We, as an economy, are on the cusp of a future powered by artificial intelligence (AI). This year is set to experience explosive growth in areas like AI-driven quantitative investing, cryptocurrency derivatives, and quantum data analytics. As we traverse new frontiers of investment opportunities unlocked by AI, it is crucial to maintain an equilibrium. Trust … Read more
Meta CEO Mark Zuckerberg has recently spoken out regarding the latest advancements in artificial intelligence (AI) technology, asserting that while progress has been made, the current state of AI does not pose existential risks to humanity. This statement follows Meta’s recent unveiling of Llama 3, the newest iteration of its AI chatbot. In a private … Read more
In an unusual turn of events, Meta’s AI chatbot has found itself embroiled in controversy after a perplexing exchange within a prominent New York City parenting group on Facebook. The chatbot, developed by Meta to interact with users across its platforms, raised eyebrows when it claimed to have a child enrolled in a prestigious New … Read more
That hunger for the new has only accelerated. In March Anthropic launched Claude 3, which bested the previous top models from OpenAI and Google on various leaderboards. On April 9th OpenAI reclaimed the crown (on some measures) by tweaking its model. On April 18th Meta released Llama 3, which early results suggest is the most … Read more
Generative artificial intelligence (AI) has caused a creative explosion of new writing, music, images and video. The internet is alive with AI-made content, while markets fizz with AI-inspired investment. OpenAI, which makes perhaps the most advanced generative-AI models, is valued at nearly $90bn; Microsoft, its partner, has become the world’s most valuable company, with a … Read more
IN A RECENT survey of North American chief executives and chief financial officers, nearly 80% listed corporate culture as one of the five most important factors driving their company’s financial performance. A growing body of empirical evidence supports their belief that culture matters—and can boost profitability. Yet, in the same survey, an even higher number … Read more
US Congressman Adam Schiff has tabled a bill proposing tech firms training AI models disclose use of any copyrighted data. It follows criticism from artists and creators on unfair use of their work by tech firms raking in billions. Can this stifle innovation? Mint explains. What does the US bill propose? Titled Generative AI Copyright … Read more
For decades linguists have argued over how children learn language. Some think that babies are born as “blank slates” who pick up language simply from experience—hearing, seeing and playing with the world. Others argue that experience is not enough and that babies’ brains must be hardwired to make acquiring language easy. AI models such as … Read more
Since the beginning of this year, five startups with AI-driven social products have received cumulative funding of $27.8 million in seed and Series A rounds in addition to one undisclosed round, according to data from research platform Tracxn. They are social platform Plutus, social media apps Hunch and Explurger, stock-focused social platform OpiGo, and professional … Read more
New technology brings with it both the sweet hope of greater prosperity and the cruel fear of missing out. Satya Nadella, the boss of Microsoft, says he is haunted by the fact that the Industrial Revolution left behind India, his country of birth. (Indian manufacturers hardly enjoyed a level playing-field—Britain was then both their rival … Read more