Bill Gates Hails OpenAI’s GPT , as Revolutionary Technological Advancement.
CNBC reports that the Microsoft co-founder said
that OpenAI's GPT AI is the most impressive
technological advancement he's seen since 1980.
CNBC reports that the Microsoft co-founder said
that OpenAI's GPT AI is the most impressive
technological advancement he's seen since 1980.
He likened its importance to the first modern graphical desktop environment (GUI),
which he utilized to create Windows.
He likened its importance to the first modern graphical desktop environment (GUI),
which he utilized to create Windows.
On March 21, Gates revealed that he previously challenged OpenAI's team to create an AI model that could successfully pass an Advanced Placement Biology test.
iOS Gets , Free ChatGPT App.
The free app works on
iPhones and iPads, The Verge reports.
The free app works on
iPhones and iPads, The Verge reports.
It will first be made available in the U.S. and then be offered in other countries "in the coming weeks.".
OpenAI also announced that
Android will have its own version "soon.".
ChatGPT was made available
to the public last November.
While OpenAI never previously revealed that it was developing a mobile app, it makes sense considering the chatbot's popularity.
Some estimates suggest ChatGPT had been used
by 100 million people by January, The Verge reports. .
A premium subscription, ChatGPT Plus,
was made available for $20 in February. .
Until now, the best way to utilize the
chatbot's language models on mobile
was via Microsoft's Bing app.
The tech company was using this feature to entice more people to use Bing and Edge.
However, with the creation of a ChatGPT app, some users are likely to abandon Microsoft's offerings
Credit: Wibbitz Top Stories Duration: 01:31Published
Microsoft CEO Dismisses , Widespread Concerns Over AI.
'Time' reports that the release of adaptive AI tools
like ChatGPT has prompted concerns about the
new technology's potential impact on society.
Not long after Microsoft released an AI-powered version of Bing in February, reports began to emerge
of erratic and concerning interactions with users. .
Not long after Microsoft released an AI-powered version of Bing in February, reports began to emerge
of erratic and concerning interactions with users. .
Leaders in tech signed an open letter pushing for
a six-month pause on training advanced AI systems,
citing “profound risks to society and humanity.”.
Leaders in tech signed an open letter pushing for
a six-month pause on training advanced AI systems,
citing “profound risks to society and humanity.”.
Many researchers steeped in these issues,
including myself, expect that the most likely
result of building a superhumanly smart AI,
under anything remotely like the current
circumstances, is that literally
everyone on Earth will die, Eliezer Yudkowsky, Decision theorist at the nonprofit Machine Intelligence Research Institute, via 'Time'.
'Time' reports that Microsoft
CEO Satya Nadella says he has
no concerns about the technology. .
According to Nadella, the company
has worked to mitigate risks
associated with its AI systems.
When it comes to job displacement,
Nadella suggests that AI can help
displaced workers find new jobs.
We need new technology to help us with
the economic growth that we enjoyed
in the early part of the 20th century.
What if we can have that type
of economic growth this time
around, but it’s much more even?, Satya Nadella, Microsoft CEO, via 'Time'.
We need new technology to help us with
the economic growth that we enjoyed
in the early part of the 20th century.
What if we can have that type
of economic growth this time
around, but it’s much more even?, Satya Nadella, Microsoft CEO, via 'Time'.
According to Nadella, the benefits
of AI far outweigh the associated risks.
'Time' reports that despite advocating for the safety
of their AI systems, Microsoft has actively pushed back
against efforts to regulate AI in the European Union. .
'Time' reports that despite advocating for the safety
of their AI systems, Microsoft has actively pushed back
against efforts to regulate AI in the European Union.
Credit: Wibbitz Top Stories Duration: 01:32Published
IBM Stops Hiring for 7,800 Positions , That Could Be Replaced by AI.
Insider reports that IBM CEO Arvind Krishna
revealed the company's intentions to 'Bloomberg.' .
I could easily see 30% of that
getting replaced by AI and
automation over a five-year period, Arvind Krishna, IBM CEO, to 'Bloomberg'.
The cuts would mostly affect
"non-customer facing roles," Insider reports.
According to an IBM spokesperson, people who are currently in such roles won't be let go, but positions that are voluntarily vacated won't be filled.
A spokesperson for IBM issued a statement.
There is no blanket hiring 'pause' in place. IBM is being deliberate and thoughtful in our hiring with a focus on revenue-generating roles, and we're being very selective when filling jobs that don't directly touch our clients or technology. We are actively hiring for thousands of positions right now, IBM spokesperson, to Insider.
Meanwhile, IBM announced earlier this year that
it would be laying off 1.5% of its employees.
As AI capabilities, such as those of ChatGPT, have rapidly improved, labor market jobs will likely become increasingly impacted. .
According to Insider, "tech, media and legal industries" are some of the sectors to presumably be most affected.
Credit: Wibbitz Top Stories Duration: 01:30Published
Bill Gates Says AI Could Mean , the End of Search Engines.
Gates recently spoke at a San Francisco tech event called AI Forward, Insider reports.
He said that artificial intelligence could become advanced enough to eliminate the need for search engines or online shopping.
That's because top AI firms would likely develop personal digital agents. .
Whoever wins the personal agent,
that's the big thing, because you will never go to a search site again, you will never go to a productivity site, you'll never go to Amazon again, Bill Gates, speaking at AI Forward.
For example, a personal digital agent could "read the stuff you don't have time to read.".
While Gates would like Microsoft to have a hand in developing such a technology.
he said there's a 50% chance that a startup will become a leader in AI in the future. .
The technology is still far from being
ready for widespread use, Gates said.
Gates published a letter called
'The Age of AI has Begun' in March.
In it, he states that developing AI is
"as fundamental as the creation of the microprocessor, the personal computer,
the internet and the mobile phone."
Credit: Wibbitz Top Stories Duration: 01:30Published
Twitter Starts Removing, Legacy Verified Blue Check Marks.
On April 20, Twitter brought about
the end of an era, eliminating verified
blue check marks on users' profiles.
NBC reports that the social media platform's previous
leadership had awarded those badges to accounts
belonging to public organizations and high-profile users.
On April 1, Twitter announced
that it would be winding down
the blue check system. .
The list of celebrities now sans blue check mark
includes Oprah Winfrey, Katy Perry,
Justin Bieber and Kim Kardashian.
The list of celebrities now sans blue check mark
includes Oprah Winfrey, Katy Perry,
Justin Bieber and Kim Kardashian.
The list of celebrities now sans blue check mark
includes Oprah Winfrey, Katy Perry,
Justin Bieber and Kim Kardashian.
Meanwhile, recognizable TV personalities,
including MSNBC's Rachel Maddow and CNN's
Christiane Amanpour also lost their blue badges.
Meanwhile, recognizable TV personalities,
including MSNBC's Rachel Maddow and CNN's
Christiane Amanpour also lost their blue badges.
Other prominent figures, such as
Bill Gates and Pope Francis, saw their
accounts stripped of the blue mark as well.
Other prominent figures, such as
Bill Gates and Pope Francis, saw their
accounts stripped of the blue mark as well.
NBC reports that with the removal process clearly
underway, users have reported a number of glitches,
including blue checks that disappear and reappear. .
According to Twitter, accounts with a blue
check mark will be reserved for users who have , “subscribed to Twitter Blue and verified their phone number.”.
The change to Twitter's verification system
is the latest decision by Musk since
he took over the platform in October.
The change to Twitter's verification system
is the latest decision by Musk since
he took over the platform in October.
NBC points out that Musk had stated that he would
change the check mark system since April of 2022,
prior to even making an offer to purchase Twitter
Credit: Wibbitz Top Stories Duration: 01:30Published
OpenAI Chief Goes Before Congress , to Suggest Licenses for Building AI.
OpenAI CEO Sam Altman addressed
a Senate panel on May 16.
OpenAI CEO Sam Altman addressed
a Senate panel on May 16.
He said that AI's ability to compromise election integrity is a "significant area
of concern," Reuters reports.
Altman went on to say that AI
development needs regulation.
I think we also need rules, guidelines, on what’s expected
in terms of disclosure from a company providing a model.
I am nervous about it, Sam Altman, OpenAI CEO, via statement.
Altman suggests that licensing or registration requirements should be in place "for AI with certain capabilities," Reuters reports. .
This would help the U.S. to
establish and enforce safety standards. .
AI critics fear the technology will have far-reaching negative effects.
For example, prejudice and misinformation could be propagated.
Others suggest "AI could end humanity itself," Reuters reports.
An OpenAI employee recently suggested
creating an AI licensing agency called the
Office for AI Safety and Infrastructure Security (OASIS).
It remains to be seen whether
that will be made a reality
Credit: Wibbitz Top Stories Duration: 01:31Published
Geoffrey Hinton Says AI’s Threat , Is More Urgent Than Climate Change.
The "Godfather of AI" made the statement
in an interview with Reuters on May 5.
I wouldn't like to devalue climate change. I wouldn't like to say,
'You shouldn't worry about climate change.' That's a huge risk too, Geoffrey Hinton, via Reuters.
But I think this might end
up being more urgent, Geoffrey Hinton, via Reuters.
With climate change, it's
very easy to recommend what you should do: you just stop burning carbon. If you do that, eventually things will be okay. , Geoffrey Hinton, via Reuters.
For this it's not at all clear
what you should do, Geoffrey Hinton, via Reuters.
Hinton recently quit Google after working
at the firm for over a decade so that he could speak about the dangers of artificial intelligence.
Since the launch of OpenAI's ChatGPT-4,
thousands of experts have signed an open letter demanding a pause in developing AI systems.
Among the signatories was
Tesla and SpaceX CEO Elon Musk. .
While Hinton share similar concerns
as the signatories, he doesn't believe
research should be paused.
It’s utterly unrealistic. I'm in the camp that thinks this is an existential risk, and it’s close enough that we ought to be working very hard right now, and putting a lot of resources into figuring out what we can do about it, Geoffrey Hinton, via Reuters
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk , Meets With Lawmakers , on Regulating AI.
On April 27, Elon Musk tweeted that he met with Senate
Majority Leader Chuck Schumer and other lawmakers
regarding the regulation of artificial intelligence.
On April 27, Elon Musk tweeted that he met with Senate
Majority Leader Chuck Schumer and other lawmakers
regarding the regulation of artificial intelligence.
CNBC reports that Musk
posted the tweet after
being spotted on Capitol Hill.
That which affects
safety of the public has,
over time, become regulated
to ensure that companies
do not cut corners, Elon Musk, CEO of Tesla, SpaceX and Twitter, via Twitter.
AI has great power
to do good and evil.
Better the former, Elon Musk, CEO of Tesla, SpaceX and Twitter, via Twitter.
Recently, Schumer launched an effort to create
a framework for regulation that fosters the rapidly-
advancing technology while minimizing the risks.
Recently, Schumer launched an effort to create
a framework for regulation that fosters the rapidly-
advancing technology while minimizing the risks.
CNBC reports that Schumer's plans focus on
transparency and thorough testing by experts
prior to AI systems being released to the public.
Last month, Musk was a high-profile signatory of
an open letter calling for a six-month pause on
“the training of AI systems more powerful than GPT-4.”.
Musk was a co-founder of ChatGPT
creator OpenAI, but he sold off his stake
in the company and left the board in 2018.
Musk was a co-founder of ChatGPT
creator OpenAI, but he sold off his stake
in the company and left the board in 2018.
Following his departure,
Musk has repeatedly warned that
OpenAI has strayed from its initial goals.
In response, OpenAI CEO Sam Altman said that while
he agreed with moving forward with caution, “The letter,
I don’t think, was the optimal way to address it.”.
In response, OpenAI CEO Sam Altman said that while
he agreed with moving forward with caution, “The letter,
I don’t think, was the optimal way to address it.”
Credit: Wibbitz Top Stories Duration: 01:31Published
Private Test Reveals , ChatGPT's Ability , to Create Dangerous Malware.
Fox News reports that ChatGPT continues to cause controversy in the tech world, as a user claims to have created powerful data-mining malware. .
Fox News reports that ChatGPT continues to cause controversy in the tech world, as a user claims to have created powerful data-mining malware. .
A security researcher for Forcepoint,
Aaron Mulgrew, shared how OpenAI's
generative chatbot is able to create malware.
The researcher used a loophole to bypass
ChatGPT's protections that are meant to prevent
people from using the AI to create malware codes.
According to Mulgrew, after creating the code with separate lines, he was able to compile the functions into
an undetectable data-stealing executable. .
Fox News reports that the creation of this sophisticated
malware was accomplished without a team of hackers, and
Mulgrew himself didn't have to write a single line of code.
Mulgrew's private test,
which was not publicly released,
highlights the dangers of ChatGPT. .
Fox News reports that Mulgrew, who claims to not have
any advanced coding experience, was able to bypass
ChatGPT's security measures with a simple test. .
The malware that Mulgrew created
scrubs files for any data that could
be stolen from an infected device.
The program then breaks the data down,
hides it within other images and
uploads it to a Google Drive folder.
Fox News reports that by using simple prompts,
Mulgrew was able to use ChatGPT to strengthen
and refine the code to conceal it from detection.
Credit: Wibbitz Top Stories Duration: 01:31Published
Disney Scraps Florida Plans , Amid DeSantis Confrontation.
CNBC reports that Disney has canceled plans to open
a new employee campus in Florida amid ongoing
tension with the governor of the Sunshine State.
CNBC reports that Disney has canceled plans to open
a new employee campus in Florida amid ongoing
tension with the governor of the Sunshine State.
Josh D’Amaro, chairman of Disney’s parks,
experiences and products division, addressed
the decision in a May 18 memo to employees.
Josh D’Amaro, chairman of Disney’s parks,
experiences and products division, addressed
the decision in a May 18 memo to employees.
D'Amaro cited "changing business conditions" and CEO Bob Iger's return to helming the company.
D'Amaro cited "changing business conditions" and CEO Bob Iger's return to helming the company.
Along with announcing that Disney would not go forward
with the new campus, the company canceled plans to
relocate 2,000 California-based employees to Florida.
Along with announcing that Disney would not go forward
with the new campus, the company canceled plans to
relocate 2,000 California-based employees to Florida.
This was not an easy decision to make,
but I believe it is the right one, Josh D’Amaro, chairman of Disney’s parks,
experiences and products division, via CNBC.
CNBC reports that the new campus was
originally scheduled to open as soon as
2022-2023, but was later pushed back to 2026.
It is clear to me that the power of
this brand comes from our incredible
people, and we are committed to
handling this change with
care and compassion, Josh D’Amaro, chairman of Disney’s parks,
experiences and products division, via CNBC.
The news comes after Governor Ron DeSantis
targeted Disney's special district, which had
allowed it to self-govern its operations for decades.
The news comes after Governor Ron DeSantis
targeted Disney's special district, which had
allowed it to self-govern its operations for decades.
The special district's five-member
board was replaced by members
handpicked by DeSantis. .
The special district's five-member
board was replaced by members
handpicked by DeSantis. .
In response, Disney filed a lawsuit accusing
DeSantis and the new board members of
carrying out a campaign of political retribution. .
In response, Disney filed a lawsuit accusing
DeSantis and the new board members of
carrying out a campaign of political retribution.
Credit: Wibbitz Top Stories Duration: 01:31Published
EU States Approve First-Ever , Global Comprehensive Crypto Rules.
The rules were approved at an EU finance minister meeting on May 16, CNBC reports.
Crypto regulation has been at the forefront of discussion since the collapse of FTX.
Recent events have confirmed the
urgent need for imposing rules which will better protect Europeans who have invested in these assets, and prevent the misuse of crypto industry for the purposes of money
laundering and financing of terrorism, Elisabeth Svantesson, finance minister for Sweden, via statement.
Now, any firm within the 27-country bloc
that wants "to issue, trade and safeguard" cryptocurrency must obtain a license, CNBC reports.
The new rules have undoubtedly put pressure on Britain, the U.S. and other countries to approve similar regulations, CNBC reports.
Britain has suggested a phased approach beginning with stablecoins and branching out to unbacked crypto assets, but the country hasn't established a timetable. .
The U.S. has been using existing securities rules and is still deciding if new rules are needed and who would enforce them.
Hester Peirce, a U.S. derivatives regulator commissioner, recently said that federal and state authorities remain uncertain about any oversight role they may offer in the crypto sector.
We are wandering
in the desert a bit, Hester Peirce, a U.S. derivatives
regulator commissioner, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
JPMorgan CEO , Predicts Panic As US , Approaches Debt Default.
On May 11, Jamie Dimon, the CEO of JPMorgan Chase,
said that markets will be affected by panic as
the U.S. nears a potential default on its sovereign debt.
CNBC reports that Dimon called a default
"potentially catastrophic" for the U.S.
while speaking to 'Bloomberg.'.
The closer you get to it,
you will have panic, Jamie Dimon, JPMorgan CEO, via CNBC.
He also predicted that lawmakers
will be forced to take action in order
to avoid the worst-case scenario.
CNBC reports that Dimon is just one of many business
leaders and officials to predict dire consequences if
the U.S. debt limit is not raised or suspended.
If it gets to that panic point,
people have to react,
we’ve seen that before, Jamie Dimon, JPMorgan CEO, via CNBC.
Panic becomes something
that is not good. It could
affect other markets
around the world, Jamie Dimon, JPMorgan CEO, via CNBC.
Dimon stressed that a default would send shockwaves
through the financial world, and urged politicians on
both sides of the political divide to reach a compromise. .
In the wake of three financial firms' collapse, Dimon said that
while regional banks remain "quite strong," bank runs
are likely to worsen as the potential default looms closer.
In the wake of three financial firms' collapse, Dimon said that
while regional banks remain "quite strong," bank runs
are likely to worsen as the potential default looms closer.
I think we have to assume
there’ll be a little bit more, Jamie Dimon, JPMorgan CEO, via CNBC
Credit: Wibbitz Top Stories Duration: 01:30Published
Olive Garden Owner , Buys Ruth’s Chris Steak House.
Darden Restaurants, which owns
Olive Garden, LongHorn Steakhouse and more, made the announcement on May 3.
Darden Restaurants, which owns
Olive Garden, LongHorn Steakhouse and more, made the announcement on May 3.
It will acquire Ruth's Hospitality Group for
$715 million in an all-cash transaction, CNBC reports. .
The steakhouse had $505.9 million
in revenue last year.
There are over 150 Ruth's Chris
locations around the world. .
The deal marks the first acquisition
for Darden Restaurants in six years.
In 2017, Darden bought
Cheddar's Scratch Kitchen for $780 million.
Darden is set to release its Q1 earnings
report before the bell on May 5.
Ruth's said it had 4.5% same-store
sales growth last quarter.
If all conditions are met,
the deal will close in June.
Ruth's Chris CEO Cheryl Henry will remain president of the chain while reporting to Darden CEO Rick Cardenas.
Credit: Wibbitz Top Stories Duration: 01:30Published
EU Regulators , Approve Microsoft's Acquisition , of Activision Blizzard.
Just weeks after regulators in the United Kingdom blocked
Microsoft's acquisition of Activision Blizzard, the
$68.7 billion deal was approved by the European Union.
Just weeks after regulators in the United Kingdom blocked
Microsoft's acquisition of Activision Blizzard, the
$68.7 billion deal was approved by the European Union.
The Verge reports that the European Commission
concluded that the deal could proceed due
to Microsoft's commitment to cloud gaming.
According to the EU, Microsoft
“would have no incentive to refuse to
distribute Activision’s games to Sony.”.
The EU statement went on to say that , “even if Microsoft did decide to withdraw Activision’s
games from the PlayStation, this would not
significantly harm competition in the consoles market.”.
However, regulators in the EU agreed with U.K. regulators,
stating that the deal could harm competition regarding the distribution of PC and console games through cloud gaming services.
According to the European Commission, 10-year
licensing deals Microsoft has offered to rivals
offset the harm the acquisition could cause to competition.
The Verge reports that these deals include a free license for EU consumers to stream Activision Blizzard games via “any cloud game streaming services of their choice.” .
Our decision represents an important
step in this direction, by bringing
Activision’s popular games to many more
devices and consumers than before
thanks to cloud game streaming, Margrethe Vestager, executive VP in charge of competition
policy at the European Commission, via The Verge.
The commitments offered by
Microsoft will enable for the first time
the streaming of such games in any cloud
game streaming services, enhancing
competition and opportunities for growth, Margrethe Vestager, executive VP in charge of competition
policy at the European Commission, via The Verge.
The Verge reports that despite Microsoft's victory in
the EU, the company still faces a tough appeal battle for
approval by the U.K.’s Competition and Markets Authority.
The Verge reports that despite Microsoft's victory in
the EU, the company still faces a tough appeal battle for
approval by the U.K.’s Competition and Markets Authority
Credit: Wibbitz Top Stories Duration: 01:31Published
Wendy's to Test , New AI Drive-Thru.
'The Guardian' reports that Wendy's is ready
to roll out an artificial-intelligence-powered
chatbot capable of taking customers' orders.
The "FreshAI" pilot program
is reportedly powered
by Google Cloud's AI software. .
The experimental pilot program
will launch next month in
the Columbus, Ohio, area.
According to Wendy's, the fast-food
chain is counting on the technology to
revolutionize the industry.
According to Wendy's, the fast-food
chain is counting on the technology to
revolutionize the industry.
By leveraging generative AI, Wendy’s seeks to take the complexity out of the ordering process so employees can focus on serving up fast, fresh-made, quality food and exceptional service, Wendy's, via statement.
'The Guardian' reports that
Wendy's is not the first fast-food
chain to pioneer AI technology.
'The Guardian' reports that
Wendy's is not the first fast-food
chain to pioneer AI technology.
In 2022, McDonald's opened a completely automated
location in Fort Worth, Texas, while deploying
AI-operated drive-thrus at locations around the country.
Meanwhile, other chains, including
Sonic and Popeyes also have their own
AI-driven solutions in the works.
Meanwhile, other chains, including
Sonic and Popeyes also have their own
AI-driven solutions in the works.
Similar to McDonald's, Wendy's has
said that it will still employ people to
monitor the AI-operated drive thru. .
Similar to McDonald's, Wendy's has
said that it will still employ people to
monitor the AI-operated drive thru. .
Despite this, 'The Guardian' points out that the application
of AI technology in the fast-food industry is expected
to stoke fears of humans losing jobs to robots.
Credit: Wibbitz Top Stories Duration: 01:30Published
Microsoft Launches , AI-Powered Cybersecurity Assistant.
Reuters reports that on March 28,
Microsoft debuted a new cybersecurity tool that uses OpenAI's ChatGPT.
Reuters reports that on March..
Credit: Wibbitz Top Stories Duration: 01:30Published
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