Top Artificial Intelligence News

Jeff Katzenberg says AI will cut costs of animated films by 90% -- 

Entertainment industry veteran Jeffrey Katzenberg believes artificial intelligence (AI) will revolutionize animation production, significantly reducing costs. Speaking at a Bloomberg New Economy Forum panel, Katzenberg predicted AI's impact on entertainment will be unparalleled. He envisions a future where creating a top-tier animated film requires just 10% of the workforce it traditionally did, thanks to AI.

The 72-year-old Katzenberg, who rose to fame at Disney before co-founding DreamWorks, sees AI as a catalyst for the entertainment industry's digital transformation. The panel discussion, hosted by Bloomberg, explored the influence of emerging technologies on how we live and work.

Inflection AI CEO says the US will continue to be a leader in AI--

Mustafa Suleyman, co-founder of Google DeepMind, predicts the US will hold the top spot in AI development for the next decade, despite China's growing IT industry challenging for the lead.

Suleyman made this claim during an interview for Bloomberg Originals' AI IRL series. This competition has caused concern in the US, particularly regarding China's potential military use of AI. The US government has implemented restrictions on investments in Chinese AI companies citing national security.

While the US attempts to slow China's progress, China's tech sector remains active. Chinese entrepreneur Kai-Fu Lee's company, 01.AI, even released a strong open-source language model. Additionally, Baidu claims its language model rivals OpenAI's GPT-4.

However, Helen Toner, from Georgetown University, advises against mistaking these advancements for a complete Chinese advantage in AI.

Experts say rapid advancements of AI pose a threat to democracy--

AI's Rise Sparks Concerns for Democracy and Fairness

At a New York conference, AI scientists sounded the alarm on the rapid development of Artificial Intelligence (AI) and its potential to disrupt democratic processes, particularly elections. Their concerns extend beyond elections, even suggesting a threat to human survival in some scenarios.

A recent surge in generative AI, capable of creating realistic text, images, and videos based on prompts, has fueled both excitement and apprehension. Some fear AI could displace jobs, manipulate elections, or even become a threat to humanity.

A key concern lies in the rise of "deepfakes." These AI-generated, hyper-realistic videos, trained on vast amounts of online footage, have flooded social media, blurring the lines between fact and fiction, especially in politics. According to NYU professor Gary Marcus, creating such synthetic media used to cost millions, but can now be done for as little as $300.

Beyond elections, conference experts highlighted the growing adoption of AI for decision-making, particularly in areas like pricing, which raises concerns about potential bias. Marta Tellado, CEO of Consumer Reports, cited an investigation showing car insurance costing 30% more for residents in predominantly Black or Brown neighborhoods bordering white-majority areas. This suggests the algorithms could be perpetuating discriminatory practices.