The National Science Foundation is paying universities using taxpayer money to create AI tools that can be used to censor Americans on various social media platforms, according to members of the House. University of Michigan, the University of Wisconsin-Madison, and MIT are among the universities cited in the House Judiciary […]
Technocratic Socialism
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SWIFT, the global financial messaging network, is aiming to create a new platform to connect central bank digital currencies to the existing finance system in the next 1-2 years, its head of innovation Nick Kerigan told Reuters. “We’re looking at a roadmap to productize in the next 12-24 months,” said […]
Independent presidential candidate Robert F. Kennedy Jr. is warning that central bank digital currencies (CBDCs) pave the way for an authoritarian government in America similar to the Chinese communist regime. “I’m against central bank digital currencies because that is part of the path to getting us where China is today. […]
The United Kingdom is moving ahead with its roadmap for a central bank digital currency (CBDC) despite privacy concerns. On Jan. 25, the U.K. government delivered the findings of its digital pound consultation paper laying out the potential risks that a retail CBDC might present. The report said, “Trust is […]
China is learning from Russia’s invasion of Ukraine and starting to prepare for a “protracted” war in the Indo-Pacific region by making legal changes that will help integrate military and civilian mobilization, an analyst at the International Institute for Strategic Studies said on Tuesday. Recent moves by China to ease any […]
The CEO of ChatGPT-maker OpenAI said Tuesday that the dangers that keep him awake at night regarding artificial intelligence are the “very subtle societal misalignments” that could make the systems wreak havoc. Sam Altman, speaking at the World Governments Summit in Dubai via a video call, reiterated his call for […]
Amid a smorgasbord of different national, multilateral and global attempts to regulate artificial intelligence (AI), it can be hard to take stock of all the rules that govern—or attempt to—the emerging technology. The United Nations is attempting to rise above that morass, with its own effort to issue a set […]
Your Highnesses, Your Excellencies, Dear colleagues and friends, Assalamu’alaikum warahmatullahi wabarakatuh. I thank Your Highnesses for your hospitality, for your steadfast support for the World Health Organization and global health, and for the opportunity to address you today. It’s a great pleasure to be back in Dubai. I was honoured […]
Moderator: If a Trump administration comes in, what kinds of people do you think might be the kinds of people that they would bring in? Roberts: The kind of person who will come into the next conservative administration is going to be governed by one principle: Destroying the grasp that political elites […]
MR FRIEDMAN: Klaus, thank you. And Mr. Secretary, it’s great to be with you here this morning. I want to begin with a real black-and-white contrast in the morning news, reading the papers. One – on one side you read about the power these days, Mr. Secretary, of the – […]
MR. SULLIVAN: Thank you so much, Børge. And I’m grateful for the opportunity to say a few words today at this incredibly complex moment. I think everyone who serves in positions of responsibility in foreign policy and national security likes to say that their time in the seat is the […]
Chairman Klaus Schwab: Ladies and gentlemen, it’s both a pleasure and a privilege to introduce a distinguished leader and visionary in the realm of international politics. President Ursula von der Leyen of the European Commission. President von der Leyen has been instrumental not only in steering Europe through very challenging times, […]
Greetings to you all. It gives me great pleasure to come to the beautiful Davos for the World Economic Forum Annual Meeting 2024. The theme of this meeting, “Rebuilding Trust,” echoes well with people’s concerns and will surely strike a chord with many. As I see it, the word “rebuild” […]
Today, we stand at a unique juncture in human history, facing challenges that are as diverse as they are profound. The special role of the World Economic Forum is not to look at just one single issue, instead, it is the place at the beginning of each year to analyse […]
Thank you for your warm welcome. It’s good to be back – and to see Davos highlighting the global crisis in trust. I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats posed by runaway climate chaos, […]
Good afternoon. Thank you very much. Today I’m here to tell you that the Western world is in danger. And it is in danger because those who are supposed to have to defend the values of the West are co-opted by a vision of the world that inexorably leads to […]
The European Commission’s pursuit of digital ID on a global scale became none more apparent than during President Ursula von der Leyen’s remarks to the globalist elite at the World Economic Forum (WEF). “The top concern for the next two years is not conflict, or climate, it is disinformation and […]
Argentina’s President Javier Milei was en route by commercial jet to the World Economic Forum in Davos in Switzerland on Tuesday, taking selfies with passengers on board and criticizing what he called the event’s “socialist agenda.” The trip marks the right-wing Milei’s first overseas tour since he took office last […]
World leaders are set to meet this week to talk out concerns about the potential for a future pandemic that could cause 20 times more fatalities than Covid. A panel led by World Health Organization chief Dr Tedros Adhanom Gehreyesus will debate ‘novel efforts needed to prepare healthcare systems for […]
The threat of artificial intelligence stoking greater inequality and sparking a financial crash provided a stark background to discussions as business leaders, regulators and policymakers gathered in Davos. Twin warnings about the potential threats of AI from the International Monetary Fund and the powerful Basel banking committee helped to set […]
In its infancy, Davos was a rather dry affair, the preserve of boring company men and tweed-jacket economists who met to discuss management techniques and “stakeholder capitalism.” The original organizers in the 1970s gave it the instantly repellent title the European Management Forum. You might have been sent there if […]
Agustin Carstens, the general manager of the Bank for International Settlements (BIS)–known as the “central bank for central banks–has urged countries to establish legal frameworks to facilitate the implementation of central bank digital currencies (CBDCs). He noted that around 80 percent of central banks either cannot issue a CBDC under […]
AI is smart, efficient, and gaining speed; according to experts, it is imperative that workers begin to learn how to use AI before their jobs become fundamentally transformed. “In our hospital, we have a saying that AI is not going to replace clinicians, but clinicians who use AI are going […]
Rep. Tom Emmer (R-MN) has re-introduced a bill that aims to thwart the Federal Reserve and Biden administration’s attempts to establish a central bank digital currency (CBDC), which fellow Rep. Warren Davidson (R-OH) has called “the financial equivalent of the Death Star.” Emmer believes such a tool could be used […]
Artificial Intelligence (AI) has the potential to revolutionize the retail industry, including grocery shopping, by personalizing shopping experiences, streamlining customer service, and predicting consumer needs. As Lindsey Mazza, Global Retail Lead at Capgemini Group, observes, understanding consumer motivations can help retailers reach their highest potential. In the grocery industry, which […]
United States Senators Richard Blumenthal (D-CT) and Josh Hawley (R-MO) have recently introduced a comprehensive framework for the regulation of artificial intelligence (AI). This bipartisan initiative is seen as a significant stride towards establishing concrete AI safeguards and managing the potential benefits and risks associated with this emerging technology. The […]
According to a new study, ChatGPT can outperform real doctors in terms of diagnosing patients in emergency care. The bot was found to be as effective, if not more so, than human doctors when provided with the same doctor’s notes of a patient. The study, conducted by Dutch researchers, implies […]
China is making significant strides towards the full-scale rollout of its digital yuan, with an emphasis on expanding its use across all retail payment scenarios. Changchun Mu, head of digital currency research at the People’s Bank of China (PBoC), confirmed that the central bank is seeking to make the digital […]
Representative Tom Emmer (R-MN), along with 49 co-sponsors, reintroduced the “CBDC Anti-Surveillance State Act” in the House of Representatives on September 12. This legislation, first proposed by Emmer in January 2022 and formally introduced to Congress in February 2023, is designed to prevent the Federal Reserve from issuing a central […]
Russia’s central bank has begun piloting its Central Bank Digital Currency (CBDC), the digital ruble, with possible features of programmability in view. “The Bank of Russia will conduct extensive experiments into digital ruble programmability using smart contracts in the coming years,” said Anatoly Aksakov, Chairman of the State Duma Committee […]
At a recent fintech conference organized by the Philadelphia branch of the U.S. Federal Reserve System (Fed), the Fed’s vice chairman for supervision Michael Barr outlined the Fed’s commitment to building out a robust central bank digital currency (CBDC) payment infrastructure. In addition to the Fed’s launch of “FedNow” in […]
The US Special Operations Command (USSOCOM) has partnered with Accrete AI, a New York-based company, to combat disinformation threats on social media using artificial intelligence (AI). The company’s software, Argus, is designed to analyze social media data in real-time, identifying emerging narratives and generating intelligence reports to help the military […]
Austin-based startup, Apptronik, has unveiled a humanoid robot named Apollo, which will be deployed in warehouses to carry out basic tasks alongside human workers. Standing at five feet and eight inches tall and weighing around 160 pounds, Apollo can lift up to 55 pounds. “Initially, it’s going to start working […]
“Once a government is committed to the principle of silencing the voice of opposition, it has only one way to go, and that is down the path of increasingly repressive measures, until it becomes a source of terror to all its citizens and creates a country where everyone lives in fear.” — […]
So, the Germans are putting me on trial for my thoughtcrimes, and, apparently, I’ve already been found guilty and sentenced. Bear with me and I’ll try to explain. The Berlin District Court has issued a so-called “penalty order” or “order of punishment,” in which I am advised that I am […]
Americans’ concern about the pervasive use of artificial intelligence (AI) in daily life is on the rise. A recent Pew Research Center poll of 11,201 Americans reveals that “52% of respondents said they were more concerned than excited about AI,” marking an uptick from 38 percent of respondents the previous […]
See original article at Corbettreport.com. Stop the presses! Here’s my hot take for the day: CBDCs are a bad thing. OK, maybe that take is not so hot. After all, I don’t even need to spell out “Central Bank Digital Currencies” for my well-informed, switched-on readers to know what I’m […]
The recent BRICS summit in South Africa heralded significant changes, most notably the planned inclusion of six new member countries by January 2024: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE), which makes BRICS even more diverse in its representation. The summit, however, did not reveal […]
Republican Representative French Hill (AR), vice chairman of the House Financial Services Committee, recently conducted an interview with Forbes in which he expressed concern with the burgeoning impetus for a national central bank digital currency (CBDC), and emphasized that any authorization would need to come from Congress. Recently, Hill introduced […]
As schools and libraries continue to ban books en masse across the United States, Iowa’s Mason City School District has opted to utilize ChatGPT to determine the fate of books in their collections. “There’s no good method for banning books… but the Mason City School District’s decision to use AI […]
A recent study by the University of East Anglia has found that OpenAI’s ChatGPT has a strong liberal bias, with results showing a “significant and systemic political bias toward Democrats in the U.S., Lula [Brazil’s leftist president] in Brazil, and the Labour Party in the U.K.” Although questions about ChatGPT’s […]
In a recent research report, Morgan Stanley observed a surge in companies highlighting the impact of artificial intelligence on their businesses during the first half earnings season. “Around 15% of firms quantified a revenue or cost-benefit from using machine learning across a broad spectrum of applications,” the bank stated. Out […]
The United Kingdom’s central bank, the Bank of England (BoE). is progressing with its efforts to develop a retail central bank digital currency (CBDC), commonly termed as a “digital pound.” In an announcement, the BoE confirmed the establishment of an advisory group dedicated to the digital pound. This initiative marks […]
In the span of less than a year, Open AI’s revolutionary ChatGPT has already evolved from using GPT-3 technology to GPT-4 technology, which is more intelligent, accurate, creative, and useful than its predecessor by multiple orders of magnitude. Now, reports are swirling that GPT-5 may arrive as early as the […]
The Digital Dollar Project (DDP), in partnership with Western Union and BDO Unibank, has successfully completed a pilot study of remittance payments to the Philippines using a simulated retail Central Bank Digital Currency (rCBDC). Utilizing DDP’s Champion Model, the transaction involved a simulated central bank issuing CBDCs to an intermediary […]
“There is more than one way to burn a book. And the world is full of people running about with lit matches.”—Ray Bradbury What we are witnessing is the modern-day equivalent of book burning which involves doing away with dangerous ideas—legitimate or not—and the people who espouse them. Seventy years […]
On Friday, Google DeepMind unveiled Robotic Transformer 2 (RT-2), a groundbreaking vision-language-action (VLA) model aimed at creating general-purpose robots adept at navigating human environments. RT-2 leverages a substantial language model, similar to the technology behind ChatGPT, trained on text and images sourced from the internet. This innovative approach empowers the […]
AI research leaders testified Tuesday before the Senate Judiciary Committee to discuss the prospects and challenges of AI technology. The general consensus was a call for swift yet considerate action to prevent the abuse of AI or to avoid hindering the industry’s progress. Experts included Dario Amodei, Anthropic co-founder; Stuart […]