AI Weekly Digest Issue #6

Welcome back to AI Weekly Digest #6, your go-to resource for the most important artificial intelligence news and events from Week 21 of 2023.

As an AI enthusiast, staying informed about the rapid advancements in the field is crucial for both personal and professional growth. Our mission is to bring you a concise and comprehensive roundup of the latest breakthroughs, innovations, and discussions shaping the world of AI.

May 27, 2023

82% Millennials Fear AI Will Threaten Their Pay

A new survey from HR platform Checkr found that 82% of millennials are worried that artificial intelligence (AI) will threaten their pay. The survey, which polled over 1,000 millennials in the United States, found that millennials are particularly concerned about AI being used to automate their jobs or to replace them with lower-paid workers.

From yahoo

Lawyer Admits Using ChatGPT for Legal Research, Cites Bogus Cases

A New York lawyer has admitted to using the AI tool ChatGPT for legal research. The lawyer, Steven A. Schwartz, said he was unaware that the tool could produce inaccurate information.

From bbc

May 26, 2023

AI-powered investment advisors: The future of financial advice?

JPMorgan Chase is developing an AI-powered investment advisor that could rival human financial advisors.

The new service, which is still in development, is called IndexGPT. It uses artificial intelligence to analyze and select securities tailored to customer needs.

IndexGPT is based on the same technology as ChatGPT, a popular AI chatbot that can hold conversations and generate human-quality text. However, IndexGPT is specifically designed for investment advice.

JPMorgan Chase is not the only financial institution that is developing an AI-powered investment advisor. Other banks, such as Goldman Sachs and Morgan Stanley, are also working on similar products.

From cnbc

AI-powered drug discovery could help fight drug-resistant infections

Scientists have used artificial intelligence (AI) to identify a new drug that could help fight drug-resistant infections. The drug, which is still in the early stages of development, was found to be effective against Acinetobacter baumannii, a bacterium that is often found in hospitals and can cause serious infections.

The AI algorithm was trained on a dataset of more than 100 million chemical compounds. The algorithm was able to identify compounds that were likely to be effective against A. baumannii. The most promising compound was then tested in the lab and found to be effective against the bacterium.

The researchers are now working to develop the drug for clinical trials. If successful, the drug could help to combat the growing problem of drug-resistant infections.

From mit

OpenAI CEO Seeks to Calm EU Tension Over AI Regulations

OpenAI CEO Sam Altman is on a global tour to meet with leaders and policymakers to discuss the future of artificial intelligence (AI). In a recent interview with The Business Times, Altman said that OpenAI has no plans to leave the European Union, despite recent tensions over AI regulations.

Altman said that he understands the EU’s concerns about AI, but that he believes that the bloc’s proposed regulations are too strict. He argued that AI regulations should be designed to promote innovation, not stifle it.

Altman’s comments come as the EU is preparing to release its final proposal for AI regulations. The proposal is expected to be released in the coming weeks.

From techxplore

May 25, 2023

Google’s New Generative AI Capabilities Make Search More Powerful and Helpful

Google is starting to open up access to its new generative AI capabilities in Search. The new features, which were first announced at Google I/O in May, will allow users to get more information about a topic faster and easier. For example, if you’re looking to learn how to play the ukulele, you can now type in a query like “ukulele vs guitar” and Google will provide an AI-powered snapshot that compares the two instruments. The snapshot will include information about the history of each instrument, its sound, and its popularity.

In addition to providing more information, the new generative AI capabilities in Search can also help users get things done more easily. For example, if you’re looking for a recipe for chocolate chip cookies, you can now type in a query like “how to make chocolate chip cookies” and Google will provide a step-by-step guide. The guide will include images and videos to help you follow along.

From Google Blog

New AI Tool Makes 2D Pictures Come to Life

A team of researchers has developed a new AI tool that allows people to change 2D pictures into 3D images. The tool, called DragGAN, uses deep learning and computer graphics to create a realistic 3D image of a 2D picture. People can then change the 3D image by dragging and dropping objects, or by rotating and zooming in and out.

From techxplore

Neuralink Receives Approval to Test Brain Chips in Humans

Neuralink, a brain-computer interface startup founded by Elon Musk, has received approval from the FDA to begin human trials of its implantable brain chips. The company plans to start testing the chips in people with severe spinal cord injuries in the coming months.

From fortune

ChatGPT App Now Available in 11 More Countries

The official ChatGPT app is now available in 11 more countries. The app was previously only available in the United States. ChatGPT is a large language model chatbot developed by OpenAI. It can be used for a variety of tasks, including making text, translating languages, writing different kinds of creative content, and answering your questions in a helpful way.

From techcrunch

TikTok Tests AI Chatbot to Help Users Discover New Content

TikTok is testing an in-app AI chatbot called “Tako.” The chatbot is designed to help users find new content on the app. Tako can answer questions about popular videos, creators, and challenges. It can also recommend videos based on a user’s interests. The chatbot is currently being tested in a limited number of countries.

From techcrunch

AI Tool Can Generate Video From Brain Activity

A new AI tool has been created that can make videos from brain activity. The tool, called MinD-Video, was made by researchers at the National University of Singapore and The Chinese University of Hong Kong. MinD-Video uses functional magnetic resonance imaging (fMRI) data to make video frames from the brain’s visual cortex. The tool was able to make high-quality video from both static and moving images.

From techxplore

Nvidia’s AI Boom Lifts Stock Price Toward Trillion-Dollar Valuation

Nvidia, the chipmaker that makes graphics cards for gaming and artificial intelligence, is on the way to becoming the seventh U.S. company to reach a trillion-dollar valuation. The company’s stock price has shot up in recent months due to strong demand for its products from data centers and other businesses that are using AI to power new applications.

From nytimes

OpenAI Threatens to Leave EU Over AI Act

OpenAI, the company behind the popular language model ChatGPT, has warned that it may leave the European Union if it fails to comply with the forthcoming AI Act. The Act, which is still being negotiated, would impose strict rules on the development and use of AI, including requiring companies to obtain a license for certain types of AI systems. OpenAI has said that it is concerned that the Act would be too burdensome and would stifle innovation.

From bbc

May 24, 2023

Opera to Launch AI Side Panel to Compete with Edge

Opera, a popular web browser, is getting its own AI side panel called Aria. Aria will allow users to ask questions, generate text, write code, and more. The panel is still in development, but it has the potential to be a powerful tool for productivity and creativity.

Aria is similar to the AI side panel in Microsoft Edge. However, Aria is more customizable and has a wider range of features. For example, Aria can be used to translate languages, write code, and even generate music.

From theverge

Ex-Google CEO Eric Schmidt warns of existential risk from AI

In an interview with CNBC, former Google CEO Eric Schmidt said that artificial intelligence (AI) poses an existential risk to humanity. He warned that AI could be used to harm or kill people, and that it is important to develop AI responsibly.

From cnbc

May 23, 2023

Microsoft’s Windows Copilot: The AI Personal Assistant That Could Change the Way We Use Our Computers

Microsoft has announced Windows Copilot, an AI-powered personal assistant that will help users with tasks such as writing emails, creating documents, and browsing the web. Copilot is still in development, but it has the potential to revolutionize the way we interact with our computers.

Here are some of the things that Copilot can do:

• Complete code in programming languages like Python, Java, and JavaScript.
• Write emails, memos, and other documents.
• Translate languages.
• Answer questions.
• Browse the web.

From theverge

Microsoft’s AI Tool Copilot Makes Website Building Easy

Microsoft has launched an AI tool called Copilot that can help users build websites without any coding experience. Copilot is powered by the same AI technology that powers Microsoft’s popular AI writing assistant, GPT-3. To use Copilot, users simply need to describe what they want their website to do in natural language. Copilot will then generate code that will create the website.

Copilot is still in preview, but it has the potential to revolutionize the way websites are built. In the past, building a website required a lot of technical knowledge. But with Copilot, anyone can create a website, regardless of their coding skills. This could open up the world of web development to a whole new audience.

From techcrunch

White House Unveils New Plan to Lead in AI Research

The White House on Tuesday announced new efforts to guide federally backed research on artificial intelligence. The new plan, called the “National Artificial Intelligence Research and Development Strategic Plan,” aims to ensure that the United States remains a leader in AI research and development. The plan calls for increased investment in AI research, the development of ethical guidelines for AI development, and the creation of a national AI workforce.

Here are some of the key goals of the plan:

• Increase investment in AI research and development.
• Develop ethical guidelines for AI development.
• Create a national AI workforce.

The plan is a significant step forward for the United States in the global AI race. The United States has long been a leader in AI research, but it faces increasing competition from China and other countries. The new plan will help the United States maintain its leadership in AI and ensure that the benefits of AI are shared by all Americans.

From techxplore

Meta Open-Sources Speech AI Models to Help People Around the World

Meta has open-sourced its Massively Multilingual Speech (MMS) project, which includes speech recognition and text-to-speech models for over 1,100 languages. The models are trained on a massive dataset of audio and text, and they can be used to build a wide range of applications, such as voice assistants, language learning tools, and accessibility software.

Meta is making the MMS models open-source in order to help people around the world access the benefits of speech AI. The models are available for free to anyone who wants to use them, and they can be customized to meet the needs of different languages and cultures.

From artificialintelligence-news

Photoshop Unveils New AI Tool That Can Transform Your Pictures with a Text Prompt

Adobe has unveiled a new artificial intelligence tool for Photoshop that can transform your pictures with a text prompt. The tool, called “Neural Filters,” uses machine learning to automatically edit your photos based on your instructions. For example, you could tell Neural Filters to “make me look like a movie star” or “turn this landscape into a painting.”

Neural Filters is still in beta, but it has already been used to create some stunning images. One user created a photo of themselves that looked like they were standing in the middle of a painting by Vincent van Gogh. Another user used Neural Filters to turn a photo of a city into a cyberpunk scene.

Neural Filters is a powerful new tool that has the potential to change the way we edit photos. It’s easy to use and it can produce amazing results. If you’re a Photoshop user, I highly recommend checking it out.

From independent

Red Hat Brings Generative AI to IT Automation with Ansible Lightspeed

Red Hat has announced Ansible Lightspeed, a new generative AI service that is designed to make IT automation easier and faster. Ansible Lightspeed uses machine learning to generate Ansible playbooks, which are used to automate IT tasks. This can save IT teams a significant amount of time and effort, and it can help to reduce the risk of errors.

Ansible Lightspeed is currently in technical preview, but it is expected to be generally available in the coming months. Red Hat is offering a free trial of Ansible Lightspeed to interested customers.

From techcrunch

AI Startup Anthropic Raises $450 Million to Build Safer Chatbots

Anthropic, an artificial intelligence startup, has raised $450 million in funding to develop a safer kind of chatbot. The company’s chatbot, named Claude, is designed to be more transparent and accountable than other chatbots on the market. Claude will be able to explain its reasoning behind its responses, and it will be subject to human oversight.

Anthropic believes that Claude has the potential to revolutionize the way we interact with computers. The company envisions a future where chatbots are used for everything from customer service to education to healthcare. Claude could help to make these interactions more efficient, effective, and enjoyable.

The funding round was led by Peter Thiel’s Founders Fund, with participation from other investors such as Jeff Bezos, Elon Musk, and Sam Altman. The money will be used to develop Claude and to expand Anthropic’s team.

From bloomberg

May 22, 2023

Bill Gates Predicts AI Agents Will Replace Search and Shopping Sites

Bill Gates, co-founder of Microsoft, believes that the top artificial intelligence (AI) agent will replace search and shopping sites within the next decade. He made this prediction at the AI Forward 2023 conference in San Francisco.

Gates said that the top AI agent will be able to do everything that search and shopping sites can do, but better. It will be able to understand natural language, learn user preferences, and make personalized recommendations. This will make it much easier for users to find the information and products they need.

Gates also said that the top AI agent will be able to do things that search and shopping sites cannot do. For example, it will be able to help users with tasks such as scheduling appointments, managing finances, and even writing emails. This will make it a valuable tool for users of all ages.

From reuters

AI-Generated Fake Image of Pentagon Explosion Goes Viral, Stoking Fears of Misinformation

A fake image of an explosion at the Pentagon briefly went viral on social media on Monday, stoking fears about the potential for artificial intelligence to be used to create and spread disinformation.

The image, which appeared to show a large plume of smoke rising from the Pentagon, was quickly shared by thousands of people on Twitter and other platforms. However, it soon became clear that the image was fake. It had been created using a generative AI model, which can be used to create realistic images from text descriptions.

The spread of the fake image highlights the need for caution when consuming information on social media. It also raises concerns about the potential for AI to be used to create and spread disinformation on a large scale.

From techxplore

OpenAI Leaders Call for International AI Regulation

OpenAI leaders Sam Altman, Greg Brockman, and Ilya Sutskever have called for the creation of an international regulatory body for artificial intelligence. In a blog post, the leaders argue that AI is developing rapidly and that the potential risks of the technology are significant. They say that an international body is needed to ensure that AI is developed and used safely and responsibly.

The leaders propose that the regulatory body would be responsible for setting standards for AI development and use. The body would also be responsible for monitoring compliance with those standards and for taking action against those who violate them.

From techcrunch

How Artificial Intelligence is Revolutionizing Video Game Design

Artificial intelligence (A.I.) is rapidly changing the way video games are designed. In the past, game developers had to create all of the art, music, and code for their games by hand. This was a time-consuming and labor-intensive process. However, A.I. can now be used to automate many of these tasks, freeing up developers to focus on more creative aspects of game design.

One of the most promising applications of A.I. in video game design is in the creation of characters. A.I. can be used to generate realistic and expressive characters in a fraction of the time it would take a human artist. This allows developers to create more characters, with more variety, in their games.

From nytimes

Google’s AI-Powered Flood Forecasting to Help Protect People Worldwide

Google has announced that its AI-powered flood forecasting system is now available in more than 200 countries and territories around the world. The system uses machine learning to analyze a variety of data sources, including weather forecasts, river levels, and satellite imagery, to predict where and when floods are likely to occur. This information is then shared with local authorities and communities so that they can take steps to protect people and property.

Google’s flood forecasting system has already been used to help save lives and property in a number of countries. In India, for example, the system was used to issue early warnings of a major flood in the Patna region in 2022. As a result of the warnings, thousands of people were able to evacuate their homes before the floodwaters arrived.

From axios

AI to Fuel Profits Boom Over Next 10 Years, Goldman Sachs Says

In a new report, Goldman Sachs analysts predict that artificial intelligence (AI) will drive a profits boom over the next 10 years. The report, titled “The AI Revolution: The Next Decade of Profits,” estimates that AI could add $10 trillion to global GDP by 2030.

From yahoo

May 21, 2023

AI Chatbot Puts Students’ Diplomas in Jeopardy

A professor at Texas A&M University-Commerce threatened to fail his entire class after he accused them of using an AI chatbot to write their essays. The professor, Jared Mumm, said he used a plagiarism checker to detect that the essays had been written by a computer. However, students in the class say they did not use ChatGPT to cheat, and they are now worried about their grades and their ability to graduate.

The incident has raised concerns about the use of AI in education. Some experts say that AI could be used to help students learn, but others worry that it could be used to cheat. The incident at Texas A&M University-Commerce is a reminder that AI is a powerful tool that can be used for good or for bad.

From washingtonpost

Hedge Funds See Big Potential in AI Stocks

Hedge funds increased their bets on artificial intelligence (AI) stocks in the first quarter of 2023, according to a new report from Goldman Sachs. The report found that hedge funds increased their exposure to AI stocks by 12% in the first quarter, making it the second-largest sector allocation for hedge funds after technology.

The report attributed the increase in hedge fund exposure to AI stocks to a number of factors, including the continued growth of the AI market, the increasing availability of AI data and computing power, and the growing number of successful AI-powered companies.

The report also found that hedge funds were particularly bullish on AI stocks in the healthcare, financial services, and industrial sectors.

From cnbc

Every week, we’ll meticulously curate a selection of stories from top AI media outlets and distill them into a digestible format, ensuring you stay up-to-date with the latest developments without having to spend hours browsing the web. From groundbreaking research to real-world applications, ethical debates to policy implications, AI Weekly Digest will be your essential guide to navigating the ever-evolving landscape of artificial intelligence. Join us on this exciting journey as we explore the future of AI together, one week at a time.