The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end …
“We want to see divestiture from this Chinese company because we are concerned, as every American ought to be concerned, about data security and what ByteDance and what the Chinese Communist Party could do with the information that they can glean off of Americans use of the application.” The White House’s call to action comes …
“I understand, however, that SpaceX is possibly withholding broadband internet services in and around Taiwan — possibly in breach of SpaceX’s contractual obligations with the U.S. government,” read the letter, which was signed by Rep. Mike Gallagher, R-Wi., who chairs the House CCP committee. The Pentagon awarded SpaceX a one-year contract for Starshield in September, …
Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. The APEC summit is being held in San Francisco and runs through November 17. Justin Sullivan | Getty Images News | Getty Images Munich, GERMANY â Rapid developments in …
Richard Branson believes the environmental costs of space travel will “come down even further.” Patrick T. Fallon | AFP | Getty Images Dozens of high-profile figures in business and politics are calling on world leaders to address the existential risks of artificial intelligence and the climate crisis. Virgin Group founder Richard Branson, along with former United …
TikTok did not immediately respond to a request for comment. In late 2022, Biden signed legislation that barred most federal government-owned devices from using TikTok. The provision was part of a massive omnibus spending bill and, at the time, it represented a major win for China hawks in Congress. Several states and New York City …
SEC Chairman Gary Gensler has warned of the danger of letting AI tools make incorrect assumptions about investors, and exercise a bias toward a firm’s own products. More than 20 Republican lawmakers in the House and Senate sent Gensler a letter last fall, calling on the SEC to withdraw the rule. They argued that compliance …
UN Secretary-General Antonio Guterres addresses the assembly during the World Economic Forum (WEF) meeting in Davos on January 17, 2024. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images United Nations Secretary-General António Guterres on Wednesday called on political and business leaders to prioritize …
The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a lack of demand for its flagship smartphone. Between Jan. 18 …
Alfieri | Digitalvision Vectors | Getty Images As around half of the world’s adult population heads to the polls in a bumper year of elections, concern over the role of artificial intelligence in disrupting outcomes has topped the list of the biggest risks for 2024, according to a new report. The World Economic Forum’s “Global …