UK's new AI fear

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Today we will discuss-

• 🤩UN Security Council to discuss AI risks

• 👩‍🚀 California might lead the way in AI regulation

• 😱UK's AI adviser warns of job losses

• 💁‍♂️13 fantastic AI tools you might not have heard of

All this and more - Let's dive in!

👨‍🍳What’s cooking in the newsroom

UN Security Council to hold first formal discussion on the risks of AI

🗞️News - The United Nations Security Council will hold its first official meeting on artificial intelligence this week in New York City.

As the rotating president of the UN Security Council this month, Britain is seeking a global leadership role in AI regulation.

On Tuesday, Foreign Secretary James Cleverly will chair the first session on AI in the history of the UN Security Council. He will call for dialogue on the risks and opportunities of AI for international peace and security.

🤔What outcomes can we expect? - Well, the UN Security Council talk on AI is likely to produce a number of outcomes, including:

• A better understanding of the potential risks and benefits of AI for international peace and security.

• A commitment to work together to mitigate the risks and maximize the benefits of AI.

• Framework for international cooperation on AI regulation.

• A set of principles for the ethical development and use of AI.

The UN has been a vocal supporter of AI regulation. In June, UN Secretary-General Antonio Guterres expressed support for the creation of an international AI watchdog body similar to the International Atomic Energy Agency.

California Legislature is in a good position to lead AI regulation, experts suggest

👨‍⚖️News - With Congress unable to reach an agreement on AI regulation, some lawmakers and tech experts are hoping that California's legislature, which is seen as being more flexible, will take the lead.

In fact, Gov. Gavin Newsom has said he is taking a "deep dive" into AI. Last month, President Biden met privately with Newsom in San Francisco to discuss possible regulation.

🤶 Any reason behind high hopes from the California Legislature?

• The California Legislature is smaller than Congress and has a less complex set of rules. This means that it can be more responsive to change and pass laws quickly than Congress.

• California also has a long history of regulating the tech industry. The state has passed laws on a variety of issues, including privacy, data collection, and discrimination. This suggests that California is willing to take action to regulate new and emerging technologies.

• The state is home to a number of major tech companies. This means that the California Legislature has a vested interest in ensuring that AI is regulated in a way that is beneficial to the state's economy.

Protecting British jobs will be a challenge as AI becomes more advanced, says new AI adviser

☕News - The head of the UK government's AI taskforce has warned that protecting British jobs will be a challenge as artificial intelligence systems become more advanced in the coming years.

Ian Hogarth said that the world will need to fundamentally change the way people work as a result of AI. He also stated that there will be winners and losers "on a global basis in terms of where the jobs are as a result of AI."

😧 What’s more? Hogarth is concerned about the potential for AI to cause harm, such as wrongful arrests in law enforcement or the generation of malicious computer code that could lead to increased cybercrime.

The adviser says the new AI taskforce aims to help the government understand the risks associated with frontier AI systems and hold companies accountable for their use of the technology.

Hogarth acknowledged the benefits of AI but also opined that the warnings of AI's potential to become an existential threat should not be completely dismissed.

🧐What else is happening?

• AI is a $1 trillion investment opportunity but will be ‘biggest bubble of all time’ - Stability AI CEO

• Nearly half of UK generative AI users assume it always tells the truth: Report

• UN warns that implanting unregulated AI chips in your brain could threaten your mental privacy

• Meta introduces CM3leon: A generative AI model for text and images

• Intel backs Figure's Humanoid Robot with $9 Million investment

👩‍🏫Interesting facts about AI

• Sophia, a robot that looks and acts like a human, was granted citizenship in Saudi Arabia. This has sparked a debate about whether or not robots should have the same rights as humans.

• Netflix's personalized recommendation engine, which uses machine learning, has saved the company over $1 billion. This is because the engine helps Netflix to recommend content that users are more likely to watch, which in turn reduces churn and increases customer satisfaction.

• 77% of people utilize a machine's AI capabilities in one form or another, although only 33% are aware they are doing so.

 😵Discover mind-blowing AI tools

1. Threado - Community support tool that integrates with platforms like Slack and Discord to provide instant answers

2. KawaAI - An AI-powered tool that generates stunning anime characters

3. BandoFacile - An AI tool that simplifies and accelerates the process of applying for funding opportunities

4. SplitSong - An AI-powered tool that allows users to split songs into individual instrument tracks

5. GigaBrain - A browser extension that scans billions of comments from online discussion threads to provide users with real answers

6. Tavily - An AI-powered research platform that helps users conduct comprehensive and accurate research

7. Julius - A data analysis tool that allows users to connect their data sources and ask questions about their data

8. Hoku - It offers customized meal plans, exercise routines, and health programs based on individual health preferences

9. Ocoya - Helps people create and schedule content faster on social media

10. Suitmeup - An AI-powered website that generates realistic pictures of users wearing suits based on uploaded photos

11. SourceAI - A code generator powered by GPT-3 and Codex, a next-generation development technology

12. FotoFix - An AI-powered tool that can fix old and blurry images or enhance new ones

13. Gling - Automatically detects and cuts silences and bad takes from your raw footage

🌟Mythbuster

Myth - AI systems are expensive

Fact - The statement that AI systems are expensive is not entirely accurate. While the cost of AI systems has been high in the past, it has been declining in recent years due to a number of factors. These factors include the increasing availability of open-source AI tools and libraries, as well as the growth of cloud-based AI services.