Don’t be afraid of AI, says Yann LeCun, the “godfather” of AI. Hong Kong asks three major banks to provide services to cryptocurrency exchanges.

AI News

technology news

The comments were made by a senior AI researcher at Meta during a press conference in Paris.

Good morning, tech fammies. We invite you to take a look at some of the latest technical information.

What’s new today: Oracle’s medical division is shrinking due to job cuts and cancellation of job offers.

Fast Track Insights: Hong Kong asks three major banks to provide services to cryptocurrency exchanges.

AI is getting a lot of attention. Since the introduction of the sensational chatbot ChatGPT by OpenAI, the public backlash against AI taking human jobs has grown rapidly. Unfounded concerns about unemployment have been expressed by millions. These concerns are exacerbated by rapid advances in AI technology. But perhaps the whole world breathes a sigh of relief.

Software company Oracle (ORCL.N) on Thursday cut open positions in the health sector, canceled job offers and laid off hundreds of employees, an insider said, citing three people familiar with the situation. . U.S. businesses are dealing with high levels of inflation and rising interest rates, leading to thousands of job layoffs. Cerner, an electronic medical records company, is part of Oracle’s medical division. Last December, Oracle acquired Cerner for $28.3 billion, making it the largest acquisition in the company’s history.

Generative AI platforms at ChatGPT and other companies have grown significantly. Ultimately, these artificial intelligence platforms can perform a wide variety of tasks, from email and coding to project management and customer care support, at the right cues. However, the technology is highly controversial, with various critics concerned about the impact AI may have on the commercial arena. The main driving force behind the move to outlaw generative AI is uncertainty over its accuracy, but there are many other arguments in favor of doing so. read more

The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to accept cryptocurrency exchanges as customers. In a letter to banks dated 27 April, the HKMA said that conducting due diligence on potential clients would be “excessive”, especially for “those with offices in Hong Kong and looking for opportunities here.” It should not create a burden on

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *