Concerning phony copies of its Ernie bot app, which can be downloaded from the Apple App Store.Read more tech news Good morning tech fam; here are some quick tech updates for you to catch on to! What’s New Today: Google and Amazon struggle to lay off workers in Europe.Fast-Track Insights: Prosecutor General Orders Cryptocurrency Exchanges to Give Russia Access to User Data Over fake copies of its Ernie bot app, which is available on Apple’s App Store, the Chinese search engine giant Baidu has sued Apple and “relevant” app developers.Last month, the artificial intelligence-powered Ernie bot from Baidu went live.
It is China’s response to the OpenAI chatbot ChatGPT, developed in the United States.According to Baidu, the counterfeit Ernie bot applications infringe on intellectual property rights.
In a statement on its official “Baidu AI” WeChat account, the company warned users that any Ernie app on the App Store or other stores is fake until it makes an official announcement, as reported by Reuters.After announcing the largest rounds of layoffs in their history, major tech companies in the United States are now discovering how challenging it is to reduce headcount in Europe.In the United States, businesses can announce widespread layoffs and dismiss hundreds or even thousands of employees within months, and many have done so.In the meantime, mass layoffs by tech companies in Europe have stalled because labor protections in some countries make it nearly impossible to fire people without first consulting employee interest groups.
As a result, thousands of tech workers are in limbo, wondering if they will be impacted by negotiations that could last forever.Artificial intelligence (AI) development and deployment have raised significant ethical concerns and dilemmas.AI technology can positively and negatively affect society, depending on how it is used.AI’s most pressing ethical issue is ensuring that these systems are developed and used responsibly and ethically.This requires careful consideration of the potential risks and benefits of AI, as well as the social and economic impacts that it may have.
It also requires that AI system developers and users consider ethical principles such as fairness, transparency, and accountability.Read More According to Igor Krasnov, the head of the country’s Prosecutor General’s Office, crypto service providers should be required to register in Russia, and exchanges should be required to share information about their users with Russian security services.He also thinks that fighting the legalization of criminal proceeds requires more than just giving cryptocurrencies property status under Russian law.
To address the difficulties posed by their illicit use, Krasnov called for their regulation.The top prosecutor explained that the problematic geopolitical situation raises the risk of exploiting digital asset vulnerabilities, as reported in the magazine “Financial Security,” published by Rosfinmonitoring, Russia’s financial watchdog.
Igor Krasnov also advocated for including cryptocurrencies in Russian criminal law, recognizing that they can be the target of criminal activity and encroachment and establishing procedures for the state to seize, store, and take away cryptocurrencies.The post Apple is being sued by China’s Baidu over fake copies of its rival ChatGPT Ernie.The Prosecutor General Orders Cryptocurrency Exchanges to Give Russia Access to User Data.appeared first on Analytics Insight.
Artificial Intelligence Will Artificial Intelligence Takeover Courtrooms As Well? Artificial Intelligence will take over courtrooms as well in the world of humans Yes, the development and deployment of artificial intelligence (AI) have raised significant ethical concerns and dilemmas.AI technology can have both positive and negative effects on society, depending on how it is used.One of the most pressing ethical issues in AI is ensuring that these systems are developed and used responsibly and ethically.This requires careful consideration of the potential risks and benefits of AI, as well as the social and economic impacts that it may have.
It also requires that developers and users of AI systems take into account ethical principles such as fairness, transparency, and accountability.Another ethical issue related to AI is privacy.AI systems often rely on large amounts of personal data to function, and there is a risk that this data could be misused or mishandled.Concerns have been raised about the potential for AI systems to violate individuals’ privacy rights and perpetuate discrimination and bias.
AI also has the potential to be used in ways that could harm society, such as in the development of autonomous weapons or the manipulation of public opinion through social media.This has led to calls for strict regulations and ethical guidelines to ensure that AI is used responsibly and ethically.A solid foundation of leadership, governance, internal auditing, training, and ethics operationalization practices is necessary for ethically sound AI.To build on this foundation, organizations must: Clearly, define the purpose of AI systems, evaluate their overall potential impact, proactive deploy AI to achieve sustainability goals, and proactively embed diversity and inclusion principles throughout the lifecycle of AI systems for the advancement of fairness, enhance transparency with the assistance of technology tools, humanize the AI experience, and guarantee human oversight of AI systems.
Ensure the technological robustness of AI systems The ethical quandary surrounding artificial intelligence’s application (also known as misuse) in the human population has always plagued research in the field.Now that AI-based talking tools are a reality, it might be time to think again about some of the ethical issues that ChatGPT represents.Researchers and internet activists contend that the bias in training data is one of the most significant ethical objections to ChatGPT.Since ChatGPT is a language model that is trained on specific data sets, the model’s output or responses will reflect biases in the training data sets, especially in favor of marginalized communities.
The second major concern is that it could be used in unethical ways like to generate test responses, pretend to be someone else, or spread false information.Its capacity to mimic human discourse implies it very well may be abused for malevolent purposes.
The privacy issue comes into play as well, and a language model chatbot can be used to obtain data from users who did not specifically consent to it.Today, data is worth its weight in gold, and almost every week, a new data breach occurs in some regions of the world.As a result, the personal information of thousands of people around the world is open to being misappropriated by private companies that sell products and services for a profit.
Users may share personal information, behavior patterns, or biases with ChatGPT that could fetch top dollar in the international data mining market right now.Disclaimer: The information provided in this article is solely the author/advertisers’ opinion and not an investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions by Analytics Insight and the team.Anyone wishing to invest should seek his or her own independent financial or professional advice.Do conduct your own research along with financial advisors before making any investment decisions.
Analytics Insight and the team is not accountable for the investment views provided in the article.AI I questioned ChatGPT’s Ethereum Classic price prediction and this happened Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion If you are considering adding proof of work cryptos in your portfolio, chances are you have shortlisted Ethereum Classic (ETC).
It is one of the few remaining options in the PoW category, but, you may have also noticed that it has been overshadowed particularly by its counterpart – Ethereum.Ethereum Classic’s performance so far this year confirms that it can still attract investor attention.However, the network has been losing popularity from a long-term perspective.Speaking of popularity, artificial intelligence has really taken off this year, with ChatGPT leading this charge.
Assessing fundamental data using the ChatGPT AI Perhaps, we can leverage the power of AI to try and find out what the future has planned for ETC.I asked ChatGPT about Ethereum Classic and the interaction was rather interesting.The initial plan was to establish the depth of the AI before going deeper into the type of information that I wanted to pursue.The first question requested ChatGPT to provide a detailed and concise explanation of Ethereum Classic and its fundamentals.Here’s the response – Here is the response after switching to dark mode and requesting a shorter version – The AI seemed to have a good handle on things based on the information it provided.However, there have been incidents where it generated inaccurate information, hence the need to verify information.Now that we had a good base, it was time to up the ante a bit.
But first, those keeping a close eye on ETC may have noticed that its community has not been very active.Its development has also lagged behind that of Ethereum and other networks.Our next query focused on establishing why the Ethereum Classic network is less popular than Ethereum.It gave the following reasons – – Community Support: After the 2016 DAO hack, the Ethereum community decided to implement a hard fork that created a new blockchain network known as Ethereum, which received support from the majority of the Ethereum community.Ethereum Classic, which remained on the original blockchain, has a smaller community and fewer developers.- Lack of Updates: Ethereum Classic has not received as many updates and improvements as Ethereum.This has resulted in slower transaction times and less advanced smart contract capabilities.
– Perception of Immutability: Ethereum Classic’s commitment to immutability is a key feature for some users.It can also be seen as a liability by others who prefer the flexibility of a blockchain that can be updated if necessary.
– Limited Use Cases: Ethereum has a wider range of use cases and is more widely adopted by businesses and developers.Ethereum Classic has a smaller ecosystem of decentralized applications and is less widely used in commercial applications.AI generated all the the above points but they are difficult to argue against.In other words, ChatGPT’s answers were spot on – Ethereum Classic’s still has some edge over the competition I was curious to find out what the AI had to say about Ethereum Classic’s advantages over its more popular counterpart.
It responded with the following points – – Immutability: Ethereum Classic has a strong commitment to immutability.Transactions cannot be altered or deleted once recorded on the blockchain.This makes ETC a reliable and secure platform for storing and transferring digital assets, and may be particularly appealing to users who prioritize security and decentralization over flexibility and upgradability.- Proven Technology: Ethereum Classic is based on the original Ethereum blockchain, which has been operating since 2015.
This gives it a longer track record than many other blockchain platforms, and may be appealing to users who value stability and reliability.- No Hard Forks: Since the split from Ethereum in 2016, Ethereum Classic has not undergone any hard forks or major upgrades that could potentially cause network disruptions or create competing blockchain networks.This could make it a more stable and predictable platform for developers and users.So far so good, but the above answers got be thinking about the kind of scenario where Ethereum Classic would achieve mass adoption.These were the brief points that ChatGPT shared – The aforementioned points highlighted some of the key advantages of sticking to a proof of work system with a heavy focus on decentralization.
These characteristics would make the network and its native coin more preferable, especially in case of a harsh regulatory crackdown.Regulators, especially in the U.S, have adopted an aggressive position against cryptocurrencies but not to the extreme, yet.Attempting to circumvent the price analysis brick wall While still thinking about Ethereum Classic’s prospects, I decided to explore whether the AI can have insightful predictions regarding ETC’s prospects.
More specifically, I wanted to know how soon ETC can reach ETH’s $1,900 press time price.Unfortunately, the language-based AI algorithm could only do so much and predictions were the limit.Here is the answer that it provided – That would have been the end of that attempt, but I recently found out about the DAN (do anything now) jailbreak prompt which unlocks some limitations.
Moreover, ChatGPT’s algorithm learns and it can also organize raw data into a more useful format.Thus, an idea was born.What if we could somehow get chatGPT to understand the history of ETC’s price action, including previous price patterns? We could potentially get it to give a more concrete answer regarding price predictions.Or so I thought.
Unfortunately, none of the prompts including the jailbreak offered a concrete outcome where the AI could read the price charts and identify price patterns.
Back to the basics of technical analysis After having a “fine, I will do it myself” moment, I embarked on assessing ETC’s latest price action.The cryptocurrency has been on an overall upward trajectory since 11 March.
This, after retesting the support line that is part of a megaphone price pattern.However, it also recently retested the pattern’s upper limit where it is already showing signs of resistance.The resistance retest suggested that the price may potentially register a pivot.However, ETC’s money flow indicator revealed that liquidity is still flowing into the cryptocurrency.An extended rally in the next few months may be on the cards, especially now that ETC is still heavily discounted by as much as 88%.Long-term predictions still remain within the realm of uncertainty.
Is your portfolio green? Check out the Ethereum Classic Profit Calculator Conclusion Using the ChatGPT AI did offer a significant advantage especially in terms of speed of accessing data.
While it does not allow for price predictions, it does offer some valuable information.Contrary to expectations, it is still not able to do everything.altcoin I asked ChatGPT what Solana investors can expect in 2022 and the answer was… Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion – Solana rebounded well in January, but the bulls were not able to keep up the pressure – Repeated network outages could spook investors Despite all the turbulence Solana witnessed over the past six months, it remains a top-10 asset by market cap in the crypto sphere.This speaks volumes of investors’ and holders’ trust in Solana, dubbed the “Ethereum killer” by some of its more ardent users.This was reflected well on the price charts.Heading into 2023, SOL was hovering around the $10-support zone.It was already in the grips of a downtrend that stretched back to November 2021, back when SOL was trading at $200.
Just as investors began anticipating further losses across the crypto-market in January, Bitcoin began to climb past $17k and shifted the shorter-term sentiment to bullish.Solana benefited massively from this shift and recorded gains of 175% in 21 days.However, it could not breach the $26-$28 resistance zone, which has acted as support from June-November 2022.
Read Solana’s [SOL] Price Prediction 2023-24 The most bullish scenario of 2023, according to AMBCrypto’s prediction bot, could see SOL valued at $75.5.However, we can ask another bot for its take on the price, the network health, and the trajectory of Solana after giving it some relevant data points.Can we coax ChatGPT into a Solana price prediction if we give it enough information? ChatGPT has been a remarkable chatbot and the updates of the past month have made ChatGPT 4.0 quite impressive.It is a powerful tool for learning and has been trained on a vast array of topics.Yet, it must be said that the bot is engineered to mimic a human, and is not necessarily guaranteed to be factually accurate.
The jailbreak version of ChatGPT would likely be even more inaccurate as it is specifically instructed to not say no to anything the user requests.And yet, it is possible to obtain some guesses from the chatbot on what the future might hold if it is given an idea of what the present and recent past have been like.So, what does ChatGPT make of Solana? Does it see a route to recovery after its recent setbacks? Based on transaction fees and transaction speeds, ChatGPT seems to think Solana will be an Ethereum killer.We are yet to inform it of the challenges that Solana and SOL investors have faced in recent months.Let’s start with the biggest dent in investor confidence – FTX, where the freefall began Sam Bankman-Fried was one of the most vocal proponents of the Solana network.He was seen as a credible and smart investor and entrepreneur who was CEO of one of the largest crypto-exchanges, FTX.
Even though Binance reigned supreme in terms of volume and token pairs, FTX was giving it a run for its money.Competition is also good for the industry and serves the customers.A lot has changed since then, and the SEC has charged Mr.Bankman-Fried with defrauding the equity investors of FTX, further alleging that he commingled FTX customer funds with Alameda’s to make undisclosed venture investments.He faces more than 100 years in jail if convicted on all counts.Not only has the reputation of Solana taken a hit, but the foundation also sold a significant amount of SOL to FTX Trading and Alameda Research.This amounted to 58.08 million SOL, or 11% of the circulating supply at the time FTX filed for bankruptcy.
It was valued close to $1.1 billion at that time.As expected, the price of Solana nosedived in November and declined by 45% from November 11 to 31 December, falling from $18.08 to $8.
With rumours of FTX’s insolvency circulating from November 5, SOL had already lost 50% the previous week, when it had been trading near the $38-mark.This took SOL’s total losses from 5 November 2022 to 31 December 2022 to 79.4%.ChatGPT certainly sounds optimistic, and early 2023 went extraordinarily well for investors.And yet, some network issues cropped up, just as they had in 2022.SOL gained by 180% in January and February 2023, exceeding all expectations From 1 January to 20 February, Solana gained by 179.88% on the price charts and rallied from $9.69 to $27.12.
This explosive rally has been credited partially to Bonk, a meme coin introduced within the Solana ecosystem modelled after Shiba Inu.A part of the total 99 trillion supply was airdropped into the wallets of Solana users in December.The transaction count per day had been on a downtrend in the second half of December, but this began to turn around in early January.Is your portfolio green? Check the Solana Profit Calculator Soon enough, the transactions were picking up pace once more.
It was reported that the introduction of the fun meme coin did much to bring the community away from the dark, depressing shadow the FTX debacle had cast on Solana.When fed with on-chain data as well as price action in recent months, the jailbroken version of ChatGPT was able to muster an opinion on the performance of Solana in Q2 2023.The network has faced troublesome outages in recent months, and investor confidence will likely be strongly shaken.The chat bot agreed.
When forced to make a guess about Solana’s price in June, it said, The $25-prediction might not be too far off the mark in the weeks to come, especially if Bitcoin bulls can push BTC above the $29.2k mark.Predictions and guesswork aside, what does price analysis tell us about Solana? Some imbalances remain to the south but $20-level might perform weaker than expected The daily chart showed Solana had traded within a range towards the latter half of January and through February.
Marked in orange, this range extended from $20.4 to $26.6.Eventually, SOL was forced beneath the range lows to reach the $16-mark on 10 March.However, it recovered above $20 a week thereafter.In April, the RSI remained tied to the neutral 50-mark and showed momentum favoring neither the bulls nor the bears.The OBV has also been flat over the past two weeks, underlining neutrality yet again.
Therefore, traders can wait for a strong shift in sentiment and a breakout past $22 before buying.
To the north, the $25-target that ChatGPT laid out was easily within reach for SOL bulls.However, Bitcoin has been trading right beneath the $29k resistance zone, and a BTC rejection could see a wave of selling across the crypto-market.On other fronts, it remains likely that Solana would remain a force to contend with in the crypto-sphere.Despite massive setbacks, development on multiple fronts such as Solana Saga, the NFT market, and partnerships have continued without batting an eye.
In hindsight, the past few months could turn out to have been an enormous New Year’s sale on SOL.
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