Understanding Surveillance Pricing: The FTC’s Inquiry and Its Implications

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Recently, the Federal Trade Commission (FTC) has initiated an investigation into the practice known as “surveillance pricing.” This term refers to the use of artificial intelligence (AI) to rapidly adjust prices based on detailed data about customer behavior and characteristics. The FTC aims to gather more information about how this practice works and its implications

Nuanced Understanding of AI Chatbots and Agents

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In the evolving landscape of artificial intelligence (AI), two terms that frequently emerge are AI chatbots and AI agents. While both are designed to enhance user interaction with technology, they serve distinct roles and offer different capabilities. Understanding these differences is crucial for businesses and individuals looking to leverage AI for various tasks. What are

Generative AI: Will it live up to expectations?

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Generative AI has attracted immense excitement and investment, with companies pouring billions into its development. However, there’s growing concern that the hype surrounding generative AI might be overblown. If the technology fails to live up to its expectations, the market could face significant corrections. This article delves into the massive investments in generative AI, the

Crowdstrike outage: Pervasiveness of Cybersecurity platforms and importance of testing

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Yesterday, CrowdStrike, a well-known cybersecurity company, experienced a significant issue with its threat-monitoring software, Falcon Sensor. This problem led to a massive global IT disruption affecting numerous industries. In this post, we’ll break down what happened, the technical issues involved, how the problem was resolved, and the overall impact of the outage. CrowdStrike’s Falcon Sensor

Understanding Generative Adversarial Networks (GAN)

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Recently, Generative Adversarial Networks (GANs) have gained significant attention in the field of artificial intelligence (AI) for their ability to create realistic images, music, and even text. But what exactly are GANs, and how do they work? This blog post will break down the concept of GANs explaining their components, purposes, and limitations. What are

AI Hallucination

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In the fascinating world of AI, hallucination doesn’t refer to seeing pink elephants. Instead, it means when an AI confidently provides information that’s completely fabricated. Picture asking your phone for the nearest pizzeria and it gives you an address for a restaurant that doesn’t exist. That’s an AI hallucination. Practical Examples of AI Hallucination Why

AI is a now a political candidate

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An artificial intelligence candidate, AI Steve, is on the ballot for the UK’s general election. AI Steve, created by Neural Voice and represented by a Sussex businessman, aims to offer constant communication with constituents through AI. “People can ask AI Steve questions or share their opinions on Endacott’s policies on its website, during which a large

Unlocking the Full Potential of GenAI: Moving Beyond Productivity Tools to Strategic Integration

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Despite the significant hype around generative artificial intelligence (GenAI), most companies are hesitant to invest heavily in the technology. A recent report by Genpact and HFS Research reveals that only 5% of global organizations have achieved mature GenAI initiatives, while 45% are adopting a wait-and-watch approach. This hesitation stems largely from a narrow perception of