ChatGPT

Top Tech news: Italian users can now use ChatGPT after a temporary prohibition of one month. A former SEC attorney criticizes Crypto as a Complete Flop.

Harshini Chakka

The ChatGPT chatbot can now again be accessed, according to Italian officials and OpenAI

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Layoffs at Qualcomm Start as Chipmaker Turns on Long-Term Growth.

Fast-Track Insights: A former SEC attorney criticizes Crypto as a Complete Flop.

OpenAI removed ChatGPT from the Italian market last month after the Data Protection Authority of Italy, also known as Garante, imposed a temporary ban on the artificial intelligence program and launched an investigation into the program's alleged violation of privacy laws. Al Jazeera reported that after the company "addressed or clarified" concerns raised by Italy's data protection authority, Italian authorities and OpenAI announced that access to the ChatGPT chatbot has been reinstated. After the Information Insurance Authority of Italy, otherwise called Garante, briefly prohibited ChatGPT and opened an examination concerning the man-made reasoning project's supposed infringement of protection regulations, OpenAI eliminated ChatGPT from the Italian market a month ago. According to Al Jazeera, the Italian Data Protection Authority described its action as temporary "until ChatGPT respects privacy."

Layoffs at Qualcomm have started! Global chipmaker Qualcomm is allegedly beginning job layoffs, which would affect both temporary and full-time workers, as the world economy continues to struggle with a slump. According to a report by IANS, Qualcomm is cutting staff as it aims to concentrate on long-term development. As a result, it has been suggested that Qualcomm may cut as many as 1,500 positions in California alone. The global chipmaker, it continues, "struggles to close its purchase of NXP while concurrently meeting its goal to cut costs by US$1 billion."

The logical output is produced by fuzzy logic systems in response to uncertain, disorderly, deformed, and incomplete fuzzy inputs. Artificially intelligent fuzzy logic is a method of problem-solving that resembles human reasoning. The strategy will be an exact reproduction of how a person would decide, and it should consider all possible solutions to the issue along with a digital output of YES or NO. The fundamental logic system is an n-valued logic system that applies the scale of the input state and produces outputs depending on the input state and degree of change of these states. To provide a definitive output, the developer of fuzzy logic systems, therefore, incorporated all conceivable logic of inputs in the system. They support the management of uncertainty in tiny micro-controllers, car operations, electrical gadgets, etc. Read More

John Reed Stark, a former SEC lawyer, recently commented on cryptocurrencies on Twitter, describing them as an unsuccessful investment. Stark explained why he believes cryptocurrencies are failing as investments, currencies, stores of value, unbanked financial solutions, and safe havens in a series of tweets. He pointed to the absence of consumer protections, regulatory oversight, and transparency as significant contributors to these failures. Stark, who has no stake in cryptocurrencies but is a frequent critic of the SEC, also emphasized the prevalence of insider trading, market manipulation, and fraud in the cryptocurrency industry. Stark says that cryptocurrencies don't work as currencies because of their volatility, high fees, expensive taxes, and endless risks. He likewise exposed the story of cryptographic forms of money as a store of significant worth, contending that they need utility and inborn advantage.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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