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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...
Microsoft’s generative AI Initiatives – A vision to transform businesses

Microsoft’s generative AI Initiatives – A vision to transform businesses

by AIP Online Bureau | Sep 30, 2023 | Eco/Invest/Demography, Technology

Medical Research and Diagnosis In healthcare, swift disease diagnosis can enhance patient outcomes, and generative models are crucial in achieving this goal Businesses encounter ongoing risks from fraudulent activities and cyber assaults .By analyzing patterns and...
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