The Federal Trade Commission (FTC) announced five law enforcement actions that it said are part of a crackdown on deceptive artificial intelligence (AI) claims and schemes. The law enforcement sweep, dubbed “Operation AI Comply,” targets companies that use “AI hype” or sell AI technology that...
The rapid rise of artificial intelligence (AI) has sparked a heated debate among experts, with some warning that the hype surrounding the technology may be overshadowing genuine scientific advancements. DeepMind Co-Founder Demis Hassabis recently drew parallels between the current AI frenzy and the cryptocurrency boom,...
One of the co-founders of DeepMind says hype is hindering progress in the AI space. Speaking to the Financial Times (FT) Sunday (March 31), Demis Hassabis said that the flood of money into generative artificial intelligence (AI) companies and products is reminiscent of similar buzz around cryptocurrencies. “Some of that has...
April 02, 2024
The rapid rise of artificial intelligence (AI) has sparked a heated debate among experts, with some warning that the hype surrounding the technology may be overshadowing genuine scientific advancements. DeepMind Co-Founder Demis Hassabis recently drew parallels between the current AI frenzy and the cryptocurrency boom, raising concerns about the potential impact on the field’s progress. […]
November 26, 2024
The FTC has accused Evolv Technologies of overstating the capabilities of its in-school weapons-detection system. The Federal Trade Commission (FTC) said Tuesday (Nov. 26) that it wants to ban Evolv from making unfounded claims about its products’ ability to detect weapons by using artificial intelligence (AI). In addition, the regulator’s proposed settlement order would require the company to give some of […]
September 25, 2024
The Federal Trade Commission (FTC) announced five law enforcement actions that it said are part of a crackdown on deceptive artificial intelligence (AI) claims and schemes. The law enforcement sweep,...
March 31, 2024
One of the co-founders of DeepMind says hype is hindering progress in the AI space. Speaking to the Financial Times (FT) Sunday (March 31), Demis Hassabis said that the flood of money into generative artificial...