As you might expect, QuickBooks Payroll integrates with QuickBooks Online accounting software exceptionally well, but

OpenAI CEO Sam Altman has sounded his fears about AI-powered election interference, telling a congressional hearing on Tuesday that the technology needs to be regulated to protect voting integrity. Artificial intelligence chatbots like his company’s ChatGPT were a “significant area of concern”, Mr Altman told the Senate Judiciary Subcommittee on Privacy, Technology and the Law “I am nervous about it,” he said about elections and AI, adding rules and guidelines are needed. For months, companies large and small have raced to bring increasingly versatile AI to market, throwing endless data and billions of dollars at the challenge. Some critics fear the technology will exacerbate societal harms, among them prejudice and misinformation, while others warn AI could end humanity itself. “There’s no way to put this genie in the bottle. Globally, this is exploding,” said Senator Cory Booker, one of many lawmakers with questions about how best to regulate AI. Senator Mazie Hirono noted the danger of misinformation as the 2024 election nears. “In the election context, for example, I saw a picture of former President Trump being arrested by NYPD and that went viral,” she said, pressing Altman on whether he would consider the faked image harmful. Mr Altman responded that creators should make clear when an image is generated rather than factual. Speaking before Congress for the first time, Mr Altman suggested that, in general, the US should consider licensing and testing requirements for development of AI models. Mr Altman, asked to opine on which AI should be subject to licensing, said a model that can persuade or manipulate a person’s beliefs would be an example of a “great threshold.” He also said companies should have the right to say they do not want their data used for AI training, which is one idea being discussed on Capitol Hill. Mr Altman said, however, that material on the public web would be fair game. Mr Altman also said he “wouldn’t say never” to the idea of advertising but preferred a subscription-based model. The White House has convened top technology CEOs including Mr Altman to address AI. US lawmakers likewise are seeking action to further the technology’s benefits and national security while limiting its misuse. Consensus is far from certain. An OpenAI staffer recently proposed the creation of a U.S. licensing agency for AI, which could be called the Office for AI Safety and Infrastructure Security (OASIS). OpenAI is backed by Microsoft. Mr Altman is also calling for global cooperation on AI and incentives for safety compliance. Christina Montgomery, International Business Machines Corp chief privacy and trust officer, urged Congress to focus regulation on areas with the potential to do the greatest societal harm. Gary Marcus, a Professor Emeritus at New York University, was also on the panel, and expressed his concerns about the rapid development of artificial intelligence. “We have built machines that are like bulls in a china shop: Powerful, wreckless and difficult to control,” he said. Senator Blumenthal responded by saying it was more like “a bomb in a china shop”. Additional reporting from agencies. Read More ChatGPT is finally connected to the web after huge OpenAI update Regulation ‘critical’ to curb risk posed by AI, boss of ChatGPT tells Congress Watch as OpenAI CEO faces questions from Congress on potential AI regulation Sam Altman testifies before Congress saying there is ‘urgent’ need for regulation

In a flurry of Friday afternoon activity, Fidelity Investments, Invesco, VanEck and WisdomTree filed a fresh set of

HSBC’s app and mobile banking website are down on one of the biggest shopping days of the year. The outage came on the morning of Black Friday, when most large retailers offer significant sales – and customers are even more likely to be checking their balance. Instead, the app showed an error message indicating that service was unavailable. The bank said it was urgently working to fix the issue, which appeared to bring problems across its services. “We understand some customers are having trouble accessing banking services as usual right now,” HSBC said in a statement. “We’re investigating this as a matter of urgency and will share an update as soon as possible.” HSBC offers a status page but it appears to have not been updated. It showed that all services were operating normally – despite the company’s statement otherwise. Those who bank with First Direct may also be affected, since it is a part of HSBC. Read More Users of iPhones can now check bank balance from Wallet app Nasa has received a signal from 10 million miles away Bitcoin mining rate hits all-time high amid record-breaking prediction for 2024

JERSEY CITY, N.J.--(BUSINESS WIRE)--May 11, 2023--

SAN FRANCISCO--(BUSINESS WIRE)--Aug 24, 2023--

Adin Ross, who has always been outspoken, is now in the news for a statement that apparently shows his lack of respect for athletes

Tom Cruise's 'Mission Impossible 7' seemingly has set pieces inspired from the 'Uncharted 2' gameplay

Texas was among the hottest places on Earth last week as a heat wave brought misery from Mexico

Save $1,051.99: As of Aug. 23, you can get a Sony 85" 4K Ultra HD

Elon Musk says he may need to get surgery before a proposed “cage match” with Mark Zuckerberg

A key government online platform has been down for several days and mobile money services are also affected.