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Top Tech News Today: Poor Results from ChatGPT in US Urologists’ Exam. As the US Prepares for a Slowing Down, Crypto Companies are Looking Overseas

Harshini Chakka

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

What's New Today: Despite filing 1,000 applications for jobs, a Microsoft engineer gets the cold shoulder during the hiring freeze.

Fast-Track Insights: As the US prepares for a slowing down, crypto companies are looking overseas.

The research, which was published in the journal Urology Practise, revealed that ChatGPT only got fewer than 30% of the questions on the commonly used Self-Assessment Study Programme for Urology (SASP) right. Christopher M. Deibert from the University of Nebraska Medical Centre stated that "ChatGPT not only has a low rate of correct answers regarding clinical questions in urologic practice but also makes certain types of errors that pose a risk of spreading medical misinformation."  The Self-Assessment Study Programme (SASP) of the AUA is a practice test with 150 questions covering the fundamentals of urology medical knowledge. Less than 30% of SASP questions, 28.2% of multiple-choice questions, and 26.7 percent of open-ended questions were overall correctly answered by ChatGPT.

Tech companies were welcoming additional personnel during the epidemic as demand for digital services increased in anticipation of a rise in sales. But when the recession and geopolitical issues hurt sales and led to layoffs and a hiring freeze, the industry's excitement eventually faded. This fact was brought home to a Microsoft employee when, after putting out more than 1,000 applications since his termination in March, he received a cold shoulder from IT companies. The engineer from the US should have had an easier time finding employment given that he had experience working for a major computer company like Microsoft, but instead, he received just 57 calls, 15 interviews, and three final rounds.

The development, application, and capabilities of AI-based systems are evolving rapidly, leaving largely unanswered a broad range of important short and long-term questions related to the social impact, governance, and ethical implementations of these technologies and practices. In this article, we will discuss what AI governance can learn from Crypto's Decentralization Ethos and why there is a need for governance. Many sectors of society rapidly adopt digital technologies and big data, resulting in the quiet and often seamless integration of AI, autonomous systems, and algorithmic decision-making into billions of human lives. Read More

The government's surge of enforcement actions against Bitcoin businesses is starting to reshape the sector. The biggest cryptocurrency exchange in the US, Coinbase, has established a company in Bermuda. A license in the United Arab Emirates is being sought by Gemini, a competitor company with headquarters in New York. Additionally, the Seattle-based exchange Bittrex has stopped operating in the US. An increasing number of US cryptocurrency companies, notably the exchanges where users can buy and sell digital tokens, are considering plans to expand their operations abroad after years of attempting to shape federal law in the US. They are growing into new markets while considering their options for exiting the nation altogether.

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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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