The intersection of artificial intelligence (AI) and various industries is a hot topic in today's tech landscape. From the US Labor Department's investigation into Nvidia-backed startup Scale AI to the State Department's AI-powered 'catch and revoke' tools, AI is making waves in the world of labor, national security, and more. Meanwhile, the publishing industry is grappling with the implications of AI on book publishing, with some authors speaking out against the use of their work in AI models without consent. In this news brief, we'll delve into these stories and more to explore the complex and far-reaching impact of AI on our world.
US Labor Department Investigates Nvidia-Backed Startup Scale AI
The US Labor Department is investigating Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon, and Meta, for its compliance with the Fair Labor Standards Act. The investigation is looking into Scale AI's compliance with fair pay practices and working conditions, which the startup has been working to address over the past year.
State Department to Deploy AI-Powered 'Catch and Revoke' Tools
The State Department is reportedly embarking on an AI-powered initiative to spot foreigners in the US who are sympathetic to Hamas or other terror organizations and revoke their visas. Using AI tools, officials will pore through social media accounts and assess whether there's evidence of sympathies toward Hamas.
AI Researcher Speaks Out Against Tech Giants' Use of Book Data
A renowned AI researcher has spoken out against tech giants like OpenAI, Google, and Meta for training their AI models on copyrighted books without consent or compensation. The researcher argues that this is akin to theft and that the tech companies' claims of 'fair use' are unfounded.
US to Use AI to Revoke Visas of Students Perceived as Hamas Supporters
The US State Department will use AI to revoke visas of foreign students who are perceived as supporters of Palestinian Hamas militants. The AI-fueled 'Catch and Revoke' effort will include AI-assisted reviews of tens of thousands of student visa holders' social media accounts.
Goldman Sachs Raises Emerging Markets' Target on AI-Driven China Rally
Goldman Sachs has raised its target price for emerging markets stocks, projecting that the AI-powered rally in Chinese equities could boost other markets as well. The brokerage raised its 12-month target for the MSCI Emerging Markets Index by 3% to 1,220 from 1,190.
5 Traps That Can Sap Enthusiasm for Generative AI
As use of generative AI proliferates across organizations, there are traps that can undermine any benefits it can bring. A recent book by Elisa Fari and Gabriele Rosani explores the leading traps of AI and outlines the need for the right mindset to avoid them.
Loxo Raises $115 Million in Growth Investment for AI and Product Development
Loxo, a talent intelligence platform and recruiting software company, has announced the closing of a growth investment led by Tritium Partners. The investment will enable Loxo to expand its market reach and further its advantage as an AI-based recruiting platform.
Nnedi Okorafor's 'Death of the Author' Explores Art and AI
Award-winning speculative fiction author Nnedi Okorafor has released her latest novel, 'Death of the Author,' which explores the relationship between art and artificial intelligence. The book grapples with the question of who controls a story and the impact of AI on creative work.
Key Takeaways
- The US Labor Department is investigating Scale AI for its compliance with the Fair Labor Standards Act.
- The State Department is deploying AI-powered 'catch and revoke' tools to spot foreigners sympathetic to Hamas or other terror organizations.
- Tech giants like OpenAI, Google, and Meta are using copyrighted book data in their AI models without consent or compensation.
- The US State Department will use AI to revoke visas of foreign students perceived as Hamas supporters.
- Goldman Sachs has raised its target price for emerging markets stocks, projecting an AI-powered rally in Chinese equities.
- Generative AI can be undermined by traps like excessive trust in AI output and a lack of critical judgment.
- Loxo has raised $115 million in growth investment for AI and product development.
- Nnedi Okorafor's 'Death of the Author' explores the relationship between art and artificial intelligence.
Sources
- US Labor Department investigating Nvidia, Amazon-backed startup Scale AI
- State Department to deploy AI-powered 'catch and revoke' tools...
- I have been an AI researcher for 40 years. What tech giants are doing to book publishing is akin to theft
- US to use AI to revoke visas of students perceived as Hamas supporters, Axios reports
- BigBear.ai Announces Fourth Quarter, And Full Year 2024 Results, And Provides 2025 Outlook
- Investing in Small-Cap AI: Powering the Next Tech Revolution
- Goldman Sachs raises emerging markets' target on AI-driven China rally
- 5 Traps That Can Sap Enthusiasm For Generative AI
- Loxo: Growth Investment Raised In $115 Million Deal For Advancing AI & Product Development
- Nnedi Okorafor's 'Death Of The Author' Explores Art And AI : 1A