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AI Chatbot ChatGPT falls prey to hypnosis and hacking. MPCVault Cryptocurrency Enterprise Portfolio Reaches $500 Million Milestone in Record Time

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Researchers hack AI chatbot ChatGPT using hypnosis techniques to fool LLMs

Good morning tech family, here are some quick tech updates for you to follow!

Today’s news: Dell cuts sales staff and shifts to partner-led strategy

Quick insights: MPCVault Cryptocurrency Enterprise Portfolio Reaches $500 Million Milestone in Record Time

A recent paper warned that using generative AI to aid fraud and cyberattacks does not require in-depth coding skills. According to IT giant IBM, researchers have discovered simple ways to trick large language models (LLMs), such as ChatGPT, into writing malicious code and providing bad security advice. According to Chenta Lee, chief architect of threat intelligence at IBM, “To explore the security risks posed by these innovations, we attempted to hypnotize popular LLMs to determine the extent to which they were able to provide direct responses and recommendations , incorrect and potentially risky – including security actions – and how persuasive or persistent they have been in doing so.

To improve its market strategy, Dell launched a partner-oriented model. As part of this change, there will be a reorganization of the company’s sales teams, which could lead to the departure of some team members. If these changes are in addition to the 6,650 job cuts announced earlier this year, Dell has not officially said they are. According to a report from CRN, Dell is poised to transform its sales environment by placing an emphasis on direct sales staff’s ability to push storage products through partner channels. This redesigned model aims to motivate sales representatives by offering them increased compensation for generating sales in the storage product area.

AI drift occurs when a TO THE System performance and behavior change over time, often due to the evolving nature of the data it interacts with and learns from. This can result in the Artificial intelligence system that makes predictions or decisions that deviate from its original design and intended purpose. In essence, Artificial intelligence model drift is a form of algorithmic bias that can lead to unintended consequences and potentially harmful outcomes. to know more

There are few solutions available to help businesses manage their digital assets, although several have been created to meet consumer demand for cryptocurrencies. Therefore, many companies find themselves holding a considerable amount of Bitcoin in self-custodial wallets and centralized exchanges that are unsuitable for business needs, similar to a company managing its funds through a consumer bank. To serve cryptocurrency businesses similar to a corporate bank serving traditional businesses, Jason Li and his co-founders founded MPCVault, which provides non-custodial, multi-signature crypto wallets as a service.

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