REGULATION

Stablecoin Regulation and Startup Investment Currency Risk

By

–

25 October 2023 4h14

No stablecoins except those approved by the relevant regulator. (Currently empty set I believe, off top of my head.) If for some reason one wants to involve a slow database in one’s startup investing, one needs to take currency risk and (at least) two legs of fees.

Japanese crypto regulations limit USDC cash-out for startup investing

By

–

25 October 2023 4h09

You may be surprised to learn that under the current regulations no Japanese crypto exchange will allow you to cash out USDC, which feels relevant to the claim of whether it is actually useful for investing in a Japanese startup.

Banks struggle with fraud detection and velocity limits

By

–

25 October 2023 3h24

You would hope that banks would be able to heuristically detect this but a combination of organizational, IT, cultural, and regulatory issues makes that difficult, and so they adopt individualized velocity limits to minimize damage and attempt to educate users about this.

→ View original post on X — @timnitgebru

AI Labs Must Complete Nuclear Safety Analogy Seriously

By

@timnitgebru

–

25 October 2023 3h21

"If AI labs are to consistently invoke exaggerated fears through comparisons to nuclear hazards, then they must be willing to take the analogy to completion. Ironically, if they were to explore the readily available safety mechanisms for nuclear components,…

Regulatory Policy Limits Startup Access Despite KYC Compliance

By

–

25 October 2023 3h15

This is the motivation behind the policy but the policy does not allow them to e.g. read a share purchase agreement or make use of the fact that the startup is a real company and KYCed by the receiving bank so there is no risk to this sophisticated customer.

→ View original post on X — @jeremyphoward

Generative Models and Dangerous Compound Synthesis Safety Concerns

By

@jeremyphoward

–

25 October 2023 2h52

I don't get it, personally. They "chose to drive the generative model towards compounds such as the nerve agent VX" — and the model did that pretty well. E.g it recreated VX. VX is bad – but there's already loads of public info on how to make it.

→ View original post on X — @stanfordhai

AI’s Role in Society: Generative AI Panel Discussion

By

@stanfordhai

–

25 October 2023 0h09

Our last panel of the day focuses on envisioning AI’s place in society. Join @RishiBommasani
, @erikbryn
, @microsoft
’s Jaron Lanier, @joon_s_pk
, & @MIT
’s Ashia Wilson for a wide-ranging discussion at the HAI Fall Conference on new horizons in generative AI: https://
stanford.io/46NtzuT