This week, we begin with a story on how the online identity of an individual has become a very valuable digital asset. The next article discusses Microsoft’s USD 10 billion investment in OpenAI to boost work productivity. The following story discusses how renewable energy sources, power management, and optimization are being used for efficient crypto mining. This is followed by an article on the relevance of personal data and how important it is to ensure its protection. The next article talks about the huge amount of data that is produced every year and who controls it. Lastly, we have a piece about the cooperation between the European Commission and the US on artificial intelligence policy for the public good.
Online Identity: The Most Valuable Digital Asset
With the evolution of technology and the revolution that is the blockchain, there’s been a shift in the perception of value of nontangible items, specifically digital assets. This includes cryptocurrency, NFTs and the metaverse, including its decentralized land and real estate within it. One can argue that they don’t have any real intrinsic value, yet another might be willing to spend millions in exchange for them.
Microsoft’s OpenAI Investment To Boost Work Productivity
OpenAI’s new chatbot, ChatGPT, continues to dominate headlines after Microsoft announced its $10 billion investment in OpenAI. Wainhouse Research analyst Sean Spradling wrote about possible ways the Microsoft-OpenAI investment could enhance work productivity.
Solar Powered Crypto-Mining – Earn Money And Save The Planet!
Crypto mining is the process of verifying transactions on a blockchain network and adding them to the blockchain ledger in return for a reward in the form of cryptocurrency. This process is performed by powerful computers called “miners” that solve complex mathematical problems to validate transactions
Personal Data Protection Still Low, New Report Says
Data is the new gold as it aids in decision making in both public and private sectors. Data is used to drive innovation, improve service delivery, and create new business opportunities. However, it is also important to ensure that this data is protected and individual privacy is respected.
How To Take Control Of Your Data
Adoption of emerging technologies has grown exponentially in the past decade, resulting in more data generation than ever. At the start of 2020, the world’s estimated total data was 44 zettabytes. In 2025, the amount of data generated each day is predicted to reach 463 exabytes. The big question is: Who controls the data?
EU, US Step Up AI Cooperation Amid Policy Crunchtime
The European Commission and the US administration signed an “administrative agreement on Artificial Intelligence for the Public Good” at a virtual ceremony on Friday evening (27 January). The agreement was signed in the context of the EU-US Trade and Technology Council (TTC), launched in 2021 as a permanent platform for transatlantic cooperation across several priority areas, from supply chain security to emerging technologies.