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PLUS: 5x revenue in 2 months, US-China AI Agreement, NVIDIA Launches H200, Google Maps Enhanced.

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AI RETAIL

🌊 A Sail Through Retail AI: Consumer Preferences and NRF Guidelines

The synergy of consumer readiness for AI adoption during the holiday season, as indicated by the Talkdesk AI & Holiday Shopping Survey, aligns with the National Retail Federation's (NRF) establishment of principles for ethical AI use.

The detailed rundown:

Consumer AI Adoption:

  • 88% of consumers plan to use AI for holiday shopping, with 73% utilizing AI chatbots for discounts, and 66% exploring personalized product recommendations.

  • 40% are willing to let a chatbot choose gifts, while 76% wouldn't be upset receiving a gift chosen by AI.

NRF's AI Principles:

  • NRF's governance principles stress internal governance, risk management, and transparency.

  • Customer-centric principles focus on transparency, discrimination prevention, and alignment with privacy policies. 

  • Workforce applications demand ongoing oversight of AI impacting employees, and business partner accountability emphasizes clear guidelines.

  • Bidens’ initiative further supports the controlled usage of AI to safeguard privacy. 

The Bottom Line:

Embrace consumer AI enthusiasm, ensuring adherence to NRF principles—prioritizing accuracy, transparency, and ethical AI use for enhanced customer trust and long-term brand loyalty.

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AI AGREEMENT

📝 US-China AI Agreement: A Fragile Step Towards Global AI Governance

The US-led declaration on responsible military use of AI and China's agreement to keep AI out of nuclear weapon control systems are significant developments in the global AI governance landscape. 

Here’s the complete picture⬇️

👉 US-led declaration on responsible military use of AI:

→ The declaration was endorsed by 45 countries, including many key US allies and partners except China.

→ It contains 10 measures that represent an important step in building an international framework of responsibility for the military use of AI.

→ The declaration lays the foundation for states to responsible military use of AI and to share best practices, expert-level exchanges, and capacity-building activities.

👉 China's agreement to keep AI out of nuclear weapon control systems:

The agreement is expected to be signed by President Biden and President Xi Jinping at the upcoming APEC summit in San Francisco.

Note: The agreement is limited to nuclear weapon control systems & doesn’t cover other potential military applications of AI, such as autonomous drones and other unmanned systems.

The US-China AI agreements are a positive step towards global AI governance. However, they are just a first step amidst many AI challenges. 

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HOT NEWS

🤖 AI-Generated White Faces Deemed More Realistic Than Actual Photos, Survey Reveals

Research indicates that AI-generated white faces are perceived as more authentic than real ones, a bias not applicable to faces of color. This disparity, emerging from AI training data, raises issues like identity theft. In tests, 66% confused AI white faces for real, highlighting the critical need to rectify AI biases.

🔍 NVIDIA Launches H200, Latest High-End AI Training Chip

Source- CNBC

Nvidia's latest H200 GPU, launching in 2024's second quarter, is a major leap in AI, boasting 141GB of HBM3 memory for enhanced AI text, image generation, and predictions. Outperforming the H100, it's priced between $25,000-$40,000. The H200, integral to Nvidia's 170% sales surge, competes with AMD’s MI300X and will soon be followed by the anticipated B100 chip in 2024.

🌐 Biden, Xi Agree on AI Exclusion from Systems for Nuclear Weapons, Reports Indicate

At the APEC summit, US President Biden and China's President Xi are set to sign a deal limiting AI in nuclear weapons systems. Amid heightened tensions, this pivotal agreement focuses on restricting AI in autonomous weaponry and the control of nuclear warheads, targeting the escalating issue of AI's role in military technology.

📍 Google Maps Enhanced with Five Advanced AI Features

Source- Google

Google Maps' AI upgrade introduces five key AI features: Immersive View for 3D street-level visuals, AI-enhanced location search, improved navigation with real-time traffic and lane guidance, detailed EV charging station info, and the 'Lens in Maps' augmented reality feature. However, it raises concerns over Google's extensive data collection used for service enhancement and targeted ads.

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