In March of 2024, Piero Cipollone, a member of the Executive Board of the European Central Bank (ECB), presented an update on the future of money in the European Union (EU), which was entitled A European Digital Solution for All Occasions. In the presentation, Cipollone reviewed the ECB’s path toward the issuance of a pan-European […]
Artificial Intelligence and the Image of the Beast
Artificial Intelligence (AI) systems have suddenly become extraordinarily powerful and useful—far beyond what many people had anticipated just 5 years ago. The microprocessor neural networks and software programming that allows these AI systems to perform complex tasks is approaching the point where they seem to have almost human capabilities but with a super intellect. AI’s […]