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Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI

Social media and tech news pundits haven’t responded positively to the nomenclature.

Apple is set to reveal its answer to the artificial intelligence (AI) wildfire that’s sweeping the technology sector: Apple Intelligence. 

According to a report from Bloomberg, the Cupertino company will take to the stage during its Worldwide Developers Conference (WWDC) on June 10-14 to announce its new “Apple Intelligence” lineup of AI-powered products and services.

Apple’s plan, per the report, is to unveil a hybrid onboard/cloud approach to integrating AI services throughout its suite of products. Where available, iPhone and iPad will use discrete hardware (onboard chips) to run AI services and, in instances where more powerful models are needed, devices will rely on cloud services.

Read more

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Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by SocialfiFranklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including the pioneering app in the space, Friend.tech. Franklin Templeton Praises Base’s Performance, Comments […]

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Tech Stock Price Jumps Boost Ethereum (ETH) More Than Bitcoin (BTC), According to New CME Group Report

Tech Stock Price Jumps Boost Ethereum (ETH) More Than Bitcoin (BTC), According to New CME Group Report

A new report from CME Group says that tech stocks, the US dollar and Bitcoin (BTC) supply are key drivers that influence the movement of Ethereum (ETH). According to the derivatives giant, Ethereum gains more than Bitcoin when the prices of technology stocks increase. The report says that the ETH/BTC exchange rate tends to rise […]

The post Tech Stock Price Jumps Boost Ethereum (ETH) More Than Bitcoin (BTC), According to New CME Group Report appeared first on The Daily Hodl.

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The Agenda podcast chats with Energy Web on how to fight climate change with the help of blockchain

Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier, and why Energy Web is building on Polkadot.

This summer, parts of the United States are wilting under a multimonth stretch of sweltering heat, and data suggests that summer temperatures will continue to creep up in the coming years. The planet is on what seems to be a pretty clear path to soon reaching 1.5 degrees Celsius of warming for the first time since the preindustrial era, a milestone number that the world’s countries pledged to try to remain under in the 2015 Paris Agreement.

Humanity’s continued burning of fossil fuels combined with the return of the El Niño weather phenomenon has created a dangerous cocktail of rising temperatures that have been breaking records all around the world. In fact, July 6 was the world’s hottest day ever recorded — and possibly the hottest day in 100,000 years — with the month of July on track to be the hottest in recorded history.

Scientists say that short of drastic and monumental geoengineering projects, the only way to prevent the planet’s warming from remaining under 1.5 degrees Celsius is to rapidly phase out and ultimately stop the burning of fossil fuels. But modern society requires massive amounts of power to operate, so where will all that energy come from if fossil fuels are no longer practical?

The answer, according to organizations like Energy Web, lies in clean energy, or energy that does not release greenhouse gasses into the atmosphere.

On Episode 15 of The Agenda podcast, hosts Jonathan DeYoung and Ray Salmond speak with Energy Web CEO Jesse Morris about his views on climate change, decarbonization and how blockchain technology can help facilitate the move to clean energy.

The tech is actually already built and readily available

A particular highlight from the conversation was Morris’ comment that it’s the economics of the climate change industry that need adjustment. Morris said:

“Let’s just make it so that all these technologies that can help us decarbonize are cost-effective, and businesses will just adopt them.”

Of course, it’s slightly more complex than that, but according to Morris:

“One of the big overarching challenges is we just need our electricity to be green. And one of the ways we can make the electricity to be more green, the entire electric system, is to take this concept where, let’s say we have all of these different technologies that I was talking about earlier: electric cars, batteries, solar systems, heat pumps.”

In Morris’ view, better public policy messaging couched in digestible data and a more reasonable approach to governments’ climate change and environmental preservation objectives are needed. Morris said the first step is to “electrify everything” and:

“We have all those assets out there, which is kind of a naturally decentralized, distributed landscape with all of these assets that are out there. If we can network those things together digitally and basically use those to actually balance the grid instead of these big natural gas or coal-powered facilities, that’s a really efficient way to manage the electricity system — basically telling all of those different batteries and electric cars precisely when to and when to not use electricity. It’s kind of like a big distributed, decentralized battery that’s a really efficient and incredibly economically powerful tool for balancing the grid.”

Related: How blockchain technology and DeFi could help solve the housing crisis

What’s blockchain got to do with it?

Given the fact that environmentally friendly solutions are already in existence and ready to roll out, both DeYoung and Salmond were curious about the actual role and need for blockchain in these technologies. Morris explained that after six years of building and trialing different solutions, Energy Web honed in on “Green Proofs’ as the primary solution with a good product-to-market fit.

Green Proofs have applications ranging from green biofuels to Bitcoin (BTC) miners using only renewable and green energy and tracing how green the materials were that came in to create a battery.

According to Morris, “Blockchain plays a pretty key role. We use blockchains to actually represent those assets.”

“So basically, if I’m a fuel producer, I log in, I register, I upload data. An on-chain representation of that data is then used and can be moved around that ecosystem to sort of track who owns the digital certificate representing that unit of green fuel, for example.”

To hear more from Morris’ conversation with The Agenda, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows!

Magazine: Tokenizing music royalties as NFTs could help the next Taylor Swift

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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The EU’s AI regulations sparked a letter signed by 160 tech execs

As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations.

An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets.

On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex, and German investment bank Berenberg, pointed to the proposed EU Artificial Intelligence Act, saying it potentially risks the region’s competitiveness and innovation.

More specifically, the letter warned that rules proposed by the EU would cause heavy regulation of generative AI tools, and incur both liability risks and high compliance costs for the companies developing the technology.

On June 14, two weeks prior to the letter, the European Parliament passed the initial EU AI Act, which includes legislation that would force tool like ChatGPT to disclose all AI-generated content and other measures against illegal content. 

Additionally, as they stand now, the laws intend to prohibit using certain AI services and products. Total bans were placed on technologies such as the public use of biometric surveillance, social scoring systems, predictive policing, so-called “emotion recognition” and untargeted facial recognition systems.

Related: US considers tightening restrictions on AI chip exports

Before the bill actually becoming law, individual negotiations among parliament members will take place to finalize details of the EU AI Act. This recent letter comes as tech companies still have the time to petition lawmakers for more lenient measures.

The day before the letter was issued, the president of Microsoft visited Europe to speak with regulators on how to best regulate AI. 

In May, Sam Altman, the CEO of OpenAI, also spoke with European regulators in Brussels. He warned about the potential negative effects of over-regulation on the AI industry.

The EU's tech chief is on record pushing for the bloc and the United States to come together to create a voluntary “AI code of conduct” to be set in place while lawmakers finalize more permanent measures. 

In March, another open letter was issued by over 2,600 tech industry leaders and researchers, including Elon Musk. However, it called for a temporary pause on any further development of AI and asked for regulations. 

Magazine: How to control the AIs and incentivize the humans with crypto

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US strips Ethereum dev Virgil Griffith of export privileges for 10 years

The export privilege ban comes from Griffith’s conviction and further impacts his involvement in international trade and transactions.

The United States Department of Commerce has imposed a 10-year export privilege ban on Virgil Griffith, an Ethereum developer serving a five-year prison sentence. The ban restricts him from enjoying export privileges until April 12, 2032.

The export privilege ban affects his ability to participate in international trade and business. On April 12, 2022, Virgil Griffith was convicted in the U.S. District Court for the Southern District of New York for breaching the International Emergency Economic Powers Act (IEEPA). Griffith was found guilty of unauthorized export of services to North Korea and circumventing U.S. sanctions imposed on the country.

U.S. Attorney Geoffrey Berman accused Griffith of knowingly sharing technical information with North Korea that could aid in money laundering and evading sanctions, according to a statement. As a result of his conviction, Griffith was sentenced to 63 months in prison, followed by three years of supervised release. He is also obligated to pay a $100 assessment and a criminal fine of $100,000.

Under the provisions of the Export Control Reform Act, individuals convicted of specific offenses, such as violating the IEEPA, may face a denial of export privileges for up to 10 years. This denial can lead to the revocation of licenses or authorizations previously granted by the Bureau of Industry and Security — an agency of the Commerce Department.

As a result of the bar, Virgil Griffith will be restricted from engaging, directly or indirectly, in any transactions involving commodities, software or technology that fall under the jurisdiction of U.S. export regulations. This effectively entails the denial of his export privileges as a U.S. citizen.

Related: Two more charged with teaching North Koreans to evade US sanctions with crypto

He was initially denied bail but was finally granted a bond order for $1 million at the end of December 2019. In October 2020, Griffith filed a motion to dismiss the conspiracy charges, claiming that his April 2019 conference presentation consisted of widely available public information; therefore, he was not providing a “service” to North Korean officials.

Magazine: North Korean crypto hacking: Separating fact from fiction

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Amazon implements AI to enhance logistics and delivery speeds

Amazon will reportedly use AI to minimize product-customer distance, highlighting its impact on transportation, product search and inventory.

Amazon is prioritizing using artificial intelligence (AI) to enhance delivery speed by reducing the distance between products and customers.

Speaking to CNBC on May 15, Stefano Perego, vice president of customer fulfillment and global operations services for North America and Europe at Amazon, said that artificial intelligence plays a role in various aspects of Amazon’s operations. This includes using AI for transportation, such as mapping and route planning, and considering factors like weather conditions. Additionally, AI assists customers in finding the desired products when searching on Amazon.

Currently, Amazon is prioritizing AI to optimize its inventory. Perego emphasized the significance of inventory placement as a crucial area to reduce the cost of providing services:

“Imagine how complex the problem of deciding where to place that unit of inventory is. And to place it in a way that we reduce the distance to fulfill to customers, and increase the speed of delivery.”

Amazon has been prioritizing its “regionalization” initiative, which aims to deliver products to customers from nearby warehouses instead of distant locations. However, achieving this goal requires advanced technology to analyze data and patterns to anticipate product demand and determine optimal inventory placement.

Related: New wallet uses Amazon hardware security modules to eliminate seed words

AI plays a crucial role in achieving this goal. By strategically placing products closer to customers, Amazon can facilitate same-day or next-day deliveries, similar to its Prime subscription service. According to Perego, the company’s efforts in this regard have been successful, with over 74% of customer orders in the United States being fulfilled from nearby distribution centers.

On April 13, Amazon announced the release of Bedrock, an artificial intelligence model that will allow Amazon Web Services users to build out generative AI from foundation models.

Magazine: All rise for the robot judge: AI and blockchain could transform the courtroom

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Bias in AI: What can blockchains do to ensure fairness?

Experts believe that decentralized systems can help secure the integrity and objectivity of data being fed to AI systems, but there still exist very clear limitations.

Projects rooted in artificial intelligence (AI) are fast becoming an integral part of the modern technological paradigm, aiding in decision-making processes across various sectors, from finance to healthcare. However, despite the significant progress, AI systems are not without their flaws. One of the most critical issues faced by AI today is that of data biases, which refers to the presence of systemic errors in a given set of information leading to skewed results when training machine learning models. 

As AI systems rely heavily on data; the quality of the input data is of utmost importance since any type of skewed information can lead to prejudice within the system. This can further perpetuate discrimination and inequality in society. Therefore, ensuring the integrity and objectivity of data is essential.

For example, a recent article explores how AI-generated images, specifically those created from data sets dominated by American-influenced sources, can misrepresent and homogenize the cultural context of facial expressions. It cites several examples of soldiers or warriors from various historical periods, all with the same American-style smile.

An AI generated image of Native Americans. Source: Medium

Moreover, the pervading bias not only fails to capture the diversity and nuances of human expression but also risks erasing vital cultural histories and meanings, thereby potentially affecting global mental health, well-being and the richness of human experiences. To mitigate such partiality, it is essential to incorporate diverse and representative data sets into AI training processes.

Several factors contribute to biased data in AI systems. Firstly, the collection process itself may be flawed, with samples not being representative of the target population. This can lead to the underrepresentation or overrepresentation of certain groups. Second, historical biases can seep into training data, which can perpetuate existing societal prejudices. For instance, AI systems trained on biased historical data may continue to reinforce gender or racial stereotypes. 

Lastly, human biases can inadvertently be introduced during the data labeling process, as labelers may harbor unconscious prejudices. The choice of features or variables used in AI models can result in biased outcomes, as some features may be more correlated with certain groups, causing unfair treatment. To mitigate these issues, researchers and practitioners need to be aware of potential sources of skewed objectivity and actively work to eliminate them.

Can blockchain make unbiased AI possible?

While blockchain technology can help with certain aspects of keeping AI systems neutral, it is by no means a panacea for eliminating biases altogether. AI systems, such as machine learning models, can develop certain discriminatory tendencies based on the data they are trained on. Additionally, if the training data contains various pre-dispositions, the system will likely learn and reproduce them in its outputs.

That said, blockchain technology can contribute to addressing AI biases in its own unique ways. For example, it can help to ensure data provenance and transparency. Decentralized systems can track the origin of the data used to train AI systems, ensuring transparency in the information collection and aggregation process. This can help stakeholders identify potential sources of bias and address them.

Recent: Why join a blockchain gaming guild? Fun, profit and create better games

Similarly, blockchains can facilitate secure and efficient data sharing among multiple parties, enabling the development of more diverse and representative data sets.

Also, by decentralizing the training process, blockchain can enable multiple parties to contribute their own information and expertise, which can help mitigate the influence of any single biased perspective.

Maintaining objective neutrality requires careful attention to the various stages of AI development, including data collection, model training and evaluation. Additionally, ongoing monitoring and updating of AI systems are crucial to addressing potential prejudices that may arise over time.

To gain a deeper understanding of whether blockchain tech can make AI systems completely neutral, Cointelegraph reached out to Ben Goertzel, founder and CEO of SingularityNET — a project combining artificial intelligence and blockchain.

In his view, the concept of “complete objectivity” is not really helpful in the context of finite intelligence systems analyzing finite data sets.

“What blockchain and Web3 systems can offer is not complete objectivity or lack of bias but rather transparency so that users can clearly see what bias an AI system has. It also offers open configurability so that a user community can tweak an AI model to have the sort of bias it prefers and transparently see what sort of bias it is reflecting,” he said.

He further stated that in the field of AI research, “bias” is not a dirty word. Instead, it is simply indicative of the orientation of an AI system looking for certain patterns in data. That said, Goertzel conceded that opaque skews imposed by centralized organizations on users who are not aware of them — yet are guided and influenced by them — are something that people need to be wary of. He said:

“Most popular AI algorithms, such as ChatGPT, are poor in terms of transparency and disclosure of their own biases. So, part of what’s needed to properly handle the AI-bias issue is decentralized participatory networks and open models not just open-source but open-weight matrices that are trained, adapted models with open content.”

Similarly, Dan Peterson, chief operating officer for Tenet — an AI-focused blockchain network — told Cointelegraph that it’s tough to quantify neutrality and that some AI metrics cannot be unbiased because there is no quantifiable line for when a data set loses neutrality. In his view, it eventually boils down to the perspective of where the engineer draws the line, and that line can vary from person to person.

“The concept of anything being truly ‘unbiased’ has historically been a difficult challenge to overcome. Although absolute truth in any data set being fed into generative AI systems may be hard to pin down, what we can do is leverage the tools made more readily available to us through the use of blockchain and Web3 technology,” he said.

Peterson stated that techniques built around distributed systems, verifiability and even social proofing can help us devise AI systems that come “as close to” absolute truth. “However, it is not yet a turn-key solution; these developing technologies help us move the needle forward at neck break speed as we continue to build out the systems of tomorrow,” he said.

Looking toward an AI-driven future

Scalability remains a significant concern for blockchain technology. As the number of users and transactions increases, it may limit the ability of blockchain solutions to handle the massive amounts of data generated and processed by AI systems. Moreover, even the adoption and integration of blockchain-based solutions into existing AIs pose significant challenges.

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First, there is a lack of understanding and expertise in both AI and blockchain technologies, which may hinder the development and deployment of solutions that combine both paradigms effectively. Second, convincing stakeholders of the benefits of blockchain platforms, particularly when it comes to ensuring unbiased AI data transmission, may be challenging, at least in the beginning.

Despite these challenges, blockchain tech holds immense potential when it comes to leveling out the rapidly evolving AI landscape. By leveraging key features of blockchain — such as decentralization, transparency and immutability — it is possible to reduce biases in data collection, management and labeling, ultimately leading to more equitable AI systems. Therefore, it will be interesting to see how the future continues to pan out from here on end.

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Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says

Chatgpt More Useful Than Crypto, Nvidia Tech Chief SaysUnlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital coins. Developing Chatbots More Worthwhile Than Crypto Mining, Nvidia Exec Claims […]

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‘AI can be defeated with cryptography,’ says Chelsea Manning at SXSW

Cointelegraph sat down with activist and cybersecurity expert Chelsea Manning to discuss how blockchain technology can combat challenges associated with artificial intelligence.

Artificial intelligence (AI) has become a hot topic following the launch of ChatGPT, an AI chatbot created by research company OpenAI. Yet, while ChatGPT has the potential to write blogs and create crypto trading bots, some worry that AI could be harmful. 

A survey conducted by sales platform Tidio found that 69% of college graduates believe AI could take their job or make it irrelevant in the coming years. Others have pointed out that the rise of AI will make it increasingly challenging to verify accurate information versus fake news generated by artificial intelligence.

For example, Chelsea Manning — an activist, security consultant for decentralized privacy platform Nym and former army intelligence analyst — told Cointelegraph that information verification would become a fundamental problem as AI is integrated into society. Manning told Cointelegraph about how blockchain technology can help combat AI challenges during an exclusive interview at South by Southwest 2023.

Cointelegraph: Why is the rise of AI concerning, and how can blockchain technology combat these concerns?

Chelsea Manning: The actual teachings of AI have been going on for a long time, yet as surveillance in AI becomes more efficient, it will reduce the effectiveness of virtual private networks and other circuits from protecting user data.

Another danger associated with AI and deep fakes is that these elements will eventually become so convincing that many of these instances will end up in a courtroom setting. For instance, there will be situations in the future where individuals will have to forensically verify to a court if something was generated by AI.

We can use blockchain technology to create a decentralized list of where information is coming from, who is producing it and where it was created. This can then be verified on a distributed ledger to prove that a particular event historically occurred, resulting in less dispute.

For instance, someone could take a photograph and then place that metadata on a ledger for verification. If someone tries to dispute that, they can go to the ledger and view the cryptographic signature for verification to see that a particular event occurred.

CT: Do you think we will see more companies evolve that will use cryptography to combat AI challenges?

CM: Yes — since verification is going to be a fundamental problem that arises between society’s exposure to products or surveillance that leverage AI. One way to challenge this is through cryptography, which is going to be fundamental.

Manning (right) with Cointelegraph reporter Rachel Wolfson at SXSW. 

I also believe that a great battle within the technology space over the next decade is going to be this issue of verification and knowing if the information we are receiving is accurate. We are running the very real risk of having our entire reality exposed through our phones or televisions and other places online. Although this is a fundamental way to interact with the world, this information will increasingly not be accurate, yet it will be convincing. I believe there are solutions to these problems, and with some foresight and planning, these doomsday scenarios can be navigated.

CT: You also have strong views on taking an infrastructure approach when it comes to ensuring privacy and security. Can you explain what this means?

CM: One of the most frustrating aspects of developing hardware technology is ensuring that the hardware itself is secure. This is why hardware developers need to focus intensively on supply chain matters — who is developing the technology, who is designing it, etc.

I also believe in the added benefit of an open-source architecture, as these standards are common and universal. I’ve been looking at open-source architectures for designing and developing secure hardware technology for Nym. For example, RISC-V is open source architecture developed at the University of California, Berkeley. RISC-V was designed to grow over time as a standard that doesn’t require any intellectual property (IP). Users can build an IP based on RISC-V, but the architecture itself is available to anyone without requiring a fee.

CT: What are your thoughts on cryptocurrency?

CM: I was very interested in Bitcoin when the white paper came out, but I didn’t necessarily view tokens as being assets or the value behind blockchain technology. I was quite surprised and struck by how readily people were to view proof-of-work certificates as being something that they would buy, sell and speculate on.

This is not necessarily my interest, as I don’t play with speculative assets in general. But from a purely academic sense, I find the technology fascinating. I think cryptocurrency is still a proof-of-concept for what is possible down the line with blockchain technology, but not necessarily ripe and ready to change the world.

CT: Recently, we saw Silicon Valley Bank overtaken by regulators. How do you think this will impact the tech industry as a whole?

CM: This is a seismic event and it goes back to my skepticism of speculative assets in general. This shows that we are still at the whims of the economy, both with traditional banks and with token assets.

The Federal Reserve System and regulators are all interconnected, so it doesn’t surprise me that as inflation has been high, and as the Federal Reserve has tried to curtail the amount of currency flowing, we have seen a number of stressors on more speculative and risky ventures. We are now seeing the effects of that.

But out of every one of these cycles, there has been innovation. If anything, operating in an environment where there is less cash available forces people into a position where they have to innovate more in order to survive. I think this will be an interesting time for the technology industry. It will slow down startups for sure, but I think that existing startups that are able to survive this will be the ones to look out for the most over the next 10 years.

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