Tag: Philanthropy

Investing in the AI giants Amazon, Alphabet, Microsoft, Nvidia, Apple, and Meta Platforms might lead to huge profits by 2030. But, beware of industry over-optimism and economic risks.

OpenAI and LinkedIn co-founders, Sam Altman and Reid Hoffman, have launched the new Worldcoin cryptocurrency project, backed by a $115m investment from Andreessen Horowitz and Coinbase Ventures. The project focuses on using biometric scans to create a secure global financial system with a spherical device called an "orb." Raising concerns over potential security and scalability issues, the Worldcoin co-founder Alexander Blania is confident the project is heading in the right direction.

. Berkshire Hathaway Inc.'s chairman Warren Buffett and right-hand man Charlie Munger share their cautionary views on Artificial Intelligence (AI). Buffett and Munger have warned against AI’s capabilities and pushing entrepreneurs too far into risk. Apple’s Sir Steve Wozniak, OpenAI's Shahar Avin, and AI’s father John McCarthy all share similar views. The Omaha-based conglomerate provides multiple services and products such as insurance, energy, and airline services. Buffett, a stockbroker- Turned Investor, founded the company in 1965 and has since been an instrumental part of its success.

Apple co-founder Steve Wozniak has warned the world of the potential risks that artificial intelligence (AI) poses to the public. With AI-driven tools like ChatGPT from OpenAI being able to create convincing scams, Wozniak is calling for stricter regulations and industry standards. He believes governments have failed to act on this, predicting that "the forces that drive for money usually win out." With advances in AI technology, major tech firms are introducing AI chatbots in their products and services. Along with other AI experts, Wozniak has signed a petition to control the development of AI tools, to prevent online propaganda and the loss of control over civilization.

Uncover IIT Madras' digital intelligence and security facility - the Veena and Pratap Subrahmanyam Centre for Digital Intelligence, Security, Hardware and Architecture (V&PS-CDISHA) - recently inaugurated by Union Minister Rajeev Chandrasekhar. Supported by alumni Pratap Subrahmanyam and CSR efforts of MacDermid Alpha, this center provides the necessary tools to research and apply AI solutions. Shape the future of Indian technology through the centre's emerging opportunities.