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Microsoft is accusing The New York Times of "unsubstantiated" claims in the publisher's lawsuit filed in December against OpenAI, a case that could have major implications for the future of generative artificial intelligence. In a motion to dismiss part of the suit on Monday, Microsoft said the Times presented a false narrative of "doomsday futurology" in which OpenAI's ChatGPT chatbot will decimate the news business. "In this case, The New York Times uses its might and its megaphone to challenge the latest profound technological advance: the Large Language Model," attorneys for Microsoft wrote. In its lawsuit, the Times accused OpenAI and Microsoft of copyright infringement and abusing the newspaper's intellectual property in training LLMs. A New York Times spokesperson didn't immediately respond to a request for comment.

Persons: Microsoft Corporation Satya Nadella, OpenAI, didn't Organizations: Microsoft Corporation, Economic, Microsoft, New York Times, OpenAI, Times, The New York Times Locations: Davos, Switzerland, OpenAI

☆ What the SEC climate disclosure rule may mean for investors
▼ + stars: | 2024-03-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Climate disclosures would be made in annual filings companies make to the SEC, such as a Form 10-K, and in registration statements filed before an initial public offering. "I think climate disclosures have largely become table stakes for the investment community," said Lindsey Stewart, director of investment stewardship research at Morningstar. Current climate disclosures are 'uncommon'Ships on the Panama Canal on August 21, 2023. Shipping experts fear such events could become the new normal as rainfall shortfalls highlight climate risks. The SEC proposal outlined three tiers of emissions disclosures: Scopes 1, 2 and 3.

Persons: Gary Gensler, Win Mcnamee, —, Lindsey Stewart, Daniel Gonzalez, Stewart, They'd, Rachel Curley, Hurricane Idalia, Christian Monterrosa, Cowen, Patrick McHenry, Sen, Tim Scott, Bill Huizenga, Chris Ratcliffe, They're Organizations: Securities, Exchange, Financial Services, General, Getty, The Securities, Exchange Commission, SEC, Morningstar, Panama Canal Authority, Shipping, Anadolu Agency, P Global, Corporations, U.S . Sustainable Investment, Hurricane, Bloomberg, Republicans, Economic, Deloitte Locations: Washington, Panama, U.S, Cedar Key , Florida, R

☆ Top executives say they’re training workers on AI. Managers and employees disagree
▼ + stars: | 2024-03-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.

Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, — Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland

☆ Elon Musk sues OpenAI and CEO Sam Altman over contract breach
▼ + stars: | 2024-03-01 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Elon Musk is suing Microsoft -backed OpenAI and its CEO Sam Altman, among others, alleging they abandoned the company's founding mission to develop artificial intelligence "for the benefit of humanity broadly." "To this day, OpenAI, Inc.'s website continues to profess that its charter is to ensure that AGI benefits all of humanity.' In reality, however, OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft," the lawsuit filing said. Musk's lawyers said in the lawsuit that OpenAI's focus on maximizing profits for Microsoft breaks that agreement.

Persons: Sam Altman, Elon Musk, Altman, OpenAI, Greg Brockman, Musk Organizations: Economic, Microsoft, San Locations: Davos, Switzerland, San Francisco

☆ 'Stupidity' poses a bigger threat than AI, CEO of Italian defense giant Leonardo says
▼ + stars: | 2024-03-01 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Roberto Cingolani, chief executive officer of Leonardo SpA, during an interview in London, UK, on Tuesday, Jan. 23, 2024. The chief executive of Italian defense group Leonardo said Friday that he's more concerned about the "stupidity" of users of artificial intelligence rather than the threats posed by the technology itself. "With this in mind, artificial intelligence is a tool. It is an algorithm made by humans, that is run by computers made by humans, that controls machines made by humans. I am more afraid, more worried [about] national stupidity than artificial intelligence to be honest," he added.

Persons: Roberto Cingolani, Leonardo SpA, Leonardo, he's, António Guterres, Guterres, CNBC's Organizations: U.N, Economic, International Monetary Fund, D.C Locations: London, Davos, Switzerland, Washington

☆ Salesforce shares slip after the company calls for single-digit full-year revenue growth
▼ + stars: | 2024-02-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Salesforce shares slid as much as 6% in extended trading on Wednesday after the business software maker issued a light revenue forecast for the new fiscal year. Here's how the company did, compared with estimates from LSEG:Earnings per share: $2.29, adjusted, vs. $2.26 expected$2.29, adjusted, vs. $2.26 expected Revenue: $9.29 billion, vs. $9.22 billion expectedSalesforce's revenue grew 10.8% year over year in the quarter, which ended on Jan. 31, according to a statement. Salesforce called for adjusted fiscal first-quarter earnings of $2.37 to $2.39 per share, with $9.12 billion to $9.17 billion in revenue. Analysts polled by LSEG had been expecting $2.20 in adjusted earnings per share on $9.15 billion in revenue. For the new 2025 fiscal year, Salesforce said it sees adjusted earnings of $9.68 to $9.76 per share and $37.7 billion to $38.0 billion in revenue.

Persons: Marc Benioff, Salesforce, LSEG Organizations: Salesforce, Economic, Amazon Web Services Locations: Davos, Switzerland

☆ Mark Zuckerberg's Asia trip is all about making AI friends
▼ + stars: | 2024-02-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Mark Zuckerberg isn't just in Asia to enjoy Japanese McDonald's and hit the ski slopes. The meetings will put Meta's AI and mixed reality ambitions front and center as competition grows. The likes of Meta's AI chief Yann LeCun have pushed back on suggestions that open-source AI is dangerous because the sheer volume of resources any bad actor would need to use an AI model maliciously makes it highly untenable. Meta's mission to build businessPoliticians won't be the only thing on Zuckerberg's mind on his Asian trip. Meta's line of mixed reality headsets, the Quests, finally face a formidable foe following Apple's release of the Vision Pro this month.

Persons: Mark Zuckerberg isn't, —, Mark Zuckerberg, Kokaji, Zuckerberg, Fumio Kishida, Sam Altman, Kishida, Yoon Suk, OpenAI's Altman, FABRICE COFFRINI, Yann LeCun, ROBYN BECK, Getty Zuckerberg, Jay Y, Lee Organizations: Service, Japan's, Japan Times, South, Bloomberg, Economic, Business, Meta, Vision, Apple, LG Electronics, Samsung Locations: Asia, Japan, Davos, South Korea, Switzerland, Seoul

"Normal people do not use OpenAI's products in this way," OpenAI wrote in the filing. The news outlet's lawsuit, filed in December, seeks to hold Microsoft and OpenAI accountable for billions of dollars in damages. In the past, OpenAI has said it's "impossible" to train top AI models without copyrighted works. "We expect our ongoing negotiations with others to yield additional partnerships soon," OpenAI wrote in the filing. But in the filing, OpenAI says the content is vital to training today's AI models.

Persons: Sam Altman, OpenAI, Altman, Axel Springer, — CNBC's Ryan Browne Organizations: Economic, The New York Times, New York Times, Microsoft, House, Times, Bloomberg, CNN, Fox Corp, CNBC PRO Locations: Davos, Switzerland, Manhattan

☆ Investors and execs eye Trump's potential return to the White House
▼ + stars: | 2024-02-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe 2024 presidential election seems destined to be the rematch many voters have been expecting : President Joe Biden against former President Donald Trump. So what would Trump's return to the White House mean for stocks? President Joe Biden gives remarks on the conflict between Israel and Palestine at the White House in Washington on October 7, 2023. During his speech, President Biden reiterated the United States' support for Israel. Amanda Andrade-Rhoades/For The Washington Post via Getty ImagesAmong the world's more powerful people, opinions are divided on the impact of Trump's return.

Persons: we've, Donald Trump, Donald Trump grins, Chip Somodevilla, Joe Biden, Trump, Nikki Haley, Haley, Biden, Trump's, that's, Matthew Fox, James Reilly, Amanda Andrade, Rhoades, didn't, Jamie Dimon, Dimon, Ray Dalio, Tesla, Warren Buffett, Berkshire Hathaway, Charlie Munger, Francois G . Durand, Jenny Chang, Rodriguez, Dick Costolo, Elon, Rebecca Zisser, Gen Zers, Millennials, Uber, Dow, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: South, GOP, Trump, South Carolina GOP, Gov, Nasdaq, Capital Economics, White, Israel, Washington, Getty, Economic, CNBC, Bridgewater, Nvidia, Berkshire, SpaceX, Dow Jones, US Locations: New Hampshire, China, Capital, Israel, Palestine, Washington, United States, Russia, Ukraine, New York, London, Chicago

☆ Jamie Dimon on Capital One's $35.3 billion Discover acquisition: 'Let them compete’
▼ + stars: | 2024-02-26 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. JPMorgan Chase CEO Jamie Dimon isn't worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover Financial gets approved. Dimon, speaking to CNBC's Leslie Picker from a Miami conference, acknowledged that if regulators approve the Capital One-Discover deal, his bank will be eclipsed as the nation's biggest credit-card lender. The deal has two major components: the credit card business and the payment network, Dimon noted. It's unclear if Capital One can create a true alternative to the dominant card networks in Visa and Mastercard with this deal, Dimon said.

Persons: Jamie Dimon, JPMorgan, JPMorgan Chase, Jamie Dimon isn't, Dimon, CNBC's Leslie Picker, Richard Fairbank, Richard Organizations: JPMorgan Chase, JPMorgan, Discover Financial, Capital, Visa, Mastercard, American Locations: Davos, Switzerland, Miami

☆ Here's the playbook tech companies like AllTrails, Canva, and Kayak are using to dominate the charts in OpenAI's new GPT Store.
▼ + stars: | 2024-02-20 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +9 min

Its GPT, which generates images from text prompts, is currently ranked second overall on the GPT Store. And all three companies' GPTs have been highlighted at the top of the GPT Store website as "OpenAI's Picks." Advertisement"Sometimes finding trails can be overwhelming because there are so many different places to go," Graham told Business Insider. In addition to GPT Store, companies are thinking more broadly about how AI fits into their business models. "Now we're also investing time in using AI to make our team faster and more efficient, too."

Persons: —, OpenAI, Canva, Anwar Haneef, Matthias Keller, James Graham, Sam Altman, Graham, GPTs, Sam Altman's, Keller, we're, Haneef Organizations: Service, Business, Uber, Sequoia Capital Global, Bessemer Venture Partners, Greenoaks, Booking Holdings, OpenAI, Economic, Canva Locations: Davos, Canva, ChatGPT

☆ Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
▼ + stars: | 2024-02-16 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Swiss Re CEO Christian Mumenthaler gestures during a session of the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. Insurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive market environment after a "batch of bad years." The Zurich-headquartered company posted full-year net profit of $3.2 billion, in line with expectations according to an LSEG-compiled consensus. Reinsurance refers to insurance for insurance companies. Looking ahead, Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.

Persons: Christian, Christian Mumenthaler, CNBC's, Mumenthaler Organizations: Swiss, Economic, Insurance, Swiss Re Locations: Davos, Zurich, Hurricane, Florida

☆ Microsoft, Google, Amazon and tech peers sign pact to combat election-related deepfakes
▼ + stars: | 2024-02-16 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation in 2024 elections. The industry is specifically targeting deepfakes, which use deceptive audio, video and images to mimic key stakeholders in democratic elections or to provide false voting information. Microsoft , Meta , Google , Amazon , IBM , Adobe and chip designer Arm all signed the accord. News of the accord comes a day after ChatGPT creator OpenAI announced Sora, its new model for AI-generated video. The accord reflects the industry's effort to take on "AI-generated election misinformation that erodes trust," he said.

Persons: Sam Altman, OpenAI, Sora, Kent Walker, Christina Montgomery Organizations: Economic, Microsoft, Meta, Google, IBM, Adobe, Tech Locations: Davos, Switzerland

☆ Women in Iceland want you to know it's not a gender equality utopia, despite what the statistics say
▼ + stars: | 2024-02-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +22 min

AdvertisementBoth Icelandic and foreign-born women told BI that though they largely feel safe in Iceland, it's no feminist paradise. "That was like a wake up call for many women," Thorgerdur J. Einarsdóttir, professor of gender studies at the University of Iceland, told BI. Some groups of women are more vulnerable to violence and low wages, including foreign-born women, women with disabilities, and trans women, the interviewees said. Older generations fight so younger ones can flourishBut despite these concerns, the women BI spoke to said that they largely felt safe living in Iceland. Women BI spoke to largely said they felt optimistic about the changes that future generations would bring.

Persons: —, Arni Torfason, Saadia Zahidi, Valenttina Griffin, Grace Dean, Adolphsdóttir, Einarsdóttir, Vigdís Finnbogadóttir, Sigurðardóttir, Iceland's, Halldor Kolbeins, Sonja Ýr Þorbergsdóttir, Þorbergsdóttir, Inclusivity, Alice Olivia Clarke, Mads Claus Rasmussen, Ritzau Scanpix, they'd, Steinars, she'd, she's, Ása Steinars, Alondra Silva Muñoz, Griffin, Silva Muñoz, Sigrún, Rósa, that's, Shruthi Basappa, I've, it's, Jewells Chambers, Silva Muñoz –, millennials –, … Organizations: Service, Viking Women, Stockings, Women's Rights, Nordic, Red Stockings, United Nations, Farmers ' Union, University of Iceland, Getty, Iceland, UN, Statistics, Sweden –, Icelandic Teachers ' Union, SEI Locations: Iceland, Reykjavik, Icelandic, Denmark, AFP, Canada, Norway, Sweden, Statistics Iceland, Colombia, Lithuania, Spain, Poland, India, Chile, WomenTechIceland, it's, Brooklyn, New York City, Thorhildur

☆ Layoffs could be coming to Morgan Stanley's wealth management business at a critical time
▼ + stars: | 2024-02-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Layoffs could be coming to Morgan Stanley's crucial wealth management business — a prudent step to improving the bank's overall cost structure amid uncertainty over Federal Reserve interest rate moves. During his tenure at the helm, Gorman pivoted Morgan Stanley to rely less on investment banking by building up wealth management, which has a more predictable revenue stream. MS YTD mountain Morgan Stanley (MS) year-to-date performance Possible layoffs in wealth management are important because it's Morgan Stanley's largest operating segment — making up roughly half of companywide revenue. "Morgan Stanley's paying you to wait with that 4% yield, and they're right in there buying with you thanks to their aggressive buyback." Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.

Persons: Morgan Stanley's, Morgan Stanley, Ted Pick, CNBC's, James Gorman, Jan, Gorman, it's Morgan, Pick, Jim Cramer, Jim Cramer's, Jim, Adam Galici Organizations: Wall Street, Silicon Valley Bank, Currency, CNBC Locations: Silicon, management's, U.S, Wells Fargo, Davos, Switzerland

☆ Microsoft's AI growth is helping its cloud business weaken Amazon's lead
▼ + stars: | 2024-02-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft CEO Satya Nadella appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. While Microsoft doesn't disclose revenue figures for its Azure cloud infrastructure, analyst figures suggest that five years ago it was half as big as AWS. In total, revenue at Azure increased 30% in the quarter, compared with 13% year-over-year growth at AWS. Microsoft has been adding graphics processing units (GPUs) to its data centers so that clients can run AI models in Azure. "We now have 53,000 Azure AI customers," CEO Satya Nadella told analysts on the company's earnings call.

Persons: Satya Nadella, Amy Hood, Microsoft's, OpenAI's ChatGPT, Jamin Ball, Andy Jassy Organizations: Economic, Amazon, Services, Microsoft, OpenAI, GPT, AWS Locations: Davos, Switzerland, Anthropic

☆ As AI creates more 6-figure, remote work opportunities, 'the upside is high, but so are the risks,' experts say
▼ + stars: | 2024-02-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Mark Kashef had long considered finance the most stable, lucrative field you could work in — until the release of ChatGPT. Kashef adds that, in the long term, he wouldn't be surprised if AI surpassed finance in terms of job opportunities and earning potential. AI brings new fears and opportunities for workersEconomists and HR experts say the future of the AI job market is bright — but its success isn't guaranteed. "If you look at the descriptions for AI job postings, many of the roles are still very exploratory, alluding to building or testing new products," Pollak says. Several industries outside of tech have demonstrated a clear, consistent interest in hiring for AI jobs, including retail, finance, health care and education, Pollak notes.

Persons: Mark Kashef, ChatGPT, Kashef, it's, wouldn't, —, Julia Pollak, Pollak, Trey Causey, Causey, Ryan Sutton, Robert Half Organizations: Ottawa, Queen's University, Companies, Meta, Netflix, Amazon, Business Locations: —, Kingston , Ontario, ODAIA, Toronto

U.S. Sen. Chris Coons and German Chancellor Olaf Scholz were seeing double when they met in Washington, D.C., this week and went on social media to share their mirror image with the world. Scholz met with President Joe Biden as well as members of Congress, where he and Coons posed for the lighthearted image shared on their respective accounts on X, formerly Twitter. Scholz was in Washington to emphasize the stakes of the Ukraine conflict for the U.S., Europe and others. Russian President Vladimir Putin earlier this week repeated his claim that the February 2022 invasion was intended to protect his nation’s interests. “Without the support of United States, and without the support of the European states, Ukraine will have not a chance to defend its own country,” Scholz said.

Persons: Sen, Chris Coons, Olaf Scholz, Coons, Scholz, Joe Biden, ” Coons, ”, —, ” Scholz, Vladimir Putin Organizations: Washington , D.C, Delaware Democrat, Ukraine, Economic Locations: Washington ,, Russia, Davos, Switzerland, Washington, Ukraine, Europe, Russian, United States

☆ El-Erian, Krugman and other economists have very different opinions on China’s struggling economy
▼ + stars: | 2024-02-09 | by ( Zahra Tayeb | ) www.cnbc.com time to read: +4 min

Chinese leader Xi Jinping said on New Year's Eve that the nation's economy had grown "more resilient and dynamic this year." Meanwhile, famed hedge fund manager and founder of Dallas-based Hayman Capital Kyle Bass said the country's heavily indebted property market has triggered a wave of defaults among public developers. That's a problem, given China's real estate market can account for as much as a fifth of the nation's GDP. "This is just like the U.S. financial crisis on steroids," Bass said, referring to China's default-ridden property market. The Institute of International Finance said Beijing has the policy capacity to push China's economy toward its growth potential and stuck to its above consensus forecast for 2024 growth at 5%, in a recent blog post.

Persons: Eswar Prasad, Mohamed El, Xi Jinping, there's, Paul Krugman, Krugman, Kristalina Georgieva, Hayman, Hayman Capital Kyle Bass, Bass, isn't Organizations: Future Publishing, CSI, China's National Bureau, Statistics, Allianz, International Monetary Fund, Nikkei, New York Times, Monetary Fund, Economic, IMF, Dallas, Hayman Capital, of International Finance Locations: Jiangsu, China, Nikkei Asia, U.S, Europe, tatters, Davos, Beijing

☆ AI researcher Joy Buolamwini cautions that if AI systems fail people of color, they fail humanity
▼ + stars: | 2024-02-08 | by ( Monica Melton | ) www.businessinsider.com time to read: +17 min

We’re growing some teeth as to what can be done with AI, but we also see where there’s progress, there’s attack. One of the things I like to point out with AI systems is that if your AI systems fail on people of color, you don’t have a robust system. If your AI doesn’t work on the global majority, if your AI doesn’t work for women, if your AI doesn’t work for people with disabilities, once you start expanding all of the areas we’re talking about, it comes to your AI doesn’t work for humanity. To me, that’s a proactive approach of saying, how do we build consumer AI technology in a way that’s more ethical? I was talking to Sam Altman about the climate impact of AI, especially these large language models and generative AI systems.

Persons: Joe Biden, Joy Buolamwini, Buolamwini, It’s, ”, we’ve, it’s, I’ve, there’s, We’ve, you’re, aren’t, Simone Biles, Biden, Sam Altman, Olay, we’re, There’s, We’re, that’s Organizations: Service, League, Business, Federal Trade Commission, Procter, Gamble, Big Tech Locations: Davos

☆ Joy Buolamwini's 'Unmasking AI' unearths the bias in AI technologies and aims to hold Big Tech to account
▼ + stars: | 2024-02-07 | by ( Monica Melton | ) www.businessinsider.com time to read: +6 min

Business Insider reviewed "Unmasking AI: My Mission to Protect What Is Human in a World of Machines." Readers come away understanding AI, how it can perpetuate bias, and what we can do about it. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Buolamwini especially documents the coded gaze applied to facial recognition AI technologies, which serve as the subject for much of Buolamwini's research. There, 90% of tenants were people of color, mostly women and older adults — all groups that facial recognition has been scientifically proven to be less accurate on.

Persons: Joy Buolamwini, —, Buolamwini, flexes, Joe Biden, it's, Buolamwini's, Simone Biles, Let's Organizations: Service, MIT, Business, Georgia Tech, Economic, National Institute of Standards, Technology Locations: Mississippi, Ghanaian, Brooklyn, Davos

☆ Meta Calls for Industry Effort to Label A.I.-Generated Content
▼ + stars: | 2024-02-06 | by ( Mike Isaac | ) www.nytimes.com time to read: +1 min

Last month at the World Economic Forum in Davos, Switzerland, Nick Clegg, president of global affairs at Meta, called a nascent effort to detect artificially generated content “the most urgent task” facing the tech industry today. On Tuesday, Mr. Clegg proposed a solution. Meta said it would promote technological standards that companies across the industry could use to recognize markers in photo, video and audio material that would signal that the content was generated using artificial intelligence. The standards could allow social media companies to quickly identify content generated with A.I. “While this is not a perfect answer, we did not want to let perfect be the enemy of the good,” Mr. Clegg said in an interview.

Persons: Nick Clegg, Clegg, Meta, Mr Organizations: Economic, Meta, Google, Microsoft, Adobe Locations: Davos, Switzerland

☆ AI was the talk of Davos. Here's what marketers need to know
▼ + stars: | 2024-02-05 | by ( Jill Kramer | ) www.businessinsider.com time to read: +5 min

Generative AI was the hot topic at the 2024 World Economic Forum in Davos, Switzerland. In 2024, the dominant conversation across all types of attendees was the impact and future of generative AI: specifically how to responsibly, creatively, and effectively use it across the organization. Generative AI requires a fundamentally different enterprise architecture. Take intentional actions to design, deploy, and use generative AI to drive value while protecting from risks, helping you close the gap on responsible AI. Generative AI will let marketers drive continuous reinvention and become even more critical to the business.

Persons: Jill Kramer, —, Adena Friedman Organizations: Accenture, Service, Economic, Nasdaq, Accenture's Locations: Davos, Switzerland, activations, they're

☆ L'Oreal tells workers to come to the office on Fridays twice a month
▼ + stars: | 2024-02-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

L'Oreal wants staff globally to work in the office on Fridays at least twice a month. The beauty company currently requires employees to work in the office three days a week. AdvertisementCosmetics giant L'Oreal has told employees to come to the office at least two Fridays a month to tackle diminishing attendance at the end of the week, The Times reported Sunday . L'Oreal employees are currently expected to be in the office three days a week. The company's CEO Nicolas Hieronimus recently reaffirmed the company's firm stance on in-person working while speaking at the World Economic Forum in Davos last month.

Persons: —, Rinderknech, Nicolas Hieronimus Organizations: L'Oreal, Service, Times, Business, Economic, LinkedIn Locations: Davos

☆ India's moment has arrived — but many hurdles remain
▼ + stars: | 2024-02-04 | by ( Spriha Srivastava | Polly Thompson | ) www.businessinsider.com time to read: +8 min

India's economy is expected to expand by 6.5% this year, according to IMF forecasts. The world's most populous nation was keen to talk up its prospects at the World Economic Forum in Davos. Advertisement"India has seized the moment," proclaimed housing minister Hardeep Singh Puri with confidence during a panel at the World Economic Forum in Davos last month. The 10-strong group of emerging market nations now accounts for 45% of the world's population and 28% of global GDP. AdvertisementSome economists have criticized the government's narrative as a "false growth story," highlighting discrepancies in the data and criticizing the methods used to calculate economic growth.

Persons: —, Hardeep Singh, Smriti Irani, BI's Spriha Srivastava, that's, Narendra Modi's, Cash, Modi, SAJJAD HUSSAIN, I've, Andy Baldwin, EY, Narendra Modi, Brazil's Luiz Inácio Lula da Silva, Dan Kitwood, Getty, ISRO Goldman Sachs, Ashoka Mody, Rajesh Kumar Singh, Vladimir Putin, Singh Organizations: Economic, Service, BI, IMF, Business, Apple, ISRO, Princeton University, World Bank, US, of, Hindustan Times, Harvard Business Locations: Davos, India, China, Japan, Brazil, China India, India's, Ukraine

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