use of AI – pressnews

[ad_1] AI Roundup: Punjab CM Bhagwant Mann announced plans to use AI technology to enhance the efficiency of the state police. On the other hand, US Federal Reserve Governor Lisa Cook suggested that AI has the potential to boost labor productivity, though questions still remain for policymakers. In a separate development, AI is being employed to quicken the process of finding suitable patients for clinical trials, which could potentially saving lives. All this, and more in today's AI roundup. 1. AI to aid Punjab Police, says CMPunjab CM Bhagwant Mann said on Friday that AI will be used to enhance the efficiency of the state police. As per a PTI report, Mann said that the use of AI will aid in making the Punjab Police a frontrunner in AI. The Punjab CM highlighted that the state faces a...

[ad_1] Wall Street's main regulator is unveiling proposed restrictions for brokerages and money managers that use artificial intelligence to interact with clients.The US Securities and Exchange Commission approved a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms adopt the technologies. The agency also adopted final rules requiring companies to disclose serious cybersecurity incidents within four business days after they're deemed significant. The AI proposal is the latest salvo from Washington regulators concerned about the technologies' power to influence everything from credit decisions to financial stability. Companies would need to assess whether their use of predictive data analytics or AI poses conflicts...

Tag: use of AI

5 things about AI you may have missed today: Punjab Police leveraging AI, AI-powered labor productivity, more

Wall Street’s Use of AI and Data Analytics Faces New SEC Rules