Tag: Societal impact

Ensuring ethical and effective development of generative AI models - Discover the steps businesses must take to tackle biases and promote transparency in AI decision-making.

Chinese vendors are making a fortune selling AI chips at twice the price after US sanctions on China. But as Large Language Models continue to advance, ethical concerns such as hallucinations raise serious alarms.

Apple CEO Tim Cook voiced concerns over the societal impact of Artificial Intelligence, despite the promising potential of new AI-driven products like ChatGPT. Cook emphasized the ethical responsibility companies have in regulating themselves to mitigate the risks of social biases and misinformation caused by the powerful technology. Additionally, Apple's new iOS17 update will only be available for newer devices, signaling the fast pace of mobile phone technology.

Sam Altman speaks at the Education City Speaker Series about the potential benefits of AI in solving societal problems such as climate change and education. He discusses the risks and inequality surrounding AI and emphasizes the need for careful consideration. Learn about the impact of emerging technologies in shaping societies.

McKinsey predicts that AI tech could contribute $150bn to GCC economies – 9% of their GDP. Retail leads AI implementation, but challenges remain, say experts.