CLARITY Act fight heats up as Witt defends crypto crime rules
White House adviser Patrick Witt defends the CLARITY Act as lawmakers race to pass crypto rules despite police concerns before midterms now.
The New York Times AI·
Even the White House, which has been friendly to the artificial intelligence industry, is finding that it needs greater oversight of powerful new models.
Read full articleWhite House adviser Patrick Witt defends the CLARITY Act as lawmakers race to pass crypto rules despite police concerns before midterms now.
Without disclosing that work has been generated using the technology, faith in existing industries will continue to be undermined Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcas When a university vice-chancellor this week admitted to using AI in writing an opinion piece for a major Australian masthead, but did not disclose that use prior to publication, it highlighted the growing gap between people’s use of AI and trust in the technology. Data from Roy Morgan this week showed 13.6m or 58% of the population older than 14 now use AI each month, with ChatGPT being the most popular, followed by Google’s Gemini and Microsoft Copilot. Continue reading...
MIT RAISE and Georgia State University announce an initiative to connect universities, community colleges, industry, and government to expand industry-aligned AI training and career pathways.
OpenAI's push for mandatory AI evaluations could shift regulatory focus from national security to broader civilian oversight, impacting tech innovation. The post OpenAI proposes mandatory evaluations for advanced AI models, diverges from White House plan appeared first on Crypto Briefing.
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.
The order, which signaled a shift from the hands-off approach the White House had previously taken toward A.I., followed debates over how to gain control of A.I. models without disrupting innovation.
Meta's AI support chatbot helped hackers hijack Instagram accounts, as reported earlier by 404 Media. In a video shared on Telegram, a hacker shows how they could take over an account by asking Meta's chatbot to switch the email associated with someone else's profile and then reset the password. The issue, which Meta says has since been patched, cropped up around the same time Barack Obama's White House account on Instagram was hacked. On Sunday, users noticed that the @obamawhitehouse account began posting images containing Iranian propaganda. Hackers appeared to have hijacked the Instagram accounts belonging to the US Space Force Chief Ma … Read the full story at The Verge.
The proposal could streamline compliance for smaller funds but may reduce regulatory oversight granularity, impacting market transparency. The post White House reviews SEC, CFTC proposal to revisit swaps reporting requirements appeared first on Crypto Briefing.