NEWS IN BRIEF: AI/ML FRESH UPDATES

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The AI Bubble: Time for Responsible Innovation

Tech investors in 1999 mistook spending for growth, leading to the dot-com bust. Post-crash, web 2.0 and open-source software thrived, giving birth to platforms like Firefox and Wikipedia. Lesson: after bubbles burst, building differently can lead to innovation. Mark Surman is the president of Mozilla.

China's AI Catch-Up Race

Alibaba's CEO envisions AI-driven intelligent revolution with AGI and ASI, unlocking human potential at unimaginable speeds. Beijing's AI policy focuses on real-life applications while Chinese companies articulate grand visions for the future.

UK Media Groups Seek Opt-Out from Google AI Overviews

UK competition watchdog proposes measures to give web publishers power to stop Google scraping content for AI Overviews, impacting revenue due to decreased click-through traffic to original journalism. News organisations aim to increase leverage to get paid if content is used in AI summaries, addressing concerns over Google's dominance in online search.