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OpenAI Releases New Updates on ChatGPT For Premium Users, Offers Improved Responses

By
Ojukwu Emmanuel
-
7

U.S-based Artificial Intelligence company OpenAI has announced that ChatGPT users can now leverage an updated and enhanced version of the Chatbot infused with GPT-4 Turbo, its latest model that powers users’ experience.

The new model GPT-4 Turbo brings with it improved reasoning capabilities, a more conversational tone, and overall better performance.

For example, when writing with ChatGPT, responses will be more direct, less verbose, and use more conversational language.

Announcing the update on X, Open AI wrote,

“We’ve improved capabilities in writing, math, logical reasoning, and coding. This implies that users can expect a more efficient and engaging experience when interacting with ChatGPT.”

One notable improvement in the model is the expansion of its data library, bringing its knowledge cutoff date to April 2024. This gives the chatbot access to more current information, potentially leading to more accurate and relevant responses.

Furthermore, the expanded knowledge base, and improved conversational language abilities, offer a more enhanced user experience for tasks that are quite complex.

“We continue to invest in making our models better and look forward to seeing what you do. If you haven’t tried it yet, GPT-4 Turbo is available in ChatGPT Plus, Team, Enterprise, and the API”, OpenAI wrote,

GPT-4-Turbo is the latest version of OpenAl’s incredibly powerful GPT-4 family of large language models. It is also the first to include Al vision capabilities, allowing the model to analyze, the contents of a video or live feed for the first time.

It was released to developers earlier this week and has now found its way into OpenAl’s flagship consumer and enterprise product ChatGPT.

The company plans to continue to invest in making the models better and in turn improving the performance of ChatGPT. It is worth noting that GPT-4-Turbo is already available in Microsoft Copilot for both free and paid users although it is an earlier version.

William Fedus, a researcher at OpenAl said on X that there were better versions to come. This mirrors comments from the company’s CEO Sam Altman, that there are some impressive and powerful Al models launching this year, potentially including GPT-5.

Despite OpenAI’s dominance in the AI space, the company is not showing any signs of slowing down its pace of development, as it continues to release modifications, upgrades, and even new technology.

With the integration of OpenAI GPT-4 Turbo on its AI Chatbot (ChatGPT), the race to build the smartest artificial intelligence chatbot has intensified.

Recall that on Monday the startup Anthropic unveiled a new AI model which it noted that the model is more advanced than those before it. This is coming after Anthropic, an OpenAI rival, last month started by former leaders at the ChatGPT maker, announced Claude 3 the third generation of its large language model.

Also, Elon Musk-owned AI Chatbot Grok last month, announced the release of an upgraded version of Grok 1.5, as it intensifies rivalry with OpenAI’s ChatGPT. The advanced version of Grok comes with improved reasoning and a context length of 128,000 tokens.

This allows Grok to have an increased memory capacity of up to 16 times the previous context length, enabling it to utilize information from substantially longer documents.

The development of chatbots using AI has continued to gained prominence in recent years, especially conversational chatbot technology as companies look to capture a significant share of the ecosystem.

Financial Institutions Worldwide Lost $12 Billion in Cyberattacks Over the Past Two Decades – IMF

By
Ojukwu Emmanuel
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0

The International Monetary Fund (IMF) has revealed that over the past two decades, global financial institutions have reported significant losses amounting to $12 billion as a result of cyberattacks.

Out of this amount, $2.5 billion was lost between 2020 and 2024. The report by the IMF underscores the pervasive and costly nature of cyber threats within the financial sector, with the international organization expressing concern that the rising incidents could affect confidence in the financial system and destabilize economies.

Speaking on this, the IMF wrote,

“Attacks on financial firms account for nearly one-fifth of the total, of which banks are the most exposed. Incidents in the financial sector could threaten financial and economic stability if they erode confidence in the financial system, disrupt critical services, or cause spillovers to other institutions. Cyber incidents that disrupt critical services like payment networks could also severely affect economic activity.

“For example, a December attack at the Central Bank of Lesotho disrupted the national payment system, preventing transactions by domestic banks. Financial institutions in advanced economies, particularly in the United States, have been more exposed to cyber incidents than firms in emerging market and developing economies”.

Addressing the issue of why cyberattacks have continued to increase, with attacks ranging from data breaches to ransomware incidents, the IMF said that there are several factors behind it. The international organization noted that one major increase in cyberattacks is attributed to increasing digitization.

As businesses, governments, and individuals rely heavily on digital technologies for everyday activities, the attack surface for cybercriminals expands. More devices, networks, and systems are interconnected, providing attackers with more opportunities for exploitation.

Also, experts have pointed to two factors- the first which is the rise of attacks from Russia since the start of the war in Ukraine and the use of artificial intelligence to help bad actors write more sophisticated malware. It was observed that there were more destructive cyber attacks in Ukraine during the first four months of 2022 than in the previous eight years with attacks peaking around the start of the invasion.

On the second, they noted that while ChatGPT might have safeguards built in, it has rivals sold on the dark web with no ethical safeguards, making it easier than ever to write code for nefarious purposes.

In other to mitigate and prevent cyberattacks on financial institutions, the IMF noted that Central Banks and authorities will need to develop an adequate national cybersecurity strategy accompanied by effective regulations and supervisory capacity.

Notably, as these attacks have become more sophisticated, they require a multi-faceted approach involving improved cybersecurity measures, international cooperation, and greater awareness and education about cyber threats.

The March to Unicorns Begins Monday As New Investment Cycle of Tekedia Capital Begins

By
Ndubuisi Ekekwe
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0
The next edition of Tekedia Capital Syndicate investment cycle begins on Monday, April 15, 2024. It is a March to Unicorns as we pool resources to advance the wealth of communities, nations and our world, through the tenet of entrepreneurial capitalism.
 
Capital – a force for good – will do what it does, helping builders and makers to fix frictions in markets. Our rewards: a better society and more digits in the …
 
About 8 companies will go live in the investment board. We hope you can join us and invest in these startups. Nations rise when great entrepreneurs emerge because the frictions of nations are stepping stones for great founders, as upon those stones, they transform the future. At Tekedia Capital, we make friends with them.
 
On Monday, we will expand that friendship with the companies. Join our Syndicate today and co-invest with us.

Actor Junior Pope’s Death; The Legal Responsibilities Of Movie Producers To Ensure The Safety Of Actors.

By
Stanley Alieke
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0

If a person (an employee) sustains an injury or dies in the process of executing a job, the person who contracts him/her for the job (the employer) will legally be held responsible for the injury sustained or his/her death.

Every Employer/contractor is legally obligated to provide a safe working environment, implement safety protocols, and adhere to occupational health and safety regulations because if an employee dies or sustains an injury due to the employer’s negligence or failure to meet these obligations, the employer will be deemed to be responsible for the death of the employee.

In the sad news of yesterday, Junior Pope and actors/ crew members met their untimely demise on their way to a movie set. The producer of the movie will be deemed in law to be responsible for the death of those actors because of the producer’s negligence or failure to ensure and implement safety compliance and protocol.

Going forward, The Actors Guild of Nigeria (AGN) should set up strict regulatory safety measures/standards that must be complied with by producers, actors & crew members, with stern punishments for defaulters so as to ensure the safety of their members.

The conclusion of the matter is that you should have “a will” so as to legally protect the future of those you care about, especially your immediate family members in the event of your untimely death because death as we have come to know, does not give notice.

The importance of a will is to name beneficiaries to your assets including your liquid cash in the bank in the event of your death.
You should take into consideration that naming your wife/husband/children/ parents as your next of kin in your bank documents or in your bank account does not mean anything. A next of kin as courts have held in a plethora of cases cannot have access to the money in your bank account in the event of your death. In fact, banks always refuse to release the money to a next of kin in the event of the death of the account holder unless there is a will granting the money in the account to the person or naming the person as a beneficiary to the account.

Many people with fat bank accounts who died intestate left their families destitute. You
should make a will and name the person who will inherit the bank account at your death or
fill out a bank form called “Payable On
Death (POD) or Transfer On Death”, where you will name the beneficiary of the bank account at the event of your death because if you die without a will or filing the POD/ TOD form, the money in the account will not be
released to your next of kin, rather it could be taken over by the bank.

“Death be not proud, though some have called thee

Mighty and dreadful, for thou art not so;

For those whom thou think’st thou dost overthrow

Die not, poor Death, nor yet canst thou kill me.

From rest and sleep, which but thy pictures be,

Much pleasure; then from thee much more must flow,

And soonest our best men with thee do go,

Rest of their bones, and soul’s delivery…”

(Excerpt from the Poem, “Death Be Not Proud” by John Donne, 1633).

Stan Alieke, Esq.
11/4/2014
Abuja, Nigeria.

5 Reasons to Consider Becoming Your Own Boss This Year

By
TI Partners
-
0

You know that feeling, right? The one where you’re stuck in a job, staring at the clock, and thinking, “There’s gotta be more to life than this?” We’ve all been there. Those late-night moments lying in bed, daydreaming about being your boss, calling the shots, and living life on your terms.

Well, guess what? Those feelings aren’t going anywhere unless you do something about them. And guess what else? This could be your year to finally take the leap and become the master of your destiny. Need a little push? Here are five solid reasons why now is the perfect time to say goodbye to your 9-to-5 and bet on yourself. Trust me, you won’t regret it.

Control Over Your Cash Flow

When you work for someone else, your income is often subject to your boss’s decisions, leaving you waiting for small annual raises that may not reflect your hard work. But imagine this — when you venture into running your own business, the possibilities for earning are vast and practically limitless. Your income potential soars, driven by the amount of effort and dedication you invest.

Within the world of content creation, OnlyFans creators exemplify how modern entrepreneurs can effectively handle their finances. On this platform, creators have a unique opportunity to monetize their brand and content directly. By setting subscription rates and providing exclusive content, they sidestep intermediaries, seizing control of their financial future. This approach empowers creators like milf, trans, Cosplay, and Trans OnlyFans creators to boost their earnings while pursuing their passions.

Taking control of your financial future by becoming your boss could be the key to unlocking a world of opportunities and financial independence that align with your aspirations and hard work.

Freedom to Chase Your Passions

Ever wish you could spend your days doing something you genuinely care about? Picture waking up each morning with a sense of purpose, knowing that your work aligns perfectly with your interests and passions. As the boss of your own business, you have the freedom to pursue what truly excites you.

Whether it’s crafting artisanal chocolates, creating sustainable fashion, or exploring deep-sea mysteries, the possibilities are endless. Say goodbye to uninspiring jobs and welcome a fulfilling career that ignites your inner spark. Believe me, it’s a true game-changer that can lead you on a journey of self-discovery and success.

Opportunity to Grow and Expand

Starting small doesn’t mean staying small. As your business gains traction, you’ll have the chance to scale up and reach new heights. Maybe you’ll start as a one-person operation, but with time and effort, you could build a team, expand your offerings, and rake in even more cash. The sky’s the limit, my friend. With dedication and strategic planning, you can evolve from a small venture into a thriving company, capturing new markets and innovating in ways you never imagined. Embrace the journey and watch your business grow beyond your wildest dreams.

Better Work-Life Balance

Who needs a boss constantly looking over their shoulder, micromanaging their time off? Certainly not you. When you’re the one in charge, you have the freedom to shape your work schedule to suit your lifestyle. Fancy a long weekend getaway? Feel free to make those plans. Have to leave early to catch your child’s soccer match? Absolutely doable.

Being your boss not only grants you the flexibility to prioritize what truly matters to you, whether that’s quality time with family, self-care routines, or simply unwinding with a captivating novel, but it also empowers you to craft a work-life balance tailored to your individual needs and aspirations.

Copyright: Pexels I License: CC0 Public  Domain

Turning Your Passion into a Paycheck

Remember all those vivid dreams and aspirations you nurtured as a wide-eyed kid, envisioning a future filled with excitement and endless possibilities? Well, now is the opportune moment to turn those childhood fantasies into tangible realities.

Whether your passion lies in whisking up delectable delights as a budding baker, cultivating lush green gardens as a nature enthusiast, or delving into the realms of technology as a wizard of innovation, embarking on the journey of entrepreneurship means embarking on a path where you get to monetize your passions.

Undoubtedly, the road ahead may present challenges and hurdles, but the sheer gratification of witnessing your dreams materialize from mere concepts into thriving entities is an unparalleled experience. Moreover, the notion of potentially leaving a lasting impact on the world through your endeavors adds an extra layer of motivation to your entrepreneurial pursuit.

Crafting Your Path to Freedom and Fulfillment

So, there you have it – five rock-solid reasons why now is the time to take the plunge and become your boss. Sure, it’ll be scary. And yeah, there’ll be obstacles along the way. But trust me when I say the payoff of living life on your terms is more than worth it. So, what are you waiting for? It’s time to stop dreaming and start doing. Your future self will thank you for it.

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