Washington, D.C. AI Job Threat Reaches New High: Biden and Xi to Sign AI Agreement!
According to a recent analysis, the concern of AI posing a threat to jobs is at its highest in Washington, D.C. In 2024, a majority of Americans believe that AI will bring about a revolution in the healthcare industry. Google has taken legal action against hackers in India and other locations who are spreading harmful AI advertisements on Facebook. A scientist from MIT is urging CFOs to adjust their risk tolerance in order to adapt to the rapid impact of generative AI. These are just a few highlights from our daily roundup.
1. Artificial intelligence threatens jobs
The latest analysis by job search engine Salarship reveals that Washington, D.C. facing the highest US AI employment. The study ranks states and territories based on AI vulnerability. California tops the list with 5.3 million jobs at risk, followed by Texas. , Florida, New York and Illinois. Washington D.C. stands out with a higher percentage of high-risk jobs, indicating increased exposure to employment challenges posed by AI, Fox Business reports.
2. Most Americans believe that AI will revolutionize healthcare in 2024
More than half of US adults (51%) are optimistic about major advances in healthcare through new artificial intelligence (AI) applications in 2024, according to a survey by healthcare technology leader Medtronic and Morning Consult. High optimism, especially in terms of improving diagnoses and access to healthcare, 61% believe that AI will help detect health conditions. Medtronic’s CTO, Ken Washington, highlights AI’s potential to revolutionize healthcare in a responsible and ethical manner, PRNewswire reports.
3. Google sues hackers who spread malicious AI ads on Facebook
Google has filed a lawsuit against unnamed individuals in India and Vietnam, accusing them of using false ads on Facebook to trick US small business owners into downloading a non-existent AI chatbot, Bard. According to the Wall Street Journal, ads posted by hackers posing as Google entities contain malware that steals social media credentials. Google is seeking to end the scam and secure damages, the first such lawsuit to protect users of a major tech company’s flagship AI product. An organized hacking group operates through accounts with false names.
4. MIT Scientist Urges CFOs to Change Risk Tolerance Due to Rapid Impact of Generative AI
MIT researcher Andrew McAfee advises CFOs that risk tolerance must change to successfully implement generative AI. Speaking at the Fortune CFO Collaborative dinner, McAfee highlighted the high risk of being agile. He predicts that generative AI will quickly separate the winners and losers in the economy and turbocharge the winners unexpectedly. Although McAfee acknowledges the risks of hallucinations, the tech giants are actively addressing these issues. OpenAI’s ChatGPT, part of the generative AI boom, introduced a process control method to mitigate hallucinations, according to a Fortune report.
5. Biden and Xi sign agreement to limit artificial intelligence on nuclear weapons systems
US President Joe Biden and China’s Xi Jinping are expected to sign an agreement at the APEC summit to limit the use of artificial intelligence in nuclear weapons guidance systems. The agreement covers artificial intelligence in autonomous weapons such as drones and nuclear warhead guidance systems. According to a report by the South China Morning Post, tensions between the United States and China have been rising, including a recent military communication breakdown and opposing positions on the Ukraine conflict.
