G7 leaders establish AI regulations, Nvidia CEO considers Malaysia as potential AI manufacturing center: 5 key updates
Let’s take a look at today’s daily roundup, which includes the forging of historic international rules for generative AI by G7 leaders. However, a Stanford report reveals that tech giants have not fulfilled their promises regarding ethical AI. The CEO of Amazon predicts a transformative impact of generative AI on customer experiences. Additionally, New York collaborates with intuition robotics to tackle senior loneliness by introducing AI companions.
1. G7 leaders create historic international rules for generative artificial intelligence
G7 leaders reached a historic agreement on the first international rules for generative artificial intelligence, which apply to both developers and users. The principles emphasize transparency and require public reporting on the capabilities and limitations of artificial intelligence systems. To combat disinformation, the rules require the development of authentication technology. According to a report by Asianews.network, the agreement resulting from the “Hiroshima AI process” aims to lead global responses to the effects of AI on societies and economies and commit to supporting Ukraine amid Russian aggression.
2. Tech giants fail to deliver on ethical AI promises, Stanford report reveals
According to a Stanford University report, tech companies, despite promising support for ethical AI, fall short and prioritize performance metrics over security. Despite publicizing AI principles and hiring experts, companies struggle to prioritize ethical safeguards because of the disconnect between rhetoric and resource allocation. The report, “Walking the Walk of AI Ethics in Technology Companies,” highlights the challenges AI ethics practitioners face, citing institutional support and cultural indifference without identifying specific companies involved, Al Jazeera reported.
3. Amazon’s CEO foresees the transformative impact of generative artificial intelligence on customer experiences
Amazon CEO Andy Jassy predicts in an interview with CNBC that generative artificial intelligence (AI) will revolutionize customer experiences in the company’s companies and consumer companies. Jassy emphasizes the accessibility of generative artificial intelligence to developers and business users, anticipating societal benefits. While acknowledging potential AI risks, he highlights the transformative impact Amazon’s predictive capabilities and Alexa’s progress will have with the extensive language model. Amazon Web Services’ $100 million investment in generative artificial intelligence reflects the company’s commitment to innovation.
4. New York teams up with Intuition Robotics to combat elderly loneliness with AI companions
New York City’s Office on Aging has partnered with Intuition Robotics to address parental loneliness with artificial intelligence companions. Hundreds of free devices have been distributed to seniors, and more are available. One user, Priscilla, finds solace in her AI companion EllieQ, who emphasizes the importance of talking to someone. Gov. Kathy Hochul named Dr. Ruth Westheimer as the state’s honorary ambassador for loneliness, highlighting the mental health crisis associated with social isolation, AP reports.
5. Nvidia’s CEO sees Malaysia as a potential AI manufacturing hub
Nvidia CEO Jensen Huang sees Malaysia as a potential hub for AI manufacturing, citing the country’s expertise in packaging and assembly. While Huang would not confirm talks with Malaysian conglomerate YTL Corp., he praised their leadership. He emphasizes Malaysia’s importance in Southeast Asia’s computing infrastructure and sees YTL as playing a crucial role. According to a CBS news report, Huang credits Malaysia’s successful data center infrastructure and its potential to refine artificial intelligence and cloud computing.
