#ai

House Democrats have initiated a working group dedicated to artificial intelligence (AI) with the aim to craft legislation surrounding this tech. The group, chaired by Representative Derek Kilmer, will explore leveraging AI for growth while ensuring job security for those impacted by AI advancements. A primary concern is the rise of AI-generated misinformation, especially deepfakes.

Dubai is launching an aggressive campaign to attract tech giants in artificial intelligence and Web3, offering hefty subsidies that could cover as much as 90% of commercial licensing fees. The Dubai International Financial Centre (DIFC) has been assigned the duty of issuing these licenses, and its executives look forward to engaging foreign businesses and investors with optimism.

A New Zealand supermarket’s AI-powered meal planning app has concocted unusual and even hazardous recipes. Developed by Pak ‘n’ Save, the app was meant to aid customers in creatively using leftover ingredients during the cost of living crisis. However, as users input a wider range of household items, the app offered increasingly questionable recommendations. Suggestions included a bleach “fresh breath” mocktail, ant-poison and glue sandwiches, “bleach-infused rice surprise,” and “methanol bliss” – a peculiar turpentine-flavored French toast.

In spite of increasing concerns among its creative workforce, Disney has established a specialized task force to study the applications of artificial intelligence within its different fields of work. The group aims to both pioneer in-house AI-based solutions and to bridge ties with novel startups, hoping to incorporate their pre-developed tech advancements.

China's provisional AI guidelines, termed "Generative AI Measures," take effect today. Among the 24 measures, AI service platforms must register and undergo security reviews before public launch. AI-generated content will need labels, and data must come from legitimate sources respecting intellectual property and user privacy. Service providers are accountable for content on their platforms.

"Soho House, an elite club where memberships are priced between $2450 and $4800. What I did was create an AI model of a woman (based on ChatGPT), a marketing expert, who would invite young and affluent men for business meetups." Success came without delay: "The AI's efforts resulted in approximately 30,000 men accepting the invitation, bringing in about $90 million, as all of them had to secure a membership." But that's not the end of Jack's endeavor; he aimed for personal gain: "The main thing is, I managed all of this within a week, precisely when the company was to disclose its 2023 second-quarter gains, and in doing so, I bought options valued at $50,000." In the end, Soho House's shares rose nearly 20%, and Jack's earnings were substantial.

In a joint effort to combat the growing phenomenon of AI-based music forgeries in the industry, companies are working together. Their main aim, though still in initial talks, is to develop a tool that would allow songs generated by artificial intelligence, emulating artists, to be created on legitimate grounds.