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	<title>heralds &#8211; USA NEWS LIVE</title>
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	<description>All About USA NEWS</description>
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	<title>heralds &#8211; USA NEWS LIVE</title>
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		<title>An 83-year-old short story by Borges heralds a bleak future for the Internet</title>
		<link>https://bloggingthree.soflytech.com/2024/11/an-83-year-old-short-story-by-borges-heralds-a-bleak-future-for-the-internet/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 16:24:52 +0000</pubDate>
				<category><![CDATA[Arts]]></category>
		<category><![CDATA[83yearold]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19420</guid>

					<description><![CDATA[How will the Internet develop in the approaching a long time? Fiction writers have explored a couple of possibilities. In his 2019 novel “Falling“, science fiction writer Neal Stephenson I imagined a near future where the Internet still exists. But it&#8217;s so contaminated with misinformation, disinformation and promoting that it is basically useless. The characters [&#8230;]]]></description>
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<p>How will the Internet develop in the approaching a long time?</p>
<p>Fiction writers have explored a couple of possibilities.</p>
<p>In his 2019 novel “<a href="https://www.nealstephenson.com/fall,-or-dodge-in-hell.html">Falling</a>“, science fiction writer <a href="https://www.librarything.com/author/stephensonneal">Neal Stephenson</a> I imagined a near future where the Internet still exists. But it&#8217;s so contaminated with misinformation, disinformation and promoting that it is basically useless.</p>
<p>The characters in Stephenson&#39;s novel address this problem by subscribing to &#8220;edit streams&#8221; &#8211; human-selected news and data that may be considered trustworthy.</p>
<p>The downside is that only the rich can afford such tailored services, leaving most of humanity to devour low-quality, uncurated online content.</p>
<p>To some extent, this has already happened: many news organizations like The New York Times and The Wall Street Journal have placed their curated content behind paywalls. In the meantime, <a href="https://www.nytimes.com/2022/10/13/technology/misinformation-integrity-institute-report.html">Misinformation is bubbling</a> on social media platforms like X and TikTok.</p>
<p>Stephenson&#39;s track record as a prognosticator was impressive &#8211; he anticipated the metaverse in his 1992 novel.<a href="https://www.penguinrandomhouse.com/books/172832/snow-crash-by-neal-stephenson/">Snow accident</a>” and a central plot element of his “<a href="https://www.penguinrandomhouse.com/books/172835/the-diamond-age-by-neal-stephenson/">Diamond Age</a>&#8220;, published in 1995, is an interactive introduction that works <a href="https://www.theatlantic.com/technology/archive/2024/02/chatbots-ai-neal-stephenson-diamond-age/677364/">much like a chatbot</a>.</p>
<p>On the surface, chatbots look like an answer to the misinformation epidemic. By providing factual content, chatbots could provide alternative sources of quality information that usually are not blocked off by paywalls. </p>
<p>Ironically, nevertheless, the outcomes of those chatbots pose perhaps the best danger to the longer term of the net &#8211; a danger already suggested a long time earlier by an Argentine author <a href="https://www.nytimes.com/1986/06/15/obituaries/jorge-luis-borges-a-master-of-fantasy-and-fable-is-dead.html">Jorge Luis Borges</a>.</p>
<h2>The rise of chatbots</h2>
<p>Today, a good portion of the Internet still consists of factual and ostensibly truthful content, equivalent to articles and books which have been peer-reviewed, fact-checked, or verified ultimately. </p>
<p>The developers of huge language models, or LLMs—the engines that power bots like ChatGPT, Copilot, and Gemini—have taken advantage of this resource. </p>
<p>However, to work their magic, these models must eat <a href="https://analyticsindiamag.com/ai-origins-evolution/behind-chatgpts-wisdom-300-bn-words-570-gb-data/">immense amounts</a> high-quality texts for training purposes. A considerable amount of vocabulary has already been picked from online sources and fed to the young LLMs.</p>
<p>The problem is that the Internet, as vast because it is, is a finite resource. High-quality text that has not already been strip-mined <a href="https://www.theatlantic.com/technology/archive/2023/01/artificial-intelligence-ai-chatgpt-dall-e-2-learning/672754/">grow to be scarce</a>which led to what the New York Times called &#8220;<a href="https://www.nytimes.com/2024/07/19/technology/ai-data-restrictions.html">looming substantive crisis</a>.”</p>
<p>This has forced firms like OpenAI to achieve this <a href="https://www.axios.com/2024/05/29/atlantic-vox-media-openai-licensing-deal">make agreements</a> with publishers to get much more raw material for his or her voracious bots. However, based on one forecast, there could possibly be a shortage of additional high-quality training data as early as 2026.</p>
<p>When chatbot results find yourself online, these second-generation texts – complete with made-up information called “<a href="https://medium.com/analytics-matters/generative-ai-its-all-a-hallucination-6b8798445044">Hallucinations</a>“in addition to outright errors, equivalent to suggestions to place glue in your pizza – will proceed to pollute the web.</p>
<p>And if a chatbot hangs out with the fallacious people online, it could pick up on their repugnant views. Microsoft discovered this the hard way in 2016 when <a href="https://blogs.microsoft.com/blog/2016/03/25/learning-tays-introduction/">Tay had to tug the plug</a>a bot that began repeating itself <a href="https://www.nytimes.com/2016/03/25/technology/microsoft-created-a-twitter-bot-to-learn-from-users-it-quickly-became-a-racist-jerk.html">racist and sexist content</a>.</p>
<p>Over time, all of those issues may lead to online content becoming more balanced <a href="https://www.fastcompany.com/91220148/marketers-in-a-dying-internet-why-the-only-option-is-a-return-to-simplicity">less trustworthy</a> and fewer useful than today. Additionally, LLMs fed a low-calorie weight-reduction plan can result in much more problematic results that also find yourself on the web.</p>
<h2>An limitless – and useless – library</h2>
<p>It&#39;s not hard to assume a feedback loop resulting in a continuous technique of degradation because the bots feed on their very own incomplete results.</p>
<p><a href="https://doi.org/10.1038/s41586-024-07566-y">An article from July 2024</a> The project, published in Nature, examined the results of coaching AI models on recursively generated data. It turned out that “irreversible defects” result in “<a href="https://openreview.net/forum?id=ShjMHfmPs0">Model collapse</a>” for systems trained this fashion – much like how a duplicate of a picture and a duplicate of that replicate and a duplicate of that replicate lose fidelity to the unique image.</p>
<p>How bad could this get?</p>
<p>Consider Borges&#39; 1941 short story &#8220;<a href="https://sites.evergreen.edu/politicalshakespeares/wp-content/uploads/sites/226/2015/12/Borges-The-Library-of-Babel.pdf">The Library of Babel</a>.” Fifty years before the pc scientist <a href="https://www.britannica.com/biography/Tim-Berners-Lee">Tim Berners Lee</a> While Borges was creating the architecture for the net, he had already imagined an analog equivalent.</p>
<p>In his 3,000-word story, the writer imagines a world made up of an enormous and possibly infinite variety of hexagonal rooms. The bookshelves in each room contain uniform volumes that, as their occupants suspect, must contain every possible combination of letters of their alphabet.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:57.161803713527846%;--background-color:#504b28"><img decoding="async" alt="Illustration of connected golden hexagons stretching endlessly to the horizon." class="lazyload" src="https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=343&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=343&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=343&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=431&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=431&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/631801/original/file-20241113-17-oasuap.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=431&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">In Borges&#39; imaginary, endlessly extensive library of content, trying to find something meaningful is like searching for a needle in a haystack.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/photo/group-of-repeating-hexagonal-figures-in-a-3d-royalty-free-image/2171625976?phrase=hexagon%20pattern%20books&#038;searchscope=image%2Cfilm&#038;adppopup=true">aire images/Moment via Getty Images</a></span><br />
            </figcaption></figure>
<p>This realization initially triggers joy: by definition, there should be books that describe the longer term of humanity and the meaning of life intimately.</p>
<p>The residents search for such books and find that almost all of them only contain meaningless mixtures of letters. The truth is on the market &#8211; but so is every untruth possible. And all of that is embedded in an unimaginably great amount of nonsense.</p>
<p>Even after centuries of searching, only a couple of meaningful fragments are found. And even then, there isn&#8217;t any approach to determine whether these related texts are truths or lies. Hope turns into despair.</p>
<p>Is the Internet becoming so polluted that only the wealthy can afford accurate, reliable information? Or will an infinite variety of chatbots produce so many corrupt expressions that trying to find correct information on the Internet might be like searching for a needle in a haystack?</p>
<p>The Internet is commonly described as certainly one of humanity&#39;s great achievements. But like several other resource, it will be important to significantly take into consideration the way it is cared for and managed – lest we find yourself with Borges’ dystopian vision.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Bitcoin hits record $75,000 as Trump victory heralds weaker regulation</title>
		<link>https://bloggingthree.soflytech.com/2024/11/bitcoin-hits-record-75000-as-trump-victory-heralds-weaker-regulation/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 06 Nov 2024 11:53:25 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[heralds]]></category>
		<category><![CDATA[hits]]></category>
		<category><![CDATA[record]]></category>
		<category><![CDATA[regulation]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=18642</guid>

					<description><![CDATA[Bitcoin rallied overnight to hit an all-time high as former President Donald Trump defeated Vice President Kamala Harris to win the White House. The price of the flagship cryptocurrency hit a record $75,000 late Tuesday evening. According to Coin Metrics, the worth was last up 6% at $73,841.00, still above its previous record of $73,797.68, [&#8230;]]]></description>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-1">Bitcoin<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    rallied overnight to hit an all-time high as former President Donald Trump defeated Vice President Kamala Harris to win the White House.</p>
<p>The price of the flagship cryptocurrency hit a record $75,000 late Tuesday evening. According to Coin Metrics, the worth was last up 6% at $73,841.00, still above its previous record of $73,797.68, which it first reached on March 14.</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-2">ether<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    rose by 8% while the token was pegged to its competitor, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-3">Solana<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>shot up 11%. Payment token <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-4">XRP<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    rose by greater than 4%. Meanwhile, memecoins rose rapidly <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-6">Dogecoin<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    increased by greater than 20%.</p>
<p>In stocks, crypto exchange <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-7">Coinbase<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    rose 13% in premarket trading. <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-8">Microstrategy<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>which trades as a high-beta currency to the Bitcoin price, rose 14%.</p>
<p>While Bitcoin advantages from its inflation-hedging narrative, investors in other cryptocurrencies and Coinbase are betting that the regulatory environment within the US shall be more supportive of the crypto industry, as Trump promised in the course of the campaign.</p>
<p>Voters this election were concerned in regards to the state of the federal deficit, which rose 8% in fiscal yr 2024 <a href="https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/" target="_blank" rel="noopener">1.8 trillion dollars</a>and increased tax cuts promised by each Trump and Vice President Harris. Bitcoin, like gold, is viewed by many investors as a hedge against potential fiscal and monetary policy measures that mix to lower the worth of the dollar and spur inflation.</p>
<p>At the beginning of the race, Trump presented himself as a pro-crypto candidate and courted the industry directly. These included statements that in his first 100 days in office he would establish a crypto advisory council, introduce favorable regulation to advertise domestic Bitcoin mining made within the USA, launch a strategic national Bitcoin stockpile and &#8211; what with the Perhaps the industry&#39;s hottest alternative was to exchange Securities and Exchange Commission Chairman Gary Gensler.</p>
<p>Gensler has change into an opponent of the crypto industry, which has long been frustrated that the SEC under his leadership has refused to offer clear guidance to U.S. crypto firms — opting as a substitute for regulation through enforcement, in response to the industry. Largely because of this, this yr&#39;s presidential election is being called crucial within the history of the crypto industry.</p>
<p>&#8220;While President-elect Trump claims to make the US the &#39;crypto capital&#39; of the world, the details of his plans remain to be seen and I expect it will be some time before we truly understand his stance on crypto.&#8221; said Anthony Yeung, global head of strategic development at CoinCover.</p>
<p>“It is in the interest of the industry for the U.S. to act sooner rather than later in developing a regulatory framework,” he said. “What is needed is targeted and proportionate regulation that prioritizes consumer protection and promotes innovation. Achieving this balance requires close collaboration between regulators, policymakers and industry participants.”</p>
<p>In the 2012, 2016, and 2020 elections, Bitcoin returned roughly 87%, 44%, and 145% within the 90 days following Election Day, respectively. This is partly because election years occur to coincide with Bitcoin halving years, when the provision of the cryptocurrency declines. Post-election returns also tended to coincide with major policy changes on the Federal Reserve. This yr the market is looking forward to further rate of interest cuts.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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