AI & Tech World Updates: From Energy Consumption to Data Security, Stay Informed with OWITH.ai

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The text discusses various key themes and issues addressed by AI industry leaders at the Fortune Brainstorm AI conference in London. Some of the topics covered include the energy consumption of AI technology, the responsibility of regulating AI, the impact of AI on employment, and the importance of building trust in AI systems. Additionally, Microsoft's investment in a UAE-based AI firm and OpenAI's expansion to Tokyo highlight the global growth of AI technology. A new AI tool developed by Fortune in partnership with Accenture to analyze and visualize data from the Fortune 500 companies was also mentioned.Transitioning to the next news, attackers are targeting open-source projects to gain powerful positions and potentially inject vulnerabilities into the code. A recent incident involved a backdoor discovered in xz utils, a data-compression toolkit used in many Linux distributions, which could have led to a major cyberattack. Open-source leaders are warning that this incident may not be isolated, and they are urging project maintainers to be vigilant against social engineering takeover attempts. The Open Source Security Foundation and the OpenJS Foundation have called on maintainers to recognize early threat patterns and protect their projects from similar attacks.Moving on, Marques Brownlee has found success by connecting directly with consumers through platforms like YouTube, podcasts, and newsletters, maintaining honesty and loyalty to his viewers. This direct connection is made possible by the Internet and AI, changing the way creators interact with their audience. Brownlee's recent review of the Humane AI Pin showcases his commitment to providing honest feedback, prioritizing the individual viewer experience over external entities. The impact of the Internet and technology on media was also discussed.Shifting focus, Coinbase CEO Brian Armstrong remains in charge of the company but relies on a team of executives to carry out his vision. The top lieutenants, COO Emilie Choi and CFO Alesia Haas, are women, representing a shift from the early male-dominated days of the company. The current team at Coinbase consists of corporate pragmatists with experience in the industry, allowing the company to become a publicly traded Fortune 500 company with increased reach and influence.Next up, a recent Fortune investigation revealed ties between TikTok and its China-based parent company ByteDance still exist, especially in data-sharing practices. Former employees have alleged that TikTok concealed its Chinese ownership and maintained close ties with ByteDance. These revelations raise concerns about potential Chinese government surveillance through TikTok's data collection. Despite these issues, TikTok remains popular among creators and consumers for its unique virality and fame potential.To continue with news updates, OpenAI, a leading AI research lab, is expanding into Japan to collaborate with government, businesses, and research institutions. This move reflects a broader trend where countries and companies are investing heavily in AI technology to secure their positions in the digital economy and global power dynamics. The global race for AI supremacy is intensifying, with major players vying for leadership in AI.This concludes our episode for today. Stay tuned for more updates from OWITH.ai - your source for essential news in AI and tech world.

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