Global Investment in AI To Soar Higher

News

If you are looking to find AI related blog posts and news then you are on the right webpage. We regularly post recent news and current activities in this emerging field. From EU AI Acts to the Global investment in AI, here are some of the news on AI that you might have missed this week.

EU AI Act

The EU AI Act, as you mentioned, is a legislative proposal put forth by the European Commission to regulate artificial intelligence (AI) within the European Union. It aims to establish a comprehensive framework for the development and deployment of AI systems, addressing various aspects such as ethics, transparency, and accountability. The Act is designed to balance the promotion of AI innovation with the protection of fundamental rights and safety concerns.

EU AI Act
EU AI Act Introduced in June

The EU AI Act, introduced in June following two years of discussions, may impact the manner in which financial institutions throughout Europe employ and integrate AI. Once the act is approved, which is anticipated to occur this year, the EU would take the lead as the world’s inaugural bloc to establish regulations on AI, aiming to enhance the environment for its advancement. Read More .….

Global Investment in AI To Reach Nearly $200 Billions by 2025

According to a study conducted by economists Joseph Briggs and Devesh Kodnani at Goldman Sachs, there is a projection of a substantial surge in worldwide private AI investments over the upcoming three years. This investment is expected to escalate from an approximate $91.9 billion in 2022 to surpass $158.4 billion in 2025, signifying a remarkable 72% upsurge within this three-year timeframe. Read More…..

AI Companies Must Prove That Their AI Is Safe

Accountable Tech, AI Now, and the Electronic Privacy Information Center (EPIC), all nonprofit organizations, have introduced policy suggestions aiming to curtail the extent of influence exerted by major AI companies over regulations. Simultaneously, these proposals could potentially enhance the authority of government agencies in curbing certain applications of generative AI. Read More …..

Awareness

Should You Block GPTBot ?

AI chatbots like Google’s Bard and OpenAI’s ChatGPT are trained using vast amounts of data scraped from the internet. This practice is controversial as it often doesn’t compensate content creators. OpenAI’s GPTBot is a web crawler that gathers information online, excluding paywalled and personally identifiable content. Other AI labs, like Stable Diffusion and LAION, also use web crawlers, such as Common Crawl, to collect internet data dating back to 2008. Google’s Bard and ChatGPT also utilized the Common Crawl dataset for training.

OpenAI’s GPTBot is designed to improve AI models’ accuracy and capabilities by accessing websites, yet the benefits don’t extend to the website owners. AI chatbots gather information from websites and use it to answer queries, but they don’t cite sources. Unlike Google’s Bard and Microsoft’s Bing Chat, which started showing citations, ChatGPT doesn’t provide sources for its answers. This lack of citations can lead users to not perform independent searches, impacting web traffic and potentially spreading inaccuracies. Publishers lose traffic, and there’s a risk of misinformation. The issue lies in the fact that AI chatbots can deliver answers without prompting users to verify information through conventional methods like web searches. Read more……..

Should You Always Believe ChatGPT?

While ChatGPT and similar AI language models offer numerous advantages, there are concerns and criticisms that raise questions about their impact on humans. Here are some reasons why some people might consider ChatGPT potentially problematic:

1. Misinformation and Bias: AI models like ChatGPT can inadvertently generate incorrect or biased information. If not monitored and controlled properly, the outputs might perpetuate stereotypes, spread misinformation, or provide inaccurate answers. This can have real-world consequences by misleading individuals seeking reliable information.

Artificial Intelligent Writing tool Chat GPT
Artificial Intelligent AI Like Chat GPT Could be Misleading

2. Lack of Critical Thinking: Overreliance on AI-generated content could discourage critical thinking and independent research. If users accept AI-generated answers without verifying the information, they might miss out on the benefits of critical analysis and forming their own opinions.

3. Ethical Concerns: AI-generated content might raise ethical questions, particularly when it comes to creating content that impersonates real people or generating content that infringes upon privacy rights. The potential for misuse and unethical applications of AI technology is a valid concern.

4. Impact on Human Jobs: AI models like ChatGPT can be seen as a threat to certain job roles, particularly those involving content creation, customer support, and data entry. If AI-generated content becomes widespread, it could lead to job displacement in some industries.

5. Dependency on Technology: An overreliance on AI for communication and information could erode essential human skills, such as effective communication, critical thinking, and problem-solving. As AI becomes more integral to our lives, there’s a risk of diminishing these vital human abilities.

6. Erosion of Genuine Connection: AI-generated communication, while useful in some contexts, cannot replace the depth of genuine human interaction. Relying solely on AI for conversation could lead to a lack of authentic emotional connection, which is an integral part of being human.

7. Privacy Concerns: Using AI language models might involve sharing personal information, leading to potential privacy breaches. As these models are trained on large datasets, there is a risk that personal data shared during interactions could be used without users’ consent.

8. Impact on Creativity: AI-generated content, while efficient, might lack the creativity and uniqueness that comes from human expression. Depending too heavily on AI could lead to a homogenization of content and creative output.

9. Cultural Implications: AI models might not fully understand cultural nuances, leading to misunderstandings or generating content that’s culturally insensitive. This lack of cultural understanding can hinder effective communication in diverse contexts.

10. Loss of Human Touch: The charm of human interaction lies in its imperfections, emotions, and spontaneity. AI-generated content might lack the genuine emotional resonance that makes human interactions memorable and meaningful.

It’s important to note that while there are valid concerns, the impact of AI on humanity is nuanced. AI technologies like ChatGPT can bring about positive transformations as well. The key lies in responsible development, usage, and continuous evaluation of their impact on society. Addressing the challenges and maximizing the benefits requires collaboration among technology developers, policymakers, researchers, and users.

Leave a Comment

Your email address will not be published. Required fields are marked *