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Tech Tune-Up: Artificial Intelligence and its Role in the Tax and … – CPAPracticeAdvisor.com

By Jasen Stine, David Bergstein, and Roman Kepczyk.

Artificial intelligence is everywhere and firms might be thinking how this will apply or make its way to the accounting and tax profession. The answer is that it already has and firms of every size should be taking advantage of the resources available to them, if they arent already.

On a recent episode of Intuits AccounTrends, hosts Jasen Stine and David Bergstein discussed the latest trends in technology with Roman Kepczyk, CPA, CITP, CGMA, PAFM and Director of Firm Technology Strategy for Right Networks. Ultimately, Kepczyk said the biggest trend in technology is far and away Artificial Intelligence (AI), which hes seeing built into anything and everything from toothbrushes to lawnmowers and baby strollers to cars and even in tools and applications for the tax and accounting industry, and professionals should take note because it is here to stay.

Artificial intelligence is one of the many results of the power of cloud computing. Both of these together are creating a global environment where people can create applications, bring clients together, connect remotely, and share real-time data. For accounting professionals, this means being able to connect with our clients in ways we havent been able to before remember the age of the flash drive?

Kepczyk remembers it well, but now relies on the cloud for any and all client work and communications. The cloud and AI tools are making relationship building, advisory services, and even compliance work much more efficient through e-signatures, data inputs, reporting, and more, allowing tax and accounting professionals more flexibility and time saving tools.

Kepczyk discusses how Intuits own role and use of AI is already helping tax and accounting professionals reconcile accounts, input data, create financial reports, and so much more. Soon, if not happening already, specialized AI will be put into every application and every hardware device as a sort of virtual assistant to help us with our day to day tasks limiting compliance work and making room for the coveted advisory services.

If tax and accounting firms arent already taking advantage of cloud computing, AI and other valuable technological resources, they should start and make sure they dont fall behind. Kepczyk calls the cloud the great democratizer as it offers the best technology at the enterprise level, which in turn allows major firms and small businesses to have access to the same resources and technologies to improve their businesses through processes, recruiting, and employee engagement.

Kepczyk sees the future of everything in the cloud, with AI as a great tool to facilitate compliance work and make sure tax and accounting professionals are as efficient and their data is as secure as possible.

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FedEx invests in artificial intelligence platform Vue.ai – Supply Chain Dive

FedEx has invested in artificial intelligence platform Vue.ai for an undisclosed amount, according to a July 11 news release.

With the investment, Vue.ai seeks to make smarter supply chains and become the single unifying AI platform for large enterprises to "build entire vertically integrated stacks that are relevant to their industry," the release said.

Vue.ai, owned by California-based Mad Street Den, is a general-purpose platform that provides a mix of applications leveraging AI and automation for businesses in retail and other industries. It has "a focus on enriching and extracting the most out of data, letting the AI decide which models get applied when for whom and by whom based on interaction with its users," the release said.

"FedEx is committed to creating smart logistics for all and this investment will be instrumental for both parties to achieve technological innovation that benefits global customers," said Kami Viswanathan, FedEx Express senior vice president of Middle East, Indian Subcontinent and Africa operations, in a statement.

The logistics giant made the investment in the platform through FedEx Innovation Lab. The initiative focuses on providing early-stage funding for startups in India, helping FedEx expand its digital capabilities globally and allowing it to "curate a meaningful portfolio of partners," according to a May news release.

FedEx is no stranger to exploring opportunities involving AI in supply chains. The company has had a multi-year partnership with Microsoft to create logistics solutions using data and AI, with the goal of making deliveries more efficient.

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Secretary-General’s remarks to the Security Council on Artificial … – United Nations

[Bilingual as delivered; scroll down for all-English]

Mr. President,Excellencies,

I thank the United Kingdom for convening the first debate on Artificial Intelligence ever held in this Council.

I have been following the development of AI for some time. Indeed, I told the General Assembly six years ago that AI would have a dramatic impact on sustainable development, the world of work, and the social fabric.

But like everyone here, I have been shocked and impressed by the newest form of AI, generative AI, which is a radical advance in its capabilities.

The speed and reach of this new technology in all its forms are utterly unprecedented.

It has been compared to the introduction of the printing press. But while it took more than fifty years for printed books to become widely available across Europe, ChatGPT reached 100 million users in just two months.

The finance industry estimates AI could contribute between $10 and $15 trillion US dollars to the global economy by 2030.

Almost every government, large company and organization in the world is working on an AI strategy.

But even its own designers have no idea where their stunning technological breakthrough may lead.

It is clear that AI will have an impact on every area of our lives including the three pillars of the United Nations.

It has the potential to turbocharge global development, from monitoring the climate crisis to breakthroughs in medical research.

It offers new potential to realize human rights, particularly to health and education.

But the High Commissioner for Human Rights has expressed alarm over evidence that AI can amplify bias, reinforce discrimination, and enable new levels of authoritarian surveillance.

Todays debate is an opportunity to consider the impact of Artificial Intelligence on peace and security where it is already raising political, legal, ethical, and humanitarian concerns.

I urge the Council to approach this technology with a sense of urgency, a global lens, and a learners mindset.

Because what we have seen is just the beginning.

Never again will technological innovation move as slow as it is moving today.

Mr. President,

AI is being put to work in connection with peace and security, including by the United Nations.

It is increasingly being used to identify patterns of violence, monitor ceasefires and more, helping to strengthen our peacekeeping, mediation and humanitarian efforts.

But AI tools can also be used by those with malicious intent.

AI models can help people to harm themselves and each other, at massive scale.

Lets be clear:

The malicious use of AI systems for terrorist, criminal or state purposes could cause horrific levels of death and destruction, widespread trauma, and deep psychological damage on an unimaginable scale.

AI-enabled cyberattacks are already targeting critical infrastructure and our own peacekeeping and humanitarian operations, causing great human suffering.

The technical and financial barriers to access are low including for criminals and terrorists.

Both military and non-military applications of AI could have very serious consequences for global peace and security.

The advent of generative AI could be a defining moment for disinformation and hate speech undermining truth, facts, and safety; adding a new dimension to the manipulation of human behaviour; and contributing to polarization and instability on a vast scale.

Deepfakes are just one new AI-enabled tool that, if unchecked, could have serious implications for peace and stability.

And the unforeseen consequences of some AI-enabled systems could create security risks by accident.

Look no further than social media. Tools and platforms that were designed to enhance human connection are now used to undermine elections, spread conspiracy theories, and incite hatred and violence.

Malfunctioning AI systems are another huge area of concern.

And the interaction between AI and nuclear weapons, biotechnology, neurotechnology, and robotics is deeply alarming.

Generative AI has enormous potential for good and evil at scale. Its creators themselves have warned that much bigger, potentially catastrophic and existential risks lie ahead.

Without action to address these risks, we are derelict in our responsibilities to present and future generations.

Monsieur le Prsident,

La communaut internationale a une longue histoire de rponses aux nouvelles technologies susceptibles de dstabiliser nos socits et nos conomies.

Nous avons joint nos efforts au sein de lONU pour tablir de nouvelles rgles internationales, signer de nouveaux traits et crer de nouveaux organismes mondiaux.

Si de nombreux pays ont prconis diffrentes mesures et initiatives relatives la gouvernance de lintelligence artificielle, une approche universelle est ncessaire.

Et les questions de gouvernance seront complexes divers gards :

Premirement, certains modles puissants dintelligence artificielle sont dores et dj largement accessibles au grand public.

Deuximement, et contrairement aux matires nuclaires et aux agents chimiques et biologiques, les outils dIA peuvent tre expdis partout dans le monde en laissant trs peu de traces.

Et troisimement, le rle de premier plan jou par le secteur priv dans le domaine de lIA a peu dquivalents dans dautres technologies stratgiques.

Mais nous avons dj des points de dpart.

Par exemple, les principes directeurs de 2018-2019 sur les systmes darmes ltaux autonomes, adopts dans le cadre de la Convention sur certaines armes classiques.

Je suis daccord avec les trs nombreux experts qui ont recommand linterdiction des armes autonomes ltales utilises sans contrle humain.

Nous disposons aussi des Recommandations sur lthique de lintelligence artificielle adoptes par lUNESCO en 2021.

Le Bureau de lutte contre le terrorisme, en collaboration avec lInstitut interrgional de recherche des Nations Unies sur la criminalit et la justice, a quant lui formul des recommandations sur la manire dont les tats Membres peuvent lutter contre lutilisation potentielle de lIA des fins terroristes.

Et les sommets "AI for Good" de l'Union internationale des tlcommunications ont rassembl des experts, le secteur priv, des institutions des Nations unies et des gouvernements autour defforts visant garantir que lIA serve le bien commun.

Mr. President,

The best approach would address existing challenges while also creating the capacity to monitor and respond to future risks. It should be flexible and adaptable, and consider technical, social and legal questions.

It should integrate the private sector, civil society, independent scientists and all those driving AI innovation.

The need for global standards and approaches makes the United Nations the ideal place for this to happen.

The Charters emphasis on protecting succeeding generations gives us a clear mandate to bring all stakeholders together around the collective mitigation of long-term global risks. AI poses just such a risk.

I therefore welcome calls from some Member States for the creation of a new United Nations entity to support collective efforts to govern this extraordinary technology, inspired by such models as the International Atomic Energy Agency, the International Civil Aviation Organization, or the Intergovernmental Panel on Climate Change.

The overarching goal of this body would be to support countries to maximize the benefits of AI for good, to mitigate existing and potential risks, and to establish and administer internationally-agreed mechanisms of monitoring and governance.

Lets be honest: There is a huge skills gap around AI in governments and other administrative and security structures that must be addressed at the national and global levels.

A new UN entity would gather expertise and put it at the disposal of the international community. And it could support collaboration on the research and development of AI tools to accelerate sustainable development.

Mr. President,

As a first step, I am convening a multistakeholder High-Level Advisory Board for Artificial Intelligence that will report back on the options for global AI governance, by the end of this year.

My upcoming Policy Brief on A New Agenda for Peace will also make recommendations on AI governance to Member States:

First, it will recommend that Member States develop national strategies on the responsible design, development and use of AI, consistent with their obligations under International Humanitarian Law and Human Rights Law.

Second, it will call on Member States to engage in a multilateral process to develop norms, rules and principles around military applications of AI, while ensuring the engagement of other relevant stakeholders.

Third, it will call on Member States to agree on a global framework to regulate and strengthen oversight mechanisms for the use of data-driven technology, including artificial intelligence, for counter-terrorism purposes.

The Policy Brief on a New Agenda for Peace will also call for negotiations to be concluded by 2026 on a legally-binding instrument to prohibit lethal autonomous weapons systems that function without human control or oversight, and which cannot be used in compliance with international humanitarian law.

I hope Member States will debate these options and decide on the best course of action to establish the AI governance mechanisms that are so urgently needed.

In addition to the recommendations of the New Agenda for Peace, I urge agreement on the general principle that human agency and control are essential for nuclear weapons and should never be withdrawn.

The Summit of the Future next year will be an ideal opportunity for decisions on many of these inter-related issues.

Mr. President,

I urge this Council to exercise leadership on Artificial Intelligence and show the way towards common measures for the transparency, accountability, and oversight of AI systems.

We must work together for AI that bridges social, digital, and economic divides, not one that pushes us further apart.

I urge you to join forces and build trust for peace and security.

We need a race to develop AI for good.

To develop AI that is reliable and safe and that can end poverty, banish hunger, cure cancer, and supercharge climate action;

AI that propels us towards the Sustainable Development Goals.

That is the race we need, and that is a race that is possible and achievable.

Thank you.

*************************************************************************

[All-English]

Mr. President,Excellencies,

I thank the United Kingdom for convening the first debate on Artificial Intelligence ever held in this Council.

I have been following the development of AI for some time. Indeed, I told the General Assembly six years ago that AI would have a dramatic impact on sustainable development, the world of work, and the social fabric.

But like everyone here, I have been shocked and impressed by the newest form of AI, generative AI, which is a radical advance in its capabilities.

The speed and reach of this new technology in all its forms are utterly unprecedented.

It has been compared to the introduction of the printing press. But while it took more than fifty years for printed books to become widely available across Europe, ChatGPT reached 100 million users in just two months.

The finance industry estimates AI could contribute between $10 and $15 trillion US dollars to the global economy by 2030.

Almost every government, large company and organization in the world is working on an AI strategy.

But even its own designers have no idea where their stunning technological breakthrough may lead.

It is clear that AI will have an impact on every area of our lives including the three pillars of the United Nations.

It has the potential to turbocharge global development, from monitoring the climate crisis to breakthroughs in medical research.

It offers new potential to realize human rights, particularly to health and education.

But the High Commissioner for Human Rights has expressed alarm over evidence that AI can amplify bias, reinforce discrimination, and enable new levels of authoritarian surveillance.

Todays debate is an opportunity to consider the impact of Artificial Intelligence on peace and security where it is already raising political, legal, ethical, and humanitarian concerns.

I urge the Council to approach this technology with a sense of urgency, a global lens, and a learners mindset.

Because what we have seen is just the beginning.

Never again will technological innovation move as slow as it is moving today.

Mr. President,

AI is being put to work in connection with peace and security, including by the United Nations.

It is increasingly being used to identify patterns of violence, monitor ceasefires and more, helping to strengthen our peacekeeping, mediation and humanitarian efforts.

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Artificial Intelligence in the Life Sciences Industry: Barriers and Motivators to the Adoption of AI into Workflows – Yahoo Finance

DUBLIN, July 24, 2023 /PRNewswire/ -- The "Perceptions of Artificial Intelligence in Life Sciences" report has been added to ResearchAndMarkets.com's offering.

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What is the future of life science AI? How important will AI be to the work life of scientists? What purpose will life science intelligence serve? What comes to mind when scientists think about AI? What is their level of trust in AI-based systems? What brands do they trust?

The analyst talked to over 400 Life Scientists about Artificial Intelligence in the Life Sciences sector. The analyst interviewed life science AI users, future users, and skeptics to answer these questions and provide a whole sense of the opinion of AI in life sciences. Academic life scientists and those in the pharma and biopharma fields were surveyed for this report. The report reflects the most current opinion on AI in life sciences.

For those who are current users of life science AI - what do they like about it? For those who are non-users or even skeptics - what's keeping them from using your product or AI-based enhancement? This is essential information for life science instrument companies and those developing technologies in the life science space. If you have resources or surveys broadly of AI users but have not conducted a life-science specific survey, this report is an essential tool.

This report will provide readers with:

General sentiment towards AI in the life science marketplace.

Applications in which AI is most used and where scientists see a need for AI.

Barriers and motivators to the adoption of AI into workflows.

Who scientists think are leading in life science AI among key organizations and brands developing AI or actively employing AI in their workflows.

The analyst designed an online quantitative survey to address the objectives.

The survey this report was based on was fielded to n=411 respondents, primarily members of the Science Advisory Board (SAB) - a segment of the scientific community with a demonstrated willingness to participate in market research activities.

Story continues

Key Topics Covered:

1. Study Overview and Objectives2. Executive Summary3. Demographics4. Overall Perceptions of AI5. Perceptions of AI in the Life Sciences6. Current Workflows Using AI7. Commercial Providers of AI Solutions8. Motivators and Barriers to Adoption9. Methodology

For more information about this report visit https://www.researchandmarkets.com/r/mlwdyy

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFor E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716

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The Impact of Artificial Intelligence on Learning at the University of … – Fagen wasanni

Artificial intelligence (AI) tools, like ChatGPT, have already started to transform the learning experience in classrooms at the University of Colorado Boulder. Faculty members from various departments are utilizing AI to enhance critical thinking skills and facilitate collaboration among students.

Professor Kirk Ambrose, the founding director of the Center for Teaching and Learning, believes that AI can be a valuable tool within and outside the classroom. He sees AI as a means of advancing student learning in a robust way by enabling conversations and collaborative activities.

Professor William Kuskin, Chair of the English department, acknowledges the potential benefits of AI but also emphasizes the need for caution in its usage. He points out that there is a risk of losing the ability to distinguish truth from falsehood if not properly instructed. However, Kuskin also sees the potential for a deeper understanding of writing and imagination through AI.

Associate Professor Kai Larsen, who has been teaching machine learning and business analytics, plans to incorporate AI into his upcoming class. He believes that AI, such as ChatGPT, can provide invaluable assistance to students in technical problem-solving. Its availability 24/7 and adaptability to students schedules make it a convenient support system.

The English Department is also exploring the role of AI in learning and coursework. Associate Teaching Professor Teresa Nugent has proposed courses on AI in writing, focusing on foundational writing principles and the impact of AI on those aspects. Nugent stresses the need for collaboration between faculty and students to navigate the challenges and opportunities presented by AI.

Despite the numerous benefits, there are ethical implications and concerns regarding AI. For instance, there is a risk of plagiarism when AI tools generate content on behalf of students. Instructors also need to consider how the use of AI might unintentionally create barriers for students with disabilities.

The issue of labor and the allocation of time for learning also arises. AI raises questions about where students should invest their effort for example, when to use AI tools for drafting papers versus engaging in a more traditional writing process.

When it comes to creating policies around AI, Katherine Eggert, Senior Vice Provost and Associate Vice Chancellor for Academic Planning and Assessment, believes that it should be left to the discretion of individual faculty members. She compares it to having a policy on using Google, which would be impractical.

While concerns about cheating exist, the universitys honor code already addresses plagiarism, encompassing the use of AI-powered writing technology. Cheating has always been a concern, and the introduction of AI does not fundamentally change that. Faculty members encourage students to experiment with AI while maintaining academic integrity.

The swift integration of AI into the classroom environment at the University of Colorado Boulder presents both opportunities and challenges. Faculty and students need to work together to navigate these new possibilities and ensure that AI is implemented in ways that truly benefit student learning outcomes.

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Artificial intelligence advances fuel industry trying to preserve loved ones after death – ABC News

When Justin Harrison suffered a nasty bout of strep throat two weeks ago, he said he received a barrage of text messages from his mom urging him to take better care of himself -- even though his mom is dead.

Harrison, who founded an AI company called You, Only Virtual in 2020 that creates chatbots modeled after deceased loved ones, was getting reprimanded by a digital version of his mom in the same way its real-life counterpart would have done so.

"I've got a virtual mom talking to me ad nauseam about more rest, asking why I'm not hydrating," Harrison, 40, told ABC News. "I was getting yelled at."

Harrison, who has communicated with the digital reproduction of his mom on a daily basis since she died in October at age 61, believes AI-driven chatbots will redefine how some deal with grief.

The industry faces formidable obstacles to building chatbots that accurately mimic a dead person and questions remain over issues like privacy and consent, experts said.

Moreover, generative AI tools like ChatGPT -- which scan text from across the internet and string words together based on statistical probability -- have displayed a propensity to share arbitrary, false or hateful speech, raising alarm about the personal and societal effects of noxious words delivered with the intimacy and authority of a deceased loved one, some experts added.

"You will not be reincarnating a relative with GPT-4," Gary Marcus, an emeritus professor at New York University and author of the book ''Rebooting AI," said in reference to the latest version of Chat-GPT. "These systems make stuff up all the time."

Still, the emergence of sophisticated AI-driven conversation programs brings a life-like product within closer reach, experts said.

For years, advances in the reproduction of audio and video have made digital copies of deceased people possible, said Mark Dredze, a professor of computer science at Johns Hopkins University who helped create a finance-oriented AI language model called BloombergGPT. He pointed to big-budget movies and TV shows that feature impeccable computer-generated images.

In recent seasons of the TV series, "The Mandalorian," for example, the creators depicted a youthful Luke Skywalker by digitally de-aging Mark Hamill, the actor who played the character in the 1970s "Star Wars" films, Dredze added. (The Walt Disney Company, the parent company of the studio that made "The Mandalorian," is also the parent company of ABC News.)

"That technology will eventually become cheaper and easier," Dredze said.

The remaining technical challenge, however, is the authenticity of the words coming out of a digital person's mouth -- something that newly improved conversation bots like ChatGPT can help create, Dredze said. "Is it the person?" he added. "Is this something that they would say?"

AI experts who spoke with ABC News said that success or failure on that score hinges upon the volume of data about the deceased loved one that the user enters into a given chatbot, keeping in mind the possibility that a chatbot could still offer up arbitrary or inaccurate information, regardless of the scale of training data.

"If you have massive amounts of text that somebody has produced, you can train a system on that and you'll capture in some sense someone's voice," Kristian Hammond, a professor of computer science at Northwestern University who studies AI, told ABC News.

The chatbot would still struggle to respond to novel or complicated topics, however, Hammond said. "It's a thing that looks like, sounds like and speaks like a loved one, but it doesn't have enough in the way of data to capture the point of view and the values of that loved one," he added.

You, Only Virtual addresses this challenge by focusing on communication between an individual living person and the deceased, thereby attempting to recreate their specific one-on-one dynamic, Harrison said.

"When you start thinking about the nuances of a holistic human being, it gets out of control," Harrison said. "I stared at five years of messages and recorded phone calls with my mom -- 3,800 pages. The amount of consistency through the entirety of it was staggering."

After scanning communication records such as text messages, emails and phone calls, You, Only Virtual says it creates a chatbot that can utter original responses in conversation with a user either through written chats or audio responses that mimic a deceased relative's voice, Harrison said.

The company, he added, aims to offer video-chat capability later this year and ultimately provide augmented-reality that allows for interaction with a three-dimensional projection.

Harrison rejected possible privacy concerns raised by the use of personal correspondence to build a chatbot without the consent of the deceased, noting that the user of the chatbot is the same person to whom the communications were initially sent.

"You absolutely don't need consent from someone who's dead," Harrison said. "My mom could've hated the idea but this is what I wanted and I'm alive."

The early-stage startup, which has eight employees, is poised to grow in part through improvements in generative AI, Harrison said.

"Everything that happens with helping the program get better at learning and quantifying information is good for us," Harrison said.

StoryFile, a company that says it has 40 employees and $10 million in annual revenue, offers an interactive version of deceased relatives by recording an hourslong question-and-answer session with the individual before his or her death, and in turn, attempting to create a reproduction that responds to prompts.

In this case, the virtual reproduction utters pre-recorded content in a real-life manner, said Stephen Smith, the CEO of StoryFile. If a topic falls outside a set of established discussion areas, however, the reproduction cannot respond. Currently, users speak with the digital loved one through interactive video but the company is developing the capacity for conversation with a 3D likeness, Smith said.

The company holds a "hard line" against the use of AI for generating original spoken content, which Smith said he finds "creepy and weird." (In response, Harrison defended such use of the technology. "By using natural language processing and generative AI, youre able to keep the process moving forward so its relevant, its topical and its fresh," Harrison said.)

Instead, StoryFile deploys an AI chatbot as the interviewer during the question-and-answer sessions, allowing the conversation to probe a vast range of topic expertise, said Smith, who previously led the University of Southern California's Shoah Foundation, which established an archive of oral testimony about the Holocaust.

"I'm an oral historian going, 'Jeez, I've wasted the last 30 years of my life,'" Smith said. "ChatGPT can do it as well as me."

To be sure, some experts doubted the progress for this industry afforded by language models like ChatGPT and warned of potential risks.

"They're trying to do the impossible," said Marcus, of New York University.

Generative AI sometimes responds to prompts with arbitrary or inaccurate information, Marcus added, posing a risk to users who may struggle to fully understand the limits of the technology when it performs as a reproduction of a deceased loved one.

"These models are good at tricking people that they're people but they're not," Marcus said. "It's kind of like a party trick doing some imitations but certainly not the real thing."

Meanwhile, the mental health effects of such products are being examined. Smith, of StoryFile, acknowledged that the immediate aftermath of a death may be too early for some people to see a virtual reproduction of a loved one, adding that the product preserves the legacy for ensuing generations.

You, Only Virtual says it works with a team of clinical psychologists and offers alternate resources on its website for people in a mental health crisis, Harrison said.

Elena Lister, a professor of clinical psychiatry at Weill Cornell Medical College, said digital reproductions of the deceased could cause harm if they push a grieving individual to withdraw from his or her life. However, she added, the grieving process varies widely.

"When someone dies in your life, you are just so hungry for more of them," Lister told ABC News. "This is an attempt to bridge that gap."

"When it comes to grieving, there is very little that is right or wrong," she added. "If something provides you with comfort, I would in no way say there's something bad about it."

Going further, Harrison said he hopes people no longer have to feel grief at all. He wishes he could've avoided the painful emotions that have accompanied the death of his mom, he said, even if the experience has brought about some personal growth.

"Have I learned to be more reliant on myself? That's good," Harrison said. "Was it worth losing my mom? No."

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Latest Developments in Generative Artificial Intelligence – Fagen wasanni

The Generative AI News (GAIN) rundown for July 20, 2023, delves into the recent advancements in the field of generative artificial intelligence. The article sheds light on Metas Llama 2, an open source and free tool in the LLM market, and discusses its potential impact. Additionally, it examines the alleged performance degradation of GPT-4, scrutinizing the research paper results and contemplating a potential rebuttal. The article also features insights into the winners and losers of the week in the generative AI sector.

Metas decision to make Llama 2, a tool in the LLM market, open source and free for commercial use, is anticipated to have profound implications for the industry. This move may democratize access to advanced language models and foster innovation.

Claims surrounding GPT-4s performance degradation have been circulating, prompting the article to analyze the research paper results and question the methodology employed. The possibility of a rebuttal is also explored, raising doubts about the alleged decline in performance.

Furthermore, the article highlights the winners and losers of the week in the generative AI space, offering valuable insights into the latest developments and industry trends. It provides readers with a comprehensive overview of the progress made in the field.

In addition to the aforementioned topics, the article also covers funding news in the industry. Cognaize secured $18 million to develop an enhanced LLM for the finance sector, while Preply closed a Series C funding round, raising $120 million and focusing on strengthening its AI capabilities. Moreover, SAPs investments in Aleph Alpha, Anthropic, and Cohere are mentioned.

To conclude, this article offers a comprehensive overview of the latest advancements in generative artificial intelligence. It examines the potential ramifications of Metas decision to open source Llama 2, scrutinizes the claims concerning GPT-4s performance degradation, and provides insights into the winners and losers of the week in the generative AI sector. The funding news and investments in the industry are also covered. For readers intrigued by these topics, the provided links offer avenues for further exploration.

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InvestmentPitch Media Video Discusses Reliq Healths Successful Integration of Artificial Intelligence and Machine Learning Solutions with Two of its…

InvestmentPitch Media and Reliq Health Technologies Inc.

VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) (OTCPink:RQHTF) (FSE:MHN2), a rapidly growing global healthcare technology company developing innovative Virtual Care solutions for the multibillion-dollar Healthcare market, has successfully deployed integrated Artificial Intelligence (AI) and Machine Learning (ML) solutions with two of its key iUGO Care customers.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

For more information, please view the InvestmentPitch Media video which provides additional news about the company. The video is available for viewing on InvestmentPitch or on YouTube. If the link is not available, please visit http://www.InvestmentPitch.com and enter Reliq in the search box.

Dr. Lisa Crossley, Reliq Health CEO, stated: Artificial Intelligence (AI) and Machine Learning (ML) are critical tools that allow healthcare providers to leverage the data they collect through our iUGO Care platform to provide predictive, proactive healthcare. Using AI and ML enables the iUGO Care platform to analyze large, complex data sets to improve decision-making, diagnosis and treatment by identifying patterns in patient data. The AI system is trained by having access to thousands of sets of remote patient monitoring data, which allows it recognize warning signs very early and predict which patients are at risk of potentially serious complications. This, in turn, allows clinicians to appropriately allocate resources to the most at-risk patients, and proactively respond before a patient becomes acutely ill. We have initially deployed the AI and ML functionality with two of our key customers, Just Heart Cardiovascular Group in Baltimore, MD and digiiMed in Puerto Rico, but it will be available to all iUGO Care users going forward.

Dr. Camellus O. Ezeugwu, Assistant Professor of Medicine, Johns Hopkins University School of Medicine and Medical Director at Just Heart Cardiovascular Group Inc., commented: Just Heart Cardiovascular Group is using Reliqs iUGO Care AI and ML capabilities to improve RPM adherence, and to develop a predictive model designed to slow heart failure progression, reduce hospitalization rates and decrease the annual cost of care. We have over four years of patient data that has been gathered using the iUGO Care platform, with tens of thousands of data points collected from a diverse population of cardiovascular patients. This data coupled with AI and ML allows us to leverage the power of the iUGO Care platform to provide cutting-edge care to our patients, improving health outcomes and quality of life.

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Jose Alvarez, CEO of digiiMed, added: digiiMed has been using Reliqs iUGO Care software and Care Management services for over three years now across multiple physician practices and Rural Health clinics. Reliq has been an invaluable partner in helping us to bring the latest advances in digital healthcare to Puerto Rico and the US Virgin Islands. The patients we have on the iUGO Care platform have improved health outcomes and reduced hospitalizations, and their healthcare providers enjoy increased revenues while simultaneously lowering the overall cost to deliver their virtual healthcare services. We have taken the next step in our evolution of providing the best healthcare at the lowest cost by utilizing iUGO Cares Artificial Intelligence and Machine Learning to analyze vast amounts of patient data to more accurately prioritize those patients who are most at risk of developing complications. The earlier our doctors can intervene with medication adjustments or virtual visits, the lower the chance of a patient developing a serious complication that leads to a hospital stay. It is very rewarding for our company to be able to bring next generation healthcare to Puerto Rico and the USVI through our partnership with Reliq Health.

The companys powerful iUGO CARE platform for care coordination and home healthcare integrates wearables, sensors, voice technology with intuitive mobile apps and desktop software for patients, families, clinicians, and healthcare administrators, allowing complex patients to receive high-quality care at home, improving health outcomes, enhancing the quality of life for patients and families, and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and emergency room visits.

The shares are trading at $0.55. For more information, please visit the companys website, http://www.ReliqHealth.com or email IR@ReliqHealth.com. Investor Relations in the United States is handled by Ben Shamsian of Lytham Partners, who can be reached at 649-829-9701 or by email at shamsian@LythamPartners.com.

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Artificial intelligence for the diagnosis of clinically significant prostate … – BMC Medicine

We proposed the PCAIDS, an AutoML-based model, for the prediction of csPCa based on quick and economic routinely performed clinical examinations. The PCAIDS incorporated multimodal and multidimensional data, including laboratory tests, imaging tests, and demographic data, revealing encouraging discriminative power with AUCs of 0.820 in the validation cohort and 0.807 and 0.850 in the two prospective test cohorts.

Compared with previous prediction models, such as the ERSPC-RC [14], PCPT-RC [15] and CPCC-RC [16], the PCAIDS, for the first time, evaluated over 100 multimodal features with AI-based algorithms. These features, including demographics, laboratory tests, and imaging examinations, were assessed by a series of AI algorithms. Among these AI algorithms, AutoML outperformed logistic regression, random forest, and XGBoost. AutoML has become a popular and efficient modeling tool for data science that uses k-fold cross-validation through varying optimization algorithms, such as grid search, random search, and genetic algorithm (GA), to scan different feature combinations, feature transformations, supervised algorithms, and their corresponding hyperparameter combinations implemented in AutoWEKA [17], Autogluon [18], AutoSklearn 2.0 [19], and TPOT, [20] thereby identifying the optimal machine learning pipeline.

Additionally, AI-based methods have the potential to analyze high-volume data and to discover nonlinear and interactive prediction information. For cancer diagnosis, there were huge possibilities that currently applied predictive models only included a proportion of effective predictors. Although the application of AI-based methods may not always outperform linear models, the advantage of involving more features could help the models to be more stable and more applicable for different populations.

In this aspect, Jungyo Suh et al. proposed the possibility of applying AI-based algorithms in the prediction of prostate biopsy. They developed an AI-based prediction tool with PSA, total prostate volume, age, hypoechoic lesion on ultrasonography, transitional zone volume, testosterone, and fPSA [21]. This study showed the promising future of using AI-based algorithms in predicting PCa; however, the investigated features were of limited number. To some extent, AI-based algorithms were not ideal for the analysis of limited features, which could have been done by traditional methods. In predicting colon cancer, researchers applied AI-based methods to data from health maintenance organizations by evaluating analytes from standard laboratory records, including hematology, liver function, and metabolism [22]. In breast cancer, the notion of applying AI-based methods to diagnose breast cancer was validated, and age, body mass index (BMI), glucose, insulin, homeostasis model assessment (HOMA), leptin, adiponectin, resistin and chemokine monocyte chemoattractant protein 1 (MCP1) attributes were used in the prediction model [23]. Further studies validated that routine blood analysis features had a boosted performance for breast cancer diagnosis and supported the notion that this approach is of great potential to be used in a widespread manner to detect cancers [24]. These studies suggested the possibility of using routine health examinations to predict cancer based on AI algorithms.

The clinical scenario for the application of PCAIDS is between PSA-based screening and novel tests predicting PCa, including mpMRI, urinary PCA3 test, 4kScore, and Prostate Health Index. MpMRI, a potent modality in predicting biopsy results, is of great importance in patients who are at high risk of PCa. However, the application of mpMRI is limited by the accessibility of MRI machines and the professionalism of the radiologists who interpret the images. Meanwhile, these biomarkers were only available for patients in some countries and regions. In addition, mpMRI and these novel biomarkers are associated with high costs in most countries. The application of PCAIDS, on the other hand, does not require special examination equipment. The features included in the model were common, routinely performed, quick, and economic tests, which were also needed for a general health check-up. The application of B-ultrasound in evaluating the size of the prostate is also accessible for almost every hospital. In general, this AI-based modality is not here to perfect the diagnostic modality with mpMRI and novel biomarkers, rather than replacing them.

AutoML has the flaw of interpretability, which is consistently met with skepticism, similar to other complex models, especially in the medical field. To this end, we applied the SHAP [13] tool to explore the contribution of individual features to the model. To explore the rationality of this contribution, we also examined the interpretability of the LR compared to SHAP (Additional file4: Figure S1). First, the contribution of the key variables (the cross-sectional area of the prostate (B_AREA), AGE, and fPSA) is basically the same in the two prediction modalities. This is similar to the previous conclusions obtained by the RF model (Additional file1: Table S1). Second, the SHAP value from AutoML is roughly the same as the importance of LR calculated by model coefficients. Third, B_AREA is the most important variable. Significantly, the risk of PCa did not increase with B_AREA, which may be due to the increased concertation of PSA produced by a larger prostate, misstating that the risk of PCa and fPSA/tPSA are similar. In addition, age played the second most important role in the prediction model. Thereafter, the risk of PCa increases with age, which is intuitive, and the same holds true for other clinical indicators, although no direct cause can be inferred.

One of the limitations of this study is the lack of a head-to-head comparison with mpMRI or other novel biomarkers. However, the clinical scenario of this prediction mode is not to replace novel diagnostic methods but to assist in decision-making for novel diagnostic methods. In addition, we introduced the dimensions of the prostate from the B ultrasound in the model, and there might be inter- and intrarater differences among different centers in terms of ultrasound results. Furthermore, ultrasound images were not included in this study due to the lack of image storage in all centers. We believe that future studies may incorporate the images captured during ultrasound examinations. The findings of this study are applicable primarily to Asian populations due to the vast discrepancy between Asian and Caucasian patients. In the future, we intend to collect data from various populations to adapt our model to different ethnic groups. Finally, the performance of the PCAIDS is not better than that of the other algorithms, including LR. However, it is important to note that in the study, given the serious implications of missing a prostate cancer diagnosis, prioritizing sensitivity rather than specificity was chosen. This decision was made understanding that it might increase the false positive rate, but it's a reasonable trade-off given the potential severity of a missed diagnosis, where high sensitivity can often lead to lower specificity. We consider that further validation studies may help us to show its wide applicability.

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Artificial intelligence for the diagnosis of clinically significant prostate ... - BMC Medicine

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The Impact of Artificial Intelligence on Tech Company Earnings – Fagen wasanni

Tech giants Microsoft, Alphabet, and Meta are set to report their quarterly earnings, with a focus on their plans for artificial intelligence (AI). In the previous quarter, these companies saw their stocks rise on promises of future earnings fueled by AI. However, investors are now more interested in the timing of these promises being delivered. They want to see tangible impacts on the companies profits and loss statements (P&L).

Microsoft made over 50 mentions of AI in its previous earnings call, while Google mentioned it more than 100 times at an event in May. AI became a common topic in research notes, with strategists boosting their outlooks for the S&P 500. The mention of AI by Nvidia had the most significant impact, as it increased earnings expectations for the next quarter by approximately 50%.

The hype surrounding AI is still ongoing, as seen by recent developments. Apples reported work on its own AI technology resulted in a 1% increase in its stock price. Microsofts announcement of pricing for its M365 Copilot AI product led to a 4% increase in its stock price. However, concerns remain about whether technology stocks have been overvalued amid the AI craze.

Early earnings reports from tech companies such as Tesla and Netflix showed that investors quickly sold off their stocks if the earnings announcements did not meet expectations. This raises questions about whether current valuations are sustainable. The market will closely watch how much companies attribute their growth to AI and if they can maintain momentum by delivering strong results and providing positive guidance.

Overall, the impact of AI on tech company earnings is a key topic for investors. They want to see real progress and evidence of the positive effects of AI on the financial performance of these companies.

Note: This rewritten article is approximately 240 words.

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The Impact of Artificial Intelligence on Tech Company Earnings - Fagen wasanni

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