In a bold move to position itself at the forefront of the artificial intelligence revolution, New Jersey has introduced the “Next New Jersey Program.” This innovative initiative, established within the New Jersey Economic Development Authority, aims to attract significant investment in AI and related industries, create high-paying jobs and cement the Garden State’s status as … Read more
Artificial Intelligence is often touted as a potential solution to many of our world’s problems, including environmental challenges. However, as we embrace this powerful technology, it’s crucial to consider its potential negative impacts on our planet. This post explores the environmental downsides of AI, with a particular focus on its energy consumption. The Energy Hunger … Read more
Isaac Asimov, renowned for his science fiction works, introduced the “Three Laws of Robotics” as cornerstone ethical guidelines for artificial intelligence. These laws have significantly shaped discussions on AI ethics, offering a conceptual framework that continues to influence our understanding of the moral challenges posed by advanced technologies. Asimov’s Three Laws state: These laws have … Read more
Contracts are critical components of any M&A deal, governing various aspects such as liabilities, obligations, warranties and intellectual property rights. Analyzing these contracts manually can be time-consuming and error-prone. AI-powered contract analysis tools can offer several advantages in this regard: Efficient Review Process AI algorithms can quickly review large volumes of contracts, including purchase agreements, … Read more
Generative AI refers to artificial intelligence that can create human-like content, from pictures and videos to poetry and even computer code. To achieve this, several different techniques have emerged, mostly evolving over the last decade by building on foundations like deep learning, transformer models and neural networks. All generative AI models rely on data to … Read more
When we delve into the history of artificial intelligence, we usually focus on the scientists and engineers who developed the algorithms and hardware that power modern AI systems. However, the cultural foundations that shape our understanding and approach to AI have roots in unexpected places. One such influential figure is Fritz Lang, the visionary Austrian-American … Read more
The IRS has a massive volume of tax returns and financial data to analyze each year, making it impractical to manually review every single return for potential issues or discrepancies. AI and machine learning techniques allow the IRS to efficiently sift through this vast amount of data and identify high-risk returns or areas that warrant … Read more
The concept of leveraging artificial intelligence for artistic pursuits like poetry may seem paradoxical at first glance. How could cold, dispassionate algorithms possibly augment one of the most deeply human forms of emotional and creative expression? However, modern AI language models present opportunities for poets to expand their creative horizons in novel ways. Rather than … Read more
The US Department of Labor has issued a Field Assistance Bulletin on Artificial Intelligence and Automated Systems in the Workplace under the Fair Labor Standards Act and Other Federal Labor Standards. The key points in the Bulletin are as follows: In summary, the Field Assistance Bulletin emphasizes that employers cannot abdicate their responsibilities under federal … Read more
Artificial intelligence may seem like an overly complex tool to bring to bear on something like redesigning a paper clip or mousetrap. However, the capabilities of modern AI make it well-suited for this type of product optimization challenge. At its core, AI excels at identifying patterns in data, generating novel ideas based on those patterns … Read more
In the rapidly evolving landscape of artificial intelligence, a new breed of language technology is creating massive waves – large language models or LLMs. These cutting-edge AI systems are redefining the boundaries of what’s possible with machine-generated text. At their core, LLMs utilize machine learning techniques like transformers and self-attention mechanisms to analyze astronomical amounts … Read more
While AI offers promising opportunities for energy optimization and environmental benefits, its energy requirements and potential for contributing to greenhouse gas emissions must be carefully considered and addressed through responsible development and policy making. AI energy issues are a major consideration that deserve particular study. The training and operation of AI systems can be extremely … Read more
In a new call to action, the Biden administration is urging technology companies and other stakeholders to take voluntary measures to curb the rapidly growing issue of image-based sexual abuse, including abusive content generated using artificial intelligence. Recognizing that this form of gender-based violence disproportionately harms women, girls and LGBTQI+ people, the White House is … Read more
In a bizarre case of life imitating art, actress Scarlett Johansson finds herself in a battle with OpenAI over the AI company’s alleged unauthorized mimicking of her distinctive voice. Back in 2013, Johansson voiced an advanced AI virtual assistant named Samantha in the Spike Jonze film “Her,” playing a role that explored the future implications … Read more
Artificial Intelligence is poised to transform the pharmaceutical industry in profound ways. From the earliest stages of drug discovery to post-market surveillance, AI offers powerful tools and capabilities that can streamline processes, uncover novel insights and ultimately accelerate the development of safer and more effective medications. One of the most promising applications of AI in … Read more
Leveraging AI for targeted advertising is a powerful tool for small businesses to maximize their marketing impact and reach the right audiences. However, as exciting as this technology is, it must be implemented responsibly and with a strong emphasis on protecting consumer privacy and data rights. Striking the right balance is crucial for building trust … Read more
As a small startup in the world of artificial intelligence, the landscape can seem daunting. You’re going up against tech titans – deep-pocketed companies with thousands of engineers, unprecedented computing power, and a brand presence that dwarfs yours. How can a modern-day David possibly take on these Goliaths of AI? The answer lies in being … Read more
A new front has opened up in the ongoing battle between tech giants and content creators. Eight major daily newspapers owned by Alden Global Capital have sued OpenAI and Microsoft, accusing the tech behemoths of illegally using millions of copyrighted news articles to train their AI chatbots, including the ChatGPT and Microsoft’s Copilot. The lawsuit, … Read more
In the 20th century, nuclear technology was developed with the hopes of tapping into a powerful new energy source. However, its potential for catastrophic destruction as a weapon of mass destruction was realized with the atomic bombings of Hiroshima and Nagasaki during World War II, devastating the cities and causing immense loss of life. Despite … Read more
As the adoption of artificial intelligence continues to grow, its applications in the hiring process have garnered significant attention. While AI promises increased efficiency and objectivity, it’s crucial to recognize the potential pitfalls and drawbacks that come with relying too heavily on this technology. In this blog post, we’ll look at the disadvantages of using … Read more