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Summary: As we close out the year, new developments in the world of generative AI continue to evolve. Below we share some of the major news and issues that continue to dominate the world of GenAI across business, government and the world at large.

Business Developments 

There has been lots of news on the OpenAI front, as its CEO Sam Altman was fired and rehired within less than two weeks. The OpenAI Board voted to oust him following directional conflicts between him and the Board, partly because of his interest in pushing AI development more aggressively, while many original board members wanted a more cautious approach. Within two days, it was announced that Altman would be joining Microsoft (a key stakeholder in OpenAI) to lead a new AI research division. Yet at the same time, 800 OpenAI employees, threatened to leave if Altman wasn’t reinstated as CEO, and they requested that the Board resign. Altman did return as CEO within a week and a new Board was created. 

In other news, Amazon launched its own GenAI solution, Q, which is a business chatbot powered by GenAI. Q is able to synthesize content, streamline day-to-day communications and help employees with tasks like generating blog posts. Companies also can connect Q to their own data and systems to get a customized experience.  


U.S. And EU Regulations 

Biden recently signed an executive order to address the swift pace of AI deployment, laying the groundwork for the government’s embrace of AI as a tool for national security while also pressuring companies to develop the technology safely. Some elements of the order include requiring AI companies to notify the government when developing models that could pose a serious risk to national security or public health and safety. It also includes the requirement to demonstrate to the government how they ensure cybersecurity and what they are doing to protect the software from malicious use. 

The AI order also begins to set the stage for shielding Americans’ privacy and civil rights and help workers whose jobs are threatened by AI.  

The White House has maintained that its actions are not a substitute for legislation from Congress, according to an article in the WSJ

Meanwhile, according to a Reuters article, the European Union (EU) could become the first Western region to have an AI regulatory framework established 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 

OGenAI is taking the video game industry by storm. One studio, Blizzard Entertainment, has trained an image generator on its popular games, such as the World of Warcraft, Diablo and Overwatch. Because GenAI creates art faster than human developers, studios like Blizzard, a division of Activision Blizzard, are hoping that the technology can reduce design and development work. 

The world of Gen AI gets more interesting by the day, and we’ve got you covered with all of the breakthrough news. Stay tuned for more developments in next month’s Wovenware Monthly AI Index. 

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

Wishing you Happy Holidays and Happy Reading! 

Wovenware Monthly AI Index: Latest GenAI Developments

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