April 12, 2025

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AI Revolution: New Features, Ethics, and Risks Emerge

The AI landscape is evolving rapidly, with OpenAI retiring its GPT-4 model and introducing new features to ChatGPT, including the ability to remember previous conversations and customize responses. Meanwhile, job seekers are leveraging AI tools to gain a competitive edge, but employers are grappling with the ethics of AI use in the hiring process. In other news, Deloitte has partnered with Intel to deploy AI-powered PCs, resulting in significant productivity gains, and altFINS has appointed a new Chief Scientific Officer to lead AI innovation in crypto trading. However, the use of AI also poses risks, including mistakes in business communications and increased identity theft scams. Researchers are emphasizing the need for greater AI literacy and governance to mitigate these risks and ensure the responsible development of AI technology.

OpenAI Retires GPT-4 Model

OpenAI is retiring its GPT-4 AI model from ChatGPT and replacing it with a new default model. GPT-4 will still be available via OpenAI's API. The new model has shown better performance in writing, coding, and problem-solving. OpenAI is also working on new models, including GPT-4.1, which may be released soon.

ChatGPT Updates and Features

ChatGPT, OpenAI's text-generating AI chatbot, has been updated with new features, including the ability to remember previous conversations and customize responses. OpenAI is also working on a watermarking feature for images generated using GPT-4. Additionally, ChatGPT users have generated over 700 million images since the feature was introduced. OpenAI is offering its premium service, ChatGPT Plus, for free to US and Canadian college students.

Job seekers are using AI tools to gain a competitive edge in the job market. However, the use of AI can also backfire, with some employers viewing it as cheating. Recruiters are grappling with whether to allow job candidates to use AI during the hiring process. Some companies, like Anthropic, ask candidates not to use AI assistance during interviews. Meanwhile, LinkedIn is testing AI-powered tools to match candidates with jobs and help with job searches.

Trump Administration and AI

The Trump administration's policies are jeopardizing the AI boom in the US. The administration has frozen or canceled grants and funding for academic research, which is crucial for AI development. This has led to a brain drain, with many researchers considering leaving the country. The US risks losing its lead in AI innovation to other countries like Canada, Europe, and China.

Deloitte and Intel AI Partnership

Deloitte has partnered with Intel to deploy AI-powered PCs to its workforce, resulting in a 50% reduction in processing time for routine tasks. The AI PCs use Intel Core Ultra processors and can process data locally, eliminating the need for internet connectivity. Deloitte plans to explore additional applications for the neural processor on Intel AI PCs, including a Tier 1 help desk application.

altFINS Appoints CSO for AI Innovation

altFINS, a crypto analytics platform, has appointed Juraj Hric as its new Chief Scientific Officer to lead AI innovation in crypto trading and investing. Hric brings expertise in AI and quantitative finance, and will oversee the development of AI-driven features, including AI trading signals and automation, AI co-pilot, and AI technical analysis.

AI-Generated Email Mistake Costs Business $2000

A business owner in Australia used an AI tool to generate an email quote for a customer, but the tool made an error, resulting in a loss of $2000. The incident highlights the risks of using AI in business communications, including the potential for mistakes and misrepresentation. Experts warn that workers should be cautious when using AI tools and ensure they understand the potential risks and liabilities.

AI and Identity Theft

The Better Business Bureau has reported an increase in identity theft cases, with artificial intelligence being used to create more sophisticated scams. Scammers are using AI tools to generate fake emails and messages that are harder to spot as phishing attempts. Experts recommend keeping close tabs on credit reports and being cautious when sharing personal information online.

Governance of Artificial Intelligence

Researchers at the University of Pennsylvania recently discussed the governance of artificial intelligence, including the need for greater AI literacy and potential risks surrounding AI safety. The conference featured scholars from across the university, who presented research on AI policy and governance. The goal is to work together to figure out how to have more impact through research, teaching, and engagement in the coming years.

Infiniti Uses AI in Design Process

Infiniti, a luxury automaker, is using artificial intelligence to aid in the design process. The company's digital sculptor, Kenji Yamauchi, uses AI to push creative boundaries and explore new possibilities. AI is used to generate multiple design possibilities and compare them side by side, allowing for more informed decisions. However, human oversight is still essential, and designers will always apply the finishing touches.

Key Takeaways

  • OpenAI is retiring its GPT-4 model and replacing it with a new default model, which has shown better performance in writing, coding, and problem-solving.
  • ChatGPT has been updated with new features, including the ability to remember previous conversations and customize responses.
  • Job seekers are using AI tools to gain a competitive edge, but employers are grappling with the ethics of AI use in the hiring process.
  • Deloitte has partnered with Intel to deploy AI-powered PCs, resulting in a 50% reduction in processing time for routine tasks.
  • altFINS has appointed a new Chief Scientific Officer to lead AI innovation in crypto trading and investing.
  • The use of AI in business communications can pose risks, including mistakes and misrepresentation, as highlighted by a recent incident where an AI-generated email mistake cost a business $2000.
  • AI is being used to create more sophisticated identity theft scams, with scammers generating fake emails and messages that are harder to spot as phishing attempts.
  • Researchers are emphasizing the need for greater AI literacy and governance to mitigate the risks associated with AI technology.
  • Infiniti is using AI to aid in the design process, generating multiple design possibilities and comparing them side by side to inform decision-making.
  • The Trump administration's policies are jeopardizing the AI boom in the US, with frozen or canceled grants and funding for academic research leading to a brain drain and potential loss of lead in AI innovation to other countries.

Sources

OpenAI GPT-4 ChatGPT AI Artificial Intelligence Machine Learning