Silicon Valley leaders think A.I. will one day fund free cash handouts. But experts aren’t convinced

Artificial intelligence companies could become so powerful and so wealthy that they’re able to provide a universal basic income to every man, woman and child on Earth. That’s how some in the AI community have interpreted a lengthy blog post from Sam Altman, the CEO of research lab OpenAI, that was published earlier this month.… Continue reading Silicon Valley leaders think A.I. will one day fund free cash handouts. But experts aren’t convinced

Baidu in talks to raise money for a standalone A.I. chip company

Chinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC. The move is emblematic of an ongoing push among China’s biggest technology firms to boost their prowess in the chip sector. And for Baidu, it marks a further effort… Continue reading Baidu in talks to raise money for a standalone A.I. chip company

The U.S. government needs to get involved in the A.I. race against China, Nasdaq executive says

The U.S. private sector alone cannot compete with the entire Chinese government and private sector in tech development, said Edward Knight of Nasdaq.China’s government has already started “investing heavily” in developing new technologies based on artificial intelligence, he said.Knight also weighed in on what Biden would mean for the initial public offering market.The U.S. needs… Continue reading The U.S. government needs to get involved in the A.I. race against China, Nasdaq executive says

Why everyone is talking about the A.I. text generator released by an Elon Musk-backed lab

Social media is awash with people talking about a new piece of software called GPT-3, which has been developed by OpenAI, an Elon Musk-backed artificial intelligence lab in San Francisco.  GPT-3 (Generative Pre-training) is a language-generation tool capable of producing human-like text on demand. The software learned how to produce text by analyzing vast quantities… Continue reading Why everyone is talking about the A.I. text generator released by an Elon Musk-backed lab