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🚀 Elon Musk's Take on the Apple-OpenAI Collaboration: A Major Security Concern Day one of the #Apple Developers Conference was packed with excitement. Apple unveiled its new collaboration with OpenAI, integrating ChatGPT with Siri and its OS. **Elon Musk's Strong Reaction: "I Will Ban Apple Devices"** Elon Musk, a vocal critic of OpenAI, shared his concerns about this partnership: - **Criticism of Apple's Decision:** - "Apple creating its own AI is one thing, but partnering with OpenAI under the guise of ensuring privacy is ridiculous. The distribution of parts to OpenAI could have unforeseen consequences." - "If Apple integrates OpenAI into their OS, I will prohibit Apple devices in my companies. This is a serious security threat." - **Preventive Measures:** - Musk announced that Apple devices would be banned and stored in a Faraday cage to prevent any electrical interference. - **Twitter Insights:** - Musk shared examples of ChatGPT’s flawed responses, highlighting the dangers of more powerful AI systems. Musk had previously called for a six-month pause in AI advancements, a move supported by many but deemed unreasonable by Bill Gates. Musk's AI company, xAI, focuses on open-source solutions, contrasting with ChatGPT's closed-source model. #ElonMusk. #BinanceSquareFamily #AI #OpenAI

🚀 Elon Musk's Take on the Apple-OpenAI Collaboration: A Major Security Concern

Day one of the #Apple Developers Conference was packed with excitement. Apple unveiled its new collaboration with OpenAI, integrating ChatGPT with Siri and its OS.

**Elon Musk's Strong Reaction: "I Will Ban Apple Devices"**

Elon Musk, a vocal critic of OpenAI, shared his concerns about this partnership:

- **Criticism of Apple's Decision:**

- "Apple creating its own AI is one thing, but partnering with OpenAI under the guise of ensuring privacy is ridiculous. The distribution of parts to OpenAI could have unforeseen consequences."

- "If Apple integrates OpenAI into their OS, I will prohibit Apple devices in my companies. This is a serious security threat."

- **Preventive Measures:**

- Musk announced that Apple devices would be banned and stored in a Faraday cage to prevent any electrical interference.

- **Twitter Insights:**

- Musk shared examples of ChatGPT’s flawed responses, highlighting the dangers of more powerful AI systems.

Musk had previously called for a six-month pause in AI advancements, a move supported by many but deemed unreasonable by Bill Gates. Musk's AI company, xAI, focuses on open-source solutions, contrasting with ChatGPT's closed-source model.

#ElonMusk. #BinanceSquareFamily #AI #OpenAI

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Binance Updates Its Managed Sub-Account (MSA) Functionality Fellow Binancians, At Binance, we value user feedback and continuously refine our offerings to enhance your experience. We're excited to announce updates to the Managed Sub-Account (MSA) structure, including changes to the fee system, effective from 2024-07-01 00:00 (UTC). 🔑 **Key Highlights:** - **Exclusion from Rebates and Discounts:** MSAs will no longer receive liquidity provider program rebates or taker program discounts. - **New MSA Fee:** A fee will be applied based on the monthly average asset balance of each MSA and the total trading volume of all MSAs under the trading team. 📉 **Liquidity Provider Program Restrictions:** - **No Rebates for MSAs:** MSAs are not eligible for rebates, regardless of the master account’s program tier. - **Maker Fee Adjustments:** For eligible trading teams, MSA’s maker fee will be 0. - **Volume Counting:** MSA trading volume counts towards the master account’s liquidity provider volume requirements. - **Applicable Markets:** Spot, Fiat, USDⓈ-Margined Futures, and COIN-Margined Futures. 📉 **Taker Program Restrictions:** - **No Taker Discounts:** USDⓈ-Margined Futures Taker Program discounts won't apply to MSAs. - **Volume Contributions:** MSA taker volume contributes to the taker program requirements. 💰 **Managed Sub-Account Fees:** 1. **Account Maintenance Fee:** - **Fixed Fee:** 500 USDT per MSA. - **Applicability:** MSAs with a monthly average asset balance below 100,000 USD equivalent. 2. **Trading Fee:** - **VIP Tier Based:** Applicable if the trading team’s VIP level is between VIP 7-9 and higher than the investor VIP level. - **Calculation:** Daily fees accumulated and charged monthly. - **Fee Rates:** - **Spot Maker/Taker:** 0.002% - **Futures Maker/Taker:** 0.001% - **Waivers:** MSA trading maker fee waived for markets qualified under liquidity provider programs. #TopCoinsJune2024 #altcoins #BTC
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