Last week, European Union officials dedicated long hours to reaching a consensus on groundbreaking regulations that will govern the utilization of artificial intelligence within the 27-nation bloc. Known as the Artificial Intelligence Act, these rules represent the most recent effort to regulate technology in Europe, with implications that extend beyond its borders. Here’s a closer look at the AI rules: WHAT IS AI ACT AND HOW DOES IT WORK? The AI Act takes a “risk-based approach” to products or services using AI and focuses on regulating the use of AI…

According to a survey conducted by PwC, a larger proportion of Indian participants are of the opinion that AI will enhance their work productivity, compared to the global average of 31%. However, this is contingent upon their organizations offering them opportunities for upskilling. India can become a pioneer in incorporating AI technology into business if the sector moves forward with proper upskilling, said a PwC report titled ‘India Workforce Hopes and Fears Survey 2023’. 2,502 participants in India responded to the survey, 88 percent of whom were full-time employees. “Amidst…

AI tools have become increasingly popular among professionals and students due to their ability to serve as personal assistants, reducing stress and long hours. These tools are particularly beneficial for individuals with work and assignments. If you are in need of an AI tool that can generate high-resolution images without requiring a significant investment, we have a solution for you. While some centralised services offer such tools, access is often limited to those who can afford to pay. However, the University of Surrey has developed a groundbreaking AI tool called…

DeepMind researchers have made a groundbreaking discovery, suggesting that artificial intelligence (AI) can develop real-time social learning skills without the need for pre-existing human data. In contrast to traditional methods that rely on imitation learning and extensive exposure to data, this study explores the potential for AI to replicate the cultural evolution and social learning that has long been a cornerstone of human intelligence. Imitating experts for accelerated learning In the next step, expert agents were introduced, either coded or human-controlled. AI agents quickly learned that mimicking these experts was…

On Friday, policymakers and lawmakers in the European Union reached an agreement on the world’s inaugural comprehensive regulations for the utilization of artificial intelligence (AI) in various tools like ChatGPT, as well as in biometric surveillance. In the coming weeks, they will work out details that could change the final legislation, which is expected to take effect early next year and take effect in 2026. Until then, companies are encouraged to sign a voluntary AI agreement to implement the main obligations of the rules. Here are the main points agreed:…

In a significant development, the European Union has achieved a preliminary agreement that would impose restrictions on the operations of the advanced ChatGPT model. This move is considered a crucial component of the world’s inaugural comprehensive regulation on artificial intelligence. According to a Bloomberg EU document, all developers of general-purpose AI systems – powerful models with a wide range of uses – must meet basic transparency requirements, unless they are free and open source products. These include: Acceptable Use Policy Keeping up to date with how they trained their models…

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…