Tag: Tech industry

Apple's CEO Tim Cook is excited about AI-based tool ChatGPT, but employee usage is being regulated due to privacy concerns. OpenAI's CEO is lobbying for greater AI regulation to prevent issues such as bias and misinformation. Cook emphasizes ethical decision making is critical in AI's evolution. Apple's interest highlights the growing importance of AI, but ethical and regulatory frameworks must be explored to mitigate potential issues and support responsible decision-making.

OpenAI CEO confirms that the company has no plans to go public soon due to possible conflicts with investor expectations. As AI technology grows, Altman emphasizes the need for regulation and acknowledges its potential threat to jobs in various sectors. Altman's global tour includes visits to Qatar, India, and South Korea, where he will address the rapid growth of AI technology. The EU is currently working on laws to govern AI, requiring companies such as OpenAI to disclose copyrighted material used to train their systems, which Altman has not disclosed.

OpenAI, the AI research company backed by Microsoft, is exploring investment opportunities in Israel. The move comes as no surprise, given the country's reputation as a hub for tech innovation, with leading companies like Microsoft, Google, and Intel all having R&D centres there. OpenAI's focus on AI that benefits humanity means that their investments in Israel hold the promise of further innovation in the tech industry.

While the tech industry is investing heavily in generative AI, the cost of its massive computing power requirement and development is a major obstacle. Experts warn about the astronomical costs outweighing the benefits, serving as a warning for the industry to consider the long-term implications of AI's feasibility. Discover why AI may not be as promising and revolutionary as it seems.

OpenAI CEO Sam Altman is on a global tour, with a visit to India expected to boost collaboration and insight into its rapidly growing AI and tech market.