DIRS.INFO The most relevant business & tech news

☆ Teens get hundreds of phone alerts per day, report finds
▼ + stars: | 2023-09-26 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —Teens get as many as 237 or more notifications each day on their smartphones, according to a new report. But some teens used their phones for more than six hours during that time. … This research bears itself out 100%,” said John Duffy, a Chicago-based psychologist who wasn’t involved in the report, via email. “When I lost my phone … I didn’t have a phone for a week, and that week was amazing. Adults could do more to help teens and children develop healthier habits for phone use, experts said.

Persons: ”, Jenny Radesky, Mott, shouldn’t, “, John Duffy, wasn’t, ” Duffy, James P, Steyer, ” Steyer, Neha Chaudhary Organizations: CNN —, University of Michigan, Mott Children’s Hospital, American Academy of Pediatrics ’, Excellence, Social Media, Mental Health, Advisory Council, Council, CNN, Media, Massachusetts General Hospital, Modern Health Locations: Chicago, Massachusetts

☆ A.I. Excels at Making Bad Art. Can an Artist Teach It to Create Something Good?
▼ + stars: | 2023-09-22 | by ( Zachary Small | ) www.nytimes.com time to read: +15 min

“Is It Good Enough to Fool My Gallerist?” David Salle, one of America’s most thoughtful painters, hoped an A.I. “We are sending the machine to art school,” Salle quipped, before expounding on the principles of light, shadow, depth and volume that good painting requires. Safe to say that nobody would mistake this image for a Salle painting. Salle’s style has changed over the years, which made capturing his essence a little more challenging for an algorithm. Put through the blender of a machine, Salle’s art becomes a remix: a pastiche of pastiches.

Persons: ” David Salle, David Salle, ” Salle, wisps, ”, —, Justin Kaneps, Danika Laszuk, Grant Davis, Ben Lerner, “, David Salle ”, Hillary Clinton doppelgänger, Edward Hopper … …, Giorgio de Chirico, Bernini, Salle, Salle’s, Sarah French, ” Davis, David, John Baldessari, Peter Arno, Richard Prince, Cindy Sherman, Alex Katz, Katz, Jackson Pollock, Davis, … …, …, tutus, Barbara Gladstone, Arno, shrugged Organizations: The New York Times, New York Times, Whitney Museum of American Art, Betaworks, ” Salle, California Institute of, Arts, New Yorker, Salle Locations: ” Salle, ”, Seoul

The result was Joy, which uses artificial intelligence to suggest bite-sized mindfulness activities for people based on how they are feeling. It really helps me quickly de-stress before I have to do things like job interviews,” he said. The AI is supposed to recognize how you are feeling from your voice, then suggest short activities. The app is available for a $8 monthly subscription, with a discount if you subscribe for a whole year. It’s a work in progress, and as it goes with AI, the more people use it, the more accurate it becomes.

Persons: Kai Koerber, Marjory Stoneman, —, — he’d, ”, “, Koerber, ” Koerber, Mohammed Zareef, Mustafa, Koerber's who's, you've, It’s, “ Kai, Dacher Keltner, it’s, Colin Walsh, Walsh, ” Walsh, don’t, Mark Zuckerberg, ’ ” Organizations: Marjory Stoneman Douglas High School, Cal, University of California, UC Berkeley, Vanderbilt University, Facebook Locations: Parkland , Florida, Berkeley

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

☆ Craigslist founder Craig Newmark is pouring millions of dollars into combating AI's dark side
▼ + stars: | 2023-09-14 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

Since the 2015 debut of Craig Newmark Philanthropies, the entrepreneur has donated many millions of dollars to various causes involving media and technology. Newmark, 70, spoke to CNBC as he was recovering from a minor heart procedure he went through in late August. At the same time, he's worried that tech companies, particularly in social media, "aren't even trying anymore to get rid of stuff they know is dishonest," he said. "Protecting kids when it comes to AI is a big issue," Newmark said, regarding his donation to Common Sense Media. Within journalism, Newmark's most high-profile endeavor is the City University of New York's Craig Newmark Graduate School in Journalism.

Persons: Craig Newmark, Everard Craig Newmark, Craig Newmark Philanthropies, Newmark, he's, aren't, I've, Rather, Jim Jordan, I'm, City University of New York's Craig, Julia Angwin, she'd, Sue Gardner, algorithmically, Thilina, doesn't, " Newmark, that's Organizations: Craigslist, LinkedIn, Facebook, Sense Media, CNBC, Tech, Meta, Twitter, Sense, Knight Foundation, Ford Foundation, City University of New, City University of New York's Craig Newmark Graduate School, Journalism, CUNY, Nurphoto Locations: San Francisco, New York, Ohio

☆ From rolling out OpenAI's GPT-4 to employees to preventing $27 billion in fraud, Visa exec Rajat Taneja opens up about the payments giant's AI playbook
▼ + stars: | 2023-09-14 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Visa relies on AI for mission-critical tasks like processing payments, detecting fraud, and securing its massive network infrastructure. It has more than 300 AI models that are live and operating. "AI is going to be a huge part of how we grow, but it'll also be part and parcel of everybody's work," Taneja said. Visa continues to experiment with similar AI models, like Meta's AI model Llama 2 and those from French-American company Hugging Face, Taneja said. Visa introduced AI models that ingest billions of data points every day to train on, learn patterns, and identify any cybersecurity or payment-security threats.

Persons: It's, Rajat Taneja, it'll, Taneja, it's, coder, counterfeits Organizations: Visa, Microsoft Locations: American

☆ Deutsche Bank's chief innovation officer lifts the hood on the German bank's AI strategy as it hires hundreds and runs dozens of pilots
▼ + stars: | 2023-09-11 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

Deutsche Bank is aggressively experimenting with AI capabilities to transform the bank. Then they cut to black before text came into focus to provide intel on Cymbal, a hypothetical corporate client of Deutsche Bank. Deutsche Bank is aiming to transform the business and work of banking. There's a lot of assumptions," Gil Perez, Deutsche Bank's chief innovation officer, told Insider. The bank will need to compete for in-demand AI tech talent, a market that is only set to heat up.

Persons: Gil Perez, Perez, Tamara Bitticks, Bitticks, There's Organizations: Deutsche Bank, DB, intel, Google, Deutsche, Bankers, Wall, genAI Locations: San Francisco, Washington

☆ In U.S.-China AI contest, the race is on to deploy killer robots
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +26 min

In this high-tech contest, seizing the upper hand across fields including AI and autonomous weapons, like Ghost Shark, could determine who comes out on top. This could become critical if the United States intervened against an assault by Beijing on Taiwan. Cheap and expendableThe AI military sector is dominated by software, an industry where change comes fast. Still, the available disclosures of spending on AI military research do show that outlays on AI and machine learning grew sharply in the decade from 2010. The Costa-Mesa, California-based company now employs more than 1,800 staff in the United States, the United Kingdom and Australia.

Persons: America’s, Shane Arnott, Anduril, ” Arnott, Arnott, ”, “, Mick Ryan, Eric Schmidt, hasn’t, Lloyd Austin, –, Stuart Russell, Russell, Kathleen Hicks, “ We’ll, Palmer Luckey, Luckey, ” Arnott didn’t, Biden, Tsai Ing, Frank Kendall, Datenna, Martijn Rasser, Feng Yanghe, Feng, Palmer, ” Anduril, Arnott wouldn’t, David Lague, Edgar Su, Catherine Tai, Peter Hirschberg Organizations: Australian Navy, Ghost Sharks, Sharks, Reuters, Defense, Australian, Chinese Communist Party, Beijing, People’s Liberation Army, PLA, Department of Defense, Pentagon, Australia’s Department of Defence, Australian Defence Force, Technologists, University of California, U.S ., U.S, Teledyne FLIR, Facebook, VR, Military, . Air Force, FH, U.S . Central Intelligence Agency, Department, Statistics, Harvard University, Biden Administration, Special, Command, Ministry of Defense, Veteran Locations: China, Australia, United States, Sydney, Britain, Japan, Singapore, South Korea, Europe, Asia, Ukraine, ”, America, U.S, Taiwan, East Asia, Beijing, Russian, Berkeley, Fort Campbell , Tennessee, Kenya, “, Russia, Colorado, Zhuhai, Netherlands, Costa, Mesa , California, United Kingdom, Virginia, Canberra, Washington

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsSTOCKHOLM, Sept 7 (Reuters) - UNESCO on Thursday published its first guidance on use of Generative AI (GenAI) for education, urging governmental agencies to regulate the use of the technology, including protection of data privacy and putting an age limit for users. Students have also taken a liking for GenAI, which can generate anything from essays to mathematical calculations with just a few line of prompts. Among a series of guidelines in a 64-page report, UNESCO stressed on the need for government-sanctioned AI curricula for school education, in technical and vocational education and training. While China has formulated rules on GenAI, the European Union's AI Act is likely to be approved later this year. The Paris-based agency also sought to protect the rights of teachers and researchers and the value of their practices when using GenAI.

Persons: Dado Ruvic, OpenAI, GenAI, ChatGPT, Bard, Stefania Giannini, Supantha Mukherjee, Aurora Ellis Organizations: REUTERS, Rights, UNESCO, Microsoft, Reuters, Thomson Locations: Rights STOCKHOLM, China, Paris, Stockholm

☆ Tech Chiefs to Gather in Washington Next Month on A.I. Regulations
▼ + stars: | 2023-08-28 | by ( Cecilia Kang | More About Cecilia Kang | ) www.nytimes.com time to read: +3 min

insight forums” are closed-door listening sessions for lawmakers as they try to craft regulations for A.I. Mr. Schumer, the majority leader, said the sessions were intended to educate members of Congress on the risks posed by A.I. To influence the debate, some tech chiefs have voiced their views on A.I. Last month, the White House announced that Microsoft, OpenAI, Anthropic, Google and Meta had agreed to voluntary safeguards around their A.I. Mr. Schumer said he would host forums to learn about the risks and potential opportunities of A.I.

Persons: Chuck Schumer, Elon Musk, Sundar Pichai, Sam Altman, OpenAI, Satya Nadella, Jensen Huang, Eric Schmidt, Schumer, A.I, Axios, Altman, Musk Organizations: Elon, Tesla, Google, Microsoft, Nvidia, Capitol, Lawmakers, White House, Meta, IBM, A.I, Mr Locations: New York, Washington, A.I, States, Europe, United States

☆ This Dutchman moved to San Francisco a year ago to help tech giants prepare for new EU rules
▼ + stars: | 2023-08-25 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

De Graaf, a 30-year veteran of the European Commission, was tasked with resurrecting the EU office in the Bay Area. The generative AI boomGenerative AI was a virtually foreign concept when de Graaf arrived in San Francisco last September. In June, the European Parliament cleared a major step in passing the EU AI Act, which would represent the EU's package of AI regulations. Tech companies that have for years criticized the EU for overly aggressive regulations are now asking, "Why is it taking you so long?" The rapidly changing landscape of generative AI makes it tricky for the EU to quickly formulate regulations.

Persons: Yves Herman, Gerard de Graaf, De Graaf, de Graaf, Union hasn't, Mark Zuckerberg, Mandel Ngan, Thierry Breton, Elon Musk, Breton, we've, We've, who's, they've, Aneesh Chopra Organizations: EU, European Commission, Digital Services, Nasdaq, Meta, Google, Apple, DSA, EC, Valley Bank, Irish Consulate, The, Union, U.S, Facebook, Financial, Financial Services, AFP, Getty, Twitter, Digital Markets, Washington , D.C, European, Tech, Stanford, Nvidia, White Locations: Brussels, Belgium, Europe, San Francisco, Bay, U.S, Silicon Valley, Silicon, Rayburn, Washington , DC, Poland, Graaf, Washington ,, United States

☆ CFPB to crack down on data brokers, Chopra says at White House event
▼ + stars: | 2023-08-15 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

WASHINGTON — The White House on Tuesday held a roundtable examining potential harmful data broker practices as part of an overall strategy to protect Americans' privacy. The CFPB's new rule proposals will build upon the FCRA to hold data brokers that sell highly sensitive information more accountable. One proposal, said Chopra, will define a data broker dealing in certain types of consumer data as a consumer reporting agency and the brokers' sale of data as a consumer report. Another will clarify whether credit header data, the portion of a credit report that contains identifying information, can be considered a covered consumer report. "We applaud the steps the Consumer Protection Financial Bureau is taking to stop data brokers from unlawfully collecting and selling millions of Americans' sensitive data," she said.

Persons: WASHINGTON, Chopra, There's, Arati Prabhakar, Lael Brainard, Lina Khan, Brian Boynton, Khan, Brainard Organizations: Consumer, Fair, White, Office of Science, Technology, National Economic Council, Federal Trade, Justice Department's Civil, FTC, Protection

☆ San Francisco moves to center of robotaxi universe after California agency vote
▼ + stars: | 2023-08-11 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +6 min

Cruise and Waymo have been running experimental services limited by times and geographic areas within San Francisco. The approval “marks the true beginning of our commercial operations in San Francisco,” said Tekedra Mawakana, Waymo co-CEO, in a prepared statement. San Francisco is important as both a symbolic hub of tech and, with hundreds of AVs already in operation, the largest test lab for the experimental cars. The vehicles, with empty driver seats and self-turning steering wheels, have become a common sight around San Francisco. Commissioner Genevieve Shiroma advocated for a delayed vote noting the volume of public comment and her lingering concerns following evidence that the vehicles have obstructed emergency vehicles in San Francisco.

Persons: Heather Somerville, Waymo, Motors ’, John Reynolds, AVs, Cruise, ”, Tekedra Mawakana, Prashanthi Raman, Uber, Genevieve Shiroma, Greg Bensinger, Jamie Freed, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, Motors, California Public Utilities Commission, Transportation, Cruise, Locals, San Francisco Municipal Transportation Agency, Technologists, Thomson Locations: San Francisco, California, U.S, San Francisco's, Francisco

☆ Want to work in tech? Don't work in tech.
▼ + stars: | 2023-08-08 | by ( Tien Tzuo | ) www.businessinsider.com time to read: +8 min

I advise young engineers today to work for Fortune 500 companies, not Big Tech. Today, however, he's working on a project for a different kind of tech company: John Deere. There is no magic at Big Tech companies, there's only money. And Fortune 500 companies simply don't have the luxury of buying talent just to park it. Today, all companies are tech companies, and they all want to see more recurring revenue in their business models, which means they need smart, restless engineers.

Persons: moonshots, Jon Weisz, John Deere, Weisz, Peter Thiel, that's, Philips, Ford, Tien Tzuo, Tzuo Organizations: Fortune, Big Tech, Corporations, Oracle, Apple, Nike, Honeywell, Volvo, Boeing, Whirlpool, Technologists, Facebook, Consumer, SEI, Microsoft, EV, Cornell, Stanford Locations: Columbia, Baltimore, Hulu, Atlanta, Salesforce

☆ San Francisco drives tech; will it drive away robot taxis?
▼ + stars: | 2023-08-07 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +7 min

[1/3] A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company?s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. Futuristic test vehicles from Cruise and Waymo are a common sight in some parts of San Francisco. The vote comes at a critical time for San Francisco, which is grappling with thousands of tech job losses, firms leaving the city, and COVID-era work-from-home policies that have contributed to a hollowed out downtown. loadingRamón Iglesias, another San Francisco resident, said that though he’d seen the videos and some erratic behavior from the cars, he supports the expansion and worries any further obstacles could drive tech companies away. “We have a very strong Luddite segment here in San Francisco and you see places like Las Vegas and Miami go out of their way to embrace tech,” said Iglesias, a data scientist.

Persons: Heather Somerville, Waymo, ”, Kyle Vogt, X, ” Cruise, San Francisco, Cruise, Julia Ilina, Mike Smith, Ramón Iglesias, he’d, Iglesias, “, London Breed, Greg Bensinger, Peter Henderson, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, Motors, San, San Francisco County Transportation Authority, Cruise, California Public Utilities Commission, Las, Ford, Tesla, Francisco, FIRST, ”, London, Thomson Locations: San Francisco, California, U.S, Francisco, San, San Francisco County, State, dazzled, Dallas, Miami, Las Vegas, Los Angeles

☆ Inside Prague's Institute of Crypto Anarchy — where they're plotting to bring down the dollar
▼ + stars: | 2023-08-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

Today, that union of minds finds refuge in Prague in a retrofitted factory building called Paralelní Polis, or "parallel world." The dark stucco of Polis' Prague headquarters is an outlier among the ornate, brightly-colored buildings that tower over it. ETHPrague 2023 was held at Paralelní Polis in the Czech Republic Pavel SinaglThe 'parallel world' concept is sticky. The Vienna branch goes so far as to self-describe as a living example of how "the Paralelní Polis cryptoliberation virus is spreading." The most popular Czech bitcoin YouTuber boasts 90k subscribers, while the annual Czech-only bitcoin conference called Chaincamp attracts around 2000 visitors, even during the bear market."

Persons: Czech Republic Pavel Sinagl, Ztohoven —, Ztohoven, provocateurs, Václav Benda, Dan Ligocký, Ligocký, William Lobkowicz, ethereum, Vitalik Buterin, Ethereum, Pavel Sinagl, Prague MacKenzie Sigalos, Holy, William, Ileana Lobkowicz, Josef Tětek, Tětek, isn't, biohacking, —, Carl Menger, Friedrich Hayek, BTCPrague, Michael Saylor, Satoshi cryptographer, Adam Back, Saifedean Ammous, bitcoin, Gary Gensler, bitcoin maximalist, Vaclav, — Matěj Žák, Jan Čapek, Christoph Kassas, YouTuber Jakub Vejmola, Jameson Lopp, Stephan Livera, Robert Breedlove, Stani Kulechov, Ondrej Polak, Czech Republic Pavel Sinagl Ligocky Organizations: Paralelní, CNBC, European Union, Polis, of Cryptoanarchy, Austrian, Securities, Exchange, Czech Craft, U.S, Treasury, Casa, Ethereum Foundation, Czech Blockchain Association, optimist Locations: Paralelní Polis, Czech Republic, Czech Republic Pavel Sinagl PRAGUE, Czech, Bohemian, Prague, It's, Polis, Polis —, Lobkowicz, Nazi, Vienna, Barcelona, Bratislava, Slovakia, Košice, Austrian, ., Alza, Bohemia, Europe, Old Town, Holešovice

☆ 8 jobs that pay more than you think, including the Trader Joe's role that pays over $100,000 a year
▼ + stars: | 2023-07-26 | by ( Jenny Powers | ) www.businessinsider.com time to read: +8 min

The average salary in the US is $60,575, but you can make $125,000 managing a car wash at Buc-ee's. As of 2022, about 14,200 individuals were employed in this field and the mean annual salary was $70,290 , or an average of $33.79 an hour. According to recent information from Salary.com , bingo managers can earn between $51,965 and $112,599 a year, with a mean salary of $70,241. In 2022, the US Bureau of Labor Statistics listed the mean annual salary for truck drivers as $53,090, or $25.52 an hour. The mean annual salary is $81,530 , or $39.20 an hour, and 38,380 individuals were employed in this role in 2022, according to data from the US Bureau of Labor Statistics.

Persons: Joe's Topping, Joe's, there's Organizations: Service, Social Security Administration, US Bureau of Labor Statistics, Bureau of Labor Statistics, Walmart, Technologists Locations: Wall, Silicon, United States

☆ This Harvard dropout and her brother launched a company to conserve liquids in factories
▼ + stars: | 2023-07-22 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +12 min

"As with every family business, everyone is involved in the family business," Annie told CNBC. We grew up in the sector," Annie told CNBC. Zoom In Icon Arrows pointing outwards Annie and David Lu at a Harvard Innovation Labs event, when they were still ideating. As part of this partnership, Unilever tested the H2Ok Innovations solution at its Ben & Jerry's facility in Waterbury, Vermont. "They are exceptionally smart, visionary and courageous — the kind of founders investors dream to back," Iskold told CNBC.

Persons: David, Annie Lu, Annie Lu Annie Lu, Lu, Lu's, hasn't, Annie, David's, David Lu, David Lu They, Sandeep Desai, Desai, Jeff Bussgang, Alex Iskold, doting, Iskold, Dayna Grayson, We've, David giggled, it's Organizations: Harvard, CNBC, H2Ok, Construct, Flybridge, Ventures, Greentown Labs, Forbes, H20k, Harvard Innovation Labs, Unilever, AB InBev, Coca Cola Co, Colgate, Palmolive, Waterbury, Unit, Flybridge Capital, Construct Capital Locations: China, Saskatoon, Canada, Bay, Techstars, Boston, Minnesota, Minneapolis, Waterbury , Vermont, U.S, Brazil, United States, H2Ok

☆ Oddity will start trading after pricing IPO above range — here's what the beauty and tech company does
▼ + stars: | 2023-07-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

In the three months ended March 31, the company saw $165.7 million in revenue, up from $90.4 million in the year-ago period. It reported net income of $19.6 million, or 35 cents a share, compared with about $3 million, or 5 cents a share, a year earlier. In fiscal 2022, Oddity brought in $324.5 million in sales and saw net income of $21.7 million, or 39 cents a share. In the year prior, the retailer saw $222.6 million in revenue and net income of $13.9 million, or 26 cents a share. In 2020, it saw $110.6 million in sales and net income of $11.7 million, or 22 cents a share.

Persons: Oran Holtzman, Holtzman, Shiran Holtzman, Lindsay Drucker Mann, Goldman Sachs Organizations: Tech, Nasdaq, CNBC, Goldman, Israeli Defense Forces Locations: U.S

☆ Apple stock pops on report it's developing its own equivalent of ChatGPT
▼ + stars: | 2023-07-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple stock popped briefly Wednesday after a Bloomberg News report said the company was developing its own artificial intelligence large language model internally. The move signals Apple is taking recent advances in AI technology seriously and is considering integrating them into future products. For the past year, technologists and investors have been enamored of large language models, an AI technology that can turn out text or code that looks like a human wrote it. Some Apple staffers believe the company is aiming for a significant AI announcement next year, according to the report. Aside from LLMs, Apple uses a lot of machine learning in its products, from Siri speech recognition to the ability of the Photos app to detect faces and pets.

Persons: Siri Organizations: Apple, Bloomberg, Ajax, Microsoft, Google, Meta, Qualcomm

☆ Nominate innovators for Insider's inaugural AI 100, recognizing the people who make AI intelligent
▼ + stars: | 2023-07-12 | by ( Monica Melton | ) www.businessinsider.com time to read: +1 min

Insider is making a list of 100 people who make AI intelligent. Morning Brew Insider recommends waking up with, a daily newsletter. download the app Email address By clicking “Sign Up,” you also agree to marketing emails from both Insider and Morning Brew; and you accept Insider’s Terms and Privacy Policy Click here for Morning Brew’s privacy policy. Individuals at AI powerhouses like Google, Microsoft, and Amazon will contend with up-and-comers, startup founders, academics, and more. Criteria and methodologyOur selection criteria: We ask that nominees work on artificial intelligence, machine learning products, applications, and policy.

Persons: Inisder's, Monica Melton Organizations: Morning, Google, Microsoft Locations: mmelton

☆ Cybersecurity experts have become targets for board seats
▼ + stars: | 2023-07-03 | by ( Bob Violino | ) www.cnbc.com time to read: +6 min

The research also showed that 90% of public companies lack even one qualified cyber expert, showing a significant cyber board supply-demand gap. A recently released report on CISO board readiness conducted by IANS Research in collaboration with Artico Search and The CAP Group, found that less than half of the CISOs stand out as board candidates. So, what skills do CISOs need — aside from cybersecurity expertise — to be considered credible board members? CISOs also need to understand risk to speak to a board. In addition, CISOs must understand business risk.

Persons: Kakolowski, Nick Kakolowski, Steffen, Chris Steffen, Larry Whiteside, CISO, Ember, Whiteside, CISOs Organizations: IANS Research, CAP Group, Enterprise Management Associates, Cloud Security Alliance, University of South Locations: RegScale, University of South Florida

☆ How Amazon Taught Alexa to Speak in an Irish Brogue
▼ + stars: | 2023-07-01 | by ( Bernhard Warner | ) www.nytimes.com time to read: +1 min

Alexa had dropped the “r” in “party,” making the word sound flat, like pah-tee. The technologists are part of a team at Amazon working on a challenging area of data science known as voice disentanglement. Tackling voice disentanglement involves far more than grasping vocabulary and syntax. Such work may eventually converge with an explosion of “generative A.I.,” a technology that enables chatbots to generate their own responses, researchers said. At the same time, voice assistants like Alexa and Apple’s Siri will become more conversational, potentially rekindling consumer interest in a tech segment that had seemingly stalled, analysts said.

Persons: Tinchev, Alexa, Bard, Apple’s Siri Organizations: Amazon Locations: “, A.I

☆ The ultra-rich hopping on the AI bandwagon might be the biggest sign the tech is legit
▼ + stars: | 2023-06-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

The job of family offices, investment firms tasked with managing the fortunes of the ultra-rich, has never been about getting massive returns. Which is why Hayley Cuccinello's story on family offices investing in artificial intelligence is so fascinating. Hayley spoke to executives at family offices about how they're navigating the modern-day gold rush that is AI investing. Of course, a lot of those deals never materialized and most family offices have now largely eschewed digital currencies altogether. The difference is family offices have largely gotten in on AI long before the bandwagon arrived, Hayley reports.

Persons: Dan DeFrancesco, It's, we've, Samantha Lee, Hayley Cuccinello's, Hayley, it's, Read, Erin McDowell, Goldman, Bill Gates, Morgan Stanley, James Gorman, Caniacs, Jeffrey Cane, Hallam Bullock Organizations: Mastercard, Refinitiv, Intelligence, Gates Ventures, Wall Street, LinkedIn Locations: Here's, Wall, Silicon, insider.com, Spain, Austin , Texas, Midtown Manhattan, New York City, New York, London

☆ EU AI law: Top companies raise alarm over Europe's proposed rules
▼ + stars: | 2023-06-30 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

In an open letter sent to EU lawmakers Friday, C-suite executives from companies including Siemens (SIEGY), Carrefour (CRERF), Renault (RNLSY) and Airbus (EADSF) raised “serious concerns” about the EU AI Act, the world’s first comprehensive AI rules. “Such regulation could lead to highly innovative companies moving their activities abroad” and investors withdrawing their capital from European AI, the group wrote. Race to regulateTech experts have increasingly called for greater regulation of AI as it becomes more widely used. The EU rules are the world’s “first ever attempt to enact” legally binding rules that apply to different areas of AI, according to the European Parliament. The Act also outlines transparency requirements for AI systems.

Persons: Yann LeCun, Hermann Hauser, “, France Valeria Mongelli, Sam Altman, ERIC, ”, Dragos, ” Brando Benifei, CNN “ Organizations: Germany CNN, EU, Siemens, Carrefour, Renault, Airbus, Meta, British, ARM, “, Bloomberg, Getty, US, Tech, SAP, Ericsson, CNN Locations: Dortmund, Germany, Europe, Strasbourg, France, United States, China, Romanian

Search resuls for: "Technologists"

25 mentions found