Plus Dell Lays of 12,500 For AI ▶️ AI-based agents, or "agentic systems," will revolutionize workplaces by automating tasks from coding to booking travel, using natural language processing to execute workflows. 🔽(subscribe below)
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AI Agents Will Change Our Working Lives Forever
AI-based agents are set to revolutionize workplaces by automating complex tasks, from coding to booking travel. Defined by McKinsey as "agentic systems," these AI agents leverage natural language processing to execute workflows independently. With six levels of AI functionality, these agents are predicted to be widely adopted across businesses, transforming how tasks are accomplished.
Dell Lays Off 12,500 Employees to Prioritize AI Development
Dell is laying off approximately 12,500 employees, about 10% of its workforce, focusing on AI-driven growth. The cuts mainly affect sales and marketing divisions. Executives Bill Scannell and John Byrne stated that Dell is streamlining management and shifting investment priorities to enhance customer and partner engagement with modern IT and AI solutions.
Is The AI Bubble About To Burst?
Following recent stock market volatility, there is speculation that the AI bubble may burst. Despite significant increases in AI-related stock prices, such as Nvidia, some companies report unsatisfactory earnings and public distrust in AI grows. However, AI leaders like Microsoft and Google are profitable and resilient. A potential correction may refocus efforts on genuine innovation, echoing the dot-com era.
Can AI Chatbots Be Reined In by a Legal Duty to Tell the Truth?
Ethicists suggest that developers of AI chatbots like ChatGPT should face legal requirements to prioritize accuracy and reduce errors, addressing the issue of AI "hallucinations." While the aim is to encourage honesty and reliable responses, some experts doubt its feasibility due to technological challenges. Proposals include linking to sources and using restricted data in high-risk areas. Critics argue that the focus should also be on broader issues of truthfulness in public discourse, noting that humans are also prone to errors .
Will Milei's AI Policing Plan Become a Tool for Social Control?
Argentinian President Javier Milei's AI-driven crime-fighting plan aims to predict and prevent crimes using technologies like facial recognition and social media monitoring. However, concerns about mass surveillance and potential civil liberties violations are growing. Critics argue that such systems, if unchecked, could stifle freedom of expression and target innocent people, recalling past abuses in Argentina.
ByteDance Launches AI Video App to Rival OpenAI
ByteDance has launched Jimeng AI, a new AI-powered app developed by its subsidiary Faceu Technology, capable of generating videos from text prompts. This launch follows OpenAI's introduction of its text-to-video model, Sora, which has prompted a competitive surge among Chinese tech firms. The AI market is projected to reach $909 billion by 2030, with GenAI revenues growing significantly across industries, especially in customer experience and marketing.