ChatGPT-style AI tools that are limited to enterprise information are being considered. Here’s what that technology could mean for you and your organization.
Category: business – Page 72
The Microsoft founder has called time on Amazon’s business as we know it—saying A.I. will make the e-commerce giant obsolete.
Billionaire philanthropist Gates added the developer destined to win the artificial intelligence race will be the one which manages to create a personal agent that can perform certain tasks to save users time.
“Whoever wins the personal agent, that’s the big thing, because you will never go to a search site again, you will never go to a productivity site, you’ll never go to Amazon again,” he explained.
Elon Musk has ruled out the possibility of a winter for artificial intelligence, and hinted that the current boom is just beginning.
“There will not be a winter for AI, quite the opposite,” the business mogul tweeted on Sunday.
Musk’s tweet was in response to comments from Adam D’Angelo, the CEO of Quora, who said he expects to see “continual progress” from where AI currently stands all the way to artificial general intelligence (AGI) – without a period of time that feels like a “winter,” or downturn.
It is fireproof and produces 2,500 fewer tonnes of CO2 in comparison to traditional buildings.
Singapore is now home to the largest wooden building in Asia. Named after the Greek goddess of Earth, Gaia is a 6-story structure inside the Nanyang Technological University (NTU) in Singapore. Students and the Nanyang Business School faculty will use the 43,500m square-meter facility.
As per the press release, Gaia is the eighth such project taken up by the university in its bid to install zero-energy structures to support sustainability.
YouTube.
Named after the Greek goddess of Earth, Gaia is a 6-story structure inside the Nanyang Technological University (NTU) in Singapore. Students and the Nanyang Business School faculty will use the 43,500m square-meter facility.
Many investors worry about the future of Berkshire Hathaway after its legendary CEO Warren Buffett is gone, but most of the conglomerate’s companies have already made the transition to reporting to the man who will eventually replace the 92-year-old.
Buffett himself and executives at Berkshire Hathaway companies like See’s Candy and Dairy Queen say they don’t have any qualms about Vice Chairman Greg Abel’s ability to lead the conglomerate. Abel already oversees all of Berkshire’s noninsurance businesses. So the main parts of the CEO job he’s not already doing are overseeing the insurance side of the company and deciding how to invest Berkshire’s nearly $131 billion in cash.
Buffett reassured investors at Saturday’s annual meeting that he believes Abel is the right man for the job and that he does know how to allocate capital following the same model Buffett uses even if he’s not making those spending decisions now. Plus, Abel did help oversee a number of large acquisitions at Berkshire’s utility unit that he led from 2008 until 2018, including the purchases of NV Energy in Nevada for $5.6 billion and Canadian power transmission firm Altalink for nearly $3 billion.
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When Microsoft-funded lab OpenAI launched ChatGPT in February, millions of people realized almost overnight what tech professionals have understood for a long time: Today’s AI tools are advanced enough to transform daily life as well as an incredibly broad range of industries. Microsoft’s Bing leaped from a distant second place in search to a much higher-profile level. Concepts like large language models (LLMs) and natural language processing are now part of mainstream discussion.
However, with the spotlight also comes scrutiny. Regulators around the world are taking note of AI’s risks to user privacy. The Elon Musk-backed Future of Life Institute amassed 1,000 signatures from tech leaders asking for a six-month pause on training AI tools that are more advanced than GPT-4, which powers ChatGPT.
Tech startup Sanctuary AI has unveiled a general-purpose robot designed to perform many workplace tasks currently handled by people — working with humans or without them.
The challenge: Robots have worked alongside people for decades, and traditionally, they’ve been incredibly specialized — a bot on a General Motors’ assembly line, for example, might move pieces of metal from one place to another over and over again.
This has meant business owners would need to purchase multiple (usually expensive) robots if they wanted to automate multiple tasks.
“There’s no kind of a priori right of this technology to upend our world, our lives and displace our own capabilities. I want technology to augment us, not displace us.”
But the technology that’s enabled Grammarly to expand its core offering could also disrupt it.
Fresh to the CEO role, Rahul Roy-Chowdhury talks about AI legislation, Grammarly’s Russia ban and trying to leverage disruptive technologies.
Who Is Going to Regulate AI?
Posted in business, economics, government, policy, robotics/AI
Summary.
As businesses and governments race to make sense of the impacts of new, powerful AI systems, governments around the world are jostling to take the lead on regulation. Business leaders should be focused on who is likely to win this race, moreso than the questions of how or even when AI will be regulated. Whether Congress, the European Commission, China, or even U.S. states or courts take the lead will determine both the speed and trajectory of AI’s transformation of the global economy, potentially protecting some industries or limiting the ability of all companies to use the technology to interact directly with consumers.
Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.357112 data-title= Who Is Going to Regulate AI? data-url=/2023/05/who-is-going-to-regulate-ai data-topic= Government policy and regulation data-authors= Blair Levin; Larry Downes data-content-type= Digital Article data-content-image=/resources/images/article_assets/2023/05/May23_28_5389503-383x215.jpg data-summary=
As the world reckons with the impact of powerful new AI systems, governments are jostling to lead the regulatory charge — and shape how this technology will grow.
Researchers at the university of chicago.
Founded in 1,890, the University of Chicago (UChicago, U of C, or Chicago) is a private research university in Chicago, Illinois. Located on a 217-acre campus in Chicago’s Hyde Park neighborhood, near Lake Michigan, the school holds top-ten positions in various national and international rankings. UChicago is also well known for its professional schools: Pritzker School of Medicine, Booth School of Business, Law School, School of Social Service Administration, Harris School of Public Policy Studies, Divinity School and the Graham School of Continuing Liberal and Professional Studies, and Pritzker School of Molecular Engineering.