EU reaches landmark agreement on artificial intelligence regulation

EU reaches landmark agreement on artificial intelligence regulation

After 36 hours of negotiations, European Union (EU) officials have reached a provisional agreement on groundbreaking regulations for the use of artificial intelligence (AI). The deal encompasses rules regarding AI systems like ChatGPT and facial recognition. The AI Act proposals … Continue reading EU reaches landmark agreement on artificial intelligence regulation

Fraudsters utilize AI to impersonate African Union chief, Moussa Faki

Fraudsters utilize AI to impersonate African Union chief, Moussa Faki

Fraudsters have targeted the African Union Commission, employing artificial intelligence techniques to impersonate the Commission’s head, Moussa Faki. Moussa Faki, the Chairperson of the African Union Commission, typically initiates contact with global leaders via formal letters known as “note verbale” … Continue reading Fraudsters utilize AI to impersonate African Union chief, Moussa Faki

Chinese scammer exploits artificial intelligence to deceive businessman in multi million yuan fraud

Chinese scammer exploits artificial intelligence to deceive businessman in multi million yuan fraud

According to authorities, a scammer in China employed artificial intelligence (AI) to deceive a businessman and swindle him out of millions of yuan. The victim, identified as Guo, received a video call from an individual who appeared and sounded like … Continue reading Chinese scammer exploits artificial intelligence to deceive businessman in multi million yuan fraud

G7 leaders to assess impact of generative AI, launching discussions on responsible use

G7 leaders to assess impact of generative AI, launching discussions on responsible use

G7 leaders have emphasized the urgent need to evaluate the consequences of generative artificial intelligence (AI), revealing their plans to initiate discussions on the responsible utilization of this technology. The seven major economies announced the establishment of a working group … Continue reading G7 leaders to assess impact of generative AI, launching discussions on responsible use

IBM CEO states company may replace 7,800 jobs with AI, will pause hiring for replaceable roles

IBM CEO states company may replace 7,800 jobs with AI, will pause hiring for replaceable roles

Arvind Krishna, the CEO of IBM, has announced that the company will pause recruitment for jobs that could be replaced with AI within the next five years. Krishna explained that jobs in back-office functions like human resources will slowly be … Continue reading IBM CEO states company may replace 7,800 jobs with AI, will pause hiring for replaceable roles

Chuka Ofili predicts 133 million jobs to be created by 2025 due to AI expansion, allays job-loss fears

Chuka Ofili predicts 133 million jobs to be created by 2025 due to AI expansion, allays job-loss fears

Chuka Ofili, a tech entrepreneur, has predicted that the expansion of Artificial Intelligence (AI) will generate approximately 133 million jobs by 2025. Speaking at the 2023 edition of The Platform on Monday, Ofili stated that the upscaling of technology would … Continue reading Chuka Ofili predicts 133 million jobs to be created by 2025 due to AI expansion, allays job-loss fears

ChatGPT

Italy has become the first Western country to ban ChatGPT over privacy concerns

Italy has become the first Western country to block advanced chatbot ChatGPT, citing privacy concerns. The Italian data-protection authority announced that it would ban and investigate US start-up OpenAI, which created ChatGPT and is backed by Microsoft, “with immediate effect”. … Continue reading Italy has become the first Western country to ban ChatGPT over privacy concerns