Ethics – DIGIT INFO

AI took giant strides in 2024, as AGI comes into view

DIGIT — Tue, 31 Dec 2024 23:00:00 +0000

Amid a year of high points, challenges remain. How will AI developers deal with a looming data shortage, for instance?

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

DIGIT — Thu, 30 Mar 2023 00:34:56 +0000

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

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New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business

DIGIT — Sun, 18 Dec 2022 23:00:41 +0000

According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J. Ray III, recently told members of the U.S. Congress that Joseph Bankman […]

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Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal

DIGIT — Sat, 08 Jan 2022 20:30:54 +0000

Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations. Richard Clarida’s Trades Under Scrutiny The U.S. central bank can shake up […]

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AOC Says She Doesn’t Hold Bitcoin so the Lawmaker ‘Can Do Her Job Ethically’

DIGIT — Tue, 07 Dec 2021 18:30:47 +0000

Alexandria Ocasio-Cortez, otherwise known as AOC, is a New York representative well known for her political stances and statements. The Democrat believes that it is “absolutely wild” that U.S. representatives can buy and swap popular stocks. AOC also thinks it’s not ethical for members of Congress to own cryptocurrencies. AOC Doesn’t Hold Crypto Because She […]

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South African University to Commence Blockchain and Digital Currency Education in November

DIGIT — Mon, 04 Oct 2021 10:00:07 +0000

A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding of Blockchain As explained on UCT’s website, students that successfully complete […]

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After Fed Members Disclose Million-Dollar Stock Trades Fed’s Powell Initiates Ethics Inquiry

DIGIT — Fri, 17 Sep 2021 20:19:52 +0000

The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal Reserve branch, Robert Kaplan, benefitted from “multiple million-dollar-plus […]

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Can AI Be Ethical?

DIGIT — Tue, 13 Aug 2019 10:50:09 +0000

Technology in today’s world and economy is taking over a lot of monotonous jobs and, pretty soon, driving will become one of them, and when it does it will be a huge part of the economy. By 2050, driverless cars and mobility as a service is expected to grow to an astounding $7 trillion industry worldwide. From 2035 to 2045 it is anticipated that consumers will regain up to 250 million hours of free time that otherwise would be spent on driving. $234 billion in public costs will be saved by reducing accidents and damage to property from human error,

The post Can AI Be Ethical? appeared first on The Merkle Hash.

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Taiwanese Candidate Accepts Crypto Donations, California Bans Them

DIGIT — Sat, 22 Sep 2018 03:05:08 +0000

Using cryptocurrency for political donations has been a hot topic in many societies. Two recent developments demonstrate different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations can help keep his country’s political system clean and transparent. At the same time, the California campaign watchdog says cryptocurrency […]

The post Taiwanese Candidate Accepts Crypto Donations, California Bans Them appeared first on Bitcoin News.

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US Bitcoin Futures Regulator Allows Employees to Trade Crypto

DIGIT — Thu, 01 Mar 2018 06:30:45 +0000

While private businesses all over the world struggle with employees so much as possessing cryptocurrency, the US Commodity Futures Trading Commission (CFTC) has reportedly given the full go-ahead to its employees trading crypto. Also read: How To Regain Control From Nanny Zuck CFTC Allows Employees to Trade Cryptocurrency Robert Schmidt reports that bitcoin futures regulator CFTC […]

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