Bitcoin News and Finance
Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze Skip to main content

Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

El Salvador Eliminates All Taxes on Tech Innovations, AI, Software, Hardware Manufacturing

El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the country’s technology sector, generate more jobs for its population, and attract foreign investment.

Bukele Signs Law to Boost Technology Industry in El Salvador

The president of El Salvador, Nayib Bukele, announced Thursday on Twitter:

I’ve just signed into law the Innovation and Technology Manufacturing Incentives Act that eliminates all taxes (income, property, capital gains, and import tariffs) on technology innovations, software and app programming, AI, computer and communications hardware manufacturing.

Commenting on the new tax law, Salvadoran Minister of Economy María Luisa Hayem described: “El Salvador is ready to attract new investments in the technology sector, and thereby generate more jobs for our population.”

El Salvador’s director of the Central American Bank for Economic Integration (CABEI), Luis Rodríguez, was quoted by Diario El Salvador as saying: “We welcome this commitment to the future of El Salvador, we are ready as CABEI to accompany this entire process.” CABEI is a regional entity established with the objective of promoting economic integration and balanced economic and social development in Central America.

Érick Chacón, president of the Salvadoran Fintech Association expressed his excitement about the bill to the publication when it was still being discussed in the Legislative Assembly weeks ago. He said that the new tax incentives would allow the ecosystem to expand and that these are important steps to position El Salvador as a technology and innovation hub.

El Salvador’s new tax law is welcomed by many on social media. Venture capitalist Balaji Srinivasan commented on Twitter: “It’s not about first world and third world anymore. It’s about ascending world and descending world. And under @nayibbukele’s leadership, El Salvador has entered the ascending world.”

Dr. Rafael Fonseca, director for Innovation and Transformational Relationships at Mayo Clinic’s campus in Arizona, tweeted:

If you are not paying attention to what is going in El Salvador you should. The sound of business moving there will be loud.

In September 2011, El Salvador became the first country to make bitcoin legal tender alongside the U.S. dollar. Since then, the country has accumulated thousands of BTC and is regularly buying bitcoin for its Treasury.

What do you think about El Salvador’s Innovation and Technology Manufacturing Incentives Act? Let us know in the comments section below.

EntryImageUrl https://static.news.bitcoin.com/wp-content/uploads/2023/05/el-salvador-eliminates-taxes-768x432.jpg EntryTitle El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming FeedUrl https://news.bitcoin.com/ Blogger icon Blogger Create a post Action failed, 1:16 AM Error Applet failed May 04 - 11:16 PM RSS Feed Bitcoin News-GA4 Action failure message: There was a problem running the action. RSS Feed icon RSS Feed New feed item Trigger ran, 11:16 PM EntryUrl https://news.bitcoin.com/chatgpt-is-the-new-crypto-meta-says-malware-actors-exploit-ai-craze/ EntryPublished May 04, 2023 at 11:30PM FeedTitle Bitcoin News EntryAuthor Lubomir Tassev EntryContent Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors and the social media giant is preparing for various abuses.

Malware Inspired by Chatgpt Is on the Rise, Facebook’s Parent Company Says

Meta, the corporation behind Facebook, has found that malware purveyors are now exploiting public interest in Chatgpt, Openai’s chatbot powered by artificial intelligence (AI), to entice users into downloading malicious apps and browser extensions.

The company has identified around 10 malware families and over 1,000 malicious links that have been promoted as tools featuring Chatgpt since March, according to a report quoted by Reuters. On Wednesday, its representatives likened the phenomenon to crypto-themed scams.

In some of the cases, the malware delivered working Chatgpt functionality alongside abusive files, Meta noted. At a press conference on the findings in the report, its Chief Information Security Officer Guy Rosen remarked that for the bad actors “Chatgpt is the new crypto.”

During the briefing on Wednesday, Rosen and other Meta executives also pointed out that Facebook’s parent company is preparing its defenses for a variety of potential abuses related to generative AI technologies like Chatgpt.

The rising popularity and rapid development of platforms like the Microsoft-funded chatbot have raised concerns among authorities around the world, including that such tools are likely to make online disinformation campaigns easier to propagate, Reuters noted.

Meta executives believe it’s still early for examples of generative AI being used in information operations, although Rosen commented that he expects some bad actors to employ such technologies to “try to speed up and perhaps scale up” their activities.

In a statement issued after their meeting in Japan at the end of April, digital ministers of the G7 countries agreed that their developed nations should adopt AI regulations that are “risk-based” while enabling the development of AI technologies.

In a recent interview, entrepreneur and investor Elon Musk accused Openai, the developer of Chatgpt which he helped found, of “training the AI to lie.” He also announced plans to create a rival to the offerings of tech giants which he called “Truthgpt.”

Do you think the trend of malware actors leveraging public interest in Chatgpt to lure victims will continue to grow? Share your thoughts on the subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory