Jeremy Hunt throws out concerns over job losses and insists UK needs to “win” AI race April 20, 2023 Jeremy Hunt said he doesn’t “buy” the argument that artificial intelligence (AI) could create job losses as he insisted the UK should push ahead in harnessing the technology. Speaking at the Politico TechUK launch event in London, the Chancellor said use of artificial intelligence in technology was crucial to tackling the UK’s “growth challenge,” as [...]
After AI update, Bloomberg looks to boost terminals with more alternative data April 20, 2023 Bloomberg will expand its alternative data offering on its terminals this summer, the company’s chief technology officer told City A.M., after the firm announced that it plans to integrate an ChatGPT-like AI model into its software. Shawn Edwards said the financial data vendor aims to bring new sets of data to its terminals alongside the [...]
Rollercoaster of a day for Bitcoin is peppered with green and red candles April 19, 2023 Bitcoin peaked at $30,450 yesterday, coming off a $29,200 low, only to retrace back to $29,010 this morning.
AI better than our staff, reckon half of business leaders – so what does that mean for jobs? April 19, 2023 NEARLY half of business leaders reckon AI could replace humans, new data out today shows, but experts think job losses caused by mass adoption of tools such as ChatGPT would be limited. Some 44 per cent of C-suite executives think AI could perform tasks to a similar or better quality than humans, according to a [...]
We asked ChatGPT to write today’s headlines. We’d give it a B minus. April 19, 2023 ChatGPT can write a half-decent headline and turn out good news copy. But it lacks a certain flair and creativity.
Monopolies hire too many pointless managers and kill off productivity growth April 19, 2023 Does your boss - or the economy - really need you?
Bitcoin and Ethereum drifting sideways as fears over Shanghai upgrade are yet to play out April 18, 2023 Bitcoin is again trading below the psychological $30k threshold after a strong push over the past week.
How AI is proving a virtual nightmare for Google boss who admits having ‘sleepless nights’ April 17, 2023 Google chief executive Sundar Pichai said the rapid advancement of artificial intelligence keeps him awake at night as he admitted society is not fully prepared for its advancement. In an interview with CBS’s Scott Pelley for the “60 minutes” programme, which aired on Sunday, Pichai said the technology could be harmful if it is not used [...]
Bitcoin dips below $30k and Ethereum trading flat in line with equities April 17, 2023 Bitcoin is trading close to equities as the SP500 (-0.21%) and Nasdaq (-0.31%) trade flat in the red over the same 24-hour period.
Elon Musk working on AI tool to compete with ChatGPT April 16, 2023 Elon Musk is reportedly planning to launch an AI tool to rival OpenAI’s ChatGPT. The billionaire founder of SpaceX and Tesla is gathering a team of AI researchers and has acquired the graphics processing units needed to produce the AI tool, the Financial Times reported. Musk is also in talks with SpaceX and Tesla investors [...]