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What's New Today: Google, Meta, and Amazon are employing H1-B workers in response to layoffs in the United States.
Fast-Track Insights: EU Council has adopted new rules for Europe's cryptocurrency markets.
With the developing prominence of conversational simulated intelligence chatbots, ChatGPT, one of the professions that are gradually arising is Fast Designing. Simply last month, a task promotion had acquired consideration online in which a San Francisco-based computer-based intelligence startup was searching for a Brief Specialist and a Curator with a compensation of up to US$335,000 every year. This amount approximates Rs 2.7 crore when converted into INR. Because Prompt Engineering is so well-liked, people have started to teach other people how to do it right.
According to the most current US Department of Labour statistics, companies such as Meta, Amazon, Salesforce, and Microsoft have lately requested thousands of H1-B foreign worker visas, according to independent investigative journalist Lee Fang. This follows the announcement of thousands of job losses by many US internet companies, including Google and Meta. Google said earlier this month that it will lay off 12,000 employees.
Artificial intelligence is changing the world as far as we might be concerned, with its effect created by ChatGPT felt across each industry. In any case, not these progressions are fundamentally sure. We cannot ignore the fact that AI lacks an inherent moral compass or fact-checking system to guide its decision-making, even though it offers exciting new opportunities in many areas. As the world becomes more AI-centric, you should always fact-check everything you hear. It's not a good idea to trust AI blindly because some tools can manipulate data, completely misunderstand context, and be confidently wrong at the same time. Read More
The EU Council, comprised of the finance ministers of the member countries, enacted the Markets in Crypto Assets (MiCA) law. The collection of laws establishes a Union-wide regulatory framework for crypto assets, their issuers, and crypto service providers. According to the Council, the formal adoption is the final stage in the legislative process. It comes after a provisional agreement was achieved in June 2022, following trilogue talks with the European Parliament and the Commission, and an April vote by EU MPs. "I am very pleased that today we are delivering on our promise to start regulating the crypto-assets sector," said Sweden's finance minister, Elisabeth Svantesson.
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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.
