Tag: Brad Smith

AI impact: From N Chandrasekaran, Arvind Krishna to Brad Smith, know what these tech titans said
Technology

AI impact: From N Chandrasekaran, Arvind Krishna to Brad Smith, know what these tech titans said

[ad_1] Artificial intelligence is being looked at in two ways globally. It is a great opportunity to boost productivity across the spectrum of human activity, but at the same time, this new tech has the potential to hurt humanity, even cause its extinction. Caught in between are the developers who are actually working out the potential and how much they can milk it for profit. In this situation, a number of tech leaders have gathered in New Delhi to attend the B20 Summit India 2023 organised by CII.Technology leaders have spoken at length on Friday and the gist of their speeches indicates that they think AI can enhance productivity, but they have urged policy-makers that the development of AI must happen in a responsible manner. Arvind KrishnaIBM Chairman and Chief Executive Officer Arv...
AI impact: From N Chandrasekaran, Arvind Krishna to Brad Smith, know what these tech titans said
Technology

AI impact: From N Chandrasekaran, Arvind Krishna to Brad Smith, know what these tech titans said

[ad_1] Artificial intelligence is being looked at in two ways globally. It is a great opportunity to boost productivity across the spectrum of human activity, but at the same time, this new tech has the potential to hurt humanity, and even cause its extinction. Caught in between are the developers who are actually working out the potential and how much they can milk it for profit. In this situation, a number of tech leaders have gathered in New Delhi to attend the B20 Summit India 2023 organised by CII.Technology leaders have spoken at length on Friday and the gist of their speeches indicates that they think AI can enhance productivity, but they have urged policy-makers that the development of AI must happen in a responsible manner. Arvind KrishnaIBM Chairman and Chief Executive Officer...
People want to be confident AI will remain under human control: Microsoft President Brad Smith
Technology

People want to be confident AI will remain under human control: Microsoft President Brad Smith

[ad_1] Microsoft has partnered Sam Altman led OpenAI, a company that was famously funded by billionaire Elon Musk, to make rapid strides in the field of artificial intelligence. The company has taken up the cudgels against other tech majors including the likes of Google and Meta Platforms. This puts the company's president, Brad Smith, in the perfect position to speak on the issue that has divided the globe down the middle about its massive potential for good as well as an equal potential to do harm to humanity.Speaking at the B20 Summit India 2023 in New Delhi, Microsoft President Brad Smith on Friday stressed on the need for "real clarity" around goals and principles of AI regulation. Making his company's stance clear, he called for a "regulatory blueprint" that will require action at...
5 things about AI you may have missed today: Alibaba launches AI models, Microsoft President warns against AI and more
Technology

5 things about AI you may have missed today: Alibaba launches AI models, Microsoft President warns against AI and more

[ad_1] AI Roundup: Microsoft President Brad Smith today warned against the rapid development of AI as it could lead to tech companies making similar mistakes as the early years of social media. On the other hand, IBM CEO Arvind Krishna claimed that AI could not only increase productivity, but also lower business costs.All this, and more in our today's AI roundup. 1. Alibaba launches two AI modelsWith the growing demands in the field of AI, Alibaba launched two AI models on Friday. As per a CNBC report, the two models, named Qwen-VL and Qwen-VL-Chat, will be open source, allowing developers around the world to utilize them. The Qwen-VL-Chat bot is capable of carrying out more complex conversations than its predecessor and it can answer a multitude of questions. It can also generate image...
How the Microsoft-Activision Deal Came Back From the Dead
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How the Microsoft-Activision Deal Came Back From the Dead

[ad_1] If Microsoft Corp. completes its acquisition of Activision Blizzard in the coming months, the $69 billion deal will go down as one of the biggest comeback stories in the history of mergers.By this past April, the gaming industry's biggest acquisition ever appeared doomed. US regulators had filed a challenge to the takeover and their counterparts in the UK had blocked it outright. But Microsoft resurrected the purchase earlier this summer, deploying what amounted to a bluff that pitted US and UK regulators against each another. And on Tuesday the UK agreed to open a fresh probe of the transaction, following an offer from Microsoft to sell the cloud rights of current and future Activision games released over the next 15 years to Ubisoft Entertainment SA. If the transaction clears t...
Amazon, Google, Meta and other tech firms agree to AI safeguards set by the White House
Technology

Amazon, Google, Meta and other tech firms agree to AI safeguards set by the White House

[ad_1] President Joe Biden said Friday that new commitments by Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology to meet a set of AI safeguards brokered by his White House are an important step toward managing the “enormous” promise and risks posed by the technology.Biden announced that his administration has secured voluntary commitments from seven U.S. companies meant to ensure their AI products are safe before they release them. Some of the commitments call for third-party oversight of the workings of commercial AI systems, though they don't detail who will audit the technology or hold the companies accountable. “We must be clear eyed and vigilant about the threats emerging technologies can pose," Biden said, ad...
Microsoft president goes to Europe to shape AI regulation debate
Technology

Microsoft president goes to Europe to shape AI regulation debate

[ad_1] Microsoft President Brad Smith on Thursday talked up the benefits of regulating artificial intelligence and how the U.S. software giant can help, reiterating a message to a Brussels audience that he delivered in Washington last month.Together with Twitter-owner and Tesla CEO Elon Musk, Smith has sought to court regulators and lawmakers with calls for regulating AI, a technology that has drawn massive public interest with the arrival of Microsoft-backed OpenAI's ChatGPT. Big Tech has shared suggestions on how best to regulate AI, which could help to blunt some of the impact of such rules on their business. The European Union is working out the details of rules known as the AI Act, a global first that could set the benchmark for other countries."Our intention is to offer constructi...
Microsoft tells UK it will license ‘Call of Duty’ to Sony for 10 years
Technology

Microsoft tells UK it will license ‘Call of Duty’ to Sony for 10 years

[ad_1] Microsoft said it would license Activision Blizzard's "Call of Duty" (CoD) to Sony for 10 years to address concerns raised by Britain over its $69 billion takeover of the games maker, according to a document published by the regulator. Microsoft last month struck a similar deal with Nvidia Corp's gaming platform, dependent on it getting the go-ahead for the much-contested acquisition. Microsoft President Brad Smith had said he hoped that rival Sony - which has strongly opposed the takeover - would consider doing the same type of deal. Britain's Competition and Markets Authority (CMA) in February said the deal could weaken the rivalry between Microsoft's Xbox and Sony's PlayStation, and stifle competition in cloud gaming. It suggested that structural remedies could be nee...
Spotify CEO renews attack on Apple after Musk’s salvo
Technology

Spotify CEO renews attack on Apple after Musk’s salvo

[ad_1] Spotify's CEO Daniel Ek renewed his attack on Apple in a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling innovation". Spotify's CEO Daniel Ek renewed his attack on Apple on Wednesday in a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling innovation and hurting consumers". Ek tagged a number of sympathetic business leaders in his 21-tweet thread, including Musk, Microsoft president Brad Smith, and Proton founder Andy Yen. On Monday, the world's richest person Elon Musk criticized the fee Apple charges software developers - including his Twitter business - for in-app purchases, and posted a meme suggesting he was willing to "go to war" rather than pay it. Spotify...
Microsoft President Wants More Training for Workers to Fight Climate Change
Technology

Microsoft President Wants More Training for Workers to Fight Climate Change

[ad_1] Brad Smith says employees need to learn more about carbon accounting, green procurement and supply chain management for companies to fight global warming. Microsoft Corp. President Brad Smith is calling for companies, schools and governments to dramatically increase training workers for new and redesigned roles tackling the climate crisis. The software giant, which has pledged to remove more carbon than it emits by 2030, says the lack of skills in areas like carbon accounting, green procurement and supply chain management is a threat to the kind of progress needed to arrest global warming.The company, along with the Boston Consulting Group, studied 15 companies they said were leading the pack in sustainability innovation to produce a report on what's needed. Microsoft plans to ...