NEWS IN BRIEF: AI/ML FRESH UPDATES

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Embrace AI as a Human Ally Heather Stewart

Elon Musk envisions a future with "more robots than people," but trade unions stress the importance of human connection for children's well-being. Tech risks losing social acceptance unless it improves people's lives.

AI sidelines Australian journalism, research finds

AI threatens Australian journalism, favoring US/European media over local sources in Microsoft Copilot summaries, creating news deserts. University of Sydney research shows only 1/5 of Copilot responses include Australian media links.

Revolutionizing AI with Amazon Bedrock

Amazon Catalog Team built self-learning AI system for catalog enrichment, improving accuracy & reducing costs at scale using Amazon Bedrock. Multiple smaller models process routine cases through consensus, invoking larger models only when disagreements occur, leading to decreased costs and increased quality.

AI and Open Source Revolutionizing Financial Services

AI is transforming financial services, with organizations leveraging AI to increase revenue, decrease costs, and improve critical functions. The use of open source models is key, with 83% saying it's important, as financial institutions fine-tune AI capabilities for competitive advantage.

Boosting Data-Driven Advertising with Amazon Bedrock Agents

CLICKFORCE, a leader in digital advertising in Taiwan, partnered with AWS to create Lumos, a next-gen AI-driven marketing analysis tool, transforming weeks of manual work into a one-hour automated process. Lumos addresses challenges like generic AI outputs, lack of industry context, and disconnected tools, providing actionable insights for smarter advertising decisions.

AI Firms Accused of Theft by Johansson and Blanchett

Hollywood stars like Scarlett Johansson and Cate Blanchett join 800 creatives in condemning AI companies for unauthorized use of their work. The "Stealing Isn’t Innovation" campaign accuses tech firms of building AI platforms without proper licensing.

Protecting Children from Social Media and AI

Government consultation on banning social media for under-16s should also consider access to generative AI for young people. AI-driven technologies, including chatbots simulating friendship, raise urgent questions about safeguarding young minds online.

AI Bot Swarms: A Threat to Democracy

AI researchers warn of potential disruption in 2028 US election by human-imitating AI agents, posing a threat to democracy. Maria Ressa and top experts highlight the rise of malicious "AI swarms" in social media, a new global disruptive threat.