Bitcoin price and energy use for mining highly correlated: UN report

A recent study conducted by the United Nations suggests a direct correlation between the price of Bitcoin (BTC) and the energy needed for mining operations.UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mini ...

UN launches international effort to tackle AI governance challenges

The United Nations Secretary-General, António Guterres, revealed the establishment of a 39-member advisory committee aimed at tackling matters related to the global regulation of artificial intelligence (AI), on Thursday, Oct. 26.According to the announcement, the roster comprises individu ...

UNESCO and Netherlands design AI supervision project for the EU

The United Nations and the Dutch government have unveiled plans to establish a framework for the ethical oversight of artificial intelligence (AI). The project, titled "Supervising AI by Competent Authorities," is a collaboration between the Dutch Authority for Digital Infrastructure and UNESCO (the ...

UK’s Travel Rule comes into effect, could halt certain crypto transfers

Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1.The rules targeting virtual asset service providers were first introduced by the Financial Conduct Authority ...

Generative AI Impact on Jobs: A Closer Look at Automation Potential and Gender Disparities

Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles, such as clerical work, could see more of their tasks automated than others. According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization — a United Nations ...

The UN holds a robot press conference about the state of AI

At the AI for Good 2023 global summit, a panel of robots and their creators sat in front of the press to answer journalists’ questions on topics such as job automation, artificial intelligence (AI) leadership and collaboration with humans for a better future. The summit was hosted by ...

Girlfriends, murdered kids, assassin androids — is AI cursed?

Is artificial intelligence (AI) cursed? It seems to be accelerating us toward a dystopia that humanity isn’t ready for.It's true that AI has had positive effects for some people. Twitter hustlers have an endless stream of new AI tools, giving them endless content about useless ChatGP ...

Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF

A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies.On June 23, the United Nations body — whose role is to promote strategies to co ...

UN report highlights ‘serious and urgent’ concerns about AI deepfakes

The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media.In a June 12 report, the UN claimed the risk of disinformation online has “intensified” due to “rapid adv ...