Majority of Americans See AI as a Threat to Humanity, Reuters/Ipsos Poll Finds
A recent Reuters/Ipsos poll found that 61% of Americans view artificial intelligence (AI) as a threat to humanity, with only 22% feeling otherwise and 17% unsure. The negative perception of AI may be due to years of movies depicting doomsday scenarios involving advanced AI. Despite this, companies like OpenAI, Google, and Microsoft are racing to bring generative AI to the public. Billionaire investor Warren Buffet has likened the AI arms race to the development of the atomic bomb and has expressed concerns about the potential dangers of AI. OpenAI co-founders Elon Musk and Sam Altman have also voiced similar concerns and called for regulation and public education to ensure safety standards are followed.
Elon Musk's Potential Involvement with Pepe Coin Sparks Crypto Market Speculation
There are rumors circulating in the crypto market that Elon Musk may consider including PEPE Coin in a Twitter crypto wallet if it is launched. This speculation is fueled by Musk's interest in memecoins such as Shiba Inu and Floki Inu, as well as his close affiliation with the Dogecoin community. However, it is unclear if Musk's interest in memecoins would translate to a preference for them in a potential Twitter crypto wallet launch. Despite a recent 20% loss in value, PEPE Coin has seen significant price gains since its launch in April 2023. Stay up to date with the latest in the crypto market, including the impact of Elon Musk's tweets on Bitcoin and the rise of PEPE Coin in the United States by checking out our updated list of crypto presale projects and Telegram channels for 2023.
Elon Musk's "X" Project Aims to Transform Twitter into a Crypto-Centric Platform, Inspired by WeChat
Elon Musk and Linda Yaccarino are leading Twitter through a period of transition, with Musk planning to transform the social media landscape through his proposed "X" project. This project aims to integrate cryptocurrencies like Dogecoin, Bitcoin, or Shiba Inu into Twitter's infrastructure, potentially turning it into a full-blown financial platform. Yaccarino, on the other hand, faces the challenge of managing diverse interests and expectations while retaining user trust and satisfaction. While Musk's vision is inspired by WeChat, a Chinese mobile app that offers a suite of services catering to almost every aspect of daily life, there are crucial differences, such as Musk's focus on cryptocurrencies. If realized, Musk's vision could transform Twitter into a digital ecosystem impacting users' lives, but it will need to address pressing concerns including privacy, data security, and the inherent instability of cryptocurrencies.
How Elon Musk turned Twitter into the post-TV Fox News
Elon Musk overpaid for Twitter, buying it for $44 billion when its value has since fallen to around $20 billion. Twitter's user growth has stalled and it is losing users who dislike Musk's politics. Musk has alienated many passionate Twitter users, pushing them to competitors. While Musk claims subscription revenue will make up the shortfall, advertisers are wary of Twitter's chaotic environment under Musk. However, Musk's real plan may be to use Twitter as a right-leaning megaphone to spread his ideas and amass power, turning it into the "Fox News of the post-TV reality.
Elon Musk-Inspired Memecoin No Meme Token Approaches Long-Term Support Level
The memecoin No Meme Token (NOMEME), which was inspired by a tweet from Elon Musk, is currently approaching a long-term support level. Despite experiencing significant sell pressure and being around 90% down from last week's highs, some observers still believe that the meme coin could pump. Early investors are hoping that NOMEME can follow in the footsteps of other memecoins like $SPONGE, which secured listings on major centralized cryptocurrency exchanges. If NOMEME were to secure a major exchange listing, it would introduce the cryptocurrency to a brand new audience of potential buyers and could potentially pump its price to retest its all-time highs close to $0.0010.
Binance CEO CZ Unfollows Elon Musk on Twitter: Speculations on Tension and Pepe Coin Connection
Binance CEO Changpeng Zhao has unfollowed Elon Musk on Twitter, sparking speculation about tension between the two tech billionaires. Some Twitter users believe CZ may be distancing himself from Musk after Twitter invited eToroUS to be the social network's partner crypto exchange instead of Binance. However, others speculate that CZ may disapprove of the direction in which Musk is taking Twitter, including his plans to launch a crypto wallet and his recent announcement that he will step down as CEO. There are also rumors that Twitter's new crypto wallet will feature Pepe as its native currency, which could be related to Musk's recent Pepe-related meme.
Pepe Coin Price Soars 50% After Elon Musk Tweet, but Traders Record Massive Losses
Pepe Coin, a new meme coin sensation, experienced a significant recovery rally on Saturday following a tweet from Elon Musk. However, the coin's price has declined by 38% over the past seven days, resulting in massive losses for traders who were betting against it. According to CoinGlass data, almost $10 million of liquidation came out of Pepe Coin in the last 24 hours, with $6.8 million of short positions (68.61%) getting liquidated amid the recent surge. Despite this, Pepe Coin has still surged more than 3500% in the last 30 days and its price is up by over 50% in the past 24 hours.
Musk Threatens to Reassign NPR’s Twitter Handle in Ongoing Feud
Elon Musk, escalating his battle with media companies, suggested he may strip NPR of its Twitter handle because it had stopped tweeting.
Cointime News Wrapup-Afternoon: Bankrupt FTX Recovers US$7.3 Billion in Assets, Considers Resurrection of Operations
FTX, a failed cryptocurrency exchange, has recovered around US$7.3 billion in assets and is considering the option of restarting its business, according to one of the firm's bankruptcy attorneys at a court hearing.