Daily AI News Digest - Sep 19, 2024

LinkedIn and AI Training

LinkedIn has been using user data to train AI models without explicit consent, raising privacy concerns. The platform's new privacy policy aims to provide more transparency, but users can only opt out of future AI training (Ars Technica).

CEOs expect AI to improve productivity, not replace humans

KPMG's latest U.S. CEO Outlook survey reveals that while AI is advancing rapidly, it is not expected to lead to widespread layoffs. Instead, AI is seen as a tool to enhance productivity and drive business growth (Marketplace).

Amazon's AI Assistant for Sellers

Amazon has introduced Amelia, an AI assistant designed to help third-party sellers manage their accounts and access sales data. This tool is part of Amazon's broader strategy to integrate AI across its retail operations, enhancing efficiency and user experience (NBC 5 Dallas-Fort Worth).

AI in Gaming: EA's Vision

Electronic Arts (EA) is leveraging generative AI to revolutionize user-generated content in gaming. By allowing players to create game levels, characters, and rules through simple prompts, EA aims to enhance the gaming experience and foster creativity (Game Rant).

IBM and Microsoft's New Experience Zones

IBM and Microsoft have opened new Experience Zones in Bucharest, Buffalo, and Leicester to help clients explore generative AI and hybrid cloud technologies. These zones aim to drive innovation across various industries, including financial services, healthcare, and manufacturing (Idaho State Journal).

How AI is impacting the creative industry

Art directors, copywriters, and other professionals are leveraging AI to generate text, imagery, and sound. Notably, AI-generated content has even won awards, signaling a shift in how creativity is perceived and executed (MIT Sloan Management Review).

Legislative Efforts to Enhance AI Literacy

In response to the rapid advancement of AI, Congresswoman Lisa Blunt Rochester and Representative Marc Molinaro have introduced the Consumers LEARN AI Act. This legislation aims to increase consumer awareness and confidence in using AI products and services, addressing a critical need for digital literacy (WGMD).

Generative AI in Software Development

Generative AI is becoming a powerful tool for software companies in Europe. It aids in content and code generation, personalization, and back-office task optimization, driving significant value and growth in the software development sector (Computerworld).

AI in Visual Sensing and Representation

AI is transforming visual data processing and analysis, particularly in fields like medicine. Techniques such as deep neural networks are enabling more accurate and efficient processing of images and videos, revolutionizing scientific disciplines (EE Times).

Energy-Efficient AI Chips

The market for energy-efficient AI chips is growing, driven by the need for sustainable and powerful AI solutions. ResearchVise's analysis highlights emerging trends and opportunities in this sector, offering valuable insights for businesses looking to innovate (WBLZ Media).

AI in Corporate Treasury

Generative AI and real-time data are expanding the toolkit for corporate treasurers. J.P. Morgan executives highlight how these technologies are transforming roles and responsibilities, making treasury operations more efficient and data-driven (PYMNTS.com).

Disclaimer: This newsletter is not investment advice even if it may contain financial results and/or opinions from individuals or publishers on investment decisions.