Takeaways from Biden's AI meet

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Today we will discuss-

• 🤝Biden's important meeting with AI experts

• 🚀Integration of IBM Watson AI into SAP solutions

• 📋Popular German tabloid to replace editorial jobs with AI

All this and more - Let's dive in!

👨‍🍳What’s cooking in the newsroom

President Biden meets with AI experts to discuss its risks and benefits

☕News - President Biden met with AI experts in San Francisco to discuss the potential risks and benefits of artificial intelligence.

He said that AI has the potential to revolutionize many aspects of our lives, but it also poses some risks, such as fueling disinformation and job losses. Biden wants to make sure that the United States is prepared to manage these risks and reap the benefits of AI.

🤷Who were these AI experts though? Biden's meeting on Tuesday included Tristan Harris, executive director of the Center for Humane Technology, Algorithmic Justice League founder Joy Buolamwini and Stanford University Professor Rob Reich.

The fact that Biden met with these three experts is a sign that he is taking the issue of AI ethics seriously. These experts are all well-respected in the field, and their insights will be valuable to Biden as he develops a national AI strategy.

🧙Has Biden taken any step toward regulating AI yet? In 2021, the Biden administration released a framework and in 2022, Biden signed an executive order to root out bias and promote equity in AI.

SAP taps IBM Watson to power AI-driven insights for businesses

🗞️News - SAP and IBM are partnering to bring AI to SAP's solutions. This will help SAP customers improve their user experiences, decision-making, and productivity.

For example, if an employee has a question about a customer order, they can ask IBM Watson and get an answer quickly. IBM Watson can also automate tasks like updating customer records or generating reports.

📻What’s more? SAP is going to use IBM's AI technology to make their digital assistant in SAP Start even better. SAP Start is like a central hub for all of your SAP cloud solutions. It's like a library for your apps, where you can find all of the information you need in one place.

📜For context - SAP is a German multinational software corporation that develops enterprise software to help businesses manage their operations and processes. SAP's software is used by businesses of all sizes and industries, including manufacturing, retail, healthcare, and financial services.

German tabloid Bild to replace editors with AI in cost-cutting move

♨️News - Germany’s Bild tabloid, the biggest-selling newspaper in Europe, plans to use artificial intelligence to automate a number of news reporting jobs as part of a cost-saving program worth €100 million.

The newspaper's parent company, Axel Springer, has said that the move will allow Bild to "free up resources" for more creative and strategic work.

😵Further details - Bild plans to cut about 200 editorial jobs and reduce the number of regional editions it prints from 18 to 12.

The decision by Bild is the latest example of how AI is being used to automate tasks in the news industry. Other publishers, such as The New York Times and The Guardian, have also experimented with using AI to write headlines and summarize articles. However, it remains to be seen whether AI will be able to fully replace human journalists.

🤨The use of AI in journalism raises a number of ethical concerns. For example, there is a risk that AI could be used to generate biased or inaccurate news reports. Additionally, there is a question of whether AI can be used to replace the human judgment and creativity that are essential to good journalism.

🤔What else is happening?

• Cisco unveils game-changing AI supercomputer networking chips, tested by top cloud providers

• Microsoft unveils 13 billion parameter-powered AI model Orca

• U.S. lawmakers introduce National AI Commission Act

• AI chatbots like ChatGPT and Google Bard don’t meet EU law standards: Study

• Christopher Nolan discusses the dangers of AI and its potential to evade responsibility

🏆AI historic moments

• 1985: Geoffrey Hinton, David Rumelhart, and Ronald Williams publish "Learning Internal Representations by Error Propagation", a paper that introduces backpropagation, a technique for training neural networks.

• 1952: Arthur Samuel developed a checkers-playing program that could learn to play better by itself. This was the first example of a machine-learning program.

• 1981: The first expert system, MYCIN, was developed. MYCIN was designed to help physicians diagnose and treat meningitis.

• 2021: A computer program called AlphaFold was released that could predict the structure of proteins. This was a major breakthrough for AI, as it could help to improve our understanding of how proteins work and could lead to new drugs and treatments for diseases.

🤯 Discover mind-blowing AI tools

1. bardeen - AI tool that automates manual workflows, saves time and boosts creativity

2. Quino - A tool that allows users to upload any document or research paper, and generate personalized notes

3. Wisecut - Online automatic video editing software that uses AI and voice recognition to edit videos

4. Anyword - An AI copywriting tool that helps performance marketers generate and optimize their copy

5. Fathom - An AI meeting assistant that records, transcribes, highlights, and summarizes meetings

6. BigJPG - A tool to enhance images without losing quality

7. Krisp - An AI-powered noise cancellation tool for Mac and Windows

8. promptoMANIA - Helps users become a CF Spark, Midjourney, or Stable Diffusion master

9. Musicfy - Music tool that enables users to create their own covers of popular songs

10. Rokoko - Enables users to create more realistic and immersive animations

😎Mythbuster

Myth: AI will never be as empathetic as humans.

Fact: AI is already capable of being empathetic. For example, AI has been used to develop chatbots that can provide emotional support to people. As AI continues to develop, it is likely that it will become even more empathetic.