The Federal Reserve (Fed), Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) jointly established principles to ostensibly offer a framework for banks, savings associations, and nonbank systemically important financial institutions (SIFIs) with at least $100 billion in total consolidated assets to focus on material climate-related risks. The regulators indicated […]
Bezos Earth Fund is donating $100 million and accepting proposals from experts across fields on how AI technology can be used to help combat climate change. about Bezos Earth Fund, here.
UK fans estimated to have lost over £1 million since tickets went on sale and thousands have fallen victim, losing an average of £332 each.
World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.
In this week’s Digiday+ Research Briefing, we examine BuzzFeed’s plans to pivot the business to an AI-driven tech and media company, how marketers’ use of X and ad spending has dropped dramatically, and how agency executives are fed up with Meta’s ad platform bugs and overcharges, as seen in recent data from Digiday+ Research.
On the forefront of recent discussions surrounding fair training practices for AI companies, Soundtrack Loops — with its diverse portfolio of assets — aims to ‘kickstart a shift into more widespread ethical AI training practices.’ Moreover, the company’s founders believe their catalog ‘presents an enormous opportunity for AI generation of incidental music.’ As music IP […]
The seventh-annual report on the global state of artificial intelligence from Stanford University's Institute for Human-Centered Artificial Intelligence offers some concerning thoughts for society: the technology's spiraling costs and poor measurement of its risks. According to the report, "The AI Index 2024 Annual Report," published Monday by HAI, the cost of training large language models such as OpenAI's GPT-4 -- the so-called foundation models used to develop other programs -- is...
Artificial intelligence (AI) is revolutionizing the art world, offering artists innovative tools to expand their creative horizons. By integrating AI into your artistic process, you can achieve a level of precision and control that was previously unimaginable. AI empowers you to blend traditional techniques with innovative technology, resulting in unique and compelling artwork that stands […]
Time and again, leading scientists, technologists, and philosophers have made spectacularly terrible guesses about the direction of innovation. Even Einstein was not immune, claiming, “There is not the slightest indication that nuclear energy will ever be obtainable,” just ten years before Enrico Fermi completed construction of the first fission reactor in Chicago. Shortly thereafter, the consensus switched to fears of an imminent nuclear holocaust. Similarly, today’s experts warn that an...
As we commemorate Anzac Day, and the fallen Australian soldiers who fought and lost their lives at Gallipoli, now more than ever…What to read next: Australia does not need a policeman for a police state | Australia’s e-Safety Karen | Australia fails to protect children from gender experiments | The Albanese government is our biggest national security threat
An expert group in Denmark has recommend the use of AI tools such as ChatGPT in examinations at the country’s schools and colleges.