In other AI news, the European Union has agreed on a "sweeping new law" to regulate AI, which could become a global standard for risk classification, transparency enforcement, and financial penalties for noncompliance. IBM and Meta have launched the AI Alliance, a collaboration of over 50 entities aiming to ensure responsible AI development. Google has updated its Gemini Large Language Model (LLM), enhancing its ability to understand video, audio, and photos. Microsoft's Seeing AI app is now available on Android, and McDonald's plans to use Google's AI cloud technology to optimize its restaurant operations.
Key takeaways:
- OpenAI CEO Sam Altman was briefly ousted and then reinstated, leading to a reset of the governing board at the AI company. The saga has highlighted the tension between the drive for profit and the ethical concerns surrounding AI development.
- The European Union has agreed on a new law to regulate artificial intelligence, which could become a global standard. The AI Act will enforce transparency, classify risk, and financially penalize tech companies for noncompliance.
- IBM and Meta have launched the AI Alliance, a collaboration of over 50 entities aiming to ensure that AI is built responsibly and benefits everyone. However, OpenAI and Google are not part of this alliance.
- Google, Meta, and Microsoft are all making significant advancements in AI, with Google's Gemini large language model (LLM) now able to understand video, audio, and photos, and Microsoft's Seeing AI app now available on Android. However, there are concerns about the speed of development and whether all potential issues can be fixed later.