The U.S.-China Economic and Security Review Commission has proposed a “Manhattan Project-like program” for the development of artificial general intelligence (AGI). The Commission suggests that Congress could provide funding for AI, data, and cloud computing companies to keep the U.S. ahead in AI development. Despite China's rapid progress in AI, it still lags behind the U.S. and its allies in developing AI models and producing the necessary chips to power AI.
Key takeaways:
- AI-powered cybercrimes are increasing, with hackers using AI to make automated fraud more humanlike and harder to detect. However, only about one in five enterprises reported being “very well prepared” to deploy their own AI to defend against these cyberattacks.
- Generative AI can be used to automate phishing and social-engineering attacks, and some AI algorithms can make AI more adept at guessing passwords.
- The U.S.-China Economic and Security Review Commission has proposed a "Manhattan Project-like program" for the development of artificial general intelligence (AGI), with the aim of keeping the U.S. in the lead on AI.
- Fast Company's 2024 Next Big Things in Tech honorees include several companies working in artificial intelligence, such as Bellwether, Enko Chem, Qualcomm, Cerebras Systems, and Nanotronics Imaging.