Tag: AI technology

Jamie Dimon Sees AI Giving a 3 1/2-Day Workweek to the Next Generation
3Oct By adminNo Comments
Technology

Jamie Dimon Sees AI Giving a 3 1/2-Day Workweek to the Next Generation

[ad_1] Jamie Dimon, CEO and chair at JPMorgan Chase, said artificial intelligence is already being used by thousands of employees at his bank, and is likely to make dramatic improvements in workers' quality of life, even if it eliminates some jobs. “Your children are going to live to 100 and not have cancer because of technology,” Dimon said in an interview on Bloomberg TV Monday. “And literally they'll probably be working three-and-a-half days a week.”Dimon, who has called AI “critical to our company's future success,” previously said the technology can be used to help the firm develop new products, drive customer engagement, improve productivity and enhance risk management. The New York-based firm advertised for more than 3,500 related roles between February and April, according to da...
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Pentagon Urges AI Companies to Share More About Their Technology
30Sep By adminNo Comments
Technology

Pentagon Urges AI Companies to Share More About Their Technology

[ad_1] The Defense Department's top artificial intelligence official said the agency needs to know more about AI tools before it fully commits to using the technology and urged developers to be more transparent.Craig Martell, the Pentagon's chief digital and artificial intelligence officer, wants companies to share insights into how their AI software is built — without forfeiting their intellectual property — so that the department can “feel comfortable and safe” adopting it. AI software relies on large language models, or LLMs, which use massive data sets to power tools such as chatbots and image generators. The services are typically offered without showing their inner workings — in a so-called black box. That makes it hard for users to understand how the technology comes to decisions...
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Meta Brings Chatbots, Image Editing to Social Media Apps
28Sep By adminNo Comments
Technology

Meta Brings Chatbots, Image Editing to Social Media Apps

[ad_1] Meta Platforms Inc. is introducing artificial intelligence features to its apps that will give the company's 3 billion users an experience akin to OpenAI's ChatGPT.Customized sticker creation, image editing and a slew of celebrity-faced chatbot characters – all infused with generative AI – are coming to Instagram, Messenger and WhatsApp, the company said Wednesday at its annual Connect developers conference. Meta also introduced a developer studio for brands to build their own AI tools for the company's messaging services that can be used to chat with customers. It's a critical announcement for Meta, demonstrating that it, too, can build AI-based technology that generates text and images based on simple prompts from users. Alphabet Inc.'s Google, Snap Inc. and Microsoft Corp. hav...
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AI Could Fix Australia’s Productivity Crisis, Outgoing Head Says
25Aug By adminNo Comments
Technology

AI Could Fix Australia’s Productivity Crisis, Outgoing Head Says

[ad_1] Australia's outgoing productivity czar has pointed to artificial intelligence as a potentially “significant” driver of a productivity revolution, as the Western world struggles to climb out of a malaise in workplace efficiency.Productivity Commissioner Michael Brennan said AI was one of the most high-potential technologies to improve economic output in coming decades, while emphasizing that it was still in an early phase of development. “If we were to see a revival, a significant revival of productivity growth in the developed world, I would imagine that artificial intelligence is probably a key part of that,” he said in an interview with Bloomberg. Brennan will be succeeded by Chris Barrett after his five-year term ends in September. A government report released on Thursday exam...
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Shocking skill! AI can predict which employees will quit and when
31Jul By adminNo Comments
Technology

Shocking skill! AI can predict which employees will quit and when

[ad_1] Artificial intelligence is being utilized by various companies for workforce management. It is used for a variety of HR operations like records administration, payroll, recruitment, onboarding, performance management, and others. Now, it is also expected to perform more complex tasks such as hiring new employees and other related operations. However, apart from these functionalities, AI has developed new capabilities that will empower managers and HR teams! Shockingly, it has been revealed that AI can now predict employees' career movements and resignations with expected rates and timelines.Check out how this new technology anticipates the career movements of employees well before they actually quit. AI capabilities unleashedAccording to recruitment company Talent Propeller manag...
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What makes Google Bard special? Know its unique features
25Jul By adminNo Comments
Technology

What makes Google Bard special? Know its unique features

[ad_1] We are now entering the age where artificial intelligence will contribute to enter various industries and fields. Earlier, we were made aware of automation and the power of AI technology and now we are experiencing it and there is still huge scope to reach its full potential.Tech giants and AI enthusiasts are constantly experimenting and bringing new AI technologies and tools to the market. One such tool is Google's AI chatbot, Bard. Bard is an AI chatbot that uses natural language processing and machine learning to generate human-like conversations. Google's AI chatbot is still in the development stage, however, it is offering various unique features that set it apart from the rest of the AI chatbots and for a few reasons it is being called the king of the AI universe. Google's ...
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5 things about AI you may have missed today: CJI on AI, Comic-con protest against AI and more
22Jul By adminNo Comments
Technology

5 things about AI you may have missed today: CJI on AI, Comic-con protest against AI and more

[ad_1] Artificial intelligence has refused to fade away into the background for months and it does not look like it will do so in anytime soon, judging by the reactions it has elicited today too. Chief Justice of India (CJI) has warned against misuse of tech, social media, and AI for harmful purposes; Income Tax Department is using AI to combat tax fraud among salaried employees; Hollywood extras say they are at risk of AI technology createing their digital clones- this and more in our daily AI roundup. Let us take a look.1. Chief Justice of India (CJI) warns against misuse of tech, Social Media, and AIChief Justice of India D Y Chandrachud has warned against misuse of technology, social media, and AI. He emphasises the importance of human values and individual privacy, urging for roll ...
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What ChatGPT creator Sam Altman wanted on AI just came true as Google, Microsoft, Amazon fall in line
22Jul By adminNo Comments
Technology

What ChatGPT creator Sam Altman wanted on AI just came true as Google, Microsoft, Amazon fall in line

[ad_1] After ChatGPT stormed to immense popularity over the recent months, its founder, Sam Altman, never let an opportunity pass by where he did not express his strong desire for AI regulations to be created that have some sort of backing from the government. He even toured the world, clamoring for the same from every country's government that he visited. His wishes have just about come true as a number of tech majors have lined up, alongside US President Joe Biden, and promised they will ensure adequate safeguards are taken while creating their AI tools. Notably, many have voiced fears that an unregulated AI environment will lead to the "destruction of humanity", a point of view supported by one of the 'godfathers if AI' Geoffrey Hinton and even billionaire Elon Musk.This new breakthr...
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Facebook parent Meta makes public its ChatGPT rival LLaMA
19Jul By adminNo Comments
Technology

Facebook parent Meta makes public its ChatGPT rival LLaMA

[ad_1] Facebook parent company Meta Platforms has built an artificial intelligence system that rivals the likes of ChatGPT and Google's Bard but it's taking a different approach: releasing it for free.Meta CEO Mark Zuckerberg said Tuesday that the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, known as LLaMA 2, free for research and commercial use. Much like tech peers Google and Microsoft, the social media company has long had a big research team of computer scientists devoted to advancing AI technology. But it's been overshadowed as the release of ChatGPT sparked a rush to profit off of “generative AI” tools that can create new prose, images and other media. Meta has also tried to distinguish itself by be...
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OpenAI’s ChatGPT Bot Probed by FTC Over Consumer Harms
14Jul By adminNo Comments
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...
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