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📣 DeepMind Co-Founder: AI Hype Obscuring ‘New Renaissance’
Speaking to the Financial Times (FT) Sunday (March 31), Demis Hassabis said that the flood of money into generative #artificial intelligence (AI) companies and products is reminiscent of similar buzz around cryptocurrencies. “Some of that has now spilled over into $AI , which I think is a bit unfortunate. And it clouds the science and the research, which is phenomenal,” he added. “In a way, AI’s not hyped enough, but in some senses it’s too hyped. We’re talking about all sorts of things that are just not real.”
#BinanceLaunchpool #Memecoins #cpi
📣 DeepMind Co-Founder: AI Hype Obscuring ‘New Renaissance’
Speaking to the Financial Times (FT) Sunday (March 31), Demis Hassabis said that the flood of money into generative #artificial intelligence (AI) companies and products is reminiscent of similar buzz around cryptocurrencies. “Some of that has now spilled over into $AI , which I think is a bit unfortunate. And it clouds the science and the research, which is phenomenal,” he added. “In a way, AI’s not hyped enough, but in some senses it’s too hyped. We’re talking about all sorts of things that are just not real.”
#BinanceLaunchpool #Memecoins #cpi
We are starting a new corporate adventure with the #ArrayFi project. The team has already been involved in great events.
#defi #artificial #crypto2023
#defi #artificial #crypto2023
Indian Banks Asked to Prepare for the Future with AI and Blockchain
India’s banking sector is being urged to embrace the potential of #artificial intelligence (#AI ) and #blockchaintechnology to prepare for the future and enhance their operations. The push comes as part of a broader initiative to modernize the banking industry and keep up with global trends.
In a recent announcement, regulators and industry leaders emphasized the need for Indian banks to invest in AI and blockchain solutions to improve efficiency, security, and customer experience. These emerging technologies have the potential to revolutionize various banking processes, including fraud detection, customer onboarding, loan approvals, and data management.
AI-powered Chatbots and Blockchain: Transforming Customer Support and Streamlining Financial Transactions
By adopting AI-powered chatbots, banks can enhance customer support and provide personalized assistance, while blockchain technology can ensure secure and transparent transactions. The use of smart contracts can streamline complex financial agreements and reduce administrative costs.
This call to action reflects the increasing recognition of AI and blockchain as transformative forces in the banking sector. Banks that proactively integrate these technologies into their operations can gain a competitive edge, attract tech-savvy customers, and drive innovation in financial services.
As the financial landscape evolves, Indian banks are encouraged to collaborate with fintech startups, technology providers, and regulatory bodies to navigate the complexities of AI and blockchain implementation. Embracing these technologies will enable banks to adapt to changing customer expectations, enhance operational efficiency, and deliver cutting-edge financial services.
The future of banking in India lies in the seamless integration of AI and blockchain. By embracing these technologies, banks can position themselves as leaders in the #digital era and ensure long-term success in a rapidly evolving industry.
In a recent announcement, regulators and industry leaders emphasized the need for Indian banks to invest in AI and blockchain solutions to improve efficiency, security, and customer experience. These emerging technologies have the potential to revolutionize various banking processes, including fraud detection, customer onboarding, loan approvals, and data management.
AI-powered Chatbots and Blockchain: Transforming Customer Support and Streamlining Financial Transactions
By adopting AI-powered chatbots, banks can enhance customer support and provide personalized assistance, while blockchain technology can ensure secure and transparent transactions. The use of smart contracts can streamline complex financial agreements and reduce administrative costs.
This call to action reflects the increasing recognition of AI and blockchain as transformative forces in the banking sector. Banks that proactively integrate these technologies into their operations can gain a competitive edge, attract tech-savvy customers, and drive innovation in financial services.
As the financial landscape evolves, Indian banks are encouraged to collaborate with fintech startups, technology providers, and regulatory bodies to navigate the complexities of AI and blockchain implementation. Embracing these technologies will enable banks to adapt to changing customer expectations, enhance operational efficiency, and deliver cutting-edge financial services.
The future of banking in India lies in the seamless integration of AI and blockchain. By embracing these technologies, banks can position themselves as leaders in the #digital era and ensure long-term success in a rapidly evolving industry.
Elon Musk demands oversight of artificial intelligence
#Musk said that governments need to be concerned about deep intelligence in his keynote speech at an AI conference sponsored by the #Chinese government.
On July 5, Musk reportedly said that governments should be concerned about deep intelligence and urged regulators to intervene to stop its abuse in a video keynote talk at an #AI conference supported by the Chinese government.
I do believe that while developing artificial general intelligence or very deep intelligence, we should exercise extreme caution. A computer intelligence known as #artificial general intelligence is superior to all human intelligence in every way. In response, Musk stated, "That is something we should be concerned about. It's important to have some sort of regulatory oversight."
#Musk said that governments need to be concerned about deep intelligence in his keynote speech at an AI conference sponsored by the #Chinese government.
On July 5, Musk reportedly said that governments should be concerned about deep intelligence and urged regulators to intervene to stop its abuse in a video keynote talk at an #AI conference supported by the Chinese government.
I do believe that while developing artificial general intelligence or very deep intelligence, we should exercise extreme caution. A computer intelligence known as #artificial general intelligence is superior to all human intelligence in every way. In response, Musk stated, "That is something we should be concerned about. It's important to have some sort of regulatory oversight."
#HotTrends
🇮🇳 Indian govt withdraws advisory mandating approval for new AI products
The Ministry of Electronics and Information Technology (MeitY), in a fresh advisory issued on March 15, scrapped the requirement for seeking government approval before launching #artificial intelligence (AI) products to the public. This follows widespread backlash from the industry. The IT ministry said that the advisory issued on March 15, under the IT Act 2000 and IT Rules 2021, supersedes the March 1 advisory where it had directed platforms to take "explicit permission" of the Centre before deploying "under-testing/unreliable" $AI models, etc. The fresh advisory does not contain any such provision.#BTC #ETH #sol
🇮🇳 Indian govt withdraws advisory mandating approval for new AI products
The Ministry of Electronics and Information Technology (MeitY), in a fresh advisory issued on March 15, scrapped the requirement for seeking government approval before launching #artificial intelligence (AI) products to the public. This follows widespread backlash from the industry. The IT ministry said that the advisory issued on March 15, under the IT Act 2000 and IT Rules 2021, supersedes the March 1 advisory where it had directed platforms to take "explicit permission" of the Centre before deploying "under-testing/unreliable" $AI models, etc. The fresh advisory does not contain any such provision.#BTC #ETH #sol
