Cardano Founder Urges Caution On AI Risks Amid Robinhood’s Technological Push

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Cardano founder Charles Hoskinson has raised the alarm over the implications of artificial intelligence (AI) censorship, coinciding with crypto exchange Robinhood’s recent acquisition of AI-powered investment advice platform Pluto.  According to Bloomberg, the move aims to bring tailored investment strategies and analytics to Robinhood’s retail brokerage users.

Robinhood’s acquisition of Pluto Capital, founded by Jacob Sansbury, marks a strategic step towards bolstering the platform’s capabilities.

Pluto is renowned for its AI-driven personalized investment advice and real-time analytics, offering services traditionally accessible only to wealthier investors.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: Hungary

Topics: Adausd AI AI crypto Charles Hoskinson news Cardano Cardano blockchain Robinhood Cardano founder Robinhood news ADAUSDT Robinhood Crypto Charles Hoskinson Cardano (ADA) Cardano news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 23:00:44 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21450409

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