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- Government Strategies for AI Regulation and Employees Optimistic About AI in 2024
Government Strategies for AI Regulation and Employees Optimistic About AI in 2024
PLUS: US Limits Stunt China's AI Goals
The Hidden Layer
October 23, 2023
Diving into Edition #20 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:
Apple's $1B Annual AI Investment
Employees Optimistic About AI in 2024
Google Makes AI Accessible to App Makers
Government Strategies for AI Regulation
Rushing to Embrace AI, Governments Risk Trampling Rights
Government agencies are rapidly adopting AI systems. The technology promises improved efficiency in areas like permitting, public health, law enforcement, and education. However, concerns remain about transparency, bias, and civil liberties.
Oversight and regulations around AI are still developing. The public often does not know when AI drives decisions about their lives. Lawmakers have put forth preliminary legislation to study AI usage and governance.
As governments embrace AI's potential, calls continue for balancing benefits and risks. More work may be needed on guardrails before AI becomes entrenched.
FROM OUR PARTNERS
AI Tool of the Day: Speechify
Introducing Speechify: Listen instead of reading. Speechify converts documents, articles, and photos into audio. AI voices read up to 9x faster, letting you immerse in texts or learn on-the-go. Experience reading redefined with listening, anywhere, anytime.
95% of employees believe AI will have a positive impact in 2024
Avanade research shows optimism about AI's workplace impact. 64% of business leaders think it will maintain or boost human roles. 95% of employees also see AI having a positive effect.
But employees need more skills to fully utilize AI tools. Employers must provide proper training and support.
The study reveals general optimism on AI's future role. But companies need an AI-first model within 12 months. This will meet customer expectations and stay competitive.
FROM OUR PARTNERS
AI Spotlight
US Limits Stunt China's AI Goals (Read more)
Apple's $1B Annual AI Investment (Read more)
Google Makes AI Accessible to App Makers (Read more)
IBM's NorthPole Chip Speeds Up Image Recognition (Read more)
Cher Opposes AI in Music Industry (Read more)
Prompt of the Day:
Develop a marketing strategy for [Your Product/Service Name] using the AIDA framework.
Attention: Suggest strategies or content ideas that will capture the audience's attention for [Target Audience].
Interest: Outline ways to maintain and heighten the audience's interest, focusing on [Specific Features/Benefits].
Desire: Explain how to create a strong desire for [Your Product/Service] among the audience.
Action: Propose actionable steps that will lead the audience to [Desired Action: e.g., purchase, subscribe, etc.]
Feel free to include any additional insights on market research, competitor analysis, or customer personas that are relevant to [Your Industry].
Decoding AI: Your Questions Answered
What is Gradient Descent?
Gradient descent is an optimization algorithm commonly-used to train machine learning models and neural networks. Training data helps these models learn over time, and the cost function within gradient descent specifically acts as a barometer, gauging its accuracy with each iteration of parameter updates. Until the function is close to or equal to zero, the model will continue to adjust its parameters to yield the smallest possible error.
Thank you for accompanying us through Edition #20 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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