Regulators are forcing big tech to rethink its AI strategy

Regulators are forcing big tech to rethink its AI strategy

Trustbusters have big tech in their sights. On March 25th the European Commission opened a probe into Apple, Alphabet (Google’s parent company) and Meta (which is Facebook’s). Regulators in Brussels think the measures which the American technology behemoths have put in place to comply with the Digital Markets Act, a sweeping new law meant to … Read more

‘AI not understanding the art form it replicates, a key concern for regulators’

'AI not understanding the art form it replicates, a key concern for regulators'

At the Mint India Investment Summit 2024, Chaitanya Chinchlikar, vice president and chief technology officer of Whistling Woods, highlighted the legal ambiguities surrounding AI-generated content. He pointed out that AI does not recognize the origins of the images it utilizes to generate new works, leading to complications in copyright claims.  Chinchlikar said that such legal … Read more

What is prompt-engineering for artificial intelligence?

What is prompt-engineering for artificial intelligence?

TRADITIONAL SOFTWARE responds predictably to instructions. “Generative” artificial-intelligence (AI) models, such as that used by ChatGPT, are different: they respond to requests written in everyday language, and can produce surprising results. On the face of it, writing effective prompts for AI is much simpler than, for example, mastering a programming language. But as AI models … Read more

Why AI needs to learn new languages

Why AI needs to learn new languages

OpenAI has not revealed much about how ChatGPT-4 was built. But a look at its predecessor, ChatGPT-3, is suggestive. Large language models (LLMs) are trained on text scraped from the internet, on which English is the lingua franca. Around 93% of ChatGPT-3’s training data was in English. In Common Crawl, just one of the datasets … Read more

AI-generated content is raising the value of trust

AI-generated content is raising the value of trust

It is now possible to generate fake but realistic content with little more than the click of a mouse. This can be fun: a TikTok account on which—among other things—an artificial Tom Cruise wearing a purple robe sings “Tiny Dancer” to (the real) Paris Hilton holding a toy dog has attracted 5.1m followers. It is … Read more

The bosses of OpenAI and Microsoft talk to The Economist

The bosses of OpenAI and Microsoft talk to The Economist

One reason the world’s corporate elite jet off to Davos each year is to check in on important relationships, be they with critical suppliers or big-spending clients. This year many are wondering about their relationships with Microsoft and OpenAI , the startup behind ChatGPT. The companies are the world’s most prominent purveyors of artificial intelligence … Read more

Just how rich are businesses getting in the AI gold rush?

Just how rich are businesses getting in the AI gold rush?

The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more

The landscape of the other AI war is set to change

The landscape of the other AI war is set to change

In recent weeks, some of the best-known players in artificial intelligence have intensified their efforts to gain dominance in the AI space. Anthropic, a startup backed by Google and Amazon, launched Claude 3 Opus. Google launched Gemini, but is back to the drawing board after facing complaints. Meta is spending billions to create AGI, or … Read more

Industry welcomes govt’s move to amend GenAI advisory

Industry welcomes govt's move to amend GenAI advisory

NEW DELHI : The government’s move to amend its 1 March advisory mandating companies developing GenAI- and AI-based tools and features to take explicit government consent before releasing them in the market was welcomed by industry players, as they wouldn’t now need to take any permissions. The amended advisory was issued on 15 March, which … Read more

India’s AI leap: bridging the gap

India’s AI leap: bridging the gap

The Cabinet meeting of 7 March, chaired by the PM, which approved the comprehensive national-level IndiaAI mission with a budget outlay of ₹10,371 crore, should allay the fears. The money allocated to help build the all-critical GPU infrastructure through a public-private partnership model addresses the infrastructure gap that many feared would hold back India’s AI … Read more