Big banks should stop pretending to be fintechs, say insiders. While banks have power and customers fintechs can only dream of, red tape and regulations hinder them from going head-to-head with startups. Instead, they should work with fintech firms to preserve their unique offerings, communicate honestly and adapt to their needs. Collaboration, not domination, is the key to success.
Sam Altman, CEO of OpenAI, discussed the future of AI and Korea's tech scene at the Fireside Chat event. Altman highlighted OpenAI's ethos, culture, and focus on deep learning. He reiterated the need for continuous learning and adaptation to avoid job displacement and the role of potential regulation in various sectors. His remarks emphasized OpenAI's commitment to the development and deployment of AGI for the benefit of society. Read on for valuable insights into the dynamic landscape of AI.
Artificial intelligence could cause job displacement, but OpenAI CEO Sam Altman believes it can create employment opportunities. Altman emphasized the potential for labor markets to adapt in two generations, allowing for new and improved roles. He also discussed AI regulation and the need for responsible development. The importance of India's independent perspective was also highlighted.
AI systems will bring newer and better jobs, replacing some of the existing ones, says OpenAI CEO, Sam Altman. However, every technological revolution comes with a trust factor that society will counter with new techniques. The threat posed by AI is real, though people will adapt to it over time.
The impact of artificial intelligence (AI) on the job market is a hot topic. ChatGPT founder, Sam Altman, discusses how AI can bring new job opportunities to the table. Though traditional jobs may decline, innovative fields can emerge. AI can assist in healthcare, transportation, and education. Adapting to change can create a better future with new and better jobs in store.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?