Letter: California's AI bill matters - Financial Times
California'sartificial intelligencesafety bill (SB 1047) represented America's best opportunity to date to establish guardrails and rules of the …
Covers: Banking & FinanceRegulation & PolicyMarkets & InvestmentHallucinations & FabricationMedia & Creative WorkChatbots & LLMsEducationRetail & E-commerceGovernment & Public SectorAI Safety & Existential Risk
California'sartificial intelligencesafety bill (SB 1047) represented America's best opportunity to date to establish guardrails and rules of the …
Financial Times Try unlimited access. Only $1 for 4 weeks · Then $75 per month · New customers only · Cancel anytime during your trial …
...AI risks— rather than hypothetical ones — including those around deepfakes, and misinformation. While California's leadership on AI regulation is …
Banking & FinanceDeepfakes & Synthetic MediaMisinformationRegulation & Policy
Financial Times But are they attuned to the real-worldrisksof AI? Independent firms often pride themselves on having the sort of highly personalised service …
Whether therisksto jobs is real or not, it behoves us all to act like it is given how consequential the costs could be …
Microsoft, Salesforce and Workday latest to centre their plans on 'AI agents' as technology advances. ... Financial & markets regulation ·AI risks …
Financial Times“But also an open conversation about therisksand trade-offs.” Giving the example of “AI-enabled hyper-personalisation of insurance”, Rathi said this …
Financial TimesOpenAI's latest models have “meaningfully” increased theriskthatartificial intelligencewill be misused to create biological weapons, …
Financial Times...AI are currently working to mitigate the cyber securityrisksassociated with generative AI. Companies without a comprehensive AI strategy are …
...AI and the big tech providers, says Newcastle University professor Lilian Edwards. Defining what constitutes systemicriskin generative AI is tricky …
Regulation & PolicyBanking & FinanceEducationChatbots & LLMs
Financial Times Opponents also claimed the bill focused on hypotheticalrisksand added an “extreme” liabilityriskon founders. The bill was amended to soften some …
While there is widespread acceptance of the need to curb therisksof new powerful AI models, critics have argued that Wiener's proposals would stifle …
Millions of jobs in venture-backed companies are atrisk, risking spillover to the wider economy. Despite billions of dollars gushing intoartificial …
More than half of Fortune 500 companies seeartificial intelligenceas a potentialriskto their businesses, according to a new survey of …
First, we learn that generative AI models can “hallucinate”, an elegant way of saying that large language models make stuff up. As ChatGPT itself …
Hallucinations & FabricationBanking & FinanceChatbots & LLMs
By significantly lowering the costs of know-your-customer checks and of assessing money-launderingrisks,AI can, therefore, safeguard an important …
Financial Times The EU says its pioneering legislation will protect humans from AI's dangers. Critics say it is undercooked and will stifle innovation …
Korean tech giantriskslosing disenchanted engineers to domestic rival SK Hynix …
Instead of wreaking political damage,AI-generated content can be useful for election campaigns …
My next guest, Chano Fernandez, is the co-CEO of Eightfold, a platform that uses AI to help businesses manage their people. Right now, Chano …
...AI ecosystem may mitigaterisksand maximise upside in this rapidly evolving field. He cautions that investors should approach generative AI …
China & GeopoliticsBanking & FinanceMarkets & InvestmentChatbots & LLMs
“It creates massive liabilities for science-fictionrisks, and so stokes fear in anyone daring to innovate.” The rapid growth and huge potential of AI …
AI'sthirst for electricityrisksslowing US coal phaseout ... Then $75 per month. Complete digital access to quality FT journalism on any device …
'Hallucinations' in new feature provoke ridicule and raise questions about betting core business on an experimental product …
Financial Times“The EU [in its]AI regulation has one definition, in the Middle East we've got other laws that have another definition . . . it's not just a 'one-and …
The incident highlighted thedangersin the high-pressure arms race around AI. It has the potential to improve accuracy, efficiency and decision- …
Financial Times Artificial intelligencetechnology is presenting newrisks— and new opportunities — to financial institutions hoping to improve their cyber …
A smart machine might call this humanhallucination. ... Researchers are working on ways to further improve generative AI models' episodic memory and …
Hallucinations & FabricationBanking & FinanceChatbots & LLMs
US stock markets suffer their worst run since October 2022 as investors pull back from AI bets …
Financial Times...AI regulation but competition watchdog chief ... In November, Viscount Jonathan Camrose, minister for AI...risks,” a government spokesperson said …
Regulation & PolicyBanking & FinanceGovernment & Public Sector