New AI principles hint at pro-innovation future of UK regulation September 19, 2023 Britain’s competition watchdog has set out guidelines to steer the development of artificial intelligence (AI), which lawyers suggest could be a blueprint for a pro-innovation future of AI regulation. The Competition and Markets Authority (CMA) has proposed seven principles to guide the use and development of the foundation models that underpin AI giants like OpenAI’s [...]
London Design Festival director: the UK government must regulate AI technology September 18, 2023 The first AI-generated buildings have already been built. Adam Bloodworth hears how it’s a hot topic at this month’s London Design Festival, running 16 – 24 September at venues across London Architects don’t need AI,” declared Britain’s most famous architect Norman Foster in May. Three months later, his firm Foster + Partners gave a pithy [...]
AI will grab jobs from people working from home first, warn Oxford professors September 18, 2023 Artificial intelligence (AI) is more likely to replace the jobs of people working from home, a study by two Oxford professors has warned. Work that can be done remotely is the most susceptible to automation, Oxford University AI academics Carl-Benedikt Frey and Michael Osborne have suggested in a draft paper. And AI is less likely [...]
Bitcoin can surely be a beacon of hope in a society seemingly on the brink of collapse September 18, 2023 Susie Violet Ward believes Bitcoin offers not just a glimmer of hope but a tangible solution to the problems that ail our society.
Share price plummets: Sorrell’s S4 Capital downgrades outlook as tech slowdown bruises ads market September 18, 2023 Shares in Sir Martin Sorrell’s S4 Capital plunged as much as 27 per cent at market open after it reported a mix bag of updates for the first half of 2023, with a strong technology division failing to make up for a slow ads market elsewhere in the business. The firm reported an operating loss [...]
A culture secretary who has never been to a football match is a welcome relief September 18, 2023 Our obsession with football in politics has given it an outsized dominance in the Culture Secretary's brief, writes Eliot Wilson
City Pages: 5 books on the changing world of work September 18, 2023 We review five new-in titles that re-examine our relationship to our jobs in the brave new post-pandemic world of work.
The Notebook: Kokou Agbo-Bloua on humanity’s obsession with fire, the moral dilemmas raised by AI and why China’s outlook is a case of ‘heavy cloud, no rain’ September 18, 2023 Today, it’s Societe Generale’s global head of economics,cross-asset and quant research Kokou Agbo-Bloua with the Notebook pen The Red Flower and future energy We all remember the enchanting lyrics of the Monkey Song, ‘I wanna be like you’, from Walt Disney’s 1967 film The Jungle Book. In the movie, Mowgli is captured by a troop [...]
Arm maintaining its lofty US valuation will be indicator for London IPO revival September 15, 2023 Shares in Softbank’s Arm have taken flight, surging nearly 25 per cent above their Nasdaq debut price, marking a triumphant return to the public markets after a seven-year hiatus for the chip designer. A loud reception has bolstered market experts’ optimism for beleaguered IPOs, which has faced substantial headaches in recent years, such as rising [...]
StabilityAI: New AI music tool won’t wipe out musicians September 14, 2023 London artificial intelligence outfit Stability dismissed suggestions it will wipe out some creative jobs yesterday as it rolled out a new tool to allow users to create music via AI. Notting Hill Gate-headquartered Stability AI, which was valued at $1bn last August in a $101m funding round, yesterday launched its Stable Audio product which allows [...]