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OpenAI publishes guidelines for preventing risks related to artificial intelligence. WazirX Sees Massive Drop in Volume Due to Crypto Pressure from India

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OpenAI Releases AI Risk Prevention Guidelines in 2024: A New Chapter in Safe and Ethical AI

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

Today’s news: IT jobs lag behind India’s hiring boom

Quick insights: WazirX Sees Massive Drop in Volume Due to Crypto Pressure from India

On Monday, OpenAI, creator of ChatGPT, released the latest set of rules for estimating “catastrophic risks” associated with artificial intelligence in models currently in development. The news comes a month after CEO Sam Altman was fired from the company’s board, only to be reinstated a few days later due to employee and investor opposition. US media reported that board members had chastised Sam Altman for pushing for faster development of OpenAI at the expense of avoiding some questions about the potential dangers of the technology.

According to a survey conducted by employment platform Taggd, India’s hiring market is expected to expand in 2024, with the overall intent rising 19% from the previous year. With a strong hiring intent of 25%, the manufacturing sector leads the pack and highlights the promising future of industrial growth. A good trend in the manufacturing sector is indicated by the research titled “India Decoding Jobs 2024”, which states that manufacturing companies expect to hire 15-30% more graduates from the batch of 2024 compared to the batch of 2023. Today was unveiled at a Confederation of Indian Industry (CII) function.

Artificial intelligence is revolutionizing industries by simplifying tasks, enabling efficient decision making and reducing costs. Its autonomous capabilities free individuals from repetitive tasks, allowing them to focus on core activities. Rapid data analysis provides valuable insights, improving overall productivity and transforming the way industries operate. to know more

India’s leading cryptocurrency exchange WazirX has seen its trading volume decline by $1 billion in 2023 due to growing regulatory pressure on its market and a global decline in the price of digital assets, including stocks. This year’s total cryptocurrency trading volume on the WazirX platform was 90% lower than that of 2022, when it reached $10 billion, and 97% lower than that of 2021, when it was $43 billion. dollars. In a public statement on Tuesday, WazirX, which has been at odds with Binance over ownership of the Indian company, highlighted the $1 billion trade total, casting a positive light on the latest statistics.

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