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Happy Wednesday, fellow humans. 👋
Did you know that given the choice between good and bad news, 4 out of 5 people prefer to receive bad news first? We don’t have any bad news, just thought it could be your fun fact of the day.
Or not.
Let’s dive into it…
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🧵 In today's edition:
🤖 BCG’s AI report
😍 Accenture <3 AI
🐕🦺 UN’s AI Watchdog Agency
🤑 AI Fundraising News
🤖 Top AI News
🤖 BCG’s AI report
Consulting giant BCG’s AI report was making the rounds on Twitter yesterday. If you haven’t seen it yet, we got your back.
BCG surveyed 13,000 C-suite leaders and managers for the “AI at Work” report -f here is a quick summary:
62% of leaders surveyed are bullish on AI’s future, compared to 42% of frontline employees.
80% of leaders use AI regularly, compared to 20% of frontline employees
68% of leaders feel they can responsibly use AI, compared to 29% of frontline employees.
44% of leaders received AI training, compared to 14% of frontline employees
Overall, 79% of respondents feel that AI should be regulated.
Thoughts: Leaders have a more optimistic view of AI than frontline employees. Why?
Leaders are not scared of their jobs being taken.
Leaders are more at liberty to experiment with these v0/v1 tools and marvel at their excellence rather than use them in their day-to-day jobs to execute
Frontline workers, who tend to do the majority of the heavy lifting (work-wise), see no benefits of AI since they can’t reliably use any of the tools at their disposal.
There is also a lack of AI training for frontline workers, resulting in the inability to use AI tools efficiently.
Now, it’s important to recognize that we are just at the start of what is looking to be the technological revolution of this generation, but stats like this are important to track.
More training and more exposure will allow daily users to understand the power of AI tools and dissipate any fears of AI affecting jobs in the near future.
Read the full report here.
Read more: BCG
😍 Accenture <3 AI
Getty Images
Speaking of consulting firms, Accenture is getting ready to double down on its AI bet.
Accenture announced it would invest $3 billion in AI over three years to broaden its Data & AI practice and offer new industry solutions and pre-built models.
The company will also double its current AI talent pool to 80,000 employees and is rolling out a new platform called AI Navigator for Enterprise, a generative AI-based platform designed to help “guide clients through building and using AI in their businesses.”
Accenture's investment and AI efforts come as other consulting firms like PwC and EY also make significant investments in AI, and concerns over job losses due to AI-powered automation persist.
Read more: The Messenger
🐕🦺 UN’s AI Watchdog Agency
UN Secretary-General Antonio Guterres has expressed openness to establishing a UN agency dedicated to AI.
While he lacks the authority to create such an agency, he said that outside experts, including two from the AI sphere, would be part of an upcoming scientific advisory body he will appoint.
Guterres also announced plans for a digital compact aimed at promoting facts, exposing lies, and helping governments and tech companies navigate ethical and legal issues related to misinformation and hate speech.
The code of conduct will be issued before the UN Summit of the Future in September 2024.
Model UN is about to get a whole lot more fun.
Read more: Voa News
🤑 AI Fundraising News
France’s Mistral AI raises a $113M seed round at a $260M valuation to develop, test, and implement large language models and generative AI.
Striveworks raises $33M to build tools for machine learning operations
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🗞️ Byte size: AI article summaries
Disclaimer: AI is (partially) used to summarize these articles.
Cisco's CEO is worried about unethical AI [Semafor] - Cisco CEO Chuck Robbins expressed concerns about the security risk posed by unethical AI as the technology develops. He warned that while AI can be used to protect people more effectively, it can also be used by bad actors to attack more effectively. In addition to security risks, Robbins also pointed out that AI poses economic risks to workers and emphasized the need for labor and immigration reform if the US wants to maintain a sector that is not heavily reliant on AI for automation. (Read more)
Amazon cracks down on fake reviews with AI [BBC] - Amazon is using AI to identify fraudulent reviews and comments through ML models that analyze thousands of data points to detect fake reviews. Amazon has been using AI for several years but intends to continue investments in more sophisticated tools to improve protection for customers and sellers on its platform. Last year the company blocked 200 million suspected fake reviews and is calling for more cooperation between the private sector, consumer groups, and governments to make the strategy more effective. (Read more)
🐦️ Tweet of the day
A good watch 👇️
WATCH: Human Rights Subcommittee Chairman Ossoff's opening statement exploring the implications of artificial intelligence for human rights.
— Ossoff's Office (@SenOssoff)
7:13 PM • Jun 13, 2023
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And that does it for today's issue.
As always, thanks for reading. Have a great day, and see you next time! ✌️
— Haroon: (definitely) Not A Robot and @haroonchoudery on Twitter
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