AI (6do encyclopedia)230512



Artificial intelligence (AI) refers to the development of systems that can perform tasks normally requiring human cognitive abilities, such as visual perception, speech recognition, decision making, and natural language processing. The field of AI focuses on creating machines that can simulate human intelligence, which can be divided into two types: narrow or weak AI, which is designed to perform specific tasks, and general or strong AI, which can handle any intellectual task that a human can do.

The history of AI goes back to the mid-20th century, when pioneers like Alan Turing, John McCarthy, Claude Shannon, and Marvin Minsky first proposed the idea of creating machines that could think like humans. The early AI research focused on developing rule-based systems and expert systems that could perform specific tasks by following pre-defined rules. These systems lacked the ability to learn from experience or adapt to new situations.

In the 1980s and 1990s, AI research shifted towards machine learning, a technique that allows machines to learn from data without being explicitly programmed. The emergence of neural networks and other statistical models enabled machines to improve their accuracy and performance over time, making them more versatile and useful in various domains like computer vision, speech recognition, and natural language processing.

AI has made remarkable progress in recent years, thanks to the advances in computing power, data availability, and algorithmic innovations. Machine learning algorithms, such as deep learning and reinforcement learning, have achieved state-of-the-art results in many tasks, surpassing human performance in some cases. AI systems have been deployed in diverse fields, including healthcare, finance, transportation, manufacturing, and entertainment, transforming the way we live and work.

One of the main drivers of AI is the availability of data. The proliferation of digital devices, sensors, and internet-connected services has generated massive amounts of data, which can be used to train AI models. AI can extract insights from data that would be difficult or impossible for humans to discover, enabling more informed decision-making and better problem-solving. For example, medical researchers have used AI to analyze large datasets of patient records to identify patterns and risk factors for diseases, leading to more personalized treatments and improved outcomes.

Another essential component of AI is algorithms, which are sets of instructions that enable machines to perform specific tasks. The field of machine learning covers a wide range of algorithms, including supervised learning, unsupervised learning, and reinforcement learning. Supervised learning involves training a model on labeled data, where the correct outputs are known, to predict the labels for new, unseen data. Unsupervised learning, on the other hand, involves learning from unlabeled data, where the model has to identify patterns and structures on its own. Reinforcement learning involves training agents to take actions in an environment to maximize a reward function, based on trial-and-error learning.

AI has also raised concerns about its potential impact on society, including employment, privacy, and security. Some experts predict that AI could lead to significant job losses as machines replace human workers in various tasks, while others foresee new job opportunities emerging for those skilled in AI development and management. Privacy is another issue, as AI systems are capable of collecting and analyzing vast amounts of personal data, raising questions about who has access to it and how it is used. Security is also a concern, as AI systems can be vulnerable to attacks or malicious use.

To address these concerns, researchers and policymakers are exploring ways to ensure responsible and ethical AI development and deployment. Initiatives such as the Partnership on AI, AI Now Institute, and IEEE Global Initiative on Ethics of Autonomous and Intelligent Systems aim to promote transparency, accountability, and human-centered values in AI. Regulatory frameworks and guidelines are being developed to ensure that AI systems are safe, reliable, and trustworthy, avoiding harm and promoting social and environmental benefits.

In conclusion, AI is a rapidly evolving field that promises significant benefits and challenges for society. From enhancing our capabilities and improving our lives to raising ethical and social concerns, AI is poised to have a profound impact on the way we live and work. As AI continues to advance, it is important to ensure that it is developed and used in a responsible and ethical manner, reflecting our values and aspirations as a society.


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AMERICAS Debt cap tick-tock leaves eerie calm

Reuters

23-05-12 10:02


The US debt ceiling wasn't broken on Friday and markets have calmed, with the postponement of a meeting between Joe Biden and top lawmakers to talk about raising spending and extending the government’s $31.4tn debt ceiling. However, the G7 finance chiefs meeting in Japan underlined the importance of a solution and the danger of a US default. Bank stocks were wobbling on the back of fresh signs of US deflation and more expensive reserves as well as uncertainty over the debt crisis. There were calls for politicians to take a "grown-up" decision but Treasury Secretary, Janet Yellen, said there was still some uncertainty over the mooted 1 June deadline for running out of cash. Despite all the economic confusion, tech stocks such as Tesla rose albeit for a rather spurious reason: Elon Musk tweeted that he had found a new CEO for Twitter.

https://www.reuters.com/markets/us/global-markets-view-usa-2023-05-12/
Big Australia: is continued immigration what the country needs?

The Sydney Morning Herald

23-05-12 08:00


Readers of The Sydney Morning Herald have expressed concerns about immigration, calling for policies to help alleviate the lack of infrastructure in cities, such as lack of housing and public transport, and measures to encourage businesses to regional areas. One reader suggested an annual automatic indexation of income tax thresholds linked to inflation and/or wage movements to create fairness, whilst others questioned the need for continued mass immigration, arguing that it is antithetical to climate action and contributes to traffic congestion, inadequate infrastructure and the destruction of the environment. Others pointed to the sense of disempowerment felt by those who feel that their concerns about housing are ignored in favour of investors' profits.

Concerns about growing social inequality and the retreat of government services were also expressed, with one reader calling for the government to provide a $300bn investment in public schools. They argued that a society that is increasingly self-centred leads to a sense of entitlement amongst different sections of society, making it more difficult to obtain a consensus and address issues such as the financial crisis. Others called for more effective measures to regulate vehicle emissions, and stop ‘gas-guzzling and polluting’ vehicles from dominating the roads.


https://www.smh.com.au/politics/nsw/big-australia-is-continued-immigration-what-the-country-needs-20230512-p5d7x0.html

Economists worry growing conflict with China will make Canada and the world poorer

CBC

23-05-12 08:00


The series of tit-for-tat diplomatic expulsions between Canada and China could magnify into a trend of "global fragmentation", posing a longer-term threat to shared global issues like artificial intelligence and climate change, says The National. While some experts dismiss the dispute as trivial, Kristalina Georgieva, the head of the International Monetary Fund, earlier warned of the prospect of a looming "new Cold War" that could create deeper rival economic blocs, which would leave the world poorer and less secure. The IMF’s view is that "globalisation is great", said Dane Rowlands, an economist at Carleton University’s Patterson School of International Affairs in Ottawa. Nevertheless, Canada must seek self-sufficiency in important areas if it is threatened by situations like China's use of rare earth minerals as leverage, he added.

https://www.cbc.ca/news/business/global-fragmentation-column-don-pittis-1.6837222
History repeats in a world of unwelcome replays

Japan Times

23-05-12 07:20


Global economic advisor and professor of economics at Stanford University, Michael Boskin writes in a Project Syndicate op-ed that the world is experiencing various replays of past events, such as that of rising inflation and soaring public debt similar to the 1980s, a new cold war and the rise of potentially destructive technologies. Boskin believes the driver of the current inflation is the central government's profligate monetary and fiscal policies, and it also considerably weakened the US's allies' deterrence. Boskin writes that the world is on the brink of a new cold war, with "autocratic state capitalism versus social-welfare democracies", and questions whether the US is equipped to face Chinese and Russian assertiveness in the world. Furthermore, Boskin writes that technological advances are also disrupting economies, and notes that tech leaders such as Elon Musk and Bill Gates are leading calls for a six-month (or longer) pause on advanced AI development.

https://www.japantimes.co.jp/opinion/2023/05/12/commentary/world-commentary/history-repeats-world-unwelcome-replays/
China's tech elite lead AI startup frenzy

Nikkei Asia

23-05-12 07:10


Chinese tech giants are increasingly branching out into the country's artificial intelligence sector. High-profile figures such as former Alibaba vice president Jia Yangqing are quitting their roles at existing firms to start their own ventures in the burgeoning industry. The shift follows the interest generated this year by OpenAI's ChatGPT project. So far, most AI ventures in China have been started by academics or those working for foreign firms.

https://asia.nikkei.com/Spotlight/Caixin/China-s-tech-elite-lead-AI-startup-frenzy