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The world of artificial intelligence is evolving at a breakneck pace, reshaping industries, challenging norms, and sparking both excitement and concern. From international agreements to retail innovations, legal battles to fraud detection, the impact of AI is being felt across all sectors of society. In this roundup, we explore six recent AI news stories that highlight the diverse ways in which this transformative technology is changing our world. From government regulations to job market shifts, these summaries offer a glimpse into the complex and rapidly changing landscape of AI in 2024.
1. US, UK, and EU sign AI agreement:
The US, UK, and EU have signed the first legally binding international treaty on AI use, focusing on human rights and democratic values. The agreement requires accountability for harmful AI outcomes and legal recourse for victims of AI-related rights violations.
2. M&S using AI for personalized shopping:
Marks & Spencer is implementing AI to personalize online shopping experiences, offering outfit suggestions based on customers’ body shapes and style preferences. The company aims to increase online sales and has already seen 450,000 shoppers use their AI-driven style quiz.
3. AI companies face copyright challenges:
Major AI companies like Anthropic and OpenAI are facing copyright lawsuits from authors and publishers for using copyrighted material to train their models. Some companies are now striking deals with publishers to ensure accurate and up-to-date responses from their AI systems.
4. Voice actors sue AI company for voice cloning:
Voice-over performers Paul Skye Lehrman and Linnea Sage have filed a lawsuit against Lovo, an AI company, for allegedly using their voices without permission to create and sell AI-generated voice clones. The case highlights concerns about AI’s impact on creative industries.
5. New AI technique for detecting accounting fraud:
Researchers have developed a machine learning approach to predict and detect accounting fraud across entire supply chains and industries. This method aims to address the sophisticated techniques used by perpetrators of financial statement fraud, which can have severe economic consequences.
6. Employers prioritise AI skills over industry experience:
A Microsoft and LinkedIn survey reveals that 71% of executives prefer hiring candidates with AI skills over those with relevant industry experience. However, only 25% of employers plan to provide AI training this year, leading many workers to seek AI upskilling on their own.
