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CoinDesk Podcast Network

THE HASH: OpenAI CEO Testifies on Capitol Hill; GREED Token's Lesson Amid Meme Coin Mania

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 16 May 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

The most valuable crypto stories for Tuesday, May 16, 2023. This episode is sponsored by Ciphertrace. "The Hash" hosts break down some of the top stories shaping the crypto industry today, including OpenAI CEO Sam Altman testifying before Congress on artificial intelligence oversight. Separately, Bitcoin technology and financial services company River has raised $35 million in a Series B round, with participation from billionaire investor Peter Thiel. Plus, lessons learned from a social experiment called GREED. See also: OpenAI CEO Testifies Before Congress on AI Oversight Peter Thiel Backs Bitcoin Startup River in $35M Round GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com. - This episode has been edited by senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9

Wondery, UK. That's audible.com slash Wondery UK.

0:49.7

This episode of The HASH is sponsored by CipherTrace, a mastercard company.

1:09.0

This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more.

1:11.6

All on the H Hash for your ears.

1:15.6

You're listening to the Coin Desk Podcast Network.

1:21.1

Hello and welcome to CoinDest TV.

1:22.5

You're watching The Hash.

1:23.5

I am Zach Seward.

1:24.4

That's Jen Sinassi.

1:25.9

We got Danny Nelson on the show today.

1:45.6

We're going to get you up to speed on all it's going on in crypto and more. Starting with the more, Jen, take us to Capitol Hill. What's up? All right. Open AI. Sam Altman testified before the Senate judiciary community on artificial intelligence this morning. A growing list of tech companies have deployed AI tools. As we know, we talk about them here often, like chat GPT,

1:51.8

recently shining a light on how regulation should be applied to the industry. Sounds very,

1:57.1

very familiar. Let's take a look at what Altman had to say. We believe that the benefits of the tools we have deployed so far vastly outweigh the risks. But ensuring their safety is vital to our work,

...

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