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- AI Innovations: From Tax Oversight to Healthcare Breakthroughs
AI Innovations: From Tax Oversight to Healthcare Breakthroughs
PLUS: Tech leaders discuss AI risks in Capitol Hill
The Hidden Layer
September 14, 2023
Diving into Edition #11 of "The Hidden Layer." Continuing our journey, we'll further explore the profound ways AI is reshaping the landscape of business and society, uncovering layer after layer.
Today's AI Headlines:
IRS uses AI to target tax evasion
Adobe launches AI product, plans price rise
AI reshaping healthcare landscape
Tech leaders discuss AI risks in Capitol Hill
IRS deploys artificial intelligence to catch Tax evasion
The IRS is now deploying artificial intelligence to investigate potential tax evasion at complex, opaque partnerships. This aims to improve audit targeting after low historical enforcement rates. The IRS AI push follows major funding increases to police wealthier taxpayers. However, debates persist around potential IRS overreach and AI bias. The development highlights promises and risks of using AI for crucial public sector functions like tax enforcement. Ensuring accountability as governments adopt transformative technologies will be critical.
Why Does This Matter?
As governments increasingly adopt AI, ensuring transparency, accountability and fairness will be critical. There are also wider debates around how to responsibly govern rapidly evolving technologies with transformative potential.
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Artificial Intelligence is Helping Revolutionize Healthcare As We Know It
Johnson & Johnson is harnessing artificial intelligence in various ways to transform healthcare. Applications include developing algorithms to detect diseases earlier, accelerating drug discovery, enabling more targeted clinical trials, strengthening supply chains, and analyzing surgical videos for efficiency and learning. AI is being used to uncover insights from data to improve patient outcomes. Johnson & Johnson is collaborating with partners and focusing its AI efforts on augmenting human capabilities.
Why Does This Matter?
As a major healthcare company, Johnson & Johnson's adoption of AI signals how vital the technology is becoming in the industry. It also reflects the growing integration of advanced technologies in healthcare to improve quality, access and personalized medicine. Discussions around governing AI ethically are increasingly important as its healthcare applications expand.
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AI Spotlight
Prompt of the Day:
Evaluate [specified topic] and provide me with 5 strategies to elevate its appeal and captivate the audience.
Specified topic = [Insert here]
Decoding AI: Your Questions Answered
What is a Hidden Layer?
Located between the input and output layers, hidden layers contain nodes that perform computations and transfer information from the input nodes to the output nodes. The complexity of a neural network can be gauged by the number and size of its hidden layers. These layers enable the network to learn intricate patterns and relationships from the data.
Thank you for accompanying us through Edition #11 of The Hidden Layer. Eager to understand more about AI's role in business and society? Your insights and queries might just pave the way for our upcoming edition. Stay curious!
Until next time,
Best,
The Hidden Layer Team
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