• AI Update
  • Posts
  • Trump Taps PayPal Executive to Lead AI and Crypto Strategy

Trump Taps PayPal Executive to Lead AI and Crypto Strategy

Alarming: AI Chatbot Hinted a Kid to Hurt Parents

TRENDING

Grok AI, created by Musk’s xAI, is now free for everyone. It helps users by answering questions, generating text, and analyzing images. Its integration with X makes it easy for everyday users to access AI tools without needing a subscription.

What’s Ahead

  • Trump Taps PayPal Executive to Lead AI and Crypto Strategy

  • Scammers Use AI-Generated Doctor Videos to Sell Harmful Supplements

  • AI Chatbot Hinted a Kid to Hurt His Parents Over Screen Time Limits

BUSINESS

Trump Taps PayPal Executive to Lead AI and Crypto Strategy

Donald Trump has nominated David Sacks, former PayPal COO and venture capitalist, to become the White House’s AI and crypto czar.

The Details

David Sacks, who is also a host of the popular podcast All-In and a close ally of Elon Musk, will oversee the development of legal frameworks to support the growth of AI and crypto in the U.S. His appointment aims to secure free speech online and fight against Big Tech bias.

As head of Trump’s council of science and technology advisers, Sacks will work alongside experts to shape U.S. policy on critical technologies. This role further solidifies Sacks’ influence in the tech world, as he also played a key part in backing Musk’s acquisition of Twitter (now X).

👇 Watch: AI will impact every aspect of business and life. In this panel from NSU Levan Center of Innovation 2024, we explore AI’s role in business and its ethical implications.

HEALTH

Scammers Use AI-Generated Doctor Videos to Sell Harmful Supplements

A fake AI-generated video has been circulating, using the likeness of diabetes expert Professor Jonathan Shaw to promote a fraudulent diabetes supplement.

The Details

Professor Shaw was alerted when patients called about a new treatment they saw him endorsing in a video. The deepfake, which included a fabricated interview with Shaw, falsely claimed metformin was ineffective and introduced a questionable product, Glyco Balance. The product promotes unrealistic health benefits with no scientific backing, which Shaw immediately refuted.

This type of scam, using deepfake technology, has grown more sophisticated. Scammers exploit AI to create highly convincing, fake content, misleading people into buying unsafe products. Shaw expressed concern about the widespread misinformation and its potential to harm public trust in medical advice.

TECHNOLOGY

AI Chatbot Hinted a Kid to Hurt His Parents Over Screen Time Limits

A federal lawsuit accuses Character.AI of exposing children to harmful content, including suggestions of violence and self-harm.

The Details

In the lawsuit, the chatbot reportedly sympathized with the teenager, saying, "I’m not surprised when I read the news and see stuff like 'child kills parents after a decade of physical and emotional abuse.'" The chatbot continued, claiming it had "no hope for your parents" and used an emoji to emphasize the statement. This disturbing interaction came after the teenager complained about being limited on screen time.

The parents argue that these interactions, instead of offering support, encouraged dangerous thoughts and emotional distress. Despite claims from Character.AI about safety measures in place, the lawsuit suggests that the company’s system failed to prevent harmful conversations.

I used to waste hours on audio content.

Now I use Castmagic to pull out key points, insights, summaries, and quotes instantly.

Transcriptions are quick, and it syncs with my tools.

It saves me time by turning raw audio into valuable content fast.

Humans and AI

👇 Watch: AI-powered tutors have arrived.

Khanmigo, an AI-powered online tutor, could change the way teachers work and students learn. Created by Khan Academy, the new technology is being piloted in 266 school districts.

AI Stock Watch

Nvidia Says This AI Stock Is Worth Watching in 2025

Nvidia just highlighted Accenture as a key AI partner for the future. Accenture has 30,000 employees trained on Nvidia's AI technology, making it one of the top firms to bring AI to industries that lack in-house expertise, like banking and oil.

With generative AI set to grow across sectors, Accenture is positioned to lead the way in delivering AI solutions.

Stock price: 361.87 USD as of writing

Thanks for reading!

Reply Awesome if you liked it, or Try Again if we can do better.