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Archive for the ‘law’ category: Page 34

Jun 3, 2022

New York just passed a bill cracking down on bitcoin mining — here’s everything that’s in it

Posted by in categories: bitcoin, blockchains, cryptocurrencies, law, security

Following an early morning vote in Albany on Friday, lawmakers in New York passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources. The measure now heads to the desk of Governor Kathy Hochul, who could sign it into law or veto it.

If Hochul signs the bill, it would make New York the first state in the country to ban blockchain technology infrastructure, according to Perianne Boring, founder and president of the Chamber of Digital Commerce. Industry insiders also tell CNBC it could have a domino effect across the U.S., which is currently at the forefront of the global bitcoin mining industry, accounting for 38% of the world’s miners.

The New York bill, which previously passed the State Assembly in late April before heading to the State Senate, calls for a two-year moratorium on certain cryptocurrency mining operations which use proof-of-work authentication methods to validate blockchain transactions. Proof-of-work mining, which requires sophisticated gear and a whole lot of electricity, is used to create bitcoin. Ethereum is switching to a less energy-intensive process, but will still use this method for at least for another few months.

Jun 1, 2022

Who’s liable for AI-generated lies?

Posted by in categories: law, robotics/AI

**Who will be liable** for harmful speech generated by large language models? As advanced AIs such as OpenAI’s GPT-3 are being cheered for impressive breakthroughs in natural language processing and generation — and all sorts of (productive) applications for the tech are envisaged from slicker copywriting to more capable customer service chatbots — the risks of such powerful text-generating tools inadvertently automating abuse and spreading smears can’t be ignored. Nor can the risk of bad actors intentionally weaponizing the tech to spread chaos, scale harm and watch the world burn.

Indeed, OpenAI is concerned enough about the risks of its models going “totally off the rails,” as its documentation puts it at one point (in reference to a response example in which an abusive customer input is met with a very troll-esque AI reply), to offer a free content filter that “aims to detect generated text that could be sensitive or unsafe coming from the API” — and to recommend that users don’t return any generated text that the filter deems “unsafe.” (To be clear, its documentation defines “unsafe” to mean “the text contains profane language, prejudiced or hateful language, something that could be NSFW or text that portrays certain groups/people in a harmful manner.”).

But, given the novel nature of the technology, there are no clear legal requirements that content filters must be applied. So OpenAI is either acting out of concern to avoid its models causing generative harms to people — and/or reputational concern — because if the technology gets associated with instant toxicity that could derail development. will be liable for harmful speech generated by large language models? As advanced AIs such as OpenAI’s GPT-3 are being cheered for impressive breakthroughs in natural language processing and generation — and all sorts of (productive) applications for the tech are envisaged from slicker copywriting to more capable customer service chatbots — the risks of such powerful text-generating tools inadvertently automating abuse and spreading smears can’t be ignored. Nor can the risk of bad actors intentionally weaponizing the tech to spread chaos, scale harm and watch the world burn.

May 30, 2022

Elon Musk versus the Woke Cartel

Posted by in categories: Elon Musk, governance, government, law, neuroscience, sustainability, transhumanism

Many criticisms have been leveled against Elon Musk—that he’s part of the elite, that Tesla has been the beneficiary of government handouts and exemptions, that his transhumanist Neuralink is a brain-data-mining operation. Yet his planned purchase of Twitter, his supposed free-speech absolutism, and his subsequent renunciation of the Democratic Party as “the party of hate” have put Musk squarely in the crosshairs of the woke cartel.

Vitriolic Twitter storms, a New York Times-Financial Times biographical exposé, a slew of hit pieces and scaremongering segments in the legacy media, and allegations of sexual harassment have dogged the automobile magnate ever since his Twitter bid. In response, Musk announced on Twitter that he’s assembling a legal crew to sue defamers and defend Tesla (and likely himself) against lawsuits.

But the best indication that the woke cartel has really gone berserk is its removal of Tesla from the S&P 500’s ESG (Environmental, Social, and Governance) Index. This last rebuff proves that “ESG is a scam.”

May 30, 2022

Artificial intelligence is breaking patent law

Posted by in categories: geopolitics, law, robotics/AI, treaties

The patent system assumes that inventors are human. Inventions devised by machines require their own intellectual property law and an international treaty.

May 26, 2022

Ian Bremmer on NATO Expansion and the Opportunity for American Unity | Amanpour and Company

Posted by in categories: governance, law

In the last part of this interview, Ian talks about the lack of a global legal / governance framework to deal with accelerating technologies.


At the World Economic Forum in Davos today, the president of Switzerland warned of a world in the throes of multiple crises. This also is the subject of a new book by political scientist Ian Bremmer. In “The Power of Crisis: How Three Threats – and Our Response – Will Change the World,” Bremmer looks at how we can better prepare for the global challenges ahead, as he explains to Walter Isaacson.

Continue reading “Ian Bremmer on NATO Expansion and the Opportunity for American Unity | Amanpour and Company” »

May 24, 2022

How Americans think about artificial intelligence

Posted by in categories: employment, food, health, law, robotics/AI, transportation

Artificial intelligence (AI) is spreading through society into some of the most important sectors of people’s lives – from health care and legal services to agriculture and transportation.1 As Americans watch this proliferation, they are worried in some ways and excited in others.

In broad strokes, a larger share of Americans say they are “more concerned than excited” by the increased use of AI in daily life than say the opposite. Nearly half of U.S. adults (45%) say they are equally concerned and excited. Asked to explain in their own words what concerns them most about AI, some of those who are more concerned than excited cite their worries about potential loss of jobs, privacy considerations and the prospect that AI’s ascent might surpass human skills – and others say it will lead to a loss of human connection, be misused or be relied on too much.

But others are “more excited than concerned,” and they mention such things as the societal improvements they hope will emerge, the time savings and efficiencies AI can bring to daily life and the ways in which AI systems might be helpful and safer at work. And people have mixed views on whether three specific AI applications are good or bad for society at large.

May 22, 2022

Puzzling Quantum Scenario Appears Not to Conserve Energy

Posted by in categories: energy, law, quantum physics

THE #QUANTUM #PHYSICISTS Sandu Popescu, Yakir Aharonov and Daniel Rohrlich have been troubled by the same scenario for three decades.

It started when they wrote about a surprising #wave #phenomenon called #superoscillation in 1990. “We were never able to really tell what exactly was bothering us,” said Popescu, a professor at the University of Bristol. “Since then, every year we come back and we see it from a different angle.”

Finally, in December 2020, the trio published a paper in the Proceedings of the National Academy of Sciences explaining what the problem is: In #quantumsystems, superoscillation appears to violate the law of conservation of #energy. This law, which states that the energy of an isolated system never changes, is more than a bedrock physical principle. It’s now understood to be an expression of the fundamental symmetries of the universe—a “very important part of the edifice of physics,” said Chiara Marletto, a physicist at the University of Oxford.

Continue reading “Puzzling Quantum Scenario Appears Not to Conserve Energy” »

May 20, 2022

New Evidence of Underground Water on Mars — Or Something Much Stranger

Posted by in categories: law, robotics/AI, space

Alan DeRossettElon holds a grudge after nearly 20 years of Putin bots and fossil fuel cater calling him and Tesla owners losers stay tuned to the next episode as Elons lawyers prove Twitter has millions of bots and fake users More than it legally said in Elons contr… See more.

Steven PostrelThe incompetence of this bad cut-and-paste article is notable. The S&P 500 is not new, not ESG related, and not dropping Tesla.

There is a separate “S&P 500 ESG” product that is relatively new and that dropped Tesla, but it isn’t the benchmark that a… See more.

Continue reading “New Evidence of Underground Water on Mars — Or Something Much Stranger” »

May 8, 2022

Protection of virtual property: Can you truly own anything in the metaverse?

Posted by in categories: blockchains, law

May 8, 2022

Cybersecurity reporting mandates could make us more vulnerable, not less

Posted by in categories: cybercrime/malcode, finance, law

Those who call for mandatory reporting have the right intent, but if it’s not implemented in the right way, it will cause more harm than good.

Mandatory reporting almost always puts companies at risk, either legally or through financial penalties. Penalizing an organization for not reporting a breach in time puts it in a worse cybersecurity posture because it is a strong incentive to turn a blind eye to attacks. Alternatively, if a company knows of a breach, it will find ways to “classify” it in a way that falls into a reporting loophole.

The reporting timelines in the law are arbitrary and not based in the reality of effective incident response. The first hours and days after a breach are integral to the actual incident reporting process, but they are chaotic, and teams are sleep-deprived. Working with lawyers to determine how to report and figuring out the evidence that companies do and don’t want to “see” just makes the process harder.

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