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Microsoft Hires DeepMind Co-Founder Suleyman for Consumer AI Business

Analytics Vidhya

is making big moves in the AI world! They’ve hired Mustafa Suleyman, who helped start Google’s DeepMind, to lead their AI business for consumers. Microsoft is also bringing on board many talented folks from Suleyman’s old company, Inflection AI. Microsoft Corp.

Analytics 270
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Hope, Fear, and AI: The Latest Findings on Consumer Attitudes Towards AI Tools

Analytics Vidhya

In a report titled “Hope, Fear, and AI,” The Verge has unveiled the results of its latest “Trust Survey,” shedding light on the opinions and perceptions of American consumers regarding artificial intelligence (AI).

Reporting 266
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EU’s AI Act challenge: balance innovation and consumer protection

CIO Business Intelligence

Members of the EU Parliament have agreed on a first draft for regulating the use of AI. The AI ​​Act is now taking the next procedural step to be negotiated and worked out with individual member states. In the end, there should be an EU-wide body of law to regulate the use of AI technologies, such as ChatGPT.

Risk 111
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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Big Data Hub

The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. million; consumer goods was even more damaging, coming in at $3.8

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The Empowered Consumer

Across the retail sector, organizations are facing a new challenge in the form of the empowered consumer. Armed with a world of information at their fingertips, consumers are looking for information that is tailored to them about what to buy, where to buy it, and where the best deals are.

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Humans and AI: What Should You Tell Consumers?

DataRobot

Why Tell Consumers Anything? Applying this to AI ethics, we have a duty of disclosure to consumers so that they can make informed decisions. This enables consumers to make informed decisions with regards to the consequences of their behavior and to identify and correct incorrect data upon which a decision had been made.

Sales 98
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AI in retail and the rise of the purpose-driven consumer

IBM Big Data Hub

If consumer spending patterns are evolving, so too is their relationship to the retail experience. New research from IBM’s Institute for Business Value (IBV) and the RTF indicates that consumers want a range of experiences beyond simply opening the door and picking up a parcel. Future proofing retail through AI.