Tag: Job Losses

Politicians in Congress must cautiously consider the proposed AI regulations by OpenAI CEO Sam Altman. Despite Altman’s warnings of potential “disastrous implications,” Congress must examine the implications of overregulation carefully. Adopting OpenAI’s suggested regulations could stifle the industry and limit consumer benefits. Think wisely, Congress.

"Cohere Inc., an Artificial Intelligence (AI) startup based in Toronto, is raising up to $250 million from multiple investors, including Inovia Capital, Index Ventures and Thomvest Ventures, potentially increasing its valuation to above $2 billion. Cohere provides an LLM platform to create, summarize and interpret text, which could be used in chatbots and search engines. The potential risks of AI technology has been acknowledged, and the investment could mean that Cohere has potential to compete with OpenAI, Alphabet Inc, and Anthropic."

This article discusses the increasing job losses in the tech industry due to ChatGPT and other artificial intelligence-based chatbots. Beamery, a global human capital management software-as-a-service company, has developed TalentGPT - a GPT (Generative Pre-Trained Transformer) to help tackle this problem. Sultan Saidov, the company's co-founder and president, believes in responsible automation to preserve jobs and make businesses more efficient.

. This article looks at the call to pause the development of AI systems like ChatGPT put forward recently by the Future of Life Institute (FLI). Sponsored by the Musk Foundation and signed by personalities from the tech industry including Elon Musk, the letter raises ethical questions about the effects of AI on humans including job automation, proliferation of propaganda and potential non-human minds outpacing humans. This has set the debate on whether we are controlling AI or vice-versa. The article also suggests that ethical boundaries need to be set in a world of emerging technology.

. Amazon and its CEO Andy Jassy are investing heavily in Artificial Intelligence (AI) to transform customer experiences. Bedrock is a service offered that allows businesses to use foundation models from Amazon, AI21 Labs, Anthropic and Stability AI. Despite the difficult year Amazon had in terms of macroeconomics, Jassy is optimistic and energized at what lies ahead. With these investments, Amazon's customers and shareholders are certain to benefit.