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Today we will discuss-

• 🔦Summit for democracy spotlights AI, deepfake threats

• 🤕UK businesses not ready for AI, says Microsoft

•  😳Study shows hackers can eavesdrop on ChatGPT

• ⚙️9 amazing AI tools you might not have heard of

All this and more - Let's dive in!

👩‍🍳What’s cooking in the newsroom?

South Korean President highlights AI risks to democracy at international summit

🎙️News - On Monday, South Korean President Yoon Suk-yeol said that fake news and disinformation propagated through AI and digital technology pose significant threats to democracy. He made the statement during a gathering of high-ranking officials from various countries, including Britain, the EU, and the United States. 

👨‍💼For context - South Korea is hosting the third Summit for Democracy conference, an initiative launched by U.S. President Joe Biden to tackle democratic decline and rights erosion. The main focus of the three-day event is digital threats to democracy and exploring how technology can promote democracy and universal human rights. 

🗣️Here's what other officials had to say - U.S. Secretary of State Antony Blinken stressed the need to use technology to protect democratic values against authoritarian regimes' attempts to undermine democracy and human rights. He emphasized the significance of the year 2024 as an "extraordinary election year," warning about the risks of disinformation and falsehoods online. Additionally, Blinken reiterated the U.S.'s accusations that Russia and China are behind global campaigns aimed at manipulating information. 

Some European officials also accused Russia of using AI for disinformation campaigns. Vera Jourova, Vice-President of the European Commission for Values and Transparency, remarked that 2024 is an election year around the globe and highlighted threats such as disinformation campaigns from the Kremlin among other actors. Furthermore, Robert Kupiecki, an undersecretary of state at Poland's foreign ministry, criticized Russia's use of social media, deepfake technology, and bots to spread propaganda, describing it as even worse than their actions in the ongoing invasion of Ukraine.

Cybersecurity weakness leaves majority of UK businesses unprepared for AI era

💂‍♂️News - According to a new Microsoft report, 87% of businesses in the UK are ill-prepared for the AI era, largely due to their susceptibility to cyberattacks.

Microsoft collaborated with researchers from Goldsmiths, University of London to assess the cyber security landscape in both the private and public sectors of the UK. The resulting report highlighted that 48% of UK organizations are vulnerable to cyber attacks, while an additional 39% are at high risk.

🧐What's more? 

• The study found that only 27% of UK businesses are currently using AI to strengthen their cyber security. 

• It emphasized the importance for companies to increase their use of AI in their defense strategies to counter hackers who are increasingly relying on AI to enhance the effectiveness and frequency of their attacks.

• The report highlighted that cyberattacks currently cost the UK an estimated £87 billion every year. It further noted that investments in integrating AI into cyber defenses could contribute £52 billion back into the UK economy due to the increased resilience AI can provide.

• The report concluded that the UK must address the aforementioned issue to fulfill its ambition of becoming a 'global AI superpower' within the next 10 years. To this end, it outlined five opportunities for the UK, such as providing greater support for AI adoption in the cybersecurity sector and offering more guidance on AI implementation.

Hackers can easily read your ChatGPT conversations, study finds

😲News - A recent study conducted by researchers at Ben-Gurion University in Israel has found that vulnerabilities present in various AI chatbots could allow malicious individuals to spy on user conversations.

🤔How? The study revealed that people on the same Wi-Fi or local network, as well as remote attackers, can secretly intercept and monitor conversations. These exploits, termed "side-channel attacks" in the research report, involve gathering data passively through metadata or other indirect methods rather than directly breaching security measures.

For those who don't know, side-channel attacks exploit weaknesses in encryption methods instead of directly breaching firewalls like traditional hacks. Despite efforts by AI developers such as OpenAI to encrypt data, the researchers found flaws in their encryption setup, making message content vulnerable to interception.

Here it's worth mentioning that although side-channel attacks are typically less invasive, they still pose serious risks. The researchers were able to accurately guess chat prompts 55 percent of the time, showing how sensitive topics could be easily discovered by malicious actors.

🥴What's the conclusion? While the study primarily examined OpenAI's encryption practices, it found that most chatbots, except for Google's Gemini, are susceptible to similar vulnerabilities.

Moreover, as discussions about AI ethics and privacy become more heated, these results emphasize the importance of implementing strong security measures to safeguard users' privacy for AI-powered interactions.

🙆🏻‍♀️What else is happening?

• Japan considering legally binding regulations for AI developers

• xAI open-sources base model of Grok, but without any training code

• Apple in talks to let Google's Gemini power iPhone AI features

• Nvidia AI developer conference kicks off with new chips in focus

• Qualcomm debuts AI-focused Snapdragon 8s Gen 3 chip

💡Interesting facts

• The idea of artificial intelligence was first conceptualized in the 1600s by Gottfried Wilhelm Leibniz, a German mathematician and philosopher. Leibniz believed that it was possible to create a machine that could think like a human being.

• In 2020, researchers at Cornell University developed a self-healing robot that could detect and repair damage to its own body. The robot was made of a soft, flexible material that was embedded with sensors.

• Studies have shown that most people find female voices to be more pleasant and polite than male voices. This is why most voice assistants, such as Alexa and Siri, use female voices.

👩🏼‍🚒Discover mind-blowing AI tools

1. bardeen - A tool that automates tasks that you perform manually, such as taking notes, creating reports or sending messages - saving you time ($10/month)

2. Quino - A tool that allows users to upload any document or research paper, and generate personalized notes ($6/month)

3. Wisecut - An automatic video editing software that uses AI and voice recognition to edit videos ($10/month) 

4. Anyword - An AI copywriting tool that helps performance marketers generate and optimize their copy to get more conversions and drive more sales ($39/month)

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

6. BigJPG - A tool that allows images to be enlarged without losing quality (Free up to 5MB) 

7. Krisp - An AI-powered noise cancellation tool for Mac and Windows (Free upto 60 minutes/day) 

8. promptoMANIA - A prompt builder that helps users become a CF Spark, Midjourney, or Stable Diffusion master (Free)

9. Musicfy - Music tool that enables users to create their own covers of popular songs ($9/month) 

✨Mythbuster

Myth - AI poses a threat to national security

Fact - The myth that AI poses a threat to national security is largely unfounded. While there are some potential risks associated with AI, it is unlikely that these risks will materialize in the near future. In fact, AI is more likely to be used to enhance national security than to threaten it.