Money

Is AI really a society level threat?

Published

11 months ago

June 21, 2023

ticker NEWS

AI has led to massive investment in global tech companies in recent months. But some of the sector’s leading thinking are also urging caution

How we are going to deal with the rise of AI is shaping up to be one of the biggest questions of the 21st century.

While it is leading to massive investment as tech companies race to capitalise on the booming sector, some of the technology’s leading thinkers have been ringing alarm bells over its possible dangers.

“It’s obvious especially with today’s AI, computers can pass every ‘are you a human test’”, said Tesla boss Elon Musk at a recent panel. “In fact, I think they can pass a ‘are you a human test’ better than a human.”

Microsoft sounder Bill Gates has drawn parallels between the immense power of AI and that of nuclear energy and weapons.

Proponents of AI will say that this technology offers numerous benefits to various industries, including healthcare, finance, transportation, and manufacturing.

By automating routine tasks, AI technology can improve efficiency, accuracy, and productivity.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

1 day ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

1 day ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

2 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending