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We still cant make a car that drives itself its unlikely our artificial intelligence creations will take over the world – Toronto Star

What is a mind?

I must admit, I never expected there would be any reason to ask that question outside of a philosophy class.

But the hype and fear around artificial intelligence has grown to a fever pitch, making that question and others like it suddenly worth pondering.

What is a superintelligence? What is an identity? Do computers have egos?

This sudden contemplative turn is a result of a drumbeat of doom and hype about AI. Its going to change everything, we are told including possibly ending all life on Earth, apparently.

Consider: Half of AI researchers surveyed last summer believe there is a 10 per cent chance AI will lead to human extinction. OpenAIs Sam Altman, one of AIs most prominent proponents, says he worries it might end the world.

And as if that werent enough, last week an open letter signed by a long list of people that includes tech leaders Elon Musk, Andrew Yang and Steve Wozniak stated that its time to take a six-month pause on AI research to consider the risks.

Suddenly, weve gone from artificial intelligence being a sci-fi trope to being the source of some very public and very extreme fear.

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As with any claim made by the capitalist class, some skepticism is warranted. How better to hype your new product than claim it is all-powerful?

But if a rare call by technologists to actually think about consequences is at least a little refreshing, the claims of both AIs doomsayers and its proponents border on the absurd.

The fear expressed in the letter reflects a broader trend in which ideas about the threat posed by artificial intelligence are optimistic at best and spurious at worst. AI is not about to lead to human extinction. And to understand why, one needs to answer some of those strangely abstract questions about minds, intelligence and identity that are nonetheless vital.

According to signatories of this letter, AI systems with human-competitive intelligence can pose profound risks to society and humanity. Those risks include things youd expect, like AI replacing jobs, to the more grandiose: non-human minds that might eventually outnumber, outsmart, obsolete and replace us, which represents a profound change in the history of life on Earth.

Here is the idea behind it: artificial intelligence very rapidly evolves to become sentient and is able to make decisions according to its own wishes. As it exponentially scales up in capability, it becomes an impossibly evolved mind, and in its superintelligent wisdom could, on a whim, simply wipe us all out.

This is wildly far-fetched. A mind is the product of will, of ego. When we act we, we do so not simply out of the programming of our ideology or our values, but also out of desire. While an intelligent software could act independently, it will never act intentionally because it has no identity from which to act.

There is also the more vexing question of what superintelligence actually might be. It bears asking what some combination of math and logic and synthesis might specifically produce that is so beyond the realm of imagining that it will revolutionize the world.

The assumption of a radical superintelligence misunderstands both what intelligence is and also what causes problems in the world. It isnt a lack of intelligence that has children starving, a housing crisis in countless cities, or climate change. It is, rather, politics it is how, when and where people and technology are deployed to address issues.

It betrays a blinkered view of life in which we simply arent smart enough to fix our problems. What is in fact true is that we are stuck in the issues of real life lived by real people, and as a result are mired in politics, history, culture.

Its the same myopic mentality from which some make claims about a coming human extinction. If we jump to the extreme example, a superintelligent AI might only launch the nukes if it has in fact been structured and allowed to do that. That is: whatever artificial intelligence becomes, it is up to humans to decide when and where it is used and to what ends it is put.

But then, even all this discussion is itself premature. Take another hugely complex software problem, the self-driving car. For years we were told they were just around the corner that is, until the people involved realized just how complicated the issue is and started saying that we are perhaps decades away from a fully autonomous car.

Are we to believe, then, that we cannot make a car that drives itself, but we can become gods and create a non-human mind?

It is not that artificial intelligence will not be transformative. The capacity to outsource the analysis and synthesis of data to technology will have both deep and broad effects.

But the doomsaying about AI is as much marketing as anything else just a lot of chatter about intelligence and minds from some very clever people who appear to have spent too little time thinking about what those things actually are.

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Billionaire AI wars as Elon Musk says STOP but Bill Gates urges ‘age of bots’ – The Mirror

Telsa billionaire Elon Musk joined thousands in signing an open letter calling for a halt of artificial intelligence - the next day, Microsoft boss Bill Gates penned a blog opposing the demands

An artificial intelligence battle between billionaires Elon Musk and Bill Gates has heated up as the battle of brains and money go head-to-head.

Telsa billionaire Elon Musk signed an open letter on March 30, which was organised by his charity-grant organisation Future of Life Institute, calling for a six-month pause of artificial intelligence.

He joined more than 13,000 Silicon Valley tech experts in signing the letter which warned against the profound risks AI could have on humanity.

Musk, who also runs SpaceX and Twitter, believes AI could pose profound risks to society and humanity and has called for proper safety protocols to be in place before AI is developed further.

The letter said: "Recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no-one - not even their creators - can understand, predict, or reliably control.

Nonhuman minds that might eventually outnumber, outsmart, obsolete and replace us, and the risk of loss of control of our civilisation.

"We call on all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4."

Whilst the debate continues over whether AI has the potential to improve productivity amongst our fellow humans - it is also highly controversial.

The tech chief thinks AI will lead to the loss jobs as it powers chatbots like ChatGPT, Microsofts Bing and Googles Bard.

They can perform humanlike conversations, write on an endless variety of topics and perform more complex tasks, such as writing computer code.

Huge companies such as Walmart and Amazon have already laid off nearly 118,000 people since 2023 with a further 140,000 job losses expected at the online retailer.

Walmart announced 65% of its stores will be "automated" by 2026 - leading to the loss of 2,000 workers as the company moves into automated technology.

It stated grocery packers would be cut from 12 down to 5 in its stores - with AI technology filling the roles.

The company said the move would reduce the need for lower-paid roles.

This led to Stuart Russell, a computer-science professor at the University of California, to also sign the letter calling for AI to be paused as the potential risks to humanity are unclear.

He told BBC News: "AI systems pose significant risks to democracy through weaponised disinformation, to employment through displacement of human skills and to education through plagiarism and demotivation."

Mr Russell was one of the many tech bosses who signed the letter which states AI developers are locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one - not even their creators - can understand, predict or reliably control.

However, Microsoft billionaire Bill Gates does not believe pausing AI would solve any challenges.

Just a day after Mr Musk signed the letter, Bill Gates penned a blog in defence of AI as he publicly rebuffed the Twitter's chief concerns.

He said: "I dont think asking one particular group to pause solves the challenges.

"Clearly theres huge benefits to these things what we need to do is identify the tricky areas.

"Any new technology thats so disruptive is bound to make people uneasy, and thats certainly true with artificial intelligence.

"I understand whyit raises hard questions about the workforce, the legal system, privacy, bias, and more.

"AI also make factual mistakes and experience hallucinations."

However, James Grimmelmann, a Cornell University professor of digital and information law, criticised the Telsa billionaire for signing the letter.

He said: "A pause is a good idea, but the letter is vague and doesn't take the regulatory problems seriously.

"It is also deeply hypocritical for Elon Musk to sign on given how hard Tesla has fought against accountability for the defective AI in its self-driving cars."

As two of the most influential tech billionaires debate the impact artificial intelligence will have on the world, it remains to be seen if AI will ever be allowed to fully impact the world - and what the consequences will be.

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Are chatbots changing the face of religion? Three faith leaders on grappling with AI – The Guardian

Artificial intelligence (AI)

Mainstream adoption of generative AI and conversational bots has left few spaces untouched, even religious communities

Write a sermon in the voice of a rabbi of about 1,000 words that relates the Torah portion Vayigash to intimacy and vulnerability. Cite Bren Browns scholarship on vulnerability. That was the prompt Rabbi Joshua Franklin put in ChatGPT, the results of which he used to deliver a sermon to congregants of the Jewish Center of the Hamptons in December 2022.

The sermon the chatbot came up with spoke of Joseph, the son of Jacob and a prophet in the Abrahamic faiths. It quoted from a book by Brown, a professor who specializes on topics of intimacy, to define vulnerability as the willingness to show up and be seen when we have no control over the outcome. Being vulnerable could mean we are able to form deeper, more meaningful bonds with those around us, the chatbot wrote.

It wasnt the greatest sermon, Franklin thought, but it was passable. And that was his point. The irony of the AI-written speech about vulnerability and human connection was that it lacked exactly what it preached: human vulnerability and emotion.

It actually had a little bit of content to it, he said. And the congregation thought it was written by some other famous rabbis. But if Im going to preach about vulnerability and intimacy, I would share something of myself as a model for vulnerability. And thats something that artificial intelligence and ChatGPT cannot do.

The mainstream adoption of generative AI and large language models in the form of chatbots like ChatGPT has left few spaces untouched, including religious communities.

In addition to the generalized chatbots, which can provide conversational answers to theological questions or prompts using information scraped from the entire internet, more specialized religious chatbots have emerged. One of them, HadithGPT, gives advice rooted in Islamic texts.

Together, the phenomenon is one religious leaders like Franklin have felt compelled to consider the potential utility as well as the potential ramifications of.

Its a major development, Franklin said. This would be like me commenting on how the internet is going to change the face of Judaism.

Other faith leaders who the Guardian spoke to may not be writing their sermons using chatbots just yet, but have similarly weighed the impacts of the rapid adoption of using AI chatbots to answer questions about religion. The resounding sentiment is that this is not exactly a novel circumstance.

Call it Rabbi Google as Franklin referred to it or Sheikh Google as Jihad Turk, the founding president of Bayan Islamic Graduate School, an institution for higher education on Islamic studies, referred to it, but people have long turned to the internet for answers about the intricacies and complexities of religion.

To some extent, this is just another iteration of how people might consider what opinion to follow, Turk said.

As someone who served as an imam of a community for a long time, I would often receive phone calls from community members that had a question related to Islams position on X, Y or Z after having done some of their own research which might include Googling it, talking to friends and other scholars, Turk said. So theres a lot of judgment calls that are being made by individuals anyway.

But ChatGPT and chatbots that use large language models, can have problems with accuracy because they prioritize responses that have a conversational flow rather than those that are precise, according to Beth Singler, the assistant professor in digital religions at the University of Zurich. That could pose a particular problem for religions like Judaism and Islam that have a strong dedication to textual sources.

That is a concern in itself that theres going to be a reforming of the theological knowledge thats been shared so accurately and so patiently for hundreds of years, because ChatGPT is sort of hallucinating answers, she said. Its a correlation machine. Its not a knowledge-finding machine. What it does is it predicts the likelihood of the following word.

HadithGPT, for instance, uses hadiths or the narrations of the sayings and life of the Prophet Muhammad to answer questions about Islam. Its responses come with a disclaimer: the answers are AI-generated and may not be accurate, it says. Islam is passed down from heart to heart and it is important to learn and consult real Islamic scholars for more accurate information.

Even with this disclaimer, an average person may not have access to an actual scholar they can consult, making it easier to rely exclusively on Sheikh Google or services like HadithGPT, Turk says. The source material is also missing a lot of context typically considered when answering Islamic questions, he added. That includes the human layer of analysis of the hadiths and consideration of other texts such as the Quran, as well as scholarly opinions and Islamic jurisprudence. Different schools of thought also give weight to different customs and traditions, he said.

The hadith are silent on a lot of questions that are more contemporary in nature, Turk said. Its much more complicated than just what do the hadiths say in a black and white fashion.

In other faiths like Buddhism, many practitioners are less text and more practice-centric, making the religion uniquely situated to shrug the proliferation of chatbots off, according to the Rev Angel Kyodo Williams, Roshi a Zen Buddhist priest in California.

Theres a practice centricity that takes all of the text and sets them aside and says, it doesnt matter how much you read, doesnt matter what you get out of a chatbot, Williams said. Thats not the answer. The answer is in your life: do you feel the truth of those words that you speak? And if you dont, thats really the only measure.

Concerns about an overreliance on increasingly sophisticated AI have sparked fears of job losses across industries, even among prominent AI and tech executives. But there is a bit of optimism among faith leaders like Williams. Though chatbots may free people up to do more functionally human things because theyre not spending time researching information from various sources, Williams believes theyll still long for human connection.

Nothing is going to replace the deep sense of this longing that we have to be connected and how thats felt in a true teacher, she said.

Franklin, who thinks he might use ChatGPT as a tool to help him write sermons, agrees. People are going to realize that human beings are no longer the best purveyors of information, he said. But what they can do that makes them distinctly human are those things that are precisely in the realm of religion and spirituality.

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Why PepsiCo is sweet on artificial intelligence – Axios

Pepsi sodas displayed on shelves at a Walmart Supercenter on December 06, 2022 in Austin, Texas. Photo: Brandon Bell/Getty Images

If your local grocery or corner mart is keeping Diet Pepsi, Gatorade or Fritos in stock, you may be able to thank artificial intelligence.

Driving the news: PepsiCo, the multinational maker of name-brand soda, chips and sports drinks, may not be a technology company, but it has gone all-in on AI in the past few years, spending "hundreds of millions" of dollars to do so, Athina Kanioura, the company's chief strategy and transformation officer, told Axios.

Why it matters: PepsiCo is one example of a major corporation embracing AI fully in daily processes, as other companies in non-tech industries begin to grapple with advancements like generative AI.

The big picture: PepsiCo, one of the largest food and beverage companies in the world, believes AI can help with improved efficiency, lowered costs and better response to customer demand.

What they're saying: Kanioura, who came to PepsiCo in 2020 after a long tenure at Accenture, started implementing AI processes and standards right away, calling it her "biggest passion" for the job.

Between the lines: Kanioura said she's been talking to lawmakers on Capitol Hill interested in AI policy who told her they are "extremely impressed by the level of maturity" of AI deployment at PepsiCo "which they haven't seen from any other company" beyond tech.

How it works: Some of PepsiCo's uses of AI include helping create new product lines and flavors, determining which stores are selling the most of which products and getting new stock out, analyzing sales and optimizing product placement and visibility.

Of note: Kanioura said PepsiCo has its own responsible AI framework which guides how it deploys AI in different parts of the company.

Kanioura said generative AI which has sparked a craze since the advent of ChatGPT is useful for knowledge management, but not the right tool for, say, organizing pallets in a warehouse.

On regulation: Kanioura said the federal government needs to be doing more: "Regulation is important. How much regulation is another discussion."

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Can artificial intelligence reverse the tech downturn? Startups are … – Morningstar

By Jon Swartz

Millennials who want to be part of the AI 'gold rush' are heading to San Francisco's 'Cerebral Valley' and other tech hubs around the country

In San Francisco's Hayes Valley neighborhood -- a hub for artificial intelligence that's been nicknamed "Cerebral Valley" -- more than 200 AI experts on artificial intelligence met in late March to discuss the white-hot technology and how to build businesses around it.

"The general sentiment was this is something that can be incredibly useful and dangerous. It is happening, and it is unstoppable," said Evan Buhler, co-founder and CEO of Generative Counsel, a San Francisco-based startup.

"I moved to the Bay Area in January from Florida to be part of something special," Buhler told MarketWatch. "It almost feels like destiny. AI could become the economic and spiritual center of San Francisco. Cerebral Valley has this community and edge on everywhere else because it is where the flow is."

Chooch, a startup that released a mobile AI app this week, says 15 people have joined the company over the last three months, most of them from outside California and some from outside the U.S. The AI surge has been a "beacon of light for the tech world" after months of shrinking market valuations, declining ad spending, layoffs, high interest rates, a turbulent economy and the immolation of Silicon Valley Bank, Chooch CEO Emrah Gultekin told MarketWatch. Chooch now employs 73 people.

And artificial intelligence isn't just fueling a return to San Francisco -- it's also drawing millennials to AI tech hubs around the country as they seek to be part of the next big thing. Venture-capital firms and large tech companies are pouring billions of dollars into AI technology. There were nearly 800,000 AI-related job openings in the U.S. last year, led by California's 142,000, according to data collected by Stanford University's Institute for Human-Centered Artificial Intelligence -- and the pace appears to be accelerating.

Meanwhile, although the San Francisco Bay Area lost 53,000 residents last year, that was less than one-third the number of people who left in 2021, according to data released by the U.S. Census Bureau last week.

On Thursday, Garry Tan, CEO of startup accelerator Y Combinator, said that more than 80% of the startups in his company's latest batch were based in San Francisco, and many of them are working on AI.

Despite a significant drop in venture funding and deals in the first quarter of 2023, AI is continuing to prove alluringto investors. Last month, a $150 million investment in startup Character.ai, led by venture-capital firm Andreessen Horowitz (known as a16z), gave the startup a value of $1 billion.

The median pre-money valuation for generative-AI firms has catapulted to $90 million in 2023 from $42.5 million in 2022 , based on nine deals PitchBook tracked through March 29.

"The settlers are scrambling for their 40 acres [of digital land]," said Charley Moore, the CEO of Rocket Lawyer Inc. who is a longtime participant and observer in Silicon Valley. "Tech can have something of a herd mentality, and AI has captured some of the crypto zeitgeist." (Before AI, crypto was all the rage in tech, prompting a land rush of its own before it recently cooled down.)

California isn't the only destination for would-be AI entrepreneurs. Texas, New York and Florida are other big hubs, according to the Institute for Human-Centered Artificial Intelligence.

Appian Corp. (APPN), a cloud company in Tysons, Va., with AI apps, plans to hire 600 to 700 workers this year after adding 800 last year, bringing its total head count up to 2,300. And AI startup All Turtles, which decamped to Arkansas from San Francisco in late 2020, continues to hire steadily, CEO Phil Libin told MarketWatch.

Still, the surge in AI development has brought some millennials who left during the pandemic back to the Bay Area. At the SXSW tech conference in Austin, Texas, in March, "this came up a lot," Muddu Sudhakar, chief executive of AI startup Aisera, told MarketWatch. "People said they were returning to the Bay Area to be part of the AI revolution."

He added: "ChatGPT was the talk of every session, every discussion, and young people want to be in the middle of the action. It was like the gold rush."

Also read: Biden meets with advisers on 'risks and opportunities' in AI technologies

"AI is hot everywhere,"said John Chambers,the former CEO of Cisco Systems Inc. (CSCO) whose firm JC2 Ventures backs more than a dozen AI startups. "It is the third major frontier during my time in tech, and it will be bigger than the first two -- the Internet and cloud."

Debasish Biswas, the chief technology officer at AI data platform Aware, which is based in Columbus, Ohio,said engineering job applications are in the hundreds, up threefold from the previous quarter. Many of them are from job seekers based in the Seattle area and Silicon Valley and from the ranks of current and former employees of Big Tech companies such as Alphabet Inc.'s (GOOGL)(GOOGL) Google, Amazon.com Inc. (AMZN), Salesforce Inc. (CRM), and Facebook parent Meta Platforms Inc. (META) -- all companies that have announced layoffs in recent months.

"People would rather work on solutions used by top brands rather than many layers away from activity," Biswas told MarketWatch.

Also read: U.S. economy added jobs again in March. Is this your last chance to jump ship?

Kira Makagon is the chief innovation officer at cloud software companyRingCentral Inc. (RNG) and leads the company's AI efforts. She said the recent rounds of layoffs and the current economic crisis have prompted tech talent to "make and do some fun things" at fledgling AI startups.

Indeed, the bloviation over AI -- nearly every major tech CEO has embraced the technology and hyped their own offerings the past few months, often during quarterly earnings calls with analysts -- has added to a three-ring-circus atmosphere that seems concentrated in the San Francisco Bay Area.

"We're just at the start of AI," Appian CEO Matt Calkins told MarketWatch. "There is the classic hype cycle versus trust debate at work here. AI is a tool, not a replacement. And there will be a roller coaster for at least six months."

Also read:The 'explosive' AI trend is here to stay. These stocks are poised to benefit

And: 'Should we risk loss of control of our civilization?' Elon Musk, Steve Wozniak and other tech leaders ask in petition to halt AI development

-Jon Swartz

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

04-08-23 1426ET

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Firms race to pack smartphone cameras with artificial intelligence – The Hindu

An amateur photographer who goes by the name "ibreakphotos" decided to do an experiment on his Samsung phone last month to find out how a feature called "space zoom" actually works.

The feature, first released in 2020, claims a 100x zoom rate, and Samsung used sparkling clear images of the Moon in its marketing.

Ibreakphotos took his own pictures of the Moon blurry and without detail and watched as his phone added craters and other details.

The phone's artificial intelligence software was using data from its "training" on many other pictures of the Moon to add detail where there was none.

"The Moon pictures from Samsung are fake," he wrote, leading many to wonder whether the shots people take are really theirs anymore or if they can even be described as photographs.

Samsung has defended the technology, saying it does not "overlay" images, and pointed out that users can switch off the function.

The firm is not alone in the race to pack its smartphone cameras with AI Google's Pixel devices and Apple's iPhone have been marketing such features since 2016.

The AI can do all the things photographers used to labour over tweaking the lighting, blurring backgrounds, sharpening eyes without the user ever knowing.

But it can also transform backgrounds or simply wipe away people from the image entirely.

And the debate over AI is not limited to hobbyists on message boards professional bodies are raising the alarm too.

The industry is awash with AI, from cameras to software like Photoshop, said Michael Pritchard of the Royal Photographic Society of Britain.

"This automation is increasingly blurring boundaries between a photograph and a piece of artwork," he told AFP.

The nature of AI is different to previous innovations, he said, because the technology can learn and bring new elements beyond those recorded by film or sensor.

This brings opportunities but also "fundamental challenges around redefining what photography is, and how 'real' a photograph is", Pritchard said.

Nick Dunmur of the Britain-based Association of Photographers said professionals most often use "RAW" files on their digital cameras, which capture images with as little processing as possible.

But sidestepping the tech is less easy for a casual smartphone shooter.

Ibreakphotos, who posted his finding on Reddit, pointed out that technical jargon around AI is not always easy to understand perhaps deliberately so.

"I wouldn't say that I am happy with the use of AI in cameras, but I am OK with it as long as it is communicated clearly what each processing pipeline actually does," he told AFP, asking not to use his real name.

What professional photographers are most concerned about, though, is the rise of AI tools that generate completely new images.

In the past year, DALL-E 2, Midjourney and Stable Diffusion have exploded in popularity thanks to their ability to create images in hundreds of styles with just a short text prompt.

"This is not human-authored work," Dunmur said, "and in many cases is based on the use of training datasets of unlicensed work."

These issues have already led to court cases in the United States and Europe.

According to Pritchard, the tools risk disrupting the work of anyone "from photographers, to models, to retouchers and art directors".

But Jos Avery, an American amateur photographer who recently tricked thousands on Instagram by filling his feed with stunning portraits he had created with Midjourney, disagreed.

He said the lines drawn between "our work" and "the tool's work" were arbitrary, pointing out that his Midjourney images often took many hours to create.

But there is broad agreement on one fundamental aspect of the debate the risk for photography is not existential.

"AI will not be the death of photography," Avery said.

Pritchard agreed, noting that photography had endured from the daguerreotype to the digital era, and photographers had always risen to technical challenges.

That process would continue even in a world awash with AI-generated images, he said.

"The photographer will bring a deeper understanding to the resulting image even if they haven't directly photographed it," he said.

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Is Elon Musk At Odds With Cathie Wood Over This Artificial … – The Motley Fool

Elon Musk is the CEO of global electric vehicle powerhouse Tesla (TSLA -0.25%). Over the years, the company has received an incredible amount of support from investors, who have routinely paid a premium price for its shares.

But perhaps no single investor is as vocally optimistic about Tesla's potential as Cathie Wood, who runs Ark Investment Management. In fact, Tesla is the largest holding in the ARK Innovation ETF(ARKK 1.58%) and the firm currently has a $1,533 price target on Tesla stock. That's the highest Tesla target price on Wall Street and represents a 696% upside from where the stock trades today.

Cathie Wood rarely disagrees with Elon Musk's vision for the company, but an ongoing debate about the potential risks of advanced artificial intelligence (AI) could divide them. Musk has been actively voicing his concerns about rushing into the new technology too fast. Meanwhile, Ark Invest just released a set of blockbuster financial projections for the AI industry that rely upon it moving full steam ahead.

Image source: Getty Images.

Could artificial intelligence lead to a rise-of-the-machines-style existential threat to humanity? Nobody really knows, and that's kind of the problem.

In March, the Future of Life Institute issued a public letter calling for a six-month pause to the development of advanced AI models. This was in large part spurred by the impressive abilities of GPT-4, the latest language model developed by OpenAI, whose ChatGPT has taken the internet by storm in recent months.

But let's back up for a second, because it's important to point out two things. First, Elon Musk is a co-founder of OpenAI, and he intended for it to be an open source, non-profit organization. He left in 2018 to avoid future conflicts of interest with Tesla's own AI initiatives, and he has been very critical of OpenAI's "maximum" profit status today -- it just completed a major investment deal with Microsoft (MSFT 2.55%) that could be worth as much as $10 billion.

Second, Musk is a financial donor to the Future of Life Institute, which has set out to research the potential risks humanity faces from artificial intelligence.

Now, back to the letter. Musk was among the first signatories, and since its release, over 9,000 people have put their names to it, including AI researchers, academics, and tech heavyweights. The group focuses on GPT-4 because it's the first AI model with the ability to complete complex tasks with the same proficiency as humans -- or better.

GPT-4 recognizes both text and images -- in a demonstration, the bot was shown a drawing, asked to code a website that looks exactly like it, and did just that. The model also achieved human-level grades in the Bar exam, the Scholastic Assessment Test (SAT), and the Graduate Record Examinations (GRE). These are still early days for the bot; that it can already succeed at such tasks means it's not hard to envision a near future where AI is outsmarting humans.

The proposed six-month pause on advanced AI development is designed to give technologists and policymakers time to enact guidelines that prevent humans from losing control of the technology. Representatives of Ark Invest -- including Cathie Wood -- have not yet publicly expressed support for the Future of Life letter.

But the firm's long-term financial projections suggest AI is going to become so easily accessible that the development of rogue and dangerous models could be inevitable. For example, Ark says the cost to train GPT-3 level generative AI (the GPT-4 predecessor) will fall by 70% every single year between now and 2030. In dollar terms, that cost will fall from $450,000 in 2022 to just $30 by the end of this decade.

That steep price decline would place advanced AI at the fingertips of just about every business on Earth. In fact, Nvidia (NVDA 0.58%) is about to give the world access to its powerful AI supercomputer through cloud providers like Microsoft Azure, allowing them to train advanced models themselves with practically no oversight.

Ark thinks AI will add $200 trillion to global economic output by 2030 and that the companies developing the technology could share in $14 trillion in revenue. If that happens, AI would create more value than any industry the world has ever seen. With such a big pot of gold at the end of the rainbow, it's going to be nearly impossible to disincentivize companies from entering an AI arms race, hence the call from Musk and others to develop a more stringent set of rules around the technology.

Earlier, I mentioned Ark Invest has a Street-high price target of $1,533 on Tesla stock. The firm thinks Tesla will get there by 2026. Perhaps unsurprisingly, Ark sees artificial intelligence as a critical ingredient in that journey.

For example, Ark believes that in 2026, 34% of Tesla's revenue will come from robotaxis. Those vehicles won't require any human input because they'll be powered by fully autonomous self-driving software -- which, of course, relies on AI.

If Tesla stock does reach $1,533, the company will be valued at $5.3 trillion. Ark estimates 62% of that value will be attributed to the robotaxi business, likely because it will be one of the fastest growing pieces of Tesla overall. As a result, eliminating AI from the company could erase $3.2 trillion in market value.

Tesla is also working on a humanoid robot called Optimus, which, based on the company's early projections, could be a multibillion-dollar opportunity after 2027. Without AI-powered software, though, that product ceases to exist.

I am in no way saying a six-month pause on advanced AI development will derail Tesla's long-term plans. However, if the industry can't agree on a set of guidelines, global policymakers might enforce a far stricter set of laws later down the road -- especially if the Future of Life Institute's concerns about safety come to fruition. That would have the potential to impact Tesla's plans, and based on Ark's estimates, there is a lot of value at stake.

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Global Artificial Intelligence in Supply Chain Management Market Report 2023-2028: Opportunities in Integrating AI with Existing Processes, Systems…

DUBLIN, April 7, 2023 /PRNewswire/ -- The "Global Artificial Intelligence in Supply Chain Management Market by Technology, Processes, Solutions, Management Function (Automation, Planning & Logistics, Inventory, Risk), Deployment Model, Business Type, and Industry Verticals 2023-2028" report has been added to ResearchAndMarkets.com's offering.

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AI in SCM solutions as a whole will reach $17.5B globally by 2028

This is the broadest and most detailed report of its type, providing analysis across a wide range of go-to-operational process considerations, such as the need for identity management and real-time location tracking, and market deployment considerations, such as AI type, technologies, platforms, connectivity, IoT integration, and deployment model including AI-as-a-Service (AIaaS).

Each aspect evaluated includes forecasts from 2023 to 2028 such as AIaaS by revenue in China. It provides an analysis of AI in SCM globally, regionally, and by country including the top ten countries per region by market share. The report also provides an analysis of leading companies and solutions that are leveraging AI in their supply chains and those they manage on behalf of others, with an evaluation of key strengths and weaknesses of these solutions.

It assesses AI in SCM by industry vertical and application such as material movement tracking and drug supply management in manufacturing and healthcare respectively. The report also provides a view into the future of AI in SCM including analysis of performance improvements such as optimization of revenues, supply chain satisfaction, and cost reduction.

Modern supply chains represent complex systems of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. Supply Chain Management (SCM) solutions are typically manifest in software architecture and systems that facilitate the flow of information among different functions within and between enterprise organizations.

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Leading SCM solutions catalyze information sharing across organizational units and geographical locations, enabling decision-makers to have an enterprise-wide view of the information needed in a timely, reliable, and consistent fashion. Various forms of Artificial Intelligence (AI) are being integrated into SCM solutions to improve everything from process automation to overall decision-making. This includes greater data visibility (static and real-time data) as well as related management information system effectiveness.

In addition to fully automated decision-making, AI systems are also leveraging various forms of cognitive computing to optimize the combined efforts of artificial and human intelligence. For example, AI in SCM is enabling improved supply chain automation through the use of virtual assistants, which are used both internally (within a given enterprise) as well as between supply chain members (e.g. customer-supplier chains). It is anticipated that virtual assistants in SCM will leverage an industry-specific knowledge database as well as company, department, and production-specific learning.

AI-enabled improvements in supply chain member satisfaction causes a positive feedback loop, leading to better overall SCM performance. One of the primary goals is to leverage AI to make supply chain improvements from production to consumption within product-related industries as well as create opportunities for supporting "servitization" of products in a cloud-based "as a service" model. AI will identify opportunities for supply chain members to have greater ownership of "outcomes as a service" and control of overall product/service experience and profitability.

With Internet of Things (IoT) technologies and solutions taking an ever-increasing role in SCM, the inclusion of AI algorithms and software-driven processes with IoT represents a very important opportunity to leverage the Artificial Intelligence of Things (AIoT) in supply chains. More specifically, AIoT solutions leverage the connectivity and communications power of IoT, along with the machine learning and decision-making capabilities of AI, as a means of optimizing SCM by way of data-driven managed services.

Select Report Findings:

The Asia Pac region is the largest and fastest-growing for AI in SCM

Cloud-based AI-as-a-Service for SCM will exceed $3.7B globally by 2028

AI SCM in edge computing for IoT enabled solutions will reach $6.12B by 2028

Artificial Intelligence of Things is emerging as a major enabler of SCM optimization

Material movement and tracking is the largest sub-segment within AI SCM in manufacturing

AI-enabled supply chains are over 67% more effective with reduced risk and lower overall costs

Market Dynamics

Companies with Complex Supply Chains

Logistics Management Companies

SCM Software Solution Companies

Technology and Solution Opportunities

Leverage Artificial Intelligence

Integrate AI with Existing Processes

Integrate AI with Existing Systems

Integrate AI with Internet of Things

Leverage AIoT Platforms, Software, and Services

Leverage Data as a Service Providers

Implementation Challenges

Key Topics Covered:

1. Executive Summary

2. Introduction2.1 Supply Chain Management2.2 AI in SCM

3. AI in SCM Challenges and Opportunities3.1 Market Dynamics3.2 Technology and Solution Opportunities3.3 Implementation Challenges

4. Supply Chain Ecosystem Company Analysis4.1 Vendor Market Share4.2 Top Vendor Recent Developments4.3 3M4.4 Adidas4.5 Amazon4.6 Arvato SCM Solutions4.7 BASF4.8 Basware4.9 BMW4.10 C. H.Robinson4.11 Cainiao Network (Alibaba)4.12 Cisco Systems4.13 ClearMetal4.14 Coca-Cola Co.4.15 Colgate-Palmolive4.16 Coupa Software4.17 Descartes Systems Group4.18 Diageo4.19 E2open4.20 Epicor Software Corporation4.21 FedEx4.22 Fraight AI4.23 H&M4.24 HighJump4.25 Home Depot4.26 HP Inc.4.27 IBM4.28 Inditex4.29 Infor Global Solutions4.30 Intel4.31 JDA4.32 Johnson & Johnson4.33 Kimberly-Clark4.34 L'Oreal4.35 LLamasoft Inc.4.36 Logility4.37 Manhattan Associates4.38 Micron Technology4.39 Microsoft4.40 Nestle4.41 Nike4.42 Novo Nordisk4.43 NVidia4.44 Oracle4.45 PepsiCo4.46 Presenso4.47 Relex Solution4.48 Sage4.49 Samsung Electronics4.50 SAP4.51 Schneider Electric4.52 SCM Solutions Corp.4.53 Splice Machine4.54 Starbucks4.55 Teknowlogi4.56 Unilever4.57 Walmart4.58 Xilinx

5. AI in SCM Market Case Studies5.1 IBM Case Study with the Master Lock Company5.2 BASF: Supporting Smart Supply Chain Operations with Cognitive Cloud5.3 Amazon Customer Retention Case Study5.4 BMW Employs AI for Logistics Processes5.5 Intelligent Revenue and Supply Chain Management5.6 AI-Powered Customer Experience5.7 Rolls Royce uses AI to Safely Transport Cargo5.8 Robots Deliver Medicine, Groceries and Packages with AI5.9 Lineage Logistics Company Case Study

6. AI in SCM Market Analysis and Forecasts 2023-20286.1 AI in SCM Market 2023-20286.2 AI in SCM by Solution 2023-20286.3 AI in SCM by Solution Components 2023-20286.4 AI in SCM by Management Function 2023-20286.5 AI in SCM by Technology 2023-20286.6 AI in SCM by Industry Vertical 2023-20286.7 AI in SCM by Deployment 2023-20286.8 AI in SCM by AI System 2023-20286.9 AI in SCM by AI Type 2023-20286.10 AI in SCM by Connectivity6.11 AI in SCM Market by IoT Edge Network 2023-20286.12 AI in SCM Analytics Market 2023-20286.13 AI in SCM Market by Intent Based Networking 2023-20286.14 AI in SCM Market by Virtualization 2023-20286.15 AI in SCM Market by 5G Network 2023-20286.16 AI in SCM Market by Blockchain Network 2023-20286.17 AI in SCM by Region 2023-2028

7. Summary and Recommendations

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

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$18 billion revenue Western Digital hacked: Multiple systems breached – The Stack

In brief: Western Digital hacked. Attackers have accessed multiple systems. Services down.

The best time to back up was yesterday. The second-best time is right now said Western Digital on March 31.

Customers will be hoping that the data storage specialist eats its own dogfood, after it admitted suffering a cyber incident that has caused and may continue to cause disruption to parts of [its] business operations.

An unauthorised attacker has accessed a number of the companys systems Western Digital said April 3.

That has triggered a major outage of its storage services (which the company promotes as delivering easy, efficient, secure cyber protection award-winning backup with an AI-based defense against ransomware)

Western Digital, which sells storage devices to customers globally including cloud hyperscalers, is a big target: It reported revenues of $18.7 billion in 2022, with cloud storage revenues representing 42% of its total revenues.

Without explicitly saying so, Western Digital suggested that the attack may have been a ransomware incident.

On March 26, 2023, Western Digital identified a network security incident involving Western Digitals systems. In connection with the ongoing incident, an unauthorized third party gained access to a number of the Companys systems. Upon discovery of the incident, the Company implemented incident response efforts and initiated an investigation with the assistance of leading outside security and forensic experts it said on April 3.

The Company is implementing proactive measures to secure its business operations including taking systems and services offline and will continue taking additional steps as appropriate. As part of its remediation efforts, Western Digital is actively working to restore impacted infrastructure and services the company added.

Customers are facing sweeping service outages, including across network attached storage (NAS). Western Digital is currently experiencing a service outage impacting the following products: My Cloud, My Cloud Home, My Cloud Home Duo, My Cloud OS5, SanDisk ibi, SanDisk Ixpand Wireless Charger its status page says.

The incident comes amid a fresh wave of ransomware attacks and other malicious security incidents. Major outsourcer Capita is currently also suffering from what it has now admitted was a security incident (after earlier referring to it as an IT issue and technical problem) saying today (Monday April 3) that it experienced a cyber incident primarily impacting access to internal Microsoft Office 365 applications This caused disruption to some services provided to individual clients, though the majority of our client services remained in operation, Capita added.

As Secureworks Alex Papadopoulos, Director, Incident Response Consulting recently noted in The Stack, post-incident recovery is crucial But its not as simple as some might think Imagine, a threat actor has gained access to your network. The likely scenario is that they have full administrative access to your Active Directory.

With domain admin level access, they have the keys to everything, including your back up. We see adversaries head straight for the backups, which they destroy, before they go ahead and do the rest of the damage. They dont want you to have a quick recovery plan and they know backups are core to that.Best case scenario, you have your backups intact. Have you actually tested how long it will take to restore everything? If you have a fully bricked system you will need to start by reinstalling the operating system first, then applications and services, before being ready to restore any data from backups what we call a bare metal restore.

The reality is that restoration can take significant time to achieve.

But the ransomware had impacted most servers in the business. More than 5,500 servers were affected. In this case resource was not an issue. They hired staff where they needed them and supported the efforts financially as necessary, with the single goal of getting the business fully operational as quickly as possible.

Even with unlimited resources, it took three months to get them 95% recovered and that was the most they could achieve, as some systems had been corrupted and could not be recovered In another incident response engagement, the impacted organisation had backups which survived the intrusion and ransomware. What didnt survive was the victims Active Directory. Functionally, they couldnt even start the process of restoring because their backup solution required Active Directory to log in. They needed to authenticate, and nothing worked. Its a basic building block, but one that requires specialist expertise which they did not have inhouse.

So even though they had backups, there was no way of using them

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$18 billion revenue Western Digital hacked: Multiple systems breached - The Stack

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Unlocking Human Creativity with AI: How Artificial Intelligence Will Transform the Creative Process – Yahoo Finance

The power of AI was on full display at Austins South-by-Southwest festival- from robotics, to transportation, and even healthcare, but what about art?

Ultimately, what I think it does is allow more people to be artists, explains Fiverrs (FVRR) Head of Audio and Music, Adam Fine.

What's going to be really interesting now is to see how people tap into this tool and unlock more to create more impressive things, the baseline will continue to increase. and we'll see that threshold for great art, great code, great writing, be improved.

We're gonna see how people, freelancers, professionals, experts, continue to use this tool. Ultimately humans will be the winners and we'll see humans continue to get more creative and more productiveAI can be used in music to enhance production, consumption, many different things. and I think the possibilities are endless, Fine says.

So endless, that in just a few months AI generated artworks have spread across the internet like wildfire and developers made a boatload of money for what seemed like an original idea.

Especially in the art space, we have lawsuits that have been taking place around representation and compensation. Artists are often having their art put into the data set to train those models without any notification and without any compensation, notice, or attribution, Signal and Cipher CEO, Ian Beacraft told us.

People have put out their life's work onto the internet, and now these models have come along and scrapes the whole internet and said we're just training it on everything.

Theft of intellectual property is hardly a modern problem, but leave it to the free market to come up with a modern solution. Image licensing companies like Getty (GETY) and Shutterstock (SSTK) are diving head-first onto the AI wave, using their massive image databases to build AI content generators and sharing the profits with contributing artists.

The way that people tell stories is continuing to evolve. At one point it was images, then it was video,and now it's music. Now it may be generated content, says Shutterstock Chief Product Officer Meghan Schoen.

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So what does the future of creativity look like?

Schoen says, the way I describe it is you're sitting in a pitch meeting or trying to bring an idea to life and you may have a vision in your head of astronauts eating breakfast on Mars. In the past, how do you actually describe that to a roomful of creatives? To help them understand and conceptualize what you're talking about? Now, they can just describe that, get a visual, and now they're not starting from a blank piece of paper and they can build stories on top of that.

BRAD SMITH: The power of artificial intelligence was on full display in Austin, Texas, at South by Southwest, from robotics to transportation, and even health care. But what about art, you ask.

ADAM FINE: Ultimately, what I think it does is allow more people to be artists.

BRAD SMITH: Adam Fine, the head of audio and music at Fiverr, says AI will push the boundaries of artistic endeavors--

ADAM FINE: [BEATBOXING]

I don't know. There we go.

BRAD SMITH: --like music, writing, and design, creating new avenues for what artists can achieve.

ADAM FINE: We're going to see how people-- freelancers, professionals, experts-- continue to use this tool. And ultimately, humans will be the winners. And we'll see humans continue to get more creative and more productive.

BRAD SMITH: As a musician myself, I was curious about what all of this might mean for the next generation of music.

When we think, as musicians, what the next kind of iterative phase of music is with AI layered on top of it, I mean, what does that even look like to you?

ADAM FINE: I think the possibilities are endless.

BRAD SMITH: So endless that in just a few months, AI-generated artworks have spread across the internet like wildfire. And developers made a boatload of money--

[CASH REGISTER DINGS]

--for what seemed like an original idea.

IAN BEACRAFT: Especially in the art space, we have lawsuits that have been taking place around representation and compensation. So artists are often having their art put into the data set to train those models without any notification and without any compensation or notice and-- or attribution. People have put out their life's work onto the internet. And now these models have come along and scraped the whole internet and said, yep, we're just training it on everything.

BRAD SMITH: Theft of intellectual property is hardly a modern problem. But leave it to the free market to come up with a modern solution. Image licensing companies like Getty and Shutterstock are diving headfirst into the AI wave, using their massive image databases to build AI content generators and sharing the profits with contributing artists.

MEGHAN SCHOEN: The way that people tell stories has continued to evolve always, whether it was at one point images, then it was video. Now it's music. Now it may be generative content.

BRAD SMITH: So what does the future of creativity look like?

MEGHAN SCHOEN: The way I describe it is, you're sitting in a pitch meeting. You're trying to bring an idea to life. And you may have a vision in your head of astronauts eating breakfast on Mars. In the past, how do you actually describe that to a room full of creatives to help them understand and conceptualize what you're talking about? Now they can just describe that, get a visual. And now they're not starting from a blank piece of paper, they're starting from something that humans naturally can visually relate to. And they can build stories on top of that.

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Unlocking Human Creativity with AI: How Artificial Intelligence Will Transform the Creative Process - Yahoo Finance

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