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ChatGPT may be new but artificial intelligence has a long history

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Scientists and philosophers have been working on a ‘second brain’ for decades

From the heartless Tin Man in the Wizard of Oz, to the humanoid robot in Metropolis; science fiction has brought artificially intelligent robots to life.

In the 1950s, some of the world’s brightest minds were already using artificial intelligence as part of their vocabulary.

John McCarthy was among the first computer scientists to coin the term: artificial intelligence.

McCarthy and two dozen other men came together at a Dartmouth workshop in New Hampshire for a conference on artificial intelligence.

“I started my work on artificial intelligence in ’56, although I became interested in it before that, in ’49,” he said.

Computers began to store more information and boast a speed like never before. Dr Stefan Popenici from Charles Darwin University is a leading voice on artificial intelligence.

He said the technology is hardly new. “It’s not new. Artificial intelligence came as a formula in 1956,” he said.

Dr Popenici has published a book on the implications of the adoption of artificial intelligence in higher education.

He said open source artificial intelligence like ChatGPT have become a concern for researchers in the education sector.

“This is just one of the many serious challenges associated with the exponential advancements of AI in the last years, and universities have to find now the energy and will to articulate efficient and sustainable solutions for education and society,” he said.

In the 1980s, artificial intelligence was expanding its algorithmic toolkit and receiving more funding.

By 1997, reigning world chess champion and grand master Gary Kasparov was defeated by IBM’s Deep Blue.

In the same year, speech recognition software was implemented on Microsoft Windows computers.

“AI is not only the subject of a new hype but also stirs profound cultural, educational, and economic changes with significant medium and long-term impacts.

“We know that all technological revolutions come with winners and losers, and institutions of education must now make a set of choices that will decide where they will stand in the near future,” Dr Popenici said.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


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Trump moves to fast-track removal of Fed governor Lisa Cook

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The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

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ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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