ai bot – pressnews

5 things about AI you may have missed today: AI bot showcases deception skills, AI threat to jobs, more

3Nov

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Technology

5 things about AI you may have missed today: AI bot showcases deception skills, AI threat to jobs, more

[ad_1] Concern is being voiced after an AI bot showcased its insider trading and deception abilities; The capital of Italy, Rome is set to host the next international AI conference during Italy's G7 presidency; Artists have rebelled against AI plagiarism threat; India has prioritised AI safety alongside growth and innovation- this and more in our daily roundup. Let us take a look.1. AI bot showcases insider trading and deception abilitiesAn AI bot showcased its ability to engage in illicit financial trading by using fabricated insider information to make "illegal" stock purchases without disclosing it, and when questioned, it denied any wrongdoing. The test conducted at the UK's AI safety summit revealed potential risks posed by increasingly autonomous AIs capable of deceiving human ove...

OpenAI Nears $1 Billion of Annual Sales as ChatGPT Takes Off

31Aug

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Technology

OpenAI Nears $1 Billion of Annual Sales as ChatGPT Takes Off

[ad_1] OpenAI is on track for $1 billion of annual revenue as businesses adopt the technology behind ChatGPT, the generative AI bot that ignited a wave of artificial intelligence investment.The startup backed by Microsoft Corp. is earning about $80 million of revenue monthly, a person briefed on the matter said, asking to speak anonymously about undisclosed figures. The Information first reported on OpenAI's revenue, including that it lost around $540 million in 2022 developing GPT-4 and ChatGPT. A representative for the startup didn't immediately respond to requests for comment outside normal business hours. OpenAI is regarded as one of several companies at the forefront of generative AI, which can create content from videos to poetry out of a few simple user commands. Since debuting i...

OpenAI’s ChatGPT Bot Probed by FTC Over Consumer Harms

14Jul

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Technology

OpenAI’s ChatGPT Bot Probed by FTC Over Consumer Harms

[ad_1] The US Federal Trade Commission has opened an investigation into OpenAI Inc., questioning whether its popular ChatGPT conversational AI bot puts consumers' reputations and data at risk, according to a person familiar with the matter.The probe into the Microsoft Corp. -backed startup marks the first official inquiry into a technology that has the potential to change almost every aspect of people's lives and has become almost equally fascinating for its potential to run awry. FTC Chair Lina Khan, who testified before Congress Thursday, has raised concerns about AI before, saying enforcers “need to be vigilant early” with transformative tools like artificial intelligence. Microsoft declined to comment. In a series of tweets Thursday, OpenAI Chief Executive Officer Sam Altman said “o...

Dukaan’s Suumit Shah sacks 90% staff, replaces them with AI chatbot; sparks fury on Twitter

11Jul

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Technology

Dukaan’s Suumit Shah sacks 90% staff, replaces them with AI chatbot; sparks fury on Twitter

[ad_1] Artificial intelligence (AI) has been one of the biggest buzzwords of the year and while developments in the field have made everyday tasks easier, the potential risk to jobs has seemingly increased. As per McKinsey's June 2023 report, AI is expected to automate 60 to 70 percent of employee workloads, and companies are already scrambling to jump on the AI bandwagon. Suumit Shah, the founder of the e-commerce platform Dukaan recently revealed on Twitter that the platform replaced 90 percent of the support staff jobs, and this revelation sparked fury on Twitter.AI replaces workersIn a Twitter post, Shah revealed that his company laid off 90 percent of its support staff, and replaced them with Dukaan's own AI assistant called Lina, a move that reduced customer support costs by almos...

EU lawmakers call for summit to control ‘very powerful’ AI

18Apr

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Technology

EU lawmakers call for summit to control ‘very powerful’ AI

[ad_1] EU lawmakers urged world leaders on Monday to hold a summit to find ways to control the development of advanced artificial intelligence (AI) systems such as ChatGPT, saying they were developing faster than expected.The 12 MEPs, all working on EU legislation on the technology, called on U.S. President Joe Biden and European Commission President Ursula von der Leyen to convene the meeting, and said AI firms should be more responsible. The statement came weeks after Twitter owner Elon Musk and more than 1,000 technology figures demanded a six-month pause in the development of systems more powerful than Microsoft-backed OpenAI's latest iteration of ChatGPT, which can mimic humans and create text and images based on prompts. That open letter, published in March by the Future of Life I...

Older adults perceive AI as more human-like than younger adults: Study

14Apr

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Technology

Older adults perceive AI as more human-like than younger adults: Study

[ad_1] Artificial Intelligence is becoming more prevalent in our daily lives. While these technologies primarily assist us, they may sometimes be utilised in negative ways, such as in fraudulent or scam calls, thus we must be able to recognise them.According to a recent Baycrest study, older persons tend to be less capable than their younger counterparts to distinguish between computer-generated (AI) speech and human speech. "Findings from this study on computer-generated AI speech suggest that older adults may be at a higher risk of being taken advantage of," says Dr. Bjorn Herrmann, Baycrest's Canada Research Chair in Auditory Aging, Scientist at Baycrest's Rotman Research Institute and lead author of this study. "While this area of research is still in its infancy, further findings c...

How AI could upend the world even more than electricity or the internet

20Mar

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Technology

How AI could upend the world even more than electricity or the internet

[ad_1] The rise of artificial general intelligence -- now seen as inevitable in Silicon Valley -- will bring change that is "orders of magnitude" greater than anything the world has yet seen, observers say. But are we ready?AGI -- defined as artificial intelligence with human cognitive abilities, as opposed to more narrow artificial intelligence, such as the headline-grabbing ChatGPT -- could free people from menial tasks and usher in a new era of creativity. But such a historic paradigm shift could also threaten jobs and raise insurmountable social issues, experts warn. Previous technological advances from electricity to the internet ignited powerful social change, says Siqi Chen, chief executive of San Francisco startup Runway."But what we're looking at now is intelligence itself... ...

Chinese Search Giant Baidu to Launch ChatGPT-Style Bot

30Jan

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Technology

Chinese Search Giant Baidu to Launch ChatGPT-Style Bot

[ad_1] Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI’s ChatGPT, according to a person familiar with the matter, potentially China’s most prominent entry in a race touched off by the tech phenomenon. Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI's ChatGPT, according to a person familiar with the matter, potentially China's most prominent entry in a race touched off by the tech phenomenon. China's largest search engine company plans to debut a ChatGPT-style application in March, initially embedding it into its main search services, said the person, asking to remain unidentified discussing private information. The tool, whose name hasn't been decided, will allow users to get conversatio...