Skynet Today Last Week in AI News #20

Last Week in AI News #20 Subscribe for future emails here! Mini Briefs Confronting the Risks of Artificial Intelligence AI systems have huge potentials to improve businesses, and McKinsey estimates that AI technology will add $13 trillion dollars per year to the global economy by 2030. However, because most businesses are relatively new to AI, they are not well prepared for avoiding and mitigating the risks of AI, which can arise from “the development of AI solutions, from their inadvertent or intentional misapplication, or from the mishandling of the data inputs that fuel them.” Poorly deployed AI systems can have grave consequences from discrimination and regulatory backslashes to loss of human life (i.e. self-driving cars or misdiagnosing diseases).

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