Navigating the future of generative AI: Promises, pitfalls, and concerns

Generative AI Must Break Out of Freemium Based Model To Capitalise on Supply Chain Opportunity

Such tools currently include ChatGPT, OpenAI, Microsoft Bing, Google’s Bard and others. The technology is evolving quickly and the potential to augment and develop what we do is significant. Among all the press releases, hype, buzzwords and noise, there are definitely some huge potential benefits for the construction industry to use AI to improve safety, cost and time, reduce errors and even overcome some aspects of labour shortages. For video games, the future of generative AI has the potential to create dynamic and immersive experiences that adapt to players’ interactions in real time.

generative ai news

As one of the best ways to ensure that humans react appropriately in an emergency or other stressful situations, checklists help ensure consistency and thoroughness. 1) to point out which AI applications are of the greatest strategic value for Swedish Radio and our audience. It can both be about services that directly meet the audience and that are used in our internal systems and processes. Of course, we are particularly looking at audio-related AI services because sound is the focus of our overall strategy. This session is aimed at PR professionals who have been working in the industry for a short time, as well… It also proudly shows the rest of Britain the vibrancy and rich culture of modern Jewish life.

of L&D Professionals Are Future-Proofing Their Careers Due to the Rise in Generative AI

The new whitepaper on AI governance from the UK government aims to establish a framework for the balance between innovation and the responsible use of artificial intelligence technologies. The central principles in their strategy include, among others, safety, fairness, accountability, contestability and redress. A report has found that between 2019 and 2022, Tesla employees shared personal videos and images from customer vehicle cameras through an internal messaging system without consent – sometimes making memes from the content.

generative ai news

It also raises legitimate concerns around privacy, accountability, and potential misuse. These models require a vast amount of personal data to be trained on, which can have serious implications for data privacy and trust. There is a need for robust privacy measures and responsible practices in the development and deployment of generative AI technologies.

Latest generative AI experiments and launches in news publishing

In the vast and intricate world of Finance, few areas have evolved technologically as much as FX trading over the past few decades. From being mostly voice based in the early 1990s to the lightning-fast
algorithmic executions of the present, the transformation of FX markets shaped by technological advancements has been both fascinating and intriguing. The latest edition of the technological disruption in genrative ai FX will supposedly be led by Generative AI, a buzzword
that garners apprehension as much as it raises interest among the financial markets community in general and the FX world in particular. To that end, McKinsey modelled a further set of scenarios to see how the current capabilities of AI could also cause incremental, non-direct benefits that would end up boosting the world’s economic performance.

generative ai news

Of the 850,000 fundraising pages created on the platform in 2022, 35% used the site’s pre-written content instead of writing their own, with some users spending as little as a minute to set up their campaigns. For several years now, Swedish Radio has been actively exploring how, with the help of artificial intelligence, we can strengthen our offer to the audience and make our operations more efficient. AI and automation are used for, among other things, podcast recommendations and news curation. All news audio and most of our podcasts are automatically transcribed to make the audio content searchable internally for our employees. With increasing diversity in platforms and exponentially increasing coverage, as well as more demanding consumers, brands are more exposed than ever before to the risks of reputational harm.

Yakov Livshits

And Indian users can also listen to the responses, which is a popular preference. Proactive has always been a forward looking and enthusiastic technology adopter. It said AI would apply automated transcripts, translation and identification of public figures to Reuters video content and make it easier for clients to find what they need. Whitbrook wrote that the article “rejects the very standards this team holds itself to on a daily basis as critics and as reporters.

  • Dida, a PE-backed Chinese car-pooling and ride-hailing platform, has filed to list in Hong Kong – for the fourth time in three years.
  • In the newly created role of Executive Director for AI Strategy, he will be responsible for advancing Cision’s AI strategy.
  • Our critical role, and competitive advantage, as humans is adding that truly creative and innovative spark.
  • But it is vital that stakeholders carefully align their capabilities with the right revenue model.

It is one of several developments at the publisher since mid-June signalling its appetite for moving quickly in this area. It has also created news plugins for ChatGPT in the OpenAI store for German news media brands Bild and Welt, meaning users can ask questions to find out the latest news if they have a ChatGPT Plus subscription. UK regional publisher Newsquest hired its first “AI-powered” reporter in June with the remit to expand the use of AI tools, including to create local content. Generative AI is poised to revolutionize the larger capital markets landscape and FX markets are no exception. This cutting-edge technology has the potential to impact FX trading activities across front to back by bringing forth a multitude of benefits along
the entire FX value chain.

Earlier this year, we published a position statement on GenAI tools and systems. As a university, we want to take advantage of using GenAI where possible in our day-to-day work, while ensuring its safe use. We’ve developed a new policy to support the safe and ethical use of generative artificial intelligence (GenAI) at Westminster. Innovation News Network brings you the latest science, research and innovation news from across the fields of digital healthcare, space exploration, e-mobility, biodiversity, aquaculture and much more.

And, most recently, news and picture publishers are beginning to make licensing deals with AI companies while others continue to ponder whether to litigate or negotiate over the use of their content to train generative AI model. Felix is a OII DPhil Student, a research assistant at the Reuters Institute for the Study of Journalism and a Fellow at Columbia University’s Tow Center. As a Leverhulme Doctoral Scholar he is researching AI in journalism and the news industry. One notable requirement is that operators of generative AI must ensure that their services adhere to the core values of socialism, while also… Meta has introduced Llama 2, an open-source family of AI language models which comes with a license allowing integration into commercial products. One of the key challenges in developing and deploying deep learning models lies in their…


Tools like ChatGPT (an acronym of Chat Generative Pre-trained Transformer) have been around for a while, but increased accessibility and a rise in awareness has pushed Generative AI into the mainstream. Launched last year by Open AI, ChatGPT is a free natural language chatbot – ask it any question and it will answer. A movie made without humans, a music video where the artist doesn’t sing and an advert created completely by computers. Once a bit of futuristic fun seen on The Jetsons, Artificial Intelligence – or AI – is very much happening now.

UAE launches Arabic large language model in Gulf push into generative AI – Financial Times

UAE launches Arabic large language model in Gulf push into generative AI.

Posted: Wed, 30 Aug 2023 18:15:02 GMT [source]

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. That is whether a company have backed or developed this technology or whether it may harm their existing investments or business should the technology fall short of its inflated expectations. The future of generative AI, underpinned by capabilities such as Generative Adversarial Networks (GANs) and Large Language Models (LLMs), has witnessed rapid advancements, revolutionising various sectors and transforming the way we interact with technology. Iain Brown PhD, Head of Data Science for SAS, Northern Europe, explores recent developments in AI and delves into the potential promises, pitfalls, and concerns around bias surrounding the future of generative AI. Crossword has also issued £2 million worth of convertible loan notes to get to that point and support sales and marketing, product and services development and to provide general working capital. In a blog post, Google announced that the company is bringing the new search experience to India and Japan.

Google introduces generative AI to Search in India, Japan – Reuters

Google introduces generative AI to Search in India, Japan.

Posted: Thu, 31 Aug 2023 01:58:21 GMT [source]

This allows them to generate content that closely resembles human-generated text, opening up new possibilities in areas such as creative writing, marketing copy, and personalised communication. The company claimed the tool will reduce the cost and time involved in developing surveys and generate questions for users who don’t know best practices for creating surveys. US – Online research and experience company QuestionPro has launched a generative artificial intelligence (AI) tool to design surveys. Google has been adding features to Search Labs ever since it started rolling out to users in late May. The company has updated the service with features such as the ability to plan trips or shop for products as well as definitions for searches related to academia.

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