Here’s the trending news from the tech world. News that I think every tech enthusiast should keep an eye on.
1)
AI pioneer ‘Geoffrey Hinton’ resigns from Google, warns artificial intelligence is dangerous
One of the prominent pioneers of artificial intelligence, Geoffrey Hinton, has resigned from Google. But his resignation has not come without ringing alarm bells about the imminent danger AI poses to humanity. talking with The New York TimesHinton said that AI will not only eliminate numerous jobs, but also pose a serious danger to the human race. He even criticized Google for abandoning its previous limitations on AI projects in a desperate attempt to compete with the new ChatGPT-powered Bing. Hinton added that AI has witnessed accelerated development over the past five years and it’s scary what could happen in the next two years. Hinton played an important role in overseeing the operation of Google Brain, which is Google’s AI research group.
2)
Jack accepts my job as a professor at Tokyo University
China’s billionaire Jack Ma has found himself a new job. He has been hired as a visiting professor at Tokyo College, a research institute affiliated with the prestigious University of Tokyo. In addition to sharing his rich experience and knowledge of entrepreneurship, corporate management and innovation, Ma will also conduct research in sustainable agriculture and food production. Ma’s sprawling online empire has recently faced a brutal crackdown from Chinese regulators, leading to the split from his Alibaba Group and the indefinite postponement of his ANT Group IPO. For more than a decade, Ma has been the face of a resurgent China and her inspiring rags-to-riches story has been acclaimed around the world.
3)
The latest Twitter outage mostly affected desktop users
Twitter went down for thousands of users on Monday, with users complaining they couldn’t log into their accounts. Most of the affected users were apparently desktop users. However, it is unclear what caused this outage, which happens to be the second major outage this year and also the second since Musk took ownership of the microblogging platform. It is still unclear whether the outage has been resolved or not. Musk has also been strangely quiet about the outage, indicating that the outage may not be as big as various media outlets have reported.
4)
IBM to replace 7,800 jobs with AI in the next few years
If most people thought that all the hype about artificial intelligence threatening human jobs isn’t real, IBM could prove them wrong. IBM CEO Arvind Krishna told Bloomberg that the company could replace 7,800 jobs with AI in the coming years and could freeze hiring for the same reason. He further said that back-office functions such as HR will be the most affected, adding that nearly 30% of non-customer-facing jobs could be taken over by AI and automation in the next two years.
5)
Target to raise $8 billion through bond sale
Meta plans to raise $8.5 million through the bond sale, which will be only its second bond sale in its corporate history. Meta has also become the first major tech company to tap into US bonds amid the current turmoil gripping the financial sector. The social media giant said it will use the proceedings to help finance expenses, buy back outstanding shares of its company and for investments and acquisitions. Although Meta announced better-than-expected results in the first quarter, its financial position has certainly suffered due to the massive investment in Metaverse.
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AI Pioneer Geoffrey Hinton is making his move away from Google as he resigns after eight years, warning that the advancement in Artificial Intelligence technology is becoming dangerous.
Since 2012, Hinton has been a key figure in the development of Google’s DeepMind AI projects. With the technology behind image and facial recognition, Big Data and other programs, Hinton is considered one of the forefathers of modern Artificial Intelligence.
However, Hinton warned that development in AI technology can be a menace and its exact implications on the future remain unanswered. He is particularly concerned about the rise of weaponized AI and its potential ability to self-learn, generating lethal force with little to no human intervention.
At Ikaroa, we see AI as an opportunity to build a better future. We employ expert AI teams in the Bay Area to create sustainable and safe applications of AI technology. With ethical principles, industry oversight and education, we strive to make sure AI is used responsibly and beneficially for the greater good of humanity.
At the same time, we take Geoffrey Hinton’s warnings very seriously. We are obligated to constantly review and assess our products to make sure both safety standards and industry best practices are respected. We are deeply grateful that experts like Hinton bring to light such important issues and open the door for responsible businesses like ours to implement AI in a safe and beneficial way.