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AI 🎉 Friday Developments: Amazon, OpenAI, Forbes, and UK paper.

AI Spotlight Oct 27, 2023
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Happy Friday! Let's update today's AI news!

1/ 🖼️ Amazon launches AI-powered image generation tool for advertisers.
2/ 💡 OpenAI forms team to study AI risks.
3/ 🔎 Forbes' AI search engine.
4/ 📑 UK paper highlights AI risks.

For further details, let's keep reading! 👇

Welcome to today's AI news update. In this article, we will explore some of stories in AI, including Amazon's new AI-powered image generation tool for advertisers, OpenAI's new team to study AI risks, Forbes' new AI search engine, and a recent UK paper highlighting AI risks.
Stay tuned for more updates in the rapidly evolving world of AI!

1/ Amazon launches AI-powered image generation tool for advertisers. 🖼️

Amazon has released a new AI tool to help advertisers generate lifestyle product images for ads. The tool allows users to add a product and quickly conjure contextually relevant scenes. This is a game-changer for time-strapped advertisers, as it can significantly reduce the creative work required to create effective ad campaigns.

The tool is currently in beta testing, but Amazon plans to make it available to all advertisers in the near future. This is a significant development for the advertising industry, as it could make it easier and more affordable for businesses to create effective ad campaigns.

Amazon rolls out AI-powered image generation to help advertisers deliver a better ad experience for customers
New generative AI from Amazon enables advertisers to up their game and create more engaging ads.

2/ OpenAI forms team to study AI risks. 💡

OpenAI has formed a new team called Preparedness to study and mitigate the risks of future AI systems. The team will be led by Aleksander Madry, a renowned AI expert, and will focus on a wide range of risks, including the potential for AI to be used to create autonomous weapons and to manipulate people. OpenAI is also soliciting ideas from the community for risk studies, with a $25,000 prize and a job at Preparedness on the line for the top ten submissions.

The creation of the Preparedness team is a sign that OpenAI is taking the risks of AI very seriously. It is also a recognition that AI is developing rapidly and that we need to start thinking about how to mitigate the risks of this technology now.

OpenAI forms team to study ‘catastrophic’ AI risks, including nuclear threats | TechCrunch
AI has formed a new team, Preparedness, to study the ‘catastrophic risks’ that might be associated with future AI systems -- including nuclear risks.

3/ Forbes' AI search engine. 🔎

Forbes has launched a beta version of a generative AI search platform called Adelaide, which is built with Google Cloud to provide personalized searches for readers. Readers can ask specific questions or input general topic areas and get recommended articles about their query, along with a summarized answer to whatever they asked. Adelaide trained on Forbes stories but only covered the past 12 months of its news and list coverage.

Adelaide is still under development, but Forbes plans to expand its knowledge base to its entire archive, dating back to 1917.

Forbes now has its own AI search engine
Adelaide will help answer readers’ burning questions.

4/ UK paper highlights AI risks. 📑

The UK Government has released a paper on the capabilities and risks of frontier AI. The report identifies a range of potential dangers, including societal harms, misuse, and loss of control of AI systems. It also highlights the potential for generative AI to be exploited by terrorists and other non-state actors.

The report has been met with mixed reactions. Some experts have welcomed the government's focus on AI safety, while others have expressed concerns about the report's emphasis on the risks of AI.

The AI Safety Summit, which will be held next week, aims to foster healthy discussion around how to address the risks associated with frontier AI. The summit will cover a range of topics, including misuse of AI by non-state actors, the potential for AI systems to act autonomously contrary to human intentions, and the broader societal impacts of AI.

UK paper highlights AI risks ahead of global Safety Summit
The UK Government has unveiled a comprehensive paper addressing the capabilities and risks associated with frontier AI.

Conclusion:

AI has the potential to revolutionize our lives, but also poses significant risks. We need to invest in research and develop policies to mitigate these risks and ensure that AI is used for good.


Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.

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