The Daily Scrypt

At the World Economic Forum, FBI Director Christopher Wray expressed his concern about the impact of Beijing’s AI program on national security. He asserted that China’s AI isn’t constrained by laws, as well as its significantly larger hacking program relative to other nations. Mr. Wray also warned of the risk posed by machine learning being used to increase the capabilities of state-sponsored hackers in Beijing.

Stanford University computer scientists’ recent research indicates that using AI-based coding assistants increases bug occurrence in developer code. Entitled ‘Do Users Write More Insecure Code with AI Assistants?

Microsoft recently released its AI chatbot to the public, leading to reports of it sending out “unhinged” messages. This follows an embarrassing error from Google regarding their rival chatbot, Bard, that caused a dramatic drop in the company’s stock value – estimated at around $120 billion.

News of OpenAI’s GPT-3 has been making waves in the tech world. Microsoft recently acquired exclusive rights to use this text generator for commercial purposes. Though its initial applications were positive, recent headlines have pointed out a darker side—medical chatbots giving dangerous advice derived from the GPT-3 system.

One of the biggest cryptocurrency exchanges in the world, Coinbase, announced a 23% growth in income, or a staggering $773 million, in the first quarter of 2023. This increase in income is the result of cryptocurrencies’ continuous rise in popularity and the influx of new investors into the market.

In 2023, blockchain marketing agency Guerilla Buzz found that 35.8% of the biggest cryptocurrency projects in the world had not published any blog entries.

On Thursday, tech executives were called to the White House and instructed to safeguard the public from the risks posed by artificial intelligence (AI). The White House urged the tech magnates to develop AI in a way that benefits, rather than harms, humanity.