BHS

Lazy to Read

[the_ad id="5549"]
Last week, Italy surprised the (digital) world with its decision to ban one of the most disputed AI tools – ChatGPT. The startling decision resulted from privacy concerns following the recent data breach and the absence of any factual regulations. The ban, however, is not permanent and is supposed to be removed as soon as ChatGPT starts respecting privacy.

With such a move, Italy became the first European country to forbid the legendary AI chatbot. What steps, if any, will other countries take?
By recent forecasts, 70% of the world’s population will live in urban centers by 2050. That also means our cities will become even more crowded and energy-consuming if we don’t take the right measures now. If you’re interested in how our cities can become smarter, read on.
What was once a distant dream and science fiction is now becoming a reality. The breakneck rise of artificial intelligence and ChatGPT raise grave concerns that we have granted AI too much power. The recent discussion on Twitter about the dramatic progress ChatGPT and AI have boggled the participants’ mind. The conclusion left lingering was that, with new upgrades which will occur much sooner than we might think, AI could be indistinguishable from humans. The urgency of the matter is underscored by the latest news that UNESCO is calling on nations around the world to promptly begin regulating the use of artificial intelligence, specifically implementing the 2021 Recommendation on the Ethics of Artificial Intelligence.
Centralized or web apps – or just apps – are owned by a single company. These are the ones we use on a daily basis – some were pre-configured into your phone, and some found their way to your phone through App Store or Google Play. What’s important to know about these apps is that their software resides on company servers; hence the term centralized – the control of the software and data transmission is in the hands of one, perhaps a few, parties.
If you want to use a centralized app, you’ll download its copy, and the data you generate through app usage will travel back and forth from your phone to the company servers until you deinstall it.
On the other hand, a decentralized app resides and operates on a blockchain, a distributed, interactive public ledger permanently maintaining a list of all records within a specific ecosystem.
Over the past couple of years, non-fungible tokens, or NFTs, have managed to capture the imagination of artists, buyers, and collectors. This innovation in the art market has led to new economic activity. In truth, NFTs are a new type of digital asset, but unlike Bitcoin (BTC), for example, which is fungible (interchangeable), NFTs are unique. NFTs are unique digital renditions of, for example, a work of art, representing a certificate of authenticity, which is recorded on the blockchain. Additionally, NFTs can be based on physical art, music, collectibles, or other types of digital assets. While some may think that NFTs are a passing fad, there are interesting implications for traditional art markets and digital art, which could indicate that NFTs will have a future in the art world. Let’s dive into how NFTs are integrated into the art market and what future NFts may have in the digital space.  
According to a CyberHaven report from March 2023, 8.2% of employees have used ChatGPT for work, and 6.5% have pasted private company information into ChatGPT when providing input. And while ChatGPT, especially the latest version, could be a helpful addition to your team and an excellent tool for boosting productivity, some companies, including JP Morgan, are in the process of blocking ChatGPT access due to concerns about data leaks.
The CyberHaven report on ChatGPT usage also states that: “Sensitive data makes up 11% of what employees paste into ChatGPT, but since the usage of ChatGPT is so high and growing exponentially this turns out to be a lot of information. During the week of February 26 – March 4, workers at the average company with 100,000 employees put confidential documents into ChatGPT 199 times, client data 173 times, and source code 159 times.”
The recent Bitcoin (BTC) price surge was a golden opportunity for short-term holders to reap some profits, and CryptoQuant’s data suggests that many of them took advantage of this window and cashed out their positions at the high point. Despite this, BTC managed to stay above the once-critical $28,000 level, indicating that the move up could continue.
We tend not to take seriously behavioral changes that are not strictly perceived as a medical condition. However, burnout is a state that many have experienced, or have been close to, throughout their careers. This intense feeling is very likely to have caused fundamental changes in lifestyle, relationships with people and approach to work. Those who are the most prone to burnout are – not surprisingly at all – entrepreneurs.
One of the most spectacular mapping updates is coming. Following the preview announced in 2022, Google Maps has finally begun rolling out its cutting-edge feature – immersive view.

Powered by artificial intelligence, the novel immersive view will blend a plethora of areal and Street View images to provide a digital model of the world. The feature should work on any smartphone or device without any limitations or technical requirements.

Though the rollout was confirmed in February, it was only a few days ago that users started noticing the new detail. The only drawback is that this innovation is available only to a handful of cities.
Shortly after its release, TikTok has become a go-to destination for anyone looking to kill time by exposing themselves to an endless supply of versatile content. But besides being a so-called cultural phenomenon that has given rise to new stars, jobs, and genres of content, this social media app has also been a part of various controversies. Some of them include questioning TikTok’s data protection and its integrity. That said, no wonder TikTok is making headlines once again, as TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee after the US lawmakers began considering restricting this social media app.
On Thursday, March 23rd, TikTok CEO Shou Zi Chew appeared before the House Enegry and Commerce Commitee in Washington D.C. as the US Congress eyed a ban on this prominent social media app. The reasons for this gathering are so-called, TikTok’s questionable privacy practices, data collection, and its role in exposing harmful content to the minors who deliberately use the app to this day.
With the increased scrutiny by the US Federal government on crypto assets, integration of crypto with traditional banking and financial institutions is facing higher hurdles. On January 27, 2023, the Federal Reserve (Fed) and the Biden administration’s National Economic Council signaled that further integration of cryptocurrencies in the traditional financial system would be followed closely. 

The published Policy Statement by the Fed set views on the legal permissibility of crypto asset activities. In this article, we will look at some implications for the crypto world thanks to this policy statement and review the future of crypto assets in a more regulated world. 
From the 1990s onward, there have been many predictions regarding the future of internet, finance, and technology improvements. Many have underestimated how important these advancements will become but even those who were the most enthusiastic didn’t expect how fast these changes will take place. So, let’s look back on how cryptocurrencies and artificial intelligence have shaped the digital economy we live in in the past few years.