Georgia: Watchdog group urges greater transparency, strict regulation of governmental AI use

Published by
Eurasianet

A watchdog group is sounding an alarm about the potential abuse of artificial intelligence (AI) by government agencies in Georgia. A report based on research conducted by the group, the Tbilisi-headquartered Institute for the Development of Freedom of Information (IDFI), noted that while AI applications can enhance the reform process, “these same applications can endanger democratic principles—especially if state accountability is already tenuous due to shortcomings in judicial independence, government transparency, or law-enforcement oversight mechanisms.” Rights groups and Western experts ha… Read More “Georgia: Watchdog group urges greater transparency, strict regulation of governmental AI use”

US, UAE announced climate farming fund has grown to $13 bn

Published by
AFP

Washington (AFP) – Funding for a global initiative aimed at creating more environmentally friendly and climate-resilient farming has grown to $13 billion, co-leaders the United States and the United Arab Emirates said Monday. That money means the Agriculture Innovation Mission (AIM) for Climate, launched in 2021, now exceeds its $10 billion target for the COP28 climate talks, to be hosted by the UAE in November and December. “Climate change continues to impact longstanding agricultural practices in every country and a strong global commitment is necessary to face the challenges of climate chan… Read More “US, UAE announced climate farming fund has grown to $13 bn”

These Fast Food Chains Using AI to (Finally) Get Your Order Right

Published by
The Street

By Rob Lenihan In August 1960, George Pal’s “The Time Machine,” took movie-goers on a trip to the distant future. One month later, while Chubby Checker’s version of “The Twist” was climbing the charts, a man named Wilbur Hardee opened the restaurant that bears his name in Greenville, N.C. DON’T MISS: McDonald’s Adds a New Snack Wrap (You Won’t Be Happy) Time marched on, Hardee’s expanded and would eventually be acquired by CKE Restaurant Holdings, which also owns Carl’s Jr. Now both restaurants chains are taking a step into the future by rolling out artificial intelligence at their drive-thrus… Read More “These Fast Food Chains Using AI to (Finally) Get Your Order Right”

Stocks Close Mildly Higher Despite Higher Bond Yields and Debt Ceiling

Published by
Barchart

What you need to know… The S&P 500 Index ($SPX) (SPY) Monday closed up +0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.25%. Stock indexes Monday settled mixed. Higher bond yields on Monday weighed on the overall market along with the ongoing debt ceiling stalemate. However, energy stocks moved higher after crude prices rallied by more than +2%, and cybersecurity stocks gained after Zscaler surged when it boosted its full-year outlook. Clarity regarding the U.S. debt ceiling is a bearish factor for stocks. Treasury Se… Read More “Stocks Close Mildly Higher Despite Higher Bond Yields and Debt Ceiling”

AI could replace 80% of jobs ‘in next few years’: expert

Published by
AFP

Rio de Janeiro (AFP) – Artificial intelligence could replace 80 percent of human jobs in the coming years — but that’s a good thing, says US-Brazilian researcher Ben Goertzel, a leading AI guru. Mathematician, cognitive scientist and famed robot-creator Goertzel, 56, is founder and chief executive of SingularityNET, a research group he launched to create “Artificial General Intelligence,” or AGI — artificial intelligence with human cognitive abilities. With his long hair and leopard-print cowboy hat, Goertzel was in provocateur mode last week at Web Summit in Rio de Janeiro, the World’s bigg… Read More “AI could replace 80% of jobs ‘in next few years’: expert”

Parlay Bets Make Losers Out of Sports Gamblers

Published by
The Street

By Dan Weil You’re probably well aware that most sports gamblers lose, with estimates that only 1% to 5% of them are profitable long-term. An estimated 70% to 80% of sports betting takes place online, on platforms owned by the likes of DraftKings (DKNG) – Get Free Report and FanDuel. The trends for non-professional bettors on the Internet isn’t good. “Average overall returns for recreational gamblers are negative and getting worse, according to reports by gambling companies to their investors and state regulators, as well as interviews with industry experts,” The Wall Street Journal reports. “… Read More “Parlay Bets Make Losers Out of Sports Gamblers”

Saint Laurent Debuts Its First Fine Jewelry Collection

Published by
Grazia USA

All products featured on GRAZIA are independently selected by our editors. However, when you buy something through our retail links, GRAZIA may earn an affiliate commission. If you’re in the market to scoop up some new statement pieces to send your style to the next level, Saint Laurent is here with the brand’s first fine jewelry collection. Creative Anthony Vaccarello utilized his meticulous attention to detail and handpicked gold, diamonds and other valuable materials to create a must-have selection of bracelets, cuffs, necklaces and earrings. These timeless pieces are not only functional an… Read More “Saint Laurent Debuts Its First Fine Jewelry Collection”

PayPal adjusted margin forecast cut eclipses higher profit expectations

Published by
Reuters UK

By Manya Saini (Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares in the payments firm down 5% in extending trading. PayPal expects adjusted operating margin expansion of 100 basis points this year, compared with its earlier forecast of a 125-basis-point growth. Investors are assuming that the company’s branded checkout button, a high margin business, isn’t doing as well as people thought it was and the fear is that it is losing market share to Apple, Dan Dolev, analyst at Mizuho told Reuters, e… Read More “PayPal adjusted margin forecast cut eclipses higher profit expectations”

Elon Musk Questions a Major U.S. Move

Published by
The Street

By Luc Olinga Elon Musk for several years now has been calling for regulation of artificial intelligence. His calls have become more pressing after the worldwide success of ChatGPT, a conversational chatbot that gives human-like responses to requests. ChatGPT is the face of the progress AI tech has made. The chatbot and its competitors like Bard and other powerful tools have shown that the revolutionary technology has taken a leap forward to the point where robots now do certain tasks better than humans do. But major incidents with BingGPT, Microsoft’s search engine now integrated with ChatGPT… Read More “Elon Musk Questions a Major U.S. Move”

These are the European companies rivalling ChatGPT to change the face of AI

Published by
Euronews (English)

If you haven’t heard of ChatGPT by now, we would have to assume you’ve been living somewhere with extremely patchy WiFi signal or have gone off grid to avoid being wrapped up in the fast-evolving World of artificial intelligence (AI) for the sake of your sanity. The chatbot from OpenAI has been heralded as the highest functioning large language model (LLM) of its kind, incorporating multiple data sources, including the Internet, books, articles and journals. It’s able to provide the user with answers to pretty much any query, as well as review and correct itself if required and – as tried and … Read More “These are the European companies rivalling ChatGPT to change the face of AI”