Since technical automations first started scaling across 18th century textile industries, innovations have created jobs. Typically, the substitution of machines, like 19th century agricultural harvesters or the sewing machine, for human labor results in more jobs being created than jobs replaced: a net positive. That’s...
Shutterstock and OpenAI have agreed to stick together for another six years. The expanded partnership, announced Tuesday (July 11), will help Shutterstock “solidify its position as a leading provider of high-quality training data for OpenAI models,” the stock image, video and music provider said in a news release. With...
Humanity has always tended to over-trust the computer. Simply put, we have a long history of misplaced, often naïve faith in next-big-thing technologies. This should give firms pause as they race to integrate next-generation generative artificial intelligence (AI) capabilities into their products and services. That’s because...
A U.S. digital dollar is possible, and researchers have built the framework to prove it. That’s according to a multi-year project from the Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT), which has laid fresh groundwork...
March 16, 2022
For many years, Google, Meta, Amazon and other Big Tech companies have been the dominant players of Web 2.0, the traditional way we use the internet. However, Web3, or a new world wide web based on blockchain technology, may offer a lot of potential for increasing competition in digital platforms. Yet, it remains to be […]
August 21, 2020
Digital dollars are a maybe – but if so, not for a while. And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use...
July 11, 2023
Shutterstock and OpenAI have agreed to stick together for another six years. The expanded partnership, announced Tuesday (July 11), will help Shutterstock “solidify its position as a leading provider of high-quality training data for OpenAI models,” the stock image, video and music provider said in a news release. With the new collaboration, OpenAI — creator of the artificial intelligence […]
October 06, 2022
As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats. For example, between June and November 2021, the number of physical skimming...
October 26, 2020
To evaluate the financial and operational risks presented by significant market interruptions, disasters or other catastrophic occurrences, Accenture and the Massachusetts Institute of Technology (MIT) are creating a supply chain...
February 03, 2020
The U.S. Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. 3). The auction of 4,040 confiscated bitcoin — worth $37.7 million at press time —...
