Money

‘AI Godfather’ quits Google to warn the world of its dangers

Published

1 year ago

May 2, 2023

ticker NEWS

‘AI Godfather’ Geoffrey Hinton quits Google to warn the world about the dangers of the technology

He’s often described as the ‘godfather’ of AI – but Dr Geoffrey Hinton has some concerns about the industry.

Hinton has quit Google, citing concerns over the flood of fake information, videos and photos online as well as the possibility AI will upend the job market.

The 75-year-old says he quit to speak freely about the dangers of AI, adding he somewhat regrets his contribution to the field.

He joined Google a decade ago to help develop the company’s offerings in this field.

His research led the way for many of the current AI systems, including ChatGPT.

Speaking to the New York Times, he previously believed Google was a “proper steward” of the technology.

But says this changed once Microsoft started incorporating a chatbot into its Bing search engine.

For here on in, Google became concerned about the risk to its search business.

Hinton fears AI could become more intelligent than humans and could be exploited by “bad actors”.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days 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

5 days 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

6 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