Can blockchain solutions disrupt US inflation forecasting?
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science. Go to Source
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Biden AI executive order ‘certainly challenging’ for open-source AI — industry insiders
The executive order on AI safety from the Biden Administration has laid out its standards for the industry though its vagueness has raised concerns among the AI community over stifling innovation. Go to Source
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.” Go to Source
NIST establishes AI Safety Institute Consortium in response to Biden executive order
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.” Go to Source
UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk
The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk. Go to Source
Biden administration releases executive order for new AI safety standards
The U.S. government’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government. Go to Source
US expands export controls for AI semiconductor chips to China
The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements expansions and a notification requirement, among others. Go to Source
Biden considers tightening AI chip controls to China via third parties
The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips. Go to Source
Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur Hayes
Bitcoin is witnessing a 16-year high in 30-year U.S. government bond yields, and money printing is all but guaranteed, says the ex-BitMEX CEO. Go to Source
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability. Go to Source
