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Bracketologists Employ AI for March Madness; Ethical Boundaries Sought for AI; AI Transforms Education and Receives Award; AGI Expected in 5 Years; EU Regulates AI

March Madness bracketologists are utilizing artificial intelligence (AI) to enhance their predictions, according to an Associated Press report. Tim Chartier, a Davidson bracketology expert, explained that while no method can incorporate every relevant factor on the court, AI helps strike the necessary balance between modeling and intuition, which he refers to as “the art of sports analytics.”

Meanwhile, determining ethical boundaries for AI is becoming an increasingly important concern for governments worldwide. Asimov’s theoretical guardrails are no longer sufficient in today’s digital landscape, according to a report by BreakingNews.ie. In response, the European Parliament recently reached a historic consensus on comprehensive new legislation designed to regulate AI development and use, marking Europe’s commitment to responsible digital leadership and an ethical future for artificial intelligence.

In other news, Saudi Arabia is planning a $40 billion push into AI technology, creating a massive fund that could potentially make it the largest player in the hot market, according to The New York Times. This move comes as part of the Middle Eastern country’s efforts to diversify its economy and reduce its dependence on oil.

Finally, Nytimes.com reports that the European Union is stepping up to regulate AI. Members of the European Parliament reached a historic consensus last week on comprehensive new legislation designed to govern the development and use of AI technologies. This move marks out Europe’s commitment to responsible digital leadership and an ethical future for artificial intelligence in Europe.

In technology news, Techcrunch reports that Nvidia has unveiled its next-generation graphics processing unit (GPU), the RTX 4090, which promises to deliver faster performance and better energy efficiency than its predecessors. The new GPU is aimed at gamers and professionals who require high-performance graphics for tasks such as video editing and 3D rendering.

In a related development, Samsung has announced that it will invest $15 billion in the development of advanced semiconductor technology over the next decade, according to a report by Reuters. The investment is aimed at strengthening Samsung’s position in the global semiconductor market and advancing its research and development capabilities in areas such as AI, 5G, and autonomous vehicles.

Finally, Techcrunch reports that Google has launched a new feature for its Google Maps service that allows users to see real-time traffic information for major roads and highways. The new feature is designed to help drivers plan their routes more effectively and avoid congested areas.

In conclusion, the world of technology is seeing significant advancements and investments in AI, semiconductor technology, and mapping services. From bracketologists using AI to predict March Madness games to Saudi Arabia’s $40 billion push into AI technology, it’s clear that artificial intelligence is becoming an increasingly important part of our daily lives. Meanwhile, the European Union and individual countries are taking steps to regulate and govern the development and use of AI technologies, ensuring that they are used responsibly and ethically.

More information, please check below news source:

    ‘Art and science:’ How bracketologists are using artificial intelligence this March Madness
    (The Associated Press – Sports on MSN.com)
    No method will integrate every relevant factor at play on the court. The necessary balance between modeling and intuition is “the art of sports analytics,” said Tim Chartier, a Davidson bracketology expert.
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    Advocating for Ethics in AI – Why Ethical Boundaries are Needed in Artificial Intelligence.
    (Impacts)
    Determining ethical boundaries for artificial intelligence is a growing concern for governments around the globe. With a digital landscape that continuously evolves, in part thanks to AI, the theoretical guardrails proposed by Isaac Asimov are no longer enough.
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    Artificial intelligence transforming the lives of teachers and students
    (The Waterloo-Cedar Falls Courier)
    Artificial intelligence is revolutionizing education. Teachers and students both benefit from the power of AI.
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    ibex Wins 2024 Artificial Intelligence Excellence Award
    (Business Insider)
    WASHINGTON, March 20, 2024 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and
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    Nvidia’s Jensen Huang says AI hallucinations are solvable, artificial general intelligence is 5 years away
    (Yahoo)
    Artificial General Intelligence (AGI) — often referred to as “strong AI,” “full AI,” “human-level AI” or “general intelligent action” — represents a significant future leap in the field of artificial intelligence.
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    Regulating Artificial Intelligence: Europe is stepping up to the mark
    (BreakingNews.ie)
    Against this backdrop and in a world-first, Members of the European Parliament reached a historic consensus last week on a comprehensive new legislation designed to govern the development and use of AI technologies. This marks out our commitment to responsible digital leadership and an ethical future for artificial intelligence in Europe.
    Read More
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    Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence
    (The New York Times)
    The Middle Eastern country is creating a gigantic fund to invest in A.I. technology, potentially becoming the largest player in the hot market.
    Read More
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