In this article, we’ll delve into the first real-world study showcasing the impact of generative AI on worker productivity. We’ll explore how AI tools have significantly improved performance, particularly for less-skilled workers, and discuss the potential implications for the future of work. Key Takeaways: Generative AI boosts worker productivity by 14% on average in a …
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As the world evolves, so do its financial markets. As such, major players in the industry must continually adapt their strategies to remain competitive. This week, two major financial institutions made announcements related to their operations. Citigroup, a multinational investment bank headquartered in New York City, announced plans to recalibrate its investment banking workforce. This …
Silicon Valley Bank (SVB), a Major Tech Sector Lender, Collapses as Broader Industry Reckoning Continues – Second Largest Bank Failure in US History On Wednesday evening, Silicon Valley Bank (SVB) announced that it was planning to raise $2 billion to strengthen its financial position after suffering losses amid the broader slowdown in the tech sector. …
Amid mounting pressure over concerns that TikTok may be sharing user data with the Chinese government, the social media platform has launched Project Clover, a new data security regime aimed at protecting user information in Europe. Under the new regime, user data will be stored within Europe and placed under tighter access controls, with oversight …
Pepsi, Ally, Mondelēz, and Coty Share Success Stories of High Returns Through Video Game Advertising
Billions are invested by advertisers in video games, as over 50% of the US population engages in gaming. Major brands such as Pepsi and Ally have revealed how they have successfully invested in video games as an advertising medium, despite facing challenges in getting approval across their organizations. Speaking at the IAB Playfronts conference in …
In this article, we’ll look at the reasons behind the recent complaint filed by the Center for AI and Digital Policy (CAIDP) against OpenAI, arguing that the company’s GPT-4 model violates the Federal Trade Commission (FTC) rules against unfair and deceptive practices. Key Takeaways: AI Policy group CAIDP filed a complaint against OpenAI, stating GPT-4 …
In this article, we’ll examine the impressive advancements in quadrupedal robots and how Google’s DeepMind has introduced a new standard to measure their performance. We’ll delve into the reasons behind the development of this groundbreaking benchmark known as “Barkour”, and how it works to accurately assess the capabilities of these four-legged robotic companions. Key Takeaways: …
In today’s article, we delve into the recent appeal made by OpenAI CEO, Sam Altman, to Congress, pleading for the urgent regulation of artificial intelligence. We’ll explore the reasons behind this call to action, the potential impact of this technology, and the proposed methods to safeguard society from potential AI-related harm. Key Takeaways: Congress Urged …
In this article, we’ll examine the reasons behind Google’s recent announcement to incorporate AI chat features in Gmail and Docs and explore how these developments will impact the world of technology. Key Takeaways: Introducing AI Chat to Gmail and Docs: A New Chapter for Google Workspace Google is diving deeper into the realm of generative …
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In this article, we’ll explore the reasons behind Google’s decision to merge its Brain and DeepMind teams into one powerhouse called Google DeepMind, led by DeepMind CEO Demis Hassabis, as former AI lead Jeff Dean assumes the role of chief scientist. Key Takeaways: Google combines Brain and DeepMind to accelerate AI progress Demis Hassabis to …
This article delves into the factors that led to the SpaceX Starship test flight ending in a blaze and the company’s future plans. Key Takeaways: Starship test flight lifted off successfully but met a fiery end midair. The test aimed to collect data to enhance the chances of success in future missions. SpaceX intends to …
This article delves into the rationale behind GitHub’s implementation of npm package provenance and how it bolsters security and confidence in the npm ecosystem. Key Takeaways: GitHub has unveiled provenance for npm packages via GitHub Actions. Provenance delivers a confirmable method to associate npm packages with their originating repository and build guidelines. This feature assists …
In this article, we’ll examine the concerns surrounding Google’s chatbot Bard, which has been deemed “worse than useless” and “a pathological liar” by the company’s own employees, as Google reportedly rushes its development to compete with rivals Microsoft and OpenAI. Key Takeaways: Google employees criticize Bard’s safety and usefulness in internal messages. The company is …
In this article, we’ll look at the reasons behind the Trades Union Congress (TUC)’s warning that the UK government is failing to protect workers from AI-related exploitation and potential workplace discrimination. Key Takeaways: TUC warns of increased workplace discrimination due to unchecked AI usage. Many workers are unaware of AI’s role in decisions affecting their …
In this article, we’ll explore Stability AI’s release of a new open-source language model called StableLM, designed to compete with OpenAI’s ChatGPT. We’ll discuss the technology behind the model, its potential applications, and the ongoing debate surrounding the pros and cons of open-sourcing AI models. Key Takeaways: Stability AI, the startup behind the AI art …
In this article, we’ll look at the growing issue of deepfake pornography, its impact on victims, and the efforts being made to combat this problem. As AI technology advances, so does the potential for harm. Key Takeaways: Deepfake pornography is a rising concern, primarily targeting women. Technological advancements make creating deepfakes easier and more accessible. …