Business Growth Threatened by AI and Cybersecurity Risks

AI and Cybersecurity Risks Threaten Business Growth

Cybersecurity risks have emerged as a fundamental business issue, one that organizations cannot just brush aside. According to Chubb research, 60% of executives believe cybersecurity threats pose the greatest geopolitical risk, outweighing concerns around global tensions among superpowers, climate change, trade wars, and political instability. The risk report provides greater insight into why business leaders consider cybersecurity as their biggest organizational growth disruptor, resulting in the most unexpected financial burden on a business.

AI-Generated Deepfakes Raise Major Concerns

Generative AI apps, tools, and platforms are enabling attackers to rapidly create synthetic videos, images, and voice impersonations, and harvest these for phishing, social engineering, and disinformation campaigns. In the United States alone, deepfake-induced fraud is predicted to reach almost $100 billion.

AI Training Tactics Under Scrutiny

Questionable AI training tactics continue to come under scrutiny due to their lack of oversight. AI systems have been found to have used illegally acquired works to develop their models, leading to lawsuits from content creators. The class-action alleges multiple violations of the Digital Millennium Copyright Act, criminal negligence, and unfair competition laws.

Global Electronic Goods Packaging Boxes Market Impact of AI and Automation

The Global Electronic Goods Packaging Boxes Market is expected to be impacted by AI and automation, with the market size projected to reach $13.4 billion by 2028.

AI Stocks on the Rise

Artificial intelligence stocks were broadly moving higher, with industry leaders like Nvidia and Palantir Technologies rising about 4% in late afternoon trading. Analysts have attributed a rating of “Strong Buy” for Nvidia stock with a mean target price of $178.09, denoting upside potential of about 37.2% from current levels.

Google’s Upgraded NotebookLM

Google’s upgraded NotebookLM is now included in its One AI Premium plan, offering higher usage limits and the ability to customize chats in Google’s AI note-taking app.

The Global Race to Build AI Computing Infrastructure

France is "back in the AI race," President Emmanuel Macron declared Monday evening at Paris's artificial intelligence summit. The Élysée announced a deal “of 30 to 50 billion euros” with the United Arab Emirates (UAE) to build a vast AI campus and data centre in France. However, experts warn that the race to dominate the sector with massive investments in AI infrastructure comes with a unique set of challenges.

Sam Altman-Elon Musk Feud Timeline

The dispute between billionaires Sam Altman and Elon Musk received a new wrinkle Monday as Musk made a nearly $100 billion offer to buy the non-profit entity controlling Altman’s OpenAI. Altman mocked the offer, saying "no thank you but we will buy Twitter for $9.74 billion if you want."

Key Takeaways

  • Cybersecurity risks have emerged as a fundamental business issue, one that organizations cannot just brush aside.
  • AI-generated deepfakes raise major concerns, with deepfake-induced fraud predicted to reach almost $100 billion in the United States alone.
  • Questionable AI training tactics continue to come under scrutiny due to their lack of oversight.
  • AI stocks are on the rise, with industry leaders like Nvidia and Palantir Technologies rising about 4% in late afternoon trading.
  • Google’s upgraded NotebookLM is now included in its One AI Premium plan, offering higher usage limits and the ability to customize chats in Google’s AI note-taking app.
  • The global race to build AI computing infrastructure is underway, with France announcing a deal “of 30 to 50 billion euros” with the United Arab Emirates (UAE) to build a vast AI campus and data centre in France.

Sources

AI Cybersecurity Deepfakes AI Training Tactics Artificial Intelligence Stocks AI Computing Infrastructure