Artificial intelligence (AI) is increasingly being used in various industries, and its impact is being felt in the legal profession as well. According to a report by Law.com International, some clients are turning down law firms that do not use AI on deal work. The report states that AI can help lawyers review and analyze large volumes of documents more efficiently, which can be a significant advantage in private equity deals.
In other news, a survey conducted by the Oregon Values and Beliefs Center has revealed mixed feelings among Oregonians regarding AI. While some respondents expressed concerns about AI’s impact on jobs and privacy, others saw potential benefits in areas such as healthcare and education. The survey also found that there is no clear consensus on who should be responsible for regulating AI, with opinions divided along political lines.
Meanwhile, researchers from the University of Michigan are using AI to decode canine barks, aiming to determine if a dog is playful or angry. The researchers are also exploring whether AI can accurately identify a dog’s age and gender. The study could help improve human-dog communication and lead to better understanding of dogs’ emotional states.
In policy news, Senator Lisa Murkowski has introduced legislation that would advance American leadership in AI, including for energy and environmental applications. The “Department of Energy AI Act” would use the Department of Energy’s 17 national laboratories to conduct research and development in AI, with a focus on areas such as climate change, clean energy, and cybersecurity.
Utah has also taken steps to shape AI policy by establishing its Office of Artificial Intelligence Policy (OAIP). The OAIP aims to create an environment that ensures the growth and success of AI while addressing potential risks and challenges. The office will work with stakeholders to develop policies and regulations that promote responsible AI development and use.
Finally, Wall Street is becoming more skeptical of AI hype, according to a report by MarketWatch. After 18 months of hyping up AI’s transformative impact on corporate profits and human productivity, some investors are starting to question whether the technology can deliver on its promises. The report states that while AI has the potential to revolutionize various industries, it is still in the early stages of development, and there are many challenges to overcome before it can realize its full potential.
In conclusion, AI is making waves in various industries, from law to healthcare to policy-making. While there are concerns about its impact on jobs and privacy, there is also excitement about its potential benefits. As AI continues to evolve, it is crucial to develop policies and regulations that promote responsible development and use, while also addressing potential risks and challenges.
More information, please check below news source:
‘Monumental leap forward’: University of Alabama opens artificial intelligence center
(Tuscaloosa News on MSN.com)
The Alabama Center for the Advancement of Artificial Intelligence will concentrate on research and education in AI.
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3 Artificial Intelligence Stocks Flashing Danger Signs
(Business Insider)
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Artificial Intelligence, or AI, has been the hottest sector in the stock
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Artificial Intelligence and Its Pitfalls Are at the Core of Bucheon Film Festival Revamp: ‘Author-Generated Cinema May Become Local and Niche’
(Variety on MSN.com)
At a conference on film and artificial intelligence over the weekend in South Korea’s Bucheon, it was difficult to know whether the new technology was being embraced, normalized or underestimated.
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How artificial intelligence can help prevent illegal wildlife trade
(Phys.org on MSN.com)
Imagine you are a law enforcement official at a wildlife market and suspect some of the birds on sale are from endangered or illegally traded populations. This is a situation that demands decisive identification and action,
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Is Artificial Intelligence Changing How Lawyers Advise on Private Equity?
(Law)
Private equity clients are said to be turning down law firms that don’t use artificial intelligence on deal work.
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Oregonians show ‘mixed’ feelings on artificial intelligence, survey finds
(KOIN 6)
A new survey released by the Oregon Values and Beliefs Center on Tuesday reveals how some Oregonians feel about the use of artificial intelligence and who should be in charge of AI regulations.
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Scientists Use Artificial Intelligence To Decode What A Dog’s Bark Means
(New York Sun)
Researchers from the University of Michigan are leveraging artificial intelligence to decipher canine barks, aiming to determine if a dog is playful or angry. The researchers are also exploring whether AI can accurately identify a dog’s age, gender …
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Senate bill would boost DOE’s work on artificial intelligence
(E&E)
Lisa Murkowski introduced legislation Wednesday that would “advance American leadership in artificial intelligence,” including for energy and environmental applications. The “Department of Energy AI Act” would use the Department of Energy’s 17 …
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Utah Launches Office of Artificial Intelligence Policy
(Government Technology)
The Utah Department of Commerce this week established its Office of Artificial Intelligence Policy (OAIP), aiming to shape AI policy in the state. “AI is growing rapidly, and we are working to create an environment to ensure its growth and success while …
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Wall Street is becoming more skeptical of artificial-intelligence hype helping to power stocks
(MarketWatch on MSN.com)
After 18 months of hyping up artificial intelligence and its potentially transformative impact on both corporate profits and human productivity, Wall
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