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AIs could soon run businesses – it’s an opportunity to ensure these ‘artificial persons’ follow the law

by AIP Online Bureau | Oct 31, 2023 | Eco/Invest/Demography, Features, Health, Regulation, Technology

Many functions inside small and large companies have already been delegated to AI in part, including financial operations, human resources and network management, to name just three. AIs can now perform many tasks as well as humans do. For example, AIs can read...

FACTBOX-Governments race to regulate AI tools

by AIP Online Bureau | Oct 26, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are...

AI startup mind foundry helps insurers spot cognitive decline in older drivers

by AIP Online Bureau | Oct 17, 2023 | International News, Non-Life, Regulation, Technology

“If a person is over a certain age, their insurance policy is gone, their independence is gone,” Mullins said. “Not all individuals age the same way. Now data can tell us that the person is driving safely. That’s aresponsible use of AI.” Mind Foundry Ltd., an...

Earthquake-predicting tool driven by AI shows 70 per cent accuracy, new research reveals

by AIP Online Bureau | Oct 7, 2023 | Disaster & Management, Facts, Risk Management, Technology

“It’s a matter of milliseconds, and the only thing you can control is how prepared you are. Even with 70 per cent, that’s a huge result and could help minimise economic and human losses and has the potential to dramatically improve earthquake preparedness worldwide,”...

AI-generated ripoffs of original books being sold on Amazon, authors cry

by AIP Online Bureau | Oct 1, 2023 | International News, Risk Management, Technology

“Amazon is clearly facing significant challenges with the influx of AI-generated products in its stores, and it appears to be playing catchup,” Nicola Solomon, the chief executive of the Society of Authors (SoA), was quoted as saying in the report Last...
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