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Top Tech News Today: AI Chatbot ChatGPT Falls Prey to Hypnosis and Hacking. Business Crypto Wallet MPCVault Reaches $500M Milestone in Record Time

Harshini Chakka

Researchers Hack AI Chatbot ChatGPT Using Hypnosis Techniques to Trick the LLMs

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

What's New Today: Dell Cuts Sales Staff, Shifts to Partner-Led Strategy

Fast-Track Insights: Business Crypto Wallet MPCVault Reaches $500M Milestone in Record Time

A recent paper has cautioned that using generative AI to aid in frauds and hacks does not need extensive coding skills. According to IT giant IBM, researchers have disclosed easy ways to trick large language models (LLMs), such as ChatGPT, into writing harmful code and giving bad security advice. According to Chenta Lee, chief architect of threat intelligence at IBM, "To explore security risks posed by these innovations, we attempted to hypnotize popular LLMs to determine the extent to which they were able to deliver directed, incorrect, and potentially risky responses and recommendations — including security actions — and how persuasive or persistent they were in doing so.

To improve its market strategy, Dell has launched a partner-driven model. A rearrangement of the company's sales teams will occur as part of this change, which might lead to some team members leaving. If these changes are in addition to the 6,650 job cuts announced earlier this year, Dell has not officially said they are. According to a CRN report, Dell is prepared to transform its sales environment with an emphasis on enabling its direct sales staff to push storage products through partner channels. This redesigned model aims to motivate sales reps by offering them more remuneration for generating sales in the storage product area.

AI drift occurs when an AI system's performance and behavior change over time, often due to the evolving nature of the data it interacts with and learns from. This can result in the Artificial intelligence system making predictions or decisions that deviate from its original design and intended purpose. In essence, AI model drift is a form of algorithmic bias that can lead to unintended consequences and potentially harmful outcomes. Read More

 There are few solutions available to help businesses manage their digital assets, even though several have been created to suit consumer demand for crypto. Thus, many businesses find themselves holding a sizable quantity of Bitcoin in self-custodial wallets and centralized exchanges that are inadequate for commercial needs, similar to a company managing its funds through a consumer bank. To serve crypto firms similarly to an enterprise bank serving traditional businesses, Jason Li and his co-founders founded MPCVault, which provides non-custodial, multi-signature crypto wallets as a service.

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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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