Tag: ethics
-
Shifting from AI hype to practical, ethical, and sustainable implementation
Regardless of the hype cycle, AI is no longer a distant dream but a tangible reality. For decades, way before generative AI, this technology played a critical role in transforming industries and reshaping the way we do business. However, amid the buzz and excitement, shifting your focus from the hype to the practical implementation of…
-
Use of AI for business governance must improve at the board level
According to Carine Smith Ihenacho, chief governance and compliance officer of Norway’s $1.7 trillion sovereign wealth fund, boards need to be proficient with the use of AI and take control of its application in businesses to mitigate risks. The Norges Bank Investment Fund, which holds considerable shares in almost 9,000 companies worldwide — accounting for…
-
Senators probe OpenAI on safety and employment practices
Five prominent Senate Democrats have sent a letter to OpenAI CEO Sam Altman, seeking clarity on the company’s safety and employment practices. The letter – signed by Senators Brian Schatz, Ben Ray Luján, Peter Welch, Mark R. Warner, and Angus S. King, Jr. – comes in response to recent reports questioning OpenAI’s commitment to its…
-
OpenResearch reveals potential impacts of universal basic income
A study conducted by OpenResearch has shed light on the transformative potential of universal basic income (UBI). The research aimed to “learn from participants’ experiences and better understand both the potential and the limitations of unconditional cash transfers.” The study – which provided participants with an extra $1,000 per month – revealed significant impacts across…
-
Think tank calls for AI incident reporting system
The Centre for Long-Term Resilience (CLTR) has called for a comprehensive incident reporting system to urgently address a critical gap in AI regulation plans. According to the CLTR, AI has a history of failing in unexpected ways, with over 10,000 safety incidents recorded by news outlets in deployed AI systems since 2014. As AI becomes…
-
Apple’s EU AI delay: Innovation vs regulation
Apple announced on Friday that it would block its highly anticipated Apple Intelligence AI features, iPhone Mirroring, and SharePlay Screen Sharing for EU users.
-
AI pioneers turn whistleblowers and demand safeguards
OpenAI is facing a wave of internal strife and external criticism over its practices and the potential risks posed by its technology. In May, several high-profile employees departed from the company, including Jan Leike, the former head of OpenAI’s “super alignment” efforts to ensure advanced AI systems remain aligned with human values. Leike’s exit came…
-
TickLab: Revolutionising finance with AI-powered quant hedge fund and E.D.I.T.H. – AI News
TickLab, founded by visionary CTO Yasir Albayati, is at the forefront of innovation in the financial sector, specializing in deploying advanced decentralized AI into finance. Our company operates as a quantitative hedge fund, focusing on crypto, stocks, and forex markets. With the launch of our cutting-edge Quantitative Decentralised AI Hedge Fund, we offer investors the…