| |
Welcome to the Inside AI newsletter! Here are our top stories: - FEC eyes rules for AI and deepfakes in political campaigns ahead of 2024 elections.
- President Biden signs order to restrict U.S. investment in Chinese AI tech.
- Chinese internet giants rush to buy Nvidia chips.
If you find this newsletter useful, please share it with your friends and colleagues. Thank you. Beth p/beth-duckett | |
| 1 | | The Federal Election Commission (FEC) has moved closer to potentially regulating AI content in political ads. After voting today to open a petition for public comment, the process could lead to new rules on AI use in campaigns by year-end. More: - With the 2024 elections nearing, efforts are focused on creating guidelines before political campaigns further adopt AI.
- The petition was filed by Public Citizen, a consumer advocacy group that believes there is an urgent need to regulate deepfakes and other "deceptive" AI uses in election ads.
- On Thursday, the six-member FEC unanimously voted to consider the group's amended petition, which came after three Republicans previously blocked it in a 3-3 vote.
- After the petition reaches the federal register, there will be a 60-day period for public comments.
Zoom out: - In April, the Republican National Committee aired its first AI-generated video ad, which attacked President Biden.
- The 30-second ad depicted a dystopian future with a Chinese invasion of Taiwan and economic collapse if Biden were to be re-elected.
- In June, a pro-Ron DeSantis super PAC released a TV ad attacking former President Trump, using an AI-generated version of Trump's voice.
| | |
| 2 | | Around 70% of surveyed U.S. adults are "concerned" about AI use in healthcare as the technology gains wider adoption at hospitals and other clinics, a Morning Consult survey has found.  What the numbers say: Baby Boomers show the highest concern about AI at 77%, while Millennials and Gen Z were tied at 63%. Comfort levels differed depending on the task, with more willingness for AI to perform administrative work than direct medical services. Nearly 50% were comfortable having their medical appointments recorded and using AI for note-taking. Respondents were most uncomfortable using AI in surgical procedures. A strong majority – 75% – believe healthcare providers should notify patients before using AI. Why it matters: Though AI has potential benefits, such as improving breast cancer detection and aiding in colonoscopies, people remain cautious. In healthcare, privacy worries, algorithmic biases, and data ownership problems add new risks, given the sensitivity of personal health information. Where to see the impact: Hospitals like Mount Sinai in New York are investing heavily in AI software and education, viewing it as the future. Despite advancements in areas like AI transcription software and chatbots, some doctors and frontline workers are concerned about issues like incorrect diagnoses, patient data privacy, and job cuts. Earlier this week, Sen. Mark Warner pressed Google for more information about its medical chatbot "Med-PaLM 2," which is undergoing testing at hospitals like Mayo Clinic. In a letter, he questioned whether Google is "prioritizing the race to establish market share over patient well-being," as well as "skirting health privacy as it trained diagnostic models on sensitive health data without patients' knowledge or consent." | | |
| A message from our sponsor, Revelry. | | | Big ideas - big opportunities - demand additional support. Technology is evolving faster than ever, thanks to headline grabbers like AI. As your business considers new ways to compete, scale, and succeed in today’s digital world, companies like Revelry offer an alternative to recruiting, hiring, and training new FTEs. Look to them for expertise in: - Custom software / product development
- Engineering staff augmentation
- Digital strategy consulting
- Product organization development and coaching
See how Revelry’s Lean Agile process and Innovation Stack help engineering teams form and deliver 30-40% faster than industry averages. Find out how | |
|
| 3 | | President Biden signed an executive order restricting U.S. firms from investing in Chinese companies focused on areas like semiconductors, quantum computing, and AI technologies. The order, which goes into effect in 2024, targets U.S. venture capital and private equity investment. More: - According to the administration, the goal is to limit China's military tech upgrades through U.S. investments while keeping vital trade intact for both economies.
- The White House described the move as "narrowly targeted," saying it was meant to limit funding toward technologies "that pose the most acute national security risks."
- In response, the Chinese Ministry of Commerce stated that it has "serious concern" about the order and "reserves the right to take measures."
Zoom out: - DCM, a prominent Silicon Valley venture capital firm, told CNN that the new order will impact its investment approach, specifically in AI.
- The move comes as American investments in China dropped significantly in 2022.
- Rocky trade relations, ongoing geopolitical tensions, and lockdowns contributed to the exodus of U.S. private equity and venture capital last year.
 | | |
| 4 | | China's internet giants have rushed to order $5B worth of high-performance Nvidia chips crucial for generative AI systems, according to the Financial Times. In China, Nvidia currently sells the A800 processor, a weakened version of its A100 that was adapted to comply with U.S. export control rules. More: - Chinese firms are hoarding A800 chips amid efforts to offer cloud services and power AI training to replicate ChatGPT overseas.
- The stockpiling is tied to fears that U.S. export rules could eventually target less advanced AI chips, worsening the already-existing GPU shortage.
- According to FT sources, Baidu, ByteDance, Tencent, and Alibaba have ordered around 100,000 A800s worth $1B from Nvidia, set to be delivered this year.
- The companies also bought $4B worth of the GPUs for delivery in 2024.
Zoom out: - TikTok owner ByteDance has amassed over 10,000 Nvidia GPUs and placed orders for nearly 70,000 A800 chips worth around $700M, two insiders revealed.
| | |
| A message from our sponsor, Interview Kickstart. | | | Get & nail top tech interviews with Interview Kickstart NOISE: Everyone’s laying off. REALITY: 190000+ job openings for SDEs alone (Source: LinkedIn May 2023) Top tech companies are ALWAYS making critical hires by picking the best-prepared candidates. This is where Interview Kickstart makes a difference. - They've trained 15000+ SDEs, EMs, TPMs, and Analysts to ace tech interviews
- IK Alumni consistently land jobs at Amazon, Google, and top-tier companies (avg. salary hike: 66.5%)
- What sets them apart? Courses are taught by real Hiring Managers from top-tier companies like Google, Microsoft & Amazon
Join their next interview prep webinar (FREE) and learn how to effectively prepare for interviews in the current job market. Register Now | |
|
| 5 | Top media groups, including Gannett and the Associated Press, called on lawmakers to pass rules for greater copyright protection and transparency in AI. In an open letter, the news outlets said foundation models trained on news stories share information "without any consideration of, remuneration to, or attribution to the original creators." More: - The practice undermines the media's core business models, which depend on readership, subscriptions, advertising, and licensing, the groups wrote.
- The organizations said AI training on news stories violates copyright law, in addition to undermining their investments media coverage.
- They are seeking rules that would force AI companies to gain consent for copyright holders before using their data for training.
- They also want transparency around training datasets and the ability to negotiate with operators of AI models, among other requests.
Zoom out: - Meanwhile, AP and OpenAI recently reached a licensing deal for the ChatGPT maker to use AP news stories to train its AI models.
- In the two-year deal, OpenAI will license part of AP's text archive dating back to 1985 for its AI training. Alongside licensing fees, AP will also tap into OpenAI's technology and knowledge.
| | |
| 6 | | The Pentagon has established a task force to responsibly integrate generative AI tools across its operations. Headed by the Chief Digital and Artificial Intelligence Office (CDAO), Task Force Lima will partner with other federal agencies to explore GenAI applications and recommend ways to implement them responsibly. More: - The task force will assess the safe use of AI tools, uncover risks, and analyze potential harmful applications by countries like China.
- Other defense and intelligence community units will join in, according to a memo signed by Deputy Defense Secretary Kathleen Hicks.
- Hicks wrote that the focus remains on national security, minimizing risks, and responsible integration as the department navigates "the transformative power" of AI.
- The effort will be led by Craig Martell, the Pentagon's chief digital and AI officer and former head of machine learning at Lyft.
Zoom out: - As of 2021, the Defense Department had at least 685 active AI projects, including some linked to key weapons systems.
- Its fiscal 2024 budget proposal includes $1.8B for AI.
| | |
| 7 | | QUICK HITS - Wiz surveyed security orgs at hyper-scaling enterprises to uncover how they're adapting in 2023 and beyond. Cloud Security Workflow Handbook.*
- Amazon is introducing an AI tool for its marketplace sellers to automatically generate product listing copy.
- TikTok now requires creators to label AI-generated content by clicking on a toggle during video uploads, which prevents the content from being removed.
- Tome, an AI-based presentation design startup, is in discussions with investors to potentially raise $60M in new funding, aiming to double its valuation to around $600M, sources told The Information.
- Automated bots outperform humans in online Captcha tests, found researchers at the University of California, Irvine. Their study of popular websites with Captcha tests showed bots were faster and achieved higher accuracy (85% to 100%) than humans (50% to 85%).
- Join over 5,000 fast-growing companies around the world that trust Vanta to manage risk and prove security in real time. Inside readers get $1,000 off.*
*This is a sponsored post. | | |
| Upcoming Events | | AUG 5 | | Learn about streamlining SOC 2 compliance with Vanta and AWS. Join the webinar on Aug 17.* | | | | | | | OCT 16 | | Meet Our Fund 5, Building and Investing in AI | | | | | | | NOV 7 | | Join 300+ CCOs and senior leaders from Amex, Verizon, Hilton, Wells Fargo and more at Reuters Events: Customer Service & Experience East 2023.* | | | | | | * This is a sponsored event | | | |
Term of the Day Guest posting: Guest posting is the practice of writing content for another website with the purpose of driving traffic back to one's own website. Read More Question of the Week Do you think the 9-to-5 workday still relevant in today's modern workplace? Join the conversation |
INSIDE AI LEADERBOARD (7 DAYS) |
| AI and technology writer | | Beth is the curator and writer of the AI and Tech newsletters at Inside. With a career in journalism and editing that began in 2007, she has written for publications including USA Today, The Arizona Republic, Arizona Business Gazette, and more. You can reach her at Beth.Duckett@yahoo.com. | | This newsletter was edited by Aaron Crutchfield | |
| |
| |
|
| Don’t get left behind. Make the switch today to an exciting ML career with Interview Kickstart. | |
|
| |
Comments
Post a Comment