Tag: Public

OpenAI's CEO, Sam Altman, revealed that the company has no plans of going public to protect decision-making freedom, including the development of superintelligence. Despite being a non-profit, OpenAI isn't lacking funding, with Microsoft investing over $10bn. Altman has urged for AI regulation while threatening to halt business in the European Union.

AI doomsday is overblown, says tech journalist Devin Coldewey. Fear-mongering is unwarranted, and there's no imminent threat to humanity from AI.

This week the fintech sector saw huge investments from the emerging startups such as Wefox, Obie, Bolttech, and Figorr. Highlighting the potential of finance technology, news follows turbulent situation of Newchip tech accelerator which faced challenges from inside its doors. This case emphasizes importance of research before making any investment in fintech space. Various actions taken by Step, ZestMoney, EasyKnock, Revolut, Stripe, Axis, and Public also shows the dynamism of finance technology industry.

At US Senate Judiciary Committee, Sam Altman, CEO of OpenAI-developer of ChatGPT-spoke about potential AI risks. AI tech has power to cause 'significant harm' to humanity. With AI development akin to invention of printing press, an unregulated arms race could cause great damage. Hinton, Musk, Wozniak have warned of AI implications. Automation of jobs is seen as a threat, but Altman said that new jobs will come with tech advancement. AI is a worrying threat and needs regulated by ruling class.

At Defcon 31, AI models from Google BERT, Bing AI, OpenAI and many more are under the spotlight for testing by tech experts to find unknown bugs. Defcon is collaborating with government bodies, AI companies and independent experts to provide laptops, access to each model, and award for attendees to judge them fairly. Vice President Kamala Harris is funding research on AI, and aiming to put an AI Bill of Rights into action. Get the chance to understand, assess and use AI tools efficiently at Defcon.