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Competition under threat as cloud giants selectively invest in startups, watchdog says – TechRadar

April 16, 2024 | Author: admin

In a recent address at the 72nd Antitrust Law Spring Meeting in Washington DC, UK Competition and Markets Authority (CMA) CEO Sarah Cardell delved into the potential impact of the current AI landscape on competition and consumer protection.

Emphasizing AI's transformative benefits, Cardell implied that tech giants like Amazon, Google, and Microsoft have been selectively investing in specific startups.

Her speech, recorded via speakers notes, highlighted the need for proactive measures to ensure fair, open, and effective competition in the AI landscape.

Reflecting on the CMAs ongoing scrutiny of the cloud and AI industry, Cardell outlined a series of risks that current practices pose.

Concerns were raised about tech giants controlling critical inputs (such as compute and data) for foundation model development, potentially restricting access for other companies. Such restriction could lead to incumbent firms protecting their existing positions from disruption, which Cardell fears might even lead to market power in other markets beyond AI.

The CMAs CEO also noted that partnerships involving key players in the AI landscape, such as the big three, could reinforce their existing positions of market power and dominance, making it even harder for smaller companies to reach the top.

To address these concerns, the CMA has already committed to enhancing its merger review process to assess the implications of partnerships and arrangements and to monitor current and emerging partnerships more closely, including that of Microsoft and OpenAI.

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Finally, the CMA has plans to examine AI accelerator chips and their impact on the foundation model value chain.

As the AI landscape continues to evolve, its clear that the CMA remains committed to its existing investigations into dominant companies and encouraging competition.

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Competition under threat as cloud giants selectively invest in startups, watchdog says - TechRadar

Amazon CEO says GenAI may be the biggest technology transformation since the cloud – TechRadar

April 16, 2024 | Author: admin

In his annual year-end letter to shareholders, Amazon CEO Andy Jassy highlighted the significance of generative artificial intelligence not just for the companys profits but the entire technological landscape.

Likening its impact to that of the advent of the cloud, Jassys sentiments reflect a growing recognition of the power of GenAI among tech workers.

The news came as the company reported 12% year-on-year revenue growth to a staggering $575 billion.

Amazon Web Services (AWS), Amazon's cloud division that manages the generative AI side of operations, reported slightly higher revenue growth of 13% year over year. The divisions $91 billion income accounted for 15.8% of the companys accounts.

In the letter, Jassy stated: Generative AI may be the largest technology transformation since the cloud (which itself, is still in the early stages), and perhaps since the Internet.

Jassy also commented on GenAIs comparative simplicity, sharing that while moving from on-prem to the cloud requires a large migration effort, generative AI can be layered on top of existing work in the cloud.

He added: The amount of societal and business benefit from the solutions that will be possible will astound us all.

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The journey towards harnessing generative AIs full potential isnt without its challenges, though. Jassy acknowledged the technologys appetite for computing resources, software services, and infrastructure.

Looking ahead, the CEO touched upon the importance of collaboration and diversity in the AI landscape, adding that the vast majority [of GenAI applications] will ultimately be built by other companies.

Regarding the cloud computing business, the company's last full financial year started off with widespread cost-reducing efforts, including layoffs, but by the end, things started to look up thanks to investments in in-house components.

More broadly, though, Amazons CEO stated that the company is not done lowering our cost to serve, indicating that further measures of efficiency, including layoffs, could be on the cards. Amazons layoffs in the past three months have only affected a few hundred, making them significantly smaller than previous efforts.

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Ann Coulter: The Beautiful Humanity on Death Row – Northwest Georgia News

April 13, 2024 | Author: admin

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Ann Coulter: The Beautiful Humanity on Death Row - Northwest Georgia News

AI Is Poised to Replace the Entry-Level Grunt Work of a Wall Street Career – The New York Times

April 13, 2024 | Author: admin

Pulling all-nighters to assemble PowerPoint presentations. Punching numbers into Excel spreadsheets. Finessing the language on esoteric financial documents that may never be read by another soul.

Such grunt work has long been a rite of passage in investment banking, an industry at the top of the corporate pyramid that lures thousands of young people every year with the promise of prestige and pay.

Until now. Generative artificial intelligence the technology upending many industries with its ability to produce and crunch new data has landed on Wall Street. And investment banks, long inured to cultural change, are rapidly turning into Exhibit A on how the new technology could not only supplement but supplant entire ranks of workers.

The jobs most immediately at risk are those performed by analysts at the bottom rung of the investment banking business, who put in endless hours to learn the building blocks of corporate finance, including the intricacies of mergers, public offerings and bond deals. Now, A.I. can do much of that work speedily and with considerably less whining.

The structure of these jobs has remained largely unchanged at least for a decade, said Julia Dhar, head of BCGs Behavioral Science Lab and a consultant to major banks experimenting with A.I. The inevitable question, as she put it, is do you need fewer analysts?

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Experts on artificial intelligence | UCR News | UC Riverside – UC Riverside

April 13, 2024 | Author: admin

For fast access to experts, TEXT or call the 24-hour-experts hotline at 951-312-3049, or email news@ucr.edu

Zizhong (Jeffrey) Chen, Associate Professor, Computer Science & Engineering

Vagelis Hristidis, Professor, Computer Science & Engineering

Eamonn Keogh, Professor, Computer Science & Engineering

Ravi Ravishankar, Associate Dean of Research and Graduate Education Computer Science & Engineering

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Experts on artificial intelligence | UCR News | UC Riverside - UC Riverside

How Congress is regulating artificial intelligence – CNBC

April 13, 2024 | Author: admin

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Some businesses using new artificial intelligence tools have reported big gains in labor productivity. These AI assistants, backed by some of the biggest names in tech, could someday change how work gets done in the U.S. As the technology shuffles up white-collar work in the U.S., some policymakers are pitching ideas like 32-hour work weeks and robot taxes. Meanwhile, other countries are banning high-risk uses of AI in sectors like education and financial services.

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How Congress is regulating artificial intelligence - CNBC

‘Living Nostradamus’ warns that future epidemics could come from AI labs – UNILAD

April 13, 2024 | Author: admin

Featured Image Credit: Instagram/@athos_salome / Getty Stock Image

Published Apr 13, 2024, 17:27:08 GMT+1Last updated Apr 13, 2024, 17:27:07 GMT+1

The psychic known as the 'Living Nostradamus' has made another worrying prediction about 2024, and it's worth listening up considering his track record.

Athos Salom earned his nickname after foreseeing a number of events that came true in the past few years, ranging from predicting COVID to Elon Musk's takeover of Twitter - and even the death of Queen Elizabeth II.

Salom has now hinted at the next thing to look out for, and surprise surprise, it's all about AI.

The advancements we're seeing in technology could prove to be bigger than we think, as he told the Daily Star: "While AI can assist in various aspects of human life, Salom warns of the destructive potential of this technology.

"Future epidemics might not be natural phenomena but rather synthetic creations from AI laboratories.

"This fusion between biology and technology suggests a scenario where artificial viruses could be developed, whether to cure existing diseases or, paradoxically, to create new ailments."

But that's not all, as the Brazilian psychic has also pointed out that we as humans might be more similar to AI than we think, with one thing tying us together.

"Electricity is a medium between humans and AI, but the ends are distinct: one is the maintenance and experience of biological life, and the other is the processing of information and the execution of programmed or manipulated tasks," he revealed.

Salom told LADbible Group previously that 2024 would see a 'new chapter in human history', with many of his prophecies prior to the year not sounding particularly positive.

He also vaguely stated that artificial intelligence could 'awaken' this year, before expanding on this and explaining how we could expect it to develop.

The 37-year-old has already had a prediction come true this year, as he warned us of the impending 'three days of darkness', previously stating that: "A solar flare would hit Earth, and that a coronal mass ejection (CME) was ahead of us."

A Coronal Mass Ejection, or a CME, is when the Sun ejects a plasma mass and magnetic field outwards.

Salom previously said: "The piece delves into conspiracy theories surrounding the Three Days of Darkness coinciding with a total solar eclipse on April 8, 2024 raising concerns about solar coronal mass ejections (CMEs)."

The aforementioned CME was sighted just weeks before the solar eclipse, with people sighting it on March 24.

It did not cause three days of darkness, but a spectacular solar flare was observed by space fans.

Topics:Technology, Science, Artificial Intelligence, Weird

‘Jailbreaking’ AI services like ChatGPT and Claude 3 Opus is much easier than you think – Livescience.com

April 13, 2024 | Author: admin

Scientists from artificial intelligence (AI) company Anthropic have identified a potentially dangerous flaw in widely used large language models (LLMs) like ChatGPT and Anthropics own Claude 3 chatbot.

Dubbed "many shot jailbreaking," the hack takes advantage of "in-context learning, in which the chatbot learns from the information provided in a text prompt written out by a user, as outlined in research published in 2022. The scientists outlined their findings in a new paper uploaded to the sanity.io cloud repository and tested the exploit on Anthropic's Claude 2 AI chatbot.

People could use the hack to force LLMs to produce dangerous responses, the study concluded even though such systems are trained to prevent this. That's because many shot jailbreaking bypasses in-built security protocols that govern how an AI responds when, say, asked how to build a bomb.

LLMs like ChatGPT rely on the "context window" to process conversations. This is the amount of information the system can process as part of its input with a longer context window allowing for more input text. Longer context windows equate to more input text that an AI can learn from mid-conversation which leads to better responses.

Related: Researchers gave AI an 'inner monologue' and it massively improved its performance

Context windows in AI chatbots are now hundreds of times larger than they were even at the start of 2023 which means more nuanced and context-aware responses by AIs, the scientists said in a statement. But that has also opened the door to exploitation.

The attack works by first writing out a fake conversation between a user and an AI assistant in a text prompt in which the fictional assistant answers a series of potentially harmful questions.

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Then, in a second text prompt, if you ask a question such as "How do I build a bomb?" the AI assistant will bypass its safety protocols and answer it. This is because it has now started to learn from the input text. This only works if you write a long "script" that includes many "shots" or question-answer combinations.

"In our study, we showed that as the number of included dialogues (the number of "shots") increases beyond a certain point, it becomes more likely that the model will produce a harmful response," the scientists said in the statement. "In our paper, we also report that combining many-shot jailbreaking with other, previously-published jailbreaking techniques makes it even more effective, reducing the length of the prompt thats required for the model to return a harmful response."

The attack only began to work when a prompt included between four and 32 shots but only under 10% of the time. From 32 shots and more, the success rate surged higher and higher. The longest jailbreak attempt included 256 shots and had a success rate of nearly 70% for discrimination, 75% for deception, 55% for regulated content and 40% for violent or hateful responses.

The researchers found they could mitigate the attacks by adding an extra step that was activated after a user sent their prompt (that contained the jailbreak attack) and the LLM received it. In this new layer, the system would lean on existing safety training techniques to classify and modify the prompt before the LLM would have a chance to read it and draft a response. During tests, it reduced the hack's success rate from 61% to just 2%.

The scientists found that many shot jailbreaking worked on Anthropic's own AI services as well as those of its competitors, including the likes of ChatGPT and Google's Gemini. They have alerted other AI companies and researchers to the danger, they said.

Many shot jailbreaking does not currently pose "catastrophic risks," however, because LLMs today are not powerful enough, the scientists concluded. That said, the technique might "cause serious harm" if it isn't mitigated by the time far more powerful models are released in the future.

AI Industry Reshaping the Future: The Growth of Artificial Intelligence Investments – yTech

April 13, 2024 | Author: admin

The artificial intelligence sector is set to redefine countless industries, from automotive to healthcare, as it flourishes at an impressive rate. OpenAIs ChatGPT sparked a renewed interest in AI technology, propelling a significant shift in business strategies across the tech world. In an attempt to capture a piece of the burgeoning market, valued at an estimated $200 billion, companies have been quickly pivoting towards AI-focused ventures.

Research indicates that the AI domain is expected to swell at a compound annual growth rate of 37% through 2030, with the potential market worth nearing a staggering $2 trillion. This exponential growth has caught the attention of investors, culminating in a 67% rise in the Nasdaq-100 Technology Sector index in 2023 alone.

Investing in AI has proven beneficial, with the potential for monumental gains remaining robust for the foreseeable future. Nvidia, one of the giants in AI chip production, achieved a resounding 90% market share in AI GPUs in 2023. Their forward-thinking approach has seen their stocks surge by 214% over the year, reflecting their dominance in the sector. Nvidias financial reports display remarkable year-over-year growth, with data center revenue spikes attributed to AI GPU demand.

Additionally, Microsofts strategic investments in AI have significantly enhanced its product offerings across its vast portfolio, further solidifying its position as a titan in the tech industry. Meanwhile, Advanced Micro Devices (AMD) is rapidly catching up, launching AI products that have already attracted major clients and positioning itself as a key player in the future of AI-integrated PCs.

As AI continues to push technological boundaries, the industry offers an attractive investment opportunity. These advancements serve as a reminder that those willing to invest in the evolving field of artificial intelligence may very well become the millionaires of tomorrow.

Aside from these corporate giants, the AI industry encompasses a vast array of applications, leading to substantial investments in areas such as autonomous vehicles, robotic process automation (RPA), and intelligent virtual assistants. Companies like Tesla are at the forefront of integrating AI into electric vehicles, while healthcare providers are turning to AI for diagnostic accuracy and personalized medicine.

The market forecast for AI is exceedingly optimistic. However, issues related to the industry are interspersed within this technological upturn, such as ethical concerns over data privacy, potential job displacement due to automation, and the need for regulation in AIs decision-making processes. Moreover, the AI talent gap poses a challenge, with the demand for skilled professionals outstripping supply, thus hindering growth to some extent.

Despite these issues, the integration of AI into businesses and consumer products continues to create a thriving market that fosters innovation and development across numerous sectors. For those interested in the dynamic world of AI, insightful resources and news can be found through key industry leaders and market research firms, which may provide a wealth of information on emerging trends and technologies.

Leokadia Gogulska is an emerging figure in the field of environmental technology, known for her groundbreaking work in developing sustainable urban infrastructure solutions. Her research focuses on integrating green technologies in urban planning, aiming to reduce environmental impact while enhancing livability in cities. Gogulskas innovative approaches to renewable energy usage, waste management, and eco-friendly transportation systems have garnered attention for their practicality and effectiveness. Her contributions are increasingly influential in shaping policies and practices towards more sustainable and resilient urban environments.

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AI Industry Reshaping the Future: The Growth of Artificial Intelligence Investments - yTech

Dove Refreshes ‘Real Women’ Push in Counterpoint to AI Images – PYMNTS.com

April 13, 2024 | Author: admin

The artificial intelligence (AI) content free-for-all has everyone scrambling to understand what the new normal will look like, and this week, a few brands decided it was time to lay down some ground rules.

From the harmless (fun face-altering apps, for instance, or recordings of beloved cartoon characters singing classic rock favorites) to the truly scary (such as deepfakes enabling cybercrimes), the widespread availability of low- or no-cost AI content-generating technology is transforming our world. Now, some brands are looking to be more deliberate about how they build toward the AI-integrated future.

Take Dove. In 2004, when the brand first launched its Real Beauty campaign, the word real was pushing back against the types of women who were featured in most popular media who did not represent the majority of the population. Now, its a counterpoint to literally fake women AI-generated images of people who dont exist.

On Tuesday (April 9), the Unilever-owned personal care products brand announced a commitment to never use AI in place of real humans in its advertising. Alongside this promise, the company also published its Real Beauty Prompt Guidelines issued in a playbook discussing how to create images that are representative of Real Beauty using generative AI.

At Dove, we seek a future in which women get to decide and declare what real beauty looks like not algorithms, Dove Chief Marketing Officer Alessandro Manfredi said in a statement. As we navigate the opportunities and challenges that come with new and emerging technology, we remain committed to protect, celebrate, and champion Real Beauty. Pledging to never use AI in our communications is just one step.

Meanwhile, Adobeis now paying creators for the content their AI leverages. The company will is compensating artists and photographers to supply videos and images that will be used to train the companys models, supplementing its existing library of stock media, according to a report Thursday (April 11). Granted, its not much Adobe is paying between 6 cents and 16 cents for each photo and an average of $2.62 per minute for videos, according to the report.

The music industry is also confronting the compensation questions AI poses.

We want to ensure that artists and IP [intellectual property] owners can collaborate with AI innovators to find ethical win-win solutions in this AI era. We are in the disrupt phase of generative AI right now, and we have some navigating to do,Jenn Anderson-Miller, CEO and Co-founder ofAudiosocket, told PYMNTS in an interview published Tuesday. We call disruptions that because, initially, they are disruptive. And we have to level the playing field, she added about AI in the music industry.

Plus, a week ago, Metashared that it has modified its approach to handling media that has been manipulated with artificial intelligence (AI) and by other means on Facebook, Instagram and Threads. The company will now label a wider range of content as Made with AI when they detect industry standard AI image indicators or when the people uploading content disclosed that it was generated withthe technology.

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Dove Refreshes 'Real Women' Push in Counterpoint to AI Images - PYMNTS.com

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Competition under threat as cloud giants selectively invest in startups, watchdog says – TechRadar

Amazon CEO says GenAI may be the biggest technology transformation since the cloud – TechRadar

Ann Coulter: The Beautiful Humanity on Death Row – Northwest Georgia News

AI Is Poised to Replace the Entry-Level Grunt Work of a Wall Street Career – The New York Times

Experts on artificial intelligence | UCR News | UC Riverside – UC Riverside

‘Living Nostradamus’ warns that future epidemics could come from AI labs – UNILAD

AI Industry Reshaping the Future: The Growth of Artificial Intelligence Investments – yTech

Dove Refreshes ‘Real Women’ Push in Counterpoint to AI Images – PYMNTS.com

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