US Chamber of Commerce advocates for AI Regulation

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March 10, 2023

US Chamber Commerce AI Regulation — Image Credits; US Chamber Commerce

In a change from the business lobbying group’s usual anti-regulatory stance, the US Chamber of Commerce advocated for regulation of artificial intelligence technology on Thursday to guarantee it does not harm growth or pose a national security danger.

The rapidly expanding artificial intelligence program ChatGPT, which has garnered praise for its ability to write answers to a wide range of queries, has raised concerns among US lawmakers about its effects on national security and education even though there isn’t much-proposed legislation for AI.

According to the Chamber research, lawmakers and corporate executives need to act rapidly to intensify their efforts to build a “risk-based regulatory framework” that will guarantee AI is used responsibly.

It further stated that by 2030, AI is expected to contribute $13 trillion to the growth of the world’s economy and that it has already made significant contributions, such as reducing the lack of nurses in hospitals and mapping wildfires to expedite emergency response times. The importance of being prepared for the technology’s impending pervasiveness and its risks was underlined in the paper.

According to the research, “almost every” business and government organization will employ AI within 20 years. The report is a result of a commission on AI that the Chamber established last year. The Chamber acknowledges the crucial role the business community will play in the deployment and management of AI.

Discord Announces New AI Chatbot and Messaging Features

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Sahil Pawar

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March 10, 2023

Discord AI chatbot messaging features — Image Credits: LOGO

In the newest effort by tech companies to create generative AI tools, chat app Discord announced on Thursday that it would roll out new artificial intelligence features that can summarize lengthy chats or add decorations to a user’s avatar.

Discord, which enables group chats via text, video, and audio, announced it would update the Clyde bot with OpenAI technology. According to the business, Discord users can ask the AI-powered Clyde to provide trivial answers, assist with meeting scheduling, or suggest songs.

Users will be able to “remix” the avatars of their friends using another AI function that uses generative picture models. For instance, to commemorate a person’s birthday, the feature might put a crown on their head in their profile picture.

The AI tool will be able to summarize the dialogue if users have been away from Discord and have missed a stream of messages, allowing users to rapidly return to certain points in the message thread to catch up on the chat. According to the company, the feature will start to roll out in a few select Discord groups the following week.

In order to enhance a current content moderation tool that helps automatically reject damaging or undesired communications from discussions, Discord announced it would also explore OpenAI technology. According to the firm, the updated technology can flag communications for moderators and comprehend the context of the dialogue.

BharatGPT, a rival to ChatGPT by CoRover.ai

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Sahil Pawar

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March 9, 2023

BharatGPT rival ChatGPT CoRover — Image Credits: Pxfuel

The conversational AI platform CoRover, located in Bengaluru, has announced the release of BharatGPT, a large language model (LLM) that supports over 120 international languages in addition to more than 12 Indian languages.

OpenAI’s ChatGPT, in contrast, only supports 95 languages and mostly accepts English-only commands. Unlike ChatGPT, CoRover’s chatbot can run rich data in addition to text, including graphics, audio, video, and even maps.

BharatGPT has an accuracy rating of 90%, according to CoRover. Moreover, CoRover’s BharatGPT makes use of the enormous quantity of data and knowledge that is accessible online as its foundation while simultaneously giving users a chance to customize and enhance its content.

Including contextually relevant information based on variables like area, sector, domain, client, business, and particular use cases allows the system to do this, thereby ensuring that customers receive relevant and up-to-date information in answer to their questions.

Additionally, it has the capacity to link with any ERP/CRM systems and support Application Programming Interfaces (APIs) for real-time transactions. It also offers the option to build a customized knowledge base.

Top AI News of the Day | 9 March 2023

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Sahil Pawar

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March 9, 2023

top ai news of the day 9 March 2023 — Image Credits: AD

DuckDuckGo’s Search Engine introduces AI-generated responses

The most recent search engine to implement artificial intelligence is DuckDuckGo. The company has introduced a brand-new feature called DuckAssist that will automatically gather and summarize data from Wikipedia in response to specific queries. Nevertheless, only through DuckDuckGo’s mobile apps and browser extensions is DuckAssist’s beta available on the search engine at this time. If the experiment “runs well,” according to DuckDuckGo founder and CEO Gabriel Weinberg, the service will be made available through the website-based search engine.

Conversational AI platform CoRover announces the release of BharatGPT

The conversational AI platform CoRover, located in Bengaluru, has announced the release of BharatGPT, a large language model (LLM) that supports over 120 international languages in addition to more than 12 Indian languages. OpenAI’s ChatGPT, in contrast, only supports 95 languages and mostly accepts English-only commands. Unlike ChatGPT, CoRover’s chatbot can run rich data in addition to text, including graphics, audio, video, and even maps.

Indian Meteorological Department to use AI to improve weather predictions

To provide greater forecast accuracy, the Regional Meteorological Centre, Chennai, wants to gradually extend its observational network. In order to improve weather forecasting methods and evaluate radar data, S. Balachandran, Assistant Director General of Meteorology, RMC, Chennai, stated, “We are aiming to employ artificial intelligence. By providing a nowcast, artificial intelligence and machine learning would be employed to enhance projections over a shorter period of time.”

AI-powered system developed to translate Japanese manga to English

AI research graduates from University of Tokyo have introduced a machine translation system, Mantra Engine, that can recognize text placed in the manga and translate it into English by identifying its proper order. It was introduced in the most recent issue of “Kizuna,” the official e-magazine of the Japanese government. With this breakthrough, readers won’t have to wait as long for translated editions of manga, and there won’t be any need for piracy.

Mirror and Express owner publishes first articles written using AI

The Daily Mirror and Express’s owner has published its first stories produced by artificial intelligence, but the boss of the company insists that journalists shouldn’t worry that they will soon be replaced by robots. Reach’s CEO Jim Mullen claimed that after a working group studied the potential applications for AI, the company allowed a bot to create three articles last week.

Crypto-focused lender Silvergate announces collapse

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Sahil Pawar

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March 9, 2023

Silvergate announces collapse — Image Credits: Silvergate

After being financially devastated by the instability in digital assets, cryptocurrency-focused lender Silvergate announced that it is ceasing operations and would liquidate the bank.

Silvergate stated on Wednesday that it thought a voluntary liquidation of the bank and winding down of operations was appropriate given the recent regulatory and industry developments. “Full repayment of all deposits” is part of the bank’s plan.

The stock of Silvergate has dropped 97% from its high in November 2021; this trend is consistent with that of the overall crypto market.

The cryptocurrency sector has been rocked by a spate of scandals and bankruptcies in 2022, including the unexpected collapse of Sam Bankman-corporate Fried’s empire in November. The market as a whole is now only worth roughly $1 trillion, down from a $3 trillion valuation.

The announcement on Wednesday comes a week after Silvergate warned that it would cease operations and postponed its annual filing with the SEC. The bank’s largest cryptocurrency industry clients, including Coinbase and Paxos, withdrew their deposits in response to that revelation.

Indian government brings crypto under money laundering law

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Sahil Pawar

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March 9, 2023

Indian government crypto money laundering law — Image Credits: IDFC

The government has stated that all forms of cryptocurrency operations, including trading, safekeeping, and associated financial services, would now fall under the Prevention of Money-Laundering Act, 2002, in an effort to tighten laws on cryptocurrencies in the nation.

The finance ministry’s department of revenue announced in a notification that the aforementioned Act would apply to all exchanges involving virtual digital assets and fiat money, exchanges involving one or more types of virtual digital assets, and transfers of digital assets.

The participation in and provision of financial services relating to an issuer’s offer and sale of a virtual digital asset, as well as the safekeeping or administration of virtual digital assets that enable control over virtual digital assets, will also be covered under the same law.

Although it has taken certain steps to reduce cryptocurrency usage for unlawful purposes, the Centre has not yet developed complete legislation on the subject. With the recent change, law enforcement authorities will have more authority to combat money laundering through cryptocurrency channels.

In the Union Budget 2022, the government had previously declared a 30% tax on cryptocurrencies. Additionally, it said that 1% TDS would be retained each time an investor sells a virtual digital asset above a predetermined limit.

DuckDuckGo’s Search Engine introduces AI-generated responses

By

Sahil Pawar

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March 9, 2023

DuckDuckGo’s Search Engine AI-generated responses — Image Credits: Entrepreneur

The most recent search engine to implement artificial intelligence is DuckDuckGo. The company has introduced a brand-new feature called DuckAssist that will automatically gather and summarize data from Wikipedia in response to specific queries.

Nevertheless, only through DuckDuckGo’s mobile apps and browser extensions is DuckAssist’s beta available on the search engine at this time. If the experiment “runs well,” according to DuckDuckGo founder and CEO Gabriel Weinberg, the service will be made available through the website-based search engine.

A popup that reads “I can check to see if Wikipedia has relevant information on this issue, just ask” will appear at the top of your search results when you enter a query that DuckAssist can answer. When you click the blue “Ask” button, an AI will generate a response based on summarized Wikipedia content.

According to DuckDuckGo, DuckAssist won’t have an answer for every query. The feature is more likely to be present when searching for terms with “clear Wikipedia answers.” In other words, rather than asking more debatable questions like “What is the best search engine?” try asking, “What is a search engine index?”

DuckAssist can make mistakes just like other AI programs do. In addition to the fact that Wikipedia might not always include accurate information, there is a limit to the quantity of information the feature can synthesize, according to Weinberg. Instead of relying solely on its own data, Weinberg contends that having DuckAssist produce summaries in response to queries lowers the likelihood that it will fabricate information.

Talk to famous personalities with Microsoft Bing’s Celebrity mode

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Sahil Pawar

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March 8, 2023

Microsoft Bing’s Celebrity mode — Image Credits: Microsoft

Users can ask the AI chatbot in Bing Chat’s “Celebrity” mode to act like famous people. According to a study by Bleeping Computer, the AI chatbot can respond to inquiries and speak like well-known individuals it has been trained to emulate.

While in celebrity mode, Bing can respond to inquiries about a famous person’s life, profession, interests, and more while emulating their personality and sense of flair. The mode can be turned on, even though it is not enabled by default, by asking Bing Chat about it.

The mode offers security features that allow users to restrict which celebrities the chatbot can impersonate, including Elon Musk, Tom Cruise, Taylor Swift, Kevin Hart, Beyoncé, and others. The chatbot declines requests to impersonate politicians or controversial persons by stating that it is against its guidelines to impersonate powerful politicians, activists, or state heads.

According to the research, Bing Chat does allow circumventing limits and impersonating celebrities like Donald Trump and Joe Biden, depending on how users inquire about celebrity mode.

The chatbot can also mimic well-known fictional characters, including Sherlock Holmes, Batman, Gandalf, and Harry Potter. The AI-powered chatbot does a fantastic job at mimicking the speech patterns and responses preferred by politicians and celebrities, down to adopting their catchphrases and slang.

Meta to carry out second round of layoffs, thousands to be fired again

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Sahil Pawar

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March 7, 2023

Meta second round layoffs — Image Credits: Guardian

Round two of layoffs is about to take place at Meta, the parent company of well-known social media juggernauts, including Facebook and Instagram. A recent story states that Meta would let off thousands of workers as soon as this week.

According to a report by Bloomberg, many Meta employees will lose their jobs this week. Meta reportedly requested a list of the individuals who may be let go during this round of layoffs from directors and vice presidents. Meta has not formally confirmed the change.

After a round of layoffs late last year, this will be the second. In the initial phase, the corporation let go of 11,000 workers or 13% of the overall staff.

2023 has been designated as the Meta’s “year of efficiency” by CEO Mark Zuckerberg. A recent performance review of the staff by the corporation may have served as a prelude to the second round of layoffs.

When Meta announced its first wave of layoffs in November, Mark Zuckerberg held a video chat with staff members and accepted full responsibility for the job losses. Massive wagers made by Meta in the Metaverse sector have likewise failed to yield returns on their investments.

Romania PM unveils first of its kind AI adviser Ion

By

Sahil Pawar

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March 7, 2023

Romania PM unveils AI adviser Ion — Image Credits: Time

The artificial intelligence assistant known as “Ion” was unveiled by Romania’s prime minister, Nicolae Ciuca, as his “new honorary adviser.” He lauded it as the first of its kind.

Ion, which was created by Romanian researchers, would primarily be responsible for scanning social media to notify the government in real time of Romanians’ requests and wishes, Ciuca said on Wednesday.

The liberal minister described Ion as “the first government adviser to utilize artificial intelligence,” noting that the newest member of his entourage was a mirror-like structure with a beeping interface.

Ion’s cool voice at the launch said, “Hello, you gave me life. Now, my role is now to represent you like a mirror. What Romanian information should I know?”

According to a government paper outlining the project, Ion would leverage technology and artificial intelligence to capture thoughts in society utilizing data publicly available on social networks.

People in Romania will also be able to speak with Ion on the project website. Ciuca remarked, “I am certain that using AI should not be a choice but a requirement to make more informed decisions.” Romania, one of the poorest countries in the EU, is frequently referred to as the “Silicon Valley” of Eastern Europe due to its thriving start-up community.