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Elon Musk Affirms xAI Chatbot as the 'Best Currently Available' Prior to Trial Launch
Elon Musk is actively pursuing his plan to compete with OpenAI, a company he co-founded in 2015 but later departed from. In a recent announcement, Musk revealed that his rival technology firm, xAI, will allow a limited number of users to test its chatbot this Saturday.
“I spent many years contemplating AI safety and expressing concerns about it. I've been one of the most vocal advocates for AI regulation or oversight, just to have some kind of referee, some oversight,” Musk stated. “So it's not solely up to companies to determine their course of action. I believe there's a lot that can be achieved in the realm of AI safety.”
Despite Musk's critique of OpenAI, he, along with Altman and others, acknowledges the necessity of regulations for responsible AI development. Altman, during a congressional hearing on AI, proposed the establishment of a government agency to supervise AI development in the United States.
The Potential Threat to Financial Freedom
The U.S. government, under President Biden's approval, may be on the verge of a radical move. It involves the issuance of a programmable new form of currency known as Central Bank Digital Currency (CBDC).
What implications could this have for your retirement savings?
A glimpse into Rep. Warren Davidson's (R-OH) call for Congress to "swiftly ban, then criminalize any effort to design, build, develop, test or establish a CBDC" provides some insight.
To safeguard yourself against this potential threat to your financial freedoms don't miss the upcoming Gold & Silver Summit.
Next Thursday @ 7pm ET (4pm PT)
BlackRock Advances Toward Ethereum ETF Approval with SEC Filing
The colossal asset management firm, BlackRock, has submitted a request to the Securities and Exchange Commission (SEC) seeking approval for the listing of the BlackRock Ethereum Trust on the Nasdaq exchange, as outlined in a recent 19b-4 filing.
This marks BlackRock's inaugural Ethereum ETF application following the company's registration of its iShares Ethereum Trust with Delaware earlier today. The initial registration strongly suggested an impending SEC filing.
BlackRock's proposed Ethereum ETF would provide investors with direct exposure to the price of Ether. This stands in contrast to existing products like the Grayscale Ethereum Trust ($ETHE), which trades based on a derivative.
Over the past 24 hours, Ethereum's native token ETH has seen a 9% increase, according to CoinGecko.
Analyst Predicts Bitcoin Could Reach $69K by Mid-2024 as It Enters Acceleration Phase
Bitcoin (BTC) might surge back to its all-time high of over $69,000 by mid-2024, entering an "acceleration phase" characterized by heightened volatility and a rapid rally, according to some traders. This forecast suggests an 88% increase from the current price of $36,500.
Cory Mitchell, an analyst at Trading.biz, explained in a Friday note to CoinDesk, "Bitcoin uptrends tend to move quickly once they get going, moving hundreds of percent often in less than a year. This is called the acceleration phase."
The recent positive sentiment is primarily fueled by the submission of spot bitcoin exchange-traded fund (ETF) filings in the U.S., raising expectations that regulated offerings could pave the way for widespread institutional demand.
Take Action Now - Crypto Boom Amidst Debt Crisis
Our nation is on the brink of a "debt death spiral" that could burden future generations. The Federal Reserve has been implementing rate hikes at levels not witnessed since before the 2008 global financial crisis.
But – many investors are unaware that as interest rates continue to climb, Bitcoin's price is poised to EXPERIENCE A SURGE.
Those informed about the situation will thrive, while others are left trailing behind.
We've assembled a panel of 27 of the world's foremost crypto experts to provide you with top picks and predictions for the upcoming crypto bull run.
Click here now to secure your FREE seat.
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