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The New York Times Is Moving Closer To AI, Volkswagen Sets Up Its Own AI Lab
Sorin Ciornei
February 01, 2024
Welcome, AI enthusiasts
The New York Times is moving closer to AI, China ramps up AI investment and FCC is closing in on AI robocalls.
In today’s newsletter:
Mastercard has developed a proprietary generative AI model called Decision Intelligence Pro to enhance fraud detection for its bank network.
China Ramps Up AI Development with Approval of Over 40 AI Models
The New York Times is creating a new team to explore AI in its newsroom
️FCC moves to criminalize most AI-generated robocalls
Volkswagen sets up its own AI lab as car industry looks to embrace the tech
NEWS OF THE DAY
Image generated with Midjourney, prompt: street art photography in the style of Seth Globepainter about newspapers
What: The New York Times is taking a new step into the world of AI by establishing a team dedicated to exploring the potential of generative AI and machine learning in its newsroom. This initiative is led by Zach Seward, who was recently hired as the publication’s editorial director for AI initiatives.
Key points:
📰 The New York Times is creating a new team to explore AI in its newsroom.
🤖 The team will focus on generative AI and machine learning techniques to improve reporting and storytelling.
👨💻 Engineers and editors will be hired to join the team.
Noteworthy: The AI newsroom team will work closely with journalists to understand their needs and challenges. The team will also provide training and support to help journalists integrate AI tools into their workflows. The New York Times says that journalism will still be centered around human writers.
EDITORIAL
What: The internet, in its broader context, functions as a series of queries. When it comes to search queries, these are the main catalyst for driving traffic over the internet. When AI does most of the search for us, will there be any traffic on the internet?
Key points:
🤯 The internet industry in the crossfire for disruption amounts to a whopping $1.1 trillion.
📈 AI-driven GUIs could disrupt this industry by replacing websites, e-commerce platforms, and search engines.
🚀 However, AI also presents new opportunities for businesses that can adapt and leverage AI’s capabilities.
💡 Companies like Amazon have a history of successfully pivoting to new markets, and they may be well-positioned to capitalize on the opportunities created by AI-driven GUIs.
Noteworthy: There will be a need to redesign the current monetization system that drives traffic across the internet. Whoever ranks on the 1st page of Google gets the biggest pie of the cake today. But in the future, Google might not have pages at all.
LATEST NEWS
🏆 Mastercard has developed a proprietary generative AI model called Decision Intelligence Pro to enhance fraud detection for its bank network. 🕵️♀️
💡 The AI model analyzes suspicious transactions in real-time and assesses their legitimacy based on merchant relationships rather than textual inputs. 💰
📈 The model has been shown to improve fraud detection rates by up to 300% in some cases. 💯
The Federal Communications Commission is moving to explicitly criminalize unsolicited robocalls that use voices made with artificial intelligence, the agency said Wednesday.
Volkswagen said its new AI lab will serve as a “globally networked competence center and incubator” to produce proofs of concept in the field of AI surrounding automotive innovations.
Volkswagen’s AI lab launch echoed the ambition from established technology companies that have set up or invested in their own artificial intelligence research units.
MIDJOURNEY PICK OF THE DAY
Image generated with Midjourney, prompt: street art photography in the style of Seth Globepainter that captures the theme of money
Check out our guides on how to generate the best Midjourney pictures, from fashion, nature, street art or illustration.