AI Daily News: EU Finalizes AI Code of Practice Amid Industry Concerns

EU Finalizes AI Code of Practice Amid Industry Concerns

The European Union has finalized its Code of Practice for general-purpose AI, aiming to regulate models like OpenAI's GPT-4 and Google's Gemini. The code mandates technical safeguards against reproducing copyrighted content and requires independent risk assessments. Despite these measures, industry groups, including Airbus and BNP Paribas, have called for a two-year delay, citing potential hindrances to EU competitiveness. The code awaits formal approval from the European Commission and member states. (ft.com)

Google Introduces AI Tool to Convert Images into Videos

Google has unveiled Veo 3, an AI-powered tool that transforms still images into short videos with sound. Users can upload a photo and specify desired motion, background music, ambient sounds, and dialogue. Currently available to Ultra and Pro users on the web, the tool is expected to launch on mobile soon in select regions. This development reflects Google's broader initiative to integrate AI into more of its services. (axios.com)

Huawei Seeks AI Chip Deals in Middle East and Southeast Asia

Huawei Technologies is actively pursuing opportunities to export its AI chips to markets in the Middle East and Southeast Asia, aiming to challenge the dominance of U.S. chipmaker Nvidia. The company has approached potential buyers in the United Arab Emirates, Saudi Arabia, and Thailand with offers of its older Ascend 910B AI chips, though no deals have been finalized. Negotiations with Thailand remain uncertain, and the UAE has reportedly shown little interest. (reuters.com)

AI May Not Steal Many Jobs After All; It May Just Make Workers More Efficient

Artificial intelligence is beginning to allow many employers to automate functions long performed by human workers. However, rather than replacing jobs, AI is increasingly being used to enhance worker efficiency. This shift is prompting discussions about the evolving role of AI in the workplace and its impact on employment dynamics. (apnews.com)

AI is Changing the World Faster Than Most Realize

AI is rapidly transforming society, often more quickly than the general public realizes. Developers and experts are increasingly vocal about the swift pace of AI advancements, highlighting profound implications for daily life, work, and education. A notable example is ChatGPT, which reached one million users just five days post-launch. Despite widespread forecasts of AI's disruptive potential, many are not taking these warnings seriously. (axios.com)