AI News

EU Readies Rules To Regulate Artificial Intelligence Use

The EU is tightly regulating handling AI techs such as ChatGPT, recently praised in the news. Their goal is to create strict rules covering these technologies’ breadth and reach. Two years ago, the EU Commission proposed the first legislative framework concerning AI regulations and submitted it to the member states and European Parliament – a …

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Expert Opinion On Artificial Intelligence In The Garden Of Innovation

In the Wall Street Journal Editorial Report, Paul Gigot interviews columnist Andy Kessler. Zuma Press and the Wall Street Journal provide images of them together. Mark Kelly composes a composite of the two. Almost a quarter-century ago, I took my grade-school son to a raucous convention in New York to experience the excitement of times …

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AI-generated Songs vs Eminem: Raising Copyright Questions In The Music Industry

Copyrights and the future of music have become more complex with AI-generated songs, such as those featuring Eminem, the Weeknd, and Drake, leading to questions over who is eligible for protection. Crossing legal lines is the question posed when a video surfaced of DJ David Guetta playing an AI-generated track, which sounded reminiscent of Detroit …

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Debunking Myths And Identifying Risks Of ChatGPT And Generative AI

ChatGPT and DALL-E, two new generative AIs, could potentially revolutionize fields such as art, entertainment, and advertising. However, there are ethical concerns regarding the misuse of these technologies for malicious activities – including deepfakes and other harmful content. Four academic experts have been invited by the European Laboratory for Learning and Intelligent Systems (ELLIS) unit …

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Artificial Intelligence Image Wins Major Award: What This Means For AI Photography

After causing a furor, a story broke out last week by PetaPixel about an artist declining a prize for his Artificial Intelligence (AI) generated photo that won in an esteemed contest. Following the reports, numerous major publications sparked the controversy further and picked up the story. Boris Elgadsem’s recently-awarded AI portrait of two non-existent women, …

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How ChatGPT AI Could Transform Your Day-To-Day Workflows

Since the 1980s, middle-income workers have been replaced due to automation. This has been achieved through the use of robots and software. Automation has increased the value of educated labor, resulting in income inequality. This shift is because automation has made some tasks easier and quicker to complete, so those with the necessary skills and …

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Understanding The Reality And Hype Of ChatGPT And Generative AI In Payments

ChatGPT, a conversation-oriented AI technology from OpenAI, is one of the most talked-about breakthroughs of 2023. Payment service providers are giving it much attention due to its potential for its generative AI power. Insider Intelligence Comprising payment networks, mobile wallet providers, and issuing banks, the payments industry is poised to experience a revolution thanks to …

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How Much Does It Cost To Operate ChatGPT Each Day?

OpenAI’s ChatGPT could be too expensive to run – an analyst informed The Information that it might cost around $700,000 a day due to the “expensive servers” being utilized. ChatGPT necessitates extensive computing resources on high-price servers to deliver responses to questions. According to The Information, Microsoft is constructing an artificial intelligence (AI) chip in …

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