Tag: World Economic Forum

Quantum Computing to spark ‘cybersecurity armageddon,’ IBM says
17Jan By adminNo Comments
Technology

Quantum Computing to spark ‘cybersecurity armageddon,’ IBM says

[ad_1] Governments and businesses are not prepared for the havoc quantum computers will sow in cybersecurity by the end of the decade, according to an International Business Machines Corp. executive.  “Is quantum going to really create a cybersecurity Armageddon?” Ana Paula Assis, IBM's general manager of Europe, Middle East and Africa, said on a panel at the World Economic Forum in Davos on Wednesday. “It's going to.” Quantum computers, an emerging technology that vastly accelerates processing power by performing calculations in parallel rather than sequentially, will make existing encryption systems obsolete. IBM has developed many of the foundational technologies for the quantum era, which Assis said could arrive by 2030.  We are now on WhatsApp. Click to join.  Some governments are ...
Read More
WEF 2024: Sam Altman and Satya Nadella highlight the future impact of AI
17Jan By adminNo Comments
Technology

WEF 2024: Sam Altman and Satya Nadella highlight the future impact of AI

[ad_1] The World Economic Forum (WEF 2024) at Davos has been going on with full force with various tech CEOs attending the event including OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella. On Tuesday Altman discussed about the future of AI and said it was an energy guzzler and that its future would be secure only if we get an energy breakthrough. Additionally, Microsofit's Satya Nadella also talked about the impact of AI in science. Know what the two tech giants said about Artificial intelligence (AI).Sam Altman and Satya Nadella at DavosThe WEF 2024 commenced on January 15, 2024, and on the second day the most known faces of the tech industry, Sam Altman and Satya Nadella highlighted what the future of AI would look like. While we talk about AI, currently it's in its very initial ...
Read More
Fight For Jobs! Young Staff Must Spend More Time In the Office Because of AI, Says PwC’s UK Boss
16Jan By adminNo Comments
Technology

Fight For Jobs! Young Staff Must Spend More Time In the Office Because of AI, Says PwC’s UK Boss

[ad_1]  Junior staff should spend more time in the office to get quicker promotions, the UK boss of accounting giant PricewaterhouseCoopers said, as AI is poised to take on routine tasks traditionally given to younger workers.Generative AI is removing “tasks that in the past our more junior staff trained and cut their teeth on,” Kevin Ellis, the chair of PwC UK, said during an interview at the World Economic Forum in Davos, Switzerland. Without those tasks, “you've somehow got to get people through the career path faster,” he added. “It's a lot more face-to-face time being important and a lot more developing,” Ellis said. “So you have to get people in the office more working together.” We are now on WhatsApp. Click to join.Companies have been trying to convince staff to spend more time ...
Read More
At Davos, AI, climate change, conflict get top billing as leaders converge for elite meeting
16Jan By adminNo Comments
Technology

At Davos, AI, climate change, conflict get top billing as leaders converge for elite meeting

[ad_1]  The Earth is heating up, as is conflict in the Middle East. The world economy and Ukraine's defense against Russia are sputtering along. Artificial intelligence (AI) could upend all our lives. The to-do list of global priorities has grown for this year's edition of the World Economic Forum gabfest of business, political and other elites in the Alpine snows of Davos, Switzerland. It gets going in earnest Tuesday and runs through Friday.Over 60 heads of state and government, including Israeli President Isaac Herzog and Ukrainian President Volodymyr Zelenskyy will be heading to town to hold both public appearances and closed-door talks. They'll be among more than 2,800 attendees, including academics, artists and international organization leaders. The gathering is mostly high-minde...
Read More
As AI, climate risks rise, global CEOs fear for their firms in pre-Davos survey
16Jan By adminNo Comments
Technology

As AI, climate risks rise, global CEOs fear for their firms in pre-Davos survey

[ad_1] Global executives are increasingly worried about the long term viability of their businesses, a PricewaterhouseCoopers pre-Davos survey showed, with pressures mounting from generative artificial intelligence (AI) and climate disruption. Some 45% of more than 4,700 global CEOs surveyed do not believe their businesses will survive, barring significant changes, in the next ten years, the "Big Four" auditor said. "There's the 55% who think they don't have to change radically, and I would argue that's a little naive because the world is changing so fast around them," PwC Global Chairman Bob Moritz told the Reuters Global Markets Forum (GMF) ahead of the World Economic Forum's (WEF 2024) annual meeting in Davos. Advancements in generative AI were top of the concerns for most survey r...
Read More
5 things about AI you may have missed today: AI bot showcases deception skills, AI threat to jobs, more
3Nov By adminNo Comments
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...
Read More
5 things about AI you may have missed today: Google planning AI ads, AI jobs growing fast, more
18May By adminNo Comments
Technology

5 things about AI you may have missed today: Google planning AI ads, AI jobs growing fast, more

[ad_1] There is never a boring day when it comes to the AI world. Every single day, some new technological breakthrough reimagines our current capabilities. And alongside, influential personalities continue to share concerns on how the rise of AI can be the doom of us all. And somewhere in between, AI does something funny or awesome that keeps social media busy for the entire day. And today was no different as reports revealed that Google is working on AI-generated ads to help companies save costs on marketing via Google. A World Economic Forum report highlights that the AI Specialist job will be the fastest-growing jobs in 2023. And an AI artist uses Midjourney to imagine popular celebrities as elderlies. This and more in our daily AI roundup. Let us take a look. Google plans to create...
Read More