The world must do everything to avoid another cold war – IMF boss
The twin issues of growing global trade fragmentation, evolving second Cold War, have become a source of worry to the International Monetary Fund’s (IMF).
Kristalina Georgieva, Managing Director said Thursday, urged that the two phenomenon must be checked on time so that the world would not have to grapple with their consequences in the coming year.
She told reporters during a press conference at the official start of the World Bank and IMF’s spring meetings: “I am among those who know what are the consequences of a Cold War: it is loss of talent and contribution to the world. I don’t want to see that repeating.”
“The world should rationally accept there will be some cost, there will be some fragmentation, but keep these costs low,” Georgieva was born and raised in Bulgaria, a former Soviet satellite state, added, stressing that multilateral institutions like the World Bank and IMF had an important role to play in preventing the world from splintering into different blocs with severe economic consequences.
“If we fail to be more rational, then people everywhere will be worse off,” she said against the backdrop of an IMF report earlier this week, which predicted that growing trade fragmentation resulting from events like Brexit, the US-China trade war and the Russian invasion of Ukraine, could make the global economy as much as seven percent smaller than it otherwise would have been.
Humanity in danger, Hinton, AI ‘godfather’ warns *Resigns from Google
To underscore the danger humanity faces in future, Geoffrey Hinton, regarded as the godfather of Artificial Intelligence (AI), has resigned his position with Google, citing fears that further work into the new trend in technological development, could get out of hand and lead to calamity.
Hinton, who reportedly handed over his resignation to the global hi-tech organisation, was quoted by The New York Times Monday, to have said in a statement that he now regretted his work after 11 years of huge inroads since donning his research suits alongside two of his graduate students at the University of Toronto in 2012 to create the technology that became the intellectual foundation for AI systems.
Hinton, who in recent comments on the advancements in the field, informed of how tech companies were racing toward danger with their aggressive campaign to create products based on generative AI, the technology that powers popular chatbots like ChatGPT.
“I console myself with the normal excuse: If I hadn’t done it, somebody else would have. It is hard to see how you can prevent the bad actors from using it for bad things,” the Times quoted him as saying.
Elaborating on his latest position, he told the BBC in a a separate interview on Tuesday, that the situation was a nightmare, adding: “This is just a kind of worst-case scenario, kind of a nightmare scenario. You can imagine, for example, some bad actor like [Russian President Vladimir] Putin decided to give robots the ability to create their own sub-goals.
“I’ve come to the conclusion that the kind of intelligence we’re developing is very different from the intelligence we have. We’re biological systems and these are digital systems. And the big difference is that with digital systems, you have many copies of the same set of weights, the same model of the world.
“And all these copies can learn separately but share their knowledge instantly. So it’s as if you had 10,000 people and whenever one person learnt something, everybody automatically knew it. And that’s how these chatbots can know so much more than any one person.”
Expressing fears that AI systems could soon become more intelligent than humans and warned that there was a need to worry, he was quoted as saying: “Right now, they’re not more intelligent than us, as far as I can tell. But I think they soon may be. Right now, what we’re seeing is things like GPT-4 eclipses a person in the amount of general knowledge it has and it eclipses them by a long way. In terms of reasoning, it’s not as good, but it does already do simple reasoning.
“And given the rate of progress, we expect things to get better quite fast. So we need to worry about that.”
Man dressed in giant penis, arrested by police for ‘harassing women’
A man dressed in a giant penis costume has been arrested by the military police in Rio de Janeiro, Brazil after they received complaints of harassment from women.
An image shows the man dressed in a 7ft inflatable manhood costume and a pair of flip-flops as a security operative peacefully led him away.
The city’s carnival-goers told police that he had been using her costume to persecute women taking part in the city’s parades.
And he wasn’t the only Carnival reveler seized over the weekend as the police on patrol in Santa Luzia, Minas Gerais state, arrested a 20-year-old dressed as a prisoner while he was leaving his home to join a parade on Saturday.
TRAGEDY: 16 wedding guests die, 60 wounded as bus plunges into ditch
An event that was meant to be fun-filled, has reportedly turned into tragedy, after a bus conveying some wedding guests reportedly plunged into a ditch, killing 15 of the passengers including six women and injuring no fewer that 60 others, as it veered off in Punjab province in Pakistan.
Reports, quoting VOA, said the bus, which was travelling from Islamabad to Lahore and on top speed, overturned late on Sunday in the Kallar Kahar Salt Range region, some 240 km from Lahore, adding that the vehicle lost control after witnessing break failure.
Quoting the country’s emergency Rescue 1122 official Muhammad Farooq, the report, said: “The bus, before overturning, hit three vehicles coming from the opposite direction and veered off the road,” adding that the dead and many injured had to be removed by cutting the bus’ body. The injured were shifted to hospitals in twin cities — Rawalpindi and Islamabad — where the condition of 11 of them is critical.”
Pakistan’s Prime Minister Shahbaz Sharif expressed sadness over the accident, directing the authorities to offer the best medical facilities to the wounded, the report said, citing Pakistan as an accident-prone country, caused mainly due to poor roads, badly maintained vehicles and unprofessional driving, adding that last month, at least 41 people were killed after a passenger coach fell into a ravine in Balochistan’s Lasbela.
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