This AI art is worth $400k 😨

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Today we will be talking about-

  • 🤝UNIDO's AI alliance with Huawei

  • ⛔French employers hesitant to adopt AI

  • 👨‍💻Google cautions employees about chatbots

All this and more - Let's dive in!

🤷‍♀️What’s cooking in the newsroom

UNIDO, Huawei launch AI alliance to help industries go digital

☕News - The United Nations Industrial Development Organization (UNIDO) on 16 June announced that they will be working with Huawei and other international partners to establish a global alliance on AI.

The objective of this AI alliance would be to:

  • 😵Build a platform for collaboration - This means that the alliance will provide a forum for organizations to share ideas, resources, and expertise. This will help to accelerate the development and adoption of AI technologies for industry and manufacturing.

  • 🧐Promote knowledge sharing - The alliance will also promote knowledge sharing by hosting events, workshops, and training. It will help to ensure that organizations have the skills and knowledge they need to use AI effectively.

  • 👏Encourage innovation - It will promote innovation by funding research and development projects that are tailored to the specific needs of industry and manufacturing.

  • 📱Help businesses go digital - The AI Alliance will provide businesses with access to resources, connect enterprises with each other, and promote the responsible use of AI.

UNIDO chose to partner with Huawei because the company is a leading provider of AI solutions with a global reach and a commitment to open collaboration.

More than 50% of French employers not using AI, don't plan to in the future

🙅‍♂️News - A recent poll by France's job search agency Pôle Emploi found that more than half of French employers are not using artificial intelligence (AI) and do not plan to do so in the future.

😧But why is that the case?

  • Among those who do not use AI, 78% said their activity was incompatible with the technology.

  • A further one-third of employers who do not use AI said they lack the skills to use it, while nearly one in three said they do not have the financial means to invest in it.

  • Surprisingly, some 15% of employers who are not using AI said they were afraid of the technology.

🤔What other information did the report provide?

  • Approximately 35% of employers reported that they were either already using AI or in the process of rolling it out in the workplace.

  • The poll revealed that companies with over 200 employees were more prone to using the technology.

  • Employers who used AI were very positive about its impact. In fact, 74% confessed that because of AI usage, there was a positive effect on the evolution of people's skill sets.

Google warns employees about the risks of using a chatbot

🎃News - Google is warning its employees not to enter confidential information into chatbots. The company is concerned that chatbots could be used to leak sensitive data, as they are often trained on large datasets of text and code.

The company is also advising its engineers to avoid using code that is generated by chatbots. Google says that this code could contain errors or vulnerabilities that could be exploited by hackers.

😸What’s more? Google's warning to its employees about the risks of using chatbots reflects the growing trend of corporations warning their employees about the security risks of using publicly-available chat programs.

In fact, a privacy notice by Google updated on June 1 also states: "Don’t include confidential or sensitive information in your Bard conversations."

Many tech companies, including Samsung, Amazon, and Deutsche Bank, have also warned their employees about the risks of using publicly-available chat programs.

🤡What else is happening?

💰Most expensive piece of AI art

Edmond de Belamy

The portrait “Edmond de Belamy” sold for US $432,500 at Christie’s auction house in New York City. It was created by a Paris-based art collective called Obvious using a type of AI called a Generative Adversarial Network (GAN).

The image features a man with a slightly out-of-focus face and a blob for a mouth. He is dressed in what seems to be a dark frock coat over a white-collared shirt. The overall style of the portrait is reminiscent of 18th-century portraiture, but the details are blurred and distorted.

Does the portrait look worth US $432,500 to you?

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🌟Technical jargon simplified

  • API stands for Application Programming Interface. It's like a waiter in a restaurant. The waiter takes your order and brings you your food. The waiter is the API, and the restaurant is the software program.

    APIs are used to connect different software programs together.

  • Cache is a temporary storage area that stores frequently accessed data or web pages to improve the speed and efficiency of retrieval.

  • Data mining is the process of discovering patterns, relationships, and insights from large volumes of data. It is like being a detective in a world of data. It's about using cool computer techniques to search through massive amounts of information and find hidden patterns, connections, and secrets.

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