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Global ransomware threat expected to rise with AI, U.K. cyber authority warns

Artificial intelligence (AI) is expected to increase the global ransomware threat over the next two years, U.K. cyber chiefs have warned in a new report published today by the National Cyber Security Centre (NCSC). The report, entitled The near-term impact of AI on the cyber threat, concludes that AI is already being used in malicious
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Fair play? Navigating bias hurdles in AI-driven big data analytics

Around the world, governments, technology companies and academia are seeking consensus around artificial intelligence (AI) in everything, and trying to understand how best we can gain the benefits of AI, while also making sure the technology has adequate governance and regulation, and is used fairly, without harm. A common critical concern in AI systems is AI bias – when an AI algorithm produces unfair, prejudiced or discriminatory outcomes or predictions because of erroneous assumptions in t...
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Australia Considering Mandatory Restrictions on High-Risk AI Use

(Bloomberg) -- Australia will consider introducing mandatory “guardrails” on the development of artificial intelligence as the government attempts to balance the productivity benefits of the new technology with potential fallout including the dissemination of disinformation.Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US...
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Source: yahoo.com

An international body will need to oversee AI regulation, but we need to think carefully about what it looks like

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
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