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 […]
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In this article: Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday (July 11). Harris said this in a press release announcing the DFS’s adoption of guidance for insurers that use AI in underwriting and pricing. NYDFS Issues Guidance […]
In this article: Mainstream Usage: AI agents are increasingly used in various applications such as customer service and software code fixing. Importance of Selection: Determining the best AI agent for a given application is crucial, considering factors beyond just functionality. Role of Benchmarking: Benchmarking is essential for evaluating AI agents. Research Paper: The paper “AI […]
In this article: Countries around the world are vying to set the tone for global regulation of artificial intelligence — and now China has set out its views on global cooperation in the sector. https://www.cio.com/article/2516161/china-makes-its-bid-for-global-ai-governance.html
In this article: The incoming European Parliament will continue work on a legal framework to determine liability in case of defaults in AI products, following the AI Act’s enforcement on August 1. There is ongoing division between the Brussels tech lobby and consumer organizations regarding the need for additional rules. The European Commission proposed the […]
In this article: Microsoft is stepping down from the OpenAI board. Google has reportedly disbanded its machine learning privacy team. Both vendors face investigations. https://www.techtarget.com/searchenterpriseai/news/366593593/Microsoft-Google-make-moves-amid-regulators-AI-scrutiny
In this article: The company believes its technology is approaching the second level of five on the path to artificial general intelligence OpenAI Sets Levels to Track Progress Toward Superintelligent AI – Bloomberg
In this article: Introduction of Climate Answers An experimental AI chatbot focused on climate topics. Integrated into the homepage, app, and articles of The Washington Post. Functionality and Scope Utilizes The Washington Post’s extensive reporting. Answers questions about climate change, the environment, sustainable energy, and related topics. https://www.theverge.com/2024/7/9/24194486/the-washington-post-climate-answers-ai-chatbot
In this article: According to the agency’s Patent Landscape Report, between 2014-2023, more than 38,000 GenAI patents came out of China, six times more than those filed by inventors in the United States, which came in second place. GenAI, or Generative AI, allows users to create content including text, images, music or software code, powering […]
In this article: Meta’s Novel Multi-Token Prediction Approach Released pre-trained models leveraging this new technique. Changes the traditional method of training LLMs (predicting the next word). Details of the New Technique Forecasts multiple future words simultaneously. Promises enhanced performance and drastically reduced training times. Origin and Impact Technique first outlined in a Meta research paper […]
