Techmeme
March 29, 2023, 12:00 PM

Top News

Future of Life Institute:
Over 1,000 people, including Elon Musk, sign an open letter urging AI labs to pause training of systems more powerful than GPT-4 for at least six months  —  We call on all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4.  —  Signatures
Delphine Strauss / Financial Times:
Goldman Sachs research: generative AI could increase annual global GDP by 7% over a 10-year period and expose 300M full-time jobs to automation globally  —  Technology could boost global GDP by 7% but also risks creating ‘significant disruption’  —  The latest breakthroughs in artificial intelligence …
Wall Street Journal:
Nansen: Binance saw net outflows of $2.1B over seven days as of 27 March, as it raised fees, suffered software issues, and faced a CFTC lawsuit  —  In a tumultuous few days, crypto giant raises fees, suffers software issues and faces regulator lawsuit  —  Crypto's Crash Has Been Swift but Largely Self-Contained.
Bloomberg:
The FDIC tells Signature's crypto clients that they have until April 5 to close their accounts, as Flagstar's bid excluded ~$4B in Signature's crypto deposits  —  The Federal Deposit Insurance Corp. informed crypto clients with deposits at the failed Signature Bank that they have until April 5 …
Forbes:
Sources: Sam Bankman-Fried is paying his legal fees from a $10M+ gift he gave his father with money borrowed from Alameda  —  While still CEO of now-collapsed FTX, Bankman-Fried transferred millions of dollars to his father.  Some of those funds have since been used to pay for his mounting legal fees …
More: Watcher GuruThanks:@sarahnemerson
Andy Greenberg / Wired:
Researchers say North Korean hackers are likely laundering stolen crypto by renting cloud compute to mine fresh coins, avoiding more scrutinized crypto mixers  —  A spy group working for the Kim regime has been feeding stolen coins into crypto mining services in an effort to throw tracers off their trail.
Aisha Malik / TechCrunch:
Google plans to add a “Perspectives” carousel, showcasing experts and others under Top Stories, and an “About this author” feature for US English searches  —  Google is introducing new ways for users to verify information on Search, the company announced on Tuesday.
Ryan Browne / CNBC:
The UK government publishes recommendations for AI and urges regulators to issue practical guidance to organizations on implementing them in their sectors  —  - The U.K. government has published a white paper for the artificial intelligence industry.  — It calls on regulators to come up with …
Nilay Patel / The Verge:
Q&A with Mastodon CEO Eugen Rochko on open-source governance, business models, rejecting VC firms, running an instance, ActivityPub, content moderation, more  —  CEO Eugen Rochko on running — and growing — a decentralized social network. … Eugen Rochko is the CEO of Mastodon …
Mike Wheatley / SiliconANGLE:
Cerebras open sources seven GPT-based LLMs, ranging from 111M to 13B parameters and trained using its Andromeda supercomputer for AI, on GitHub and Hugging Face  —  Artificial intelligence chipmaker Cerebras Systems Inc. today announced it has trained and now released seven GPT-based large language models …
Indu Bhan / The Economic Times:
An Indian appellate tribunal upholds the ~$160M fine imposed on Google by the Competition Commission of India in the Android antitrust case  —  The NCLAT, an appellate authority for orders passed by the CCI, had started its hearing in the Android matter on February 15 following a directive by the Supreme Court.
Sam Reynolds / CoinDesk:
A US court rules bZx protocol meets the definition of a general partnership and finds token holders of the DAO liable for losses from a $55M hack in 2021  —  Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.
More: Blockworks
Malathi Nayak / Bloomberg:
A US federal judge finds Google flouted a court order requiring the company to save records of staff chats in antitrust litigation over its Play Store policies  —  Alphabet Inc.'s Google flouted a court order requiring it to save records of employee chats in antitrust litigation …

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