More AI, more problems?

Hello! According to a new UK Government report, City of London finance workers are among those most likely to experience changes in the workplace due to AI.

— Lavena Xu-Johnson

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Why deep fakes inspire a need for identity ownership

AI leads to firm identity copyright: In a future where AI can create realistic videos of anyone saying anything, identity ownership makes the most sense.

According to Tom Graham, CEO of Metaphysic the creation of a new intellectual property right to one's own likeness would give someone the chance to seek remedies if a third party, for instance, tried to profit from realistic artificially generated images or audio that substantially resembled them.

In the physical world, controlling what happens to one's body is a fundamental human right: Graham noted, urging that a similar right be recognized for identifiable digital presentations of yourself.

⏰ Top 5 Headlines

🔗Link: OpenAI formalizes Sam Altman's return, gives Microsoft non-voting board seat.

🔗Link: Google DeepMind researchers use AI tool to find 2mn new materials.

🔗Link: JPMorgan says AI technology is starting to generate revenue.

🔗Link: Voicemod will now let you create and share your own AI voices.

🔗Link: Nvidia’s CEO thinks AGI will be here in the next 10 years.

OpenAI governance changes could include altering non-profit structure

OpenAI is in the midst of transformative governance changes led by reinstated CEO Sam Altman. In a recent Axios interview, Altman highlighted the top priority of the new board: exploring adjustments to OpenAI's governance structure, including reconsidering its non-profit status.

1. Strategic governance evaluation: OpenAI's governance overhaul is driven by a proactive approach to adapt to the evolving AI landscape. CEO Sam Altman stressed that the process requires careful consideration, signaling a commitment to meaningful changes over time.

2. Diversity in board composition: As part of the governance evolution, OpenAI aims to diversify its board, seeking additional members with varied perspectives. This aligns with the organization's dedication to inclusive decision-making in shaping the future of artificial intelligence.

3. Reflecting on ouster and independent review: Altman, reinstated after being ousted, anticipates insights from an independent review into the circumstances of his removal. While not fixated on a board seat, Altman sees his return as an opportunity for organizational learning. He refrains from offering definitive conclusions, indicating ongoing reflection.

Amazon’s Q AI assistant

What is Amazon Q - Amazon’s latest chat tool? Amazon Q acts like an AI assistant where users can ask questions about their businesses using their data. 

Why is it useful? Q can surface the information instead of the employee sifting through dozens of documents. 

Behind the development: AWS said Amazon Q was trained on 17 years’ worth of AWS knowledge and can be used to ask questions specific to AWS use. It can suggest the best AWS services for a project.

How Much is Q? Pricing for Amazon Q in Connect starts at $40 per agent per month. According to AWS’s Connect website, users can try Amazon Q in Connect “for no charge until March 1, 2024.” 

Wall Street banks are poaching rival AI talent

As Banks Rival to Take On the Best AI Talent, Goldman Sachs Group Inc is losing the fight. The Wall Street giant has seen a net outflow of 60 people to rivals such as Morgan Stanley and Citigroup Inc. in the 12 months through September, the most of any of its biggest rivals. 

Goldman Sachs has lost 106 staffers to rivals:That’s just a small fraction of the nearly 46,000 employees the bank has globally. To be sure, the bank has been hiring and making investments as it seeks to attract top AI talent.

The world’s biggest banks have slowly begun experimenting more with AI: At Citigroup, for instance, the firm is planning to equip its 40,000 coders with the ability to experiment with different AI technologies by the end of the first quarter.

AI's boom raises concerns for creators

As generative AI gains traction among creators, about 19 startups are diving into the AI space. However, worries about proper credit persist, leading to legal actions like comedian Sarah Silverman's lawsuits against Meta Platforms and OpenAI. In a recent discussion, creators emphasized the need for transparency about AI's role and vigilance in monitoring their content's contribution to large AI models. Key points include the importance of disclosure to avoid backlash, the absence of unified AI legislation, and ongoing uncertainties around content moderation in the AI era.

Extra reads…

• How AI will change investment and research (Financial Times)

• The case for collaborating with China on tech and AI (UKTN)

• 5 AI trends to watch out for in 2024 (Raconteur)