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| 1 | | Apple is enhancing the iPhone's auto-correct feature with advanced AI capabilities. Announced during today's WWDC, the upgraded auto-correct will use powerful AI to more accurately predict the words and phrases users are most likely to write next. More: - The feature will learn from users' frequently-used words, including profanity, to personalize auto-correct over time.
- It's powered by a transformer language model, which will also improve the accuracy of speech typing.
- The upgrade is being introduced in iOS 17, the next version of the iPhone's operating system, which is expected to have its first public release in July, followed by a full release in September.
What else: - While the focus was on Apple's $3,500 mixed-reality headset, the company made some other AI-related announcements at WWDC.
- These include new live transcriptions of voicemails and a new Journal app, which uses on-device machine learning, for iOS 17.
- Specifically, the diary/journaling app will use AI to offer personalized suggestions and prompts to iPhone users based on their location, podcasts, music, workouts, and more.
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| 2 | | What happened: Artificial intelligence has already begun replacing human jobs, with nearly 4,000 positions lost last month due to the technology, according to a new report from Challenger, Gray & Christmas. While market conditions, cost-cutting, and other factors were listed as the primary causes of layoffs, AI was cited as a contributing factor for the first time. What the numbers say: According to the report, U.S. employers announced over 80,000 layoffs in May, a 20% increase from April. AI was responsible for around 5% of the job cuts, ranking as the seventh-highest contributor. What it means: The report didn't specify which companies were behind the AI-related job cuts. Andy Challenger, the recruiting firm's senior VP, expressed surprise at how rapidly AI technology was cited as a reason and acknowledged that many more job losses are expected. The big picture: Goldman Sachs predicted in a report that AI has the potential to replace around 300 million full-time jobs worldwide and impact nearly 20% of employment, with white-collar jobs being particularly hard hit. Analysts predict that the AI industry will surpass $1T in market value in the next five years, driven by technological advancements such as ChatGPT. 
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- Business Adoption: A 2020 survey from Gartner found that 59% of businesses have already implemented AI in some form, reflecting the broad adoption and trust in AI technologies.
- Impact on Economy: PwC estimated that AI could contribute up to $15.7 trillion to the global economy by 2030, a testament to the enormous economic potential of AI.
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| 3 | | During a meeting this week with U.S. President Joe Biden, U.K. Prime Minister Rishi Sunak plans to discuss AI's risks and a proposed "Cern for AI," according to FT. Sunak is also expected to raise the idea of a global AI regulatory body, potentially based on the International Atomic Energy Agency (IAEA). More: - Last week, Sunak said he thought the U.K. could "play a leadership role" in AI and is well-positioned to bring together allies in the effort.
- Insiders have suggested the country could be a host for a new international regulatory body. Sunak plans to host a global summit in London this fall to discuss international AI regulations.
- While Sunak hasn't endorsed any specific regulations, his two-day visit to Washington is expected to be an opportunity to explore ideas concerning AI rules.
- Both CERN and the IAEA have been cited as examples for a potential regulatory AI body as world leaders in the industry call for stricter regulation.
- Alongside AI, Sunak and Biden are expected to discuss the war in Ukraine, security, energy and climate change, trade, and other topics during their meeting on June 7-8.
Zoom out: - The update comes after U.S. and EU officials announced plans to release a voluntary "code of conduct" for AI.
- U.S. Secretary of State Antony Blinken said the allies agreed there's "fierce urgency" to adopt the code, which will be open to all "like-minded countries."
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| 4 | | European Commission deputy head Vera Jourova has called on companies deploying generative AI tools to label their content if their systems could potentially produce fake news and disinformation. Jourova, the commission's VP of values and transparency, urged AI companies to establish safeguards around these tools to prevent bad actors from spreading misinformation. More: - Jourova stressed the need for labels on AI-generated content, including text, photos, and videos, as AI brings about "fresh challenges for the fight against disinformation."
- In the meantime, the EU has a voluntary code along with its Digital Services Act (DSA) as tools to help fight online misinformation.
- In 2022, the EU strengthened its voluntary Code of Practice on Disinformation, which requires tech giants to make it easier for users to differentiate between factual and fictional content.
- Major companies like Google, Microsoft, and Meta Platforms have all signed the self-regulatory standard. In July, they're expected to report on their strategies to combat AI-generated misinformation.
- Starting in August, large online platforms, including Meta and Twitter, will also be required to identify deepfakes, or AI-manipulated images, audio, and video, under the EU's DSA.
Zoom out: - The EU is also developing the comprehensive AI Act to regulate AI across the region.
- Officials are urging generative AI developers to adopt a voluntary code of conduct as a temporary measure before the official law takes effect in the coming years.
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| 5 | | Zoom has launched generative AI-powered meeting summaries and Chat compose on a trial basis for select users. The features are included as part of Zoom IQ, the meeting platform's AI smart companion. More: - The first feature automatically provides summaries of meetings, including sessions that a user missed, and can also post the meeting recaps on Zoom Team Chat.
- In addition to the summaries, Zoom's IQ assistant already generates meeting highlights and chapters.
- The company is also introducing AI Chat compose, which relies on generative AI to draft chat messages and generate responses to colleagues based on context and tone.
- While the company taps user data to train its AI models, it does allow users to opt out of data sharing.
Zoom out: | | | |
| 6 | | AI Events and Conferences: - 2023 IEEE Conference on Artificial Intelligence (IEEE CAI): June 5-6, 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.
- Deep Learning World: June 18-22, Las Vegas.
- Ai4 2023: Aug. 7-9, Las Vegas.
- 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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- After engaging in talks with senior leadership in China, Elon Musk claims that Beijing plans to introduce regulations for AI.
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- Japan's minister of education, culture, sports, science, and technology has clarified that companies can take any data they choose to train generative AI programs for "information analysis." The statement implies that copyrights won't be enforced when it comes to AI training.
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 | AI and technology writer | | 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. | | This newsletter was edited by Aaron Crutchfield | |
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