In this article: The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in the financial sector. He expressed concern that the growing use of AI could enable a few technology providers to dominate the market, creating systemic vulnerabilities. Das also pointed […]
AI Featured
In this article: The Commission’s IT department, DG DIGIT, has rolled out an AI pilot project to assist staff in drafting policy documents. While the Commission has been a global front-runner in regulating AI models underpinning tools such as OpenAI’s ChatGPT, it also wants to use AI’s benefits in the European Union executive daily proceedings. […]
In this article: AI’s regulatory landscape is complex and inconsistent, with governance struggling to keep up with the rapidly-evolving technology. Businesses have a key role to play by applying a strong code of ethics to ensure there is the necessary level of responsibility and accountability. Ethical AI is essential for creating a future where technology […]
In this article: Scindia said that AI is reshaping the contours of how we store and process information in an address at a GSS event He also observed AI’s contribution in supporting companies to unlock unparalleled agility, precision and scalability This comes after MoS Electronics and Information Technology Jitin Prasada in August informed the Parliament […]
In this article: Among approximately 75 million publications analysed, those employing AI are more likely to be a ‘hit paper’. Examples range fromdesigning new drug candidates in medicine to drafting new taxation policies in social sciences. Yet, many researchers still lack a systematic understanding of how AI may benefit scientific research, highlighting a substantial AI […]
In this article: Yann LeCun, an NYU professor and senior researcher at Meta Platforms, says warnings about the technology’s existential peril are ‘complete B.S.’ https://www.wsj.com/tech/ai/yann-lecun-ai-meta-aa59e2f5
In this article: These projects aim to tackle critical societal challenges, including AI-assisted early cancer detection and advancements in quantum computing. The grant competition is part of the broader US-India Initiative on Critical and Emerging Technologies (iCET). https://economictimes.indiatimes.com/tech/artificial-intelligence/us-india-announce-over-usd-2-million-grants-for-ai-and-quantum-technology-research-projects/articleshow/114174481.cms?from=mdr
In this article: The article discusses the AI Safety Clock, a tool introduced by Michael Wade to highlight the growing risks of uncontrolled artificial general intelligence (AGI). The clock’s current reading of 29 minutes to midnight indicates that we are halfway to a potential doomsday scenario where uncontrolled AGI could pose existential risks. The article […]
In this article: By 2028, 60% of governments worldwide will adopt a risk management approach in framing their AI and generative AI policies Significant financial penalties, litigation, and reputational damage can erode revenue and threaten a company’s long-term stability and growth By integrating data across thousands of contracts, AI empowers decision-makers with visibility into business […]
In this article: The document discusses the growing need to balance the benefits and risks of integrating AI (Artificial Intelligence) in OT (Operational Technology) cybersecurity environments. As OT systems face increasingly sophisticated cyber threats, AI offers promising capabilities to enhance threat detection and response. However, the integration of AI also raises concerns about compatibility with […]
