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
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
Meredith Whitney’s article in the Financial Times discusses a significant proposal that could enable homeowners to access nearly $1 trillion by allowing Freddie Mac to purchase secondary mortgages. This initiative could potentially escalate to $3 trillion if other entities like Fannie Mae and Ginnie Mae join. This move is designed to provide a more cost-effective
The General Data Protection Regulation (GDPR), a cornerstone of privacy law in the European Union, has undergone several updates aimed at strengthening data protection and streamlining enforcement. As technology evolves and data becomes an increasingly critical asset, these updates are essential for both protecting consumers and clarifying the responsibilities of organizations. Here’s an overview of
Imagine a world where technology can read your thoughts and emotions, where machines can tap into the deepest recesses of your mind. This might sound like something out of a science fiction movie, but it’s closer to reality than you might think. Neurotechnology is a groundbreaking field that focuses on understanding and interacting with the
A recent study published in “Nature” (https://lnkd.in/e8YAz5vC) reveals alarming projections regarding the economic impact of climate change. The research, conducted by scientists at the Potsdam Institute for Climate Impact Research (PIK), suggests that even with drastic reductions in CO2 emissions, the world economy is poised to suffer a significant income reduction of 19% by 2050.
Tennessee, renowned as the birthplace of country music, has taken a groundbreaking step towards safeguarding the rights of musicians against the perils of artificial intelligence (AI). Governor Bill Lee recently approved legislation aimed at shielding songwriters, performers, and music professionals from the potential misuse of AI technology. The new law, known as the Ensuring Likeness,
In the dynamic landscape of artificial intelligence (AI), ensuring responsible and ethical use has become paramount. The rise of AI technologies brings with it a myriad of opportunities and challenges, necessitating the establishment of frameworks that guide their deployment. One such crucial development is the emergence of the Responsible AI License (RAIL). This groundbreaking license
Hollywood hyperbole Terminator, iRobot, Eagle Eye are some of the most iconic AI themed Hollywood movies. The cinematic trinity of Terminator, iRobot, and Eagle Eye paints vivid dystopian landscapes, echoing our collective fear of AI’s potential dark turn. In these thought-provoking movies, artificial intelligence transcends its intended purpose, evolving into formidable entities that challenge humanity’s
OpenAI recently asserted before a UK parliamentary committee that developing leading AI systems like ChatGPT would be “impossible” without using vast amounts of copyrighted data. The company argued that advanced AI tools require such extensive training that adhering strictly to copyright laws would be unfeasible. In written testimony, OpenAI emphasized that the pervasive nature of