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5 key areas for governments to responsibly deploy generative AI

IBM Journey to AI blog

For instance, traditional AI is used to improve the effectiveness of spam email filtering, enhance movie or product recommendations for consumers and enable virtual assistants to help individuals in seeking information. Generative AI is emerging as a valuable solution for automating and improving routine administrative and repetitive tasks.

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Tech Leaders Highlighting the Risks of AI & the Urgency of Robust AI Regulation

Unite.AI

The authors express their concerns about the pace with which AI systems are being developed poses severe socioeconomic challenges. Moreover, the letter states that AI developers should work with policymakers to document AI governance systems. How Can We Overcome the Risks of AI Systems?

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Bank of England Governor: AI won’t lead to mass job losses

AI News

The report called for updated copyright laws and urged the government to provide clarity on AI regulation—warning too much could hinder AI development in the country. Both Bailey and the Lords committee seem to agree that the focus should be on harnessing the upsides of AI while managing legitimate risks.

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AI vs Humans: Stay Relevant or Face the Music

Unite.AI

Job displacement due to automation is a significant concern, with studies projecting up to 39 million Americans losing their jobs by 2030. Likewise, ethical considerations, including bias in AI algorithms and transparency in decision-making, demand multifaceted solutions to ensure fairness and accountability.

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IFOW: AI can have a positive impact on jobs

AI News

’ The study also emphasises the need for firms to engage workers when investing in automation and AI. Taking these suggested actions could help ensure that the benefits of AI are distributed more evenly across regions and demographics, reducing existing inequalities.

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AI News Weekly - Issue #339: Next DeepMind's Algorithm To Eclipse ChatGPT - Jun 29th 2023

AI Weekly

Now Demis Hassabis, DeepMind’s cofounder and CEO, says his engineers are using techniques from AlphaGo to make an AI system dubbed Gemini that will be more capable than that behind OpenAI’s ChatGPT. wired.com Sponsor AI Investing is here with Pluto Make informed investment decisions like never before with Pluto, the pioneer in AI investing.

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How to use foundation models and trusted governance to manage AI workflow risk

IBM Journey to AI blog

Getting started with foundation models An AI development studio can train, validate, tune and deploy foundation models and build AI applications quickly, requiring only a fraction of the data previously needed. Software automation helps mitigate risk, manage the requirements of regulatory frameworks and address ethical concerns.

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