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AI News Weekly - Issue #342: $1 billion gamble to ensure AI doesn’t destroy humanity - Jul 20th 2023

AI Weekly

In the News Top 10 AI Tools Cooler Than ChatGPT For our list of AI tools cooler than ChatGPT, we conducted extensive research and considered various factors such as performance, versatility, innovation, user-friendliness, integration, and industry impact. dataversity.net Is AI advancing too quickly? Powered by pluto.fi

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Leveraging generative AI on AWS to transform life sciences

IBM Journey to AI blog

Accelerate mRNA medicines design : Moderna, which has been leveraging machine learning and AI to advance the field of messenger RNA (mRNA) to create a diverse clinical portfolio of vaccines and therapeutics across seven modalities, is partnering with IBM to leverage generative AI to design mRNA medicines with optimal safety and performance.

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Ajay Kumar, CEO of SLK Software – Interview Series

Unite.AI

Fraud detection has become more robust with advanced AI algorithms that help identify and prevent fraudulent activities, thereby safeguarding assets and reducing risks. In wealth management, AI automates asset identification, improving the accuracy and speed of collateral processing.

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Pascal Bornet, Author of IRREPLACEABLE & Intelligent Automation – Interview Series

Unite.AI

You are known for emphasizing how empowering AI is, but most people fear losing their jobs. What are the skills that humans need to reinforce in order to not be replaced by AI? It's true that the specter of job losses due to AI automation is a real fear for many. Bias in AI models is a significant concern.

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The Ethical Minefield of AI Scaling: Building Trustworthy AI for Large-Scale Deployments

Unite.AI

A holistic debiasing strategy comprising operational, organizational, and transparency elements is vital. This includes optimizing data collection processes, fostering transparency into AI decision making rationale, and leveraging AI model insights to refine human-driven processes. But reskilling alone is not enough.

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AI Myths Debunked: True & Interesting Facts About AI

Pickl AI

Myth 2: AI Can Think Like Humans Many believe that AI systems operate similarly to the human brain. This misconception stems from the sophisticated nature of some AI models. Reality AI does not possess consciousness or emotions. Poorly structured or inaccurate data can lead to ineffective AI models.