Top tech news: Defensive, Abusive, and Manipulative—ChatGPT is a Wonderful Extension of Who We Are! Elon Musk’s Attempt to Escape the “Funding Secured” Settlement is Rejected by the SEC

Experts compare ChatGPT with a blurry JPEG image of some text! Read more tech news

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

What's New Today: To Introduce Alternative Billing as of April 26, Google Writes to Indian Developers.

Fast-Track Insights: IMF Issues a Nine-Point Action Plan for Cryptocurrencies and Discourages their Use as Legal Money.

Numerous AI experts, such as Noam Chomsky, have denounced "AI-assisted high-tech plagiarism," which has generated ethical questions and posed a conflict of interest regarding plagiarism. Concerns about ChatGPT's promotion of individual growth and talent stunting, which has the potential to wither human intelligence, have been voiced by well-intentioned people. Future humans are more likely to imitate ChatGPT's writing style and less likely to worry that their own IQ is slipping. Science fiction writer Ted Chiang made a revelation that puts this fear in perspective. He compares ChatGPT to a blurry text image contained in a JPEG file. Even if it is hazy, the JPEG image still captures some of the original, and it is this haziness—or the gap between artificial and human intelligence—that makes any approximation errors "noticeable" to our subjective agency. The context for this article is established by this observation.

In order to comply with the new Google Play payments policy, which will allow alternate billing, developers have until April 26. According to the business, this was being done in reaction to recent regulatory changes in the nation. The search engine giant explained the change in an email obtained by ET: "This change means that developers can now offer an alternate payment system alongside Google Play's billing system to consumers in India making in-app purchases within Play-distributed apps on mobile phones and tablets." The CCI ordered the American corporation to implement over 20 modifications in the way its services are provided in India in its two judgements, which were issued on October 20 and October 25, respectively. These changes included offering customers alternate payment methods.

Many consider the Metaverse to be the next step in the evolution of the internet, and it is anticipated to depend heavily on Visual reality and Augmented Reality headsets, though it may ultimately become available from your phone or Computer without the need for a bulky headset or creepy-looking pair of AR spectacles. Neal Stephenson, an American author, created the phrase in his 1992 science-fiction novel Snow Crash. Humans engage with avatars in a 3D virtual environment in the novel, which is pretty much what we anticipate from the Metaverse. Aside from its name, numerous businesses are working on the next part of the internet right now. Read More

Elon Musk, CEO of Tesla, still needs a "Twitter sitter," according to the SEC, which contended in a letter to the U.S. Court of Appeals for the Second Circuit in New York this week. The SEC also argued that an earlier settlement agreement between them is totally legal and enforceable. Musk, who is now worth $1 billion, said on Twitter in 2018 that he had "financing secured" to sell his electric vehicle business for $420 per share and that "investor support" for the move had been "confirmed." Following his tweets, Tesla trading was suspended, and the share price of the manufacturer fluctuated for several weeks. In response to the SEC's charges stemming from those tweets, Musk and Tesla reached a settlement and inked an updated consent order in 2019. Tesla and Musk both agreed to pay $20 million fines as part of the settlement, and Musk also consented to give up his position as chairman of the board at Tesla for a period of three years.

The document, titled "Elements of Effective Policies for Crypto Assets," according to the global lender of last resort, was addressed by the Executive Board and offered "advice to IMF member nations on essential elements of a suitable policy response to crypto assets." When El Salvador became the first nation in Central America to accept bitcoin as legal tender in late 2021, the IMF criticized the nation. The first recommendation in the International Monetary Fund's nine-point action plan for how nations should handle crypto assets is a request to refrain from making cryptocurrencies like bitcoin official cash. The global lender of last resort said its Executive Board had discussed a paper, "Elements of Effective Policies for Crypto Assets," that provided "guidance to IMF member countries on key elements of an appropriate policy response to crypto assets." – according to the sources.