Just a week after President Biden’s Executive Order on the use of AI highlighted potential societal harms including disinformation, Adobe responded today to a controversy over an AI-generated stock image of a Gaza explosion that was used by several small blogs and websites without being labeled as AI-generated.
The Australian news outlet Crikey first reported the image, among other…
Biden Administration Seeks More Tools to Combat Illicit Crypto Use, Says Treasury Official – Regulation Bitcoin News
November 9, 2023
United States Deputy Secretary of the Treasury Wally Adeyemo says the Biden administration is seeking more tools to combat the illicit use of crypto. “We’re going to work with Congress to get more tools,” he stressed, advising the crypto industry to “make sure that…
US Regulator to Continue Going After Crypto Entities Despite Court Setbacks — Expert – Interview Bitcoin News
November 9, 2023
The U.S. Securities and Exchange Commission is unlikely to issue clear guidelines on the application of the law against the crypto industry before its case against Ripple is finalized, an industry expert has said. The U.S. securities regulator only needs to provide…
Which is it, already – is US EV demand slowing or growing?
November 9, 2023
Some media say EV demand is slowing, and other media claim there’s record demand. So what’s going on? ZETA’s Albert Gore and I chatted about it.
Let’s look at the latest US EV sales stats first. Cox Automotive reported on October 12 that EV sales volumes set another record in Q3, as total sales of BEVs passed 300,000 for the first time in the US market. That’s a 49.8% increase…
Switzerland pulls the plug on tax breaks for electric vehicles
November 9, 2023
In a controversial move, Switzerland has decided to tax electric cars in the same way it does for gas guzzlers, saying that special tax exemptions are no longer necessary.
The Swiss Federal Council announced the news yesterday, stating that it is pulling the plug on the…
Archer Aviation plans to launch air taxi services in India operating up to 200 Midnight eVTOLs
November 9, 2023
Less than a month after announcing plans to implement commercial air taxi services in the UAE, eVTOL developer Archer Aviation has signed a separate agreement with InterGlobe Enterprises to bring its zero-emissions aircraft mobility to India, pending regulatory…
Volvo inks deal for enormous, Tesla-style giga press
November 9, 2023
Following in Telsa’s footsteps, Volvo has just signed a contract with Italian giga press maker IDRA to install two of its largest presses at a new site in Slovakia. The giga presses – what will likely be a reconfigured version of the same Giga Press 9000 that is making Telsa’s Cybertruck – are the world’s largest, the size of a small house and producing a clamping force of more than…
A truckload of wrapped Tesla vehicles spotted
November 9, 2023
A truckload carrying what appears to be brand-new wrapped Tesla vehicles was spotted not long after the automaker announced a new program for in-house wraps.
After months of speculation, Tesla announced last month a new program to start selling color wraps for Model 3 and…
7 fascinating use cases of AI in finance
November 9, 2023
AI, large language models and machine learning have disrupted the financial industry for over a decade. What began small with simple routines has now expanded possible applications to more complex and precise use cases. The ability to read, process and analyze vast amounts…
BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’ – Bitcoin News
November 9, 2023
In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital currencies (CBDCs) will “sit at the core of the future financial system,” bringing innovation and meeting public expectations.
While Challenges Remain, BIS Boss Agustín Carstens Insists CBDCs Will ‘Secure the Future Monetary System’
In February…
