ee 5 months ago
Only when they stop trying to DRM lock phone pay to phones with locked bootloaders will I use phone pay
lnxtx@feddit.nl 5 months ago
Aren’t metal cards better?
SaltySalamander@fedia.io 5 months ago
100%, but they cost the card companies a hell of a lot more to produce. Ergo, plastic.
return2ozma@lemmy.world 5 months ago
Within a decade, you’ll likely access all of your cards with one credential and choose which payment method you’d like to use. That includes not just credit and debit cards, but also buy now, pay later options and direct payments from your bank account.
Visa is rolling out technology that will allow you to tap your card on your smart device to add it to your wallet. You’ll also be able to tap your card to your phone to confirm a transaction without needing to input any additional information.
Gormadt@lemmy.blahaj.zone 5 months ago
Visa is rolling out technology that will allow you to tap your card on your smart device to add it to your wallet. You’ll also be able to tap your card to your phone to confirm a transaction without needing to input any additional information.
So like almost any tap to pay system?
Shit I was doing this stuff with GPay for years.
Within a decade, you’ll likely access all of your cards with one credential and choose which payment method you’d like to use. That includes not just credit and debit cards, but also buy now, pay later options and direct payments from your bank account.
This is just PayPal.
aniki@lemm.ee 5 months ago
yeah I never go to the grocery store with more than a bag and a phone…
metaStatic@kbin.social 5 months ago
and I would trust it about as much as paypal.
Zero.
AA5B@lemmy.world 5 months ago
So …. In a decade we’ll get ApplePay?
TheFeatureCreature@lemmy.world 5 months ago
Hmm, where have I heard this before…
harsh3466@lemmy.ml 5 months ago
I noped out as soon as I read that line.
duckCityComplex@lemmy.world 5 months ago
The funny thing is AI is not really mentioned in the rest of the article. I don’t think any of the new technology being introduced has anything to do with AI.
I guess “AI” is just a synonym for “new stuff” now.
agressivelyPassive@feddit.de 5 months ago
I also promise, to pay you back, if you give me 10 million. No contractual obligations, but I totally promise!