disruption – Charm

Hong Kong and Washington race to regulate the future of digital finance

Cs news2 months ago01 mins

The $280 billion market for fiat backed digital tokens is expected to receive an institutional boost after Hong Kong’s Stablecoin Bill went into effect last month. Now enacted, Hong Kong has become one of the first jurisdictions in the world to adopt dedicated stablecoin legislation, taking place more than a year after local regulators…

Will AI Create or Replace Jobs? Here’s What AI Leaders Say.

Cs news2 months ago01 mins

You would have to be “very skilled” to have an AI-proof job, Geoffrey Hinton, the so-called “Godfather of AI,” has said. “For mundane intellectual labor, AI is just going to replace everybody,” Hinton told the “Diary of a CEO” podcast in June. He flagged paralegals as at risk, and said he’d be “terrified” if he…