Feb 18, 2019 - Insuring Against Cyber-Fraud? Easier Said Than Done

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Elon Musk-backed AI Company Claims It Made a Text Generator That's Too Dangerous to Release
Researchers at the non-profit AI research group OpenAI just wanted to train their new text generation software to predict the next word in a sentence. It blew away all of their expectations and was so good at mimicking writing by humans they’ve decided to pump the brakes on the research while they explore the damage it could do.
Elon Musk has been clear that he believes artificial intelligence is the “biggest existential threat” to humanity. Musk is one of the primary funders of OpenAI and though he has taken a backseat role at the organization, its researchers appear to share his concerns about opening a Pandora’s box of trouble. This week, OpenAI shared a paper covering their latest work on text generation technology but they’re deviating from their standard practice of releasing the full research to the public out of fear that it could be abused by bad actors. Rather than releasing the fully trained model, it’s releasing a smaller model for researchers to experiment with.

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75% graduates unfit for IT jobs; India needs to bridge employability gap: VC

Nearly 75%of graduates are not fit for jobs in the IT industry today,” said Bangalore North University vice-chancellor during a higher education semin



Today's TradeBriefs Cartoon

Lenovo aims 20 per cent revenue growth in India this fiscal

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’Don’t be too optimistic’: Huawei employees fret at US ban

While Huawei’s founder brushes aside a US ban against his company, the telecom giant’s employees have been less sanguine, confessing fears for their future in online chat rooms. Huawei CEO Ren Zhengfe

Telangana to have India's first blockchain district; woos firms with incentives

Telangana will house all major Blockchain technology companies, a huge incubator and a world-class facility for promoting research.Telangana govt proposed 25% subsidy on lease rentals up to ₹5 lakh per annum for the first 3 years of operations

Electric vehicle journey to begin with hybrid technology in India: Honda

Currently, not many auto companies in India are keen to introduce hybrid models under the GST regime.A hybrid car combines a conventional combustion engine with an electric motor to run the vehicle

US cities hijacked by tool stolen from the NSA

Cyber attacks have reached a new high in US with cybercriminals zeroing in on vulnerable towns and cities.

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