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AI IS THE BUZZ, THE BIG OPPORTUNITY AND THE RISK TO WATCH AMONG THE DAVOS GLITTERATI

Techlife News

|

January 20, 2024

Illustrating AI’s geopolitical importance like few other technologies before it, the word was on the lips of world leaders from China to France. It was visible across the Swiss Alpine town and percolated through afterparties.

AI IS THE BUZZ, THE BIG OPPORTUNITY AND THE RISK TO WATCH AMONG THE DAVOS GLITTERATI

Here’s a look at the buzz:

OPENAI OPENING BIG AT DAVOS

The leadership drama at the AI world’s muchballyhooed chatbot maker followed Altman and Nadella to the swanky Swiss snows.

Altman’s sudden firing and swift rehiring last year cemented his position as the face of the generative AI revolution but questions about the boardroom bustup and OpenAI’s governance lingered. He told a Bloomberg interviewer that he’s focused on getting a “great full board in place” and deflected further questions.

At a Davos panel on technology and humanity Thursday, a question about what Altman learned from the upheaval came at the end.

“We had known that our board had gotten too small, and we knew that we didn’t have a level of experience we needed,” Altman said. “But last year was such a wild year for us in so many ways that we sort of just neglected it.”

Altman added that for “every one step we take closer to very powerful AI, everybody’s character gets, like, plus 10 crazy points. It’s a very stressful thing. And it should be because we’re trying to be responsible about very high stakes.”

WORLD LEADERS WANT TO LEAD THE WORLD ON AI

From China to Europe, top officials staked their positions on AI as the world grapples with regulating the rapidly developing technology that has big implications for workplaces, elections and privacy.

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AMAZON'S AUTOMATION PLAN COULD REPLACE 600,000 JOBS BY 2033

Amazon is accelerating its shift toward automation across its U.S. operations, in what analysts describe as one of the largest workforce restructurings in the company's history. Internal projections reviewed by multiple industry sources suggest that by 2033, Amazon expects to automate tasks equivalent to more than 600,000 human jobs, effectively reducing hiring needs even as its total output doubles. The long-term plan would see robots, artificial intelligence systems, and machine-learning tools taking over an expanding share of warehouse, logistics, and delivery operations.

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THE ALL-NEW VOLVO ES90 EV SEDAN: LUXURY MEETS ELECTRIC IN VERSATILE FORM

Volvo ES90 represents the Swedish automaker's first major push into a high-end electric sedan built on its dedicated 800-volt architecture and premium safety technology stack.

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APPLE CHALLENGES EU DIGITAL MARKETS ACT IN MAJOR COURT TEST

Apple has mounted a high-stakes legal challenge against the European Union's Digital Markets Act (DMA), a sweeping law designed to rein in the power of large technology platforms.

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AIRBNB CEO BRIAN CHESKY SAYS OPENAI TOOLS “NOT READY” FOR FULL CHATGPT INTEGRATION

Airbnb Chief Executive Officer Brian Chesky has publicly declared that OpenAl’s suite of tools is not yet mature enough to power the company’s core app experiences.

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AI CAN HELP THE ENVIRONMENT, EVEN THOUGH IT USES TREMENDOUS ENERGY

Artificial intelligence is often criticized for its substantial consumption of electricity and water—data centers powering AI now account for roughly 1.5% of global electricity usage, with projections showing that figure could double by 2030. Yet amid the concerns, researchers are discovering compelling ways in which AI itself may help tackle climate change and reduce environmental impact.

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APPLE FACES APP STORE CHALLENGES IN CHINA AMID NEW ANTITRUST COMPLAINT

Apple is once again confronting regulatory turbulence in China, where it now faces a formal complaint accusing its App Store of violating antitrust law and restricting consumer choice.

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MICROSOFT PRESSURES XBOX DIVISION TO HIT 30 PERCENT PROFIT TARGET, TRIGGERING INDUSTRY REVERBERATIONS

Microsoft has quietly been imposing a bold new standard on its gaming arm—demanding that its Xbox studios deliver operating margins near 30 percent, a figure far above industry norms.

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2 mins

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RIVIAN CUTS 600 JOBS AS EV MARKET COOLS AND INCENTIVES FADE

Rivian Automotive has announced plans to lay off approximately 600 employees, about four percent of its U.S. workforce, in a renewed effort to reduce costs and navigate the growing turbulence in the electric vehicle market. The decision underscores a turning point for the California-based automaker, which is facing declining EV demand, the expiration of key tax credits, and intensifying competition from both established carmakers and newer electric rivals.

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MACBOOK PRO M5 VS. M4: WHAT'S NEW IN APPLE'S LATEST MODEL

Apple's newest 14-inch MacBook Pro with the M5 chip continues the company's steady march toward professional computing built entirely on its own silicon.

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4 mins

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YOUTUBE LAUNCHES AI LIKENESS DETECTION TO FIGHT DEEPFAKES AND IDENTITY MISUSE

YouTube has unveiled an Al likeness detection tool designed to protect creators from unauthorized use of their face or voice in Al-generated videos.

time to read

3 mins

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