Tech CEOs Think AI Will Let Them Be Everywhere at Once

How accurate does an AI system need to be?

Mark Zuckerberg expands group’s AI push as it seeks to turn messaging app into bigger business

Even for nonbelievers like me, the pope has become a reassuring – and all too rare – voice of moral clarity Do you remember the early 2000s, when Silicon Valley buzzed with idealism and tech bros told us they were going to save the world? “Don’t be evil” was Google’s unofficial motto; it’s 2004 IPO prospectus declared that doing “good things for the world” was more important than “short term gains”. Mark Zuckerberg similarly wrote in Facebook’s 2012 IPO letter that the social network was “built to accomplish a social mission – to make the world more open and connected”. As was obvious to anyone paying attention, this was all performative bullshit. Nevertheless, it’s hard not to feel nostalgic about that period of time – which came to a definitive end in 2018, with the Cambridge Analytica scandal. By and large, billionaires and CEOs still cared what the hoi polloi thought of them. They were self-aware enough to realize that, even with all their billions, there’s a lot more of us than th

The post The ‘AI Psychosis’ Debate: Are Tech CEOs Too Far Removed From The Work? appeared on BitcoinEthereumNews.com. The ‘AI Psychosis’ Debate: Are Tech CEOs Too Far Removed From The Work? Skip to content Home AI News The ‘AI Psychosis’ Debate: Are Tech CEOs Too Far Removed From the Work? Source: https://bitcoinworld.co.in/ai-psychosis-debate-tech-ceos/

On the latest episode of Equity, we debate whether tech CEOs are "uniquely prone to AI psychosis."

Meta has raised the possibility that it could be joining the likes of Amazon, Microsoft and Google in offering cloud services at some point in the future — although potential customers shouldn’t be adding the company to their suppliers list just yet. When asked about plans for offering such services at the company’s annual shareholders meeting,  Meta CEO Mark Zuckerberg said there was a possibility of the company competing with the major hyperscalers. “It’s definitely on the table.” He explained that different companies were approaching Meta asking for the company to offer an API service or to buy compute services at a premium price. “We haven’t done it yet, because we think we have a use for the compute, but when we feel we have overbuilt, then that is an option that we have.” Meta has been active in developing its data centers over the past few years, so there will be a possibility of some excess capacity. It is also developing its own AI chips. For the moment, though, the company ma

The post Block Brings USDC to 60 Million Cash App Users appeared on BitcoinEthereumNews.com. Block is rolling out USDC payments on Cash App to nearly 60 million users across four blockchain networks. CEO Jack Dorsey admitted customer demand drove the stablecoin move despite his longstanding bitcoin-only stance. The global stablecoin market hit a record $322 billion, exceeding reserves of 95 countries, including the UK and Canada. Block has expanded its stablecoin push by introducing USDC support on Cash App. The feature is currently live for 25% of the platform’s nearly 60 million users.  A Block spokesperson confirmed the phased rollout this week. Full availability is expected before the week ends. The move comes as the global stablecoin market hits a record $322 billion in total value. Block Brings USDC Payments to Cash App on Four Networks Block’s expansion covers USDC across Solana, Ethereum, Polygon, and Arbitrum. The company positions the feature strictly as a payments tool rathe

Block is rolling out USDC payments on Cash App to nearly 60 million users across four blockchain networks. CEO Jack Dorsey admitted customer demand drove the stablecoin move despite his longstanding bitcoin-only stance. The global stablecoin market hit a record $322 billion, exceeding reserves of 95 countries, including the UK and Canada. Block has expanded […] The post Block Expands Stablecoin Push With USDC Support on Cash App appeared first on Live Bitcoin News.