Crypto News
“Americans Fear Artificial Intelligence: Poll Results Reveal Startling Reality”
It turns out that years of movies showing countless doomsday scenarios around advanced AI does not endear the public to the idea of mainstream adoption of artificial intelligence. A new Reuters/Ipsos poll finds that 61% of Americans see AI as a threat to humanity—22% did not, and 17% were unsure. Since OpenAI’s ChatGPT was released in November, the race to bring generative A.I. to the public went into overdrive as companies like OpenAI, Google, and Microsoft competed for market dominance. Even though Skynet and the T-800 are still works of fiction, billionaire investor Warren Buffett likened the A.I. arms race to the development of the atomic bomb.
Billionaire investor Warren Buffett, OpenAI co-founders Elon Musk and Sam Altman, and the Writers Guild of America have all voiced concerns about the potential dangers of A.I. Elon Musk even signed an opening letter calling for a pause in AI development in March. A Reuters poll of 4,415 adults in the U.S. showed that distrust in A.I. skewed higher amongst Americans who voted for former President Donald Trump at 70%, compared to 60% who voted for current President Joe Biden. Altman also called for the regulation of A.I. to ensure that safety standards regarding technology development are followed.
This news shows that there is a general distrust of AI and the potential dangers it can bring, leading to calls for regulation and public education. It is important to be aware of the potential risks of AI development, and to ensure safety standards are followed. #AI #ArtificialIntelligence #Regulations #SafetyStandards #PublicEducation
You can read more about this topic here: Decrypt: Most Americans See Artificial Intelligence as a Threat, New Poll Finds
The post “Americans Fear Artificial Intelligence: Poll Results Reveal Startling Reality” first appeared on Byte Syze Crypto.
Tron founder and advisor to the exchange, Justin Sun, has stated that Huobi could get a Hong Kong crypto license in six to twelve months. Specifically, Sun told Coindesk that the exchange applied to become a virtual asset service provider (VASP) last week. Additionally, Sun discussed the process of the VASP application and his belief that the crypto exchange could have an answer by the end of the year. Huobi had recently relocated to Hong Kong, aiming to launch Huobi Hong Kong by the summer. Sun was asked about embracing potential competition in the Canadian market and noted the strict regulatory standards in the country, referring to the Caribbean, Hong Kong, and Japan. There has been no verification of other cryptocurrency exchanges that have applied for a similar license, however, Coindesk reported Sun’s expectation that five to six other exchanges could make the move.
This news is good for Huobi as they are in the process of obtaining a crypto license in Hong Kong, which would allow them to operate in the region and serve customers. Other exchanges may also apply for the license, and the grace period given to the exchange could provide them with the opportunity to get approval in the next six to twelve months.
#Huobi #HongKong #CryptoLicense #VASP #JustinSun
You can read more about this topic here: Watcher Guru: Justin Sun Says Huobi Could Get Hong Kong Crypto License in 6-12 Months
The post Justin Sun Predicts Huobi Crypto Exchange to Secure Hong Kong License in Under a Year first appeared on Byte Syze Crypto.
#CryptoSafety #RugPulls #DefiExploits #ProtectInvestors
You can read more about this topic here: Watcher Guru: Crypto Rug Pulls Outvalued Defi Attacks in May, $45 Million Lost
The post Crypto Rug Pulls: How $45 Million In Defi Attacks Were Lost In May first appeared on Byte Syze Crypto.
The Commodity Futures Trading Commission (CFTC) has proposed a re-modelled rule-set for risk management as part of its effort to respond to the U.S. banking crisis. Commissioner Christy Goldsmith Romero highlighted the need for such regulations due to the risks posed by the emergence of technologies like crypto, AI, and cloud services. The CFTC’s advance notice of proposed rulemaking will be open for public comments for 60 days. The final version will then be voted upon. #CFTC #RiskManagement #Crypto #Regulations
You can read more about this topic here: Watcher Guru: Crypto: U.S. CFTC Looking to Change Risk Rules
The post CFTC Set to Revamp Risk Regulations: How it Impacts the Crypto Industry first appeared on Byte Syze Crypto.
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