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A Snapshot and Summary of What’s Happening to Enable
the Safe and Effective Use of AI

Business Developments 

Major tech companies, such as Microsoft, Google and Adobe are experimenting with different strategies to make, market and monetize the use of generative AI. For example, Microsoft and Google are adding AI capabilities to some current software in order to charge a premium price.  And, Adobe has added generative AI capabilities to its Creative Cloud and Experience Cloud platforms and putting caps on monthly usage and charging based on consumption.  

Amazon also is following the lead of Microsoft (which invested billions of dollars in a stake of OpenAI). It is investing up to $4B in Gen AI start-up, Anthropic. As part of the partnership, Anthropic will use Amazon’s custom chips to build its solution, and Amazon will use the AI technology across its business  

 

U.S. And EU Regulations 

The U.S. has placed tighter restrictions on China’s access to advanced semiconductor chips for AI.  These new regulations could put an end to most shipments from the U.S. to Chinese data centers. Additionally, U.S. companies seeking to sell China advanced chips will be required to notify the government of their plans. 

The World Health Organization (WHO) released new regulatory considerations on AI for health. It focuses on the importance of establishing safe and effective  systems and quickly making them available to those who need them, while nurturing dialogue among all key stakeholders, such as AI developers, regulators, manufacturers, health workers, and patients. 

Meanwhile, the European Union (EU) could become the first Western region to have an AI regulatory framework in place through the proposed new AI Act. The main focus of the Act is to mitigate risk across four key categories: unacceptable risk, high risk, limited risk, minimal/no risk. 

Arts & Entertainment 

On another Anthropic note, the company is being sued by Universal Music for copyright infringement. Universal Music claims that Anthropic scraped song lyrics from its catalog to generate similar lyrics in its chatbot. 

Google has announced that it will protect customers who use some of its generative AI products if they get sued for copyright infringement.  Other companies have made similar announcements, such as Microsoft and Adobe.  

To protect themselves against legal challenges, several AI vendors, such as Stability AI and OpenAI, are building in ways for artists to opt out of having their work used for model training. Some firms have started communal funds to share some of the revenue they generate from their solutions with the artists whose data was used to train those models. 

The bold new world of Gen AI is just heating up, but we’ve got you covered. Stay tuned for more developments in next month’s Wovenware Monthly AI Index. 

In the meantime, please share your questions, concerns and opinions about the AI-driven era.  We’d love to hear from you.  Please reach out at info@wovenware.com

Wovenware Monthly AI Index – October Developments

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