Global Scans · AI · Weekly Summary

• [New] If Japanese-based LLMs become widespread, the use of AI will accelerate in Japanese society, alongside an increase in the amount of content with risks. Asia Pacific Initiative <
• [New] Even China is concerned that technologies like generative AI could be used as a tool to criticize authorities, which suggests there is an incentive for implementing certain regulations. Asia Pacific Initiative <
• [New] In 2024 and beyond, we will see significant growth in AI-focused software and the introduction of AI technologies and features into existing SaaS solutions to improve their overall functionality. RIB Software
• [New] The integration of AI could transform energy grids into intelligent networks that optimize energy flow and distribution, drastically reducing waste and increasing the overall stability of energy systems worldwide. IPS Inter Press Service Business
• [New] Drug discovery and development: Gartner predicts that by 2025, pharma companies will leverage generative AI toward 30% of drug discovery and development initiatives. brillio
• [New] Image generation is strong and now has that unique imagine feature, and Meta AI has access to one more search engine than Google Gemini does. LifeHacker
• [New] Harnessing the power of AI through the public cloud will be a transformative strategy for financial services companies in 2024. QA
• [New] Finance leaders are buzzing about the transformative potential of generative AI tools like ChatGPT and Google Gemini. SaaSWorks, Inc.
• [New] Innovation optimists argue that, with the world's population expected to reach nearly 10 billion people by 2050, technologies like AI are humanity's best hope for surviving without destroying the planet. phys.org
• [New] 95% of firms believe technology like AI and automation will significantly impact claims processing in the next five years. The Fintech Times
• [New] By addressing potential pitfalls, leveraging the power of collaboration, and prioritizing responsible AI development, Google has the potential to unlock transformative innovations that shape the future of technology, user experiences, and the global landscape. GizChina Media
• [New] Google will need to continuously invest in cutting-edge research and attract top talent in AI to maintain its competitive edge. GizChina Media
• [New] Recognizing the transformative potential of AI in shaping tomorrow's computing platforms and devices, Google is establishing a new division called Platforms & Devices. GizChina Media
• [New] Given that the world's population is expected to reach nearly 10 billion by 2050, technologies such as AI are humanity's best hope for survival without destroying the planet. Tico Times - Costa Rica News
• [New] Fujitsu will deploy Oracle Alloy, a cloud infrastructure platform that provides more than 100 Oracle Cloud Infrastructure services, including generative AI, as part of its Fujitsu Uvance Hybrid IT portfolio, which supports customers with on-premises and cloud-based infrastructure. Fujitsu Global
• [New] More than half of the physicians Wolters Kluwer surveyed - 54% - said they believe generative AI will save them 20% or more time looking for data to assist in clinical decisions, while more than two-thirds - 68% - said genAI helps them quickly search medical literature. Healthcare IT News
• [New] The EU has since introduced its AI Act into law the world's first legislation designed specifically to address the risk of artificial intelligence, including biometric categorization and manipulation of human behaviour, as well as stricter rules for the introduction of generative AI. The Register
• [New] As AI continues to advance, we can expect to see even more specialized positions that harness the power of technology to bridge communication gaps and create transformative impact on a global scale. Lion People Global
• [New] Global electricity demand from data centers, cryptocurrencies, and artificial intelligence is projected to nearly double by 2026, reaching between 620 and 1,050 terawatt-hours, with a base case of just over 800 TWh, up from 460 TWh in 2022. KGI Research Singapore
• [New] Zurich North America has implemented AI in its medical bill review process, showcasing AI's potential to streamline the handling of medical bills for workers' compensation, automotive, and general liability claims. Digital Insurance
• [New] Although Generative AI took the world by storm, in the financial services sector it is still emerging with opportunities for growth. Prolific North

Last updated: 24 April 2024