Is Bitcoin on track to take pole position as the wheels come off US banks? May 5, 2023 Jason Deane, resplendent in racing overalls, completes a circuit of the week's twists, turns and chicanery in the world of digital finance.
We might not be able to control ChatGPT, but we can control the data it consumes May 5, 2023 The UK should lead the way on regulating generative AI, and it should focus on the data used by these systems to do so. After all if the data is biased, so it's the final product, writes Sir Nigel Shadbolt
We shouldn’t be running out of tomatoes because we can’t sort out our supply chains May 5, 2023 Over the last month, bad weather in Europe and Northern Africa led to certain salad items being in short supply across the UK. Leading supermarkets, including Tesco’s, Morrisons, Aldi and Lidl all limited the number of tomatoes, peppers and lettuce that consumers can buy. Product shortages aren’t necessarily unusual, but since the pandemic, they have [...]
FTSE 100 close: London index slips despite Shell rising after posting £7.6bn profit May 4, 2023 London’s FTSE 100 tumbled today despite investors piling into Shell after it launched a fresh buyback funded from its huge first quarter profits. The capital’s premier index fell 1.04 per cent to 7,707.52 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.62 per [...]
UK antitrust agency probes AI market as calls for regulation grow louder May 4, 2023 The UK's competition regulator has launched a review into the advancement of artificial intelligence, it confirmed today, amid growing concerns over its unchecked power to potentially overhaul the jobs market and spread misinformation.
What’s next for crypto at Eurovision this year? May 4, 2023 Monty's not sure if he's coming or gong with Eurovision and the coronation, but he's expecting the weird to get even weirder.
Price of Bitcoin moves above $29,000 after US Federal Reserve raises interest rates May 4, 2023 Bitcoin is in the green today after recovering from a slight dip following the Federal Reserve’s announcement yesterday of another 0.25% rate hike.
Britain badly needs a godfather of AI regulation, but we’ll never be able to afford him (or her) May 4, 2023 The so-called Godfather of AI has quit Google over fears of the technology. He’s the kind of person who should be designing our laws - if we could afford him.
Jimmy McLoughlin: Why training could put our AI fears to bed May 4, 2023 More than 1 in 4 Britons already think that AI could do their job better than them. That is the remarkable statistic that we found undertaking some recent polling alongside leading research firm, FocalData. Even more dramatically the number increases to just under 1 in 2 who think AI will do their job better in [...]
Hunt hypes up UK’s future as ‘world’s next Silicon Valley’ May 3, 2023 Jeremy Hunt has talked up Britain’s prospects of becoming the “world’s next Silicon Valley” in a summit with creative industries leaders. The Chancellor has said the Prime Minister’s ambition for the UK to become a “science and technology superpower” is key to the country’s future. Speaking at a Treasury Connect event in a series of [...]