AI Chronicles - 5th February 2024

We start off with a podcast crossover with our friends at Australian DeFi Association where our own ?? Mark Monfort talks #AI and #blockchin and how they crossover with Nick Bishop CFA of NotCentralised

ASIC Sounds the Alarm on AI Dependence in Financial Services In a recent alert, the Australian Securities and Investments Commission (ASIC) has cautioned local firms against becoming overly reliant on Artificial Intelligence (AI), particularly noting the risks associated with "hallucinations" in models. With a "light touch" regulatory approach in most sectors, ASIC points out that special legislation is likely to be introduced for critical areas such as health and financial services. Read the full story here: https://www.afr.com/politics/federal/special-ai-laws-needed-for-financial-services-longo-20240131-p5f1b4

Insights on Finance and AI from Michael Wang Dive into the world of finance and AI with Michael Wang, CFA , our esteemed guru, who offers profound insights into how AI technologies are shaping the future of finance. Michael's analysis spans the potential, challenges, and the evolving landscape of AI in financial services. Explore his insights here: https://www.motionandmadness.com/p/data-and-dividends?r=2numt4&utm_campaign=post&utm_medium=web

Ray Sun on the Deepfake Controversy Involving Taylor Swift Raymond Sun un provides an eye-opening perspective on the recent deepfake controversy that has embroiled pop icon Taylor Swift. His analysis delves into the implications of deepfake technology and its impact on public figures and media integrity. Discover Ray's analysis here: https://www.dhirubhai.net/posts/raymond-sun-64576a122_deepfake-taylorswift-ai-activity-7157548463814049792-0Rp0

AI Jason on Cost Optimisation in AI In an enlightening video, AI Jason Zhou unpacks the nuances of cost optimisation within AI projects, offering valuable strategies and insights for efficiently leveraging AI technologies. Watch the full video here:

AI's Role in Hurricane Simulation Breakthroughs Scientists are now leveraging artificial intelligence to make significant advancements in hurricane simulation, achieving results that were once thought to be unattainable. This development marks a crucial step forward in predictive accuracy and disaster preparedness. Learn more about this achievement here: https://www.yahoo.com/tech/scientists-artificial-intelligence-achieve-seemingly-023000663.html

Exploring AI Imagery with Google Bard The Chainsaw provides a comprehensive guide on utilizing the latest AI imagery tools within Google Bard, offering tips and tricks to maximize creative output. Dive into the guide here: https://thechainsaw.com/business/google-bard-how-to-use-ai-art-feature/

Must-Try Apps for Apple Vision Pro Users If you're among the early adopters of the new Apple Vision Pro, TechCrunch outlines the first set of apps to enhance your experience with this groundbreaking device. Check out the recommendations here: https://techcrunch.com/2024/02/02/apple-vision-pro-here-are-the-first-apps-you-should-download/

Stay curious and informed as we navigate the fascinating world of AI together!

Mark Monfort

Editor, Data Science & AI Association of Australia (DSAI)

More about?DSAI

We are advocates for data science, AI, ML and analytics technologies and we help move the space forward with education to help increase understanding, meetups to increase connections and hackathons to empower and motivate the community to take action with these tools. For more information or if you’re interested in getting involved, comment below or email Mark Monfort or Michael Wang at [email protected] and [email protected] respectively.