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Articles By joy fernandes

With Businesses Laying Off Professionals For Ai, Thomson Reuters Looks To Boost Productivity With Ai Without Job Cuts!    Submitted as: joy
Thomson Reuters, a longstanding industry leader delivering essential content, has embraced an unconventional approach to AI amidst widespread job anxiety linked to automation. While a survey reports a 41% average worker concern regarding AI's job impact, Thomson Reuters seeks to enhance its workforce through AI, diverging from the replacement narrative.(read entire article)
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Category : Technology, Gadget and Science

Every Coin Has Two Sides - Digital Currency Is Not An Exception!    Submitted as: joy
Amid the cryptocurrency craze a few years ago, the concept of digital dollars captured attention, coinciding with China's exploration of a virtual yuan. A recent report delves into the potential of blockchain-like technology to introduce a "digital dollar" primarily aimed at benefiting banks, governments, and businesses, sidelining general consumers.(read entire article)
View : 68 Times
Category : Technology, Gadget and Science

Is It The End Of Cryptocurrency Or Will The Decentralized Wonder Bounce Back?    Submitted as: joy
The optimism that once surrounded cryptocurrency as the future of finance is facing a reality check, marked by various setbacks and challenges. One significant event was the downfall of FTX, a major crypto trading platform, which unfolded over a 10-day period in November 2022. A report by CoinDesk highlighted concerns about leverage, liquidity, and solvency related to Alameda Research, an FTX-backed trading firm. This firm held a substantial $5 billion position in FTT, FTX's native digital token. As liquidity issues arose, FTX sought bailout funds, and potential acquisition discussions with rival Binance fell through. The CEO's resignation, bankruptcy filing, legal battles, and a hacking incident further contributed to FTX's collapse, causing substantial losses in the already volatile crypto market.(read entire article)
View : 368 Times
Category : Technology, Gadget and Science

The Sec Heeds Calls For Ai Regulation – But What's Their Plan?    Submitted as: joy
SEC Chairman Gary Gensler has announced a pivot towards regulating the rapidly growing field of artificial intelligence (AI) in the financial sector. The Securities and Exchange Commission (SEC) is known for its role in protecting investors and ensuring fair markets. Gensler, a former MIT professor who has extensively studied AI, believes that AI's increasing prominence in finance demands regulatory attention similar to the SEC's oversight of securities markets.(read entire article)
View : 380 Times
Category : Technology, Gadget and Science

Intel's Latest ‘downfall' Can Help Hackers Steal Passwords And More!    Submitted as: joy
The recent discovery of the Intel vulnerability known as 'Downfall' has brought attention to the crucial aspects of security, privacy, and compliance for businesses. This vulnerability, discovered by Google researcher Daniel Moghimi, affects a range of Intel chip families, potentially allowing hackers to access sensitive data like financial details and passwords. The flaw lies in the code of Intel processors, specifically in an instruction called "gather," which facilitates quick access to scattered data in memory.(read entire article)
View : 75 Times
Category : Technology, Gadget and Science

Amazon's Custom Chips Aim To Shake Up The Ai Game!    Submitted as: joy
Amazon is causing a stir in the tech world by unveiling its innovative custom chips, Inferentia and Trainium, which have the potential to revolutionize the field of artificial intelligence. These chips are strategically positioned to compete with Nvidia GPUs and offer a compelling alternative in the rapidly evolving AI landscape. The CEO of Amazon Web Services (AWS), Adam Selipsky, highlighted the global demand for chips catering to generative AI applications, revealing Amazon's strategic commitment to crafting its own chips.(read entire article)
View : 66 Times
Category : Technology, Gadget and Science

Chip Shortage Affecting Automotive Industry Not Ending Anytime Soon!    Submitted as: joy
The semiconductor shortage has cast a shadow over Germany's automotive industry, causing substantial manufacturing delays and prompting executives and policymakers to rethink their supply strategies. German carmakers, vital players in the global automotive sector, have been grappling with disrupted supply chains and even temporary production halts due to the scarcity of semiconductors. These chips are crucial for various vehicle functions, including infotainment systems and engine management.(read entire article)
View : 49 Times
Category : General

Will Vinfast Raise The Bar In The Automotive Sector?    Submitted as: joy
Vietnamese electric vehicle (EV) manufacturer VinFast recently went public on Nasdaq, closing above $37 per share, leading to an $85 billion valuation—higher than Ford ($48 billion) and General Motors ($46 billion). VinFast's founder, Pham Nhat Vuong, already Vietnam's richest person, saw his wealth grow by $39 billion. This event underscores increasing interest in the EV sector and signals Vietnam's emergence as a competitor to China in the US EV market.(read entire article)
View : 58 Times
Category : Technology, Gadget and Science

The Uk Is Injecting £13 Million To Ai-volutionize Its Healthcare Sector!    Submitted as: joy
The United Kingdom's £13 million investment in cutting-edge Artificial Intelligence (AI) research for the healthcare sector marks a significant stride toward harnessing AI's potential to revolutionize healthcare. This move comes as experts like Dr. Antonio Espingardeiro highlight AI's transformative capacity within the medical field. By efficiently analyzing vast datasets and identifying patterns, AI coupled with machine learning can accelerate processes that would otherwise take decades for humans to accomplish.(read entire article)
View : 57 Times
Category : Technology, Gadget and Science

White House Invites Hackers To Find Flaws In Major Ai Deployments!    Submitted as: joy
A recent event at the DEF CON hacking conference in Las Vegas showcased the potential dangers of AI models, particularly generative AI applications, replicating human voices and engaging in unethical behavior. The White House initiated a collaboration between hackers, security researchers, and tech giants like OpenAI, Google, Microsoft, Meta, and Nvidia to tackle these challenges. Over 2200 participants gathered to test and trick top chatbots and large language models (LLMs), such as those developed by OpenAI, in order to identify vulnerabilities and promote safer AI technology.(read entire article)
View : 55 Times
Category : Technology, Gadget and Science