The Round-Up | Friday 10th February

The Round-Up | Friday 10th February

Welcome back to 'The Round-Up'. From the latest in Technology and AI, let's dive in with the hottest news from the past week...

In this week's edition of 'The Round-Up', we have:

  1. BritCoin
  2. Google Bard
  3. Bing + ChatGPT
  4. Netflix Password Crackdown
  5. Twitter Chaos (again)
  6. The AI War


A BitCoin in front of the Union Jack flag
BritCoin | Image: Madhyamam

BritCoin

The Treasury and the Bank of England predict that a state-backed digital pound will be introduced later this decade. Both organisations seek to make sure that the general public has simple access to secure money in the digital age. The central-bank digital currency (CBDC), according to Chancellor Jeremy Hunt, may be a new "trusted and accessible" method of payment. However, it won't be constructed until at least 2025.?


????? Listen to the full segment on 'The News Brief' Podcast?here


Google logo in front of Bard webpage
Image: Investors.com

Google Bard

Google is taking on ChatGPT, with their all-new ‘Bard’ chatbot, which is powered by artificial intelligence. According to the company, Bard will be used by a group of testers before being made available to the general public in the upcoming weeks. Bard is based on Google's already-existing language model, Lamda.

Additionally, the tech behemoth unveiled new AI search engine tools. The purpose of these AI chatbots is to discover information and respond to queries. Although there are worries that this may potentially contain inappropriate content and misinformation, they use the internet as a vast reservoir of knowledge.

"Bard seeks to combine the breadth of the world's knowledge with the power, intelligence, and creativity of our large language models,"?

wrote Google CEO Sundar Pichai in a blog.


????? Listen to the full segment on 'The News Brief' Podcast?here


The new Bing experience
The new Bing experience | Image: The Verge

Bing + ChatGPT

Microsoft has launched a new version of its search engine Bing, which integrates the latest AI technology from OpenAI. The company has deployed the ChatGPT technology, which has taken the world by storm since its launch last year, in the biggest threat to Google's dominance in web search to date, marking the start of an AI arms race between the two companies. Bing will respond to search queries with more detailed answers, as well as offer a chat feature for users to better tailor their queries.


????? Listen to the full segment on 'The News Brief' Podcast?here


No alt text provided for this image
This aged like milk... | Image: Today.com

Netflix Password Crackdown

Netflix is ending its leniency on password sharing and rolling out fees for "extra member" subaccounts for those outside of the household. The charges will start in Canada, New Zealand, Portugal and Spain and more countries, including the US and the UK, will follow. Netflix's efforts to monetise account sharing comes after its deepest subscriber losses in a decade and amid intensifying competition from new streaming services such as Disney Plus, HBO Max, Peacock, Paramount Plus, and Apple TV Plus.

To counter the competition, Netflix has launched cheaper subscriptions with advertising and is pursuing strategies, including an account-sharing crackdown, it had previously dismissed.


????? Listen to the full segment on 'The News Brief' Podcast?here


Elon Musk's Twitter profile in front of the Twitter logo
Twitter | Image: Chris Delmas/AFP/Getty Images

Twitter Chaos

Twitter has introduced a new feature for its premium Blue service subscribers - longer tweets. Blue users, who pay £8 per month, now have access to a 4,000-character limit, compared to the standard 280 characters for non-paying users. However, this announcement was overshadowed by technical issues, as many users were unable to post tweets due to a daily limit message. Twitter Support acknowledged the problem and stated they were working to resolve it.


????? Listen to the full segment on 'The News Brief' Podcast?here


No alt text provided for this image

The AI War

AI has been a topic of discussion and speculation for decades, with some hailing it as the future of technology and others warning of its potential dangers. But now, it seems that the long-anticipated 'AI War' has finally begun.

Of course, I'm referring to the increasing competition between big-tech corporations leading the development and progression of AI technologies, like OpenAI and Google. With AI being seen as the key to unlocking countless benefits in fields ranging from healthcare to military, to internet search and social media algorithms, the race is on to establish dominance in this rapidly-evolving field.

The outcome of the AI War has the potential to shape our future in profound ways, for better or for worse. In this article, we will delve into the key players, the technologies, and the stakes involved in this global conflict.


?? ?? Read the full article?here


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