Developments in the field of artificial intelligence (AI) are progressing rapidly, and today we bring you five key updates. OpenAI has formed a new team to address the potential risks associated with superintelligent AI, while Tesla CEO Elon Musk commends China’s advancements in AI while also highlighting the need for regulation. Additionally, UK banks have been offered a new AI tool to detect fraud, research shows AI can match the creativity of the top 1% of thinkers, and South Korea aims to become a prominent player in AI semiconductors.
OpenAI, the organization behind ChatGPT, has announced the formation of a new team led by its chief scientist Ilya Sutskever and one of its co-founders. The purpose of this team is to manage and control the development of superintelligent AI that is predicted to surpass human intelligence within the next decade. OpenAI aims to steer this emerging technology away from potential dangers.
Meanwhile, at a Chinese government-backed conference in Shanghai, Elon Musk praised China’s progress in AI and expressed his intention to share Tesla’s advancements in self-driving technology with the country. According to a Bloomberg report, Musk also emphasized the necessity of regulating AI while reaffirming his vision of a future filled with AI-driven robots.
To tackle the issue of fraud, Mastercard has developed an AI tool called Client Fraud Risk, which has been offered to major UK banks. This tool aims to detect Authorized Push Payment scams and help banks identify if their customers are unintentionally making transactions to scammers, as reported by Bloomberg. Currently, nine banks in the UK, including Bank of Scotland, Lloyds Banking Group, and Natwest Group, are utilizing this system.
In a study conducted by the University of Montana, it was found that AI can match the creativity of the top 1% of the world’s most inventive thinkers. Dr. Erik Guzik, an assistant clinical professor at UM’s School of Business, used the Torrance Tests of Creative Thinking and evaluated eight responses generated by ChatGPT alongside responses from a control group of 24 UM students. Dr. Guzik stated that ChatGPT and GPT-4 perform in the top 1% for originality, marking a significant achievement.
As the global AI race intensifies, South Korea is betting on its dominance in memory-chip manufacturing and the existence of a well-developed AI ecosystem. South Korea’s Minister for Science and Information and Communications Technology, Jong-ho Lee, spoke with CNBC about their ambitions to become a prominent player in AI semiconductors. Lee highlighted South Korea’s commitment to emerging areas such as AI semiconductors within rapidly growing sectors.
These developments underscore the fast pace at which AI is evolving and the growing need for regulations to ensure its safe and beneficial use. While OpenAI takes proactive measures to control the development of superintelligent AI, industry leaders like Elon Musk commend advancements and advocate for responsible governance. The introduction of advanced AI tools, such as Client Fraud Risk, demonstrates the ongoing efforts to combat fraud and protect customers. Furthermore, the University of Montana’s research showcases the impressive capabilities of AI in creative thinking. Finally, South Korea’s determination to establish a strong presence in the AI semiconductor domain reflects the global competition in this transformative technology sector.
