January 24, 2024
AI increasingly affects finances through real-time pricing algorithms. Pricing algorithms, monitoring countless variables, apply maximum price tolerance, influencing economic decisions daily. Beyond budget impact, the "pain of paying" recognized in behavioural economics could cause psychological discomfort akin to physical pain due to perceived fair value deficit in every transaction. This potential harm from AI's embedding in economic activity may increase psychological fatigue amidst increasing corporate profits. Accountability for AI developers and users can mitigate this insidious, subtle impact.
January 24, 2024
DeepMind Co-Founder Mustafa Suleyman, during a session at WEF, discussed potential job losses due to AI, arguing we must rethink how to integrate AI technologies as labor-replacing tools. Instead of a doomsday perspective, Suleyman suggested using AI to augment work and decision-making. He cited the example of IKEA using AI bot Billie to manage customer queries while training call center workers as interior design advisers, generating significant revenue.
He said the quiet part out loud, AI is coming for your job LinkedIn
January 23, 2024
AI 2024's fears: electoral interference potential, job displacement due to automation, difficulties in AI law enforcement, AI-powered cyberattacks, loss of privacy. Hopes: enhanced healthcare, self-driving car advancements, revolution in education, AI democratization through open-source, increased human-AI collaboration.
January 23, 2024
Microsoft states Russian state hackers, termed Midnight Blizzard, had access to its executives' emails for six weeks without customer data or production systems breach. The cybersecurity and legal departments' emails and documents were exfiltrated before detecting and terminating the threat on January 13. The breach through a password spraying attack on a non-production test tenant account affected a small percentage of Microsoft corporate email accounts. The incident's impact on the company's finances or operations is unclear.
Microsoft: Russian Hackers Had Access to Executives' Emails BankInfoSecurity
January 24, 2024
AI increasingly affects finances through real-time pricing algorithms. Pricing algorithms, monitoring countless variables, apply maximum price tolerance, influencing economic decisions daily. Beyond budget impact, the "pain of paying" recognized in behavioural economics could cause psychological discomfort akin to physical pain due to perceived fair value deficit in every transaction. This potential harm from AI's embedding in economic activity may increase psychological fatigue amidst increasing corporate profits. Accountability for AI developers and users can mitigate this insidious, subtle impact.
January 24, 2024
DeepMind Co-Founder Mustafa Suleyman, during a session at WEF, discussed potential job losses due to AI, arguing we must rethink how to integrate AI technologies as labor-replacing tools. Instead of a doomsday perspective, Suleyman suggested using AI to augment work and decision-making. He cited the example of IKEA using AI bot Billie to manage customer queries while training call center workers as interior design advisers, generating significant revenue.
He said the quiet part out loud, AI is coming for your job LinkedIn
January 23, 2024
AI 2024's fears: electoral interference potential, job displacement due to automation, difficulties in AI law enforcement, AI-powered cyberattacks, loss of privacy. Hopes: enhanced healthcare, self-driving car advancements, revolution in education, AI democratization through open-source, increased human-AI collaboration.
January 23, 2024
Microsoft states Russian state hackers, termed Midnight Blizzard, had access to its executives' emails for six weeks without customer data or production systems breach. The cybersecurity and legal departments' emails and documents were exfiltrated before detecting and terminating the threat on January 13. The breach through a password spraying attack on a non-production test tenant account affected a small percentage of Microsoft corporate email accounts. The incident's impact on the company's finances or operations is unclear.
Microsoft: Russian Hackers Had Access to Executives' Emails BankInfoSecurity
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