A senior policy maker at the Bank of England has warned that Bitcoin and other cryptocurrencies may soon risk the financial stability of global economies unless governments prioritise stricter regulation.
The European Commission (EC) has launched a proposal requiring all small tech devices sold in the EU to use the USB-C charging port. This is likely to result in serious ramifications for tech firms; Apple in particular will feel the bite, given the unrivalled incompatibility of its devices with others on the market.
Coinciding with the democratisation of technology (the rapid increase in accessibility of technology), the emergence of “deepfakes” has experienced a meteoric rise. The term “deepfake” is an apt amalgamation of “deep-learning” and “fakes”, two concepts which exist independently of one another, but when combined have a greater, more ominous meaning. Deepfake is the term used whereby somebody’s face (and typically words) are superimposed onto another’s body in a video, changing the content of their expressions and speech for any agenda imaginable, often with nefarious intent. Indeed, with remarkable ease, we are now enabled to change people’s words and actions.
Investigations have commenced into both Tesla’s driver-assistance system ‘Autopilot’ and the marketing practices of Elon Musk (Tesla’s founder) for his over-emphasising of Autopilot’s capabilities. This follows several road traffic accidents and calls by US Senators, government departments and independent bodies to examine the company and its technology.