Tech

Would you trust ‘AI’ to invest your money?

Published

6 months ago

June 20, 2023

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U.S. regulators are weighing whether to require financial companies to register ‘AI’ robo-advisors as money managers.

The use of Artificial Intelligence seems to be branching out into nearly every corner of our lives.

Now, robo-advisors are acting as money managers and want to help you invest your money.

Is this a way to work smarter, not harder—or a real danger to humanity?

U.S. regulators are weighing whether to require financial companies to register ‘AI’ robo-advisors as money managers.

JPMorgan recently disclosed that it has been working on software similar to the AI-powered ChatGPT that would help make investment choices for clients.

While the industry has been exploring how to lure consumers through new technological advancements—how far is too far?

That’s a question, the U.S. Securities and Exchange Commission (SEC) is asking. The SEC Chair Gary Gensler has tasked his staff with issuing recommendations of how to handle conflicts of interest in using predictive data tools.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins us to discuss. #sec #ai #artificialintelligence #GaryGensler #veronicadudo #OzSultan #JPMorgan

Related Topics:AI ArtificialIntelligence GaryGensler JPMorgan ozsultan sec veronicadudo

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AI in the modern economy

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24 hours ago

December 8, 2023

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Unraveling the impact of AI: unprecedented economic growth or unforeseen challenges on the horizon?

In an era dominated by technological advancements, AI is spearheading a revolution in the modern economy, providing innovation, enhancing efficiency, and transforming industries.

But is the development of AI bringing positive change, or are there challenges we haven’t seen coming?

Denver Naidoo, CTO and co-founder of AI workforce provider Zeligate explores the ups and downs of AI in the modern economy.

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Rising cybercrime spurs push for stronger cybersecurity measures

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1 day ago

December 8, 2023

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Increased cybercrime reports highlight urgent need for threat detection and response tools

In a concerning trend, cybercrime reports have witnessed a sharp increase that has signalled a growing concern in the digital landscape, particularly within businesses.

The surge in reports emphasises the pressing need for organisations and individuals alike to adopt and deploy real-time threat detection and response tools more promptly, as the battle against evolving online threats intensifies.

David Peterson from Confluent talks in-depth on the subject of Cybersecurity and how businesses can take a more proactive strategy and preempt cybercrime.

Tech

AMD unveils advanced chips with lighting AI training speed

Published

2 days ago

December 7, 2023

ticker NEWS

Advanced Micro Devices (AMD) has launched a series of cutting-edge chips designed to supercharge the speed of artificial intelligence (AI) training.

With an emphasis on faster processing and improved efficiency, these new chips are set to redefine the capabilities of AI-driven applications across various industries.

The latest AMD chips boast an innovative architecture that significantly enhances the performance of AI training tasks, ranging from machine learning algorithms to neural network simulations.

This development addresses a critical need in the rapidly evolving field of AI, where speed and efficiency are paramount for handling complex computations and accelerating breakthroughs in research and development.

These chips are poised to revolutionise the landscape of AI-powered technologies, offering a competitive edge to businesses and researchers alike.

The enhanced processing power enables quicker training of AI models, unlocking the potential for more sophisticated applications such as advanced image recognition, natural language processing, and autonomous systems. As industries continue to embrace AI, the release of these chips underscores AMD’s commitment to pushing the boundaries of technology.

In the race to dominate the AI hardware market, AMD’s latest release positions the company as a formidable player alongside industry giants. As demand for faster and more efficient AI solutions grows, the impact of these chips on the development and deployment of AI applications is expected to be substantial.

The unveiling of these advanced chips not only marks a significant milestone for AMD but also signals a new era in the evolution of AI technologies.