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Home » 25% of technology leaders say they are moving too quickly to AI
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25% of technology leaders say they are moving too quickly to AI

activepulsnewsBy activepulsnews28 March 2024No Comments6 Mins Read0 Views
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This is the published version forbes magazine CIO Newsletter. Provides the latest news for chief innovation officers and other technology-focused leaders. Click here to get it delivered to your inbox every Thursday.


Two miles below the surface of the Pacific Ocean, the vast ocean south of Hawaii holds vast amounts of nickel, manganese, cobalt, and copper, which are essential for making lithium-ion batteries.

Whether it's electric cars or more broadly household appliances; Batteries to power low-carbon energy in the future rely on these metals.

If you ask Gerald Barron, CEO of deep-sea mining business The Metals Company, he'll tell you that billions of palm-sized chunks of metal are actually just sitting on the ocean floor, ready to be scooped up. He says he's just waiting. But of course, It's not that easy.

Baron has cleared several obstacles in his way. True, human divers never dive this deep. Robotic nodule collector combs the ocean floor, siphoning the metal bounty up to the control ship on the surface. Although there are environmental criticisms of seabed harvesting, six studies have shown that: Impact on marine life is minimal Considering how little life can be sustained on the “deep sea plains” in the first place.

That leaves two major obstacles: bureaucracy and the business itself. legally, Who is allowed to claim or pick up stones in the water? There is a 1994 United Nations Charter regulating maritime activities on the high seas, but it has not been ratified by the U.S. Senate. As other countries, including China, begin to exploit deep-sea minerals, there is a growing push to formalize U.S. involvement.

Then there's the thorny issue of getting funding to a company through all the hurdles mentioned above. Metal companies have no profits., the stock price has fallen 80% since going public in 2021 at a valuation of $2.9 billion. As of last quarter, the company's balance had fallen to his $25 million. A few months ago, the company said it wanted to start commercial nodule harvesting in 2025, but now says it won't be able to do so until mid-2026, given rulemaking bureaucracy.

As with many advances brought about by modern technology, there are real-world barriers. This is at least part of the reason why the 2010s adage “move fast and break things” has more or less become a meme at this point.

cyber security

Zafran's CEO, Sanaz Yashar, spent 15 years at the elite cyber intelligence agency Unit 8200, rising to executive rank in 2004.

Eric Sultan

Sanaz Yashar, who spent 15 years in the Israeli intelligence community and seven years in the private sector, said his work aimed at preventing spies and cybercriminals from exploiting known vulnerabilities to infiltrate corporate networks. , raised $30 million for a new startup called Zafran. Use technology your company already has. Of course, she's targeting pressing issues. According to 2023 IBM data, the average data breach costs the victim company $4.5 million, and previous research shows that cyberattacks cost the global economy hundreds of billions of dollars each year. It is shown that there is.

After determining which vulnerabilities are most pressing, Zafran scans the customer's network and explores APIs for controls that can remediate specific weaknesses, making them understandable even to non-technical executives. Converting it into a thing, says Yashar. “It's almost biology and it's like a self-healing platform. ” She said, explaining that the product examines each customer's body to determine how best to fight off infections.

On the government side, Britain is growing increasingly confident. Hacked by Chinese government-related organizations from 2021 to 2022, and formally accused the country of a cyber campaign against MPs and the UK Electoral Commission. The personal data of millions of voters was stolen and the email accounts of MPs who are members of the Inter-Parliamentary Union on China were also targeted, but British officials said they were able to stop the attack before the accounts were compromised. The company states that it has been identified and mitigated. At the time of the intrusion, it was widely believed that the attack was carried out by Russia.

artificial intelligence

Pablo Gonchar/SOPA Images/LightRocket via Getty Images

Databricks' new open source LLM aims to: Help other companies build and train their own AI agents. This model, called DBRX, allows companies to create custom artificial intelligence based on their own data. Businesses can use it for free, but they will have to pay if they want to use it on the Databricks cloud platform. The company charges pay-as-you-go prices for its tools, with discounts for committed usage.

“We believe that open source will only move the industry forward. Companies don't want to be tied to different proprietary standards,” CEO Ali Ghodi said at a press conference on Monday. “So this is actually a competitive advantage for us on the business side as well.”

New York-based startup Hume talks about the exploratory (and potentially disturbing) frontiers of AI The model claims to be able to detect over 24 different emotional expressions From nostalgia to awkwardness to anxiety, we weave together human voices and react accordingly. “Emotionally intelligent” conversational AI uses in-house models to interpret emotional tone, and for more complex content, OpenAI's GPT 3.5, Anthropic's Claude 3 Haiku, and Microsoft's Bing Web Search API relies on an external LLM, such as , to generate responses of up to 700 characters. millisecond.

forbes magazine Rashi Shrivastava writes that Hume's technique, which causes him to occasionally pause and even chuckle when he speaks, is a bit disconcerting when heard through a computer. We're definitely feeling the “Sorry Dave, unfortunately we can't do that” vibe…

facts and comments

When it comes to AI integration; IT leaders say they regret starting too soonaccording to research from Asana's Work Innovation Lab.

Quarter: Some tech leaders already regret investing in AI too soon

72%: Percentage of leaders who say they have felt stressed at least monthly over the past six months due to the pressure to implement AI automation.

14%: Percentage of leaders who say their organization has a clear budget for AI initiatives

Strategy + Advice

The researchers First example of cyberattack exploiting AI computing In this case, the vulnerability is discovered through popular open source software called Ray. Here, we will discuss the breach and the broader risks in detail.

how can you Get maximum creativity and innovation From existing employees? Empowering teams of “intrapreneurs.”

quiz

A signed business card from the mid-1980s recently sold at auction for a staggering $181,183. Whose card was it?

A. Steve Wozniak

B. Steve Jobs

C.Bill Gates

D. Linus Torvalds

Please check if your answer is correct here.



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