In this article: OpenAI’s project “Strawberry” aims to develop a novel approach to AI models. The initiative focuses on enhancing advanced reasoning capabilities. This effort is supported by Microsoft and was revealed through internal documentation reviewed by Reuters. https://www.reuters.com/technology/artificial-intelligence/openai-working-new-reasoning-technology-under-code-name-strawberry-2024-07-12/
AI Featured
In this article: AI Usage Among Knowledge Workers: More than half (55%) of knowledge workers are currently using AI-enhanced software applications at work. Report by Freshworks: Highlights rapid AI adoption among employees in the Asia-Pacific region. Frequency of AI Use: 70% of employees use AI at least once a week. Time Savings: 59% of employees […]
In this article: Corporate Directors and AI: As AI technology surges, corporate directors face urgent ethical considerations. Role in Responsible AI Practices: Can directors foster responsible practices for AI usage in the workplace? Current Use: There are concerns that directors may already be using bias-prone AI technology to sort through job applications. Directors’ AI Ethics […]
In this article: This paper offers a comprehensive overview of public opinion trends on AI, drawing from fifteen surveys conducted in the USA over the past 4 years. https://academic.oup.com/spp/advance-article-abstract/doi/10.1093/scipol/scae041/7713364?redirectedFrom=fulltext
In this article: Organization: Insurance and Pension Denmark (I&P Denmark) Warning: I&P Denmark warns against “Danish over-implementation” of the EU’s AI regulation. Concern: Over-implementation could lead to unnecessarily strict rules and increased administration. EU AI Regulation: Recently published and will officially come into force on 1 August. Comment by Thomas Brenøe: Position: Director of insurance […]
In this article: The Global Regulatory Brief provides monthly insights on the latest risk and regulatory developments. This brief was written by Bloomberg’s Regulatory Affairs Specialists From financial services use-cases of AI in the EU to data protection in Hong Kong, the a rticle lists some developments in digital finance over the past month https://thelens.slaughterandmay.com/post/102jcvb/eu-ai-act-published-today-enters-into-force-1st-august […]
In this article: EU AI Act Publication: The EU AI Act was published in the Official Journal today. Effective Date: The Act will enter into force 20 days later, on 1st August. Timeline for Substantive Rules: Most of the Act will not take effect for another two years, with some rules having an even longer […]
In this article: Election Result: On July 5, after a landslide loss to the Labour Party, Rishi Sunak left office. New Prime Minister: Keir Starmer was elected as the new Prime Minister and began forming his new government. AI Policy Stance: Starmer’s approach to AI is described as potentially tougher than Sunak’s. New Appointment: Starmer […]
In this article: OpenAI’s Promise: Last summer, OpenAI promised the White House rigorous safety testing of new AI versions. Purpose of Testing: Ensure AI does not cause harm, such as teaching users to build bioweapons or aiding hackers in developing cyberattacks. Incident: This spring, some OpenAI safety team members felt pressured to expedite a new […]
In this article: Latest projections of the economic impact of AI to have reached between $2.6 trillion and $4.4 trillion annually. However, advances in AI and its deployment continue to raise concerns on bias, privacy etc While some contend that regulating AI might stifle innovation etc, the prevailing consensus is that AI regulation is necessary […]
