Adam Malone, EY threat detection and response leader, joined Cheddar News senior reporter Michelle Castillo at the 2023 RSA Conference to discuss the implications that are associated the development and rapid progression of artificial intelligence. He said the technology could allow potential bad actors to develop more phishing scams that seem legit to even the most careful internet users. "Another application might be using ChatGPT to create malicious code," he said. "It's going to help more people get access to coding tools with a lower threshold of entry and create more potentially malicious tools that could get into circulation faster."
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
