238 year old US bank securing btc & eth
Bill of Rights to protect against AI... human' rights vs machines
The forward-leaning morning newsletter for those
who love all things green
October 24, 2022
Topics: Apple, AI Bill of Rights, tech, Waymo, EVs, crypto, BNY Mellon, Portugal, energy
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🏆Apple software update iOS16.1 Many goodies come with the iOS 16.1 software update starting today. Apple Fitness+ has been one of Apple’s most successful services, but it was only accessible with an Apple Watch. Now iPhone users will have access to it, and the tech company is bringing new exercise programs to Fitness+. The workout music is tight and there will be even more Artist Spotlight playlists.
Apple added other technology features to iOS16.1, such as Clean Energy Charging, which lets iPhones charge with only clean electricity, helping users reduce their carbon footprint. Another is the iCloud Shared Photo Library, which allows users to share control over their iCloud libraries with other people. And the Home app will finally start supporting Matter, enabling users to control all their Smart Home accessories regardless of which technology company made the devices. The upgrade is accessible through iPad and Apple TV too.
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👍Slowly but surely The application of Artificial Intelligence (AI) is used to do almost everything from obtaining data, to enhancing the performance of other technologies, predicting the outcome of events, hiring candidates and even saving lives. However, it increasingly threatens democracy and the rights and safety of human beings. Governments across the globe have begun drafting principles to guide how the technology is being modeled and used.
On October 4, the White House Office of Science and Technology Policy (OSTP) unveiled a set of five principles dubbed Blueprint for AI Bill of Rights, aiming to mitigate the abuse of AI systems and discrimination of the technology, as well as to ensure transparency and the protection of U.S. citizens. The EU Committee released its own set of principles in 2019 called The Ethics Guidelines for Trustworthy AI, which led to the current draft of the EU Artificial Intelligence Act. Finally some legal transparency and accountability requirements to protect people across continents.
Images: waymo.com GIF: AGREEN1
🍏Heads up LA drivers Riding in autonomous (self-driving) cars was barely imaginable until about five years ago when Waymo launched its public self-driving ride-hailing service called Waymo One in California. The company has now served thousands of people in San Francisco and Metro Phoenix. Waymo is expanding into Los Angeles.
Waymo’s autonomous fleet of mainly EVs has advanced technology and freeway driving experience that makes them safe to drive on LA roads. Reacting to the announcement on October 19, 2022, Holly J. Mitchell, Chair of the Los Angeles County Board of Supervisors and Director of the LA Metro Board, expressed that LA needs technology partners like Waymo to bring products that can solve the transportation challenges in LA. They are hiring!
🤞Crypto still evolving For 238 years, the Bank of New York Mellon Corp. (NYSE ticker symbol: BK) has been safeguarding and managing traditional assets for many U.S. institutional investors and over 20% globally, pioneering the nation’s custodian banking sector. Now, it has also become the first U.S. bank to start safeguarding crypto assets for select institutional clients.
BNY Mellon announced on October 11 that it would start securing bitcoin and ether, and eventually more crypto and other digital assets. The bank announced a new CEO on August 31 and currently secures about $47 trillion worth of assets and manages $2.4 trillion on behalf of its Investment and Wealth Management clients. Their efforts will set the table for the other banks to follow suit.
❌They shut coal down About a year ago, Portugal closed down its last coal power plant, ending its dependence on the high carbon-emitting energy source, and adopted renewable options. Now renewables including solar and wind, generate over 40% of Portugal’s total energy and will likely generate up to 80% by 2026.
It is the fourth EU country to do so, behind Belgium, Austria and Sweden. France, Slovakia, the UK and Ireland are the next line to take the remarkable leap. "Where there's a will, there's a way."
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Thanks again for being you. Until the next issue, be sure to add more green to your life!
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