AI chip scarcity is creating a bottleneck in the market, exacerbating the disparity between tech giants and startups, leaving smaller companies without access to necessary computing power, potentially solidifying the dominance of large corporations in the technology market.
Artificial intelligence will initially impact white-collar jobs, leading to increased productivity and the need for fewer workers, according to IBM CEO Arvind Krishna. However, he also emphasized that AI will augment rather than displace human labor and that it has the potential to create more jobs and boost GDP.
Professionals are optimistic about the impact of artificial intelligence (AI) on their productivity and view it as an augmentation to their work rather than a complete replacement, according to a report by Thomson Reuters, with concerns centered around compromised accuracy and data security.
The rapid growth of AI, particularly generative AI like chatbots, could significantly increase the carbon footprint of the internet and pose a threat to the planet's emissions targets, as these AI models require substantial computing power and electricity usage.
Artificial intelligence (AI) is revolutionizing the accounting industry by automating tasks, providing insights, and freeing up professionals for more meaningful work, but there is a need to strike a balance between human and machine-driven intelligence to maximize its value and ensure the future of finance.
Around 40% of the global workforce, or approximately 1.4 billion workers, will need to reskill over the next three years as companies incorporate artificial intelligence (AI) platforms like ChatGPT into their operations, according to a study by the IBM Institute for Business Value. While there is anxiety about the potential impact of AI on jobs, the study found that 87% of executives believe AI will augment rather than replace jobs, offering more possibilities for employees and enhancing their capabilities. Successful reskilling and adaptation to AI technology can result in increased productivity and revenue growth for businesses.
Artificial intelligence (AI) has the potential to deliver significant productivity gains, but its current adoption may further consolidate the dominance of Big Tech companies, raising concerns among antitrust authorities.
Regulating artificial intelligence (AI) should be based on real market failures and a thorough cost-benefit analysis, as over-regulating AI could hinder its potential benefits and put the US at a disadvantage in the global race for AI leadership.
IBM has developed a 14-nanometer analog chip for artificial intelligence (AI) that combines computation and memory, similar to the human brain, leading to faster and more energy-efficient processing, making it a significant step towards sustainable AI.
Spending on AI could boost GDP and productivity, while also potentially raising interest rates in the coming years.
The integration of artificial intelligence (AI) is driving the growth of smart manufacturing, with the use of AI expected to enhance decision-making, optimize operations, and improve automation processes in factories, as well as complementing supply chain optimization and inventory management.
Artificial intelligence (AI) is likely to subtract jobs without producing new ones, with evidence suggesting that jobs will disappear rather than be replaced, according to experts, and regulation should only be considered once AI is controllable.
The rising demand for AI technology and data centers is creating a supply issue due to the massive amounts of electricity and water required to operate and cool these facilities.
A new survey by Pew Research Center reveals that a growing number of Americans are concerned about the role of artificial intelligence (AI) in daily life, with 52% expressing more concern than excitement about its increased use. The survey also found that awareness about AI has increased, and opinions about its impact vary across different areas, with more positive views on AI's role in finding products and services online, helping companies make safe vehicles, and assisting with healthcare, but more negative views on its impact on privacy. Demographic differences were also observed, with higher levels of education and income associated with more positive views of AI's impact.
Intel is applying AI to its upcoming Meteor Lake chip to improve power management, using an algorithm that predicts and understands user behavior to optimize performance and energy efficiency.
The UK government has been urged to introduce new legislation to regulate artificial intelligence (AI) in order to keep up with the European Union (EU) and the United States, as the EU advances with the AI Act and US policymakers publish frameworks for AI regulations. The government's current regulatory approach risks lagging behind the fast pace of AI development, according to a report by the science, innovation, and technology committee. The report highlights 12 governance challenges, including bias in AI systems and the production of deepfake material, that need to be addressed in order to guide the upcoming global AI safety summit at Bletchley Park.
The transformation of data servers to be AI-ready is consuming significant energy and natural resources, raising the question of whether AI can revolutionize technology's carbon footprint responsibly.
The rise of artificial intelligence (AI) is a hot trend in 2023, with the potential to add trillions to the global economy by 2030, and billionaire investors are buying into AI stocks like Nvidia, Meta Platforms, Okta, and Microsoft.
While AI technologies enhance operational efficiency, they cannot create a sustainable competitive advantage on their own, as the human touch with judgment, creativity, and emotional intelligence remains crucial in today's highly competitive business landscape.
A survey of 213 computer science professors suggests that a new federal agency should be created in the United States to govern artificial intelligence (AI), while the majority of respondents believe that AI will be capable of performing less than 20% of tasks currently done by humans.
A survey of 600 Floridians revealed that while many perceive advances in AI to be promising, there are significant concerns about its economic impact and implications for human security, with 75% expressing worry that AI could pose a risk to human safety and 54% fearing it could threaten their employment in the future.
Lawmakers in the Senate Energy Committee were warned about the threats and opportunities associated with the integration of artificial intelligence (AI) into the U.S. energy sector, with a particular emphasis on the risk posed by China's AI advancements and the need for education and regulation to mitigate negative impacts.
Using AI to streamline operational costs can lead to the creation of AI-powered business units that deliver projects at faster speeds, and by following specific steps and being clear with tasks, businesses can successfully leverage AI as a valuable team member and save time and expenses.
Tech developers including Microsoft, OpenAI, and Google are facing increased water consumption and environmental impact due to the energy-intensive nature of training large AI models.
Artificial intelligence (AI) poses both potential benefits and risks, as experts express concern about the development of nonhuman minds that may eventually replace humanity and the need to mitigate the risk of AI-induced extinction.
Artificial intelligence poses a more imminent threat to humanity's survival than climate crisis, pandemics, or nuclear war, as discussed by philosopher Nick Bostrom and author David Runciman, who argue that challenges posed by AI can be negotiated by drawing on lessons learned from navigating state and corporate power throughout history.
The G20 member nations have pledged to use artificial intelligence (AI) in a responsible manner, addressing concerns such as data protection, biases, human oversight, and ethics, while also planning for the future of cryptocurrencies and central bank digital currencies (CBDCs).
Artificial intelligence (AI) is poised to be the biggest technological shift of our lifetimes, and companies like Nvidia, Amazon, Alphabet, Microsoft, and Tesla are well-positioned to capitalize on this AI revolution.
Generative AI, while revolutionizing various aspects of society, has a significant environmental impact, consuming excessive amounts of water and emitting high levels of carbon emissions. Despite some green initiatives by major tech companies, the scale of this impact is projected to increase further.
A majority of employees in the UAE believe that artificial intelligence will significantly impact their work within the next year, with expectations of AI's influence growing over the next five years, according to research by LinkedIn.
Artificial Intelligence poses real threats due to its newness and rawness, such as ethical challenges, regulatory and legal challenges, bias and fairness issues, lack of transparency, privacy concerns, safety and security risks, energy consumption, data privacy and ownership, job loss or displacement, explainability problems, and managing hype and expectations.
Artificial intelligence (AI) will be highly beneficial for executives aiming to save money in various sectors such as banking, insurance, and healthcare, as it enables efficient operations, more accurate data usage, and improved decision-making.
Microsoft's latest environmental report reveals that the AI industry's water usage has significantly increased, with Microsoft alone consuming 6,399,415 cubic meters of water in a 12-month period, highlighting the industry's water-intensive nature.
An art collective called Theta Noir argues that artificial intelligence (AI) should align with nature rather than human values in order to avoid negative impact on society and the environment. They advocate for an emergent form of AI called Mena, which merges humans and AI to create a cosmic mind that connects with sustainable natural systems.
Artificial intelligence (AI) will continue to evolve and become more integrated into our lives in 2024, with advancements in generative AI tools, ethical considerations, customer service, augmented working, AI-augmented apps, low-code/no-code software engineering, new AI job opportunities, quantum AI, upskilling for the AI revolution, and AI legislation.
The Ohio State University is leading a new multimillion-dollar international center called the AI and Biodiversity Change Global Climate Center to use artificial intelligence (AI) to better understand the impacts of climate change on biodiversity. The center aims to develop AI-enabled approaches to study the effects of climate change on various species and ecosystems and will collaborate with universities and organizations worldwide.
Companies that delay adopting artificial intelligence (AI) risk being left behind as current AI tools can already speed up 20% of worker tasks without compromising quality, according to a report by Bain & Co.'s 2023 Technology Report.
Artificial intelligence (AI) has become the new focus of concern for tech-ethicists, surpassing social media and smartphones, with exaggerated claims of AI's potential to cause the extinction of the human race. These fear-mongering tactics and populist misinformation have garnered attention and book deals for some, but are lacking in nuance and overlook the potential benefits of AI.
Representatives from several countries and companies announced commitments to harness the power of artificial intelligence (AI) to advance progress in achieving the United Nations' Sustainable Development Goals (SDGs) during a ministerial side event at the United Nations' 78th Session High Level Week. These commitments focused on using AI to address issues related to health, education, food security, energy, and climate action, with an emphasis on inclusive and responsible governance of AI.
Governments worldwide are grappling with the challenge of regulating artificial intelligence (AI) technologies, as countries like Australia, Britain, China, the European Union, France, G7 nations, Ireland, Israel, Italy, Japan, Spain, the United Nations, and the United States take steps to establish regulations and guidelines for AI usage.
The World Economic Forum's "The Future of Jobs Report 2023" highlights that AI and machine learning specialists are in high demand, followed by sustainability specialists, business intelligence analysts, and information security analysts, as the fastest-growing roles driven by technology, digitalization, and sustainability.
Small and medium businesses adopting AI and cloud computing technologies are expected to drive significant gains in productivity and economic output in sectors such as healthcare, education, and agriculture, with projected benefits of $79.8 billion by 2030 in the US and $161 billion globally.
Artificial intelligence will be a significant disruptor in various aspects of our lives, bringing both positive and negative effects, including increased productivity, job disruptions, and the need for upskilling, according to billionaire investor Ray Dalio.
Intel is integrating AI inferencing engines into its processors with the goal of shipping 100 million "AI PCs" by 2025, as part of its effort to establish local AI on the PC as a new market and eliminate the need for cloud-based AI applications.
