gm humanoids,

This week we’ve seen major setbacks in AI, with a lot of data indicating that AI may be racist, and we also explore AI threats with the new trend of Deepfakes floating around.

Tech giants globally are meeting to discuss how far AI should really be developed. Will the AI overlords rise against humanity? Let’s find out!

📈📉AI & Big Data Tokens

Key Takeaway: Effect Network (EFX) is controlled by the EffectDAO. Their main product is Effect Force: The first Blockchain-based framework for the Future-of-Work. Will AI automate and solve workplace problems? We’ll have to wait and see!

🌑Full Moons - Racism & Deepfake Threats - Time To Pull The Plug?

Is AI Racist? New Data Suggests It Might Be…

AI's embedded biases are causing concern as it replicates human prejudices. Recent incidents, such as Midjourney's AI generating controversial Barbie images, spotlight this issue.

• Past cases include Nikon's software asking Asians if they blinked and biased AI in U.S. courts.

• The UK's ICO is probing AI discrimination, seeing it as a threat to people's lives.

The root problem lies in biased training data, limiting AI's understanding of diverse accents and groups. This bias affects critical domains like HR and automotive safety.

Diverse teams and rigorous bias testing help, but challenges persist. Raising awareness, boosting diversity, and reporting bias incidents are essential steps toward fairer AI.

Voice Deepfakes

Tech companies are using AI to replicate voices, giving rise to "voice deepfakes." These synthetic voices can mimic individuals and even say things they wouldn't.

Recent incidents include reporters tricking identity verification systems with AI-generated voices, raising security concerns. Voice actors are also discovering their voices used without consent for various purposes, including deepfake pornography.

Legal protections for voice actors are limited, and addressing this issue is challenging. Companies can adopt anti-spoofing measures to mitigate risks, including educating employees and implementing multifactor authentication.

Legislation and transparency measures may be needed to combat voice deepfakes, as awareness becomes crucial in tackling this emerging threat.

Mark Zuckerberg, Elon Musk, Bill Gates Meet For AI Governance!

Tech giants like Mark Zuckerberg, Elon Musk, and Bill Gates gathered for a closed-door AI forum. They advocated for broad AI regulations and discussed the risks of unchecked AI development.

• Zuckerberg stressed the need for safety and accessibility policies.

• Musk warned of "civilizational risk".

• Gates supported a federal AI department.

Senators Warren and Hawley criticized the meeting's closed nature and the tech executives' motives.

The U.S. is still working on AI regulations, but Senators Hawley and Blumenthal proposed a bipartisan framework requiring AI companies to apply for licenses managed by an independent oversight authority.

🔭The Scope

Racism, Deepfakes, and Data manipulation are the small threads that may start the snowball effect of a whole new multitude of problems. But are closed-door meetings really the way of how humanity must go about it? An open discussion is also necessary with governance and laws placed in front of the public.

🌓Half Moons

The intersection of AI and cryptocurrencies has led to the emergence of AI crypto projects like Render, Fetch.ai, and yPredict, which utilize specialized tokens for AI-powered blockchain platforms, offering users access to AI-driven features and services across industries.

Adobe has introduced its Firefly suite of generative AI tools, integrated across Adobe Creative Cloud, Adobe Express, and Adobe Experience Cloud, following a six-month testing phase, and is also raising subscription prices by $2 to $5 per month starting in November, while offering generative credits to users for accessing AI features, and has expanded its partnership with IBM to employ generative AI models in content creation and design processes.

🔭The Scope

AI + Crypto is the next wave of the industry. Major companies are using AI to leverage their products and boost productivity for users.

⚪ Total Eclipse

Here’s an awesome blog we found with all the latest AI facts for 2023, including:

• 91.5% of leading businesses invest in AI on an ongoing basis.

• 40% of people use the voice search function at least once every day.

• 38% of employees expect their job to be automated by 2023.

• 60% of people are also concerned that chatbots cannot accurately understand their queries, according to Business Insider

💫Shooting Star

This week’s shooting star is MIRANDUS

This piece is titled ‘The Wisp’, and the Mirandus game quotes the Wisp as being “such a small orb, and yet, such a large source of destruction. 💫”

Mirandus is a game unlike any other, an epic fantasy MMORPG set in a massive world ruled by five player-monarchs. There are no quests nor maps. Players are given absolute freedom of choice. You decide who you will be.

🌚Dark Side of the Meme