The new age of crypto? Founders and investors are shifting their attention away from crypto and towards AI, as AI continues to take the lead in the tech world, Bloomberg says. This shift, triggered by the launch of OpenAI’s ChatGPT, doesn’t necessarily spell the end of crypto, but could instead see a new age where the two can work hand in hand: “You may actually see a situation where AI is sort of a catalyst to rush back to blockchain,” investment fund Struck Crypto founder Adam Struck told the business information service, pointing to AI bots helping reduce the amount of cyberattacks targeting blockchains, which have so far stolen USD mns. AI bots are also capable of filtering out spam and scam messages on instant messaging platforms, he added.
AI can also benefit from blockchain: Blockchain tech can bring “greater transparency and decentralization” to artificial intelligence, according to CIO of crypto VC firm CoinFund Alex Felix.
Cities on the mend: Urban living standards are on the rise after the disruption brought on by covid-19, according to the Economist Intelligence Unit’s 2023 Global Liveability Index (pdf). Findings suggest that — of the 173 cities that the index encompasses — the top three most desirable ones to live in are Vienna (again), Copenhagen, and Melbourne.
Mixed results: While the liveability index has increased to a 15-year high thanks to improvements in education and healthcare in developing nations, unrest in many other areas in the world has had detrimental repercussions on stability scores, the report states. Also, big cities like New York and London are down 10 and 12 spots due to elevated levels of crime and congestion among other factors, according to The Economist.
How is liveability assessed? The index was developed for companies to assess the compensation they need to pay out to relocating employees to places with exceptionally challenging living conditions, significant physical strain, or a noticeably unhealthy atmosphere. To that effect, factors used to assess cities are security, access to healthcare, culture and environment, infrastructure, and education.