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Innovation News
Medium
3w
193
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Prohibited Artificial Intelligence Practices in the European Union
- The European Union has introduced the AI Act, strongly based on the EU High Level Expert Group on AI's Ethics Guidelines for Trustworthy AI.
- The Act aims to balance containing potential harm produced by AI systems with supporting innovation, excluding national security concerns and military applications.
- AI systems and models for scientific research are exempt until they enter real-world testing phase, while consumer protection and product safety laws apply to all AI-related products.
- Individuals tinkering with AI outside of professional activity are not subject to the Act, and Member States can introduce additional regulations to support workers affected by AI systems.
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Medium
3w
0
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Trustworthy Artificial Intelligence (Part 1)
- AI, as we have it today, may not be fully trustworthy
- Certain software systems already make life and death decisions
- AI in current form is classified as Narrow AI
- Narrow AI systems can perform specific tasks efficiently but can't think or generalize
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TechBullion
3w
118
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How Do You Navigate Ethical Considerations in the Process of Technological Innovation?
- Navigating ethical considerations in technological innovation requires proactive planning and a commitment to transparency.
- Involving diverse stakeholders and creating an ethics review framework can help anticipate potential ethical challenges.
- Emphasizing ethics can build trust, loyalty, and long-term success.
- Developing AI ethically means addressing its potential for bias and unintended discrimination, and staying connected to the broader organization and industry ecosystem.
- Embracing constraints as a driver of creativity can spark some of the most groundbreaking ideas and redefine approach to ethical dilemmas.
- Designing innovation process around values helps create products that don’t just solve problems but also resonate deeply with people.
- Always putting human dignity and the greater social good above profits or convenience should be the guiding principle for technologists.
- Transparency, fair algorithms, openness, and responsibility should be the guiding ethical rules while developing AI.
- Prioritizing user well-being and societal impact over profit maximization ensures ethical practices and fosters trust with consumers.
- Ethical tech design prioritizes user empowerment, accessibility, and maintaining a respectful, responsible approach towards personal data.
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Medium
3w
285
Unleashing the Power of CerboAI: Transforming AI Through Decentralized Innovation
- CerboAI revolutionizes AI by decentralizing models and enabling training, fine-tuning, and deployment on edge devices.
- Proof of Federated Learning (PoFL) ensures data privacy and accuracy in collaborative model training.
- CerboAI optimizes models for edge devices, making AI applications possible on mobile phones and IoT devices.
- Using quantization and mixed precision training, CerboAI reduces model sizes and accelerates computation without compromising accuracy.
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Silicon
3w
65
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OpenAI Sued By Canadian News Publishers For Alleged Copyright Infringement
- A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia, and CBC/Radio-Canada, has filed a lawsuit against OpenAI for alleged copyright infringement.
- The publishers claim that OpenAI regularly scrapes large amounts of content from Canadian media without permission or compensation.
- OpenAI responds by stating that its models are trained on publicly available data and that it has previously reached agreements with some publishers.
- This is not the first lawsuit OpenAI has faced for copyright infringement, as it has also been sued by other news publishers in the past.
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TechBullion
3w
48
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The Psychology of Giving: Nature or Nurture?
- The nature vs. nurture debate surrounding generosity raises the question of whether we are born generous or learn it.
- The evolutionary theory of "kin selection" suggests that acts of giving, especially to those who share our genes, help ensure the survival of our family line. Similarly, "reciprocal altruism" explains that generosity can create bonds and foster mutual support, promoting overall group survival.
- On a neurological level, research shows that giving triggers the brain's reward systems, particularly in areas related to pleasure, like the dopamine system. This "helper's high" reinforces altruistic behaviour, encouraging more acts of generosity over time.
- Personality traits also play a significant role. Some people may be genetically predisposed to be more empathetic or agreeable, which can increase their likelihood to give.
- Family upbringing is one of the strongest influences on giving behaviour, as children tend to mimic what they see. Cultural norms, societal expectations, economic conditions, and exposure to social issues also shape how people approach generosity.
- Education through schools and community programs teaches the practical side of giving and instils a sense of social responsibility, reinforcing the need for generosity as part of a well-rounded education.
- Research in epigenetics shows that the environment can influence the way certain genes related to empathy and altruism are expressed.
- UFANDAO.com and AidCoin are examples of innovative decentralised platforms providing ways to inspire generosity by providing transparency, traceability, and accountability for all kinds of donations. Their approach appeals to tech-savvy, impact-focused donors and has the potential to reverse the trend of declining donations.
- Providing a way for people to see exactly how their donations are used, innovative solutions like these help to nurture the spirit of philanthropy, solidarity and promote a sustainable future in charitable giving.
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Fintechnews
3w
171
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Tenity to Invest in XRP Ledger Startups as It Doubles Down on DeFi
- Tenity is expanding its focus on decentralised finance (DeFi) through its Incubation Fund II.
- The fund will support startups building on the XRP Ledger (XRPL) across Asia and Europe.
- Tenity has highlighted the XRP Ledger's speed, energy efficiency, and security as key factors for its adoption.
- The partnership builds on Tenity's previous work with Ripple, supporting startups in developing DeFi solutions, real-world asset tokenisation, and payment innovations.
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Pymnts
3w
109
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B2B Payments Enter a New Era of Innovation and Transformation
- The B2B payments landscape is undergoing a transformation driven by technological advancements, evolving business needs, and increasing consumerization of business processes.
- B2B payments are no longer boring, as they are being reimagined through innovative platforms, strategic integration, embedded finance, cross-border efficiency, evolving roles of CFOs and treasurers, addressing uncertainty, cash flow management, and exploring generative artificial intelligence.
- The opportunities for growth and transformation in B2B payments are boundless, unlocking strategic value, fostering innovation, and reimagining business models.
- Subscribe to the daily B2B Newsletter for all PYMNTS B2B coverage.
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Pymnts
3w
312
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AI Gives Account Analysis a 21st Century Makeover
- Account analysis is becoming a strategic lever for treasury management in financial institutions.
- Account analysis statements provide detailed information on banking activity and help optimize cash flow and cost structures.
- Technology is reshaping account analysis, allowing financial institutions to build stronger client relationships and increase operational efficiency.
- Advanced solutions, integrated with AI, offer competitive advantages by automating insights and providing real-time data for tailored solutions.
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Medium
3w
96
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How Decentralized AI is Driving Innovation Across Industries
- Decentralized AI has been developed to function on a network of distributed data sources and computer nodes to ensure secure and transparent data exchanges. Decentralized AI networks use blockchain integration to securely process and store the data.
- Decentralized AI is transforming industries such as health care, finance, supply chain management, retail, and energy grids by offering benefits such as enhanced privacy, resilience, and scalability.
- Decentralized AI supports cross-institutional AI models made possible through federated learning by allowing institutions to collaborate on diagnostics and personalized medicine without sharing raw patient data. Federated learning can be used by hospitals to train diagnosis models by sharing insights without compromising patient confidentiality.
- Decentralized AI helps financial institutions by bolstering fraud detection and transaction security & ensuring customer insights and data privacy are kept at top priority levels. AI converts secure data across multiple nodes to improve risk assessments and dependability.
- Decentralized AI enhances customer personalization and preserves data privacy when keeping consumer insights localized in the retail sector. Retailers can tailor recommendations and inventory levels without relying on centralized consumer data repositories, promoting customer trust, and enhancing operational efficiency.
- DcentAI aims to remove the hurdles that may restrict the efficient deployment of decentralized AI by providing a standardized network design that reduces inefficiencies and irregularities.
- DcentAI addresses the challenge of data irregularities that may cause inconsistencies by leveraging optimized decentralized storage solutions and edge computing, allowing fast data processing close to the source.
- DcentAI aims to ease the complexities surrounding compliance with regional data protection rules and European GDPR. By providing a protocol for encryption and allowing data within specific geographic zones, DcentAI facilitates regulatory compliance and mitigates legal risks when operating decentralized AI networks globally.
- DcentAI fosters collaborative research by providing secure ways to share data among educational institutions, democratizing access to AI resources, allowing academic institutions to benefit from shared AI models regardless of their size.
- Decentralized AI offers a future where everyone will have access to AI resources, and data sharing is secure and effective, enabling real-time decision-making and fostering cooperative innovation across different businesses worldwide. DcentAI is poised to shape this era of innovation by leveraging scalable infrastructure and cutting-edge technology.
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Medium
3w
413
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The Changing Landscape of Product Management Careers
- Product Management (PM) roles have seen a shift in demand and opportunities.
- The internet boom brought rapid career growth for PMs, but the industry has entered a maintenance phase.
- Emerging industries like AI offer execution-focused roles with limited innovation opportunities.
- The key lies in identifying new industries with growth potential and adapting skills accordingly.
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Medium
3w
114
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What’s really AI-native? Cutting through the noise
- Companies that build LLMs are inherently AI-native.
- The rise in application-layer builds has been driven by traditional companies and new players.
- For something to be an AI-native application, AI capability needs to be at the core.
- Overall, these AI-native applications will change the game and drive outputs that transcend existing ways of assessing, processing, and executing.
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Medium
3w
352
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AI Meets Fame: How Artificial Intelligence is Transforming Celebrity Culture
- AI-powered holograms and audio reconstruction are transforming celebrity culture.
- Actors like Keanu Reeves and Bruce Willis are utilizing AI-powered digital doubles for blockbuster scenes.
- Artists are embracing AI tools to co-write songs and synthesize voices, sparking innovation and inspiration.
- Celebrities are using AI to analyze social media sentiment, craft better responses, and brainstorm viral content.
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Medium
3w
378
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I Guess I’m an AI Hypocrite
- The author reflects on the Luddites and the fear of technological change.
- They question their own behavior as they use AI for research while criticizing its presence on Medium.
- The author acknowledges their hypocrisy and wonders if others feel the same way.
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TechBullion
3w
154
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From Infrastructure Development to Global Innovation: How to Contribute to the U.S. Economy
- Valentin Shabalinov believes that empowering businesses is the key to driving economic growth and innovation.
- His expertise in investments and infrastructure development makes him a valuable resource for American businesses.
- Valentin aims to bridge the gap between vision and execution in businesses by providing resources and crafting strategies.
- He is committed to fostering partnerships and driving innovation and economic growth in the United States.
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