Artificial Intelligence

Artificial Intelligence Will Affect Up To 40% Of Jobs Worldwide, IMF Warns

Artificial Intelligence Will Affect Up To 40% Of Jobs Worldwide, IMF Warns

Artificial intelligence will affect up to 40% of jobs worldwide, the International Monetary Fund (IMF) has warned. This could rise to 60% of roles in advanced economies like the UK – but it is believed that, in half of these cases, AI will benefit the workforce. In a new report, the IMF warned that AI’s consequences for society remain difficult to foresee, but the technology is likely to exacerbate income and wealth inequality. Developing economies are much less likely to “seize” AI’s advantages, fuelling a digital divide and increasing income disparity between countries. Kristalina Georgieva, the IMF’s managing director, said…
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Govt Develops Policy To Regulate Artificial Intelligence

Govt Develops Policy To Regulate Artificial Intelligence

The Ministry of Communications and Digitalisation (MoCD) is in the process of developing a comprehensive policy document to regulate the use of Artificial Intelligence (AI) in the country. A draft is currently ready and waiting to be tabled before Cabinet for consideration and suggestions which when completed, is expected to ensure better conditions for the development and use of this innovative technology for the benefit of the citizens. AI technology could help create many benefits such as improved healthcare, safe and clean transport, efficient manufacturing, and cheaper and more sustainable energy, when properly used. The Minister of Communications and Digitalisation,…
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Grammys Boss Harvey Mason Junior Says Music ‘With AI-Created Elements’ Is ‘Absolutely Eligible For Entry’

Grammys Boss Harvey Mason Junior Says Music ‘With AI-Created Elements’ Is ‘Absolutely Eligible For Entry’

The boss of the company behind the Grammys has clarified the ceremony's stance on the use of artificial intelligence (AI) in the music industry. Recording Academy CEO and President Harvey Mason Junior said: "AI, or music that contains AI-created elements is absolutely eligible for entry and for consideration for Grammy nomination. Period". It follows new guidelines, which said that AI-only work was banned, and that "only human creators are eligible" for a Grammy, the world's most recognised music award. The new rules also stated: "A work that contains no human authorship is not eligible in any category." The addition to…
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