Top Tech News: Founder of OpenAI says that he is “scared” of ChatGPT and that it can “eliminate” human jobs. Opportunities for cryptocurrency in Europe are created by the U.S. banking cutoff.

Sam Altman, founder of OpenAI stated that ChatGPT has the potential to "eliminate" many human jobs. Read more tech news

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

What's New Today: Respect scheduled leaves: Amid cutbacks, Google representatives request these 5 things from Chief Sundar Pichai

Fast-Track Insights: Opportunities for cryptocurrency in Europe are created by the U.S. banking cutoff.

"I'm particularly worried that these models could be used for large-scale disinformation," Sam Altman said, raising concerns about the AI bot's potential for malicious use. They may be used for offensive cyberattacks now that they are better at writing computer code." He continues by stating that ChatGPT is a tool "very much in human control." But he worries about who will control it. There will be others who don't put a portion of the security furthest reaches that we put on. "I think society has a limited amount of time to figure out how to handle, regulate, and react to that," he says.

The company-wide layoffs that took place in January this year are centered on Google CEO Sundar Pichai. 12,000 people were laid off from Alphabet's workforce. Numerous employees shared their experiences with being fired. Employees at Google are concerned that the company may not stop here as a result of the job cuts that were made across a broad geographic area. Employees have written a public letter to Google CEO Sundar Pichai in response to the layoffs, requesting that the search engine company take some steps before considering layoffs.

The future of Artificial Intelligence (AI) plays an essential part in our daily existence and implementing social Intelligence is the next move toward the future of AI. Artificial intelligence is a discipline that uses computer science and large datasets to solve problems. It also includes the subfields of machine learning and deep learning, which are commonly discussed in the context of artificial intelligence. AI algorithms are used in these fields to build expert systems that make forecasts or categorizations based on incoming data.

The path of artificial intelligence will be shaped by artificial social intelligence (ASI) (AI). This essay starts with a cognitive science review of ASI, including social perception, theory of mind (ToM), and social contact. Following that, we look at the newly developed algorithmic equivalent in the AI field. Read more

Europe has a chance to profit from Silvergate and Signature Bank's demise as U.S. cryptocurrency companies search for alternatives. In terms of crypto innovation, Europe has occasionally struggled to keep up with the United States. It has appeared that the United States has been the center of cryptocurrency since its inception, whether through stablecoin adoption, trading volumes, or both. Consensus 2023 Logo Attend the most significant crypto and Web3 discussion from April 26 to 28 in Austin, Texas. Secure Your Seat: Europe has a chance to profit from Silvergate and Signature Bank's demise as crypto companies in the United States look for alternatives.

In terms of crypto innovation, Europe has occasionally struggled to keep up with the United States. It has appeared that the United States has been the center of cryptocurrency since its inception, whether through stablecoin adoption, trading volumes, or both. Kaiko, a leading provider of crypto data, employs Conor Ryder as a research analyst. However, the longer it takes U.S. banks to declare that they are open for crypto business, i.e., that they are open to taking in some of the millions of dollars that were parked at Silvergate, the more likely it is that crypto firms will choose Europe, which has simpler fiat payment rails and more regulatory clarity.

The Markets in Crypto-Assets Act (MiCA), which provides regulatory clarity in Europe, stands in stark contrast to the ambiguity that exists in the United States, where businesses face new regulatory obstacles almost daily. Any crypto company's operations face an increasingly challenging environment as a result. This will be a significant factor to take into account for both new and established market players.