JPMorgan CEO Says AI is the Most Important Issue Facing the U.S. Largest Bank - AI in Daily Life - News

JPMorgan CEO Says AI is the Most Important Issue Facing the U.S. Largest Bank

JPMorgan Chase CEO Jamie Dimon revealed Monday that artificial intelligence is one of the biggest challenges facing the largest bank in the U.S.  In his “Annual Report 2023” letter, Dimon said JPMorgan faced several challenges, from the terrible ongoing war and violence in the Middle East and Ukraine to geopolitical tensions with China, but highlighted…

Read More
Tesla Set to Unveil Revolutionary Robotaxi: A Game-Changer in Transportation - AI in Daily Life - News

Tesla Set to Unveil Revolutionary Robotaxi: A Game-Changer in Transportation

The company that produces electric vehicles (EVs) and other products such as ai, play-for-tesla-and-xais-future/” target=”_blank” rel=”noopener”>Tesla happens to be the forefront runner. On the 8th of August 2024, Tesla will reveal the long-awaited Robotaxi, which has become a very popular topic. The unveiling being given is, consequently, the peak of 10-year progress on self-driving, this…

Read More
Artificial Intelligence Reshaping Modern Libraries - AI in Daily Life - News

Artificial Intelligence Reshaping Modern Libraries

Today, artificial intelligence (ai) is both the trigger and the catalyst of library transformations worldwide and pioneers the inventive management methods of knowledge-sharing in business processes, which shift speedily, embarking on the senior experience level. The concept of the library might no longer be limited to only prosaic events that currently abound. Still, it could…

Read More
China Utilizes AI to Craft Propaganda, Impacting Global Perception of Gaza Conflict - AI in Daily Life - News

China Utilizes AI to Craft Propaganda, Impacting Global Perception of Gaza Conflict

The Gaza War took place October 7, 2023, known as “Operation Al-Aqsa Flood,” and will be the first war of the twenty-first century. It has brought a new turn with the involvement of artificial intelligence (ai). ai being deployed for military operations, the building of international mindsets, and strategic responses from leading Global players such…

Read More
WHO Introduces SARAH: AI-Powered Digital Health Promoter - AI in Daily Life - News

WHO Introduces SARAH: AI-Powered Digital Health Promoter

It will certainly be at the forefront as it provides an innovative way of replacing the whole worldwide process of health information acquisition. SARAH is a mobile and web-based uk–experiment/” target=”_blank” rel=”noopener”>ai-powered health education platform that strengthens individual health education wherever people are (home, office, and public places). The SARAH system gives health information to…

Read More
AI Era Human-Oriented Skills Vital in University Curricula Says Hedge Fund Technology Head - AI in Daily Life - News

AI Era Human-Oriented Skills Vital in University Curricula Says Hedge Fund Technology Head

Olga Naumovich, the head of technology at hedge fund Millennium, offered valuable insights into the evolving landscape of tech jobs in finance In the University of Miami keynote address, . With the availability of ai, the debate over the relevance of coding skills has intensified, prompting questions about the optimal university courses for aspiring software…

Read More
Global Efforts Combatting Illegal Fishing: AI and Underwater Robots Lead the Charge - AI in Daily Life - News

Global Efforts Combatting Illegal Fishing: AI and Underwater Robots Lead the Charge

Struggles to discontinue unlawful, unregistered, and unmanaged fishing have intensified. Recently, 25 Spanish-flagged fishing vessels were punished by the Spanish government for operating around Argentina’s underwater borders. Fines were paid for the vessels that voluntarily shut down their transponders with the AIS that tags vessels on the automation of their robot-disease-in-dutch-tulip-fields/” target=”_blank” rel=”noopener”>GPS-based AIS (AIS)…

Read More
Struggling News Agency Ceases Operations Amidst Financial Turmoil - AI in Daily Life - News

Struggling News Agency Ceases Operations Amidst Financial Turmoil

A prominent news agency newsflash network—Central contact News (CEN), AsiaWire, and Clipzilla—stopped news publication after illness from financial difficulties. The founder, Michael Leidig, who has blamed the growth of ai-generated content and the shrinkage of commissioning budgets, is taking over the newsrooms in the city to help teach young journalists the ropes. At one point,…

Read More
Amazon’s “Just Walk Out” Technology Relied on Human Power, Not AI - AI in Daily Life - News

Amazon’s “Just Walk Out” Technology Relied on Human Power, Not AI

investment-in-ai-startup-anthropic/” target=”_blank” rel=”noopener”>Amazon’s highly touted “Just Walk Out” technology, which aimed to revolutionize the retail experience by allowing customers to shop without needing traditional checkout, has been revealed to be powered predominantly by human labor rather than artificial intelligence.  According to a report by The Information, the system, which utilized cameras and sensors to track…

Read More
Exploring the Potential of Human-AI Chatbot Collaboration for Enhanced Customer Service - AI in Daily Life - News

Exploring the Potential of Human-AI Chatbot Collaboration for Enhanced Customer Service

The world today is more focused on customer experience than ever before, and the role played by conversational agents and humans at the contact center faces a paradigm shift in adapting to these unprecedented customer expectations.  The latest statistic from the Institute of Customer Service exhibited a downturn in the university’s customer satisfaction, the lowest…

Read More
AI Innovations Revolutionize Credit Risk Management in Financial Institution - AI in Daily Life - News

AI Innovations Revolutionize Credit Risk Management in Financial Institution

Innovative solutions leveraging artificial intelligence (creativity-using-gemini-ai/” target=”_blank” rel=”noopener”>ai) are reshaping the landscape of credit assessment. Ivan Perić, the head of global artificial intelligence R&D at Synechron, advocates for adopting smarter credit assessment models capable of parsing vast volumes of data in real-time. Perić’s insights shed light on the evolving dynamics within the financial services sector…

Read More
International Interest Peaks as INSAIT Selects Elite Interns for Summer Programme - AI in Daily Life - News

International Interest Peaks as INSAIT Selects Elite Interns for Summer Programme

International students from as many as 56 countries have applied for the few coveted spots for this summer internship program at the Bulgarian Institute for Computer Science, artificial intelligence, and Technology (INSAT). The affiliated institution of Sofia University saw an overwhelming response with global applications from leading universities in the USA, Germany, the UK, Switzerland,…

Read More
Biometric Technology: Balancing Innovation with Privacy Concerns - AI in Daily Life - News

Biometric Technology: Balancing Innovation with Privacy Concerns

Within the past few years, the rapid boost in music–industry/” target=”_blank” rel=”noopener”>ai(artificial intelligence) has led to the widespread use of facial recognition and other biometric systems in diverse industries. The dominance of these technologies in our lives can be attributed to the success of products like Face ID, introduced by Apple.  Over the past years,…

Read More
Study Reveals Impact of Corporate Messaging on Stock Price Amid Herbicide Controversy - AI in Daily Life - News

Study Reveals Impact of Corporate Messaging on Stock Price Amid Herbicide Controversy

A study by North Carolina State University researchers sheds light on the intricate relationship between corporate messaging, public perception, and stock performance during a protracted crisis. The study, which analyzed a decade’s worth of data using advanced big data analytic tools, focused on the complex legal situation surrounding the widely used herbicide Roundup, produced by…

Read More
AI Tools Offer Defense for Artists Against Copyright Concerns - AI in Daily Life - News

AI Tools Offer Defense for Artists Against Copyright Concerns

In the era of rapidly advancing artificial intelligence (university-responds-to-criticisms/” target=”_blank” rel=”noopener”>ai) technology, concerns over copyright infringement and intellectual property rights have intensified, particularly within the artistic community. As ai algorithms become increasingly proficient at generating images from text prompts, artists risk having their work exploited or misrepresented. However, a recent development in ai cloaking tools…

Read More
Boston University Responds to Criticisms Over AI Suggestions Amid Graduate Student Strike - AI in Daily Life - News

Boston University Responds to Criticisms Over AI Suggestions Amid Graduate Student Strike

Boston University (BU) has responded robustly to criticisms following a dean’s suggestion to employ artificial intelligence (ai) tools amidst a graduate student strike. The controversy arose after an email from Stan Sclaroff, the Dean of Arts and Sciences, surfaced recommending the use of ai to supplement teaching amidst the strike. University clarifies stance on ai…

Read More