The U.S. Federal Trade Commission (FTC) will keep a close eye on potential anticompetitive behaviors by Big Tech firms in the AI space, according to Chair Lina Khan. Because machine learning relies on large amounts of data and storage, the FTC needs "to be very vigilant to make sure that this is not just another site for big companies to become bigger," Khan said. More: - Speaking during an antitrust conference today, Khan said she is concerned that large AI companies may end up using anticompetitive tactics to maintain dominance in the industry.
- Khan warned that companies should be careful not to overstate or oversell what their AI products and services can do.
- "Sometimes we see claims that are not fully vetted or not really reflecting how these technologies work," Khan said,
- As a result, AI developers could be held liable if their AI technologies are "designed to deceive," she added.
Zoom out: - The FTC, which enforces U.S. antitrust laws along with the U.S. Department of Justice, released an update last month warning marketers and advertisers to keep their AI product claims "in check."
- An FTC attorney said AI is a hot marketing term, and some advertisers can't "stop themselves from overusing and abusing" such terms.
- The FTC says businesses should consider if their products actually use AI and should know they cannot get away with "baseless claims" that a product is AI-powered.
THE WALL STREET JOURNAL 
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Pope Francis said AI's potential to contribute positively to humanity would only occur if there is "a constant and consistent commitment" by developers to behave responsibly and ethically and responsibly. The Pope delivered the remarks during the "Minerva Dialogues" meeting at the Vatican on Monday. More: - Francis told attendees that he is convinced that AI/ML's development has the "potential to contribute in a positive way to the future of humanity."
- However, its potential can only be realized if those developing AI are committed to ethical and responsible behaviors, he said.
- "It is reassuring to know that many people in these fields are working to ensure that technology remains human-centered, ethically grounded, and directed toward the good."
- Francis also warned that people should maintain caution regarding data-processing algorithms that purport to measure "an individual's makeup and prior behavior. "
- "We cannot allow algorithms to limit or condition respect for human dignity," the Pope said, "Or to exclude compassion, mercy, forgiveness, and above all, the hope that people are able to change."
Related: - Meanwhile, an AI-generated image of the Pope wearing a white puffy jacket has gone viral online.
- The fake image was reportedly created using Midjourney, which recently released an updated version of its AI text-to-image generator.
VATICAN NEWS
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Apple quietly acquired WaveOne, a startup that worked on AI algorithms for video compression, for an undisclosed sum. Former WaveOne executive Bob Stankosh confirmed that the company was sold to Apple earlier this year. More: - WaveOne's research focused on a machine learning algorithm for "content-aware" video compression and decompression.
- The company used object and scene detection to understand the content in each video frame and prioritize certain elements, such as human faces, over others.
- It's expected that Apple will utilize the technology to make its streaming services more efficient, saving on bandwidth costs and/or delivering higher framerates and resolutions for certain content.
- While Apple has yet to confirm the deal, it appears that WaveOne's co-founder and several of its employees are now working within Apple's machine learning teams.
- Prior to the takeover, WaveOne had raised $9M from investors, including Khosla Ventures, Vela Partners, and Blue Ivy.
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Zoom is partnering with OpenAI to bring more AI features to its video conferencing app. The company is adding AI-powered meeting summaries and more to its Zoom IQ smart companion to its platform. More: - The feature automatically provides summaries of meetings, including sessions that a user missed.
- The AI capability also posts the meeting recaps on Zoom Team Chat
- The platform is also adding AI chat compose and email compose, which rely on generative AI to write messages and generate responses to colleagues.
- The AI features will open up to "select customers" on an invite-only basis starting in April. It also plans to introduce some of the meeting summary features on a broader basis.
Zoom out: - Earlier this month, Salesforce announced that it's bringing ChatGPT to Slack, its workplace messaging platform.
- The AI app can summarize conversation threads and respond to queries. Slack users can use it to draft replies to co-workers "in seconds."
THE VERGE
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Levi Strauss & Co. said it has joined forces with digital fashion studio Lalaland.ai to test out AI-generated clothing models. Levi's said the AI models will supplement human models in order to support its diversity and inclusion initiatives. More: - The AI models will allow Levi's to display clothing on a greater diversity of models in a more sustainable fashion.
- For example, it could show off what a pair of jeans could look like on different models of varying body types, sizes, and skin tones.
- The AI-generated models will be used alongside human models to possibly "expand the number of models per product," a Levi's spokesperson said.
- To accomplish this, the company has hired Amsterdam-based Lalaland.ai, which specializes in creating "hyper-realistic models" of many sizes and skin tones.
- Levi's claims that "AI will likely never fully replace human models for us."
Zoom out: - A year ago, Walmart introduced a tool powered by AI and computer vision that allows shoppers to view how clothing looks on models of similar height, shape, and skin tone.
- The "Choose My Model" tool is the first product to come out of Walmart's purchase of Israel-based startup Zeekit, which uses AI to demonstrate how customers would look in clothing that they are about to purchase.
PC MAG
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AI Events and Conferences: - Memory Con: March 28-29, Mountain View, California.
- Future of Chatbots and Conversational AI Summit 3rd Edition: April 18, London, U.K.
- Future of Chatbots and Conversational AI Summit U.S. Edition: April 18, Austin, Texas.
- World Summit AI Americas: April 19-20, Montreal, Canada.
- AI and Big Data Expo North America: May 17-18, Santa Clara, California.
- AI World Congress 2023: June 7-8, London.
- Data Science Salon: Applying AI & Machine Learning to Media & Advertising: June 8, New York City and virtual.
- Big Data and Analytics Summit Canada: June 13-14, Toronto.
- Ai4 2023: Aug. 7-9, Las Vegas, Nevada.
- AI Hardware Summit: Sept. 12-14, Santa Clara, California.
- Edge AI Summit: Sept.12-14, Santa Clara, California.
- AI & Big Data Expo Global 2023: Nov. 30-Dec. 1, Olympia, London.
- The AI Summit New York: Dec. 6-7, New York City.
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- AI company iCad, a developer of AI-enabled 3D mammography software, is laying off 23 employees or 28% of its workforce as part of a restructuring, according to an SEC filing.
- Microsoft has threatened to cut off rivals' access to its Bing web search index if the competitors don't stop using the data to feed their AI chatbots.
- AI-powered life sciences digital marketplace Labviva has secured $20M in a Series A funding round led by Biospring Partners.
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Upcoming Events: - March 27 - Inside Interview with Zscaler - Zero Trust Defense Strategies to Take Your Security to the Next Level (Watch On Demand)
- March 28 - Inside Startups Coffee Break (Register Here)
- March 30 - A panel on how CTOs balance and prioritize NFRs into their roadmaps (Register Here) *
- March 30 - Paid Media Framework: A Proven System for Successful Ad Campaigns w/ Devin Littlefield (Market Vantage) (Register Here)
- April 13 - Inside Interview with Lacework - The Evolution of Cloud Security w/ Ulfar Erlingsson (Watch On Demand)
- April 18 - Human Resources Summit'23 (Register Here)
*This is a sponsored listing.
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 |  | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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