The world needs to hedge its AI bets

When everyone is digging for gold, sell shovels. This old maxim reflects the same logic as the current boom in artificial intelligence: the profits go to those who provide the chips and infrastructure, not the money-losing labs that build the models. Nvidia’s record profits last year, which pushed the chipmaker’s market value past $5 trillion,…

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Harnessing artificial intelligence for environmental sustainability via human capital and renewable energy

Theoretical framework The impact of artificial intelligence (AI) on CO2 emissions is determined through “technological innovation theory”, which postulates that an increase in emerging technologies can drive environmental quality by increasing energy efficiency and reducing the use of dirty and traditional technologies. From the seminal work of (Lundvall, 1992) on the use of technologies in…

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AI chatbot’s simple ‘123456’ password risked exposing personal data of millions of McDonald’s job applicants

Security researchers found that they could access personal information of 64 million people who had applied for a job at McDonald’s, largely by connecting to the employment of the Chatbot company with the username and the password “123456. Ian Carroll and Sam Curry Written in a blog article That “during a superficial security examination of…

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