Tag: Generative AI

. Discover how two tech giants, Bloomberg and Amazon, are catching up in AI development race. Bloomberg announced incorporating the latest ChatGPT-style software into its Bloomberg terminal, while Amazon revealed investing in AI and generative Artificial Intelligence research. Know the potential applications and impacts of generative AI on technological and digital worlds!

Jeff Bezos, the world's wealthiest person, is challenging Google and Microsoft to become the go-to provider of generative AI. Amazon recently launched new offerings for the same technology behind ChatGPT. Their custom-made chips provide cheaper options for running AI software, with a wide range of tools for businesses. With this, become the Switzerland of generative AI!

Chuck Schumer, US Senate Majority Leader, has initiated efforts to create new regulations on Artificial Intelligence in response to: national security, education concerns and the growing consumer appeal of ChatGPT. Schumer's framework strives to create a regulatory regime that keeps the US at the forefront of technology while avoiding potential disasters. With over 100 million users, ChatGPT is the fastest-growing consumer application of all time. Schumer emphasizes the importance of strong legislation to ensure proper use of AI.

. Amazon's groundbreaking Bedrock AI service has the potential to take on tech giant competitors such as Google and OpenAI's Generative AI models. Bedrock provides a secure serverless experience to AWS users, allowing them to use Foundation Models and Amazon's own in-house Titan Duo to create AI applications.Third-party models like Anthropic's Claude and Stability AI's text-to-image-generator Stable Diffusion can also be used by customers. With Amazon's focus on data security, users can easily deploy AI-based apps with confidence.

This article discusses how Generative AI, or GPT-3, can reduce the workweek to four days and how this could revolutionize the labor market. The conversation was headed by Christopher Pissarides, a Nobel Prize-winning economist and professor at the London School of Economics. Ed Ludlow and Caroline Hyde interviewed Pissarides to discuss his research and views on how this technology could alter labor markets. Professor Pissarides shares his unique insight as a Nobel Memorial Prize in Economic Sciences in 2010, as well as a Fellow of the British Academy, British Academy of Social Sciences and Royal Society. His research and views on Generative AI have the potential to revolutionize the global economy.