AI Ethics, Governance & Policy

Ethics & Society: Facebook’s Claims on AI Efficacy Facebook recently asserted that its artificial intelligence (AI) systems have led to a 50% reduction in hate speech. However, internal documents reveal significant shortcomings in the effectiveness of these measures. Reports indicate that the company’s AI struggles to adequately manage hate speech, prompting skepticism about its public…

Artificial Intelligence and Chatbots No-code AI solutions are enabling more businesses to embark on their AI journeys than ever before. Athics, through its Crafter.ai platform for deploying conversational bots, is particularly knowledgeable on this subject. We spoke with Stefano Somenzi, CTO at Athics, to gather insights on no-code AI and the evolution of virtual agents….

Clearview AI Faces Potential £17M Fine from UK Privacy Watchdog Clearview AI is once again under scrutiny, this time from the UK’s Information Commissioner’s Office (ICO). The controversial facial recognition company has drawn the attention of privacy regulators and advocates due to its practice of collecting personal images from the internet without explicit consent. Reportedly,…

FTC Moves to Block Nvidia’s $40B Acquisition of Arm The Federal Trade Commission (FTC) has taken the groundbreaking step of suing to block Nvidia’s proposed $40 billion acquisition of the British chip designer Arm. This move marks a significant regulatory action against what could become the largest semiconductor chip merger in history. Arm’s designs are…

Oxford Union Engages AI in Ethical Debate The Oxford Union, renowned for its debate culture at the University of Oxford, recently hosted an artificial intelligence in a discussion regarding the ethics of its own existence. This event took place earlier in December and yielded concerning insights. The AI in question, known as the Megatron Transformer,…

Making the UK an AI Superpower The British technology sector experienced unprecedented investment, amounting to £29.4 billion in 2021. Despite this success, the UK’s AI and tech landscape has yet to reach the global superpower status evident in nations like China, Russia, and the US. It is evident that significant changes are required to elevate…

Editorial: Our Predictions for the AI Industry in 2022 The AI industry has seen significant growth as businesses sought to maintain continuity amid rapidly changing circumstances. Companies already invested in AI are now doubling down, taking advantage of the benefits that come with it. As we approach the new year, it’s important to consider what…

Artificial intelligence has become integrated into various aspects of our lives, including financial management. We posed several common personal finance questions to the free version of ChatGPT, a widely recognized AI chatbot, to seek its assistance. Following this, we shared the AI’s responses with financial experts to gauge their opinions. Pensions We inquired: “I am…

NVIDIA Attempts to Address Arm Merger Concerns in CMA Response The UK’s Competition and Markets Authority (CMA) has released statements from NVIDIA and Arm aimed at mitigating worries regarding their proposed merger. NVIDIA announced its plans to acquire the Cambridge-based Arm in September 2020 for a substantial sum of $40 billion. Given the prominence of…

AI Bias Harms Over a Third of Businesses; 81% Seek More Regulation AI bias is increasingly impacting the corporate landscape, with many businesses calling for enhanced regulatory measures to combat this issue. This insight stems from the “State of AI Bias” report conducted by DataRobot in collaboration with the World Economic Forum and various global…