Study: Cryptocurrency Owners Show Unusual Personality Traits, Including Extremism

A new study by researchers at University of Toronto and University of Miami reveals that many people who own cryptocurrency show unusual and obsessive personality traits. Nearly four in ten Americans own crypto, including Donald Trump. A survey of 2K+ American respondents owning crypto proved that nearly 30% of these people are more likely to be extremist and believe in conspiracy theories. They also show signs of psychopathy, machiavellianism, sadism and narcissism.

There were also other traits among people who owned crypto. These included having a higher income, feelings of victimhood, argumentative and maleness. These kinds of traits are not surprising because people go for cryptocurrency because they want to find a profitable and equitable alternative to mainstream sources of income. So, they are more likely to not believe in a centralized financial system and centralized media control.

These kinds of personality traits also conclude that having fringe beliefs can result in people buying crypto. Although this study doesn’t apply to all individuals who own crypto, it is still interesting to see if people buying crypto in future will have the same personalities as described in this study.

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by Arooj Ahmed via Digital Information World

The Greatness Of ChatGPT Coding Exposed: Is The Popular AI Tool Really Worth It?

AI models have only come into being thanks to the greatness displayed by programmers who spend years writing out codes for the respective systems. Now the question is how well such AI code generators compare to human programmers.

Thanks to a new study published last month, we’re getting more knowledge about how such codes produced by famous AI tools like ChatGPT compare against those produced by human generators.

The authors looked at complexity and security and where they could be used. And it’s safe to mention that the results had a wide range of success in terms of functional codes. Interestingly, the codes ranged between 0.66% to 89% accuracy, all related to how complex the task at hand was.

In most situations, the AI generator may have rolled out better codes than an average human mind but that did not come without some serious concerns from experts.

A leading expert from Glasgow University shed light on how AI code generation might give rise to major leads concerning bettering productivity and ensuring software development was automated in nature.

Therefore, it’s so important to realize how the pros and cons of such models vary with time.

A comprehensive analysis revealed how several issues are linked to the popular AI chatbot. And that’s where authors sat down to reveal the faults in detail.

It’s interesting to note how a programmer who spent decades producing a code is now getting replaced by an AI generator that can do it in seconds (but again to some extent).

The result of the research study proved that there was a wide range of success in terms of functional codes and a more in-depth analysis proved how exploring these drawbacks might become easier.

When we’re speaking in general, ChatGPT did a great job at solving issues in various coding languages. This was very true in terms of solving issues linked to LeetCode before the year 2021.

When algorithm issues were looked at after the year 2021, the tool’s ability to produce correct code was impacted. Therefore, this results in a failure to understand the true meaning that such queries have, even if it’s for easy problems.

The world of coding keeps evolving today and therefore the ChatGPT tool is yet to be exposed to new issues. Remember, it cannot think like a human and may address issues that it’s familiar with. This might explain why it’s better at addressing old coding issues than new ones.

Some experts fear ChatGPT could generate wrong codes as it does not understand the meaning behind algorithm issues. The study proved how the tool did a great job with smaller runtimes and reduced memory overheads when they were compared to the rest 50%.

Meanwhile, the researchers were seen exploring the chance for ChatGPT to fix coding issues after getting feedback. They were randomly selecting 50 coding situations where the tool rolled out wrong coding, simply because it failed to understand the content that was in front of it and what issues were at hand.

Usually, ChatGPT is deemed to work great at fixing errors but in this case, it was not great at fixing errors that it was making alone.

Researchers found that codes rolled out by ChatGPT did have a small number of vulnerabilities like missing null tests but a lot of those could be fixed.

So we can conclude by stating how developers using ChatGPT for coding must take the error factor into effect and also provide additional data to the AI chatbot to get the best results.

Image: DIW-Aigen

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by Dr. Hura Anwar via Digital Information World

Emerging Technologies Revolutionizing Business Process Automation Strategies

In today's fast-paced digital landscape, keeping up with emerging technologies is crucial for businesses. Automation strategies are evolving rapidly, driven by advancements in artificial intelligence and machine learning. This article explores how these technologies are transforming procurement processes.

Image: AIgen

As a business professional, understanding the impact of emerging technologies on your processes is essential. Automation is no longer just a luxury but a necessity to stay competitive. This piece delves into the significance of procurement automation, procurement orchestration, and everything related to the goings-on of an AI procurement platform.

The importance of procurement automation

Procurement automation is transforming how businesses handle purchasing activities. By leveraging advanced technologies, you can streamline repetitive tasks, reduce human error, and enhance efficiency. With automation, organizations can allocate resources more strategically and focus on high-value activities rather than mundane tasks.

One significant benefit of procurement automation is cost savings. Automated systems can identify cost-cutting opportunities that may not be apparent through manual processes. Moreover, these systems ensure compliance with company policies and regulatory requirements, mitigating risks associated with manual errors.

Tonkean procurement works in the context of procurement automation to integrate seamlessly with existing systems, further enhancing operational efficiency. Utilizing such tools allows for real-time data analysis and insights, which can lead to better decision-making and improved supplier relationships.

Another crucial aspect of procurement automation is its ability to enhance data accuracy and transparency. Automated systems can collect, process, and store vast amounts of data with minimal errors, providing a clear audit trail for all procurement activities. This increased transparency not only helps in maintaining compliance but also builds trust with stakeholders. Furthermore, the ability to access accurate, up-to-date information enables procurement teams to make data-driven decisions quickly, responding to market changes and opportunities more effectively. As businesses continue to navigate complex global supply chains, the role of automation in ensuring data integrity and facilitating informed decision-making becomes increasingly vital.

Understanding procurement orchestration

Procurement orchestration involves coordinating various procurement activities to achieve optimal outcomes. Unlike traditional approaches, this method takes a holistic view, integrating multiple functions and stakeholders into a cohesive process. The goal is to create a seamless workflow that enhances collaboration and reduces silos within the organization.

An effective procurement orchestration platform enables businesses to manage complex supply chains with ease. These platforms offer features like supplier management, contract lifecycle management, and spend analysis. By unifying these elements, you can gain greater visibility into your procurement processes and drive more strategic outcomes.

One crucial aspect of procurement orchestration is its ability to adapt to changing market conditions quickly. For instance, in times of supply chain disruptions or market volatility, having an agile system in place ensures continuity of operations. This adaptability makes it easier to respond to unexpected challenges and maintain a competitive edge.

Procurement orchestration also plays a crucial role in fostering innovation within the procurement function. By automating routine tasks and providing a comprehensive view of the procurement landscape, orchestration platforms free up procurement professionals to focus on strategic initiatives. This shift allows teams to explore new sourcing strategies, develop innovative supplier partnerships, and identify opportunities for process improvements. Moreover, the data-driven insights provided by orchestration platforms can help in identifying emerging trends and technologies relevant to the procurement function, enabling organizations to stay ahead of the curve. As businesses increasingly recognize the strategic value of procurement, the ability of orchestration platforms to drive innovation becomes a key differentiator in the market.

The role of AI in procurement

AI procurement platforms are at the forefront of transforming business process automation strategies. By incorporating artificial intelligence, these platforms offer predictive analytics, automated decision-making, and enhanced data processing capabilities. AI can analyze vast amounts of data at unprecedented speeds, providing insights that were previously unattainable.

One of the key advantages of AI in procurement is its ability to predict trends and identify potential risks before they materialize. This proactive approach allows businesses to mitigate risks effectively and make informed decisions based on accurate data. Furthermore, AI-driven platforms can automate routine tasks like invoice processing and order management, freeing up time for more strategic initiatives.

AI procurement platforms also enhance supplier relationships by providing better communication channels and real-time feedback mechanisms. Suppliers can benefit from increased transparency and faster response times, leading to stronger partnerships and improved performance across the supply chain.

The future of business process automation

The future of business process automation lies in the continued integration of emerging technologies like AI and machine learning. These advancements will further enhance the capabilities of procurement orchestration platforms, enabling businesses to achieve greater efficiencies and strategic outcomes.

As technology evolves, it is essential for organizations to stay informed about the latest developments and continuously adapt their strategies. Investing in advanced automation tools not only improves operational efficiency but also positions your business for long-term success in an increasingly competitive landscape.

Embracing emerging technologies in your procurement processes is no longer optional but imperative for staying ahead. By leveraging tools like AI procurement platforms and robust procurement orchestration systems, you can transform your operations, drive cost savings, and achieve sustainable growth.

by Asim BN via Digital Information World

Global Mobile App Consumption to Exceed 58 Trillion Hours, Revenue Reaching $2 Trillion

Mobile consumers are growing by the second and a new industry forecast for mobile apps is shedding light on what the future holds for the industry.

With many users predicted to spend close to 58 trillion hours with such platforms, you cannot help but wonder what is in store for the future as we approach 2030.

The latest app report complied by DataAI displaying the market forecast says app spending via App Stores is expected to attain growth by more than 267% in this decade.

The fact that the economy for apps started nearly 15 years back means we’ve come a long way when we put all of this into perspective. Remember good old Steve Jobs from Apple? He shared his insights on how he predicted the industry to become a massive billion-dollar place in the future.

His predictions from 2008 have indeed come to life as the mobile app economy is predicted to produce more than $2 trillion by 2030. This is a more than 123% rise from the past decade and clearly shows progress. Did we mention how it would put more focus on apps than what was seen in the past?

The forecast goes on to reveal how people spending hours on mobile apps would cross the 58 trillion mark which is nearly 16 billion hours every single day! How’s that for some remarkable stats?

Apps are not only useful but today, they’re greatly used for providing entertainment and utilities. This also reflects the increased amount in direct spending and does not take into consideration the huge sums of funds earned through ads taking place on apps. Shockingly, hat managed to hit the $362 billion mark in just 2023 alone.

It’s a positive finding and displays how the app economy is working robustly and removed the only shortcomings we saw in the past. That again arose thanks to more inflation, changes to privacy, and the world reeling from the aftermath of the pandemic that really struck hard.

As a result, direct spending witnessed a 2% decline but thankfully it did not last long. Apps started to pull in a massive $171 billion in terms of consumption.

Today, experts at Sensor Tower feel strongly about mobile weathering the storm as they give rise to client transformation. By 2030, it would be predicted to unlock trillions.

What more did this forecast explain? We’ve summarized the main pointers for our readers below.

When we look at app history, games were raking in huge sums of revenue and it really managed to bring in huge bucks. After all, a lot of users are gamers and they’re very passionate about this, paying a lot of money to fulfill their cravings and hobbies related to more entertainment. This led to more gaming events and the arrival of customized avatars.

But the future says that apps will soon overtake games in terms of downloads as more consumers will spend on the former than the latter. So by the end of this decade, you can expect a rise in yearly spending on apps, hitting the 50% mark.

Spending on short video platforms will be doubling too, another leading mention in the forecast for mobile apps. This does not come as a huge surprise because the worldwide demand for mobile devices as well as affordability for data has led to a widespread increase in demand for apps featuring Shorts. Predictions for short video content to grow by 120% by the end of 2023 were also highlighted by analysts.

We already know how short videos are doing great for apps like Instagram and YouTube. They’re a key source of revenue and keen interest for the masses. As far as the number of hours that were spent is concerned, we could see that go beyond the 4.8 trillion hour mark in 2030, which is more than the total time being spent in these places two years back.

But which markets are growing faster than others and will reign supreme by the end of the decade? Well, experts predict that those nations having developing markets will attain the most growth and give rise to the most dramatic figures for spending, downloads, and even attention.

Countries featuring markets that are developed like China and Japan, the USA, and Korea would spend the most but that’s not where the fast-paced growth will arise from. Instead, places like Central and South America as well as Africa will contribute to the highest growth figures. interesting, isn't it?

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by Dr. Hura Anwar via Digital Information World

Top 8 Domains Categories Flooded With Intrusive Ads In 2024

Whenever you visit a website, you must have come across many intrusive ads. These intrusive ads are often annoying and make your web browsing experience super bad. Intrusive ads are the ones that pop-up randomly whenever you are surfing a website and you have to stop your business to close them up. When you click on them, they can lead you to additional browser tabs. Most of the time, these intrusive ads can lead you to malicious sites which can infect your device. According to NordVPN, there are top eight domain categories that have the most intrusive ads, possibly with malware.

Video hosting domains contain the most intrusive ads with 2,389,350,030 ads blocked between January 1,2024 to June 1,2024. Adult content domains also contain the most intrusive ads with 971,865,037 ads blocked this year. Other domains with most intrusive ads are advertisements (807,399,394), News (457,976,590) and Games (395,120,665) ads blocked this year.

The sixth domain with most intrusive ads is Shopping which has 320,961,854 ads blocked this year. Email also has many intrusive ads (199,963,734). The eighth domain with the most intrusive ads is the Financial domain with 138,840,411 ads blocked this year.

To mitigate the impact of these ads, users can install ad-blockers, keep their browsers and security software up to date, and avoid clicking on suspicious links.

Read next: AI Fraud: How Deep Fakes Cost Companies Billions!
by Arooj Ahmed via Digital Information World

A New Study Finds that White Or Reflective Roofs are More Effective in Controlling Urban Heat Than Green Roofs

A new study led by UCL researchers found that cool roofs, like painting them white is more effective than green roofs, solar panels or street level vegetation. The researchers used a three dimensional urban climate model of London to find out how different urban heat management systems can impact the thermal levels of this place. Different heat management systems like green roofs, air conditioning, painted cool roofs, solar panel roofs and ground level tree vegetation were used.

Air conditioning in London homes doesn’t have much impact on warming the outside. The study found out that having cool roofs inside homes can decrease the outside weather of the city. The average temperature outside can be reduced by 1.2 degrees while in some areas, it can even be reduced by 2 degrees. The other systems like solar panels or street level vegetation can also reduce warm temperature but not to the same extent. The impact of green roofs was almost nonexistent on the environment.

Air conditioning which can lower the inside environment, can warm the outside environment by 0.15 degrees and 1 degree overall in Central London. The team of researchers studied each method on housing, industrial and commercial buildings throughout London. The lead author of the study said that cool roofs are the best way to keep temperature a little cool on extremely hot days in London. Other methods have various side benefits but they are not good enough to reduce outside urban heat.

As the climate is changing, the heat in London has become almost unbearable which leads to discomfort and even rise in mortality. The study also offered many insights on urban heat management and other forms of heat management systems. Green roofs were found to have no effects on a warm environment because their effect on the environment changes throughout the day. Even though it can reduce some heat in the night, it can increase the humidity levels at day time which could affect thermal levels of the area.

Image: Unsplash / Derek Thomson

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by Arooj Ahmed via Digital Information World

Google's Quest For Power: Company Tries Dirty Tactics To Dominate Search On iPhones But Is it Working?

It wouldn’t be wrong to mention that Google’s hunger for power and dominance in the world of search has always been a top priority for the search giant.

It’s been trying to pull out all the stops to ensure more Safari users get onboard as well but the company might not have been too successful on that front.

On the other hand, the Google is also being targeted for a trial by the Justice Department that sheds light on the key relationship and possible deal entered with Apple. And now, we’re hearing more about how the company is pulling out all the stops to ensure users rely less on the Safari browser and more on itself as the outcome of the antitrust battle nears.

The current Justice Department case has to do with a silent but very lucrative deal featuring the iPhone maker getting a lot of funds so that Google could be the default search engine on the iPhone. On average, a payment of $20 billion is generated every year to retain such a status.

As one can expect, it’s a plain show of monopoly and a move that would negatively impact competition across the industry. While Apple is yet to be outlined as the main party in this case, we did see some of the tech giant’s executives testify during the trial.

The report today has explained how this firm wishes to enhance the share for searches through the iPhone, beyond Safari.

It’s a goal that Google has been wishing to attain for years just so it could better offer protection against a simple notion. And that's the chance to persuade owners of iPhone devices to make the switch to another app to conduct searches.

While Google is lifting the figures for searches carried out in this manner, it has confirmed that it’s got a long way to go as progress did end up coming to a standstill despite reaching 25%. And this has made Google upset as it’s way below the target it wished to attain by 2030.

The current agreement with Apple comes with a revenue-sharing clause. Apple gets a cut from ad revenue carried out via searches on Google in the Safari browser. By forcing users to Chrome and Google apps, the company is paying Apple fewer funds while making it less vulnerable to being regulated.

It’s a smart strategy but not one that has brought too much success for the search giant in recent times. The struggle continues in terms of making Google users utilize its own apps instead of Apple’s Safari. Remember, the latter is preinstalled on all iPhones.

The shocking new report has even proven how Google hired an ex-Instagram and Yahoo executive to overlook all the matters entailing a push far from Safari. A decision on this front includes restricting the AI Overviews to its own personalized apps. In the end, this would ensure users of Safari do not witness any AI Overviews while using Search but those making use of Google could but the decision to do so was never implemented.

This report is clear evidence that Google wants more iPhone users and it’s a mission that began years ago. They did not attain too much success and now, everyone’s eyes are on the current Antitrust Trial where a decision would soon come into play in a few months.

All of this reveals a dark side of Google which spends billions just to be the default choice of search engines across iOS. It’s being scrutinized for the act but that’s not stopping it.

The business of transforming into the first search engine choice of all Apple users is a struggle as is the goal of forcing more iPhone users to use Google apps.

The target is to move the 25% to 50% of searches carried out on iPhones which is double the figure right now. But along the way, using dirty tactics like locking AI-based features like Overviews to its own platforms and not having them seen on Safari is certainly an eye-opening effect of how low the search engine giant can go to get what it wants. Do you agree?

Image: DIW-Aigen

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by Dr. Hura Anwar via Digital Information World