AI Fears Grow

Plus: New Market Segments with AI

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Good morning. Today's top story is that “Fortune 500 AI Fears Grow“.

In today’s topics:

  1. Fortune 500 AI Fears Grow

  2. 7 New Quick Hits

  3. Market Evaluation with AI

  4. 4 Trending AI Tools

Read Time: 5 Minutes

LATEST NEWS & QUICK HITS

⚠️ Fortune 500 AI Fears Grow

The Veroneus: According to a study conducted by Arize AI, Fortune 500 companies show apprehension, towards the risks associated with generative AI rather, than its potential benefits.

The Details:

  • Over two-thirds (69.4%) of Fortune 500 companies that referenced generative AI in their most recent annual statements did so primarily in relation to risk factors.

  • The concerns revolved around how the technology was being used along, with worries, about competition and security risks.

  • In their reports a total of 281 firms listed AI as a potential threat showing a significant spike of 473.5% compared to the prior year, among Fortune 500 companies.

  • 30.6% of the businesses mentioned the benefits and uses of AI.

The Significance: Fortune 500 companies are emphasizing the importance of taking steps to tackle the issues associated with AI and to ensure its responsible use and advancement.

⚡️Quick Hits

  • OpenAI has teamed up with Condé Nast to improve the incorporation of high quality journalism, into ChatGPT and SearchGPT

  • Trump posted a created image of Harris at the Democratic National Convention with flags

  • Google launches free AI image generator

  • AMD targets Nvidia with a $5 billion acquisition.

  • Trump shares fake AI images of Taylor Swift, falsely implying her support

  • Digital creators are applauding Procreate for its opposition, to AI technology

  • Mayoral hopeful, in Wyoming promises to allow an OpenAI bot to oversee the city causing uproar, from the tech company.

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