• Explainer: What risks do advanced AI models pose in the wrong hands?

    The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China and Russia with preliminary plans to place guardrails around the most advanced AI models, Reuters reported on Wednesday. Government and private sector researchers worry U.S. adversaries could use the models, which mine vast amounts of text and images to summarize information and generate content, to wage aggressive cyber attacks or even create potent biological weapons. Here are some threats...

  • AI voice scammers are posing as loved ones to steal your money — here's a foolproof trick to stop attacks

    Experts reveal the simplest way to differentiate friends and family from AI phone clones.

    • ZDNet

    Code faster with generative AI, but beware the risks when you do

    Nowadays, developers can turn to generative artificial intelligence (GenAI) to code faster and more efficiently. Nevertheless, they should do so with caution and no less attention than before.While the use of AI in software development may not be new -- it's been around since at least 2019 -- GenAI brings significant improvements in the generation of natural language, images, and -- more recently -- videos and other assets, including code, Diego Lo Giudice, Forrester's vice president and...

  • The hidden psychological risk of outsourcing decisions to AI

    As artificial intelligence creeps further into people’s daily lives, so do worries about it. At the most alarmist are concerns about AI going rogue and terminating its human masters. But behind the calls for a pause on the development of AI is a suite of more tangible social ills. Among them are the risks AI poses to people’s privacy and dignity and the inevitable fact that, because the algorithms under AI’s hood are programmed by humans, it is just as biased and discriminatory as many of us....

  • Musk's xAI shows there's more money on the sidelines for AI startups

    We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • Study: AI chatbots that simulate the dead risk haunting the bereaved

    Artificial intelligence (AI) chatbots which simulate the language and personalities of dead people risk distressing loved ones left behind through “unwanted digital hauntings,” a researcher has warned. A Cambridge University study suggested that the AI chatbots – known as deadbots – need design safety protocols to prevent causing psychological harm. Some companies are already offering services, which allow a chatbot to simulate language patterns and personality traits of a dead person using the...

  • You Will Fail at Risk-Taking Unless You Follow These 5 Strategies

    Succeeding in business and life always involves a degree of risk. Knowing how to take risks, when, and how to mitigate risks is essential to finding success.

  • New AI technique detects money laundering via cryptocurrencies

    Blockchain is often criticised as a solution in search of a problem. But one group of people has already found immense value in the tech: money launderers. Their crimes cause painful headaches for financial institutions, crypto businesses, legitimate law enforcement agencies, and cryptocurrency regulators. All of them need to tackle illicit activity on blockchains. Enter Elliptic, a British firm that specialises in cryptocurrency forensics. The company uses blockchain analytics to protect...

  • AI that determines risk of death helps save lives in hospital trial

    An AI trained on the heart's electrical activity alerted physicians about patients at high risk of dying, significantly reducing deaths in a clinical trial with almost 16,000 patients at two hospitals

  • 'Meltdown': CNN expert highlights biggest risk Stormy Daniels poses to Trump

    Former President Donald Trump's hush money trial saw one of its most explosive days yet when adult film star Stormy Daniels took the stand. Daniels, whose silence prosecutors say Trump bought with a $130,000 hush money payment concealed in falsified business records, grew heated under questioning and the former president demanded a mistrial over her personal comments about him.Ultimately, Daniels, who will be delivering more testimony later this week, poses a huge threat to Trump, said CNN...

  • UK fintech raises £800M for AI that determines how much money you can borrow

    An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring merits, at least in the lending world. Enter Abound. The London-based startup has just raised £800mn for its lending platform that uses AI to determine loan amounts. Dubbed Render, Abound’s AI analyses customers' full bank transaction data (from income to spending details) to understand their...

  • Financial Intelligence Unit arms itself with AI, ML tools to check money laundering

    India's Financial Intelligence Unit (FIU) has operationalised an advanced 2.0 version of its information technology system, armed with artificial intelligence and machine learning tools, to check money laundering and terrorist financing crimes in the country's economic channels. The upgrade of the technological backbone was required as the volume of data (suspicious transaction reports) flagged by banks and various other financial institutions to the FIU for analysis and further dissemination to...