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The Financial Stability Oversight Council (FSOC) has identified the use of artificial intelligence (AI) in financial services as a potential vulnerability in the financial system. The FSOC report highlights risks such as cyber and model risks, alongside potential benefits like cost reduction and improved efficiency. The report suggests ongoing monitoring of AI advancements, and enhancement … Read more Financial System: AI, a potential chink in our armor

The year 2023 has seen significant developments in artificial intelligence (AI) policies on a global scale. Three key milestones have marked this year, including U.S. President Joe Biden’s executive order on artificial intelligence, the U.K.’s AI Safety Summit, and the E.U.’s AI Act. These actions reflect the world’s increased focus on addressing the risks and … Read more Top AI Policy Triumphs to Remember from This Year

Wondery Sports Podcast has introduced an AI host named “Striker” on its daily show, The Lead: Starting Five. The AI sports anchor, crafted from machine learning algorithms, assists with the writing and provides sports updates specifically for listeners in the New York area. Despite the innovative introduction, the AI’s presentation has been criticized for being … Read more Meet Striker, the AI Host Rocking Wondery Sports Podcast Now.

Key points: The EU’s Artificial Intelligence Act has come under criticism for loopholes which permit the use of artificial surveillance technologies for law enforcement. Despite the Act’s focus on transparency and consumer-friendliness, critics worry about the inclusion of “narrow exceptions” which allow the use of biometric identification technologies in public spaces for law enforcement purposes. … Read more Governments seem keen on AI surveillance running amok

Key Points: With less than a year to the 2024 U.S. presidential election, there is increasing concern about the potential of accessible generative AI tools to disrupt the process and spread misinformation. Experts warn about domestic and foreign actors using AI to influence the election’s outcome and criticize social media platforms for letting down on … Read more AI’s 2024 election: brace for 100 million bots and deepfakes.

Glidance, a robotics startup, has developed a device that aims to help sight-impaired individuals navigate safely and independently. The device perceives the world around it and leads the user on a safe path to their destination. The device is designed to be affordable, with a price tag similar to that of a new cell phone. … Read more Warehouse Automation: The pulsing heart of state logistics.

Kodak Alaris has partnered with Carahsoft Technology Corp to deliver data capture and workflow automation solutions to the public sector. Under the deal, Carahsoft will be the Public Sector Distributor for Kodak Alaris’ products. The products will be made available to the public sector through Carahsoft’s reseller partners and contracts. Empowered by decades of image … Read more Kodak Alaris, Carahsoft unite for public sector data automation solutions

Google’s recently released note-taking application, NotebookLM, is an AI assistant designed to provide insights from the user’s data. However, there are limitations and it hasn’t proven to be a useful business tool yet. The application can accept PDFs and copied text but not spreadsheets, documents, or URLs. It also doesn’t perform well for complex tasks … Read more AI Scoop: Google’s NotebookLM Still Under Wraps

Key Points: Researchers at the Massachusetts Institute of Technology (MIT) developed a new metric called “Minimum Viewing Time” (MVT) to analyze the complexity of image recognition for AI systems. The MVT measures the time needed for accurate human identification of an image. This research has established that larger AI models showed progress on simpler images, … Read more Today’s AI stumbles on the hurdle of accurate image recognition.