What's New Today: Around 7,000 jobs will be lost as Walt Disney Layoffs begin.
Fast-Track Insights: Binance CEO Changpeng Zhao and a US regulator are being sued.
A Twitter user claimed that the AI chatbot ChatGPT accurately diagnosed a blood condition that veterinarians were unable to identify, thereby saving his dog's life. The user, who uses the Twitter handle @peakcooper and goes by the name Cooper, stated that his dog Sassy had been diagnosed with a tick-borne disease, but that despite taking the prescribed medication, the symptoms continued to get worse. "#GPT4 saved the life of my dog. The veterinarian started my dog on the appropriate treatment after she was diagnosed with a disease spread by ticks. Despite severe anemia, her condition appeared to be improving somewhat. However, "things took a turn for the worse after a few days," Cooper tweeted.
Almost a week after rumors of widespread layoffs spread, Walt Dinsey's layoffs reportedly began on Monday. According to reports, this round of layoffs at Walt Disney Co. may result in the loss of approximately 7,000 jobs. The layoffs are expected to impact a number of the company's divisions. In a letter to employees, Disney CEO Bog Iger said that layoffs are taking place to "create a more streamlined business," as reported by Reuters. In addition, the company is attempting to reduce costs by cutting jobs during widespread economic uncertainty.
Like other industries, artificial intelligence (AI) is transforming the healthcare sector in various ways. Artificial intelligence can potentially improve the speed, effectiveness, and efficiency of global health systems. The rising number of patient data sets and the rising demand for lower healthcare costs will drive the global revenue of artificial intelligence in the healthcare market. Applications such as radiology, patient risk identification, drug discovery, and diagnosis, to name a few, have all been transformed by AI, which has been a game-changer in the healthcare industry. Recent AI in healthcare trends such as drug design, data mining, and surgical robots are also transforming the industry's growth. Read more
The Commodity Futures Trading Commission (CFTC), a prominent US market regulator, brought charges on Monday against the cryptocurrency giant Binance and Changpeng Zhao, the company's founder, and CEO, for operating what the CFTC described as an "illegal" exchange and a "sham" compliance program. "While engaging in a calculated strategy of regulatory arbitrage to their commercial benefit," the CFTC charged Binance, Zhao, and its former top compliance executive with "willful evasion" of US law. The charges against Binance, the largest cryptocurrency exchange in the world, were part of a campaign to "find and stop misconduct in the volatile and risky digital asset market," according to Rostin Behnam, chairman of the CFTC.
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