
ChatGPT founder says bitcoin is ‘super logical’ next step for tech
OpenAI boss Sam Altman has labelled bitcoin the “super logical” next step for technological progress, just months after launching his own cryptocurrency. Mr Altman, whose company launched the viral AI assistant ChatGPT last year, made the comments on a recent appearance on The Joe Rogan Experience podcast, during which he also lamented the role of government regulation in the crypto space. “The war on crypto... that makes me quite sad about the country,” Mr Altman said. “I think this idea that we have this global currency that is outside of the control of any government is a super logical and important step on the tech tree.” The price of bitcoin fell sharply in 2021 and 2022, largely driven by the collapse of the FTX crypto exchange. The US Securities and Exchange Commission has since filed lawsuits against other exchanges like Binance and Coinbase as part of a crackdown against the industry. A crypto bill has also been introduced by Senator Elizabeth Warren in an attempt to address “crypto’s use in money laundering, drug trafficking, and financing of terrorism and rogue nations”. The OpenAI boss spoke briefly about his own cryptocurrency project, called Worldcoin, which has faced several controversies since officially launching in July. The project involves collecting people’s biometric data through an iris-scanning orb in exchange for a share of the crypto token WLD. The idea is to use the data to verify each individual’s “unique personhood” in order to ensure that no one is able to claim more than their allotted share of the cryptocurrency. The unique approach has been branded both “outlandish” and “revolutionary” by crypto commentators, with some warning that the sensitive nature of the data means it could be exploited by nefarious actors. Regulators in several countries, including France and Germany, are investigating Worldcoin’s operations to see if it is in violation of data security practices. Worldcoin has acknowledged the privacy concerns, noting in a blog post in August that “everything is optional” and that no personal information needs to be tied to the iris scan. “[The Orb] validates a person’s humanness locally on the device, without needing to send, upload or save images,” the post stated. “By default, the Orb promptly deletes iris images after the creation of the iris code.” Read More Sam Bankman-Fried trial: Billion dollar crypto fortune was ‘built on lies’, prosecutors say How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin
2023-10-10 23:02

'The Ultimatum: Queer Love' fans slam Aussie Chau for walking out on Mildred: 'Runs from everything'
In a typical style, Aussie leaves a note and flees the scene rather than telling Mildred directly why this isn't working
2023-06-01 12:43

Pokemon Go Creator Niantic Suffers Metaverse Woes
Just a few years ago, tech evangelists were hailing Niantic Inc., the maker of the hit game Pokémon
2023-05-19 20:00

How Long Does Winter Last in Kingdom Two Crowns?
How Long Does Winter Last in Kingdom Two Crowns?
1970-01-01 08:00

JCPenney Releases All-New Collection Inspired by Hit Series “Abbott Elementary” to Celebrate Teachers Uplifting Their Communities
PLANO, Texas--(BUSINESS WIRE)--Sep 28, 2023--
2023-09-28 21:05

Erik ten Hag’s got a good thing going at Manchester United – Jonny Evans
Jonny Evans is convinced Manchester United have a “good thing going” under Erik ten Hag despite their shaky start to the season. Things have gone awry after a promising first campaign under the Dutchman, with the Red Devils losing four of their first six matches in all competitions for the first time since 1986. There were some mitigating factors in that poor run but that did not stop the pressure mounting on the Old Trafford giants heading into Saturday evening’s Premier League trip to Burnley. Ten Hag’s troops were far from their best but Bruno Fernandes’ brilliant volley secured a 1-0 win for a side that begin their Carabao Cup defence at home to Crystal Palace on Tuesday. Evans watched February’s Wembley triumph from the stands and is now back at the club he came through at as a boy, with the experienced defender confident about United’s future. “I’ve had some up and down moments at Man United over the years,” said the defender, who won three Premier League titles and a Champions League during his previous spell at the club. “I think you get that if you want to be at the top. You know, it’s going to be very up and down. “You’ve got to be able to deal with setbacks and this club is a fantastic club, always want to be challenging at the top, so it’s all part and parcel of it. “The manager’s got a good thing going here. “I’m a fan of the club so I was able to watch them a lot last year, been at both finals to support. Like I say, I think the manager’s got a good thing going.” Evans made his second appearance of the season and first United start in eight-and-a-half years on Saturday evening. The 35-year-old impressed against Vincent Kompany’s Burnley, scoring a goal that was disallowed before providing an exceptional pass for Fernandes’ volleyed winner. “That was great,” the beaming Northern Irishman said after his 200th United appearance. “I was really looking forward to it all day. “I got the shout yesterday in training that I was going to be starting, so I couldn’t wait for the game, really. “I was more nervous in the pre-season, my first pre-season game, to be honest, playing up in Edinburgh. “I didn’t feel any nerves tonight. I actually felt a lot of excitement going into the game. I couldn’t wait for it and I felt good, I felt ready.” Evans produced an impressive all-round display at Turf Moor, leading captain Fernandes to pass on the man of the match award that he had been handed. The centre-back joked it was just the third of a career he never expected to return to such heights having left Leicester on the back of relegation and an injury-hit campaign. Asked if he ever thought he would get back to this level, Evans immediately responded: “No, definitely not. “It’s not a case of winding down. I think people’s career trajectories kind of end up that way and it’s very difficult for a club when you’re 35 years old to take a chance on you. “I had a lot of injury problems last year as well, so for the club to do that and see the value in me, I’m very grateful to be given the opportunity. “On one side it feels really surreal and then on the other side it just feels completely normal. “It’s quite difficult to get my head around sometimes, but I’m loving it. “For a 35-year-old I suppose to come back in – they wanted me to come back in and provide cover – not many people get to do that. “I know it’s going be a big challenge but hopefully it’s one that I can take on. “I feel like it’s one that was perfect for me at this stage of my career.”
2023-09-25 05:30

Spain's Sánchez secures power deal with Catalan separatists prompting anger
Pedro Sánchez's agreement is attacked by conservatives in Spain as opening a back-door to tyranny.
2023-11-10 01:57

Total to Invest $300 Million in Billionaire Adani Green’s Projects
TotalEnergies SE plans to invest $300 million in projects developed by Adani Green Energy Ltd. marking the first
2023-09-20 16:30

The average long-term US mortgage rate falls to 7.29% in fourth-straight weekly drop
The average long-term U.S. mortgage rate fell for the fourth time in as many weeks, more positive news for prospective homebuyers who have been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale
2023-11-23 01:17

Will there be a 'Peaky Blinders' movie? Cillian Murphy addresses rumors about show's big-screen adaptation
'Peaky Blinder's creator Steven Knight recently claimed to have finished the film's script, and fans want Cillian Murphy to return as Tommy Shelby
2023-07-18 17:22

Brazil's Petrobras to pay nearly $5 billion in dividends
SAO PAULO Brazil's state-run oil company Petrobras said on Thursday it will pay dividends of 1.893577 reais per
1970-01-01 08:00

Europe's defence sector seeks EU clarity, greater efficiency
Europe is ploughing billions into its defence industry, with record sums being spent since Russia's all-out invasion of Ukraine, but experts say the EU must make...
2023-12-01 19:13
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