This issue covers the surge in AI adoption, Adobe's T&C backlash, chatbots' election blunders, Microsoft's security concerns, and the latest AI features from Apple and Asana.
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AI Round Up
This issue covers the surge in AI adoption, Adobe's T&C backlash, chatbots' election blunders, Microsoft's security concerns, and the latest AI features from Apple and Asana.
AI Adoption Soars, Delivers Results- McKinsey's latest report reveals a surge in AI adoption, with businesses seeing significant benefits in cost savings and revenue growth.
Adobe Faces Backlash Over New Terms - Despite Adobe's assurances that it won't use customer content for AI training or claim ownership, the changes have raised alarm about data protection and transparency.
AI Chatbots are often wrong about the 2024 US Elections- A recent study found that AI chatbots answered questions about the 2024 election incorrectly 27% of the time, highlighting the ongoing need for human oversight in AI applications.
Asana Introduces AI Teammates for Enhanced Collaboration - Asana has launched AI teammates designed to work alongside human employees, leveraging its work graph to train these AI assistants for better workflow integration and efficiency.
Comparing AI usage across 6 countries- A study by the Reuters Institute reveals mixed feelings about generative AI in journalism among the public in six countries. While some see potential benefits in areas like healthcare and daily tasks, many are concerned that AI might degrade the quality of news.
AI in Real Life
The eye-brow raising applications of AI that stopped us in our tracks.
LOGISTICS |Amazon AI Enhances Sustainability by Spotting Defects– Amazon uses AI technology, Project P.I., to detect product defects before shipping, reducing waste and carbon footprint. This initiative aligns with their sustainability goals by preventing defective items from reaching customers and minimising returns, thereby lowering unnecessary packaging and emissions.
FINANCE |Analysing Agreements using AI– JP Morgan took commercial loan agreement processing from a manual 360,000 hours activity to seconds.
TECH |Shutterstock Earns $104 Million from AI Licensing- Shutterstock generated $104 million last year by licensing its assets to AI developers. This revenue highlights the growing demand for high-quality content to train AI models.
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