Meta to Europe: Your rules will stop the AI boom
Meta to Europe: Your rules will stop the AI boom
A tale of two AI markets
An organization put AI everywhere inside and its a government agency
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Meta to Europe: Your rules will stop the AI boom
Meta(Facebook) and other tech leaders have issued a stark warning to the European Union about the potential consequences of its regulatory approach to AI. Here's a breakdown of the situation:
The tech leaders argue that the uneven application of the General Data Protection Regulation (GDPR) across Europe is creating barriers to AI development. The inability of European regulators to reach consensus on how AI should use data is hindering the continent's AI innovation. The letter warns that without clear, harmonized regulations, Europe risks missing out on the massive economic potential AI promises. Research estimates suggest that Generative AI could increase global GDP by 10 percent over the coming decade.
Meta has already taken concrete steps in response to the regulatory environment: The company has decided not to roll out its multimodal AI models (virtual assistants) in Europe due to regulatory unpredictability. Meta has paused the roll-out of its AI assistant in Europe after the Irish Data Protection Commission instructed the company to postpone its plan to use data from Facebook and Instagram adult users to train large language models. The company has limited access to its AI model LLaMa in Europe, citing uncertainty about compliance with the EU's General Data Protection Regulation (GDPR).
The tech industry is closely watching this regulatory tug-of-war, as its outcome could shape the future of AI development and deployment in Europe, with potential ripple effects across the global tech ecosystem. While the EU aims to protect citizens and foster trust in AI, companies like Meta argue that overly stringent or unclear regulations could hamper innovation and economic growth, potentially leaving Europe behind in the AI revolution….
Read the original by Daniel Elk(Spotify) and Mark Zuckerberg on Facebook Corporate
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A tale of two AI markets
In a dramatic shift, European AI startup Aleph Alpha is pivoting away from the global race to develop large language models (LLMs), despite raising over $500 million last November. CEO Jonas Andrulis acknowledged the changing landscape, stating, "Just having a European LLM is not sufficient as a business model. It doesn't justify the investment."
This move highlights a growing divide in the AI sector, with only a select few companies able to maintain their dominance through aggressive investments in computing power, training data, and talent. Industry giants like Meta, Alphabet, and Microsoft, along with well-funded startups such as OpenAI, Anthropic, and Elon Musk's xAI, are leading the pack, each having raised billions in funding.
The AI industry is witnessing a spending spree reminiscent of the ride-hailing wars a decade ago. However, the stakes in AI development are proving to be even higher: Anthropic CEO Dario Amodei estimates that current AI models cost around $100 million to train, with future models potentially reaching $5 to $10 billion by 2025-2026. Tech giants are investing heavily in AI infrastructure, with Alphabet's capital expenditures nearly doubling to $25.2 billion in the first half of 2024. Meta expects its AI investments to drive capital expenditures up to $40 billion this year, a 42% increase from 2023.
Despite these concerns, industry leaders like Meta CEO Mark Zuckerberg defend the heavy spending, citing the potential long-term impact of AI technology....
Read the original on Bloomberg
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An organization put AI everywhere inside and its a government agency
Artificial intelligence (AI) is here, and it’s not going away. What threats does it pose to United States national security? What opportunities does it present as we seek to maintain an advantage over our foreign adversaries? Two of NSA’s leading AI experts join No Such Podcast to break down NSA’s approach to AI security, responsible AI, and AI governance. NSA’s Chief Responsible AI Officer, Vinh Nguyen, explains how NSA has been researching AI and what uses we’ve found for it already. Chief of the AI Security Center, Tahira Mammen, shares what NSA is doing to help secure AI deployment. Learn how these experts tackle the unknown dimension of AI and how they’re making sure NSA is helping the United States stay a step ahead through our foreign signals intelligence and cybersecurity missions….
Listen to the No Such Podcast the official podcast of the National Security Agency
Cheers! SBalley Team