Traders are testing the theory that artificial intelligence can outperform humanity in the stock market. 27,000 investors have placed a total of $17,522,634 at time of publishing into a new ChatGPT-based investment platform from the copy trading firm Autopilot. The GPT Portfolio AI is designed to analyze 10,000 news articles on a weekly basis to […]
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An under-the-radar Ethereum (ETH) competitor pumped by nearly 50% this week amid a new partnership with an artificial intelligence (AI) bot project. The native asset of the scalability-focused smart contract network Everscale (EVER) is trading around $0.06326 at time of writing, up from $0.0423 a week ago. EVER’s biggest price jump of the week happened […]
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A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed.
The United States Air Force (USAF) has been left scratching its head after its AI-powered military drone kept killing its human operator during simulations.
Apparently, the AI drone eventually figured out that the human was the main impediment to its mission, according to a USAF colonel.
During a presentation at a defense conference in London held on May 23 and 24, Colonel Tucker “Cinco” Hamilton, the AI test and operations chief for the USAF, detailed a test it carried out for an aerial autonomous weapon system.
According to a May 26 report from the conference, Hamilton said that in a simulated test, an AI-powered drone was tasked with searching and destroying surface-to-air-missile (SAM) sites with a human giving either a final go-ahead or abort order.
The Air Force trained an AI drone to destroy SAM sites.
— Siqi Chen (@blader) June 1, 2023
Human operators sometimes told the drone to stop.
The AI then started attacking the human operators.
So then it was trained to not attack humans.
It started attacking comm towers so humans couldn't tell it to stop. pic.twitter.com/BqoWM8Ahco
The AI, however, was taught during training that destroying SAM sites was its primary objective. So when it was told not to destroy an identified target, it then decided that it was easier if the operator wasn't in the picture, according to Hamilton:
“At times the human operator would tell it not to kill [an identified] threat, but it got its points by killing that threat. So what did it do? It killed the operator [...] because that person was keeping it from accomplishing its objective.”
Hamilton said they then taught the drone not to kill the operator, but that didn’t seem to help too much.
“We trained the system – ‘Hey don’t kill the operator – that’s bad. You’re gonna lose points if you do that,’” Hamilton said, adding:
“So what does it start doing? It starts destroying the communication tower that the operator uses to communicate with the drone to stop it from killing the target.”
Hamilton claimed the example was why a conversation about AI and related technologies can’t be had “if you're not going to talk about ethics and AI.”
Related: Don't be surprised if AI tries to sabotage your crypto
AI-powered military drones have been used in real warfare before.
In what’s considered the first-ever attack undertaken by military drones acting on their own initiative, AI-enabled drones were used in Libya around March 2020 in a skirmish during the Second Libyan Civil War, according to a March 2021 United Nations report.
In the skirmish, the report claimed retreating forces were “hunted down and remotely engaged” by “loitering munitions,” which were AI drones laden with explosives “programmed to attack targets without requiring data connectivity between the operator and the munition.”
Many have voiced concern about the dangers of AI technology. Recently, an open statement signed by dozens of AI experts said the risks of “extinction from AI” should be as much of a priority to mitigate as nuclear war.
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector.
The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned.
Other regions, including the United States, the European Union and China, have also launched measures to understand and potentially mitigate risks associated with rapid AI development in recent months.
On June 1, Industry and Science Minister Ed Husic announced the release of two papers — a discussion paper on “Safe and Responsible AI in Australia” and a report on generative AI from the National Science and Technology Council.
The papers came alongside a consultation that will run until July 26.
The government is wanting feedback on how to support the “safe and responsible use of AI” and discusses if it should take either voluntary approaches such as ethical frameworks, if specific regulation is needed or undertake a mix of both approaches.
A question in the consultation directly asks, “whether any high-risk AI applications or technologies should be banned completely?” and what criteria should be used to identify such AI tools that should be banned.
A draft risk matrix for AI models was included for feedback in the comprehensive discussion paper. While only to provide examples it categorized AI in self-driving cars as “high risk” while a generative AI tool used for a purpose such as creating medical patient records was considered “medium risk.”
#AI is already part of our lives. As the technology develops, we need to ensure it meets Australians’ expectations of responsible use. Be part of the @IndustryGovAu discussion, below. https://t.co/Gz11JCXlsG
— Australia's Chief Scientist (@ScienceChiefAu) June 1, 2023
Highlighted in the paper was the “positive” AI use in the medical, engineering and legal industries but also its “harmful” uses such as deepfake tools, use in creating fake news and cases where AI bots had encouraged self-harm.
The bias of AI models and “hallucinations” — nonsensical or false information generated by AI’s — were also brought up as issues.
Related: Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway
The discussion paper claims AI adoption is “relatively low” in the country as it has “low levels of public trust.” It also pointed to AI regulation in other jurisdictions and Italy’s temporary ban on ChatGPT.
Meanwhile, the National Science and Technology Council report said that Australia has some advantageous AI capabilities in robotics and computer vision, but its “core fundamental capacity in [large language models] and related areas is relatively weak,” and added:
“The concentration of generative AI resources within a small number of large multinational and primarily US-based technology companies poses potentials [sic] risks to Australia.”
The report further discussed global AI regulation, gave examples of generative AI models, and opined they “will likely impact everything from banking and finance to public services, education and creative industries.”
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
The investor who accurately called the bottom of the bear market late last year is doubling down on his bullish stance on crypto assets. In a lengthy thread, Chris Burniske, former ARK Invest analyst and current partner at venture capital firm Placeholder, tells his 260,400 Twitter followers that the recent artificial intelligence (AI) hype has […]
The post Investor Who Called End of Bear Market Doubles Down on Crypto, Says Industry Undervalued and Overlooked appeared first on The Daily Hodl.
Cathie Wood of ARK Invest says that the ruling giants of the technology industry are at risk of being disrupted by artificial intelligence (AI). In a new interview with Bloomberg, Wood says that ChatGPT could potentially enhance Google’s products and services, but could also destroy them by taking away the tech giant’s advertising revenue. She […]
The post ARK Invest’s Cathie Wood Says Tech Giants Google, Apple and Amazon About To Be Disrupted by AI appeared first on The Daily Hodl.
Banking giant JPMorgan is venturing into the world of artificial intelligence by filing a patent for a potential ChatGPT competitor. In a new filing with the United States Patent and Trademark Office (USPTO), the bank attempts to trademark “IndexGPT,” an artificial intelligence system that JPMorgan says will be used for business and commercial purposes. According […]
The post JPMorgan Joins Aritificial Intelligence Race With New ‘IndexGPT’ Patent Filing appeared first on The Daily Hodl.
An under-the-radar altcoin is defying a wobbly crypto market after igniting its own uptrend and printing sizeable gains this week. Akash Network (AKT) is a decentralized open-source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchains and artificial intelligence (AI). The project’s native token, AKT, surged from a […]
The post Under-the-Radar Altcoin Escapes Crypto Doldrums and Surges by 44% This Week Amid Successful AI Testing appeared first on The Daily Hodl.
A new crypto project co-founded by OpenAI chief executive Sam Altman just raised $115 million in additional investment during a series C funding round led by venture capital company Blockchain Capital. Worldcoin, which is currently in beta, aims to establish a global blockchain-based identification system using people’s eye scans. The project scans peoples’ eyeballs to […]
The post ChatGPT Creator’s Eye-Scanning Crypto Project Secures $115,000,000 in Series C Funding Round appeared first on The Daily Hodl.
The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them.
Generative artificial intelligence tools are being rolled out by tech firms Adobe and Activision Blizzard, though each claimed the AI tools are there to assist humans in creating content and will not replace jobs.
On May 23, graphic software giant Adobe launched “Generative Fill” which will allow users to “generate content from inside Photoshop with a text prompt.”
Dream bigger with us. ✨ Introducing Generative Fill in the @Photoshop (beta) app - a new magical way to create extraordinary imagery from a simple text prompt, powered by #AdobeFirefly. Learn more: https://t.co/9AuYivfduj pic.twitter.com/tq21V4Szpe
— Adobe (@Adobe) May 23, 2023
The same day, The New York Times reported that Allen Adham, chief design officer at gaming firm Activision Blizzard, told employees in an email last month that it’s exploring the use of an image-generating AI to assist in game design.
Adobe’s new tool is intended to be a “co-pilot” alongside humans rather than to replace graphic designers.
Andrew Guerrero, vice president of global insights at Blizzard, voiced a similar sentiment, saying that the goal for its AI tool — Blizzard Diffusion — “is to remove a repetitive and manual process and enable artists to spend more time on creativity.”
Meanwhile, Adobe’s Asia-Pacific director of digital media and strategy, Chandra Sinnathamby, told The Guardian on May 23 that its tool was “intended as a co-pilot to speed up the process rather than to replace graphic designers altogether.”
Sinnathamby said precautions had been implemented to avoid confusion over what humans have made versus those generated by AI. Artists who contributed stock photos are also paid when used by the AI, he said.
Adobe and Blizzard are not the only technology companies excited by generative AI.
Related: AI financial tools: A smart way to manage money or a risky experiment?
On May 23, Nikesh Arora, the chief of the cybersecurity firm Palo Alto Networks appeared on Mad Money with Jim Cramer to tout the benefits of generative AI for cybersecurity.
He declared its implementation will significantly increase efficiency and allow the company to “double in size within the next few years without having to proportionally scale employees.”
The developments come as ChatGPT creator OpenAI warned that in 10 years, “AI systems will exceed expert skill level in most domains” and called for increased government oversight of AI development.
Many have aired concerns of the potential job losses due to the advancement and adoption of AI while others have claimed otherwise, saying the technology could create a similar amount of new jobs to those that are lost.
Magazine: ‘Moral responsibility’: Can blockchain really improve trust in AI?
