According to U.Today, Elon Musk, the renowned tech billionaire, has expressed his concerns over a new feature from Microsoft called 'Recall'. This feature, as explained by Microsoft CEO Satya Nadella, is a semantic search of users' entire history, aiming to help them find anything they have ever seen or done on their PCs. The feature works by constantly taking screenshots of the user's computer screen, which are then processed by a generative AI model and the NPU to make the data searchable. Despite its potential utility, Musk compared the feature to a scenario from the 'Black Mirror' series, suggesting that it brings us closer to a dystopian future where technology controls humanity. He hinted at the possibility of the data collected by 'Recall' being easily accessed and used to manipulate users’ actions.
In other news, Shibarium, Shiba Inu's layer-2 solution, has seen a significant increase in transactions, with a 209% growth reported. Data from Shibariumscan shows that the daily transaction count rose from 6,000 on May 14 to 18,560 on May 20. This surge in transactions followed the implementation of the Shibarium hard fork on the mainnet, marking a turning point for the Ethereum L2 protocol. Shibarium is now aiming to break the record of 420 million total transactions, with the current total standing at 417,525,512.
Lastly, Bitcoin, the leading cryptocurrency, has made a significant move towards revisiting its all-time high, reaching the $71,000 level. This is the highest price level since April 1, when Bitcoin traded at $71,330. The recovery was likely driven by positive CPI data indicating a weakening inflation rate and a week of inflows into Bitcoin ETFs. Jan3 CEO Samson Mow, a well-known Bitcoin maximalist, commented on the price surge, predicting the arrival of an 'Omega' Bitcoin candle soon. An Omega candle, as explained by Mow, is a large trading candle on a Bitcoin chart accompanied by high volatility moves. At the time of reporting, Bitcoin was trading at $70,006, down by 0.25% over the past 24 hours.