Intelligent Automation Newsletter #134

We are honored to count you among the 1+ MILLION valued readers of our weekly newsletter. Please help grow our community by inviting your friends to subscribe.

If you’re new here, we celebrate the ways Intelligent Automation is?making our world more human. Check out the book that started it all.

This week’s 5 top stories we don’t want you to miss:

1?? [Regulation] Yesterday, U.S. President Biden signed an executive order to enhance the safety of artificial intelligence technologies.

-??????? This order mandates specific AI firms, including major players like Microsoft and Google, to disclose the results of their AI models' safety tests to the federal authorities.

-??????? Key points of the order include directing the U.S. Commerce Department to develop AI watermarking guidance, establishing a cybersecurity program for identifying software flaws, providing anti-discrimination guidance to landlords and federal contractors, investigating harmful AI-related healthcare practices, promoting responsible AI in education, expanding AI research grants, and updating immigration criteria for skilled workers.

2?? [X] Elon Musk plans to turn X (formerly Twitter) into a comprehensive financial hub that could replace traditional banks by the end of 2024, as he explained in an all-hands call with employees.

-??????? He envisions the platform handling all aspects of a user's financial life, from cash to securities, aiming to make separate bank accounts obsolete.

-??????? X is pursuing money transmission licenses across the U.S., already obtaining them in nine states, aligning with Musk's broader vision of creating an “everything app.”

3?? [Self-driving] GM-backed Cruise has temporarily halted all its autonomous vehicle operations nationwide following the suspension of its robotaxi permit by California's DMV, citing safety concerns and accusations of misrepresented safety data about its AI technology.

-??????? The company asserts that this proactive pause is to thoroughly review its processes and tools to rebuild public trust, clarifying that this decision is not tied to any recent on-road incidents.

-??????? However, Cruise will continue to operate its supervised self-driving vehicles, which include backup safety drivers.

4?? [AI device] Humane's AI Pin, launching on November 9, has been named one of Time Magazine's "Best Inventions of 2023."

-??????? This wearable device attaches to clothing and serves as a personal assistant, utilizing proprietary software combined with OpenAI's GPT-4s to respond to voice queries and project information onto surfaces.

-??????? With the AI hardware market expected to reach $248 billion by 2030, the AI Pin faces competition from similar devices and a growing trend in AI-powered smart glasses.

5?? [Music] The Beatles will release a new song titled "Now and Then" on November 2, featuring John Lennon’s vocals from a late 1970s demo, isolated using AI technology.

-??????? The project, led by director Peter Jackson with technology from WingNut Films, allowed Paul McCartney, Ringo Starr, and the late George Harrison to contribute to the clearer vocal track.

-??????? This posthumous collaboration highlights AI’s ability to enhance and restore historical music recordings.

[Sponsored] Realize the business value of generative AI in your organization. Reinvent customer experiences, enhance productivity, and accelerate growth with generative AI. Learn more: https://aws.amazon.com/generative-ai/use-cases/?trk=624e2d4f-f23a-43c7-a69d-10d3def7aa04&sc_channel=sm

The 2 posts you can't miss this week:

?? Al is powering the next agricultural workforce, to feed our growing population

?? What a brilliant app to help learn #algebra -- I wish I had that at school, and you?

-----------------000-----------------

For collaboration inquiries, including sponsoring one of the future newsletter issues, please connect on pascalbornet.com

What's next??Read our?Amazon Bestseller book. Connect with?experts?for help with your Intelligent Automation transformations. And finally,?Subscribe?to this newsletter to ensure you don't miss a future edition. Our partner SwissCognitive?is a global-reaching?cross-industry?community connecting?experts?and?leaders.

Let us join hands to make our world more human! —?Pascal