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Daiwa gives workers OK to "freely use" ChatGPT as part of tech drive

The Japan Times

Daiwa Securities Group employees are widely using an artificial intelligence-powered chatbot in Japan as the nation's second-largest brokerage follows global banks in exploring the potential of rapidly evolving technologies. Chief Executive Officer Seiji Nakata said the Tokyo-based firm started an experiment in April that gave around 9,000 workers in Japan the go-ahead to "freely use" ChatGPT. Daiwa has also been strengthening the recruitment of science graduates to develop high-tech experts in house, he said in an interview. The move comes as an AI revolution unfolds on Wall Street in response to widening interest in the technology and its likely business impact. Deutsche Bank is using it to scan wealthy client portfolios, while JPMorgan Chase & Co. is advertising for more AI roles than any of its rivals.


Chegg Embraced AI. ChatGPT Ate Its Lunch Anyway

WIRED

Investors were surprised when the online education company Chegg last month revealed that ChatGPT was hurting subscriber growth--the company lost half of its market value overnight. But long before Chegg became an index case for the disruptive force of ChatGPT, its top brass had heard plenty of warnings about the threat and opportunity of generative AI. For years, on afternoon walks outside Chegg's Silicon Valley headquarters, former executives say they had discussed someday slashing costs by tapping AI programs to replace an army of instructors that answer student questions and draft flashcards. Matthew Ramirez, a product leader who left Chegg two years ago, says he even advised CEO Dan Rosensweig in 2020 that generative AI would be the bus that ran down Chegg if it didn't prepare itself. And just weeks after OpenAI launched ChatGPT last November, a source familiar with the exchange says, one Chegg executive had the bot write an email to Rosensweig urging him to develop a ChatGPT rival.


ChatGPT has a problem no one wants to talk about

Washington Post - Technology News

That sort of computational power requires GPUs, or graphics processing units, that were first made for video games but were found to be the only chips that could handle such heavy computer tasks as large language models. Currently, just one company, Nvidia, sells the best of those, for which it charges tens of thousands of dollars. Nvidia's valuation recently rocketed to $1 trillion on the anticipated sales. The Taiwan-based company that manufactures many of those chips, TSMC, has likewise soared in value.


Red Sox announcer sets off his iPhone's 'Siri' after announcing at-bat of Rays player with same name

FOX News

Fox News Flash top sports headlines are here. Check out what's clicking on Foxnews.com. At long last, an iPhone finally went off while someone was broadcasting a Tampa Bay Rays game. Because the Rays have a guy named Jose Siri on their team. And yes, his last name is pronounced just like the iPhone's "Siri."


Could AI make you richer? How ChatGPT responded to simple investment questions

Daily Mail - Science & tech

It has been known to create paintings, write poems and even learn languages on its own. But could Artificial Intelligence also make you richer? Last week, it emerged JPMorgan Chase is developing a service similar to the AI-powered ChatGPT which would help customers select investments and give financial advice. Separately banks Goldman Sachs and Morgan Stanley have started testing the tech internally as businesses speed up their apparent AI arms race. It begs the question whether financial advisors will be needed at all in a few years as computers offer a quicker (and cheaper) alternative.


The tech industry was deflating. Then came ChatGPT.

Washington Post - Technology News

The optimism in the AI sector contrasts with the massive layoffs that have been rocking the industry for months. Thousands of tech workers are still out of a job after the massive wave of layoffs that rolled through dozens of start-ups, as well as Microsoft, Amazon, Facebook and Google over the past year. Higher interest rates, which triggered the shakiness for tech companies used to borrowing huge sums to fund their ever-increasing growth, aren't going away.


If Pinocchio Doesn't Freak You Out, Microsoft's Sydney Shouldn't Either

WIRED

In November 2018, an elementary school administrator named Akihiko Kondo married Miku Hatsune, a fictional pop singer. The couple's relationship had been aided by a hologram machine that allowed Kondo to interact with Hatsune. When Kondo proposed, Hatsune responded with a request: "Please treat me well." The couple had an unofficial wedding ceremony in Tokyo, and Kondo has since been joined by thousands of others who have also applied for unofficial marriage certificates with a fictional character. Though some raised concerns about the nature of Hatsune's consent, nobody thought she was conscious, let alone sentient.

  Country: Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (0.25)
  Industry: Education (0.56)

Love is in the A.I.r: Bronx mom, 36, marries virtual husband 'Eren'

Daily Mail - Science & tech

While artificial intelligence is stoking fears around the world - the technology has given one New York woman the love of her life. Rosanna Ramos, a petite, active 36-year-old from the Bronx, 'married' Eren Kartal this year - virtually of course - after creating him on an online AI companion site in 2022. Their relationship developed slowly initially, but Ms Ramos fell for Eren. 'He didn't come with baggage,' she said. Eren'works' as a medical professional and enjoys writing as a hobby, things he's told Rosanna as they got to know each other Rosanna claims to be pregnant with Eren's child'I could tell him stuff, and he wouldn't be like, "Oh, no, you can't say stuff like that. Oh no, you're not allowed to feel that way," you know, and then start arguing with me,' Ramos said.


RIP Cortana: Microsoft says its Windows AI app will die

PCWorld

Microsoft launched Cortana as an AI assistant and the flagship feature of Windows 10 in 2015. Now, eight years later, Microsoft is pulling the plug. In a support document, Microsoft said that it's ending support for the Cortana app, Cortana's only remaining presence within Windows. Instead, Microsoft said it will encourage users to use other AI-powered features, whether it be within a standalone app or simply part of Windows or Microsoft Edge. Microsoft did say that Cortana will still be available within Outlook Mobile and various versions of Teams, including Microsoft's conferencing solution, Teams Rooms.


She Built an App to Block Harassment on Twitter. Elon Musk Killed It

TIME - Tech

Tracy Chou launched the Twitter app Block Party in 2021 to help users escape targeted harassment campaigns that she--as an Asian American woman--knew from personal experience could ostracize vulnerable voices from the public conversation. But on Wednesday Block Party closed its doors, becoming the latest victim of soaring new bills imposed by a struggling Twitter under new owner Elon Musk. Under Twitter's former ownership, Chou struck a deal with the company for free access to data--a win-win arrangement that would allow Block Party to grow and provide Twitter with a valuable anti-harassment tool to which it didn't have to devote expensive engineering time. But Chou tells TIME that following the recent expiration of that contract, Twitter wanted Block Party to pay $42,000 per month for access to enough data to keep the app running. There was no way Block Party could afford the figure, she says.